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Author Topic: A rising number of Americans own crypto and nearly 13 million women says study..  (Read 616 times)
franky1
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October 29, 2019, 03:15:07 PM
 #21

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.

yep. the door-to-door /street surveys are the worse
without even answering a question i can predict a survey about employment would show higher unemployment on the survey. just for the simple fact that guys doing the surveys are asking people who are walking around shops between 9-5mon-fri... the time when most working people are in offices/factories working, and not free to just aimlessly be walking around town with spare time to answer surveys

surveys are not ever accurate and should never be treated as fact

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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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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October 29, 2019, 03:56:26 PM
 #22

Doesn't matter if the study is fully accurate or not. What it does matter is that we see a significant rising among Americans when it comes to adopting cryptocurrencies which is awesome as we all know that in USA cryptocurrencies are not so popular because of the taxes,restriction and a lot of impediments when it comes to trading.

 In the end I think all over the world there is a rising of people adopting and using cryptocurrencies and its good to see that women's started to use it to , that mean that some campaigns of promoting Bitcoin works really good. ( Medicine promo especially ).

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panganib999
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October 29, 2019, 04:59:08 PM
 #23


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-cryptocurrency


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.
No matter how tight the government is in implementing rules against cryptocurrency, it's still up on the people's discretion and prerogative to choose what to do. People are already enlightened and exposed to crypto making them want to do it and have it more. They already knew what are the advantages and the good side of cryptocurrency, how profitable bitcoin could be once started. Also, people are already suffocated with the government's interference with their lives that's why some cryptocurrency's decentralization like bitcoin is such a relief.
Pearls Before Swine
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October 29, 2019, 05:07:34 PM
 #24

Since US regulations make it more difficult for citizens to participate in crypto investments the growth shows an underlying interest.
You're obviously not from the states, because it is still legal to invest in bitcoin and everything else except for ico's.  The only regulatory pressure anyone is getting is facebook with libra.  There are also some laws pertaining to exchanges which is why Binance doesn't provide service to all states, but it isn't a nationwide issue.  So it's nowhere near as bad as you think.

I honestly don't think there are anywhere near that many women owning crypto, but I could be wrong.  Worldwide that isn't a huge number, but it seems like the overwhelming majority of people who do own crypto are male, and that number probably isn't even that large.  Interesting study, tho.
bryant.coleman
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October 29, 2019, 05:25:23 PM
 #25

This study is of no use, until it gives the distribution of the Bitcoin ownership. We don't know how much each of these individuals own. 14.4% of the American population is close to 45 million. If each of them owns around BTC0.01 ($94 as per the current exchange rate), then we can assume that BTC450,000 is being held by small-scale cryptocurrency users within the United States. And that sounds quite large for me, considering that the current circulating supply is only around BTC18,000,000.
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October 29, 2019, 06:27:49 PM
 #26

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-cryptocurrency

I would take these results with a grain of salt.

The authors provided no information about their methodology. In particular, we have no idea whether their respondents are representative of the population. If it was an online survey targeting Millennials, the results are going to be heavily skewed since they are drawing conclusions based on a very small sample.

I have a feeling the numbers are being drastically overstated.

Willitivity
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October 29, 2019, 08:36:18 PM
 #27

If the survey is such an authentic one without any manipulations, then the data is a very impressive one. In spite the government regulations and restrictions concerning cryptocurrencies,there is still such demand for cryptocurrencies.
But then again this data is not trustworthy, there is no proof backing it.
Eugenar
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October 30, 2019, 03:36:30 AM
 #28

This study is of no use, until it gives the distribution of the Bitcoin ownership. We don't know how much each of these individuals own. 14.4% of the American population is close to 45 million. If each of them owns around BTC0.01 ($94 as per the current exchange rate), then we can assume that BTC450,000 is being held by small-scale cryptocurrency users within the United States. And that sounds quite large for me, considering that the current circulating supply is only around BTC18,000,000.

