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Question: What percentage of people on Earth will own Bitcoin by 2020
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Hellacopter
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July 04, 2016, 01:27:05 AM
 #281

we can't predict the percentage of people owning bitcoin by 2020, as of now I think .01% of people on earth know about bitcoin, or higher , but the assurance of spreading the bitcoin idea to world has been injected,

I don't think so simply because the Bitcoin's price is increasing highly recently and we noticed more and more people interested about it and even started investing with this crypto currency
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July 04, 2016, 01:42:00 AM
 #282

It might be increase or become less, because we don't know what happen on the next year, next two years and at 2020. If something big happened, i'm sure it will affect the people who own bitcoin.
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July 04, 2016, 01:55:56 AM
 #283

I don't think there will be a lot of change in terms of the number of people who own bitcoin, unless there's a conscious effort to spread the word. There will be a minor change, not sure if it is an increase or decrease, which would depend on what are the things that would happen to bitcoin to either attract more people or shy them away.
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July 04, 2016, 05:31:30 AM
 #284

I don't think there will be a lot of change in terms of the number of people who own bitcoin, unless there's a conscious effort to spread the word. There will be a minor change, not sure if it is an increase or decrease, which would depend on what are the things that would happen to bitcoin to either attract more people or shy them away.
There will be change and that is certain, we are increasing in terms of users in a daily basis but comes 2020 the speculation that majority of the people will use bitcoins is too unrealistic, we just need to increase slowly but in a consistent manner.

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July 04, 2016, 11:07:18 PM
 #285

I think many people are living whole over the world and i think we are just 5% of the people who using bitcoin..
We are still low amount of users of bitcoin and i think it will increase in the future if they invented a good machine for bitcoin locally..

We will see increase in the users of bitcoin in the future but we cannot expect or predict that everyone will start using it by that time, as its impossible to happen.
Yeah definitely occur in the future adoption of bitcoin. this time the user maybe grow slowly or be invisible to us but certainly I always find new friends in this forum and members of the local exchange is also growing. This proves that bitcoin users continues to grow
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July 05, 2016, 03:44:01 AM
 #286

I think many people are living whole over the world and i think we are just 5% of the people who using bitcoin..
We are still low amount of users of bitcoin and i think it will increase in the future if they invented a good machine for bitcoin locally..

We will see increase in the users of bitcoin in the future but we cannot expect or predict that everyone will start using it by that time, as its impossible to happen.
Yeah definitely occur in the future adoption of bitcoin. this time the user maybe grow slowly or be invisible to us but certainly I always find new friends in this forum and members of the local exchange is also growing. This proves that bitcoin users continues to grow

Slow but continuous growth implies that bitcoins is a strong economy, it cannot be easily manipulated and the price is the living evidence now. We should not take about the percentage of the people to use it because as of the moment we cannot determine it yet but one thing is sure, we will be big in the near future.
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July 05, 2016, 07:57:14 AM
 #287

IMO 40-50 is one of the closest percentage that can happen on 2020 because this coming halving can make a big news by making the bitcoin price higher. If that happens it will catch more people's attention and start getting into bitcoin and year after year it will increase more volume of users and after 2020 will be another big year for bitcoin users because of the next halving which is one of the best year for bitcoin to get a great adoption around the world.
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July 06, 2016, 01:18:52 PM
 #288

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



i think less than 1% 4 years is too short for atleast 5-10% of worlds population to have or know about bitcoin
specially when bitcoin doesnt have that much publicity(advertisement on tv etc..).

I dont think only 1%.... Cause now the user percentage is more than 10 and cant we expect any new user daily. Even if one new user login to any website where bitcoin is accepted or simply written about bitcoin then the percentage will go higher and the price of BTC too for sure and if price is high then it will be major concern in the society peoples Cheesy


sorry for late reply, but the total users of bitcoin as of jan-1-2016 is 100m (http://www.coindesk.com/2016-bitcoin-challenge-100-million-users/) i may be wrong about less than 1% but 10% is still too high,4 years is too short for people to start accepting bitcoin specially if they don't even know that it exist.

