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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)
v1ryspro
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May 09, 2017, 01:13:26 PM
 #721

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.

If bitcoin will grow in such a fast-paced manner, then it is quite possible. It all depends on the activity of users because they are held by this currency.
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May 09, 2017, 04:10:41 PM
 #722

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.
to me i think even now internet is present in all over the world. even in Afghanistan which is in state of war and in African Tribal areas internet is present there i think it is just need to introduce bitcoin in such backward area, hope that when bitcoin will become popular then even there people will start using bitcoin. they just need proper education about bitcoin.
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May 13, 2017, 06:29:35 PM
 #723

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 don’ see where you could get the number than 10% of the human population is using bitcoin, in fact we don’t even know the amount of people on the planet, the number is difficult to measure since some regions of the world like Africa don’t have detailed records.

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May 13, 2017, 10:02:50 PM
 #724

We can't estimate the volume of people who use bitcoins in the earth in 2020. Even they have an statistic they can't know how long is the range of people knowing Bitcoin as currencies.
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May 13, 2017, 11:57:42 PM
 #725

We can't estimate the volume of people who use bitcoins in the earth in 2020. Even they have an statistic they can't know how long is the range of people knowing Bitcoin as currencies.
I think that we can really estimate it because we can know how many transactions per day but we can never really tell the exact but at least we can predict/estimate, I think that by that year 20% of the population will know bitcoin and will use this. And 20% is a big number enough.
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May 29, 2017, 02:32:28 PM
 #726

We can't estimate the volume of people who use bitcoins in the earth in 2020. Even they have an statistic they can't know how long is the range of people knowing Bitcoin as currencies.

You are spot on!

Looking for an answer to this question the OP has asked is like trying to find a tiny needle in a warehouse stacked with hay. It's not going to be possible. Even at the moment, no one can actually tell the number of users. In 2020, we can only imagine the number based on perception. But then perception isn't fact!

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May 29, 2017, 02:40:40 PM
 #727

I've answered 2-5% and that's just me being very optimistic. I was taking in into the account the latest bitcoin acceptance in countries and hoping that there will be a few more to accept it, also the marketing. A lot of people are using steam and are bound to see bitcoin in the payment options and that should bring in more people too. Bitcoin just needs marketing or maybe more promotional gatherings in various cities. Altho I can say that in my town there are a few people everyday asking me about bitcoin and probably a lot more on other places too.

But guessing how much people will own bitcoin or even own bitcoin already is close to impossible, we can only speculate.

Need some spare btc for a new PC that can at least run Adobe Dreamweaver.

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May 29, 2017, 03:01:18 PM
 #728

With the current increase in Bitcoin knowledge and usage world wide and based on a small sample size of people in my sphere of contact I can say if it continues by 2020 about 30% of all the people I know might also know Bitcoin and so that must apply to the whole world I guess. My sample size isn't enough but that's all I could use.
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May 29, 2017, 03:23:25 PM
 #729

Possibly the pertage of individuals on earth will possess bitcoin by 2020 is 25% in light of the fact that we realize that many individuals can bear to purchase devices and numerous poor are not utilizing web so in 2020 are very few individuals utilize bitcoin in that year so dont expect much that all individuals can utilize bitcoin. In any case, who knows, nothing is unthinkable in this world, trust you are correct once more.
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May 29, 2017, 03:26:45 PM
 #730

BTCC CEO Bobby Lee said that Bitcoin will earn more than $ 5,000 by 2020 but this is only a prediction, and does not rule out bitcoin value will be much increased in the year 2020 along with the increase of bitcoin users

 
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May 29, 2017, 03:47:15 PM
 #731

Probably around 50-60% of the population, hopefully. With people recognizing bitcoin, there is a lot of possibilities they would want to own bitcoins by then.

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May 29, 2017, 04:21:11 PM
 #732

Probably around 50-60% of the population, hopefully. With people recognizing bitcoin, there is a lot of possibilities they would want to own bitcoins by then.
What made you even think that. This is just impossible. If we go according to your estimation. That means 70000% increase in 3 years. This is not at all achievable in any way. At present less than 0.1% of the world population owns bitcoin. It may reach to 0.5-0.7% according to me.
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May 29, 2017, 09:22:10 PM
 #733

It depends upon internet availability. If internet become avalable anywhere in the world, I think nearly half of the populstion will be using bitcoin and other cryptos

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May 29, 2017, 09:35:46 PM
 #734

My original reply was around 5 percent but I am going to bump it to a higher number at the risk of being ridiculed.   Many cultures are actually beginning to devalue their cash and are bringing bitcoin onboard instead.  It is a cool phenomenon!  This is history in the making !

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May 29, 2017, 10:46:47 PM
 #735

Probably around 50-60% of the population, hopefully. With people recognizing bitcoin, there is a lot of possibilities they would want to own bitcoins by then.
thas very big population . Because we have 7 billions in this world I think the populations have bitcoins is less than 0.1 and I believe maybe after decade the population maybe 1 percent but no one knows what is the exact number of people using bitcoin. But for sure if many people using bitcoin for sure the price will hit the maximum price maybe tge pruce will be $10,000 -$20,000 i hope that happen so I will become rich after I sell it

 
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May 30, 2017, 02:59:28 AM
 #736

What's the percentage today?
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May 30, 2017, 05:36:11 AM
 #737

What's the percentage today?
We cannot tell if how much percentage we already got up to this day because it is very complicated to count all of the bitcoin users in the world because of the availability of wallets are too much and we are not just sticking in one wallet so it is very impossible to know but the sure thing is, the volume of users are surely increasing day by day because of the hype that is created right now because of the price spike and also the good news and massive adoption of the different countries.
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May 30, 2017, 06:04:59 AM
 #738

I think 10%-25% of individuals in the earth possess bitcoin or holding bitcoins at this moment.. since bitcoin is not so prevalent in all nation but rather its almost to acknowledge some store here in my nation bitcoin as installment.. on the off chance that store are tolerating bitcoin as installment possibly it the rate will be increment.. since they will realize what is the utilization of bitcoins
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May 30, 2017, 06:13:50 AM
 #739

I believe 10-20% of the entire population will be holding at least a small part of bitcoin by the year 2020, because irrespective of the nations it has been getting spread all around. Specifically several incidents have made path for the wide spreading and knowing about the bitcoin recently. One such is the ransomware attack and demand bitcoin as ransom.

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Hafitdart
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June 04, 2017, 06:36:49 PM
 #740

I believe 10-20% of the entire population will be holding at least a small part of bitcoin by the year 2020, because irrespective of the nations it has been getting spread all around. Specifically several incidents have made path for the wide spreading and knowing about the bitcoin recently. One such is the ransomware attack and demand bitcoin as ransom.

I do no think so. If you say 10% in the US, that might be true.

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