Xester
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May 15, 2017, 12:32:34 PM |
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I wonder as of today how big or small is the penetration of BTC among the global population, in order to realise how much can the price of BTC can grow as more people is using it.
Does anyone know how many people or a % of the global population is using BTC???
We cannot determine the actual number of population that are using or at least 1 satoshi. We do not have a central agency doing that study and since bitcoin is decentralized it is hard to gather information and statistics as to how many are using bitcoin. But in my country we are more than one thousand and we are increasing in numbers. In Japan we can expect that they will climb to hundreds of thousands.
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gabmen
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May 17, 2017, 12:38:57 PM |
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I wonder as of today how big or small is the penetration of BTC among the global population, in order to realise how much can the price of BTC can grow as more people is using it.
Does anyone know how many people or a % of the global population is using BTC???
I don't think anyone can tell the exact figure of how many people have btcs or sats. though what's certain here is that more and more people have been exposed and probably are using btc now than a couple of years back. at this time it may be less than 5% of thr entire people on earth who are using btc but who knows how many in the next year or two
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pacifista
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May 17, 2017, 12:52:11 PM |
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I wonder as of today how big or small is the penetration of BTC among the global population, in order to realise how much can the price of BTC can grow as more people is using it.
Does anyone know how many people or a % of the global population is using BTC???
Its hard to figure out how many percent of people is using bitcoin as of now. As far as i know only 10% of the global population is using btc i can tell that cause in my place were only 10 or less that knows bitcoin.
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Kevin77
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May 17, 2017, 01:31:42 PM |
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I wonder as of today how big or small is the penetration of BTC among the global population, in order to realise how much can the price of BTC can grow as more people is using it.
Does anyone know how many people or a % of the global population is using BTC???
This has been discussed in this forum many times regardless of that concluding on some rough estimation is the only viable solution in front of us. We can assume some 1% to 10% of world population must be aware of bitcoin ecosystem right now. In last six month, the awareness must has grown rapidly as media giving intensive coverage on bitcoins continuously as bitcoin prices are making news. Holding one satoshi cannot be a least eligibility criteria to define a person is using bitcoins. Even faucet users also might have some 100k satoshis. Still. it all about probability and combinations.
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machinek20
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May 17, 2017, 01:46:49 PM |
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Although there a lot of community from different countries but I predict it is only 1% from global population that used bitcoin, but like everyone said, it is impossible to know and count bitcoin users because there are no indicator that help us to calculate and most of the user identity is unknown or hidden
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Macai
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May 17, 2017, 02:32:00 PM |
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with 7.5 Billion global population and super many are not involve in social media so i don't think it reaches 10% merely 6-8% i think.. anyway it is still hard to tell.
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cipherer
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May 18, 2017, 08:46:27 AM |
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< 0,5% owe Bitcoin, >10% are aware of Bitcoin, > 80% who are aware are negative or don't understand.
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bryant.coleman
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May 18, 2017, 08:49:15 AM |
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< 0,5% owe Bitcoin, >10% are aware of Bitcoin, > 80% who are aware are negative or don't understand. It will be much less than 0.5% right now. Most of the surveys and studies have thrown out a figure of somewhere between 5 and 10 million users for Bitcoin, which broadly represent around 0.1% of the world population. But this is a huge improvement when compared to the situation we had in the late 2013 or 2014, when the number of users was less than 1 million.
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wuvdoll
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May 18, 2017, 10:11:43 AM |
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< 0,5% owe Bitcoin, >10% are aware of Bitcoin, > 80% who are aware are negative or don't understand. It will be much less than 0.5% right now. Most of the surveys and studies have thrown out a figure of somewhere between 5 and 10 million users for Bitcoin, which broadly represent around 0.1% of the world population. But this is a huge improvement when compared to the situation we had in the late 2013 or 2014, when the number of users was less than 1 million. The purpose of this types of discussion is people always want to ensure how quick they could become rich when considerable amount of people will be adopting bitcoins. It is really a great improvement what bitcoin has achieved since 2014. I believe higher prices will make people adopt bitcoin in more quicker pace. The chances for those 80% of people to be turning as bitcoin adopters is more as higher prices for bitcoin might convince them easily.
