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Author Topic: Types of Bitcoin Users  (Read 3432 times)
pbleak (OP)
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April 14, 2016, 10:55:35 AM
 #1

https://medium.com/@paulennis/types-of-bitcoin-users-7ce1cfb2dbb4#.hz96pax2d

'There are many assumptions about Bitcoin users. Oddballs, fantasists, nerds, criminals, idealists and so on and so on. What are they actually like? Well some of these assumptions are true, but it is never as simple as that.

One of the simplest, but nonetheless effective, means of ascertaining who uses Bitcoin is to analyse Google Trends, as we find in Yelowitz and Wilson (2015). Although an imperfect method, since ‘search query need not imply active participation,’ Yelowitz and Wilson identify four types of broad Bitcoin users: ‘computer programming enthusiasts, speculative investors, Libertarians and criminals’ (2015, p. 1030). This very much fits the “expected” profile of a Bitcoin users and also closely fits the results of a 2013 survey of 1,000 Bitcoin users that ‘The average user is a 32.1 year old libertarian male.’ [Full disclosure, I am a 32 year old male, but not a libertarian as such. I am more a cypherpunk type]. The reasons for the appeal of Bitcoin are...'
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April 14, 2016, 12:02:21 PM
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I`m tired when the mainstream media demonizes bitcoin. That group analysis is true for any group, including their fucking audience. So what you will find all kinds of bad people that read even that newspaper.

This is a shitty article that serves nothing, but to demonize bitcoin. Stupid journalists!

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April 14, 2016, 12:08:14 PM
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I`m tired when the mainstream media demonizes bitcoin. That group analysis is true for any group, including their fucking audience. So what you will find all kinds of bad people that read even that newspaper.

This is a shitty article that serves nothing, but to demonize bitcoin. Stupid journalists!

i cant say it better, but you forgot 1 thing, maybe they just want to have some entries on google and that's why they have been written that stupid article without care about nothing more, in any case is sad to read those type of articles.
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April 14, 2016, 12:08:49 PM
 #4

This is so not true! I know that many high educated, weel established people are using Bitcoin. Media can publish anything they want without taking any responsibility.

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April 14, 2016, 12:12:03 PM
 #5

This is so not true! I know that many high educated, weel established people are using Bitcoin. Media can publish anything they want without taking any responsibility.
yes i agree with you. bitcoin is used by many educated people. and I believe bitcoin born for their smart thinking. it can not be denied !!
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April 14, 2016, 12:26:16 PM
 #6


I`m tired when the mainstream media demonizes bitcoin. That group analysis is true for any group, including their fucking audience. So what you will find all kinds of bad people that read even that newspaper.

This is a shitty article that serves nothing, but to demonize bitcoin. Stupid journalists!
I do agree with you that journalists will start to write shit when they are run out of ideas of what to write about Bitcoin.

Life sucks.
pbleak (OP)
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April 14, 2016, 12:31:51 PM
 #7

Dudes the 2013 survey cited was performed on *these* forums  Grin And reddit. The other one Google trends.
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April 14, 2016, 12:38:19 PM
 #8

I've used this forum since 2011 and that seems pretty accurate to me. Bitcoin has always been a magnet for radicals and scammers. They see new potential in bitcoin because these types of people think outside the box. The average boring person conforms with current standards never straying very far from the mainstream. Anarchists, radicals, libertarians, scammers, criminals, entrepreneurs, idealists, oddballs or whatever you want to call them exist outside the mainstream and are always searching for something new to further their agenda.

There used to be one other group that seems to have died out some. The something awful/buttcoin/professional troll crowd was at least a quarter of the forums membership at one point. Every other avatar you'd see was a my little pony character. Even the buttcoin foundation site hasn't had a new post since 2015. I see that as a very bad sign. When you aren't important enough to make fun of anymore - you're history.

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April 14, 2016, 12:45:16 PM
 #9

I've used this forum since 2011 and that seems pretty accurate to me.

But so what? Let's not generalize always. Any other forum can have the same amout of distribution of wild people. There are communist and nazi forums on the internet... why nobody exposes those people?

These types of news make the sheeps scared, and they will pee in their pants when they read news like this.

Then they wont join bitcoin. And these types of news hurt bitcoin's PR.



Too bad bitcoin is not a formal entity, otherwise we should ask for reparations, because they just clearly attack bitcoin's reputation.

