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Question: What percentage of people on Earth will own Bitcoin by 2020
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Aamir1
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October 26, 2016, 04:56:12 PM
 #461

It is actually not possible to predict anything at all because of the fact that we don't know right now if how much percentage of the world is owning or using bitcoins.
But still as an estimate i have selected 20-30 percent because i feel that the growing users database would probably make it reach that extent by then.
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October 26, 2016, 07:29:07 PM
 #462

2% of the total world population = 148000000
I think somewhere around 0-2%.

60% of the world does not have internet access as of 2016, let alone cryptocurrencies.


So, I guess the total number of Bitcoin users will be somewhere between 0 and 148000000 Smiley
I guess they should even be more than 2% because of the incessant popularity and acceptance of bitcoin adoption that too happening very rapidly, the number of people using bitcoin should be reaching like 5% of the total world population which is over 200 million people by 2020.

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November 07, 2016, 11:03:20 AM
 #463

2% of the total world population = 148000000
I think somewhere around 0-2%.

60% of the world does not have internet access as of 2016, let alone cryptocurrencies.


So, I guess the total number of Bitcoin users will be somewhere between 0 and 148000000 Smiley
I guess they should even be more than 2% because of the incessant popularity and acceptance of bitcoin adoption that too happening very rapidly, the number of people using bitcoin should be reaching like 5% of the total world population which is over 200 million people by 2020.

If there are more than 10 million people using the regularly, that is already good achievement for the bitcoin.
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November 07, 2016, 11:21:08 AM
 #464

2% of the total world population = 148000000
I think somewhere around 0-2%.

60% of the world does not have internet access as of 2016, let alone cryptocurrencies.


So, I guess the total number of Bitcoin users will be somewhere between 0 and 148000000 Smiley
I guess they should even be more than 2% because of the incessant popularity and acceptance of bitcoin adoption that too happening very rapidly, the number of people using bitcoin should be reaching like 5% of the total world population which is over 200 million people by 2020.

If there are more than 10 million people using the regularly, that is already good achievement for the bitcoin.

It's possible it can reach that or it has already reached that number. In some countries bitcoin is already accepted in businesses and other transactions so it would be safe to say that it can very well exceed 10million users

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November 07, 2016, 12:04:19 PM
 #465

It is actually not possible to predict anything at all because of the fact that we don't know right now if how much percentage of the world is owning or using bitcoins.
But still as an estimate i have selected 20-30 percent because i feel that the growing users database would probably make it reach that extent by then.

Yes well said, no one can predict the accurate figures. I am surprised with your prediction of 20% to 30% people will be using bitcoin by 2020. I am not saying that it’s impossible but to reach such milestone, we as a bitcoin users community should give our best to build awareness about crypto currency technology and bring more and more people on the board to use bitcoin. Government policies will play a huge impact of the growth of bitcoin users in both positive and negative sense.

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November 07, 2016, 12:48:55 PM
 #466

It is actually not possible to predict anything at all because of the fact that we don't know right now if how much percentage of the world is owning or using bitcoins.
But still as an estimate i have selected 20-30 percent because i feel that the growing users database would probably make it reach that extent by then.

Yes well said, no one can predict the accurate figures. I am surprised with your prediction of 20% to 30% people will be using bitcoin by 2020. I am not saying that it’s impossible but to reach such milestone, we as a bitcoin users community should give our best to build awareness about crypto currency technology and bring more and more people on the board to use bitcoin. Government policies will play a huge impact of the growth of bitcoin users in both positive and negative sense.
Not even close, we are just less than 5% of the total population of the world although the adoption rate is increasing, we are not as many as you think guys so some people should stop fantasizing that we will be replacing dollars soon or bitcoin will become the mainstream currency.

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November 07, 2016, 01:02:18 PM
 #467

I can't either say that it would be a less than or more 50% of the world's total population. I think that it would really depend on the government if the government will support blockchain technology then it would probably get to more than 50%


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November 07, 2016, 02:00:29 PM
 #468

I can't either say that it would be a less than or more 50% of the world's total population. I think that it would really depend on the government if the government will support blockchain technology then it would probably get to more than 50%
Well, you wish for that but it will never happen, the government does want for us to adopt with their rules but we know bitcoin has it's own feature and we are transaction in a decentralize platform, government wants to take over and want to make it a centralized one. do we allow that?

