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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 46483 times)
crairezx20
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August 29, 2016, 04:32:42 PM
 #381

~50 Million People.

So, 0,5-0,8% max.
Thats a large amount of user but i think maybe it will happen in the future we dont know what will happen in the future.
If bitcoin will be failed for adoption i think bitcoin will still be count as thousands..
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August 29, 2016, 04:48:05 PM
 #382

Yeah same here i think 10% is enough to estimate because many people are leaving in globe.. so we can not estimate the exact but we can give some speculation. if bitcoin have a good adoption in the future 10% can be still increase more in the future..



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August 29, 2016, 05:00:06 PM
 #383

~50 Million People.

So, 0,5-0,8% max.
thats a really small number, i think that at least 5 per cent will be into bitcoins then, that would be a decent amount of people then i think

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August 29, 2016, 05:11:06 PM
 #384

I think we will barely touch ~ 1% of humanity by 2020.
My sense is that we will still be in the 50mn to 100mn range over the next few years.

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August 29, 2016, 05:17:44 PM
 #385

Well i hope that at least 10%. It is very hard to imagine that even more people could sue bitcoin by that time, because most of people are afraid of bitcoin now

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August 29, 2016, 05:19:18 PM
 #386

Yeah same here i think 10% is enough to estimate because many people are leaving in globe.. so we can not estimate the exact but we can give some speculation. if bitcoin have a good adoption in the future 10% can be still increase more in the future..

The adoption of bicoin is now increasing much faster , just think abot the adoption occurred in this year, before this year no one expected that such a high adoption will take place , so in the coming year we can expect more and in the next four years we can say that there will be a very high amount of people in bitcoin.
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August 29, 2016, 05:37:42 PM
 #387

Yeah same here i think 10% is enough to estimate because many people are leaving in globe.. so we can not estimate the exact but we can give some speculation. if bitcoin have a good adoption in the future 10% can be still increase more in the future..

The adoption of bicoin is now increasing much faster , just think abot the adoption occurred in this year, before this year no one expected that such a high adoption will take place , so in the coming year we can expect more and in the next four years we can say that there will be a very high amount of people in bitcoin.
Well that depends because adoptionof people is whenthey prove it that bitcoin price go rise that nakes bitcoin completely adopt in the market especially before that end of halving makes a big jumpstart of price up markings ,and we know that every bitcoin halving more and more bitcoin users will start to grow fast. So its good as 20%as addition after halving that year.


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August 29, 2016, 05:49:09 PM
 #388

Yeah same here i think 10% is enough to estimate because many people are leaving in globe.. so we can not estimate the exact but we can give some speculation. if bitcoin have a good adoption in the future 10% can be still increase more in the future..

The adoption of bicoin is now increasing much faster , just think abot the adoption occurred in this year, before this year no one expected that such a high adoption will take place , so in the coming year we can expect more and in the next four years we can say that there will be a very high amount of people in bitcoin.

Yeah, I think the adoption of bitcoin is much faster now, and is increasing more so in 2020 we can say that there will be a lot of people in bitcoin, I can say that in 2020 almost all of the online earners and those who will have online business will be on bitcoin.
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August 29, 2016, 06:22:36 PM
 #389

to me i think it is difficult to predict the percentage of users of bitcoin in 2020, but if we look at the rate of people investing in bitcoin is really so good. most and most people are investing their money in bitcoin and the users of bitcoin are increasing day by day, therefore i can say that in 2020 the users of bitcoin will more that 5 %. i think it will be a good percentage at that time. the popularity of bitcoin is increasing day by day and the people are now gaining their trust on bitcoin again, as the price of bitcoin is so stable.
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August 29, 2016, 07:20:26 PM
 #390

~50 Million People.

So, 0,5-0,8% max.
that would be really good in my opinion as thats a lot of people as for bitcoin

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August 30, 2016, 03:19:05 AM
 #391

~50 Million People.

So, 0,5-0,8% max.
that would be really good in my opinion as thats a lot of people as for bitcoin
So the percentage should only be less than 1% and not 10% or more, indeed the number is great and we can make a big impact in the world already, as long as it is a growing number that would be nice to witness and we are about to make history in the future as this is the best coins that would benefit its users.

