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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 11900 times)
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sobsitesearch
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December 01, 2016, 12:55:56 PM
 #301

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.
Its hard to give range of total number of bitcoin because not all country are accepting bitcoin the only thing we can say is there are a lot of people using bitcoin in their online transaction and their investment.
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December 01, 2016, 01:00:09 PM
 #302

i believe only bitcoin users are below 2M because on blockchain wallets there might be alot of inactive wallets and there might other users make multiple bitcoin wallet. bitcoin users increase every day and bitcoin is the best crypto currency out there.
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December 01, 2016, 03:56:45 PM
 #303

For me, we could not count the numbers of people using bitcoin.
As we can see bitcoin is becoming popular each day in every
country. Other people easily adopts bitcoin since its easy to
understand and access bitcoin. However, we could not count
each day the numbers using bitcoin.

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December 01, 2016, 04:10:25 PM
 #304

You can't distinguish between occasional users and regular gamblers and traders. There are allot of people who just use the BTC in international transactions because the ease of use it provides. So I guess the count is between 15-20 mil if you add all of them.

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MMA
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December 01, 2016, 07:55:19 PM
 #305

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
i think it is not so easy to estimate the actual number of bitcoin uses, but i think the number of bitcoin users is increasing continuously, and hope that very soon a large number of people will be able to get the benefit from bitcoin..
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December 23, 2016, 01:01:51 AM
 #306

Looks like the wisdom of the crowd wins again:


https://twitter.com/nikzh/status/811900999019401217

I voted for 5m-15m and so did quite a lot of people  Wink
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December 23, 2016, 02:01:16 AM
 #307


How many people with the positive btc balance downloaded/updated whole blockchain this month?

I think less than 10% from that ones with the positive balance.


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December 23, 2016, 02:08:00 AM
 #308

According to the forum stats, there are currently ~917k members here, deducting those spam accounts and adding those not on this forum, I think the figure is more or less the same, i.e. ~1M.

Looks like the wisdom of the crowd wins again:


https://twitter.com/nikzh/status/811900999019401217

I voted for 5m-15m and so did quite a lot of people  Wink
For your figure it don't mean every address have positive balance are control by different people... Even satoshi himself have a million coins in 50 BTC blocks, which stored in different addresses (about 20k). So that's why I think there's 1M people using BTC...

Goodbye bitcoin!
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December 23, 2016, 02:38:44 AM
 #309

I could not count them accurately, but I probably could have predicted that 85% of the world population has to know bitcoin, and 60% of them have used it. I feel in between 60% of the world's population, so many people who have high positions in the various countries, which also uses bitcoin. either as one of the investment, or as a business.
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December 23, 2016, 03:41:12 AM
 #310

Now bitcoin prices have more than $800, which will attract more investors to choose bitcoin.we will never know for sure how many bitcoin users. maybe just an estimate. I also do not dare to forecast how much the total bitcoin users today.
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December 23, 2016, 04:00:36 AM
 #311

The amount of bitcoin wallets is almost doubling per year. But will that equate to more transactions and a smaller or higher transaction fee ? We will need an increase in miners to handle those transactions but for the miners it would be profitable from the lowered difficulty.
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December 23, 2016, 08:34:45 AM
 #312

Assuming the words use and hold have same meaning I found a source https://bitinfocharts.com/top-100-richest-bitcoin-addresses.htmlclaims that bitcoin holders with more than 1 usd value are more than 5,663 million addresses. But I have two objections here. Firstly, the admin of this site counts btc holders taking under consideration their wallet exchange rate in usd dollars. But this estimation changes rapidly according the every day exchange rate USD/XBT. This number could be more close in reality if his estimation was in bitcoins. Secondly, as everyone knows most of us we have dynamic addresses more than one in wallet or more than one wallet.
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December 23, 2016, 08:59:37 AM
 #313

i think just <2 million , because in my opinion people in the world not many knows
true what you say that there are few people in this world who knows about bitcoin, but I think bitcoin users more than 2 million users dude, for a course of this forum. I'm sure the more than 700k users. let alone elsewhere
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December 23, 2016, 09:49:02 AM
 #314

i believe only bitcoin users are below 2M because on blockchain wallets there might be alot of inactive wallets and there might other users make multiple bitcoin wallet. bitcoin users increase every day and bitcoin is the best crypto currency out there.
Yes, I think like that. I ever read an article that the bitcoin user around 2 million peoples, but is awed that makes the user a drastic amount of percentage in the last 3 years that is over 400%. With this data, in 10 years again will increase more than 15 million peoples that use bitcoin.
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December 23, 2016, 10:17:57 AM
 #315

i think just <2 million , because in my opinion people in the world not many knows
true what you say that there are few people in this world who knows about bitcoin, but I think bitcoin users more than 2 million users dude, for a course of this forum. I'm sure the more than 700k users. let alone elsewhere
Speculating the actual number of bitcoin users worldwide would be really hard since there are no actual tally or statistics regarding into this.They might give some numbers but its not accurate to consider but its really glad to know that bitcoin users are still increasing as the days goes by and the number will surely increase even more in near future.

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December 23, 2016, 10:39:43 AM
 #316

we should not refer to it by the number of wallets are there in the different websites like block chain or any other wallet based companies .we should do it with that in mind that bitcoin users vary and it may be millions and it is increasing on a daily basis.

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December 23, 2016, 01:32:10 PM
 #317

I think that it can't be more than 15 millions or less than 5 millions. I voted between those too btw  Tongue And I think that it's not less than 5 millions bcs of the Chinese. They are 1 billion people, lol think about it   Huh
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December 23, 2016, 01:38:32 PM
 #318

5 to 15 Million of estimated amount of users seem like appropriate because we can see how the price of bitcoin grow higher and higher. One of the reason why bitcoin price goes up is because of demand and in terms of demand it needs a huge amount of buy orders or adoption which can result for getting the supply to become fewer than before and it reacts to the price. Bitcoin price hike is the result of the growing community of bitcoin users or investors and i think that it will grow even bigger after a few months if the price of bitcoin will go up to the moon.
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December 23, 2016, 02:05:25 PM
 #319

It is a good data if it is known but no one can. Even if there is no anonymity since it has gone global it wont be easy to estimate. There are some assumption of about 10 million bitcoiners as at last year, this year must have added a large sum in which am one. There are several bitcoin owners with different wallets, off-liners/ cold stored and lost bitcoin. knowledge of minimum number of owners might reduce the challenge with an estimated percentage growth over years  
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December 23, 2016, 02:18:39 PM
 #320

As the bitcoin price show today i know that there are lots of people who using bitcoin world wide and other countries start unbanning bitcoin and they addopting bitcoin as they currency and for personal use, I know china is the biggest user who uses bitcoin everyday and also number and general source of bitcoin marketing.
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