Basically if the OP will add the accumulation or even the average accumulation of the population this topic will be trusted. For me, the Americans aren't just focusing on bitcoin but to the entire crypto itself, and the rising number of the population who owns crypto is a significance of huge cryptocurrency market adoption that will yield to increase in market price. With regards to the 450,000BTC, I am pretty sure there's some whales already having huge volume of BTC in America in these case, the population isn't necessary.
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October 30, 2019, 04:11:21 AM
 #29

Since US regulations make it more difficult for citizens to participate in crypto investments the growth shows an underlying interest.
You're obviously not from the states, because it is still legal to invest in bitcoin and everything else except for ico's.  The only regulatory pressure anyone is getting is facebook with libra.  There are also some laws pertaining to exchanges which is why Binance doesn't provide service to all states, but it isn't a nationwide issue.  So it's nowhere near as bad as you think.

people like OP tend to believe whatever lies they read online. it doesn't even have to be from a source like a news site, it may as well be a random comment on a forum. so he might as well be from US but fallen for the FUD.

as for these stats, if it were true then bitcoin price should have been a lot higher than this. a nearly 15% adoption in US alone means price of at least $500k for this limited supply currency! the only reason why it is still at this very low price levels is that the adoption is still around 1%.

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October 30, 2019, 05:55:57 AM
 #30

Americans need to show government support for cryptocurrencies, after which the adoption of cryptocurrencies will go at a very fast pace. A significant positive impact on the introduction of cryptocurrency in the United States will have the emergence of a national stable coin, as already announced in this government. As soon as the Americans see that the state takes cryptocurrency seriously, they will begin to use it in large quantities.
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November 01, 2019, 09:30:36 AM
 #31

Since US regulations make it more difficult for citizens to participate in crypto investments the growth shows an underlying interest.
You're obviously not from the states, because it is still legal to invest in bitcoin and everything else except for ico's.  The only regulatory pressure anyone is getting is facebook with libra.  There are also some laws pertaining to exchanges which is why Binance doesn't provide service to all states, but it isn't a nationwide issue.  So it's nowhere near as bad as you think.

people like OP tend to believe whatever lies they read online. it doesn't even have to be from a source like a news site, it may as well be a random comment on a forum. so he might as well be from US but fallen for the FUD.
First you don't know OP so, therefore, you don't know "people like"..

Second the source is quoted and linked so take the time to click and read  -- rather than just spewing nonsense. If you question the methodology of research than put up your supporting facts or sources.  
I doubt that you can predict the price of Bitcoin based on adoption. The volatility proves it's not linear so you really have no clue.

Lastly, many of the investments in crypto for retail investors come from ICOs, IEOs and exchanges. Each of these is more difficult to participate in the US unless you are an accredited investor,  
and many of the projects exclude US participation outright due to regulation and uncertainty.

I would trust the source of the research and quoted data more than your random comment on a forum. And  I am from the US .. all my life.

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trumpman
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November 01, 2019, 09:40:34 AM
 #32

Quote
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,

Imo, this number seems to be very big and to be honest it sounds more like a made up statistic somebody pulled out of his anus.

I checked the site you referenced, I see no information about the sample (other than size) or the methodology or whatever of the "study" that gave this number or a link to the actual journal where normally real studies are published.

I call BS.
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November 01, 2019, 10:49:22 AM
 #33

This makes sense to me.

Given that trade war between US and China is still on, I expect these numbers to raise even more in 2020.
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November 01, 2019, 03:29:25 PM
 #34

I believe that now that china is trying to lead by example to the great countries that we have, the united states may soft peddle on their regulation as from next year like you rightly said and this will started boost the market too, as we can see how the statement of china president as regards cryptocurrency gave the Chinese people some level of assurance to be able to be a part of cryptocurrency without the government having to be a pain on their neck.

If the US government can do same too, there is every possibility that most of their citizens would want to take advantage of the opportunities that they feel they have been missing as a result of government strict policy on crypto which I know that the US government is now considering giving it full support also.
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November 01, 2019, 06:09:05 PM
 #35



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-cryptocurrency

In addition, the survey by Finder said,
Quote
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?


