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Re: Bitcoin is steadily increasing right?
by
boxabl
on 30/08/2017, 18:56:44 UTC
I think we are still looking at low price compared to the long term potential of Bitcoin. I mean what 2-3% of the population are aware of Bitcoin and maybe even less own it? Once we hit 10% I think we are going to be off to the races!

I think your estimates are on the high side. Most recents estimates on the total number of people who own any bitcoin at all is something less than 1/50th of a % of the population.

https://bitcoin.stackexchange.com/questions/50849/beginning-2017-what-estimate-of-individuals-own-bitcoin

As for how many are aware of it, that's even harder to estimate, but I'd be very surprised if it's 2-3%. That many may have heard the term 'bitcoin', but I'd guess it's more like 1/100 or less who actually have an awareness of what it is in reality.