phillymogul (OP)
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October 29, 2019, 08:29:05 AM |
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FP4T1RYV%2Fmenwomen-us-crypto-800w.png&t=665&c=anBZHOIm57tWCw) Americans who own a cryptocurrency has almost doubled from 7.95% in 2018 to 14.4% in 2019, an increase of 81% in one year, according to a new survey. That means roughly 36.5 million Americans own some form of crypto. https://www.finder.com/how-many-people-own-cryptocurrencyIn addition, the survey by Finder said, While an increase of people with a cryptocurrency is positive for the industry, the vast majority of Americans are not investing in digital currencies. Since US regulations make it more difficult for citizens to participate in crypto investments the growth shows an underlying interest. If regulations loosen up in the coming year this could spur growth for the global crypto market. What do you think?
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AjithBtc
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October 29, 2019, 08:58:14 AM |
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If the data gathered through the survey is upon a good number of sample then without doubt the growth is big. Most of the time such a large scale sample won't be collected, just a few thousands were questioned and the average will be taken. As in the statement if this has happened, then on regulating the cryptocurrencies there'll be big growth in the adoption and usage paving path for next level of cryptocurrency growth.
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CLS63
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October 29, 2019, 09:27:49 AM |
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That is a big change after 1 year. Trump is known as being against the cryptocurrencies but the interest in Bitcoin of the people of the U.S.A is increasing very quickly. If it goes continually like this, the government may not think of banning cryptos not ever.
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hello_good_sir
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October 29, 2019, 09:36:40 AM |
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Are there exact statistics on these studies? A lot of recent studies have been really bad, with there being a ton of issues like a extremely low sample size, or only testing a certain age group that might be really into technology and new things, I've never really trusted any of the articles showcasing number, seems to change every week. If the data gathered through the survey is upon a good number of sample then without doubt the growth is big. Most of the time such a large scale sample won't be collected, just a few thousands were questioned and the average will be taken. As in the statement if this has happened, then on regulating the cryptocurrencies there'll be big growth in the adoption and usage paving path for next level of cryptocurrency growth.
Yeah exactly - although we can't really ignore the fact that crypto-currencies have definitely been getting bigger in recent years, I mean just today, our first global crypto-currency that was created by a country was released. Big times.
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Doell
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October 29, 2019, 09:39:54 AM |
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Since US regulations make it more difficult for citizens to participate in crypto investments the growth shows an underlying interest. If regulations loosen up in the coming year this could spur growth for the global crypto market.
hopefully regulations loosen up at americans agree what you expect ,americans have a vast expanse of land and economy whose industry is also known to be very great ,increase in crypto holder there is no doubt a lot and almost all of the successful doing this business for example Las Vegas gambling industry
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Cityhunter123
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October 29, 2019, 09:52:48 AM |
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That's just the American government is still trying to resist the introduction of crypto into the lives of Americans
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owengtam09
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October 29, 2019, 12:10:55 PM |
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Not only Americans but also in some other countries too. Many people hook with bitcoin especially with its online transaction and easy to use. They say that many men are users of bitcoin than women, and I think it is right because I know most of the men using bitcoin than women because, in my opinion, most women are not that techy thing than men.
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Mandoy
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October 29, 2019, 12:45:13 PM |
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Even though KYC regulations were strengthened and enforced the number of US Citizens who use cryptocurrency and bitcoin will not dwindle. Instead it will continue to increase in number since US citizens are more likely to be enticed when it is regulated, they feel secure. Thus regulations have its own advantage on the increase of potential cryptocurrency users in the United States. This will not only be applied to US but also to other countries.
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blckhawk
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October 29, 2019, 12:47:37 PM |
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For a year, that number is actually surprising and 14.4% isn't a small number either. But now I think things would undergo some real changes. Government and other institutions start to adopt blockchain technologies. If US Government decided to follow what China is planning to do, which is to create a new cryptocurrency, there might be an explicit ban to bitcoin and other altcoin, only permitting enterprises to use their own cryptocurrency, which could significantly impact the market. But it's still too early to say this though, it's far from happening, but is a possibility.
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Diirtmaan
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October 29, 2019, 01:13:35 PM |
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FP4T1RYV%2Fmenwomen-us-crypto-800w.png&t=665&c=anBZHOIm57tWCw) Americans who own a cryptocurrency has almost doubled from 7.95% in 2018 to 14.4% in 2019, an increase of 81% in one year, according to a new survey. That means roughly 36.5 million Americans own some form of crypto. https://www.finder.com/how-many-people-own-cryptocurrencyIn addition, the survey by Finder said, While an increase of people with a cryptocurrency is positive for the industry, the vast majority of Americans are not investing in digital currencies. Since US regulations make it more difficult for citizens to participate in crypto investments the growth shows an underlying interest. If regulations loosen up in the coming year this could spur growth for the global crypto market. What do you think?It’s great that Americans keep up with the people of China and Europe in their involvement in crypto. This is a great sign for the crypto market and its success in the future.