This chart in particular make sense, as there are really not a lot of women involved in technical fields related to information technology. A lot off women get upset by saying there isn't enough equal opportunities for them in the fields of science and technology but that is entirely unfounded and untrue, these fields really aren't pursued by most women (their own choice). I believe if they were to feminize Bitcoin a little and market it as some sort accessory to money and then push a celebrity like Kim Kardashian to endorse it, you better believe that women from all walks of life would hop all over it like fly's to shit.
     Tried to tell my mother about blockchain and crytpocurrency, she said it would never replace real money (cash) and was a just a speculative fetish for tech boys (boy is she wrong). I promise you if crypto was introduced and marketed through the medium of Facebook's Libra coin, every women on Facebook and Instagram would own cryptocurrency, while it would spread like wildfire overnight.

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November 01, 2019, 10:41:52 PM
 #36

The handwriting is clear on the wall for everybody to read, most of us can see what happens when an exchange announces that it won't be catering to US customers anymore, Binance being a very big example of this, they lost so much volume overnight and the BNB coin dropped in price almost overnight, the US is one of the countries with the highest level of gender equality so it's expected that when there are many people involved in Cryptocurrencies, a vast majority of them would be women, I think this survey just proved it that Crypto is heading in the right direction, worldwide adoption is the goal.

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November 02, 2019, 04:05:36 AM
 #37

Since US regulations make it more difficult for citizens to participate in crypto investments the growth shows an underlying interest.
You're obviously not from the states, because it is still legal to invest in bitcoin and everything else except for ico's.  The only regulatory pressure anyone is getting is facebook with libra.  There are also some laws pertaining to exchanges which is why Binance doesn't provide service to all states, but it isn't a nationwide issue.  So it's nowhere near as bad as you think.

people like OP tend to believe whatever lies they read online. it doesn't even have to be from a source like a news site, it may as well be a random comment on a forum. so he might as well be from US but fallen for the FUD.
First you don't know OP so, therefore, you don't know "people like"..

Second the source is quoted and linked so take the time to click and read  -- rather than just spewing nonsense. If you question the methodology of research than put up your supporting facts or sources. 
I doubt that you can predict the price of Bitcoin based on adoption. The volatility proves it's not linear so you really have no clue.

Lastly, many of the investments in crypto for retail investors come from ICOs, IEOs and exchanges. Each of these is more difficult to participate in the US unless you are an accredited investor, 
and many of the projects exclude US participation outright due to regulation and uncertainty.

I would trust the source of the research and quoted data more than your random comment on a forum. And  I am from the US .. all my life.

well i apologize if i judged you too soon but i am talking based on the evidence that i have. you believed a very poorly researched statistic from a site that has no idea what they are talking about when it comes to bitcoin. the resources they use are either not mentioned (a vague statement saying "a survey") or you see they are using other types of poor sources such as coin.dance with false statistics.
to be honest i can not call what this site has done, a "research". it looks to me even worse than a random comment on a forum.

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November 02, 2019, 05:53:37 AM
 #38

It's just a simple indication that the number of crypto users is growing continuously each year. Americans are known to be risk-takers and they are always open for adoptions so we can't question that. It's a good thing that there are lots of people who are into cryptocurrency. It's beneficial for both crypto and users especially when it comes to investment and mode of payment. I believe that more countries will accept and adopt cryptocurrency in the future.
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November 02, 2019, 09:51:53 AM
 #39

Its a significant statistics that encourages us to be more confident with cryptocurrencies. Its a risk-taking act to be involved in crypto but as they say, more risk more income. We cannot say what will happen but definitely we will not know if we woudn't try. Americans are mostly stable citizens that they are not so afraid to invest into crypto. That's one factor that makes the statistics reliable.

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November 03, 2019, 06:18:02 PM
 #40

It's really good to see so many female holders there are. I was under the impression there were very few females. Even on here I thought there were not many females. I think there are more than we think there are.
That graph has a much larger portion then I thought. Girls don't have such an ego as guys do so maybe we don't hear of it. Though I have always wondered who the people are behind these profiles in the forum.
Where they live and how they live, what pc they use and all that. It shows we really know very little about one another.

"While an increase of people with a cryptocurrency is positive for the industry,
the vast majority of Americans are not investing in digital currencies."

I am not surprised by this. Crypto is not yet mainstream and is something only some people consider. I think the way it is so volatile is one of the main reasons they do not invest.
Then you get people like me who believe that crypto is the future with their whole heart and show so by using crypto more than fiat.
Fiat disgusts me  Tongue

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