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Author Topic: People with most bitcoins should be in their 20's by now  (Read 1063 times)
jrrsparkles
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December 22, 2018, 12:17:51 PM
 #41

Bitcoins have been over a couple of hundred dollars for more than 5 years now. Kids can only get so many by mining. Don't imagine too many teenagers have 10+ bitcoins without family help in getting them.

Bitcoin is maturing, and so are its holders.


Alts are probably a different story
AGe is not a barrier to reach any milestone but generally teenagers depent on the parents for their needs so they maybe asking for their parents help to buy some bitcoins but the early investors and miners can hold more amount of bitcoin who maybe reaching 30's in the real soon since bitcoin is already a decade old.









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Andruha1993
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December 27, 2018, 10:38:41 AM
 #42

I look at my city and I can say that BTC holders are around 25 to 40 years old. I have not yet met people who are less than 20 years old and they have Bitcoin.
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December 27, 2018, 10:45:13 AM
 #43

I also agree. because at the age of under 20 years it is time for them to gain higher education and education both in world science or religion. if they invest in the digital world of bitcoin. will definitely make them very busy

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December 27, 2018, 11:32:31 AM
 #44

I don't know the exact data to figure out the age between bitcoin users but i think dominate age still between 30 to 40 and i was never heard there was teenagers having more than 1 btc however it's difficult to guessing the age of bitcoin users and i think all of it only pure of speculation
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December 27, 2018, 03:01:31 PM
 #45

Bitcoins have been over a couple of hundred dollars for more than 5 years now. Kids can only get so many by mining. Don't imagine too many teenagers have 10+ bitcoins without family help in getting them.

Bitcoin is maturing, and so are its holders.


Alts are probably a different story

I think people with most bitcoins are on the range of late 20s to 30s because the youngster nowadays can catch up to the oldies especially in terms of technology advancement. The most bitcoins holder cannot be seen in age as long as you manage well your coins and keep on engaging and studying it you have a potential to possess more of it.

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December 27, 2018, 08:54:29 PM
 #46

Cryptocurrency attracts a lot of teenagers. Because it's an easy way to make money. Young people are more adapted to technology and they are better versed in this and quickly adapt to something new.
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December 27, 2018, 10:08:25 PM
 #47

Bitcoins have been over a couple of hundred dollars for more than 5 years now. Kids can only get so many by mining. Don't imagine too many teenagers have 10+ bitcoins without family help in getting them.

You can not for sure judge the set of people who have the most bitcoin for sure, except you actually carried out a research on this. For me I like to think that those who even hold a meaningful amount of bitcoin as early adopters were risk takers who just wanted to gamble with the little the could afford to lose.
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December 27, 2018, 11:03:12 PM
 #48

I don't imagine teenagers have +1 BTC to be honest, where would they get them from?
Asking their parents to withdraw part of their savings?

Okay, they might have been able to buy some through a holiday job or whatever, but they're teenagers.
They probably spend most of that money on other stuff, like a car (in the US) or on a holiday with their friends perhaps.

I remember reading lots of posts by teenagers mining Bitcoin in 2012 with their GPUs for some extra cash even though they had no idea what it's purpose was, so you never know. I doubt that many of them held on to their coins through all these years unless they were believers though.
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December 27, 2018, 11:12:30 PM
 #49

I'm on the line of 20's so I can say that OP is correct that most bitcoin holders are from 20's - 30's. But its better to say that most of us are into 20's and above, not skipping the young at hearts.

And as for the alts, I think there are kids that are into it because of its "cheaper" price which the kids can easily avail it. And you know kids, they like to see thousands of numbers on their holdings rather than the quality of a coin.

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December 27, 2018, 11:16:11 PM
 #50

Bitcoins have been over a couple of hundred dollars for more than 5 years now. Kids can only get so many by mining. Don't imagine too many teenagers have 10+ bitcoins without family help in getting them.

