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Question: What percentage of people on Earth will own Bitcoin by 2020
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diodio5
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December 01, 2016, 09:46:18 AM
 #561

I am sure the year 2020 users bitcoin can reach 10% of the population of the Earth. Although currently many countries that prohibit bitcoin but the popularity of the bitcoin will not be stopped.
Lol you too much, you should know that the total population of the earth is so large and while users of bitcoin is still very small, impossible in the next four years we will reach 10% of total users. it is too big expectations
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December 01, 2016, 10:36:08 AM
 #562

I am sure the year 2020 users bitcoin can reach 10% of the population of the Earth. Although currently many countries that prohibit bitcoin but the popularity of the bitcoin will not be stopped.
Lol you too much, you should know that the total population of the earth is so large and while users of bitcoin is still very small, impossible in the next four years we will reach 10% of total users. it is too big expectations

not only that but also bitcoin can not handle that many users. right now with the current number of bitcoin users (which is far smaller than 10% he is suggesting) blocks are full and people are stuck waiting for confirmation. and anything bigger than this is not possible and i don't see how in 4 years we can handle 10% population of the world.

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December 01, 2016, 11:46:48 AM
 #563

I am sure the year 2020 users bitcoin can reach 10% of the population of the Earth. Although currently many countries that prohibit bitcoin but the popularity of the bitcoin will not be stopped.
Lol you too much, you should know that the total population of the earth is so large and while users of bitcoin is still very small, impossible in the next four years we will reach 10% of total users. it is too big expectations

not only that but also bitcoin can not handle that many users. right now with the current number of bitcoin users (which is far smaller than 10% he is suggesting) blocks are full and people are stuck waiting for confirmation. and anything bigger than this is not possible and i don't see how in 4 years we can handle 10% population of the world.
we are even always struggling to maintain current bitcoin user due if then there is a price reduction/bitcoin price dropped , a lot of people will leaving . an obvious example happened around my place where bitcoin last year at $500 but then dropped 50% to $250 , my colleague who have invested a lot in bitcoin they just cursing and leaving. that's the real fact how hard to grow bitcoin user.

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December 05, 2016, 06:30:51 AM
 #564

2020 is still far and it is hard to predict what percentage of people on Earth will own Bitcoin by 2020. If the pace will continue as it is now, I think 2-5% of the population in the world will own bitcoin. But it can be more if there are major updates. And maybe if there are more people that shares and discuss about bitcoin well o doubt that many people will used and understand what bitcoin is all about.
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December 13, 2016, 02:23:00 PM
 #565

2020 is still far and it is hard to predict what percentage of people on Earth will own Bitcoin by 2020. If the pace will continue as it is now, I think 2-5% of the population in the world will own bitcoin. But it can be more if there are major updates. And maybe if there are more people that shares and discuss about bitcoin well o doubt that many people will used and understand what bitcoin is all about.

That is a good estimate.

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January 17, 2017, 09:46:01 AM
 #566

2020 is still far and it is hard to predict what percentage of people on Earth will own Bitcoin by 2020. If the pace will continue as it is now, I think 2-5% of the population in the world will own bitcoin. But it can be more if there are major updates. And maybe if there are more people that shares and discuss about bitcoin well o doubt that many people will used and understand what bitcoin is all about.

That is a good estimate.
Probably,but still unpredictable.Many are stated that its impossible to happen that even can't reach to its higher percentage.Not everyone are lucky enough to earned bitcoins,not all are knowing and not all are using it.,For me the basic fact how long does it lasts and it  also depends on how you work on it and how you truely understand the system.

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January 17, 2017, 09:54:59 AM
 #567

Using my my country as a case study, I went for the 10-20% category simply because following the trend of what is happening currently the acceptance of bitcoin is growing, but not at a rate to surpass that range and since 2020 is 3 years from now, I dont see any maximum movement in that regards. The category of people involved in bitcoin currently is largely the youth who have the time and also see bitcoin as  a way to make extra bucks but only few percentage of the youths are bold enough to take the risk and to believe its not an illegal move that others might think...
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January 17, 2017, 10:46:28 AM
 #568

For me its 30-40%, because as you can see now some people are now aware by using this Bitcoin, they're having a knowledge about this business, and in the year 2020 it will be double because if were earning by this bitcoin were proud to say to other people then they will be curious about this and how it works and most especially how it will make money.
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January 17, 2017, 10:59:10 AM
 #569

For me its 30-40%, because as you can see now some people are now aware by using this Bitcoin, they're having a knowledge about this business, and in the year 2020 it will be double because if were earning by this bitcoin were proud to say to other people then they will be curious about this and how it works and most especially how it will make money.

