Poll reveals 2% of American investors own Bitcoin

[blackrain321]

If it is only 2% in America then it astounds me to even think how much it will be in other countries. This result shows that there are still huge possibilities with Bitcoin. With the recent news of various countries accepting BTC, SEC delaying the hearing for Bitcoin ETF I think more people will get interested which in turn will help the percentage to increase.

[ZAROBLYATOR]

It is amazing results for new class of asset. The more people use and hold Bitcoin and other cryptocurrencies, the more trust to industry! I hope that one day this number will be higher than 20-25%.

[niteroy]

This is the natural course of events, all professional investors diversify their risks and Bitcoin is for them one of the tools for diversifying risks and investing. Now many new venture funds are being created aimed at cryptocurrencies, so it's no surprise that investors are increasing their crypto portfolios.

[ivrynx]

Well there is nothing new here, if you really are an investor, you will not go by hearsays, rather you will test it on your own and will not hesitate, since you know what you are doing from the very beginning and gaining proft from cryptocurrency is still profir and not just a waste of time.

[Flowerbiuq]

2% is not a very precise proportion. It must be underestimated. In the United States, there are a large number of young people holding bitcoins and other coins, and the proportion will rise rapidly in the future.

[wxa7115]

A recent Gallup poll shows the early adopters of Bitcoin among American investors.

2% might not sound like it's a lot but it's a very good start for such a new investment category. The question is what else needs to be done to get that 2% number higher?

You can read about the poll and the other results of the survey here: https://bitcoinist.com/quarter-us-investors-intrigued-bitcoin-poll/

This is important, 2% does not sounds like much but it is huge,  the adoption has not reached 1% of the human population but in the US 2% already adopted bitcoin, this is important because countries in which the standards of living are higher can afford to invest in new technologies like bitcoin, so as long as we get countries like the US, Canada, Japan, The EU and China the market of cryptocurrencies will get access to most of the money of the world.

Now about what we can do to make that percentage higher, the truth is we cannot do much, a pool that I saw some time ago said that most young people knew about bitcoin already so what we need is to wait and for the day young people get good jobs and money and then they decide to invest most of their money in bitcoin and not in traditional investments.

[worldofcoins]

To be honest, it is really hard to accept the fact that only 2% of them owns BTC. In my opinion, the number is heavily understated for some reason. Even if the survey result is accurate, there can be a huge rise in number given that the next few hearings on Bitcoin ETF goes in favor of the crypto community. Many big investors are likely to join the market and the number will increase too.

For some reason, I too have the impression that the number is not representative of the true BTC owners because I have the feeling there are a lot more investors than we actually can think of, which is good.

[vy99]

A recent Gallup poll shows the early adopters of Bitcoin among American investors.

2% might not sound like it's a lot but it's a very good start for such a new investment category. The question is what else needs to be done to get that 2% number higher?

You can read about the poll and the other results of the survey here: https://bitcoinist.com/quarter-us-investors-intrigued-bitcoin-poll/

This is important, 2% does not sounds like much but it is huge,  the adoption has not reached 1% of the human population but in the US 2% already adopted bitcoin, this is important because countries in which the standards of living are higher can afford to invest in new technologies like bitcoin, so as long as we get countries like the US, Canada, Japan, The EU and China the market of cryptocurrencies will get access to most of the money of the world.

Now about what we can do to make that percentage higher, the truth is we cannot do much, a pool that I saw some time ago said that most young people knew about bitcoin already so what we need is to wait and for the day young people get good jobs and money and then they decide to invest most of their money in bitcoin and not in traditional investments.

I think we can do some things to make that number higher. We can encourage vendors to take Bitcoin, we can encourage people to use Bitcoin as a currency, and we can welcome "noobs" that want to learn about Bitcoin instead of making the whole thing an exclusive club.

[abbywem]

Not sure how accurate that pool is.  Seems like fake news.  I'm hopeful a lot more people are involved than 2%.  If it's true there is a ton of room for growth.  Either way the future is looking good for BTC.

[jcarlo]

A recent Gallup poll shows the early adopters of Bitcoin among American investors.

2% might not sound like it's a lot but it's a very good start for such a new investment category. The question is what else needs to be done to get that 2% number higher?

You can read about the poll and the other results of the survey here: https://bitcoinist.com/quarter-us-investors-intrigued-bitcoin-poll/

2% from american investor is not too bad because cryptocurrency market is still new market and still not regulated by SEC. I am believe if SEC approve ETF, american investor will be more to invest their fund on cryptocurrency

[Spaffin]

A recent Gallup poll shows the early adopters of Bitcoin among American investors.

2% might not sound like it's a lot but it's a very good start for such a new investment category. The question is what else needs to be done to get that 2% number higher?

You can read about the poll and the other results of the survey here: https://bitcoinist.com/quarter-us-investors-intrigued-bitcoin-poll/

That is, of the total number of people interviewed in the US, those who own a crypto currency, only 2 percent have bitcoin. The remaining 98 percent have altcoyins. This is less than one percent of the country's population. Apparently, the propaganda of state bodies that investing in bitcoin is very risky has worked. It will take time to correct the situation. In practice, in this situation with bitcoin in the US, this market is still without the use of bitcoin.

[ETHtotheMOON1]

A recent Gallup poll shows the early adopters of Bitcoin among American investors.

2% might not sound like it's a lot but it's a very good start for such a new investment category. The question is what else needs to be done to get that 2% number higher?

You can read about the poll and the other results of the survey here: https://bitcoinist.com/quarter-us-investors-intrigued-bitcoin-poll/

If it's only for the investors, it's really low number. 2% of all americans would be much better. But still, it's a start, we all need to work hard to promote bitcoin and make it more widespread

[Ava Duvall]

There are several things can be done to increase participation. Like a lots of positive promotion and success stories are needed. And i think the whole process is need to be easy.

I fully agree!an easy process will attract more people.

[wxa7115]

I think we can do some things to make that number higher. We can encourage vendors to take Bitcoin, we can encourage people to use Bitcoin as a currency, and we can welcome "noobs" that want to learn about Bitcoin instead of making the whole thing an exclusive club.

It is not a bad idea but things are never so simple, if you need to encourage vendors to accept bitcoin then this means that bitcoin is no bringing them a lot of benefits, what it needs to happen for vendors and business owners to begin to accept bitcoin as a currency in their businesses on their own is that enough people are demanding to use bitcoin as a payment option, they need to see that they are losing money by not accepting bitcoin.

And that will only happen once there is enough people using the bitcoin network and for that to happen we will need to solve the scaling problem, something that the developers are already working but that is going to take some time before it's fully resolved, so until that day we can only wait.

[HenryHope]

They can not investigate the number of Bitcoin owners in the United States. But, this scene can change dramatically if the SEC punishes bitcoin ETF. The data however, looks depressing as of now. 2% is less ridiculous than some surveys but does not tell us the proportion of the US population is an investor. It's time to leave the story "literally nobody has ANYTHING" right now. I can also believe that 1% of all Americans have some now.