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Question: What percentage of people on Earth will own Bitcoin by 2020
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July 27, 2016, 01:00:57 PM
 #341

i think something like 30 per cent of all earth people will be owning bitcoins by then it would be really cool as the price would be booming straight up then

 
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July 27, 2016, 01:06:11 PM
 #342

i think something like 30 per cent of all earth people will be owning bitcoins by then it would be really cool as the price would be booming straight up then


I have a doubt about that...30% might be too big... I think it won't cross 10%... There are  still few bitcoin collectors in my opinion...Those people who has their job I think had no time trying to earn bitcoin specially those not so techy people... I think also that most of us here are those who are always in front of the computer...
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July 27, 2016, 05:53:32 PM
 #343

Whatever the percentage of people owning bitcoin is today, add maybe 1%, and that is my intuitive guess as to what the percentage will be less than 4 years from now.
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July 28, 2016, 10:17:32 AM
 #344

Whatever the percentage of people owning bitcoin is today, add maybe 1%, and that is my intuitive guess as to what the percentage will be less than 4 years from now.

4 years from now, there will be no more than 2 million people use the bitcoin actively if there is no promotion.

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July 28, 2016, 10:38:54 AM
 #345

At best, maybe 3-5% of people will own some amount of bitcoin.
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July 28, 2016, 11:44:44 AM
 #346

At best, maybe 3-5% of people will own some amount of bitcoin.
That is a very decent estimate, we are already big with that number of percentage and I believe that implies millions already of the total population of the world. We are lucky we have reach that percentage and more luckier because we are on board now having a ride for a good future.

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July 31, 2016, 04:40:57 PM
 #347

as 2020 is not so far and and only 3 to 4 year to go for 2020, therefore i think in 2020 only 10% of the world population will be using bitcoin, actually in present time most of the people have no knowledge about computer and internet, still most of the people have no access to internet, they have not facilities of internet available. but hope that the next generation will have all these facilities and then they will be able to use bitcoin so easily.
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July 31, 2016, 08:13:20 PM
 #348

In three years I don't think we can see a dramatic change increase in the number or proportion of people holding bitcoins in the world, because I think this is a very short period of time to see the dollar, euro or any other currency dramatically losing its value. Perhaps in ten years this conditions might be different and we could see an increased adoption of alternate coins, but not these days.
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August 01, 2016, 01:47:24 AM
 #349

In three years I don't think we can see a dramatic change increase in the number or proportion of people holding bitcoins in the world, because I think this is a very short period of time to see the dollar, euro or any other currency dramatically losing its value. Perhaps in ten years this conditions might be different and we could see an increased adoption of alternate coins, but not these days.
Hopefully we can see that in the future, it is good to see that the crypto world is getting popular in the world and this would help the majority of users to have a better experience transacting online, with this it could promote increase of income for individual as they will do away with other costly payment processor.

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August 01, 2016, 01:55:20 AM
 #350

In three years I don't think we can see a dramatic change increase in the number or proportion of people holding bitcoins in the world, because I think this is a very short period of time to see the dollar, euro or any other currency dramatically losing its value. Perhaps in ten years this conditions might be different and we could see an increased adoption of alternate coins, but not these days.
There is some potential for a lot to happen over the course of three years, however I'll try and not sound too optimistic for now. The next three years are going to be very, very interesting because a lot of things are going to happen that are going to determine the future of the economy, politics and humanity in general. Things could happen that would rapidly propel Bitcoin upwards and make it more common or valuable.
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August 01, 2016, 04:43:23 AM
 #351

I really salute to the people who casted their vote above 80%, I liked their confidence. Anyway, I have voted for 2% to 4% people will own bitcoins in 2020, especially if we are talking about total percentage of earth’s population (which is increasing drastically) we should really consider few things like economic conditions, government’s approach towards crypto currencies and digital economic scenario. If things went positive then we might see large number of people would be using bitcoins and other crypto currencies but still if we are talking about next 5 years, it won’t be more than 6% of the total global population.
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August 01, 2016, 06:47:05 AM
 #352

I really salute to the people who casted their vote above 80%, I liked their confidence. Anyway, I have voted for 2% to 4% people will own bitcoins in 2020, especially if we are talking about total percentage of earth’s population (which is increasing drastically) we should really consider few things like economic conditions, government’s approach towards crypto currencies and digital economic scenario. If things went positive then we might see large number of people would be using bitcoins and other crypto currencies but still if we are talking about next 5 years, it won’t be more than 6% of the total global population.
That's true, too much confidence will somehow bring a good atmosphere in the community as we are optimistic with the future of bitcoins, however, as investor who put a decent amount of money we should side on the most realistic approach of speculation as our future investment is at stake.

