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Author Topic: How many people have btc?  (Read 3963 times)
Pagoda.to
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December 04, 2018, 01:24:10 PM
 #21

my guess would be, if there are 1 million subscribers on reddit and let's say double that or triple that don't follow reddit then it's like 3-5 million people own bitcoin.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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December 04, 2018, 01:29:27 PM
 #22

The last statistical analysis put it to be  one percent of the world population own and use bitcoin, but I think the number might have increase by now as more and more people are getting to adopt bitcoin as their secondary currency and enjoying the total financial freedom that decentralization has to offers.
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December 04, 2018, 01:44:58 PM
 #23

Just to get an idea of how many people are using bitcoin.

No chance to discover that information. Who knows how many wallets each person has? Even if there would be a rough estimation on the number of wallets, there's no possibility to count the real number of people who that wallets belong to.
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December 04, 2018, 01:45:04 PM
 #24

Maybe more than tens of thousands of people out there have bitcoin and only a few have enough bitcoin and we usually refer to them as popes. It will be more difficult to guess because every day there is a demand for bitcoin transactions in exchange, so that bitcoin continues to move from one hand to another.

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December 04, 2018, 02:07:23 PM
 #25

I think that currently, we can only take the measure of localbitcoin as an example, and if I'm not mistaken  in Venezuela we were seeing a million users, maybe not much for a population of 30million, but is a lot compared to other similar technologies, surely I think there are more users of btc than PayPal in Venezuela right now.
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December 04, 2018, 03:37:48 PM
 #26

This is impossible to know. In the last months there have been around 400k-500k unique addresses used so that can tell you that less than that number are actively using bitcoin. But there are many coins in cold storage that have been untouched for a long time. I would speculate the true number is a few millions.
I agreed with what you said about knowing the total number of people which have bitcoin this days because the number have increased as of last year but we can still predict the number base on the result of the past bitcoin user record in the year 2016 which was  5.5 million and I think almost 20% of the world population now have bitcoin.

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December 04, 2018, 03:53:29 PM
 #27

when bitcoin is cheap now many are waiting to grab some now so many will be holding btc i think
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December 04, 2018, 03:58:25 PM
 #28

Just to get an idea of how many people are using bitcoin.
According to some reports and collected from many organizations related to Crypto statistics, about 0.5% of the world's population owns Bitcoin, which is an unofficial statistic. The blockchain is always in incognito mode, so there are not any official statistics on the number of Bitcoin owners.

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December 04, 2018, 04:50:45 PM
 #29

Intelligent People are holding their investment and waiting for good time but panic people are selling the coins and smart investors are buy that coins at very low price and it make the big profit in future.

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December 04, 2018, 05:05:00 PM
 #30

Some investors are buying for a longtime investment,while others use bitcoin on there day to business transactions other trade other coins and token to bitcoin also trading it to fiat currency.
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December 04, 2018, 05:45:51 PM
 #31

I do not think there are so many people in the world who own Bitcoin, as whales or trading platforms own most Bitcoins. Small traders and traders hold Altcoin instead of Bitcoin because it has more potential and is more profitable than investing in Bitcoin.

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December 04, 2018, 07:14:49 PM
 #32

Just to get an idea of how many people are using bitcoin.

It is impossible to know completely. But there are some websites and they calculate some statistics. And they know how many wallet has a BTC. But someone can have more than one wallet. And no one knows real number who has how many wallet.


For example: https://www.blockchain.com/charts/n-unique-addresses
How much the wallet is could be possibly counted, but how much people that own the wallet that have btc, we are never know. It impossible the detailed information can be found. Just wasting life time in digging it.
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December 04, 2018, 07:31:38 PM
 #33

Wow! What an old topic raised. Of course, in seven years the number of bitcoin holders has increased a huge number of times. And the most peak of purchases probably had a last and this year.
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December 04, 2018, 07:45:52 PM
 #34

Most people have dropped because of the btc price drop, the number of users is getting smaller, but there are still people who are holding and waiting for the btc price to rise to profit, some analyzes suggest that btc has very little use by people and that they are less and less performing transactions

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December 05, 2018, 10:34:18 AM
 #35

This is impossible to know. In the last months there have been around 400k-500k unique addresses used so that can tell you that less than that number are actively using bitcoin. But there are many coins in cold storage that have been untouched for a long time. I would speculate the true number is a few millions.
I agreed with what you said about knowing the total number of people which have bitcoin this days because the number have increased as of last year but we can still predict the number base on the result of the past bitcoin user record in the year 2016 which was  5.5 million and I think almost 20% of the world population now have bitcoin.

I feel as though a figure of 20% of world population is a wild over estimation. I suspect it's 1% or less. I think it's only something around 50% of the world population even have access to a computer. 1 in 5 people that I know are definitely not invested in to bitcoin and most people are know have a decent level of disposable income, a background in computing or finance, easy access to the internet.

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December 05, 2018, 10:53:13 AM
 #36

Many people use centralized wallets, exchanges or payment platforms that combine all means into a certain number of large wallets or cryptocurrency addresses, which further complicates the situation. The exact number of people using cryptocurrency cannot be determined.
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December 05, 2018, 11:36:12 AM
 #37

I even want to know about this but somehow the idea is we will never know how many people have bitcoin, there are even many bitcoins that have been lost (I mean those who have bitcoin and lose their private keys).

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December 05, 2018, 11:56:26 AM
 #38

As shown in this diagram -
https://www.blockchain.com/charts/n-unique-addresses?timespan=all
bitcoin is used by a little more than one million people all over the world. Imagine what opportunities and prospects Bitcoin will have in the event of an increase in active users!

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December 05, 2018, 01:53:36 PM
 #39

There is no definite answer to that question. I think they need to conduct a survey to know how many people are using bitcoin around the world.

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December 05, 2018, 02:07:05 PM
 #40

for now Bitcoin has become increasingly popular and some people have used Bitcoin as a side job or to get extra money. I think maybe all people in this world have made Bitcoin as a part of their lives. so far the development of Bitcoin has increaslyng good and some people already have Bitcoin or buy it. yeah Bitcoin users are getting more and more now.
Day by day the number of people who have bitcoin is increasing and I think it will continue on increasing because many people started to get interested in cryptocurrency especially in bitcoin. We all know that bitcoin has limited supply of 21 million and do you think every individual may be have any amount of bitcoin?
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