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franky1
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October 29, 2019, 01:23:40 PM |
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i have seen people on the street with a sign saying 'please answer a survey about charities'.. the results are that a high majority of respondants do donate. not because high population donates. but because those who do not are going to avoid entering into the survey to avoid embarrassment/shame of being seen as heartless
in my town whenever people see someone with a charity asking for donations, the common thing to say just to walk passed them is 'we already donated'. not only does it avoid having to put our hands in our pockets, but also avoids the guy stalking us trying to convince us, and avoids them shouting out bout how we have not donated but should.
the survey are based on like 2000 people out of ~327million. these surveys usually would be mail bombed to known people in a certain industry, and also exclude certain population groups.
take for instance americas 327mill population ~60m are below the age of 15years and 50mill are above 65.. usually surveys exclude these age brackets meaning a third of the population is excluded
so if say 33mill say yes on a survey of such the actual % is not 10% but actually more like 6.6% if it was a true population survey no matter the question
then we get back to further shrinking down the survey by respondants. not everyone is interestd in filing out a survey about their finances. so this could cut the pool of respondants in more than half whereby the poor/uninterested in investments wont respond. thus even AT BEST it would bring results of 3.3% true population.. though a survey site would still try to presume 10% said yes
its much like going to a trump rally and doing a popularity poll. ofcourse results would be majority fangirling over trump
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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target
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October 29, 2019, 01:26:44 PM |
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Despite the US regulation making it harder for the citizen to own coins, the number of people investing to it are growing. Its time for them to see that is harder to stop the adoption, the more people sees bitcoin and altcoins a way to store their wealth than just on banks. They are not winning with this type of regulations, they are the resistance to this new development.
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Expecto
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October 29, 2019, 01:31:10 PM |
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It is really interesting to see that the number of women is much more than men's. I wonder if men are not much aware of cryptocurrencies or not. However, it is good to see that the number of American people who own crypto is rising every year.
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Baby Dragon
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October 29, 2019, 01:44:21 PM |
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Not only Americans but also in some other countries too. Many people hook with bitcoin especially with its online transaction and easy to use. They say that many men are users of bitcoin than women, and I think it is right because I know most of the men using bitcoin than women because, in my opinion, most women are not that techy thing than men.
Indeed, maybe they finally realize the benefits and advantage of using bitcoin. Its indeed a great news for everyone because of the improving and growing population of people who owns crypto like bitcoin despite of different issues and problems that bitcoin had faced in the last few years. Well some people underestimate the power of women and now they just prove that they can do whatever man can do. For sure in the next years the number of women who is aware of cryptocurrency will increase. Just like men, women is also capable on earning profit because of bitcoin, we can't change the fact that this generation is already adopting anything that involves technology.
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ChrisPop
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October 29, 2019, 01:46:18 PM |
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That's an encouraging statistic. Of course that if regulatipns will get loosen up people will feel much better about investing into cryptocurrencies and not look at it likr as an exotic, risky investment that it is not available to them.
I'm quite surprised to see so many women holding crypto. Well.. on crypto twitter there are a lot of girls promoting branding themselves as crypto enthusiasts so maybe that's not that big of a surprise.
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airdnasxela
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October 29, 2019, 01:46:36 PM |
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Would agree that the number of people, not only in America, owning crypto is increasing rapidly. Also no doubt that majority were boys. It may not be that accurate but it only shows the continuous growth of cryptocurrency which is good for us and crypto itself. Although regulations were implemented, it can't stop people from adopting crypto. This growth is not only limited in America, in other countries like my country, crypto is also starting to be known by the locals. Population might be growing but it will still be hard for crypto to reach the majority of the population. We still need more time to reach that level of growth.
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Shenzou
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October 29, 2019, 02:15:38 PM |
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I feel like since the late 2017 when the price of bitcoin reached high numbers and the general public was talking about it, a lot of people were introduced to the whole crypto concept and it really took off from there, and since then i feel like there have been a lot of projects and crypto related things immerge, so it comes to no surprise that more and more people are invested or contributing in some way or another in the crypto market, i mean from many random people i have talk to about bitcoin they know a lot about it compared to 2 years ago.
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Clement Kaliyar
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October 29, 2019, 02:25:48 PM |
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Yeah exactly - although we can't really ignore the fact that crypto-currencies have definitely been getting bigger in recent years, I mean just today, our first global crypto-currency that was created by a country was released. Big times.
What currency you are talking about, which country released their cryptocurrency today ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) . It is a progression to see more people in the coming years as this is a new market you cannot expect everyone to invest from the start . Since US regulations make it more difficult for citizens to participate in crypto investments the growth shows an underlying interest. If regulations loosen up in the coming year this could spur growth for the global crypto market. With 2,068 participants commissioned by Finder they came to a conclusion that 36.5 million Americans own some form of crypto .If regulations loosen up you will see more growth in the market not only in the US but globally.
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BrewMaster
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October 29, 2019, 02:30:28 PM |
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since we are talking about statistics, here is another one for you. 90% of these statistics are completely wrong and biased. it is simply because they never spend much time in selection process, which happens to be the most important and most time consuming step of conducting a research. so instead of spending time and money on selecting a good and diversified group of people they simply choose to do the simplest thing and do a random choosing and end up with false results.
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There is a FOMO brewing...
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bitzizzix
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October 29, 2019, 03:07:46 PM |
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Statistics prove the number of Americans who have cryptocurrency almost doubled in 2019, from 7.95% in 2018 to 14.4%, according to a new survey by Finder. Although the US government rejects cryptocurrency to their country, that does not mean they are strictly forbidden or threatened by law, as in other countries that prohibit Cryptocurrency or bitcoin but can still use it well so far.
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