In early November, brokerage companies Triad and Datatrek Research interviewed 317 institutional traders from New York on their attitude to the cryptocurrency market.
About 16% of the respondents suggested that within half a year the price of bitcoin will grow twice, another 27% of respondents believe that growth will go at a slower pace.
The people waiting for bitcoin to increase are not only the NewYorkers rather the millions of people all over the world who have n=one way or the other come across with bitcoin, believed in it and own some of it. A quick look at the speculation section of the forum would give a glimpse that the percentage of NewYorkers waiting are just a tip comapred to the ones we have on the forum here.
At the same time, 39% of respondents are convinced that bitcoin is waiting for the inevitable collapse, another 17% refrained from responding.
The percentage of people here is still quite high and I dont expect it to ave been happening in a country such as the United States and not even NewYork which is most likely the bedrock of every activities in the country. However, I believe its a gradual process and as we move to the next year, the percentage gets to reduce gradually.
Almost 31% of the respondents confirmed that they own bitcoin, the other 36% are going to buy crypto currency, 30% do not plan to invest in bitcoin. The remaining 1.5% of respondents, as it turned out, do not know anything about cryptocurrencies.
The percentage that have invested are the real believers which I am happy to be part of even though they are less than those who generally believes that bitcoin price will increase above (43% ie 16%+27%). For those who dont want to, its your loss in few months from now.
8% of traders said they invested in ICO, 29% of respondents only consider the possibility of investing, another 15% are ready to participate in token-calls only if there is additional regulation of this market by the state.
At the same time, the survey participants noted that for them the "founders and key employees", "the total volume of the target market" and the type of the token have the greatest influence when deciding to invest in ICO.
https://apibtc.com/en/blog/read/101For this set of people, we can only suggest that they are more careful in the investment decisions they want to make so as not to spoil the goodwill attached to crypto-currency.