That's too high, very much opitmistic... Even if the number of bitcoin user increases by double by the year 2020, we will not reach a 30 - 40% of the people of the world to use bitcoin by 2020... We can't set aside the fact that not everyone that uses bitcoin stays with it, some are sometimes living... But it's good if we are plenty by 2020, that way we won't be seeing a big swing in price...  Smiley
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January 17, 2017, 11:02:05 AM
 #570

We cannot say of how many percentage of people on Earth will own Bitcoin by 2020, because, all of us can be part of it, other will not know about it. We cannot say because the price of a bitcoin becomes high , and sometimes becomes slow. We all know that we should create some blogs, ads and promote bitcoin to make our bitcoin value up

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January 17, 2017, 11:11:37 AM
 #571

We cannot say of how many percentage of people on Earth will own Bitcoin by 2020, because, all of us can be part of it, other will not know about it. We cannot say because the price of a bitcoin becomes high , and sometimes becomes slow. We all know that we should create some blogs, ads and promote bitcoin to make our bitcoin value up

Promoting bitcoin everywhere could really increase its user and possibly could also make the percentage of its user goes up significantly. Promoting it in blogs, or anywhere would really mean a great help. It doesn't matter if it could create you more money or not when promoting it, the thing is, it should be done. But I think without a big man, a very famous one that promotes bitcoin, it will take time before we go mainstream.


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January 17, 2017, 11:16:08 AM
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For me its 30-40%, because as you can see now some people are now aware by using this Bitcoin, they're having a knowledge about this business, and in the year 2020 it will be double because if were earning by this bitcoin were proud to say to other people then they will be curious about this and how it works and most especially how it will make money.

That's too high, very much opitmistic... Even if the number of bitcoin user increases by double by the year 2020, we will not reach a 30 - 40% of the people of the world to use bitcoin by 2020... We can't set aside the fact that not everyone that uses bitcoin stays with it, some are sometimes living... But it's good if we are plenty by 2020, that way we won't be seeing a big swing in price...  Smiley
I think it can be possible if bitcoin will be added in some schools to discuss.. and if the bitcoin can be also accepted locally and be legal before end of 2020..
But for now there still no assurance that we can hit 40% or even 30% population of the earth are increasing and i think the possible percentage that we can hit is 20% to 25% this is i think can be reach.. depends on adoption..  since many payment methods are releasing and many cashless are using right now so many competitors so it is hard to touch to 30% estimation how many people are own bitcoin in 2020.
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January 17, 2017, 11:23:41 AM
 #573

For me its 30-40%, because as you can see now some people are now aware by using this Bitcoin, they're having a knowledge about this business, and in the year 2020 it will be double because if were earning by this bitcoin were proud to say to other people then they will be curious about this and how it works and most especially how it will make money.

That's too high, very much opitmistic... Even if the number of bitcoin user increases by double by the year 2020, we will not reach a 30 - 40% of the people of the world to use bitcoin by 2020... We can't set aside the fact that not everyone that uses bitcoin stays with it, some are sometimes living... But it's good if we are plenty by 2020, that way we won't be seeing a big swing in price...  Smiley
I think it can be possible if bitcoin will be added in some schools to discuss.. and if the bitcoin can be also accepted locally and be legal before end of 2020..
But for now there still no assurance that we can hit 40% or even 30% population of the earth are increasing and i think the possible percentage that we can hit is 20% to 25% this is i think can be reach.. depends on adoption..  since many payment methods are releasing and many cashless are using right now so many competitors so it is hard to touch to 30% estimation how many people are own bitcoin in 2020.

That means legalizing bitcoin and regulating it already when we see it being one of the computer subjects being offered in schools...That's not going to be good, someone will be controlling the use of it, we won't be experiencing too much freedom in using bitcoin by that time...

 there is a possibility that when it is legal, there will be a law being passed by a certain government that accepts it as legal and citing some rules in using it, including the identity of the users, and recording will not only be done in blockchain but also by the establishment that is used for cashing it in and out...
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January 17, 2017, 11:55:08 AM
 #574

Maybe 5-10% by now. But in 2020 it will increase to 25%. Cause not all business are still not accepting bitcoins on that time.we need 50 to 100 years before people will accept bitcoin.
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January 17, 2017, 12:58:50 PM
 #575

For me its 30-40%, because as you can see now some people are now aware by using this Bitcoin, they're having a knowledge about this business, and in the year 2020 it will be double because if were earning by this bitcoin were proud to say to other people then they will be curious about this and how it works and most especially how it will make money.

