How Many Millions of People Use Bitcoin?

[sportis]

I do not think that now matter how many people are using Bitcoin worldwide. It is important, what benefit it brings all these people, and for what purpose they use it.

Advantages and disadvantages of bitcoin like as if it serves people needs is easy to find. But is very difficult and matters how many people around the world use it. Say that you go somewhere abroad with few fiat money in your pocket but with btcs in your smartphone wallet. So how will you satisfy your needs if there aren't people for services or goods to pay with bitcoins? 

[kryptqnick]

We know only that ,there are 16 mil btc already mined. We also know that there is approximately the same amount of wallets. My gues is that a bitcoiner in general has around 1 btc and 1 wallet, so I voted for 16 million. However, I understand now that 1 btc per user is sort of not that big and the average amount is probably higher. But what to do with wallet's then? If there are less people using btc then they have more money and more then 1 wallet in general?

[Selly Arumsari]

* India Counts over 1 Million Bitcoin Users

https://bitconnect.co/bitcoin-news/258/bitcoin-progress-report-india-counts-over-1-million-bitcoin-users/

* Blockchain.info counts nearly 10m wallet users (some of those 1 million Indian users might have wallets on Blockchain.info; and some others might have multiple wallets on there)

https://blockchain.info/charts/my-wallet-n-users?timespan=180days

* Some research says there are less than 5m active users and it won't go over that number until 2020

https://www.cryptocoinsnews.com/bitcoin-users-approach-5-million-mark-2019-juniper-research-reports/

So, how many people do you think are currently using Bitcoin?

edit

Not looking good:




Please try to use links to any *good* sources of user stats; pretty please, with sugar on top.  "My mom thinks it's less than 20" type of bollocks will get you deleted off the face of this earth.

i think < 2 million i know from user in this forum .. and i know all user of bitcoin not all in this forum

[serjent05]

It is hard to tell how many people are using Bitcoin, and the wallet address that had been created is not accurate since one user can have hundreds to thousand of addresses.  In my opinion there is more than 5 million people who have bitcoins since MLM company are now using bitcoin as their bait to attract people to join their company but the people who use it in their daily lives is different story.  And I think there is only a small percentage of those who owns it use bitcoins.

[stark101]

I do not think that now matter how many people are using Bitcoin worldwide. It is important, what benefit it brings all these people, and for what purpose they use it.

Actually it is important to know how many millions of people used bitcoin since it was develop because it is the proof or evidence that people trust bitcoin. This can be proof that bitcoin is really a great help to the users last years until now. It can be proof also that users may also use bitcoin that as their full time job

[fritzdark]

yes, i agree with some of the comments here. it is impossible to determine the number of bitcoin users just by basing on the number of wallets being used.  one user may use 3 or more wallets or bitcoin addresses. just like me, i use 5 wallets. so that doesn't mean that those wallets are being used by 5 persons.

[xIIImaL]

yes, i agree with some of the comments here. it is impossible to determine the number of bitcoin users just by basing on the number of wallets being used.  one user may use 3 or more wallets or bitcoin addresses. just like me, i use 5 wallets. so that doesn't mean that those wallets are being used by 5 persons.

As bitcoin is anonymous system to use, we cannot speculate the number of users easily because we can see multiple wallets in one person's name and etc. I don't think op effort will be fulfilled by this thread

[BitcoinPC]

yes, i agree with some of the comments here. it is impossible to determine the number of bitcoin users just by basing on the number of wallets being used.  one user may use 3 or more wallets or bitcoin addresses. just like me, i use 5 wallets. so that doesn't mean that those wallets are being used by 5 persons.

Yeah, exactly, it could be happened, but if we wanna guess than only that way is here to guess about the users of the bitcoin. But also as you said it is right, because everyone have many wallets and i think they have only one bitcoin, or may be they have half bitcoin or more than 1 bitcoin. Also i have many wallets but many time i have 10 to 12 bitcoins, which i bought them, and sometime i have no bitcoin. So as i said we can only guess it. 

[dearbesz1219]

Your question actually is very hard to calculate the exact counting of bitcoin users, though we have already a total millions of members in bitcoin world.
Aside from that the history record in the blockchain is not enough to count it so far it is because there are many exchange sites that has made by now.