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August 01, 2016, 06:58:24 AM
 #353

   2 - 5 % if bitcoin have some luck in next 3 years. 7.125 billion (2013) people live in this world, 1 % from that number is 71.125 million people.
Searching on internet about bitcoin users, I found one nice article, this is one interesting part:

   "More than 25 million addresses have been referenced in those 31 million transactions. The total number of addresses, of course, gives an upper limit for the number of possible bitcoin users. Naturally, not every address ever referenced is still in use. In fact, it turns out that less than 10 percent actually have any bitcoins in – fewer than 2.5 million.
So that means an absolute maximum of around 2.5 million people own bitcoins right now. "

Looks like even 1 % will be hard to achieve. Bitcoin need better promotion as I see, many people still don't know nothing about bitcoins, and other internet currencies.
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August 06, 2016, 07:46:49 AM
 #354

   2 - 5 % if bitcoin have some luck in next 3 years. 7.125 billion (2013) people live in this world, 1 % from that number is 71.125 million people.
Searching on internet about bitcoin users, I found one nice article, this is one interesting part:

   "More than 25 million addresses have been referenced in those 31 million transactions. The total number of addresses, of course, gives an upper limit for the number of possible bitcoin users. Naturally, not every address ever referenced is still in use. In fact, it turns out that less than 10 percent actually have any bitcoins in – fewer than 2.5 million.
So that means an absolute maximum of around 2.5 million people own bitcoins right now. "

Looks like even 1 % will be hard to achieve. Bitcoin need better promotion as I see, many people still don't know nothing about bitcoins, and other internet currencies.

There are about 500,000 people in the world own bitcoin. if that double every two years, there will be 2 million in 2020.

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August 06, 2016, 01:17:16 PM
 #355

   2 - 5 % if bitcoin have some luck in next 3 years. 7.125 billion (2013) people live in this world, 1 % from that number is 71.125 million people.
Searching on internet about bitcoin users, I found one nice article, this is one interesting part:

   "More than 25 million addresses have been referenced in those 31 million transactions. The total number of addresses, of course, gives an upper limit for the number of possible bitcoin users. Naturally, not every address ever referenced is still in use. In fact, it turns out that less than 10 percent actually have any bitcoins in – fewer than 2.5 million.
So that means an absolute maximum of around 2.5 million people own bitcoins right now. "

Looks like even 1 % will be hard to achieve. Bitcoin need better promotion as I see, many people still don't know nothing about bitcoins, and other internet currencies.

There are about 500,000 people in the world own bitcoin. if that double every two years, there will be 2 million in 2020.
if that goes to 2 million then it mean about 4-5%... and its true... slowly people are attracted to the BTC so.. its possible that may be 5% can own BTC
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August 11, 2016, 08:09:30 AM
 #356

   2 - 5 % if bitcoin have some luck in next 3 years. 7.125 billion (2013) people live in this world, 1 % from that number is 71.125 million people.
Searching on internet about bitcoin users, I found one nice article, this is one interesting part:

   "More than 25 million addresses have been referenced in those 31 million transactions. The total number of addresses, of course, gives an upper limit for the number of possible bitcoin users. Naturally, not every address ever referenced is still in use. In fact, it turns out that less than 10 percent actually have any bitcoins in – fewer than 2.5 million.
So that means an absolute maximum of around 2.5 million people own bitcoins right now. "

Looks like even 1 % will be hard to achieve. Bitcoin need better promotion as I see, many people still don't know nothing about bitcoins, and other internet currencies.

There are about 500,000 people in the world own bitcoin. if that double every two years, there will be 2 million in 2020.
if that goes to 2 million then it mean about 4-5%... and its true... slowly people are attracted to the BTC so.. its possible that may be 5% can own BTC

If 2 million people use the bitcoin actively, the price will be 16 times of the current value, or about $10,000 each.

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August 11, 2016, 10:50:39 AM
 #357

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


Less than 10% for sure. Sad

Bitcoin isn`t growing very fast in popularity,which is sad.

All the major world currencies should colapse in order to make bitcoin the only alternative.

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August 11, 2016, 10:59:23 AM
 #358

I have selected 30-40 persons and after that i see that most of the users have the opinion that it will be less than 10%.
But i dont think see,i think it will surely be atleast 20% person on earth will own bitcoin because its getting more and more popular by time.
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August 11, 2016, 11:29:41 AM
 #359

It depends how the condition of the economy or the need to be desired by everyone. If all of the given system bitcoin needed or desired, then at least the presentation in 2020 are 40% and the maximum is 90%. So it depends how the conditions in time to come.
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August 13, 2016, 05:11:56 AM
 #360

It depends how the condition of the economy or the need to be desired by everyone. If all of the given system bitcoin needed or desired, then at least the presentation in 2020 are 40% and the maximum is 90%. So it depends how the conditions in time to come.
That is so unrealistic in my opinion, we are not that strong to invade the world yet and since we are just an alternative currency for fiat we will never rich that big unless there is a change of government in the future that would order people to use bitcoins instead of fiat.

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