You can not for sure judge the set of people who have the most bitcoin for sure, except you actually carried out a research on this. For me I like to think that those who even hold a meaningful amount of bitcoin as early adopters were risk takers who just wanted to gamble with the little the could afford to lose.
I agree.I think the early adopters have more bitcoins at the moment with their ages from 30 to 40.But i don't think young ones at their 20's might have more interests on mining.Their minds are still focused with fancy things around.Unlike family men who really strive hard to have a bright future for their kids and so their focus might be on mining bitcoins.

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December 27, 2018, 11:50:46 PM
 #51

I also think that most bitcoin millionaires are young people. Young people are more attracted to various new technologies and they are more interested in it. I would also be interested to know the demographics of bitcoin holders. I think the average age of the holders will be 25-30 years.

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December 28, 2018, 12:29:11 AM
 #52

I'm not so sure if there are teenagers who have bitcoin until 10+ ... most teenagers spend their money to have fun with their friends ... those who have bitcoin are usually adults over 35 years old ...
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December 28, 2018, 02:05:34 AM
 #53

Most are probably on their 30s and 40s, especially those with prior interests in cryptography and a digital cash system (Nick Szabo, Hal Finney and others, just to name a few). While the majority of those with interests in crypto are in their 20s, it's undeniable that those whales are somewhat older, due to their money and experience in the field. It'll be cool to know the demographics of bitcoin users but then again, that goes against 'privacy' and some statistics regarding age groups of bitcoin users may somewhat be unreliable.
Yeah of course we can't know the age of a user, because it's someone's privacy, we can't even know who an early adopter was a few years ago, but it's true what you say, mostly people who are interested in cryptotechnology are people who are 30s or older , moreover bitcoin is still unknown at that time ?
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December 28, 2018, 02:28:56 AM
 #54

   There are difference between the rich and the poor country. If you are belong in rich country some opportunity have been their and most of all advance technology with online business strategy opportunities but if you belong in third world countries I don't think so 20's is having with it.
   But we need young people to boasting up because young is superiority.
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December 28, 2018, 06:32:50 AM
 #55

Bitcoin was not expensive back in 2009, so kids could afford to buy these coins for a few cents. Most children between 8 and 10 years old would not necessarily search for complex technologies like Crypto currencies, but they are always looking for ways to make some extra pocket money.

They could have seen some video on people mining bitcoins with GPUs and they might have jumped in to mine these coins with their gaming pc's.  Wink

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December 28, 2018, 06:34:28 AM
 #56

people whom i know are usually mid-40s.  not sure if there are younger ones outside my circle.
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December 29, 2018, 01:47:43 PM
 #57

I think there is no age in terms of getting engaged in investment at bitcoins. 
The people should learn it as early as they are because they can be able to make a move that can help their future life alot.
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December 29, 2018, 03:28:33 PM
 #58

I am in my 20's right now but Id discovered bitcoin just 2016 so I can say that I don't really have much bitcoin but I am still earning from it right now. I confidently say that my earnings from bitcoin really helped me save more money aside from my salary at work.
You like my son he is only 18 years old and he discovered bitcoin mid of 2016 and now he earned in bitcoin and I confidently say that he supported his study in college and also support his siblings too. Bitcoin is really big help for us.

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December 29, 2018, 06:14:33 PM
 #59

May be late 20's, 30's and 40's. Like most people say here an ordinary teenager can't afford buying bitcoins even when the price is down. The older people, mostly, have difficulties in understanding how the system functions.

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December 29, 2018, 06:51:55 PM
 #60

Bitcoins have been over a couple of hundred dollars for more than 5 years now. Kids can only get so many by mining. Don't imagine too many teenagers have 10+ bitcoins without family help in getting them.

I'd say that it's impossible for teenagers to get 10+ bitcoins without help from their families. We shouldn't say too many teenagers. There's no way that a teenager can have 40 thousand dollars without inheriting it or getting it from wealthy family members. Most teenagers are spending whole days at school and dreaming about getting their driver's license and first car, or finally being able to move out to a small rented apartment.
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