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Smorodsky
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April 11, 2018, 01:13:08 PM
 #1

Social experiment: those people who are tokenholders have higher IQ than people who refuse cryptocurrency

Cryptocurrency platform Midex made an experiment to find out the correlation existence between people’s intelligent index and their attitude to the cryptocurrencies and blockchain-technology.

As a result, the average IQ index of the first group, who are tokenholders was 102,4 and for the second group this index amounted to 100,3. The difference between the two groups was only 2.1 points — but according to Eysenck's classification, these are different levels of meaning.

The average score of the first group is the average level of intelligence (from 91 to 100), the second group — a high level of average indicators (from 101 to 110).


What do you think?
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April 11, 2018, 02:33:45 PM
 #2

What was the average IQ of the people that invested in Bitconnect?

And I'm saying "was" because probably most of them are a lot smarter now.Maybe that's the reason why tokenholders are becoming that smart....


Tooevilforyou
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April 11, 2018, 02:39:53 PM
 #3

IQ does not matter for when greed overtakes a person which is why so many people fell for the bitconnect scam. They believed that they could make so much money in such little time.
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April 11, 2018, 03:15:15 PM
 #4

I believe you have to make mistakes, to learn from those mistakes. The people investing in Crypto currencies are risk takers,

they are not dumb because they take higher risks. When some of these people invest in Ponzi schemes, they knowingly

do this, because they want high returns. Some of the Ponzi scheme operators know this and they design these Ponzi's to

draw in the intellectuals. They need to fool recognisable people into believing that it is real, because they are the people, who

other people will look up to. They might think, "If Dr. Joe is invested, it cannot be a scam" ....so they follow these people's

example... and they get burned.  Roll Eyes

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May 22, 2018, 01:26:20 PM
 #5

IQ does not matter for when greed overtakes a person which is why so many people fell for the bitconnect scam. They believed that they could make so much money in such little time.

Ironically, those who invested in Bitconnect are probably going to invest in more scams again, without doing their research and confirming whether or not those are scams, apparently not learning their lesson. They are 'token holders' though, so what does that imply about their IQ?
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May 22, 2018, 02:18:37 PM
 #6

Are there any details on the sample size of the study? Does it specify which IQ test was taken to determine the scores? Need a lot more information to be able to draw conclusions with any real value.
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May 22, 2018, 02:24:30 PM
 #7

Social experiment: those people who are tokenholders have higher IQ than people who refuse cryptocurrency

Cryptocurrency platform Midex made an experiment to find out the correlation existence between people’s intelligent index and their attitude to the cryptocurrencies and blockchain-technology.

As a result, the average IQ index of the first group, who are tokenholders was 102,4 and for the second group this index amounted to 100,3. The difference between the two groups was only 2.1 points — but according to Eysenck's classification, these are different levels of meaning.

The average score of the first group is the average level of intelligence (from 91 to 100), the second group — a high level of average indicators (from 101 to 110).


What do you think?
I am very glad that I have many cryptocurrencies. This make sense because the users here in the forum are unconsciously learning just by reading sensible posts and being curious. I admit that I often google something that I can't relate in a post so that I can understand it well. Also, I was shock that Midex did this experiment.
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May 25, 2018, 11:37:36 AM
 #8

I would easilly agree, because higher inteligence people dont fear to try something new and invest withous seeing an instant results

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stompix
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May 25, 2018, 11:45:17 AM
 #9

IQ does not matter for when greed overtakes a person which is why so many people fell for the bitconnect scam. They believed that they could make so much money in such little time.

Sorry but if your IQ doesn't help you when you chose on what color to cross the street the I guess you can call it useless.
A person with a high IQ should understand what a scam is and should also be able to evaluate the risk and control his greed.

If the IQ means only you're able to solve puzzles faster than your friends, then it's kind of an useless indicator, right?

Are there any details on the sample size of the study? Does it specify which IQ test was taken to determine the scores? Need a lot more information to be able to draw conclusions with any real value.

Quote
The experiment was passed by people who have absolutely polar position about perspective of cryptocurrency in the modern world. There were 1000 people from 7 different European countries (Spain, France, UK, Germany, Poland, Russia, Estonia). So, participants were divided into 2 identical groups.
Ergo, both groups passed D. Eysenck’s classical IQ test.

Also there is one interesting fact:

Quote
However, it’s interesting to note that the first group had comparatively smooth results, while for the second group the amplitude of the difference was relatively large. The record result was 139 points and a kind of anti-record – 82 points.

So although the average IQ of the tokenholders group was higher, the second group had individuals which scored far better than the ones in the first group, it's just that their average was worse.

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May 25, 2018, 12:15:18 PM
 #10

I don't think there is a correlation between ones IQ and the use of new technology like cryptocurrency. What was the IQ of those that knew mobile phones usage  at inception and those from developing countries that never used mobile phones? With time, both develop and developing nations are all conversant with phone use. Is the same applies to crypto. Very soon everyone will come to crytpo regardless of iq.

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neliawesome
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May 25, 2018, 12:27:44 PM
 #11

I dont think being involved in cryptocurrency had more higher IQ than those who dont.Its just people have different perception.We are just what we called risk takers/ opportunity seeker while the other side have different story.Like they just dont wanna take a risk or maybe they just dont have an interest in this stuff.
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May 25, 2018, 12:44:50 PM
 #12

should be made in the comparison material is a token holder with a quick seller, in my opinion it makes more sense.
because the two groups I mean are in the same position but the actions are different, there are times when holding tokens is a smart move to reduce losses but some are taking quick action to reduce losses and then buy back at low prices to get bigger profits.
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May 25, 2018, 01:07:56 PM
 #13

I think the social experiment is right. Because most tokens Holder can certainly see the opportunity to make himself successful in every line. Although not entirely true. But, I see some of my friends who are token holders, have easy thinking to understand something.

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Mr.Dick
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May 25, 2018, 01:23:00 PM
 #14

there's a saying: never believe a statistic you did not fake by yourself... honestly I do not think this one is representative, ever heard about p-hacking?
The only reason for what I am putting this in is becaus we all want to believe to be smarter, no offense.

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June 01, 2018, 09:54:21 AM
 #15

I think that the level of intelligence gives different levels of understanding kriptovalyut, and ponyamnie this important point in one way or another.
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June 01, 2018, 10:25:27 AM
 #16

To my mind I can't seem to put together this so that I understand and accept in fully that this is the case. I don't care about my IQ but do we know how may people took the experiment? Because we see daily that some people don't think clearly while trading/investing even falling the scams so IQ doesn't seems to matter much if you are not able to control your emotions. First time I hear about such experiment and it sounds interesting.

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June 01, 2018, 10:34:08 AM
 #17

Well in my opinion, it is somehow correlated, because it clearly shows that the thinking ability of the cryptocurrency holders have a higher decision making percent, simply because he/she use its brain capacity to decide when to buy and sell, choosing the correct project join or to invest in. Contrary to those people who are not cryptoholders because they close minded and didn't believe the technology.
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June 01, 2018, 12:53:33 PM
 #18

What was the selection size used for that experiment? These 2 points still look within the margin of error. Can it be due to the fact of that crypto often attracts people with mathematical inclinations?

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July 30, 2018, 07:19:33 PM
 #19

The results seems very close.  That is a minute difference  and may be statistically non determining.  I do know we are much better looking than the individuals not using crypto.  By a large margin I may add. 

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August 01, 2018, 04:08:59 PM
 #20

haha i am proud to be the token holder, but if i follow the test maybe 80 value is more suitable for me
but what is the connection of IQ with crypto? why do they judge by IQ?



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