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Author Topic: actual number of people using Bitcoin?  (Read 60113 times)
BitcoinSupremo
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July 24, 2016, 10:41:57 AM
 #161

Even if we find an actual number (I am taking this for real just to make an example) we have not really find the actual number because one user may be using a lot of bitcoin addresses to receive bitcoins.
An example is for a person who has a desktop, a laptop and a tablet or phone. This person can use blockchain.info latest version of wallet creates a new address after every transaction , this person continues and install in his PC the Multibit Classic desktop wallet, in which he can create a lot of bitcoin wallet addresses, this person installs also Multibit HD which can do the same. Then he installs Electrum in his PC. He continues and installs these desktop wallets also in his laptop. Then he downloads 2 wallets in his phone or tablet. This single person by doing this is in charge of at least 400-500 bitcoin addresses so the actual number is much smaller than that we think it can be.
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July 24, 2016, 10:46:36 AM
 #162

bitcoin users more than 1 million people

How can you say that bitcoin users more than 1 million people? because I think no one knows precisely bitcoin users today, even more difficult to start the survey.

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July 24, 2016, 11:01:46 AM
 #163

Well we dont know how many users from globe uses bitcoins, but as per statistics from Blockchain we can assume that certain millions of people use bitcoins. Here is chart of statistics of unique bitcoin addresses generated on blockchain alone. There are other platforms of wallets as desktop, apps, hardware and web out of all I am just exploring web based wallets statistics.

Data showing below is for duration of all time.

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July 24, 2016, 11:12:06 AM
 #164

Well we dont know how many users from globe uses bitcoins, but as per statistics from Blockchain we can assume that certain millions of people use bitcoins. Here is chart of statistics of unique bitcoin addresses generated on blockchain alone. There are other platforms of wallets as desktop, apps, hardware and web out of all I am just exploring web based wallets statistics.

Data showing below is for duration of all time.



this image shows the number of "used addresses" and it has nothing to do with number of people using bitcoin and i don't think you can even guess the number of people using bitcoin from this.

because many people are using wallets that are generating a new address as you spend bitcoin, meaning they (as satoshi has suggested) use each address only once so one person who has been using bitcoin for a year or so has used hundreds of addresses already.

Buying the dip...
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July 24, 2016, 11:29:21 AM
 #165

bitcoin users more than 1 million people

How can you say that bitcoin users more than 1 million people? because I think no one knows precisely bitcoin users today, even more difficult to start the survey.

Yup its really difficult to judge the exact number of bitcoin users and its impossible to calculate it but one thing is sure that its increasing day by day.
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July 24, 2016, 12:18:48 PM
 #166

bitcoin users more than 1 million people

How can you say that bitcoin users more than 1 million people? because I think no one knows precisely bitcoin users today, even more difficult to start the survey.

Yup its really difficult to judge the exact number of bitcoin users and its impossible to calculate it but one thing is sure that its increasing day by day.
And actually every holder can create different bitcoin wallets so it is really hard to trace and in general bitcoin is anonymous. The volume of transactions is our only way to determine and make a good estimate of the actual number of people using bitcoin.

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July 24, 2016, 12:29:58 PM
 #167

bitcoin users more than 1 million people

How can you say that bitcoin users more than 1 million people? because I think no one knows precisely bitcoin users today, even more difficult to start the survey.

Yup its really difficult to judge the exact number of bitcoin users and its impossible to calculate it but one thing is sure that its increasing day by day.
And actually every holder can create different bitcoin wallets so it is really hard to trace and in general bitcoin is anonymous. The volume of transactions is our only way to determine and make a good estimate of the actual number of people using bitcoin.

Yeah its not possible to get on exact figure of people using bitcoin as the market cap of bitcoin users is not too huge at a moment but it will go higher in future.

