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Author Topic: actual number of people using Bitcoin?  (Read 60211 times)
xamxam
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June 21, 2018, 03:25:42 PM
 #1361

We can't find any way to find out the actual number of bitcoin users bro. this is a very hard to know even the estimated number of users of bitcoin, There are other people that does not belong to this forum that involve in bitcoin like the investors who invest on it.
cryptostardom
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June 21, 2018, 03:34:08 PM
 #1362

The actual number of people using Bitcoin is not known. Also there is no identified way to determine the number of Bitcoin users. There only way could be to start tracking the IP adreses used to assess the BTC wallet but the effectiveness cannot be ascertained.
mourinho hala 98
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June 21, 2018, 04:19:37 PM
 #1363

You can assume the number if users in bitcointalk.Only if you can track the IP of the users then you might get an estimate. But there's no easy way to do it.
James_H
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June 21, 2018, 04:27:33 PM
 #1364

I think it's impossible because the days of bitcoin users are getting more and more so there's no way anyone can count people using bitcoin
MbakNarti
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June 21, 2018, 04:33:33 PM
 #1365

There's no way anyone can count all the bitcoin users around the world that's impossible to do for humans so I think bitcoin users will not be able to count because every day more and more new users in bitcoin
callmeback
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June 21, 2018, 05:34:09 PM
 #1366

There are other people that does not belong to this forum that involve in bitcoin like the investors who invest on it. Many people who use bitcoin want to hide their identity because it is also used in illegal activities! from that alone it's very impossible to know how many numbers of bitcoin users. These people is that they also enjoy buyers protection. I don't think we'll ever come to a point where even a small or medium country is feeling the impact of people transacting with Bitcoin. I think by collecting every wallet and registered account can predict the number of each user, even if it does not really match. because everyone can generate some wallets and accounts.
Halk
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June 21, 2018, 05:53:08 PM
 #1367

I doubt that there are millions of bitcoin users around the world. Because, to the best of my ability, I can argue, some members of the bitcoin community used multiple accounts, although the person behind them is alone. But, in fact, there is no way to know them, but, I can give an approximate estimate to a couple of tens of millions of people who have had or have had the interaction to use bitcoin from the day it was created. As for active users, there are likely to be around 100,000 people who use bitcoin on a daily basis.
kraken_Mik
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June 21, 2018, 06:14:47 PM
 #1368

Its difficult to determine this information, I think there is no possibility to determine the exact number of bitcoin user in country because there is no statistic tools that we can make to calculate this things.

All I know is that the bitcoin's population is growing rapidly.
contrary quickly falls, since most people came to this market to earn, and now the market is in very bad condition and everyone leaves him.
shvishal
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June 21, 2018, 06:24:24 PM
 #1369

According to me i think actual number of people using bitcoin is only calculated if their is any method to determine the number of individuals using bitcoin if their is no technique then i think it is impossible for the one to calculate number of people using bitcoin.
Marlo Stanfield
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June 21, 2018, 06:25:38 PM
 #1370

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.

Especially when you consider that current fiat related payment platforms are also moving forward, where the cost of using it for people is zero, and all payments are instant. Another plus for these people is that they also enjoy buyers protection. I don't think we'll ever come to a point where even a small or medium country is feeling the impact of people transacting with Bitcoin.

What you say is very true and it seems not many people get that it's an uphill battle for Bitcoin to really compete in this corner of the market. Lightning helps, but Bitcoin is still fundamentally worse for the consumer.

Personally I think it's more suited to being a global financial asset that has similar properties to gold, yet is way more flexible. Consumer payments is a tough nut to crack.
rosemary4u
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June 21, 2018, 07:23:06 PM
 #1371

It will be impossible to determine the number of people using bitcoin, even the number of bitcoin wallets cannot be accounted for
chikading2016
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June 21, 2018, 08:10:05 PM
 #1372

It is great hard to identify the actual number of bitcoin users or maybe there is no way to identify about it. But if we put some basis regarding to the current price. We can really see that bitcoin is really rising from the past few years till now. So then the user might be increasing because the increase of its price is due to many user or maybe investors on the crypto feild.

Syunusa
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June 21, 2018, 08:49:16 PM
 #1373

According to research carried out, is only 10% of the world population that have contact with cryptocurrency especially bitcoin. Although, the number is growing gradually
Sandus_Cryptolover
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June 21, 2018, 10:17:18 PM
 #1374

It is definitely gonna be an unsuccessful effort as no where would such an info e kept. Remember that decentralization is what we are talking about here thus, its never be possible. Don't forget as well that some folks got more than one Bitcoin wallet.


Is there a way to determine the number of people who are actually uksing 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.

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kaybounty
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June 21, 2018, 10:17:36 PM
 #1375

Even surveys wont be able to do that work of counting the exact number of bitcoin users in the world, because you might wont be able to do the survey every place where bitcoin is earned or used, maybe you can do that as well but there is no guarantee that every bitcoin user would be active to take part in that survey.
Promitestake
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June 21, 2018, 10:53:20 PM
 #1376

We can't decide the real quantity of humans using bitcoin because this is not possible to move around the world and ask every people if they may be the usage of bitcoin or no longer due to the fact there is a lot of those who makes use of bitcoin and it isn't always enough to measure them the use of the range of bitcoin wallets because it's so easy to create bitcoin pockets so there's no manner for me to degree the actual number of user of bitcoin.
MMA
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June 21, 2018, 11:01:10 PM
 #1377

We can not predict it ... especially now that bitcoin is falling sharply in the market ... most people may leave it and very few survive ... but do not lose hope .... because behind something that comes down there must be a rigidity alone in it ....
There is such mechanism through which we can know about actual number of bitcoin users,  we can only predict it and analyse from the increasing demand of bitcoin, which shows that bitcoin users are increasing from time to time. I think that no doubt that bitcoin users will continue increasing for a long long time.
turagsoy123456
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June 21, 2018, 11:07:13 PM
 #1378

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.

Actualy we ca not determined how much the exact amount of people using bitcoin. Because their is no egency going around the world to conduct a survey to monitor the total people using bitcoin. But as we observed their are many people involved in bitcoin because of the popularity of bitcoin world wide.

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Heavens Gate
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June 21, 2018, 11:37:42 PM
 #1379

There is exact way to determine how many people are exactly using bitcoin. How? Some people have a number of accounts and this is just one person. Its going to be difficult to know how many.
LionelRobinson
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June 22, 2018, 08:35:05 AM
 #1380

The best way would probably be surveys,They are the ones also who are most likely that can afford to buy bitcoin because they have work or has business and still can do something to make it grow with their own effort because they understand the technology and for the older ones, they will most likely just invest in bitcoin and earn from it by having passive income.
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