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Question: What percentage of people on Earth will own Bitcoin by 2020
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Author Topic: What percentage of people on Earth will own Bitcoin by 2020  (Read 46122 times)
nielaminda
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March 29, 2016, 01:24:25 PM
 #81

Now till 2020 is 4 years. That's ,can be said, a long time for the development and adoption of bitcoin. My speculation is that around 40-50% is about middle age to elder stage so we should exclude them Grin and some part in the world are not fully accessed to the internet. Therefore I have voted for 20-30% but may be higher a bit. I as well as others can't give the right answer but the adoption rate in the future should be better than at the moment I believe
I think your expectations are too high dude. do you think how many bitcoin users now? and how many total population of the world?
20-30% is a very large number. between 600K million people
iu very unlikely to happen in a period of 4 years. I bet that bitcoin users will not exceed 1% of the total population of the earth
I believe in mass adoption of big companies like Microsoft ( they started accepting bitcoin for some parts) or Steam ( things are getting ready) will make a big change in both number of people knowing bitcoin and using bitcoin. why? Bitcoin wallet is unhackable when you send the money to while visa, mastercards info may be used for bad purposes

When steam adopted bitcoin that will surely bring a lot of users to bitcoin and will help reach a certain percent in the usage of bitcoin.
And a lot of esports fan will choose bitcoin instead of fiat.
yeah when Steam has fully accepted bitcoin, we can see many many more to adopt bitcoin as new payment method. I would love to see big guys like Amazon, Alipay,... to use bitcoin. That will surely increase the popularity and usage of bitcoin

Big companies are really need so that bitcoin can be well known around the world,if the adopt bitcoin then users will go up and the price will too.
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March 29, 2016, 02:20:20 PM
 #82

-snip-
indeed that big companies will play an important role in the adoption of bitcoin. I myself expect to see them to accept bitcoin as adoption of bitcoin may increase their sale too
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March 29, 2016, 02:30:33 PM
 #83

-snip-
indeed that big companies will play an important role in the adoption of bitcoin. I myself expect to see them to accept bitcoin as adoption of bitcoin may increase their sale too

Every user and enthusiast of bitcoin will be happy to see that when all the big companies have adapted bitcoin and haters gonna hate but bitcoin user are getting higher everyday.
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March 29, 2016, 02:40:40 PM
 #84

-snip-
indeed that big companies will play an important role in the adoption of bitcoin. I myself expect to see them to accept bitcoin as adoption of bitcoin may increase their sale too
yeah if the merchant or company stores and receive bitcoin certainly will be more rapid adoption.
This will help the growing population of bitcoin so I hope traders will start coming to adopt bitcoin


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March 29, 2016, 02:50:41 PM
 #85

its a real unknown that it all depends on how bitcoin performs until that date.
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March 30, 2016, 05:38:45 AM
 #86

its a real unknown that it all depends on how bitcoin performs until that date.

Yeah that is right, it depends on how many are amazed by bitcoin and how was the news being spread all over the world about bitocin.. But, I guess, it would be around 10-20%...

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March 30, 2016, 05:44:23 AM
 #87

I voted for a 5%
It is necessary to promote cryptocurrency, but the authorities will not allow to do so. Unfortunately, I am pessimistic look at it all. Perhaps, I think everything will also remain as it is now.

I have ideas, such as using cryptocurrency in video games. Buying things, getting bonuses, and so on.
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March 30, 2016, 07:00:59 AM
 #88

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

honestly, love guessing some prediction on bitcoin price or bitcoin percentage in future,and i guess on 2020 bitcoin price will not suprising,it may reach $700 again,and percentage of bitcoin users on that year will reach 2% or 5%
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March 30, 2016, 07:33:45 AM
 #89

I voted for a 5%
It is necessary to promote cryptocurrency, but the authorities will not allow to do so. Unfortunately, I am pessimistic look at it all. Perhaps, I think everything will also remain as it is now.

I have ideas, such as using cryptocurrency in video games. Buying things, getting bonuses, and so on.
actually it's been done. many altcoin whose function is to be used as currency in video games such as hyper and etc
if we could spread and promotion of bitcoin massive 4 this year. I believe bitcoin users could reach more than 1%


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March 30, 2016, 07:40:03 AM
 #90

how do we even predict the right percent lol.

When we dont even know how many people there are in the 1st place? the percent kind of thing is a bit skewed no?

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March 30, 2016, 01:55:00 PM
 #91

how do we even predict the right percent lol.

When we dont even know how many people there are in the 1st place? the percent kind of thing is a bit skewed no?
we can actually predict the right percent but with the development of internet, bitcoin and the adoption rate of bitcoin we can give out some speculations about the number of people may using it
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March 30, 2016, 02:02:24 PM
 #92

i think if bitcoin is growing rapidly, it is almost 40-50% of people will use bitcoin 2020.
but in fact we do not know what will happen.  Huh Huh
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March 30, 2016, 04:10:20 PM
 #93

i think if bitcoin is growing rapidly, it is almost 40-50% of people will use bitcoin 2020.
but in fact we do not know what will happen.  Huh Huh

That wil be a large number for 50 percent of people around the globe. I disagree because of the way government tries to stop it bitcoin will not grew that large, maybe if there will be something for them then that will happen.
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March 30, 2016, 05:06:07 PM
 #94

I was a bit more optimistic than others  Grin  I went for 70%.  4 years is a long time when things like technology can change overnight or be adopted at much faster rates. 

I love Bitcoin
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March 30, 2016, 05:07:34 PM
 #95

Voted for 5 - 10% cause i think bitcoin will get some popularity in 2020. If comunity will start promote bitcoin in can be 15% ++

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March 30, 2016, 05:11:20 PM
 #96

It's three and a half years away. That ain't long. I don't think we're gonna have our minds blown anyvtime soon.
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March 31, 2016, 03:20:03 AM
 #97

its a real unknown that it all depends on how bitcoin performs until that date.

Yeah that is right, it depends on how many are amazed by bitcoin and how was the news being spread all over the world about bitocin.. But, I guess, it would be around 10-20%...
I was quite hesitant with it? how can you mention that figure are you have a good calculation? 10-20% I want to ask you? what percentage of the current bitcoin users worldwide now? did you know that?
and how many people are joining in bitcoin per annually?


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March 31, 2016, 04:07:46 AM
 #98

It's three and a half years away. That ain't long. I don't think we're gonna have our minds blown anyvtime soon.

I agree with you. Three and a half years are like a blink of an eye that will be fast and I dont see it yet that it will really grew that easily. But still we dont know what could happen. Government officials will be changing and that might get an impact if they will adapt it.
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March 31, 2016, 04:46:10 AM
 #99

as bitcoin is uncertain we can't predict to which extend it goes.. if people get more awareness, bitcoin can reach a maximum of 40%, because 2020 is not far away...
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March 31, 2016, 05:35:14 AM
 #100

-snip-
indeed that big companies will play an important role in the adoption of bitcoin. I myself expect to see them to accept bitcoin as adoption of bitcoin may increase their sale too


My best guess (which is worth zero) is 10% - 20%, and I think that is optimistic.

nielaminda and zodiac3011 have it right, IMO.  More merchants of all kinds, large & small, accepting Bitcoin appears to be the the key.  If people can actually easily pay with BTC, many of them will.

Privacy is a big component of that.  Privacy is one reason why I like BTC.  I suspect there are many millions of others who feel as I do.
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