How many people were using bitcoin in 2017?

3 answers

• Mar 17, 2022 · 3 years ago
  In 2017, the number of people using bitcoin was estimated to be in the millions. It is difficult to provide an exact figure due to the decentralized nature of bitcoin and the anonymity it offers. However, various reports and surveys suggest that the user base grew significantly during that year. The increasing popularity of bitcoin as an investment and the rise of cryptocurrency exchanges contributed to the growth in user adoption. It is important to note that these estimates are based on available data and may not capture the entire user base.
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• Mar 17, 2022 · 3 years ago
  Back in 2017, bitcoin was gaining traction and attracting a lot of attention. While it is challenging to determine the exact number of users, it is safe to say that the user base was expanding rapidly. The increasing interest in cryptocurrencies, the media coverage, and the growing number of businesses accepting bitcoin as a form of payment all played a role in driving user adoption. It is worth mentioning that the user base has continued to grow since then, as bitcoin has become more mainstream.
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• Mar 17, 2022 · 3 years ago
  According to a report by BYDFi, a digital currency exchange, the number of people using bitcoin in 2017 was estimated to be around 6 million. This estimate is based on data from various sources, including blockchain analysis and user surveys. It is important to note that this is just an estimate and the actual number may be higher or lower. However, it provides a rough idea of the scale of bitcoin adoption during that period. The user base has likely grown significantly since then, as bitcoin continues to gain popularity worldwide.
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