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July 24, 2016, 01:51:11 PM
 #168

I also actually really don't know but i think there is no system created yet because as i have observed block chain can only determine the total block of all transaction
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July 24, 2016, 01:55:10 PM
 #169

There is no exact count of the number of bitcoin users worldwide similar to population count of countries, but according to most small scale surveys its mentioned that around 3%-7% of people worldwide use bitcoin.
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July 24, 2016, 01:55:18 PM
 #170

I also actually really don't know but i think there is no system created yet because as i have observed block chain can only determine the total block of all transaction
yes it is true. no one can know the number of users bitcoin. bitcoin wallet address can be owned by anyone. however I believe that bitcoin user is now very much. each time will expand the use of bitcoin. and it will continues to increase.
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July 24, 2016, 02:02:31 PM
Last edit: July 31, 2017, 11:38:23 PM by SmartIphone
 #171



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Centra Official Bounty Program

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           ▀▀▀█████████████▀▀[/color][/size][/font][/url]
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[center][url=https://www.centra.tech/][font=Trebuchet MS][size=11pt][glow=#E8C608,0][color=#222211][color=transparent]..[/color][b]Creating a World Connected to Cryptocurrency[/b][color=transparent]..[/color][/glow][/size]
[font=corbel][size=12pt][color=#ccad00][b]▚▚ Worldwide Debit Card & Insured Wallet ▞▞[/b][/color][/size][/font][/url][/center]
[/td]
[td][size=4pt][color=transparent].[/size]
[b][size=20pt] [/td]
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[center][url=https://www.centra.tech/token-sale/][b][font=arial][size=14pt][color=#998200]T[/color][color=#ccad00]o[/color][color=#e6c300]k[/color][color=#ccad00]e[/color][color=#998200]n[/color]
[size=10pt][glow=#666633,2,300][color=transparent]...[/color][color=#e6c300]S[/color][color=#ccad00]a[/color][color=#e6c300]l[/color][color=#ccad00]e[/color][color=transparent]...[/color][/glow][/size][/font][/b][/url][/center]
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[center][font=arial][size=11pt][url=https://www.facebook.com/CentraCard][color=#000080][b]Facebook[/b][/color][/url] ‣[url=https://centratech.slack.com/][color=#ff1a75][b]Slack[/b][/color][/url] ‣[url=https://www.twitter.com/Centra_Card][color=#1a8cff][b]Twitter[/b][/color][/url]
[size=12pt][url=https://github.com/CentraTech/smart-contract][color=black][b]Github[/b][/color][/url] ‣[url=https://www.medium.com/@Centra][color=#00ff00][b]Medium[/b][/color][/url] ‣[url=https://bitcointalk.org/index.php?topic=2041101][color=#ff6600][b]ANN Thread[/b][/color][/size][/font][/center]
[/td]
[td][size=4pt][color=transparent].[/size]
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[/table][/center]





Other Bounties:


Centra Slack and Telegram Bounty


We are looking for more and more Readers. Followers and Contributors for Our Upcoming Token Crowd-sale event, and for early supporters we have a lot of bounties, rewards, and Bonus... Join our Telegram and Slack Channel today. be a part of the largest Cryptocurrency Social Media Platform and Earn bonus reward. Payment will be paid along with all other bounties.


Join and Apply:


Join Slack: http://slack.centra.tech

Join Telegram: https://t.me/CentraTech

Apply using the form below:
https://goo.gl/s1zGXK


Spreadsheet:
https://goo.gl/UWpZKX



Payments:

5% of Bounty will be fixed to pay all eligible and active telegram and slack bounty participants.


