actual number of people using Bitcoin?

[Wintersoldier]

The actual number of people using bitcoin is not possible to determine.

Even if you track the number of accounts, then also it is not possible because, one user can generate lot of accounts.

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.

That is true, single person could provide multiple accounts in terms of having their transaction, trading and investment. It is really not possible to count the exact people who are currently using bitcoin all we can do is to enjoy the benefit of the support of those people who are continuing supporting bitcoin as a form of cryptocurrency on investing, trading and transactions.

[cryptofeel]

The number of people who have used bitcoin or hold it can be known. It depends on what algorithm or mathematical equation that has been set in place to determine the amount of bitcoins mined so far and the number of wallets cold or hot that has been created and funded (However, there is a tendency that multiple accounts can be opened by a single user) With this known a fairly accurate figure can be known.

[collision00]

I figure it is difficult to decide the genuine number of individuals utilizing btc, on the grounds that ordinary the number is expanding a result of amateurs. Additionally, it's an uplifting news in light of the fact that since we can't tally the quantity of individuals utilizing btc on the planet, we could state that btc is broadly utilized and is extremely mainstream to numerous individuals. It essentially implies that btc is truly helping individuals thus most clients are now acquainting it with others.

[nicster551]

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.

Through the technology we have today, may be it is possible indeed. Well, we cannot also deny the fact that there might also individuals who are using bitcoin only for a purpose. What is it? Then that is , its bitcoin true purpose of existence. To be used for remittance of money without any third party. So we can also conclude, some individuals also just buy bitcoin from the money they want to send to their love ones, then the receiver, just convert it to his or her economic currency used in their country.

[yousuf123]

Honestly you can not easily know how much people are using bitcoin because its anonymous and many addresses are generating everyday. and also many people are using multiple wallet for security reason.so it seems fairly impossible that there is even 2 million users. Maybe a little less.But through a proper survey it's possible to actually get a rough estimate though..

[slackcryptoz]

Some users have predicted the number of bitcoin users based on the active wallet that has been created till date. This doesn't give the right calculation about the user base. To my understanding in terms of percentage I believe around 5% of the world population might be using bitcoin as well other digital currencies.

[kovpet11]

It is impossible to know exactly the number of the BTC-users. It is frequent that 1 person owns more accounts and vice versa more users with 1 account.

[bitogenis]

It is impossible to know exactly the number of the BTC-users. It is frequent that 1 person owns more accounts and vice versa more users with 1 account.

I agree

[John vera]

To measure the increase in Bitcoin users, it is best to compare Bitcoin in circulation within  a year with general price over the year.
It would be best! Other comparisons may not give clear picture

[kittle33]

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.

  Thiers a million of bitcoin members.

[arjen18]

For me it is impossible to determine the actual number of people who using bitcoin because some of users are making multiple account and that's why we can't determine the actual number of people using bitcoin

[Ch01ce0N3]

I think there is. Condition people have to work hard and believe to create creative ideas, ideas and ideas are good, then.

[reighbut2017]

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 if someone can accurately count the number of people using bitcoin considering of a widespread investment offer to many people world wide.

[kwarto]

im glad i was part of this cryptoworld. and i am proud to be one... surely as time pass by many people will get involve in cryptocurrency and this will make cryptocurrency be part of the exchange goods in the marketplace.

[jpnl0004]

You can only make an assumption but you cant get an actual or accurate  number of person on bitcoin its very large and also thinking about the widespread of people who make investments almost everyday.That makes it almost impossible to get an actual number of persons using bitcoin.

[criss ronaldo]

Its do hard to know and identify the actual number of people using bitcoin because from the start of this the numbers are too much high especially now up to the present due to bitcoin popularity in the nation.

[mmo_online_1981]

I always think that not many, mainly investors, bitcoin price fluctuations quite a lot, not suitable for the business to receive payment by Bitcoin! Bitcoin needs to be developed and stable to use as currency

[vitsexy]

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

[vickycoin05]

Its do hard to know and identify the actual number of people using bitcoin because from the start of this the numbers are too much high especially now up to the present due to bitcoin popularity in the nation.

I think the admin of this furom has the list of all members of this furom but I doubt of some people who engaged in bitcoin but not a member of this forum. There are what we called miners and just pure investors in some other bussiness. Maybe its hard to identify tge exact number of people using bitcoin.

[chillitabit]

I always think that not many, mainly investors, bitcoin price fluctuations quite a lot, not suitable for the business to receive payment by Bitcoin! Bitcoin needs to be developed and stable to use as currency

bitcoin is already developed, there is no problem with that. We still can see some transaction, but not enough. I see that you are are one of those speculators, well try to help instead and use it for txs