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November 07, 2016, 04:04:45 PM
 #469

It is actually not possible to predict anything at all because of the fact that we don't know right now if how much percentage of the world is owning or using bitcoins.
But still as an estimate i have selected 20-30 percent because i feel that the growing users database would probably make it reach that extent by then.

Yes well said, no one can predict the accurate figures. I am surprised with your prediction of 20% to 30% people will be using bitcoin by 2020. I am not saying that it’s impossible but to reach such milestone, we as a bitcoin users community should give our best to build awareness about crypto currency technology and bring more and more people on the board to use bitcoin. Government policies will play a huge impact of the growth of bitcoin users in both positive and negative sense.
Not even close, we are just less than 5% of the total population of the world although the adoption rate is increasing, we are not as many as you think guys so some people should stop fantasizing that we will be replacing dollars soon or bitcoin will become the mainstream currency.

Exactly, I never said bitcoin will replace dollar but it will emerge as a good payment alternative for fiat currencies but a support from major players such as amazon, paypal etc. Yes bitcoin adoption rate is increasing but it should increase constantly in order to enter as a leading player in world fund transfer industry.

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November 07, 2016, 05:07:21 PM
 #470

I can't either say that it would be a less than or more 50% of the world's total population. I think that it would really depend on the government if the government will support blockchain technology then it would probably get to more than 50%
Well, you wish for that but it will never happen, the government does want for us to adopt with their rules but we know bitcoin has it's own feature and we are transaction in a decentralize platform, government wants to take over and want to make it a centralized one. do we allow that?

How pretty sure are you that it would never happen? you can't really say that it would not happen. The bitcoin feature is just to strong and even the government can't control so that's the real impossible one. First thing is that it is hard to trace up bitcoin transcation and then persons being involved so centralization is far from reality from now.


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November 14, 2016, 04:38:45 PM
 #471

It is actually not possible to predict anything at all because of the fact that we don't know right now if how much percentage of the world is owning or using bitcoins.
But still as an estimate i have selected 20-30 percent because i feel that the growing users database would probably make it reach that extent by then.

Yes well said, no one can predict the accurate figures. I am surprised with your prediction of 20% to 30% people will be using bitcoin by 2020. I am not saying that it’s impossible but to reach such milestone, we as a bitcoin users community should give our best to build awareness about crypto currency technology and bring more and more people on the board to use bitcoin. Government policies will play a huge impact of the growth of bitcoin users in both positive and negative sense.
Not even close, we are just less than 5% of the total population of the world although the adoption rate is increasing, we are not as many as you think guys so some people should stop fantasizing that we will be replacing dollars soon or bitcoin will become the mainstream currency.

Exactly, I never said bitcoin will replace dollar but it will emerge as a good payment alternative for fiat currencies but a support from major players such as amazon, paypal etc. Yes bitcoin adoption rate is increasing but it should increase constantly in order to enter as a leading player in world fund transfer industry.

Donald Trump is going to cut taxes in US, that means he has to borrow a lot. So the Dollar value will reduce. People will seek bitcoin.
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November 14, 2016, 04:58:10 PM
 #472

And what percentage of people are now aware of Bitcoin? Surely no more than 1. Therefore, four years later, this percentage may increase by 2-3 times, not more than
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November 20, 2016, 02:37:31 PM
 #473

And what percentage of people are now aware of Bitcoin? Surely no more than 1. Therefore, four years later, this percentage may increase by 2-3 times, not more than

That could be right. The rate of increase could be around 20 to 50% per year. So in 4 years, could be just 1%.

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November 21, 2016, 06:55:16 AM
 #474

It is actually not possible to predict anything at all because of the fact that we don't know right now if how much percentage of the world is owning or using bitcoins.
But still as an estimate i have selected 20-30 percent because i feel that the growing users database would probably make it reach that extent by then.

Yes well said, no one can predict the accurate figures. I am surprised with your prediction of 20% to 30% people will be using bitcoin by 2020. I am not saying that it’s impossible but to reach such milestone, we as a bitcoin users community should give our best to build awareness about crypto currency technology and bring more and more people on the board to use bitcoin. Government policies will play a huge impact of the growth of bitcoin users in both positive and negative sense.

