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Author Topic: People with most bitcoins should be in their 20's by now  (Read 1063 times)
_Mikasa_
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December 21, 2018, 02:03:11 PM
 #21

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

Well I don't see any chances teenagers could have 1 bitcoin and above. They can't work to have one except if they have rich parents. Title should be changed to 'People with most bitcoin should be at least 20 years old. It is pretty possible and some 20+ year olds are really interested in cryptocurrency especially in bitcoin.
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December 21, 2018, 02:07:40 PM
 #22

The early days of crypto mostly wouldn't even appeal to teenagers, it would have been people with a strong background in cryptography or computing. I would think Vitalik will be one of few exceptions of early adopters who are not in middle age by now. The interesting thing for me with that. Most of the early adopters are aging each year and with the growth of bitcoin the temptation to spend must grow each year. Soon you'll have to assume that if their BTC goes unspent it will transcend their own lives.

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December 21, 2018, 02:11:16 PM
 #23

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.
Yes, I agree with you, those in their 20s are very fortunate to know crypto, because they can become experts in old age and of course there are many benefits they can achieve if they know crypto at a young age.

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December 21, 2018, 02:15:03 PM
 #24

Teenagers are already familiar with crypto and blockchain is an extraordinary knowledge, and young age does look more aggressive to always try so that the experience makes it more creative. And the possibility is that now it has become a pope and has more experience so it is wiser to manage his Crypton assets.
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December 21, 2018, 02:24:55 PM
 #25

 I think those with the most bitcoin should be people around the age of 30s and 40s. Bitcoin is just ten years people at people that are at age  20 can hold a few but not much because they are the millennial people and are tech crazy and like experimenting with nothing to lose.
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December 21, 2018, 02:32:35 PM
 #26

No, I don't think so. I guess bitcoin people who owned bitcoin the most are those mid 30's because it's very rare to see an adolescent who already knew about btc and bought it during its early days.

BUT I'm not saying that your assumption is not impossible. There's a case like that which actually happened. Ever heard the name Erik Finman? He became a btc millionaire by the age of 19 this is the source.
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December 21, 2018, 06:15:19 PM
Last edit: December 21, 2018, 08:30:42 PM by RonF
 #27

I hit bitcoin and bitcoin cash (which I got an equal amount for free in August) at several hundred each, when I was age 54 in 2015.  I've spent half on a new farmhouse, 40 acres of land, new tractor, large Amish barn, new furniture, expensive soapstone fire stove, and more.  To be sure I am wealthy because of bitcoin and bitcoin cash and still have plenty more.  Cool

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December 21, 2018, 06:53:59 PM
 #28

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.

I think so too, since the people with whom I communicate and my friends are mostly thirty-year and forty-year-old crypto investors. And young people, I think, are involved in bounty campaigns in the main.
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December 21, 2018, 07:06:54 PM
 #29

i dont know where you got this analysis from, but then i think people with most bitcoins are in their 30s and 40s. most people in their 20s really do not have money to invest in so much bitcoin currently and when the price was at 100 dollar few years ago, majority were not aware of bitcoin or just didnt invest because they had no money or didnt care.

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December 21, 2018, 08:24:29 PM
 #30


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...

Wow i thought the thread title was really incorrect, i would have guessed
People in their late 20's would be the big holders. I'm surprised to learn
you started at 14 but i suppose young people from 8 or 9 years ago who
were into technology and were intrigued by bitcoin could indeed be still
holding from then...... if they havent forgotten or dumped their computers.

R


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December 21, 2018, 09:15:33 PM
 #31

Since young people are more adapted to different technologies, it allows them to learn something new more easily. Now, in the age of the Internet, you can find anything and make money on it. Teenagers want to live freely and therefore they are interested in various ways of earning, including earnings on cryptocurrency.

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December 21, 2018, 09:48:44 PM
 #32

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

Personally, I think the target market of Bitcoin is the young people because they are expose in the technology thats why its a good idea to target the young ones. In this era, teenagers are very confuse to use technology they explore a lot of things and they are also easy to learn when it comes to block chain. Nowadays, young people can earn profit in their age with the help of technology

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December 21, 2018, 10:01:51 PM
 #33

The title should be the age group of people with the most interest in bitcoin are in their 20s, no way that these guys can be whales (except the few lucky ones). They are probably investing in altcoins instead

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December 22, 2018, 09:22:56 AM
 #34

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

Well I don't see any chances teenagers could have 1 bitcoin and above. They can't work to have one except if they have rich parents. Title should be changed to 'People with most bitcoin should be at least 20 years old. It is pretty possible and some 20+ year olds are really interested in cryptocurrency especially in bitcoin.

That's correct I'm already 20years old start for investing,trading and become a bounty hunter in crypto I already earn 1bitcoin in my age now.
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December 22, 2018, 09:27:24 AM
 #35

They were more likely people in their 20ies, who are interested in tech and still open to new things.
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December 22, 2018, 09:28:08 AM
 #36

Kids can only get so many by mining. Don't imagine too many teenagers have 10+ bitcoins without family help in getting them.

what is your point exactly?
if anybody wants they can come up with $30k and invest it in bitcoin. it is not really that big a deal in my opinion as long as they are willing to take the risks.
so if some young person owns above 10 bitcoin that simply means they were willing to take the risk and enter the high potential currency of the future in its early stages while others stood aside and watched.

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December 22, 2018, 09:47:36 AM
 #37

Majority of whales comes from 30 to 40 years old because they had stable jobs and most of them are businessmen and I don't think, they in their twenty's because they just graduated from school or just got a job but anyway any age is very much welcome to cryptocurrency.

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December 22, 2018, 10:15:38 AM
 #38

I think those mysterious whales with hundreds of thousands of coins are in their 40's or 50's now. I doubt that many of them have amassed their coins by mining, most likely they've bought in 2011-2012, and they've probably dropped some $100,000-500,000 during their accumulation period. That would mean that they were already quite rich if they could afford to put such sums into novel asset, so they are most likely middle-aged entrepreneurs or traders.
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December 22, 2018, 11:11:18 AM
 #39

For me those who have large amounts of Bitcoin are people who are 30+ years old, because adults are always serious about considering assets for the future and very different from teenagers who only depend on emotions and sell everything when we feel good even though small ( myself).

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December 22, 2018, 11:37:03 AM
 #40

I believe if there are some people in their 20s who have bitcoin, because what I know is that education about computer technology has been applied from school age, about where they have the capital to get bitcoin, I think maybe they initially followed the bounty after getting a bitcoin enter as a trader or investment
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