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Author Topic: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?  (Read 169483 times)
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May 21, 2016, 06:28:39 PM
 #361

There are around 0.5 milllion users of the bitcoin at present. If it double every year, there will be 32 million users.
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May 22, 2016, 05:14:14 AM
 #362

There are around 0.5 milllion users of the bitcoin at present. If it double every year, there will be 32 million users.
Glad to see you have that figure, but I am just curious because I am not really a mathematician or an analyst what would be the results or implications of the increasing number of users until 2022, I mean what would be the price then?

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May 22, 2016, 05:23:35 AM
 #363

unlikely no people in my country still dont know how to use internet for advantages
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May 22, 2016, 09:15:58 AM
 #364

I think so, yes. Because globalization is definitely occurring at a very fast rate right now, and bitcoin will be the glue that sticks all countries together, in my opinion.

Also people will be trying to get out of the fiat currencies they hold right now. They lose faith in their governments after a few economic crises. This will happen, whether sooner or later.
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May 22, 2016, 10:30:55 AM
 #365

unlikely no people in my country still dont know how to use internet for advantages

I have people around me who use internet but they don't know the positive aspects of internet, they will keep on using it for chatting and watching pornography, for  them internet is only porn, nothing else.
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May 22, 2016, 11:13:04 AM
 #366

unlikely no people in my country still dont know how to use internet for advantages

I have people around me who use internet but they don't know the positive aspects of internet, they will keep on using it for chatting and watching pornography, for  them internet is only porn, nothing else.
Then explain them what the real possibilities of the internet are and that the further we move into the future the more we will depend on everything internet related.

If they keep doing what they always do, then they won't change at all as the world they live in is very small.

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May 22, 2016, 01:29:26 PM
 #367

Less than 1% of the people will use the bitcoin. It needs the permission of the state for it to be a legal tender.
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May 22, 2016, 01:35:42 PM
 #368

as long as people adopted it like real money then it is possible that bitcoin will be used by everyone on the near future.
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May 22, 2016, 01:56:13 PM
 #369

as long as people adopted it like real money then it is possible that bitcoin will be used by everyone on the near future.

Yeah but before that they should also be made aware about bitcoin then only we can expect that will start using it in near future.


 
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May 22, 2016, 02:50:31 PM
 #370

as long as people adopted it like real money then it is possible that bitcoin will be used by everyone on the near future.

Well honestly bitcoin was adopted truly a real money.

It's just that other people doesn't really the full services of bitcoin because of one country's limitation.

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May 22, 2016, 04:58:32 PM
 #371

Absolutely no,bitcoin will only be use by us who knew bitcoin on its early stage,some people will not even try to use btc cause they have no idea what is it..and they dont have the time to research what is bitcoin.
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May 22, 2016, 05:28:38 PM
 #372

It's mostly possible that an evolution of digit money will happen maybe bitcoin win this challenge of digit monegy
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May 22, 2016, 05:33:54 PM
 #373

Even at that time we will be having limited users as till date very few users are aware about bitcoin and it will go higher in coming months.
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May 23, 2016, 02:22:50 AM
 #374

Even at that time we will be having limited users as till date very few users are aware about bitcoin and it will go higher in coming months.
As long as we are positive that it will happen, it will really happen. I can see now base on the reaction of the price that the demand in bitcoins is steadily increasing, this is also with the help of many gambling sites today.

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May 23, 2016, 01:44:25 PM
 #375

Yeah bitcoin will use by by almost every one in the world, because so many people in the world already using whoever know about it investing with bitcoins, so far from today 2022 it is 6 more years so hopefully we can say with in this period it will use every one.
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May 23, 2016, 01:47:54 PM
 #376

Even at that time we will be having limited users as till date very few users are aware about bitcoin and it will go higher in coming months.
As long as we are positive that it will happen, it will really happen. I can see now base on the reaction of the price that the demand in bitcoins is steadily increasing, this is also with the help of many gambling sites today.

There are many people who are using or buying bitcoin only for gambling purposes, as its very easy and convenient to gamble with coins, and once the real gamblers will come to know about it in future they will surely start using bitcoin too.
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May 23, 2016, 02:00:37 PM
 #377

I do not think it will be used by a lot of people in 2022 but of course we will see if this is really gonna happen.
Its just a matter of time before we gonna know this.
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May 23, 2016, 02:57:26 PM
 #378

No I dont think so that it will used by everyone because there are still a lot of people that is waiting for a higher value and that is nice but you have to know that there will be more people that is using it.
But there are still a lot of people that is using their own payment method.
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May 23, 2016, 09:19:36 PM
 #379

No I dont think so that it will used by everyone because there are still a lot of people that is waiting for a higher value and that is nice but you have to know that there will be more people that is using it.
But there are still a lot of people that is using their own payment method.
Yeah people are holding on to there Bitcoins and they have no intention on spending them or selling them for the price that is currently standing. It depends on what the price is in the future and what we are able to buy with Bitcoins by then.
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May 24, 2016, 01:20:28 AM
 #380

There are around 0.5 milllion users of the bitcoin at present. If it double every year, there will be 32 million users.
Glad to see you have that figure, but I am just curious because I am not really a mathematician or an analyst what would be the results or implications of the increasing number of users until 2022, I mean what would be the price then?

Doubling every year is asking for an awful lot, especially doubling every year for the next 6 straight years. There just aren't that many things that experience that level of growth for that prolonged of a period of time. And it would be dangerous to try and draw a correlation between number of users and price. There are far too many variables that affect price, and you have to magnify that by how quickly crypto changes and all the future unknowns that could disrupt Bitcoin. On the face of it, it seems safe to conclude that more users means a higher price, but regulations and competition from other cryptos could drastically alter such a simple premise in the next 6 years.

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