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September 04, 2016, 04:57:34 PM
 #392

i think about 30% and i am optimistically
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September 04, 2016, 05:51:58 PM
 #393

I know i have voted before but the bitcoin users are increasing even kids now a days are talking about it, thanks to steam it open up a new opportunity and bring up awareness to youth about bitcoin. well mostly gamers.
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September 12, 2016, 06:12:07 PM
 #394

I know i have voted before but the bitcoin users are increasing even kids now a days are talking about it, thanks to steam it open up a new opportunity and bring up awareness to youth about bitcoin. well mostly gamers.

I think so. It will take some time for the people to accept the bitcoin and use it on a daily basis. More people will own bitcoin.

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September 12, 2016, 11:51:17 PM
 #395

The graps for vote is a bit unrealistic
Even if onlu 1-2% ppl own bitcoin, price would be 20 000$ for one Smiley

I to believe there might be ~1% by 2020 and price can be 5000+ easy, even more, for that I am not sure, but 5000$ and ~1% is easy doable

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richardsNY
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September 13, 2016, 12:21:45 AM
 #396

I know i have voted before but the bitcoin users are increasing even kids now a days are talking about it, thanks to steam it open up a new opportunity and bring up awareness to youth about bitcoin. well mostly gamers.

I think so. It will take some time for the people to accept the bitcoin and use it on a daily basis. More people will own bitcoin.

In order to use Bitcoin on a daily basis, people must be able to buy their daily needs with Bitcoin in their local stores. As long as that doesn't happen, then the need for people to adopt Bitcoin as currency will be very low. Then people will keep seeing Bitcoin solely as an investment tool.
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September 13, 2016, 01:20:33 AM
 #397

Now at the moment only few people know about this coin. Let's assume 1% of total population people. And it's increasing very slowly, only increases .5% more in 2020 hardly.

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September 13, 2016, 01:25:27 AM
 #398

I know i have voted before but the bitcoin users are increasing even kids now a days are talking about it, thanks to steam it open up a new opportunity and bring up awareness to youth about bitcoin. well mostly gamers.

Well for sure steam is going to make a lot of bitcoin users and they are already promoting bitcoins with their platform. And if these gamers are going to see that using bitcoin is much more convenient to use rather than other payment method for sure it is going to help the population of users to add in using bitcoin. I believe that maybe 2%-5% of people in the world are going to know bitcoin by 2020.

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September 13, 2016, 01:32:49 AM
 #399

Now at the moment only few people know about this coin. Let's assume 1% of total population people. And it's increasing very slowly, only increases .5% more in 2020 hardly.

Not to mention that not all that start using bitcoin are going to continue and not to mention also that some of those who start using bitcoin are investing in it...So by 2020 I think we will not see much difference in user...Except if it is already easy to use bitcoin locally without using exchanges...  Smiley
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September 13, 2016, 01:49:43 AM
 #400

Anybody want to do the math with me?

There are 10.5 million bitcoin addresses in existence and 5.7 million with balances equal to $1 or greater, according to this site: https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html.

Let's be generous and assume that of the 5.7m addresses that a different person owns each address. We know that's not true so this will be a very generous estimate.

5.7 million people with a bitcoin address (therefore using bitcoin) out of 7.4 billion people in the world. That results in ~0.0007% of the worlds population using bitcoin!

So the scale of this poll isn't very realistic, but it's still fun to talk about.

Let's lower our population to just those that have access to the internet, because without the internet you can't really get your hands on any coin. (You even need the internet to buy one of Mike Caldwell's Casascius coins!)

There are 3.2 billion people with access to the internet.  http://www.lmgtfy.com/?q=How+many+people+have+access+to+the+internet%3F

5.7m people with a bitcoin address out of 3.2b people ups our digital currency savvy share of the population to ~0.0017%!

Crazy small percentages. But that's ok. It means there's a lot of upside! We all just need to keep spreading the word.
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