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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 46474 times)
PranDoW
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June 04, 2017, 06:44:33 PM
 #741

I can only imagine how hard it will be to get some Bitcoins in 2020. Already to mine this you need really powerful machine.
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June 05, 2017, 05:31:52 AM
 #742

We still have four more years, so still hard to know how many people will own Bitcoin and become the rich in the future, but now, the rate of bitcoin is increasing, and bitcoin is becoming more popular, so maybe is 40-50% kkkkk
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June 05, 2017, 08:47:59 AM
 #743

I voted 20-30 percent, based on lots of data and information, current users of the bitcoin around 5% of the total world population, rising drastically going the last 3 years, so I predicted three years user of bitcoin will raise up to 30%.
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June 05, 2017, 08:51:41 AM
 #744

Even now the awareness about bitcoin and other digital currencies were found low among the common people. The growth peaks high only when the common people starts to use bitcoin. Right now the usage from.low level people is low as well they doesn't have much idea regarding the same. So by 2020 to the maximum 10-15% of the entire population might hold at least a small portion of bitcoin.

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June 05, 2017, 11:13:43 AM
 #745

I voted 20-30 percent, based on lots of data and information, current users of the bitcoin around 5% of the total world population, rising drastically going the last 3 years, so I predicted three years user of bitcoin will raise up to 30%.
I think that is a very aggressive prediction, but I would not say it's unrealistic though, we can have that massive increase of adoption because bitcoin is getting popular day by day. This year it is a very progressive year for bitcoin itself because it has substantially increase more than 100% and I think this will continue and we can see a good price at the end of the year. The price alone is not the main basis of adoption because there are whales who own a big volume of bitcoins but it's obvious that as bitcoin is getting more popular more people are interested and eventually adopted with the system.

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June 05, 2017, 12:06:37 PM
 #746

I think the realistic target for this which is 3 years from now is about 20% of the world's population and that depends on two things for me, the legality of it in the developed countries and secondly the number of businesses that is willing to accept Bitcoin as a mode of payment. These two things will determine the dominance of Bitcoin in the future as it will be a great factor on increasing its demand more. Also with this two in action the awareness for it to the people will be at large.
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June 05, 2017, 12:53:30 PM
 #747

We still have four more years, so still hard to know how many people will own Bitcoin and become the rich in the future, but now, the rate of bitcoin is increasing, and bitcoin is becoming more popular, so maybe is 40-50% kkkkk

Check you clock...it's 3 not 4

I voted 20-30 percent, based on lots of data and information, current users of the bitcoin around 5% of the total world population, rising drastically going the last 3 years, so I predicted three years user of bitcoin will raise up to 30%.

Based on what "lots of data and infomation" ?

Current number of users is 5% of the world population?
That's bullshit.
It would mean 35 million users with only 200 million transactions in the blochain.

Even at max capacity the blockchain will be able to handle only 100 million transactions per year..
That's at max 300 million new users each with one tx.

Lots of data my a....

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June 05, 2017, 03:30:56 PM
 #748

We still have four more years, so still hard to know how many people will own Bitcoin and become the rich in the future, but now, the rate of bitcoin is increasing, and bitcoin is becoming more popular, so maybe is 40-50% kkkkk

Check you clock...it's 3 not 4

I voted 20-30 percent, based on lots of data and information, current users of the bitcoin around 5% of the total world population, rising drastically going the last 3 years, so I predicted three years user of bitcoin will raise up to 30%.

Based on what "lots of data and infomation" ?

Current number of users is 5% of the world population?
That's bullshit.
It would mean 35 million users with only 200 million transactions in the blochain.

Even at max capacity the blockchain will be able to handle only 100 million transactions per year..
That's at max 300 million new users each with one tx.

Lots of data my a....



