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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 46477 times)
roadbits
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May 07, 2017, 05:40:25 PM
 #701

I vote 10-20, this is because there are still many negative news about bitcoin, even in my country banned bitcoin transactions are used for so many users disappointed.
10-20 is bit high, and I think less than 10% people will own Bitcoin by 2020. We just have two and half years left to reach 2020 so this is not a big period. We need minimum 10 years time to increase Bitcoin own people in this world. But it is fast growing currency very quickly people will addict this currency. But if any countries ban this currency means again the percentage will be reduced.
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May 07, 2017, 09:15:39 PM
 #702

I cant see it exceeding 25% i mean a great deal dont have access to computers or resources to access bitcoin.
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May 07, 2017, 09:21:48 PM
 #703

I vote 10-20, this is because there are still many negative news about bitcoin, even in my country banned bitcoin transactions are used for so many users disappointed.
these are not the negative news about bitcoin but these are the created by some people who want to reduce the price of bitcoin and they run only for smaller period and then everyone understand that it was not right so in the year of 2020 I am sure that more than 50% people will definitely adopt it as it is a more attractive currency of the world and is a more beneficial currency.
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May 07, 2017, 11:17:05 PM
 #704

I think that year 2020 the people or the percentage is 5% only and tgats big because they have 7billion population and 5% convert is 350,000,000 or 35 million and thats very big population and thats good for the online world and also to us. Because if that people have interst to invest bitcoin the price will increase and I think the price will grow up $5000 and $10,000 each bitcoin. I dont know what is the exact population of bitcoin user but I think its millions .
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May 08, 2017, 12:08:01 AM
 #705

I will base it from the users here in our place i think it would be 10-30, the progress of people knowing bitcoin here is a bit slow and they were more busy in their work and family than watch a news in internet about btc. well 3 years is far so we still cant predict whats gonna happen in btc adoption internationally.

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May 08, 2017, 02:38:26 AM
 #706

I will base it from the users here in our place i think it would be 10-30, the progress of people knowing bitcoin here is a bit slow and they were more busy in their work and family than watch a news in internet about btc. well 3 years is far so we still cant predict whats gonna happen in btc adoption internationally.
I think after 3 years, people will more become open minded and most of the people in our world will use internet to make things easier than before. Bitcoin is one of the possible internet technology that can be adopted by the year of 2020 and i think the ratio of the people who will use bitcoin will be big because it is starting right now and we can expect a ratio more than 20% of our population.
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May 08, 2017, 07:36:35 AM
 #707

I will base it from the users here in our place i think it would be 10-30, the progress of people knowing bitcoin here is a bit slow and they were more busy in their work and family than watch a news in internet about btc. well 3 years is far so we still cant predict whats gonna happen in btc adoption internationally.
I think after 3 years, people will more become open minded and most of the people in our world will use internet to make things easier than before. Bitcoin is one of the possible internet technology that can be adopted by the year of 2020 and i think the ratio of the people who will use bitcoin will be big because it is starting right now and we can expect a ratio more than 20% of our population.
20% is a big projection, if that will be reach, I cannot imagine how much the value of 1 Bitcoin.
The price that I see inspires me to save more, control my spending so I can still buy more for the future.

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May 08, 2017, 08:56:31 PM
 #708

I will base it from the users here in our place i think it would be 10-30, the progress of people knowing bitcoin here is a bit slow and they were more busy in their work and family than watch a news in internet about btc. well 3 years is far so we still cant predict whats gonna happen in btc adoption internationally.
I think after 3 years, people will more become open minded and most of the people in our world will use internet to make things easier than before. Bitcoin is one of the possible internet technology that can be adopted by the year of 2020 and i think the ratio of the people who will use bitcoin will be big because it is starting right now and we can expect a ratio more than 20% of our population.
20% is a big projection, if that will be reach, I cannot imagine how much the value of 1 Bitcoin.
The price that I see inspires me to save more, control my spending so I can still buy more for the future.
The price will depend on what is the amount of the population using bitcoin at the moment while it is not a perfect way to try to guess the value of bitcoin I think it is best we have, for example supposing the amount of population using bitcoin at the moment is 1% then if the user base grew 20 times that then I would guess the value of bitcoin will grow something between 15 to 25 times its current value.

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May 08, 2017, 09:32:36 PM
 #709

I will base it from the users here in our place i think it would be 10-30, the progress of people knowing bitcoin here is a bit slow and they were more busy in their work and family than watch a news in internet about btc. well 3 years is far so we still cant predict whats gonna happen in btc adoption internationally.
The situation of work is the same in my country but still as they are interested to invest their money in any asset which will make them millionaire so they are investing in bitcoin when they hear about it and they study well about it and according to that I am sure that in my places the percentage will be very high.
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May 09, 2017, 12:02:54 AM
 #710

2020 is 3 years longer, I think users would be so drastic because many media are massive that spread the bitcoin. Even a few days ago there was a tv show that discusses the bitcoin so made peoples curious with bitcoin.
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May 09, 2017, 02:14:38 AM
 #711

Im going to have to go with a conservative estimate of 5% of the worlds population will own bitcoin by 2020. 5% of the entire world population is enough people to create a country that has more people than the USA. There will definitely be more widespread usage of bitcoin as a payment method, and more governments will have to approve of bitcoin.
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May 09, 2017, 03:03:25 AM
 #712