That's too high, very much opitmistic... Even if the number of bitcoin user increases by double by the year 2020, we will not reach a 30 - 40% of the people of the world to use bitcoin by 2020... We can't set aside the fact that not everyone that uses bitcoin stays with it, some are sometimes living... But it's good if we are plenty by 2020, that way we won't be seeing a big swing in price...  Smiley
I think it can be possible if bitcoin will be added in some schools to discuss.. and if the bitcoin can be also accepted locally and be legal before end of 2020..
But for now there still no assurance that we can hit 40% or even 30% population of the earth are increasing and i think the possible percentage that we can hit is 20% to 25% this is i think can be reach.. depends on adoption..  since many payment methods are releasing and many cashless are using right now so many competitors so it is hard to touch to 30% estimation how many people are own bitcoin in 2020.

That means legalizing bitcoin and regulating it already when we see it being one of the computer subjects being offered in schools...That's not going to be good, someone will be controlling the use of it, we won't be experiencing too much freedom in using bitcoin by that time...

 there is a possibility that when it is legal, there will be a law being passed by a certain government that accepts it as legal and citing some rules in using it, including the identity of the users, and recording will not only be done in blockchain but also by the establishment that is used for cashing it in and out...

Any Government trying to impose restrictions on bitcoin would be bit troublesome. Either they could accept it or deny it. Controlling it would be different ball game specifically if country who are against anonymity.
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January 17, 2017, 01:24:35 PM
 #576

Maybe 5-10% by now. But in 2020 it will increase to 25%. Cause not all business are still not accepting bitcoins on that time.we need 50 to 100 years before people will accept bitcoin.
That's a big number you are talking out there, I hope you have some reliable information as a basis of your analyzes. It' like 3 years from now, and it's a big increase that is almost impossible to happen. I don't say it will not happen but I think it's too much based on the current statistics.

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January 17, 2017, 01:29:45 PM
 #577

Maybe 5-10% by now. But in 2020 it will increase to 25%. Cause not all business are still not accepting bitcoins on that time.we need 50 to 100 years before people will accept bitcoin.
That's a big number you are talking out there, I hope you have some reliable information as a basis of your analyzes. It' like 3 years from now, and it's a big increase that is almost impossible to happen. I don't say it will not happen but I think it's too much based on the current statistics.
I think that 5-10% is kind of unrealistic number. If bitcoin have that big amount of users then bitcoin might be really popular anywhere but the fact is the opposite, there's no reliable data indeed but there might an accurate prediction existed, for your information 5% of population is 375 millions people

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January 17, 2017, 05:25:24 PM
 #578

Maybe 5-10% by now. But in 2020 it will increase to 25%. Cause not all business are still not accepting bitcoins on that time.we need 50 to 100 years before people will accept bitcoin.

Who says that 5-10% or world's population is using bitcoins right now? That is a really huge number and i don't think we can even reach that till 2020, and if we could reach 5% in that year then it would be a great success for bitcoin in my opinion. Don't consider world a country.
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January 17, 2017, 05:59:24 PM
 #579

Maybe 5-10% by now. But in 2020 it will increase to 25%. Cause not all business are still not accepting bitcoins on that time.we need 50 to 100 years before people will accept bitcoin.

Who says that 5-10% or world's population is using bitcoins right now? That is a really huge number and i don't think we can even reach that till 2020, and if we could reach 5% in that year then it would be a great success for bitcoin in my opinion. Don't consider world a country.

Perfectly right. People in internet who knows about bitcoin will utilize and spread it around the world in some months if the 5 % people are using it. We could say in 2020 may it reach to 2 to 5 percent people.
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January 19, 2017, 02:37:13 AM
 #580

I've been running a poll for some time now about the value of 1 bitcoin by 2020 and it's safe to say a lot of different opinions and guesses are made.
This poll completes the other one and i'm really looking forward to everyone's input in this.

Tnx for your input  Cool


For me by that time the percentage average would be 70-80%, I do believe in that year many of the of the bitcoin users will rise up and will be added into bitcoin community count. I guess this premonition of mine will be happen by that time has come.
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