jak3
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March 28, 2016, 05:53:22 PM |
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the percentage of people who owns bitcoin is totally depends upon what people think about it . how much success bitcoin will get and how soon markets start accepting bitcoin as a alternative payment methods and also how government are going to react about high usage of bitcoin so it is not possible to predict how many people will join bitcoin till 2020
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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tyz
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March 28, 2016, 07:26:44 PM |
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Well, the amount of people which uses Bitcoin will more likely depend on the world economical development. if it is going bad as many economists predict then alternatives like Gold and Bitcoin will rise in usage. the percentage of people who owns bitcoin is totally depends upon what people think about it . how much success bitcoin will get and how soon markets start accepting bitcoin as a alternative payment methods and also how government are going to react about high usage of bitcoin so it is not possible to predict how many people will join bitcoin till 2020
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mrhelpful
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March 28, 2016, 07:50:20 PM |
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I think it`ll be a 50/50 scenario, but more in growing pains which global investors will notice after the reactions of american markets.
Like we see on wall st, people losing money because the market is in a free all only then people seek for other alternatives.
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dloghwak
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March 28, 2016, 08:30:38 PM |
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About 5-10 percent, but most of them won't hodl them in actual wallets with private keys, instead most of them hodlers will use Bitcoin through third party apps. Most of the future users will most likely not even know that they are using Bitcoin and that might not even be a bad thing.
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Hirose UK
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March 29, 2016, 01:18:05 AM |
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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 probably it will be up to 60% people will own bitcoin on earth. you know, many people know bitcoin, but not interested to own it. CMIIW
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bitbaby
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March 29, 2016, 03:08:00 AM |
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I hope and voted for 40-50%, its a long shot I know but I am still hopeful since technology is spreading rapidly but realistically if only 20-30% of the world start using it, that would be great but still lots of obstacles in path.
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alisafidel58
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March 29, 2016, 04:16:18 AM |
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I guess its 10-20% of the whole population of earth will be using bitcoin in 2020 because bitcoin cant be used in common markets where fiat is used only business man and people like us are using bitcoin.
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goinmerry
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Activity: 2940
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March 29, 2016, 04:58:07 AM |
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I guess its 10-20% of the whole population of earth will be using bitcoin in 2020 because bitcoin cant be used in common markets where fiat is used only business man and people like us are using bitcoin.
That is 740 million of the world population. That is a long shot. I dont think we are in 10 million users yet. Still when I ask friends, relatives and friends of friends they dont know what the hell I am talking about. It is like 2 out of 100 only knew it. And those 2 just heard it not using it. I dont know man I think advertisement and media will decide about that.
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shintosai
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March 29, 2016, 05:12:25 AM |
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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 10-20 percent I guess there still many percentage of poor and elite out there that will not embrace changes even virtual world already exist more people will still not go and change natural ways of currency, CC and fiat will still be exist and never be change.
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armansolis593
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March 29, 2016, 05:25:05 AM |
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I guess its 10-20% of the whole population of earth will be using bitcoin in 2020 because bitcoin cant be used in common markets where fiat is used only business man and people like us are using bitcoin.
That is 740 million of the world population. That is a long shot. I dont think we are in 10 million users yet. Still when I ask friends, relatives and friends of friends they dont know what the hell I am talking about. It is like 2 out of 100 only knew it. And those 2 just heard it not using it. I dont know man I think advertisement and media will decide about that. The question is on 2020 so i think by that time a lot of people will know bitcoin as it be featured on news and magazine when the halving comes and the price soar high.
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BeGoods
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Activity: 1372
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March 29, 2016, 05:52:36 AM |
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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 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
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7788bitcoin
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Merit: 1023
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March 29, 2016, 06:50:48 AM |
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This graph shows that only 30% has access to internet... Not sure if this is a good measure for the % of people who may have a chance to come across bitcoin?
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maxj57634
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March 29, 2016, 06:57:39 AM |
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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 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 If big companies turned their salary to bitcoin and enforce all their employee to get bitcoin wallet then we might pass the 1%,hopefully this will happen.
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plost24
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March 29, 2016, 07:21:27 AM |
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for now i think that only 10% of people know about bitcoin and own some of them so i think that in 2020 40% will know about bitcoin but only 30% own them because they will say ow the price is really high i can't invest in bitcoin anymore. bitcoin have a long way to let all people know about btc and collect them.
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For rent 1.4 Bitcoin for 11 months starting Feb 1 2017
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Wendigo
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March 29, 2016, 07:54:24 AM |
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I honestly don't think that statistics will exceed 15% of the global population by 2020. There are a lot of regions where people have problems getting by and covering their basis needs let alone have the time to get into Bitcoin or the means to buy computer hardware. Heck there are even places with no Internet still. The Chinese account for a big portion of that but even there a lot of people live in poverty. I think in Africa for example a small number of people own a cellphone and they don't have electricity 24 hours a day and must go to recharging stations to get their cell phones recharged.
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zodiac3011
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March 29, 2016, 09:25:25 AM |
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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 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
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haileysantos95
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March 29, 2016, 09:33:51 AM |
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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 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.
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Betwrong
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I stand with Ukraine.
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March 29, 2016, 10:00:24 AM |
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the percentage of people who owns bitcoin is totally depends upon what people think about it . how much success bitcoin will get and how soon markets start accepting bitcoin as a alternative payment methods and also how government are going to react about high usage of bitcoin so it is not possible to predict how many people will join bitcoin till 2020
Well you right, but we can guess, we have the right to. ) I think by 2020 about 80% of the world population will hear about Bitcoin, btu how much of them will use it that's a question. I think from 10% to 20% is an accurate guess.
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RealPhotoshoper
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Activity: 1050
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March 29, 2016, 10:24:31 AM |
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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 2020,its mean 4 years again since now,and i'm pretty sure bitcoin will reach at least 10% of users in this world,hard to achieve that f course,but we just need more effort to make it really happen.
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zodiac3011
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March 29, 2016, 01:12:18 PM |
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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 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
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