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Question: How many people around the world use Bitcoin?
< 2 Million - 45 (35.4%)
2 to 5 Million - 34 (26.8%)
5 to 15 Million - 27 (21.3%)
15 to 20 Million - 9 (7.1%)
20 to 30 Million - 2 (1.6%)
> 30 Million - 8 (6.3%)
IDK, I worship the god of Ethereum - 0 (0%)
What's Bitcoin? - 2 (1.6%)
Total Voters: 127

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Author Topic: How Many Millions of People Use Bitcoin?  (Read 11836 times)
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bitcoinisbest
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September 28, 2016, 05:36:53 AM
 #41

You will know where come to know approx idea about how country fair in terms of bitcoin usage. Its all approx figures which is also vague because how btc is transferred and used among people is varied.
SaShiRaJaVu
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September 28, 2016, 05:41:03 AM
 #42

you cannot truly know how many people use bitcoin,the current bitcoin money supply is around 15.90 million,so there might be around million people using bitcoin and more over the initial people who got into bitcoin does have a huge amount of coins in their collection,so you never know the correct stats.
Herbert2020
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September 28, 2016, 05:52:23 AM
 #43

I don't know the exactly number but I know that China on the first place by number of people that use bitcoins, India is second and the USA third. But I was reading that India will go on the first place soon about this number of users. Bitcoin is getting more and more popular there and cause of population as well.

I don't buy china as the place with the most users.  The most mining and trading takes place but other than that they have no use for it there.

I'm sure it's up there but the US must have the most actual users when you take commerce and the quantity of services there.

i agree with you.
what Tanic says is most probably based on the trade volumes he sees. which shows China having the highest volumes every day but the reason for that is the fact that there are a lot of whales and traders and the fact that the trading fees are zero in the major Chinese exchanger called okcoin.

also looking at the usage of bitcoin i am sure the majority is in US as there are a lot of services that you can find accepting bitcoin. and as for India i am sure most of them are faucet/captcha workers not bitcoin users.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
mamichula
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September 28, 2016, 05:53:21 AM
 #44

I voted less than 2 million. If so, there's some real potential when more people start using it in the future.
davis196
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September 28, 2016, 07:07:30 AM
 #45

* 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?



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 would say less than 2 million users.

Most of them have multiple btc wallets so we can`t know the exact number.

If Indian users are 1 million,how many are Chinese users?

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September 28, 2016, 07:15:16 AM
 #46

I think there are allot of people using the bitcoin for now and that amount is only growing and growing i dont know for sure whawt the total users will be in the future but that will be allot for sure!
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September 28, 2016, 07:44:59 AM
 #47

* 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?



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 would say less than 2 million users.

Most of them have multiple btc wallets so we can`t know the exact number.

If Indian users are 1 million,how many are Chinese users?

Trying for calculating the bitcoiners in china and i sure the result will be more 2 million people... if comparing with the total population of chinese is more than 100 million person in there.

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Lokfar
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September 28, 2016, 07:57:32 AM
 #48

I dont thnk there are so many bitcoin users but what i do know is that there are only coming more people who would use the  bitcoin for sure i dont know witch one.
Iceborn
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September 28, 2016, 07:57:36 AM
 #49

There are so many users in the bitcoin but do you really think that are more than a couple of milions i dont think that is really true because most of the users are big companys with allot of bitcoins.
Mastsetad
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September 28, 2016, 08:00:19 AM
 #50

Lol. Someone selected "What is bitcoin?" from the poll, that shows there are users even in this forum who does not know what is bitcoin and we are trying to teach others outside here.
Coming back to the topic, i have selected from 2 to 5 million because if there are 1 million users in India then they would probably be more than 4 or maybe 5 million in the world.
BingoDog
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September 28, 2016, 08:45:15 AM
 #51

Some logical thinking is that Bitcoin is used the most in developed countries with high acces to the techologies. But we mustn't forget India who has a lot of Bitcoin users, also some countries in Africa. I would say something around 3 millions.

malaj
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September 28, 2016, 09:47:27 AM
 #52

I vote 5-15 million . this user are the actually trust and use bitcoin everyday!!
And more people trust in bitcoin  in future.
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September 28, 2016, 03:04:20 PM
 #53

I think it's around 1 million or so overall, it's still just getting attention and haven't gone fully mainstream yet so I think it's around that or so, hard to estimate the real number though since it's not needed to link your identity to a bitcoin address.
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September 28, 2016, 03:05:52 PM
 #54

2 million is enough to predict how much people using bitcoin so far we really don't know how much right if we are going to see the lots of transaction in bitcoin and we count it we can't because there are transaction are made every minute and it is more than x10 or maybe more.
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September 28, 2016, 03:27:32 PM
 #55

Well there's no accurate way to count how many folks use bitcoin yet, i think bitcoins is used by more than 5m folks. India alone has 1m users, what about China it should double than India right?
olubams
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September 28, 2016, 04:07:26 PM
 #56

Its really going to be difficult to determine accurately the numbers of users even the estimate might not be accurate because of the major advantage of Bitcoin which is anonymity as your friend might be into bitcoin and you wont know, another is the environmental or say social factors surrounding its use in the sense that some people still see it as a currency used in the "underworld" which they are not really proud of. Based on the analysis by OP I would say between 2-5 million people...
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September 29, 2016, 07:36:16 PM
 #57

I do believe we might be 2 milion with several people inactive, the blockchain only shows wallets nothing else, soo one single person might have more then 10 adress, like exchanges does have unlimited adress connected to them.
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September 29, 2016, 09:08:09 PM
 #58

I do believe we might be 2 milion with several people inactive, the blockchain only shows wallets nothing else, soo one single person might have more then 10 adress, like exchanges does have unlimited adress connected to them.

2 million people seems to be too much if you ask me. Especially if their active. I guess the amount of active bitcoin users is perhaps in the ten of thousands. The amount of users that have or use bitcoin is somewhere in the 100.000. Perhaps 150.000. The amount of addresses is easily somewhere in millions and counting.
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September 30, 2016, 10:27:51 AM
 #59

I think the total number would have to be few millions, I seen few thousands in even my country which is a third world country with no significant care about the technical field, If you include US, China and Russia I am sure it would be a significant number.

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September 30, 2016, 10:59:29 AM
Last edit: October 03, 2016, 02:54:25 PM by lakisis
 #60

i think no one know that how many people are using bitcoin because a huge of number of people are using bitcoin and these people can not be countable so there is no one count the number of bitcoion users and it really too  impossible.
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