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Author Topic: Approximate number of bitcoin owners in India  (Read 1359 times)
rohnearner (OP)
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August 02, 2014, 09:46:37 AM
 #1

 Any rough Idea about how many Indians own 1or more Bitcoin at this point of time ..?
My guess will be not more than 1000. Correct me if I'm wrong.

And number of Indian member registered on bitcointalk , who are active at least once a month.

polynesia
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August 02, 2014, 03:26:42 PM
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According to the author here, ~5000
http://articles.economictimes.indiatimes.com/2014-08-01/news/52327478_1_satoshi-nakamoto-bitcoin-owners-bitcoin-payments
rohnearner (OP)
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August 02, 2014, 06:49:41 PM
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He also claims that there will be 21million bitcoins in  market by 2020. Don't understand how is that possible.

Benson Samuel
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August 02, 2014, 09:07:53 PM
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He also claims that there will be 21million bitcoins in  market by 2020. Don't understand how is that possible.

This is after 2 years of research. lol

Quote
The Bitcoin algorithm produces 12 Bitcoins every few hours and it is designed so that the total number of Bitcoins will never exceed 21 million, which it should reach by 2020.

TrailingComet
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August 03, 2014, 02:28:07 AM
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I think maybe 10k or thereabouts
Certainly not much more than that

rohnearner (OP)
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August 03, 2014, 07:28:05 AM
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This is after 2 years of research. lol
Quote
The Bitcoin algorithm produces 12 Bitcoins every few hours and it is designed so that the total number of Bitcoins will never exceed 21 million, which it should reach by 2020.
Feel pity for him, and his book.
No wonder he portrayed bitcoin as a villain in his book :p

polynesia
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August 03, 2014, 09:56:21 AM
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Feel pity for him, and his book.
No wonder he portrayed bitcoin as a villain in his book :p

It might just turn out to be a best-seller.
No correlation between content and number of copies sold.
I am sure our Bollywood stars would agree.  Wink
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August 03, 2014, 01:13:24 PM
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Feel pity for him, and his book.
No wonder he portrayed bitcoin as a villain in his book :p

It might just turn out to be a best-seller.
No correlation between content and number of copies sold.
I am sure our Bollywood stars would agree.  Wink

True... This is what annoys me, that such half witted information is going to sweep some people off their feet.
And then, we go through the ordeal of explaining it again across India Sad

Coming from the Dell experience, tbh...

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August 03, 2014, 02:58:00 PM
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I plan to download a pirated ebook once this releases, just to see what is in it.  Grin
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August 10, 2014, 09:54:29 AM
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I plan to download a pirated ebook once this releases, just to see what is in it.  Grin

If u get a pirated copy, please get it available on torrent and provide the seed here.  Wink

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January 15, 2018, 07:09:08 PM
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Unocoin recently published daily registrations grew upto 1 crore in last few weeks
neerajmittal
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January 17, 2018, 12:45:33 PM
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I plan to download a pirated ebook.He also claims that there will be 21million bitcoins in  market by 2020. Don't understand how is that possible. once this releases, just to see what is in it.
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January 17, 2018, 01:58:53 PM
Last edit: January 17, 2018, 02:11:31 PM by Subal_Damudar
 #13

Grossly inaccurate numbers. I know peepal (nearly 250 + contacts) who never register on here. But they have large stocks and buy and sell almost on weekly basis. This is since 2010. They never mine. And is hence hard to track. Almost impossible. Also, even understanding or knowing this information is no good for Bitcoin users.


I plan to download a pirated ebook.He also claims that there will be 21million bitcoins in  market by 2020. Don't understand how is that possible. once this releases, just to see what is in it.


Unocoin recently published daily registrations grew upto 1 crore in last few weeks


Would you dumb peepal tell me why you posted on a 4 year old post? What reason? None of this is relevant anymore. Go eat some fish, jog your brain a little. And think twice before digging up old threads.
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