Im going to have to go with a conservative estimate of 5% of the worlds population will own bitcoin by 2020. 5% of the entire world population is enough people to create a country that has more people than the USA. There will definitely be more widespread usage of bitcoin as a payment method, and more governments will have to approve of bitcoin.
I think 5% for the estimated of the user of bitcoin for 2020 is very low because i think it is more than 10% now and it will keep growing because bitcoin is unstoppable and its price is keep on rising. The 3 years left will be enough for bitcoin to climb at least 20% of our population because we can see a lot of information that are keep spreading thru the internet and that will be a big help for bitcoin.
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May 09, 2017, 03:13:42 AM
 #713

Im going to have to go with a conservative estimate of 5% of the worlds population will own bitcoin by 2020. 5% of the entire world population is enough people to create a country that has more people than the USA. There will definitely be more widespread usage of bitcoin as a payment method, and more governments will have to approve of bitcoin.

I think between 2%-5%. The percentage of currently Bitcoin users in the world is lower than 1% I think. In 3 years it won't be very different, it's a short time period for big changes... I'm being optimistic to think it can reach to 2%-5%, it only will happen if the Blockchain be improved, transactions delays issue be fixed and a nice marketing be done to bring more users.

 
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May 09, 2017, 11:07:28 AM
 #714

Im going to have to go with a conservative estimate of 5% of the worlds population will own bitcoin by 2020. 5% of the entire world population is enough people to create a country that has more people than the USA. There will definitely be more widespread usage of bitcoin as a payment method, and more governments will have to approve of bitcoin.
I think 5% for the estimated of the user of bitcoin for 2020 is very low because i think it is more than 10% now and it will keep growing because bitcoin is unstoppable and its price is keep on rising. The 3 years left will be enough for bitcoin to climb at least 20% of our population because we can see a lot of information that are keep spreading thru the internet and that will be a big help for bitcoin.

I think a conservative estimate would be like 5-10%. Bitcoin will be in the forefront in the next 3 years. Traders, investors or even the general public will keep growing their interest in bitcoin. Remember, Japan already started the revolution, so no wonder it has reached new heights now and will even soar more in the future. And also we also need to take in consideration the next halving in 2020. People will demand more of bitcoin but supply will be less. So more likely investors will try to get or put money in bitcoin ecosystem. So for me, a conservative estimate like 5%-10% but can probably rise in the next couple years of so.

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May 09, 2017, 11:19:47 AM
 #715

Im going to have to go with a conservative estimate of 5% of the worlds population will own bitcoin by 2020. 5% of the entire world population is enough people to create a country that has more people than the USA. There will definitely be more widespread usage of bitcoin as a payment method, and more governments will have to approve of bitcoin.
I think 5% for the estimated of the user of bitcoin for 2020 is very low because i think it is more than 10% now and it will keep growing because bitcoin is unstoppable and its price is keep on rising. The 3 years left will be enough for bitcoin to climb at least 20% of our population because we can see a lot of information that are keep spreading thru the internet and that will be a big help for bitcoin.

I think a conservative estimate would be like 5-10%. Bitcoin will be in the forefront in the next 3 years. Traders, investors or even the general public will keep growing their interest in bitcoin. Remember, Japan already started the revolution, so no wonder it has reached new heights now and will even soar more in the future. And also we also need to take in consideration the next halving in 2020. People will demand more of bitcoin but supply will be less. So more likely investors will try to get or put money in bitcoin ecosystem. So for me, a conservative estimate like 5%-10% but can probably rise in the next couple years of so.

Yes, a 5-10% more realistic estimate. Bitcoin is a very unstable currency and during the price reduction there will be a loss of some users.
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May 09, 2017, 11:30:55 AM
 #716

I think 2020 that yeay the population of bitcoin user is 2% in the whole world because they billion of people they have million of bitcoin user and after 3 years they will become hundred million user. And the price will increase more because many people interest to join and invest in bitcoin. And for sure bitcoin will become more popular and brighter and many news will release on that year.

 
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May 09, 2017, 11:35:33 AM
 #717

I would say over 15 % of the people would
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May 09, 2017, 12:07:05 PM
 #718

I would say over 15 % of the people would

A maximum of 15%. Bitcoin is not a very stable currency and panic can screen out many users from using this currency. In addition, with the increase in operations, delays are possible.
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May 09, 2017, 01:07:24 PM
 #719

I would say over 15 % of the people would

A maximum of 15%. Bitcoin is not a very stable currency and panic can screen out many users from using this currency. In addition, with the increase in operations, delays are possible.
This percent of your prediction maybe will in this 2018 only if you can see bitcoin price from other country are increasing that much too, Which is they had so much operations happening inside there country we wouldn't know what is it but maybe half of the wold will implemented bitcoin as there secondary currency.
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May 09, 2017, 01:12:05 PM
 #720

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

It's impossible to tell it now though it's guessing since it's very unpredictable as we don't have basis on what answer we'll choose. Looking forward, what I can only say is that percentage of peole who uses bitcoin will increase in year of 2020 and the for following the follwng years as ouur currency are being developed and improved.
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