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Author Topic: actual number of people using Bitcoin?  (Read 60113 times)
crystalworld
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June 24, 2018, 05:30:08 PM
 #1421

I think this will be difficult to determine. But expect blockchain keeps records of numbers of active accounts. Since that's one major wallet for bitcoin user's.
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Shiversnow
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June 24, 2018, 05:32:48 PM
 #1422

Well it is really hard to determine how many people are involved into this crypto currency because i think at the moment there is no authentic way to find the actual numbers of people who are using it on their daily basis, so many people predicting different numbers and maybe in near future we will find the way to let know about this.
Yes, it's so hard to determine how many people using bitcoin no can tell the exact number,  cause many of the investors have created lot's of account. I know every minute have investors are joining here, so it's not easy to say how many people using bitcoin. I hope in the future we determined total number.
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June 26, 2018, 01:57:38 AM
 #1423

It's hard to calculate how many people are using Bitcoin because Bitcoin is already known all over the world and new people keep on joining everyday so it's hard to count it.

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June 26, 2018, 08:05:32 AM
 #1424

That is a statistic that I do not believe can be calculated with the way that bitcoin operates. There are people who lives in an unregistered house, some people live in a sketchy place, some people live away from the city and some people are away from civilization. And those people might be using Bitcoin as well.
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June 26, 2018, 08:19:33 AM
 #1425

It is very difficult to account on how many people using bitcoin that is why we cannot compute the exponential growth of the people using bitcoin from 2016 until now. Maybe it can be done in estimates through bitcoin addresses.

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June 26, 2018, 08:23:40 AM
 #1426

That is a statistic that I do not believe can be calculated with the way that bitcoin operates. There are people who lives in an unregistered house, some people live in a sketchy place, some people live away from the city and some people are away from civilization. And those people might be using Bitcoin as well.

statistics dont lie. and if anyone can do a an actual survey about the usage of bitcoin, i think we can identify the actual number of bitcoin users around the world.

We can also count them based on the supply of bitcoin. Lets say there are already 4 million btc have been mined over the past 8 years , which means there are also 4 million bitcoin users around the world?  Im a corect on that calculations? Hmmmm??
bidadari22_
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June 26, 2018, 08:26:51 AM
 #1427

I think it's very difficult to know the actual number of bitcoin users, because I think the bitcoin users are unknowable and it is impossible to predict the exact number of bitcoin users,
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June 26, 2018, 08:30:45 AM
 #1428

That is a statistic that I do not believe can be calculated with the way that bitcoin operates. There are people who lives in an unregistered house, some people live in a sketchy place, some people live away from the city and some people are away from civilization. And those people might be using Bitcoin as well.

statistics dont lie. and if anyone can do a an actual survey about the usage of bitcoin, i think we can identify the actual number of bitcoin users around the world.

We can also count them based on the supply of bitcoin. Lets say there are already 4 million btc have been mined over the past 8 years , which means there are also 4 million bitcoin users around the world?  Im a corect on that calculations? Hmmmm??
well, I guess at this time, bitcoin users are very much, even some of us also work on bitcoin. maybe almost 40% of people who are computer experts, or not, are looking for bitcoin for a long time, in fact I feel that many of us want to build a business that receives bitcoin, because we know that so many bitcoin users in out there.

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Ambrosius
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June 26, 2018, 08:41:43 AM
 #1429

I think there is no way to know exactly how many bitcoin users are. First, because of anonymity, second though we can see the transaction and wallet data we are not sure of it because it could have a double wallet.

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Williamnak
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July 01, 2018, 02:50:27 AM
 #1430

Not sure how would you count the actual number of people using Bitcoin. However, you could have a rough guess from the number of people who're active in the bitcoin forums.
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July 01, 2018, 04:13:59 AM
 #1431

Would it be possible to know the number of Bitcoin addresses that has at least been used say 10 times if so maybe it's possible to get an educated estimate no?

Well it's very hard to determined the actual number of people who using bitcoin because as a matter of fact it's been around the world people join bitcoin.I think at present more and more people now in active in bitcoin and it makes bitcoin more popular in the whole world.
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July 01, 2018, 04:18:40 AM
 #1432

The fact that the number of Bitcoin users is still huge, but mostly Bitcoin is in the hands of sharks
LigwagGanern
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July 01, 2018, 04:43:35 AM
 #1433

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.






It is impossible to know the actual or exact number of people who using bitcoin every year. We cannot also depend the number of people who using bitcoin by the wallet address, because some of bitcoin users use two or more bitcoin wallet or digital wallet. We may measure that the number of people who using bitcoin is increasing because if you use internet, there are many pages or sites saying about bitcoin. Many people will see that, and maybe they will curious what is bitcoin and they will find out what it is. And they will know that they can earn money using bitcoin. Therefore, the number of people who using bitcoin will increase.
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July 01, 2018, 04:57:07 AM
 #1434

I think the number of people using bitcoin in services is still low but with the rapid development I believe many people will use it more purposefully.

Yes, I believe that too because not all the people know the existence of bitcoin, but the exact number of client its hard to know but I'm sure the number of people probably will increase more and more.
Lintel
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July 01, 2018, 05:09:54 AM
 #1435

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 don't think there is really a way to determine the actual number of people using bitcoin.  we all know that there were so many people using it but there is also no way to know how many . as we can't base it on the  wallet addresses only or whatsoever as this is blockchain.
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July 01, 2018, 05:28:11 AM
 #1436

Yes, this is really an interesting question. I would like to know the number of users as well but looks like it is impossible to track as users can create several accounts that makes impossible to count the right number and track them. We can only estimate an approximate number.

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July 01, 2018, 06:04:11 AM
 #1437

Its hard actually to determine the actual numbers of people using bitcoin or are involved in bitcoin, the fact that bitcoin now become phenominal and has huge follower and user it would quite gard to detect how many in all are using it.. but these numbers actually is more favorable to bitcoin becuase it only means that they're capturing many attention, and investor.

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July 01, 2018, 06:05:55 AM
 #1438

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 theres no way for us to know about the actual and specific number of people that using bitcoin.

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July 01, 2018, 06:28:24 AM
 #1439

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 they know the actual number of people using bitcoin because there is a people that is assigned to know it. Actually they can count it when we make an account because there is a record if when someone make an account or join here in bitcoin.
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