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cipherer
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May 18, 2017, 05:40:37 PM |
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< 0,5% owe Bitcoin, >10% are aware of Bitcoin, > 80% who are aware are negative or don't understand. It will be much less than 0.5% right now. Most of the surveys and studies have thrown out a figure of somewhere between 5 and 10 million users for Bitcoin, which broadly represent around 0.1% of the world population. But this is a huge improvement when compared to the situation we had in the late 2013 or 2014, when the number of users was less than 1 million. The purpose of this types of discussion is people always want to ensure how quick they could become rich when considerable amount of people will be adopting bitcoins. It is really a great improvement what bitcoin has achieved since 2014. I believe higher prices will make people adopt bitcoin in more quicker pace. The chances for those 80% of people to be turning as bitcoin adopters is more as higher prices for bitcoin might convince them easily. I believe so, i know it's decreasing, I was part of the 80-85%
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Armstand
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May 18, 2017, 05:49:08 PM |
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< 0,5% owe Bitcoin, >10% are aware of Bitcoin, > 80% who are aware are negative or don't understand. It will be much less than 0.5% right now. Most of the surveys and studies have thrown out a figure of somewhere between 5 and 10 million users for Bitcoin, which broadly represent around 0.1% of the world population. But this is a huge improvement when compared to the situation we had in the late 2013 or 2014, when the number of users was less than 1 million. The purpose of this types of discussion is people always want to ensure how quick they could become rich when considerable amount of people will be adopting bitcoins. It is really a great improvement what bitcoin has achieved since 2014. I believe higher prices will make people adopt bitcoin in more quicker pace. The chances for those 80% of people to be turning as bitcoin adopters is more as higher prices for bitcoin might convince them easily. Price really matters for all the possible adopters. Even how good the features of coin but if it's price is very cheap. No one will risk to invest on it. Bitcoin is just pulling investors because if it price surge.
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Vikingr
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May 18, 2017, 07:56:12 PM |
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I wonder as of today how big or small is the penetration of BTC among the global population, in order to realise how much can the price of BTC can grow as more people is using it.
Does anyone know how many people or a % of the global population is using BTC???
That is question is asked a few times on different platform that how much population of the world is using bitcoin and they want to know at least the percent of the users but the answer is not specific as no one in the world has the data that who is using it and who is not using it and that is because of its nature of anonymous.
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The_Dark_Knight
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May 19, 2017, 03:03:59 AM |
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I wonder as of today how big or small is the penetration of BTC among the global population, in order to realise how much can the price of BTC can grow as more people is using it.
Does anyone know how many people or a % of the global population is using BTC???
We have not a way to know that, since there are not statistics about that since the number of wallets is not an indication of the number of users but I think most people will be able to get at least 1 satoshi since it will always be very cheap.
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donbu7 (OP)
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May 22, 2017, 05:06:40 PM |
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I would say 10% of population known and at least own one satoshi, and I am assuming it because of the way the price of BTC has increase in the last 10 days.
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stompix
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May 22, 2017, 08:23:10 PM |
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I would say 10% of population known and at least own one satoshi, and I am assuming it because of the way the price of BTC has increase in the last 10 days.
with 7.5 Billion global population and super many are not involve in social media so i don't think it reaches 10% merely 6-8% i think.. anyway it is still hard to tell. There are only 200 millions transactions in the blockchain. That would imply that at max 3% of the world population has done once and only once a bitcoin transaction,
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Sled
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May 23, 2017, 03:52:38 AM |
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We can't really tell how many people are using bitcoin but for sure there is a lot already and having 1 satoshi is a very easy task for them and for sure all bitcoin users already have 1 satoshi in their wallet. The only concern in our world is how to grow the numbers of bitcoin users and not the owners of 1 satoshi. If we will just keep promoting bitcoin then it will be easy to see a lot more bitcoin user.
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