There's so many bitcoin user in the world, so how can we predict? even a survey could not even tell the exact number of bitcoin users around the world. as of now many people become interested in bitcoins, maybe some friends told them the benefits of using bitcoins. now, The number of users are continuously growing so i guess by year 2020 at about 30 percent of population will use bitcoins. This is not impossible since the other country are now adopting digital currency as their national currency. 

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November 21, 2016, 07:50:47 AM
 #475

It is actually not possible to predict anything at all because of the fact that we don't know right now if how much percentage of the world is owning or using bitcoins.
But still as an estimate i have selected 20-30 percent because i feel that the growing users database would probably make it reach that extent by then.

Yes well said, no one can predict the accurate figures. I am surprised with your prediction of 20% to 30% people will be using bitcoin by 2020. I am not saying that it’s impossible but to reach such milestone, we as a bitcoin users community should give our best to build awareness about crypto currency technology and bring more and more people on the board to use bitcoin. Government policies will play a huge impact of the growth of bitcoin users in both positive and negative sense.

There's so many bitcoin user in the world, so how can we predict? even a survey could not even tell the exact number of bitcoin users around the world. as of now many people become interested in bitcoins, maybe some friends told them the benefits of using bitcoins. now, The number of users are continuously growing so i guess by year 2020 at about 30 percent of population will use bitcoins. This is not impossible since the other country are now adopting digital currency as their national currency. 
We have no choice but to predict, at least we can get the approximate number of users, it's important to be considered if we are investing and trading.



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Bitcoin0916
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November 21, 2016, 08:51:50 AM
 #476

It is actually not possible to predict anything at all because of the fact that we don't know right now if how much percentage of the world is owning or using bitcoins.
But still as an estimate i have selected 20-30 percent because i feel that the growing users database would probably make it reach that extent by then.

Yes well said, no one can predict the accurate figures. I am surprised with your prediction of 20% to 30% people will be using bitcoin by 2020. I am not saying that it’s impossible but to reach such milestone, we as a bitcoin users community should give our best to build awareness about crypto currency technology and bring more and more people on the board to use bitcoin. Government policies will play a huge impact of the growth of bitcoin users in both positive and negative sense.

There's so many bitcoin user in the world, so how can we predict? even a survey could not even tell the exact number of bitcoin users around the world. as of now many people become interested in bitcoins, maybe some friends told them the benefits of using bitcoins. now, The number of users are continuously growing so i guess by year 2020 at about 30 percent of population will use bitcoins. This is not impossible since the other country are now adopting digital currency as their national currency. 
We have no choice but to predict, at least we can get the approximate number of users, it's important to be considered if we are investing and trading.
In my country, the bitcoin user no more than 0.0001% and know bitcoin not more 0,0001, it was based on a poll on the biggest forum in my country. I agree with your opinion, I don't care how many bitcoin users, and the most important is still give benefits and make me rich.  Smiley
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November 21, 2016, 09:02:38 AM
 #477

in my opinion, the total of people on earth that own bitcoin by 2020 is about 30% because many things will be happen in next 3 years from now and we hope its the best time for bitcoin to be adopt by more people and more country so bitcoin will be more growth.

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November 21, 2016, 11:06:19 AM
 #478

in my opinion, the total of people on earth that own bitcoin by 2020 is about 30% because many things will be happen in next 3 years from now and we hope its the best time for bitcoin to be adopt by more people and more country so bitcoin will be more growth.

In my opinion the percentage will be more around 20%. More services will be available in 2020 with the utilization of bitcoin, so more people will start to use it and accept it. I think it will be so easy as to do a payment today with a credit card or debit card.

Every day more and more people start to use the bitcoin technology.

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November 21, 2016, 11:22:29 AM
 #479

i think it will be more or less 20% because i see that bitcoin is in his own success year by year. and it grows mostly 50% done back day and i believed that bitcoin will be a great opportunity to all who wants some stable income in future . bitcoin will never be disappear as all we know that many investor nowadays investing in bitcoin and it's a great impact to the economy.

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November 21, 2016, 11:27:38 AM
 #480

It's hard to predict how much people use bitcoin, since it pseudonym and people easy to generate bitcoin address.
But let's count roughly, according to blockchain users, the statistic showed over 10 millions people using their wallet service, let's say its count 1/2 of the stats(let's say just 1/2 real people used, 1/2 is their multiple address), it's 5 milions now. Per 1 years the users increased 5 millions. at 2020 = 25 millions people. that's just my roughly calculations.
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