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Author Topic: actual number of people using Bitcoin?  (Read 60113 times)
bce
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June 17, 2018, 09:02:14 PM
 #1301

Is there a way to determine the number of people who are actually using Bitcoin till date? Who would have access to such information? Meaning a way to find out, how many new people have used Bitcoin in 2016 , so that we can say exponential growth is natural not artificially created by hoarders.
is it useful for you if you know the number of people accessing bitcoin and I think it is very difficult to calculate people using bitcoin
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Lorin
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June 17, 2018, 10:41:32 PM
 #1302

No one will calculate the total  number who are using bitcoin, but we can determine that there are many are using it.We all know that  bitcoin is now popular in different place because of its good factor and the benefits that given the society and to the person who used it.
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June 18, 2018, 08:57:10 AM
 #1303

This cannot be determined. I don’t think that the number of people participating in cryptocurrency investments globally will not exceed 100 million. Only about 40 million people may be investing. However, it should increase by several million each year.
Singbatak
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June 18, 2018, 10:04:06 AM
 #1304

It is difficult to know if the percentage of people around the world holds or uses bitcoins. Here in our country I've been doing this on a famous bitcoin wallet company. And I see that it's only 5 million people. Additionally other bitcoin wallet companies, and we can not even say that every single person has a wallet. So I can say that people need to know more bitcoins because only about 8% of people in our country know that really little
BTC.Turtle
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June 18, 2018, 10:15:59 AM
 #1305

You can assume the number of users in bitcointalk.org, its not accurate but you get to have the number to assume.
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June 18, 2018, 10:17:34 AM
 #1306

I dontthink there is a way to get the actual amount of people using bitcon because thousands  people get to invest everyday thousands of wallets are created there is no way of getting an absolute number of persons or people using bitcoin
The same question in fact is how many people use the euro or the dollar. The question is, do you really need this data or is it just ordinary statistics that do not carry any valuable information? More important information that, what can I do with bitcoin, where I can use it in everyday life, and not how much bitcoins covered by dust on someone's wallets.

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June 19, 2018, 04:23:46 AM
 #1307

I don't think that its really possible to estimate the exact number of users using bitcoin and why should we waste our time in thinking that, and we very well know that community is growing day by day and that's really important.
poisonivy77
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June 19, 2018, 07:57:24 AM
 #1308

Is there a way to determine the number of people who are actually using Bitcoin till date? Who would have access to such information? Meaning a way to find out, how many new people have used Bitcoin in 2016 , so that we can say exponential growth is natural not artificially created by hoarders.

There is no way to determine the number of people who uses bitcoin in any transaction and investment but we could determine the value or history of transactions of how much bitcoin is used in an average. We just have the statistics for bitcoin users using assumptions and means.

haophan
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June 19, 2018, 08:19:50 AM
 #1309

This amount I think will increase over time. It is the trend of the future
Stormspirit
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June 20, 2018, 08:57:10 AM
 #1310

It is a prediction that, to be accomplished with satisfactory results, would require a lot of research.
In my opinion, if the less active users are included, this number could be higher than four hundred thousand.because the price increased the last weeks and its expected that it will increase more soon
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June 20, 2018, 09:16:22 AM
 #1311

I don't think you can really measure the number of people using bitcoin accurately at any time because bitcoin is free to sign up and doesn't need any ID, and is mostly anonymous. You can measure the number of used addresses, but a person or organization can have multiple addresses.

Here: http://bitscan.com/bitnews/item/how-many-people-really-own-bitcoins-and-why-does-it-matter. It's quite outdated but you can safely say I think that there are around 2.5 million people right now using bitcoins. I think that's the absolutely minimum for now.

It is very hard to determined  people who using bitcoin because us I know one user of Bitcoin can create many accounts us they want. I think millions of people using bitcoin because it has more potential  benifets that we have or can earn more profit that we need.
josephpogi
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June 20, 2018, 09:21:49 AM
 #1312

Is there a way to determine the number of people who are actually using Bitcoin till date? Who would have access to such information? Meaning a way to find out, how many new people have used Bitcoin in 2016 , so that we can say exponential growth is natural not artificially created by hoarders.
i think no one can exactly know about it bitcoin technology is anonymous and there are several number of wallet on the internet right know and many people enrolled in different wallet so it is very difficult to find that how many exactly know it..... so we can only assume or imagine but we can't find exact number.
Bettinaar
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June 20, 2018, 09:31:33 AM
 #1313

I do not think anyone can calculate how much is using Bitcoin until the current date, maybe it's growing I think with the news where it's marked so popular bitcoin
agatha90
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June 20, 2018, 09:40:32 AM
 #1314

To calculate how many numbers of bitcoin users is very difficult, because from year to year the number of investors is increasing.
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June 20, 2018, 09:43:54 AM
 #1315

I don't think so. Maybe there is an estimate number of accounts that you can get in bitcointalk or etherium but it is merely an estimate, the number that you might get will not be accurate at all.
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June 20, 2018, 09:45:17 AM
 #1316

For me, it's complicated to know the actual number of people how are using bitcoin. But if you can find the IP of each people how are using bitcoin it has a percentage to know the number of people how are using bitcoin, but its very complicated right. Also, a one person can generate numerous codes or address that they can use in many different exchanges, especially right now the bitcoin is well-known all over the world.  But in the other hand, you can just estimate the person how are using bitcoin.  Smiley
Briella18
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June 20, 2018, 09:48:30 AM
 #1317

I am not sure what the number is of the people that make use of Bitcoin but I know that it is quiet allot of people. Bitcoin is becoming more and more popular so it will not surprise me if the exact number is a high number.
marjon
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June 20, 2018, 10:07:58 AM
 #1318

That one could be impossible to do - Determining exact total numbers of Bitcoin users. The internet is very broad place with full of anonymous people. I wish theirs one strong project that able to conduct census and determine users via informational data something like KYC for a certain purpose.
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June 20, 2018, 10:09:36 AM
 #1319

I think million's of people using bitcoin
knggtrrz
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June 20, 2018, 10:39:49 AM
 #1320

For me, it's complicated to know the actual number of people how are using bitcoin. But if you can find the IP of each people how are using bitcoin it has a percentage to know the number of people how are using bitcoin, but its very complicated right. Also, a one person can generate numerous codes or address that they can use in many different exchanges, especially right now the bitcoin is well-known all over the world.  But in the other hand, you can just estimate the person how are using bitcoin.  Smiley

Yes, I think it's impossible to trace actual number of people using bitcoin because people all over the world are using it in different times. Also its anonymity will prevent them from tracing who are the users of bitcoin.
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