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Author Topic: actual number of people using Bitcoin?  (Read 60113 times)
deepakg2m
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June 16, 2018, 10:04:03 AM
 #1241

Now is the time of enhancing the use of cryptocurrency and specially BITCOIN . Therefore , making any statement about the actual number of users is an impossible task and to answer in approximation is also very difficult.

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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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markiplier.jack
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June 16, 2018, 10:27:54 AM
 #1242

It is no way to determine the actual number of people using bitcoin. But the current supply of bitcoins on the network can be found here in blockchain.info website.
tayecrypto
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June 16, 2018, 11:11:23 AM
 #1243

the actual number is somewhere like 4-5billion users i know its not much but its really a great population in compared to others they have spent a lot to advertise and people use them not for intrest they use by observing others but in case of btc we use it because we love it....
Crypto one
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June 16, 2018, 11:27:04 AM
 #1244

https://blockchain.info/charts

Show 185.000 transactions the last 24 hours, on top of that  People also use bitcoins to buy and sell altcoins on exchanges
eashikde
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June 16, 2018, 11:53:41 AM
 #1245


I think a lot of people have invested in Bitcoin, because if you look at its capitalization right away, you can say. Now I think the same way investing hoping for a good growth of bitcoin as at the end of 2017.
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June 16, 2018, 12:18:45 PM
 #1246

I don't think we can measure or determine the exact number of people using bitcoin because its all over the world its more than a hundred thousand or more probably but the exact number we can never tell unless thoise who are in authority to say this.

basyang
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June 16, 2018, 12:21:05 PM
 #1247

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.

Well, It seems to me that the one who know about the exact number of people using bitcoin day by day is the one who create it or maybe the bitcoin moderator for sure they have a databases. It is only on my mind because it is impossible to not record and manage it by the administrator. And for sure the number of bitcoin user today is billions because everyday there has a peoples who register and curious about bitcoin. Even there are countries who banned bitcoin still they can not force to stop does people who wants to join in bitcoin community.

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kandidaj
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June 16, 2018, 12:22:18 PM
 #1248

There is no way to determine. Some people mentioned determine based on users on this forum but we have many members with multiple accounts.
kasemin
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June 16, 2018, 12:30:41 PM
 #1249

Yes to know the number of Bitcoin addresses that have been used at least say nine times if so it is possible to get an educated estimate. But you must have a number to assume. Most users who enter the currency cryptocurrancy also become Bitcoin, no matter how loyal they are to a coin.
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June 16, 2018, 12:33:11 PM
 #1250

Impossible to determinate how many participants bitcoin has. If we were taking an action to count it, it will take us forever.
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June 16, 2018, 12:45:19 PM
 #1251

The amount of bitcoin in one day in Indonesia reaches 150-200 units. Last year, there were only 10 units per day, bitcoin growth in Indonesia is very late because in indonesia bitcoin users only most of them that too. currently the United States plays an important role in persuading other countries to legitimize the virtual currency.
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June 16, 2018, 01:47:18 PM
 #1252

The exact number of people using bitcoin will be determined very soon, and maybe never at all, but it will be possible to derive suitable statistics in the near future when bitkoyn will be used massively + to this regulation by the states that want us to pay the tax.
BulbaLord
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June 16, 2018, 01:54:25 PM
 #1253

In my own opinion I think theres no need to determine the number of user of bitcoin.  We don't know how many people using bitcoin. And its very Impossible to determinate how many participants bitcoin has.
Gummybear67
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June 16, 2018, 01:57:25 PM
 #1254

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.
Its hard to give an specific number of people who are using bitcoin because nowadays more and more people are now believing to Bitcoin investments around the world. Well isn't a good news? More investors more money?
distr@yopmail.com
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June 16, 2018, 02:01:08 PM
 #1255

In my own opinion I think theres no need to determine the number of user of bitcoin.  We don't know how many people using bitcoin. And its very Impossible to determinate how many participants bitcoin has.
actually it is also possible, fixed it all takes a long time. when viewed from the address bitcoin and wallet that there is likely to be seen how many already have bitcoin. but the hall would not have done it.

Jimrch
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June 16, 2018, 02:19:28 PM
 #1256

I think we do not still have a way to determine the bitcoin users as of now. But we say say that today there's a lot of us using it and more and more people was learning about it.
purple.thoughts
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June 16, 2018, 02:40:09 PM
 #1257

Well, through advanced technology, nothing is impossible but none of us are sure if digital currency will be obsolete one day. It is just based on predictions but one thing we should know now is that as long as digital currency exists then we should grab our opportunity to earn from it and if it is really going to be obsolete one day them all of the earning we will gain should be saved or spent wisely.

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Drakula
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June 16, 2018, 02:43:01 PM
 #1258

Actually, statistics can show how many people are using, but if we can think of an approximate number, it's really countless and its hard to give a specific number but that doesnt matter as long as every one of those people are working hard.
kl8847
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June 16, 2018, 04:09:13 PM
 #1259

"
I just share number people who online on local market every days are about 300-500 users, although there is not guarantee they have bitcoin and using it. But if they don't using bitcoin, what for they was online every days on the market? And mostly of them use bitcoin just for trading altcoins and trading to fiat.

Maybe it is. but most people are returning over time, especially when the rate increases. They again want to get on board)"
luckyluigi
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June 16, 2018, 05:09:50 PM
 #1260

I believe, and I very much hope that they will only increase over time. Someone is attracted to the support of friends, some learn from the internet about bitcoin, but still many people stay with him and work. It's hard to count them.
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