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Author Topic: actual number of people using Bitcoin?  (Read 60113 times)
rvbtccom
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February 05, 2017, 01:36:57 PM
 #961

According to publicly available data, there are now over 10 million bitcoin wallets. Perhaps the most informative statistic of all is the transaction volume: the number of transactions has also grown impressively, from roughly 80,000 a day to more than 200,000 without showing any signs of slowing.
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Yet, the challenge in 2017 will be captured by the companies that can successfully obfuscate the complexity of bitcoin and bring frictionless value transfer to the next 100 million daily users.
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February 05, 2017, 01:47:31 PM
 #962

I searched all over google but I couldnt find any recent information on how many people are using bitcoins in 2017. There is a coindesk article about the big challenge it is going to be for bitcoin to be adopted by 100 Million users. The information is outdated and cannot be used right now as it is about 1 and a half years old now.

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February 05, 2017, 01:52:39 PM
 #963

The number of bitcoin users is 2.5 millions. I found this information couple months ago on the net. But I think during this couple months the number increased. Bitcoin as money and as technology are getting more and more popular and used in daily life.
I can hardly believe in that, there are no more than one million of real users; I personally don't know anyone, except me, who uses Bitcoin, not to speak of alts. Many heard about it but nobody ever purchase it  Undecided
The information we found is just a pure estimate, it depends on us on how we evaluate the data we read, and of course we have to make a follow research as well, that information is vital if you are an investor because the number of users also affect the value of bitcoin from time to time.
This is an information that may actually help someone who is trying to invest in this market, I think large investors probably have good estimates in this regard. The price is related to the number of active users in the network, and it is a result of supply and demand, so I think information like this is certainly able to help them make better predictions.
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February 05, 2017, 02:17:42 PM
 #964

I searched all over google but I couldnt find any recent information on how many people are using bitcoins in 2017. There is a coindesk article about the big challenge it is going to be for bitcoin to be adopted by 100 Million users. The information is outdated and cannot be used right now as it is about 1 and a half years old now.

Because of the anonymity and the tolerance of multiple bitcoin address it is the biggest hindrance to determine the number of users. Although statistically, you can assume figures on the demand of btc whenever there is a pump or dump. Thats my opinion.

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February 05, 2017, 03:52:43 PM
 #965

There should be 1 million people use bitcoin or blockchain technology, it will be more in the future, and the price will surge too.
Its hard to know the actual number using bitcoin but one thing is for sure, the users are slowly growing and soon it will be recognize by the world hopefully.
The number of bitcoin users is 2.5 millions. I found this information couple months ago on the net. But I think during this couple months the number increased. Bitcoin as money and as technology are getting more and more popular and used in daily life.

"It's on the Internet, it must be true." Am I right?

People can have unlimited number of wallets. People don't have to upload any personal information. People don't share their information. In forums, people can have unlimited number of accounts as well. In facebook groups, people can also have unlimited number of profiles. Tell me, how did they run that "approximation"?


The number of bitcoin users is 2.5 millions. I found this information couple months ago on the net. But I think during this couple months the number increased. Bitcoin as money and as technology are getting more and more popular and used in daily life.
I can hardly believe in that, there are no more than one million of real users; I personally don't know anyone, except me, who uses Bitcoin, not to speak of alts. Many heard about it but nobody ever purchase it  Undecided
The information we found is just a pure estimate, it depends on us on how we evaluate the data we read, and of course we have to make a follow research as well, that information is vital if you are an investor because the number of users also affect the value of bitcoin from time to time.
This is an information that may actually help someone who is trying to invest in this market, I think large investors probably have good estimates in this regard. The price is related to the number of active users in the network, and it is a result of supply and demand, so I think information like this is certainly able to help them make better predictions.

Funny how people think that the number of users really increases the price of bitcoin when we can be, in fact, be filled with beggars right now that started to use bitcoins so they can earn some coins. This information might help get other people into using bitcoins when they see that there's a huge community, but I doubt that it would help them stay in using bitcoins or help them be excited to be persistent in learning all the necessary things about bitcoin.

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doomloop
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February 05, 2017, 08:55:08 PM
 #966

bitcoin users in very much high number so its really impossible to count it and a lot of people adopting bitcoin everyday so we can say no one know the actual number of bitcoin users.

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February 05, 2017, 08:57:52 PM
 #967

I don't really know and I don't think anyone can know the exact number of active bitcoin users, be it 1-2 million or even more, I can't know for sure. What I can, however, know for sure is that in my family and within the circles of my family, it is only me and a brother of mine who are actively using Bitcoin. For now.
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February 05, 2017, 09:47:26 PM
 #968

25,000,000 people or more right now... It appears to not be stopping because of news / trends that keeps putting BTC into popularity.

The real idea here is splitting people on a hiearched structure and making adjustments judging interest based on how many are traders, consumers, investors or miners.

The currency is staged internationally and controlled by no ruling party. Using it and hosting infastructure opens up more to get involved at every level.