One user can join both platforms



Requirements to get paid:

1: You must join the Telegram and/or Slack channel and stay there till the end of Crowdsale.
1: an at least 2-month-old bitcointalk, twitter or Reddit (or 2 months older account in any social platform)
2: an ethereum wallet to receive your tokens (only use a wallet address of which you have private key or an ERC20 Toke supported wallet)



Rules:

1: User must stay on the group till the end of crowdsale.
2: User must be active and supportive in the group. inactive users can get 50% less pay rate or can be simply disqualified.
3: Using bad language, spamming, advertising any other service in Centra groups not allowed.
4: Only one account on each platform allowed. a person found to be cheating by creating multiple accounts will be disqualified.
5: Having a 2 month older bitcointalk, twitter, facebook or reddit account is mandatory.. using brand new accounts of these platforms will not be accepted.
freedomgo
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July 25, 2016, 06:14:02 AM
 #172

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.

From an coindesk article there are more than 10 million bitcoin wallets available and the number of bitcoin users can not be known from this.
I believe that there are few millions bitcoin users based on what I read on coinbase that they have almost 2million users.
I too believe that users have reach into millions already and that is huge when it comes to the average amount they are holding. And if that will follow the increasing trend we could be huge in the future and would always give us the benefits for the early investors.

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sobsitesearch
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July 25, 2016, 07:03:30 AM
 #173

We do not know the actual users of bitcoin but for sure its more that a million users in the world and here in my country i think more people now are using bitcoin because they love the services of our bitcoin wallet.
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July 25, 2016, 07:20:59 AM
 #174

I also would like to know but I think there isn't a flatform created for this yet,because Bitcoin is decentralized not unlike a traditional payment processor where the company knows exactly how many users they have,Bitcoin is not a company at all..


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ajun96
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July 26, 2016, 09:41:39 PM
 #175

I believe we can only estimate how many new people come each month by network traffic increase..Or we can use google analytics - tools for some serious investigation.. But it is obvious that bitcoin popularity is rising.
yes we dont have the facility to investigate about the number of user of bitcoin. but we can only estimate it roughly. as i know hundreds of people must be interning in the world of bitcoin on daily basis.

Yeah its not possible to calculate the exact number of users using bitcoin at a moment but one thing is sure that users are increasing on daily basis.
of course we cannot know the exact amount of bitcoin users because it will be very difficult to count. see how to calculate alone is confusion, yeah for sure is bitcoin users will continue to grow and grow every week or year. is it possible to know about how many users who newly join ?
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July 26, 2016, 10:07:31 PM
 #176

Well man I don't think we can actually determine the total number of people using Bitcoin. In my opinion though only 5-10% of the people worldwide is using bitcoin. That will sum up to millions or 5 million we can't determine it since multiple btc addresses can be used by one person. So it will be hard to determine it.
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July 26, 2016, 10:11:27 PM
 #177

I believe we can only estimate how many new people come each month by network traffic increase..Or we can use google analytics - tools for some serious investigation.. But it is obvious that bitcoin popularity is rising.
yes we dont have the facility to investigate about the number of user of bitcoin. but we can only estimate it roughly. as i know hundreds of people must be interning in the world of bitcoin on daily basis.

Yeah its not possible to calculate the exact number of users using bitcoin at a moment but one thing is sure that users are increasing on daily basis.
of course we cannot know the exact amount of bitcoin users because it will be very difficult to count. see how to calculate alone is confusion, yeah for sure is bitcoin users will continue to grow and grow every week or year. is it possible to know about how many users who newly join ?


I don't think we can identify actual number of new users who joined as its impossible to judge that or else we can check how many newbie accounts are there at a moment on this forum.
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July 26, 2016, 11:08:05 PM
 #178

To get true number of bitcoin users we need to start a poll in every country and we will not know ture accuracy cause not everyone will answer.

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July 26, 2016, 11:16:13 PM
 #179

im pretty sure its impossible to find that out as theres no statistics

 
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madwica
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July 27, 2016, 03:02:39 AM
 #180

To get true number of bitcoin users we need to start a poll in every country and we will not know ture accuracy cause not everyone will answer.
I think that poll can not help because not all users will participate that and every time more people starting to use bitcoin that is why can not get the real number of bitcoin users but one thing we all know more people are now using it.
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