How many people use/hold bitcoin in 2016

[asuryan180]

Actually due to price  stability on 2016 since its halving most of holder might have not sold their bitcoin and might be waiting for price hike. There might be buy and sell during the first half nectar initially price was around $350 and suddenly it rose to $600 so almost 2 fold increase in price of bitcoin. Do 1st half ad second half of 2016 have different view on bitcoin holding graph. Let hope for the best for 2017 and upcoming years

It's true that this may lead to actually less people holding BTC because more people will be holding and aslo the price will increase but as long as there are people willing to buy BTC will be on the right track.The bigger concern for me is not how much people hold BTC but how many are informed with BTC and the real possibilites it holds and not what they have really exactly heard

[bitbunnny]

I'm not sure if exact numbers for Bitcoin users actualy exist. I beleive and hope that this number is increasing with each year and how Bitcoin becomes more accepted and popular. Also, the offer for jobs paid in Bitcoin is also increasing so that can contribute to larger number Bitcoin users too.
But in the future if the price increase a lot Bitcoin may become unavailable to larger population so that is potentialy leading to some elite status.

[fantoos]

I don't know about other people how many they actually are in figures who are using or holding Bitcoin in 2016. I will talk about me only as I am holding 6 Bitcoins and still whenever see possibility buy slowly slowly in cents. I hope I will b eable to collect couple of more before it reaches all time high in coming months.

[memii]

I do believe current number of Bitcoin users will be in millions at present. There are so many usage of Bitcoin and lot of people don't have access to this forum but still know about from external sources and found it useful. Let's say 1/3 of the blockchain.info wallet holders are real users then too that number is above 2 million.

[mrcash02]

I think 2 millions of persons at this moment... Just a supposition.

It's not a big number, and I'm supposing it, because we don't have a very big traffic on forum. Of course this is the best and biggest forum about crypto-currencies, but if the BTC was really being used in mass by world population, we would see more members here.

And I believe anyone who isn't a newbie on this world, have an account on Bitcoin Talk Forum, no?

[Doamader]

I wont go soo hight i do believe we are something between 500k-1 milion bitcoiners, some dont use forums, and those wich use can have several accounts soo its hard to predict, its the same about the total coins that are lost forever.

[deadpoolx]

I think some value between 1 million and 1.5 million seems to be a reasonable number, if you ask me. On the other hand, a value in the range of two million seems to be unrealistic, in my opinion, since Bitcoin is still in its early stages of expansion, with few merchants adopting the currency, hence few customers. This is likely to change, given the potential of it.

[nara1892]

blockchain.info wallet claims they have over 7 million users, right on the wallet homepage.

As you already told, one person can have several accounts, but I believe it is safe to assume at least 3-5 million users tried Bitcoin for short amount of time. Coinbase has at least million accounts as well, and these are verified by government isued ID - so pretty much these numbers represents real people.

I agree with you. the data shows that there are over 7 million users, but I am not sure either that the users are different for each wallet. probably some wallet is owned by a person, or there are many people forget their private keys or forget their password, so they create new wallet. that makes the users increase, but in fact amount of people using the wallet does not reach 7 million at all.

[FlamingFingers]

Other than Blockchain.info wallet, I think a site like Freebitco.in can give us a closer range of the number of Bitcoin users(at least the users who are actually interested in Bitcoin and deal with it or they wouldn't give a damn about the site, right?). The site has more than 3.35 Million registered members And I can assure you that this number is quite solid because the site is very restricted about multiple accounts. IF anyone tries to create another account he/she will get blocked on the registering page telling him/her "account is banned due to same IP Address used by an existing member" and if anyone uses a Proxy or VPN will also get blocked. I tested making another account on the site more than once and i failed. Unless changing IP Address(like using another computer or smartphone with a different internet connection than the one you currently have), you cannot make another account. So let's assume that all the 3.35 Million are real people, i can safely say that Bitcoin users/holders are between 3-5 Million users which is quite good! 

[Vannterson]

I don't know about other people how many they actually are in figures who are using or holding Bitcoin in 2016. I will talk about me only as I am holding 6 Bitcoins and still whenever see possibility buy slowly slowly in cents. I hope I will b eable to collect couple of more before it reaches all time high in coming months.

Most likely there are no figures to say this because you can have 100 wallets as a example so its hard to tell how many people are using it nowadays.

[croutonhexagon]

Well almost 50% user are keeping their money on hold because after july halving price fluctuation is quit low and many might had thought to sell after halving but unfortunately there was no price hike so they might had have kept their money on hold. But before halving there was quit instability in bitcoin price and I think more buying and selling took place in that period of time.

[sportis]

        It is not easy to calculate. A good article (Feb 2014) http://bitscan.com/bitnews/item/how-many-people-really-own-bitcoins-and-why-does-it-matter considered that there were 500,000 users and foresaw a growth rate of 100-fold in the medium term future. Home screen of blockchain wallet https://blockchain.info/wallet/#/ claims that has 8+ million wallets but how many of them are active assuming that many bitcoin users open a wallet (especially web wallet) only to test it? 