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July 06, 2016, 02:09:47 PM
 #289

I think we are just 30% percent but i hope in the future bitcoin will be popular in our country that we can advertise it in television.
Maybe in the near future will be in 40% if some banks accept bitcoins..
I dont think 30% is really a good number i think most of the people dont want to use the bitcoin because they can only got scammed so i think itwill be at least
20 % of the world population who owns bitcoins for sure.
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July 07, 2016, 03:28:07 AM
 #290

I think we are just 30% percent but i hope in the future bitcoin will be popular in our country that we can advertise it in television.
Maybe in the near future will be in 40% if some banks accept bitcoins..
I dont think 30% is really a good number i think most of the people dont want to use the bitcoin because they can only got scammed so i think itwill be at least
20 % of the world population who owns bitcoins for sure.
That is possible but with low possibility as that is too optimistic which becomes unrealistic already considering that is is just 4 years from not, we are still in the early phase and we have a lot to improve to get the percentage.
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July 07, 2016, 04:38:45 AM
 #291

we can't predict the percentage of the people owning bitcoin in 2020, but the prediction of people write the history of this thing, of bitcoin, they are not going to write the story of 6 million to a billion. What is truly remarkable is the story of zero to 6 million. It has already happened! And we’re not paying attention! That’s incredible. That’s what had one chance in a million, and it already happened.”
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July 07, 2016, 05:04:09 AM
 #292

I think we are just 30% percent but i hope in the future bitcoin will be popular in our country that we can advertise it in television.
Maybe in the near future will be in 40% if some banks accept bitcoins..
I dont think 30% is really a good number i think most of the people dont want to use the bitcoin because they can only got scammed so i think itwill be at least
20 % of the world population who owns bitcoins for sure.

Yeah, at least 30% in my opinion. Remember that we took off from no users at all from the start to where we are here. If we can come this far then surely getting more users wouldn't be a problem.

When fiat dies, this is when people starts to seek an alternative.

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July 07, 2016, 06:30:45 AM
 #293

2020 is not that far. I think the human race does not change much at the time. I think people are a little more Bitcoins expense of popularization, but only in the developed countries. In third world countries are unlikely to be any progress.
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July 07, 2016, 06:45:17 AM
 #294

May be in 2020 there is about 30 per cent of the population around the world will use the Bitcoin and own it, and this percentage will increase with time without any doubt.
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July 07, 2016, 07:00:27 AM
 #295

I think we are just 30% percent but i hope in the future bitcoin will be popular in our country that we can advertise it in television.
Maybe in the near future will be in 40% if some banks accept bitcoins..
I dont think 30% is really a good number i think most of the people dont want to use the bitcoin because they can only got scammed so i think itwill be at least
20 % of the world population who owns bitcoins for sure.

Yeah, at least 30% in my opinion. Remember that we took off from no users at all from the start to where we are here. If we can come this far then surely getting more users wouldn't be a problem.

When fiat dies, this is when people starts to seek an alternative.
How would fiat dies when it is controlled by the government, we should be making some kind of speculation base on the facts because bitcoin needs to have the support of the government and big businesses to prosper.
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July 07, 2016, 01:48:09 PM
 #296

2020 is just very close from now so I think there would be no major change in terms of the number of users, I don't know because I cannot really tell but since we are increasing overtime we will surely have a good number but should not be unrealistic like reaching 30% or more.

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July 07, 2016, 03:54:35 PM
 #297

i think at least 80 per cent of people will be using bitcoins by 2020 because it will surely be much more popular then
WTF even today I do not think that bitcoin users more than 20 million people? Lol world population of about 3 billion people while users bitcoin only 10 millions of people?

20 Million is nothing for bitcoin . 2020 is far far away. 5 years are too much for a digital thing. I strongly believe bitcoin will cross 20 million users in 2020. it is already got 1 million users. if bitcoin stable at the right place bases of price. then it will grow extremely fast.
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July 08, 2016, 04:24:31 AM
 #298

i think at least 80 per cent of people will be using bitcoins by 2020 because it will surely be much more popular then
WTF even today I do not think that bitcoin users more than 20 million people? Lol world population of about 3 billion people while users bitcoin only 10 millions of people?

20 Million is nothing for bitcoin . 2020 is far far away. 5 years are too much for a digital thing. I strongly believe bitcoin will cross 20 million users in 2020. it is already got 1 million users. if bitcoin stable at the right place bases of price. then it will grow extremely fast.
That's too ambitious but I like it, however with a short period of time I am skeptical that we can achieve that huge numbers. I prefer a slow but stable growth.

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July 08, 2016, 05:33:55 AM
 #299

It's very hard to predict, but it's probably less than 10%.     

But adaption is tricky because things can go viral and suddenly spread really fast. So it might amaze us.
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July 08, 2016, 10:33:28 AM
 #300

2020 is just very close from now so I think there would be no major change in terms of the number of users, I don't know because I cannot really tell but since we are increasing overtime we will surely have a good number but should not be unrealistic like reaching 30% or more.
It's possible for bitcoin to gain 30% or more in 2020 because it's still far and we are just in 2016 and there still 4 years for bitcoin to gain more popularity and you should for your calculation that bitcoin is a digital thing and it can only found on internet so it will be easy for us to spread bitcoin to different social media site like facebook which have a lot users and i think majority of the users of facebook will use bitcoin if they just understand the benefits of using it Cheesy. 4 years is still a lot of time Wink.
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