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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 46478 times)
dmarine
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July 21, 2016, 03:26:47 PM
 #321

Is there any site or institution that does research on that?
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July 21, 2016, 03:37:58 PM
 #322

This 2016 ,a lot of people were interested in bitcoin.
If we have 8% of all people  using bitcoin. And increases 3% every month then by year 2020 ,half of all the people worlwide is using bitcoin on that time.
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July 21, 2016, 05:04:48 PM
 #323

it's impossible to reach those levels : 30-40 , 40-50 , 50-60 , 60-70 , 80-90 , 90-100 .
i think it's just will reach between 2-5 or 5-10 by 2020 .
but after 10 years ,the percentage will be 50-60 . i think that .

I agree that around 5% - 15% of global population will own bitcoin by 2020.  There are lots of country that don't have access to internet so that will be the first problem.  Second is the on going bad press about bitcoin which make merchants to have second thought on adopting bitcoin .  Added the illiteracy of people on using digital gadget.
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July 21, 2016, 06:54:04 PM
 #324

I guess maybe 5% or 7% will have bitcoin 5 years is very long time and bitcoin is getting more popular everyday

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July 21, 2016, 08:30:53 PM
 #325

This 2016 ,a lot of people were interested in bitcoin.
If we have 8% of all people  using bitcoin. And increases 3% every month then by year 2020 ,half of all the people worlwide is using bitcoin on that time.

Its difficult to calculate the exact number of users by that time but one thing is sure that we will see most of the people would be in bitcoin  till then.
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July 21, 2016, 09:14:49 PM
 #326

Something around fourteen percent sounds reasonable.

I doubt we will see more then 1 billion adopters within 10 years. Progress of bitcoin is going steady but slow.
The rate the adoption is going right now makes me even wonder we will see it in 15 years. Reaching 100M would be a great milestone.


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July 21, 2016, 09:22:25 PM
 #327

it's impossible to reach those levels : 30-40 , 40-50 , 50-60 , 60-70 , 80-90 , 90-100 .
i think it's just will reach between 2-5 or 5-10 by 2020 .
but after 10 years ,the percentage will be 50-60 . i think that .
Yaa it is not possible to be above 30%  in 2020 and even after the decade. People living is the developed countries and the ones that have smart device and internet can use Bitcoins. As a matter of fact half the population of the world live in poverty !!!
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July 22, 2016, 01:06:48 PM
 #328

it's impossible to reach those levels : 30-40 , 40-50 , 50-60 , 60-70 , 80-90 , 90-100 .
i think it's just will reach between 2-5 or 5-10 by 2020 .
but after 10 years ,the percentage will be 50-60 . i think that .
Yaa it is not possible to be above 30%  in 2020 and even after the decade. People living is the developed countries and the ones that have smart device and internet can use Bitcoins. As a matter of fact half the population of the world live in poverty !!!
You are right and I think, we the early adopters of bitcoin will have more opportunity to be rich in the fortune. We just need to hold tight now and make sure we will not be easily affected when crisis happens. That is the secret to stay in the game and to achieve fortune.

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July 22, 2016, 04:07:22 PM
 #329

It's a very difficult question, since we do not even now the number of current Bitcoin users. I think anything above 1% (> 70 million people) must be considered a huge success. Personally I did an even more optimistic prediction choosing 2-5%.

The reason for not choosing a higher percentage number is the extremely high percentage of people who are basically excluded from modern civilization. Bitcoin can only grow within modern societies with affordable and well developed internet access. That basically limits widespread adoption to the Western World (for now).

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July 23, 2016, 05:11:19 PM
 #330

There are about 200,000 active users at the moment using the bitcoin. So if the block size increase to 8MB by then, there will be 1.6 million users.