[triasel]

Im interested to know how many people are actually now involved in the bitcoin world, Is there anyway to find out a rough idea of the user base so that we can come to a conclusion on what kind of adoption we are currently at? It seems difficult to gauge since this forum alone has several duplicate accounts from the same people.

. /r/bitcoin has 180k subs to it so would it be safe to assume if we included all miners, users holders and whoever else that we are still at under 1 million users? If this is the case then we still have a long way to go.

Does anyone have any more accurate guesses or way to determine the market?

very many user , may be can see from wallet . because each user certainly wallet
may be >4 millions in the world

[Positid]

Im interested to know how many people are actually now involved in the bitcoin world, Is there anyway to find out a rough idea of the user base so that we can come to a conclusion on what kind of adoption we are currently at? It seems difficult to gauge since this forum alone has several duplicate accounts from the same people.

. /r/bitcoin has 180k subs to it so would it be safe to assume if we included all miners, users holders and whoever else that we are still at under 1 million users? If this is the case then we still have a long way to go.

Does anyone have any more accurate guesses or way to determine the market?

very many user , may be can see from wallet . because each user certainly wallet
may be >4 millions in the world

That is not a reliable basis to estimate the total number of users of bitcoin since one person can make as many wallets as he want and just leave it untouched after making such wallet. There's no way we can have a close estimate on how many real users of bitcoin but one thing is certain is we are growing in numbers.

[mrkevio]

Im interested to know how many people are actually now involved in the bitcoin world, Is there anyway to find out a rough idea of the user base so that we can come to a conclusion on what kind of adoption we are currently at? It seems difficult to gauge since this forum alone has several duplicate accounts from the same people.

. /r/bitcoin has 180k subs to it so would it be safe to assume if we included all miners, users holders and whoever else that we are still at under 1 million users? If this is the case then we still have a long way to go.

Does anyone have any more accurate guesses or way to determine the market?

very many user , may be can see from wallet . because each user certainly wallet
may be >4 millions in the world
[/quote

I think we're actually over 10 million people in the world using Bitcoin. 4 million seems to be a too small number for the number of ATMs and businesses that rely on Bitcoin that exist in the world. We are millions but from different countries, which makes Bitcoin look like it's not popular at all.

[susila_bai]

Im interested to know how many people are actually now involved in the bitcoin world, Is there anyway to find out a rough idea of the user base so that we can come to a conclusion on what kind of adoption we are currently at? It seems difficult to gauge since this forum alone has several duplicate accounts from the same people.

. /r/bitcoin has 180k subs to it so would it be safe to assume if we included all miners, users holders and whoever else that we are still at under 1 million users? If this is the case then we still have a long way to go.

Does anyone have any more accurate guesses or way to determine the market?

very many user , may be can see from wallet . because each user certainly wallet
may be >4 millions in the world

That is not a reliable basis to estimate the total number of users of bitcoin since one person can make as many wallets as he want and just leave it untouched after making such wallet. There's no way we can have a close estimate on how many real users of bitcoin but one thing is certain is we are growing in numbers.

What you are telling is true about we cannot estimate the number of users of bitcoin not only each person using multi wallets but also each transaction uses single wallet address and the wallet generates new address for another transaction. So it is highly impossible to tell the estimate of users of bitcoin.

The main point is now the Bitcoin users have increased in 10 times more then 2 yrs back and we can see double speed growth in coming years

[coin-investor]

It's hard to tell because there are no existing data or figures,all experts can only predict or estimate,even I can't come out with a rough estimate because every users can have as many wallets as he desires,but hopefully one tool will come out to give us the right figure..

[Xester]

It's hard to tell because there are no existing data or figures,all experts can only predict or estimate,even I can't come out with a rough estimate because every users can have as many wallets as he desires,but hopefully one tool will come out to give us the right figure..

The moment that there are actual counting of the numbers of users is that time when there is one registered wallet per individual. That time the government has its eyes and places regulations and policies pertaining the use of bitcoin. It will also includes monitoring of transactions to check illicit activities and also for taxation. So for me i dont care if we know or not how many users there are in bitcoin world as long as I am earning.

[Carlsen]

My guess is that the number of users is somewhere from 5 to 10 million users.
Bitcointalk.org is now closing up to have 1 million users.
A lot of bitcoin users start here, I suppose at least 10%. That would make a total number ot 10 million btc users.
If the percentege in my calculation goes up, the total number of users would decrease.

[newIndia]

Im interested to know how many people are actually now involved in the bitcoin world, Is there anyway to find out a rough idea of the user base so that we can come to a conclusion on what kind of adoption we are currently at? It seems difficult to gauge since this forum alone has several duplicate accounts from the same people.

. /r/bitcoin has 180k subs to it so would it be safe to assume if we included all miners, users holders and whoever else that we are still at under 1 million users? If this is the case then we still have a long way to go.

Does anyone have any more accurate guesses or way to determine the market?

It will always be a wild guess and the exact figure will never be known.