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April 14, 2016, 12:50:47 PM
 #10

Good stuff, I was always a very "average bitcoiner" and from the article still am. Smiley

Liked the dark web/deep web stuff, many people get it wrong, even tech savvy ones.

pbleak (OP)
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April 14, 2016, 12:51:35 PM
 #11

I've used this forum since 2011 and that seems pretty accurate to me. Bitcoin has always been a magnet for radicals and scammers. They see new potential in bitcoin because these types of people think outside the box. The average boring person conforms with current standards never straying very far from the mainstream. Anarchists, radicals, libertarians, scammers, criminals, entrepreneurs, idealists, oddballs or whatever you want to call them exist outside the mainstream and are always searching for something new to further their agenda.

There used to be one other group that seems to have died out some. The something awful/buttcoin/professional troll crowd was at least a quarter of the forums membership at one point. Every other avatar you'd see was a my little pony character. Even the buttcoin foundation site hasn't had a new post since 2015. I see that as a very bad sign. When you aren't important enough to make fun of anymore - you're history.

Indeed, a massive part of this forum is its Wild West-ness barely moderated vibe.
pbleak (OP)
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April 14, 2016, 12:52:22 PM
 #12

I've used this forum since 2011 and that seems pretty accurate to me.

But so what? Let's not generalize always. Any other forum can have the same amout of distribution of wild people. There are communist and nazi forums on the internet... why nobody exposes those people?

These types of news make the sheeps scared, and they will pee in their pants when they read news like this.

Then they wont join bitcoin. And these types of news hurt bitcoin's PR.



Too bad bitcoin is not a formal entity, otherwise we should ask for reparations, because they just clearly attack bitcoin's reputation.

Well it comes down to the data. The first few lines are a bit over-the-top, but the break down is what flowed from the survey and Google Trends so this is what this community said they were when analysed. I actually think it reads pretty fairly especially if you go down toward the end.
pbleak (OP)
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April 14, 2016, 12:52:38 PM
 #13

Good stuff, I was always a very "average bitcoiner" and from the article still am. Smiley

Liked the dark web/deep web stuff, many people get it wrong, even tech savvy ones.

Me too, the hat fits me for sure.
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April 14, 2016, 01:00:40 PM
 #14

https://www.youtube.com/watch?v=QQhVwBESulM

So true in my opinion. Some people believe in bitcoin and recognize the potential value of that coin in future, I'm one of them. I don't think I belong to any specific type. Just ordinary guy, with ordinary life trying to make things easier and nicer.



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April 14, 2016, 01:06:22 PM
 #15

This is so not true! I know that many high educated, weel established people are using Bitcoin. Media can publish anything they want without taking any responsibility.
yes i agree with you. bitcoin is used by many educated people. and I believe bitcoin born for their smart thinking. it can not be denied !!

Indeed for the beginning that people don't have any knowledge about bitcoin or still less. But the most pf bitcoin user os active in internet, it makes they can learn about bitcoin easily.

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April 14, 2016, 02:31:13 PM
 #16

I think, except for believing in the potential of bitcoin, a bitcoiner is just like another non-bitcoiners, including those who hate bitcoins.
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April 14, 2016, 02:41:38 PM
 #17

https://www.youtube.com/watch?v=QQhVwBESulM

So true in my opinion. Some people believe in bitcoin and recognize the potential value of that coin in future, I'm one of them. I don't think I belong to any specific type. Just ordinary guy, with ordinary life trying to make things easier and nicer.

Yes, it's the same for me, and I think for the most BTC users here.
We are not special at all, and it's difficult to put us in some categories.
We are probably mix of all this 4 types Smiley
It's wrong that some people talk and giving opinions about something they don't understand fully.
If they did some serious research, than, maybe, their opinions will be relevant.



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April 14, 2016, 02:44:47 PM
 #18

Again I just want to stress the research in the piece comes from a survey conducted here in 2013  Grin

That means how people are represented in the article is derived from how the people here see themselves.
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April 14, 2016, 03:17:50 PM
 #19

the basic types of investors are the same as on any currency market:

- speculators / traders
- investors / savers
- people who use bitcoins for transfers
- people who use bitcoins for payments

BitMarket.net- Europe's most advanced cryptocurrency exchange
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April 14, 2016, 03:30:17 PM
 #20

Again I just want to stress the research in the piece comes from a survey conducted here in 2013  Grin

That means how people are represented in the article is derived from how the people here see themselves.

Yeah, bitcoiners have changed since 2013. Fewer criminals, fewer traders, now mostly third-worlders spamming sigs & gambling away their 'earnings' on bitcoin dice sites.
Progress.

Indeed, imagine doing that survey now. We'd have so many people just responding with those random 'clearly in a sig campaign' responses that effect so many threads here. Gambling, ack.
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