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February 05, 2017, 10:58:23 PM
 #969

I searched all over google but I couldnt find any recent information on how many people are using bitcoins in 2017. There is a coindesk article about the big challenge it is going to be for bitcoin to be adopted by 100 Million users. The information is outdated and cannot be used right now as it is about 1 and a half years old now.
I think no one can guarantee that the calculation of total users bitcoin is true or not, because there is no guarantee it. perhaps we can only predict the number of bitcoin users themselves. maybe aroound 100 million users
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February 05, 2017, 11:36:24 PM
 #970

I searched all over google but I couldnt find any recent information on how many people are using bitcoins in 2017. There is a coindesk article about the big challenge it is going to be for bitcoin to be adopted by 100 Million users. The information is outdated and cannot be used right now as it is about 1 and a half years old now.
You really cannot pull a convincing data about the amount of users when it comes to bitcoin.The slightest possibility is that all the exchanges could publish a data relating to the number of users using the site and that will infact be the most accurate value to determine the amount of people engaged atleast in trading.

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February 06, 2017, 06:35:24 AM
 #971

Estimation of number of users by number of wallets wouldn't be a good way. I personally have used over a hundred Bitcoin addresses to receive transactions. Which includes coinbase, xapo, electrum wallets. Also I have used a number of exchanges where they generate unique address for your deposit. And also the investments in ICOs and cloud minings , etc. 

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February 06, 2017, 07:48:17 AM
 #972

I think it's difficult to count them, it is because of the nature of the bitcoin is anonymous so there is no definite data about user bitcoin. My advice, better made official bank can control the bitcoin.
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February 06, 2017, 07:55:22 AM
Last edit: February 08, 2017, 08:09:11 PM by t3ChNo
 #973

I don't think there's a way to determine the exact # Bitcoin actual users but you can notice that it's actually reaching out more everyday. I have seen more establishments and people starting to accept Bitcoins as payments.
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February 06, 2017, 08:12:51 AM
 #974

There is no actual number of people using bitcoin.
No-one can tell the actual number of bitcoin user.
There are many people who keep joining as well as keep leaving.
And there are many sites which shows you the amount of people using bitcoin approximately.

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February 06, 2017, 08:40:55 AM
 #975

I think it's difficult to count them, it is because of the nature of the bitcoin is anonymous so there is no definite data about user bitcoin. My advice, better made official bank can control the bitcoin.
Yeah you must be a genius. Do you know what Bitcoin is? Bitcoin is a decentralized currency which can not be controlled by any individual or government except its users. The Bitcoin bank can be considered as the most ridiculous idea and Bitcoin experts, hackers never ever accept this idea. Bitcoin is anonymous and you can never change this fact

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February 06, 2017, 08:46:44 AM
 #976

I searched all over google but I couldnt find any recent information on how many people are using bitcoins in 2017. There is a coindesk article about the big challenge it is going to be for bitcoin to be adopted by 100 Million users. The information is outdated and cannot be used right now as it is about 1 and a half years old now.

It indicates that there are many people who are using bitcoin, every year bitcoin usage holders are keep increasing. It means that people are getting awareness about bitcoin and they are learning themselves about bitcoin. According to my view more than 5 million people are already using bitcoin.

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fullypak
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February 06, 2017, 11:51:17 AM
 #977

I searched all over google but I couldnt find any recent information on how many people are using bitcoins in 2017. There is a coindesk article about the big challenge it is going to be for bitcoin to be adopted by 100 Million users. The information is outdated and cannot be used right now as it is about 1 and a half years old now.

It indicates that there are many people who are using bitcoin, every year bitcoin usage holders are keep increasing. It means that people are getting awareness about bitcoin and they are learning themselves about bitcoin. According to my view more than 5 million people are already using bitcoin.

If you want overall how many users are using bitcoin from the beginning, you have some sources to find that information. But if you are looking for the only particular year it is hard to find the users record. We have some basic searching options that are signature campaign check it how many new people are registered in 2017 and wallets how many people opened new bitcoin wallets. Based on this we can find one rough number, but you will not get exact details. 
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February 06, 2017, 03:27:23 PM
 #978

There should be 1 million people use  or blockchain technology, it will be more in the future, and the price will surge too.
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....
Yeah..but I guess the developer can predict their registrations per wallet site, and yes I think it is hard to know how many exact users because we do and make different accounts in different wallet site. I think its impossible for a common user to tell that.

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February 07, 2017, 12:21:49 PM
 #979

There should be 1 million people use  or blockchain technology, it will be more in the future, and the price will surge too.
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....
Yeah..but I guess the developer can predict their registrations per wallet site, and yes I think it is hard to know how many exact users because we do and make different accounts in different wallet site. I think its impossible for a common user to tell that.
a common person can't tell you how many bitcoin users over in the world but I think it is possible to determine.. it can be done with proper plan and doing a large size survey on all over the web. than the right count of altcoin users can be known.

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February 07, 2017, 01:16:53 PM
 #980

Actually there is no correct answer of your question. And its almost impossible to find the correct number of bitcoin user. But from different researches on Internet I think the will be not less than few hundreds. This is my personal thought. The number is increasing day by day.

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