[2017-12-30] Surveys: 73% of Russians Will Increase Crypto Investments

[Terraformer]

A recent survey shows that 49% of Russians want to receive cryptocurrency as gifts, with a large percentage specifying bitcoin. As cryptocurrencies grow in popularity, another survey reveals 73% of Russian investors expect to increase their cryptocurrency holdings next year.

49% Want Crypto Gifts

Russian technology portal Hi-Tech Mail conducted its traditional pre-New Year’s poll on what gifts Russians want to receive. With over 20,000 respondents participating, the company found:

"When answering the question about the desire to receive a cryptocurrency as a gift, the opinions of the respondents were equally divided: 29% [said they] would be happy with such a prospect, another 20% specified that it must necessarily be bitcoin."

Meanwhile, 51% of respondents said they prefer to receive something else such as smartphones and other gadgets.

73% to Increase Crypto Holdings Next Year

Interest in cryptocurrency has been growing in Russia. A global survey of 700 crypto investors conducted in November by Waves Platform indicates that, globally, 27% of investors believe that Japan will become the global leader in cryptocurrencies next year.

According to Waves’ Gleb Kostarev, 15% believe that Russia will take lead and the same percentage believe South Korea will. 14% believe the US will be the leader in this field.

Among Russian respondents, 39% believe that Japan will take the lead. 32% believe Russia will and 12% believe it will be the U.S.

Furthermore, almost 89% of all surveyed Russians purchase cryptocurrencies as long-term investments, Financial One reported. Only 24% invest for short-term gains while 22% invest out of interest.

Citing that 59% of domestic crypto investors consider the risk of losing funds to be moderate, and 25% consider it high, Waves’ CEO and founder Alexander Ivanov was quoted by the publication:

"Despite the fears of many experts about the formation of a bubble in the market of cryptocurrencies, Russians do not intend to reduce their investments in this type of asset. 73% of respondents noted that in the coming year they will increase their cryptocurrency investments."

Meanwhile, the central bank and the finance ministry submitted the bill to regulate cryptocurrencies and initial coin offerings (ICOs) in Russia on Thursday. The bank refuses to recognize bitcoin as a means of payment and the finance ministry proposed considering it “other property.” The bill is expected to be adopted in March.

https://news.bitcoin.com/surveys-73-of-russians-will-increase-crypto-investments/

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[Kemarit]

I like the total atmosphere of Russians as far as crypto is concern and we all know for a fact that there are a lot of Russians who are into crypto's like Vitalik and most of the ICO's comes from them. However, as much as we appreciate them being really active and a "driver force" behind some cryptos, the government is on the opposite side of the spectrum. I will continue to hold my belief that the Russian government is anti-crypto's. They are following China's footsteps on a total restrictions on crypto's because they have something that they can't get control of it. That's why they have their own government back crypto's, however, their citizens don't want to invest on that not only its centralized, but the huge tax imposed on them. It's going to be a hard battle for the Russian's crypto community to stay one step ahead of their government, but just like China they will find a way to trade if Russia decided to put the hammer ban as well.

[davis196]

Intersting info,but people`s opinions doesn`t matter.The most important thing is will the russian government let the people to own cryptocurrencies or it will ban them(or will it create a state backed crypto that will try to replace them).If a big crash happens in the cryptocurrency markets during the next few months,i think that most of the people in the world,including Russia,will change their minds.

[Slow death]

Intersting info,but people`s opinions doesn`t matter.

In fact the opinion of people matters a lot, the government is made up of people. So the opinion that matters will be the opinion of members of the party that governs the country, that is the only opinion that matters... If the members of the party that governs Russia are favoring bitcoin then they can accept bitcoin. But here is the question of how these members of the political party have enriched themselves and want to maintain their control over the Russian population. The Bankers are against bitcoin, the owners of oil companies are also against bitcoin, the owners of mining companies are also against bitcoin. The Russian Millionaires enrich themselves by making war in other countries and they have Putinism. for someone like putin who wants to have control of everything, will not accept bitcoin that is pseudo anonymous in his country.