[betohell]

yes, i agree with some of the comments here. it is impossible to determine the number of bitcoin users just by basing on the number of wallets being used.  one user may use 3 or more wallets or bitcoin addresses. just like me, i use 5 wallets. so that doesn't mean that those wallets are being used by 5 persons.

I think any method used to calculate the total bitcoin users will not be able to describe the actual total bitcoin users, let alone use a number of addresses, because only one user can have dozens of bitcoin address right ?

[tabas]

yes, i agree with some of the comments here. it is impossible to determine the number of bitcoin users just by basing on the number of wallets being used.  one user may use 3 or more wallets or bitcoin addresses. just like me, i use 5 wallets. so that doesn't mean that those wallets are being used by 5 persons.

I think any method used to calculate the total bitcoin users will not be able to describe the actual total bitcoin users, let alone use a number of addresses, because only one user can have dozens of bitcoin address right ?

Yes you are right and we are not able to identify how many people are already using bitcoins. But base on what is happening with the bitcoins price, I guess it is now reached to 1 million users and this is only an estimation as there is no basis on how many are we already in the bitcoin economy. And with those statistics for bitcoin addresses it is not also a certified basis.

[cengsuwuei]

i think is over 5million
in my country in exchanger volume transaction only 300itcoin/day
can get bitcoin user over 200 thousand

[olushakes]

I chose to go for 20 million to 30 million people based on the fact that in India alone which Op has indicated based on its analysis that India alone has 1 million then going by that to other countries of the world then we should not expect something else coupled with the amount of Bitcoin currently in circulation as much as 16 million spread that, then we will have it in the hands of those people I picked.

[rababo]

I've voted for 2 to 5 million. It's just my rough estimation, it could be less or it could be more.
I think it's hard to calculate how many is bitcoin users because every people can have more than one bitcoin address and the users are increasing everyday.

[jeraldskie11]

I think 2-5 million of people who used Bitcoin because someone said base on research that the users of Bitcoin is less than 5 million like what you have said. Why I prefer 2-5 million users of bitcoin?
Because every now and then the users of bitcoin has increasing base on the graph.

[whizter]

We know only that ,there are 16 mil btc already mined. We also know that there is approximately the same amount of wallets. My gues is that a bitcoiner in general has around 1 btc and 1 wallet, so I voted for 16 million. However, I understand now that 1 btc per user is sort of not that big and the average amount is probably higher. But what to do with wallet's then? If there are less people using btc then they have more money and more then 1 wallet in general?

i don't think that there is only one wallet with every bitcoin users, to me ever bitcoin users much have  more that 5 wallets and the second is that it is not so easy estimate the number of bicoin users, as bitcoin is anonymous and no one has the source to find out the actual number of active bitcon users.

[tee-rex]

We know only that ,there are 16 mil btc already mined. We also know that there is approximately the same amount of wallets. My gues is that a bitcoiner in general has around 1 btc and 1 wallet, so I voted for 16 million. However, I understand now that 1 btc per user is sort of not that big and the average amount is probably higher. But what to do with wallet's then? If there are less people using btc then they have more money and more then 1 wallet in general?

i don't think that there is only one wallet with every bitcoin users, to me ever bitcoin users much have  more that 5 wallets and the second is that it is not so easy estimate the number of bicoin users, as bitcoin is anonymous and no one has the source to find out the actual number of active bitcon users.

The IRS (the tax service in the US) has been said to be poking their nose in the Coinbase records in an effort to identify Bitcoin users. They required to provide the identities of the Coinbase clients for 2 years between December 31, 2013, and December 31, 2015. Coinbase itself claims that it has around 4.8 million users and 10.6 million wallets. If this story is set to be continued, we will likely learn how many people are actually using  this wallet or have used it in the past.

[uname]

I do not think that now matter how many people are using Bitcoin worldwide. It is important, what benefit it brings all these people, and for what purpose they use it.

I think the total bitcoin users will also affect bitcoin in the future, because I believe the more total users bitcoin bitcoin then development will be the better, by looking at the total bitcoin users growing, of course it will make us believe in bitcoin

[R3ffun]

i think just <2 million , because in my opinion people in the world not many knows

[Wowcoin]

2-5 million because i think bitcoin user in the whole world is more than 2 million so many people using it and many more can know about bitcoin and everyday many increasing the count of using bitcoin.