People with most bitcoins should be in their 20's by now

[Itty Bitty]

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

[dothebeats]

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.

[Itty Bitty]

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.

Yes, agreed, I meant to write "at least in their 20's" in the title, it came out a little confusing as is. My bad.

[eternalgloom]

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.

[Itty Bitty]

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.

Yes, this would be as opposed to 6 or 8 years ago where I imagine quite a lot of BTC was held in teen-age hands.

[bitbunnny]

I'm not fully convinced about this theory. Maybe some are in 20's but I would say that the majority of most experienced Bitcoin users with most coins in their possesion are in 30's.
I don't think that so many teenagers even if they got involved in Bitcoin five or more years ago kept their coins so long or maybe just few of them. It's not so very likely to me they were mature enough to make important decisions that would make whales out of them.

[realcrypto]

The only older folks that are embracing bitcoin are the whales that are out to use their wealth to influence the entire ecosystem. The enthusiastic cryptocurrency lovers and users are the youths in their early 20s.

[Dana-pasar]

age is very influential from how he is able to utilize the results of bitcoin that he has, the age of earning a lot of money from bitcoin will often feel confused about what this amount of money is, while he does not have many dependents in life

[RussaX]

I held a lot of Bitcoin in my hands around 2010-2012. Also at the time I didn't understand much about blockchain or any of it how does it work I just used it because it was a nice way of doing trading transactions without fear of it being withdrawn and being opensource it felt very secure that noone can interrupt my account or any of the trade.

I remember very well seeing price fluctuation from $10-$20 but I didn't understand a lot about it. I knew it could be mined and it felt nice sometimes when price would go few bucks up and I was happy at the time when I would get profit of $50 bucks because of price fluctuation.

Crypto trading is a real deal nowdays and majority of holders are probably around 40 or older.

[ivannalog814]

I think that the majority of bitcoins is in older people for example bitcoin 10 years and you say that the main holders are people who 20 years hence guys bought bitcoins when they were 10-15 years ?)

[creeps]

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.

Hopefully those teenagers knows how to value money and knows how to use well bitcoin. I know someone who owns some of cryptocurrency and at the very young age, he knows how to deal with life well. They spend their cryptos to support for their studies and of course to buy good things.

We should start educating those teenagers so they will not spend the money in useless things, if you will gift cryptocurrency to your child or to anyone don’t forget to teach them how to use it, so at the end of the day they will still have that money.

[mariah.sadio]

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.

[Supreemo]

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.

Hopefully those teenagers knows how to value money and knows how to use well bitcoin. I know someone who owns some of cryptocurrency and at the very young age, he knows how to deal with life well. They spend their cryptos to support for their studies and of course to buy good things.

We should start educating those teenagers so they will not spend the money in useless things, if you will gift cryptocurrency to your child or to anyone don’t forget to teach them how to use it, so at the end of the day they will still have that money.

,that's a good use of money indeed. i have also someone i know that thinks similarly like your acquaintance, and sad to say but there are also some people i knew who doesn't value money like it should be. spending is not that really bad but it should be in moderation, some youngsters doesn't know the real value of it because they doesn't spend heavy works for it, that is also why i guess it would be doing well with the guidance of their parents or guardians.

[Yaunfitda]

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

There could be few people in their 20's who have invested in bitcoin or crypto in general. They're exceptions as majority of people who are here are probably older and have been in different markets such as in stocks or golds.

And for those who are in their 20's? You are very lucky because crypto has so much offer and you being so young and have been in this market as early as today, you can be filthy rich by your early 30's.

[davis196]

So you think that kids and teens used their PCs to mine bitcoins 6-7 years ago.I don't believe this.
Kids and teenagers usually aren't that "make money" oriented.If they are,they would try to earn more fiat money,not crypto.Bitcoin isn't maturing,because 90% of the btc investors will always be people driven by FOMO and greed.

[khufuking]

The concept behind this statement is very true and logical but I would say 30's is more accurate than 20's, but who said that person maturity is measured by age only! So let's not attach the maturity of people holding BTC to their age range.

[Kopyleft]

Possibly, millennials could hold some bitcoins, from when it was relatively unpopular, before the bull run. Some could have taken bitcoin mining as a form of recreational exercise, without expecting the massive rise in popularity and value.

There would still be a fair share of different age brackets. It is not limited a particular generation.

[jackg]

I think the title might actually be true.

I started with bitcoin when I was 14 but by then I’d already missed all of the mining with a computer as ASICS were already out. I think a lot of people who started even a year or two before me would have been able to mine with a cpu or a gpu.

Vitalik started working on ethereum when he was 17 I think too...

[xuv500]

I don't think teenagers are giving priority to this, most of the investors here are 30 - 40. However age is just a number, it depends on the person's interest. Crypto will enlarge the life style of a person if he plans to invest now and he's going to sell after years. Just imagine how he will be? He will be overwhelmed by happiness.

[Renal]

if later children can get 1 bitcoin not with their own competing results it can be with the help of others or even from the parents who buy it if the child is very clever then this becomes an asset in the future because bitcoin is not always in the price now competing for the next few years will go to the price.