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July 23, 2016, 05:16:04 PM
 #331

Nobody knows how things will be in 2020. Nobody can predict it. World's situation changes almost everyday. Who will become president of Unated States and Russia and what will be with European Union, who will join it or leave it next? Many questions. And all this politic affects on bitcoin somehow and moods of crowd.
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July 23, 2016, 05:18:52 PM
 #332

Nobody knows how things will be in 2020. Nobody can predict it. World's situation changes almost everyday. Who will become president of Unated States and Russia and what will be with European Union, who will join it or leave it next? Many questions. And all this politic affects on bitcoin somehow and moods of crowd.
\
Yeah no one can surely tell what will be the number of users using bitcoin by that time, but we can expect higher number of users till then.
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July 24, 2016, 01:46:32 PM
 #333

Nobody knows how things will be in 2020. Nobody can predict it. World's situation changes almost everyday. Who will become president of Unated States and Russia and what will be with European Union, who will join it or leave it next? Many questions. And all this politic affects on bitcoin somehow and moods of crowd.
\
Yeah no one can surely tell what will be the number of users using bitcoin by that time, but we can expect higher number of users till then.
Of course, all we know is that the user are increasing on a daily basis and that affected the volume of transactions online. It is still early in 2020 so I believe we are not that big as we need to wait for more years for the transition period for those who would love to adopt with bitcoins.
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July 24, 2016, 05:24:57 PM
 #334

for me i think 40 to 50 percent of people will be using bitcoin in in 2020. i think about 30 percent people may be still be able to know how to use computer or internet therefore these people may be able to get benifit from that.
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July 24, 2016, 05:58:10 PM
 #335

Is there any site or institution that does research on that?
why there should be? i dont think it is required at the moment, in my opinion something like 30 per cent of the earth people will be using their bitcoins all the time, at least thats what i hope for right now

 
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July 24, 2016, 08:38:32 PM
 #336

i think that the number of bitcoin user is increasing with such a high speed from which we can predict in 2020 the number of bitcoin user will be more that 80 percent .
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July 27, 2016, 04:14:08 AM
 #337

i think that the number of bitcoin user is increasing with such a high speed from which we can predict in 2020 the number of bitcoin user will be more that 80 percent .
LOL! sorry to disagree with you dude, but I think you are talking the impossible here, I would presume that the percentage you have mentioned is base on the total number of population in the world.

We are lucky if we hit at least 5% but 80% is just a big fantasy as of the moment.

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July 27, 2016, 09:22:22 AM
 #338

i think that the number of bitcoin user is increasing with such a high speed from which we can predict in 2020 the number of bitcoin user will be more that 80 percent .
LOL! sorry to disagree with you dude, but I think you are talking the impossible here, I would presume that the percentage you have mentioned is base on the total number of population in the world.

We are lucky if we hit at least 5% but 80% is just a big fantasy as of the moment.
yeah 80% people use bitcoin in 2020 means then it should be globalised, there is no chance for that to occur, bitcoin has made a lot difference since it has originated but if it grows 5 to 10% within 5 years then it will be a great improvement.
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July 27, 2016, 09:43:54 AM
 #339

i can't answer becauce i don't know how much of people on earth have bitcoin but the number is growing day by day so maybe it will be the double or like that

You can calculate it on the block chain. Or maybe on the people who registered at Bitcointalk. For example there is approximately 700,000+ Users here in Bitcointalk, then calculate it on the date you start it and try to calculate again at year 2020 . For me, maybe there will be Approximately 3 Million Users who are using Bitcoin on that year. That's how you can calculate it. But that's only my prediction.
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July 27, 2016, 11:41:27 AM
 #340

i think that the number of bitcoin user is increasing with such a high speed from which we can predict in 2020 the number of bitcoin user will be more that 80 percent .
LOL! sorry to disagree with you dude, but I think you are talking the impossible here, I would presume that the percentage you have mentioned is base on the total number of population in the world.

We are lucky if we hit at least 5% but 80% is just a big fantasy as of the moment.
yeah 80% people use bitcoin in 2020 means then it should be globalised, there is no chance for that to occur, bitcoin has made a lot difference since it has originated but if it grows 5 to 10% within 5 years then it will be a great improvement.

What? Even, it is impossible since we only have .05% of current population that uses bitcoin, 80% is like 5 billion of all population in the world and we're not even half of that. Do you know that there are only 5million users that use bitcoin all over the world?

It's true that bitcoin is use globally but the scale of the users is not big as what you think.
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