Where did you get those figures?  That was so interesting to know how many of us have been earning through bitcoins and knows bitcoins unlike other people.  The problem would be what if as time goes by, people would know about bitcoins and then everyone will hold its bitcoin.  Then the shortage would arise and that would make our bitcoin so pricey and precious.  I also hope that bitcoin developer would like to add some more bitcoins in the near future.
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June 05, 2017, 03:37:24 PM
 #749



Where did you get those figures?  That was so interesting to know how many of us have been earning through bitcoins and knows bitcoins unlike other people.  The problem would be what if as time goes by, people would know about bitcoins and then everyone will hold its bitcoin.  Then the shortage would arise and that would make our bitcoin so pricey and precious.  I also hope that bitcoin developer would like to add some more bitcoins in the near future.

Normally I would not even bother to reply to such a shitpost but this really pisses me off..

How did I get the numbers? The numbers are in the blockchain and anybody who gives a damn about bitcoin should know that.

Also your last line...
Quote
also hope that bitcoin developer would like to add some more bitcoins in the near future.

Are you kidding me?
You want to turn bitcoin in a fiat coin with unlimited supply?

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June 05, 2017, 03:51:07 PM
 #750

I'd be happy if the number of people using bitcoin for three years will increase to 5-10 percent. Probably those who speak about 20-30 percent too optimistic. And anyway who knows what the number of bitcoins in the hands of the whales. Maybe all the bitcoins all in the hands of a few people in the world.

 
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June 07, 2017, 03:22:35 AM
 #751

With the addition of bitcoin users as now so I can only predict for the next year which is the year 2020 where bitcoin users will become more known by the public then the greater the number of bitcoin users than in the current year.
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June 07, 2017, 07:13:29 AM
 #752

With the addition of bitcoin users as now so I can only predict for the next year which is the year 2020 where bitcoin users will become more known by the public then the greater the number of bitcoin users than in the current year.
What is certain is the number of adopters are increasing but we cannot really tell what the exact number of users and I don't think for a small trader like me the exact number is still necessary. The increase of users makes me alive already, I am getting more confident in holding longer because I believe the demand will increase in the future which would result to a profitable journey.

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June 07, 2017, 08:24:24 AM
 #753

Bitcoin 2020 users I think only about 30-40%.
We also know there are some countries that do not agree with payments using bitcoins.
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June 07, 2017, 08:28:23 AM
 #754

I think 10-20%. Bitcoin is growing rapidly, but the possibility of a good Internet still does not exist in all localities. It takes more time to solve this problem.

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June 07, 2017, 01:25:56 PM
 #755

I think 5-10 or even less. Don`t forget that we have elderly people and a lot of people who cant handle computer. Than it also goes from financial part. About 50% of people all over the world lives on a really small salary, so they are not able to invest something and not every one is intrested in bitcoin Wink

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August 05, 2017, 04:25:08 PM
 #756

If bitcoin  can not imagine  the state approval in all the countries, then how many percent people  will take part in the bitcoin in 2020.
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August 05, 2017, 04:27:12 PM
 #757

realistically not a lot. optimistically 5% will own some form of cryptocurrency.

I still think that 5% is a very large percentage, too high in my opinion. It would be great if that was the case, but you would still be talking about a few hundred million people. I think we have a long time until we hit that point. If were at .5-1% of people I would be very very happy.

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August 05, 2017, 05:49:28 PM
 #758

realistically not a lot. optimistically 5% will own some form of cryptocurrency.

I still think that 5% is a very large percentage, too high in my opinion. It would be great if that was the case, but you would still be talking about a few hundred million people. I think we have a long time until we hit that point. If were at .5-1% of people I would be very very happy.

Agree. Even though I would love to see 5%+ adoption, I think realistically will be somewhere in the 2-4% range by 2020. Currently in 2017, I would guess we are somewhere in the 0.5% range of global population.

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August 05, 2017, 07:52:52 PM
 #759

By 2020 at list 40 to 50 percent of world population should own bitcoin and even use it. Many young men and girl has access to internet and bitcion is making great Wave all over the world and people becomes knowledgeable about bitcoin and others cryptocurrency.
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August 05, 2017, 08:41:25 PM
 #760

I have been surveying about bitcoin during 2010 until now the Chinese population has been using bitcoin and reaching almost 15% of the population has been using bitcoin as a person-to-person for payment tool, they say "bitcoin will be the currency in modern times as it is now and bitcoin prices From year to year will increase until mining runs out "
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