Bitcoiners' Demographic over years

[tranthidung]

All of the details and figures in this topic are secondary data, from third-party articles. I am not sure about their validity. I collected them and brought them here firstly for my self-reference in the future and lastly for you to read (if you've not known them yet)


2013
See the article ^[1]

• 96% is male
• Average age is 32.7

2015
See the article [2]

• Sample size: ~ 4000 responses
• 19-24: 16.53%
• 25-34: 39.4%
• Male: > 90%

2017
In the article was published in August 2017 ^[3], but the infographic is from a survey from 2013 to 2015 (?) shows:

• 39% of bitcoin users are young adults, ages from 25 to 34.
• More than 90% of them are male.

2019
See the article [4]
The propensity to purchase Bitcoin increased compare to the same data for 2017 and it seems more older guys intend to invest in Bitcoin.

Despite the bear market, the percentage of people that indicated they are ‘very’ or ‘somewhat’ likely to buy Bitcoin in the next 5 years rose by nearly half — from 19% in October 2017 to 27% in April 2019.

Another article in 2019 [5] says

• 18-24: 9.34%
• 25-34: 47.95%
• 55-64: 3.34%
• Male: 90.09%

2020
The article [6, detailed data is unknown] shows the trend is shifting to older population and more females are engaged in crypto community.

Traditionally, our users have been 25 to 45-year-old men, but that changed this year. We started to onboard in greater numbers 55-year-olds and into early retirees," she said. More women are starting to trade the currency too.

Addtionally, if you check the current statistics, the trend is growing to older stratification of the population. Check it with Coin.dance/stats

I will input data and make bar charts for last pie charts (you can see differences better with bar charts rather than pie charts).

References

[1] https://www.zerohedge.com/news/2013-03-10/demographics-bitcoin
[2] https://www.coindesk.com/new-coindesk-report-reveals-who-really-uses-bitcoin
[3] https://cointelegraph.com/news/bitcoin-users-who-they-are-and-what-they-do
[4] https://medium.com/blockchain-capital-blog/bitcoin-is-a-demographic-mega-trend-data-analysis-160d2f7731e5
[5] https://bitcoinist.com/google-analytics-bitcoin-demographics/
[6] https://www.brisbanetimes.com.au/business/markets/this-time-it-s-different-bitcoin-eyes-new-all-time-high-as-big-money-piles-in-20201119-p56g3d.html

[tranthidung]

Bar chart for bitcoiners' demographics in 2019 and 2020 (data is taken from Coin.dance)

Ignore the validity of data (from online secondary data), the chart shows increases in following age groups: 18 - 24 (from 9.34% to 16.65%), 45-54 (from 9.6% to 10.8%), 55-64 (from 3.34% to 6.59%) and 65+ (from 1.43% to 4.45%).

It is amusing to see more and more old people have interests in or own bitcoin.

[Walterhank]

This is quite useful information especially the persona which shows who is using bitcoin. Seems like the most users are millennials. I wonder if there is some data on how much each age group is invested in crypto.