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Author Topic: A rising number of Americans own crypto and nearly 13 million women says study..  (Read 619 times)
fiulpro
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November 03, 2019, 07:00:18 PM
 #41

One should understand that at the same time the are good things going on with the US too , people are asking the government to make Bitcoins as important as the other personal goods , the ministers in fact are asking them to consider Bitcoins to be protected by the state !
Therefore I think they are just in a process but not exactly making it difficult for someone to own the Bitcoins.
I mean it will definitely grow.

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November 03, 2019, 07:04:59 PM
 #42

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

Even I never thought there will be so many female users who are into crypto and as you have mentioned we have no idea who's behind the profiles in this forum so we cannot judge.

Not only Americans but most of the people who don't have clear understanding of crypto will not invest into it as some just think it's like a gamble where you invest and either get profited or end up losing without realizing that crypto never dies. Those who are into crypto like you and me are more into it for it's features and trust that bitcoin will change our lives like it did to many other people during 2017.

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November 03, 2019, 08:02:51 PM
 #43

I am very happy to see the results of a survey that says American citizens who have cryptocurrency increased by 81% in one year.
This is a sign that more people are starting to understand that cryptocurrency is the future, with rapid growth in America for sure
there will be an effect globally. I am sure that other countries will also grow rapidly in the ownership of cryptocurrency. And I am
sure American citizens invest more in bitcoin than altcoins. With this, the price of bitcoin can be higher because of its many demand
for bitcoin. I think the price of bitcoin in 2020 can reach $ 20,000 is not just a dream.

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November 03, 2019, 08:21:30 PM
 #44

You should all think how many people who were asked to participate in the survey declined because they did not know what a cryptocurrency is. This would be my reaction if they asked me to participate in a survey. I'd say ok fine and they'd say it's about my opinion about chemo in treatment of children with melanoma. I'd be like  Shocked Huh no thank you I don't have an opinion really.

Those who participated know a lot about crypto. Those who did not declined to take the survey.
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November 03, 2019, 08:26:09 PM
 #45



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?


I think that it is unlikely that something will change in relation to the Americans.They are forbidden to participate in almost all ICO.Generally I do not understand why then buy crypto.

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November 03, 2019, 09:37:21 PM
 #46

One should understand that at the same time the are good things going on with the US too , people are asking the government to make Bitcoins as important as the other personal goods , the ministers in fact are asking them to consider Bitcoins to be protected by the state !
Therefore I think they are just in a process but not exactly making it difficult for someone to own the Bitcoins.
I mean it will definitely grow.
You're right, I think it's just a precaution to overcome the possibility of using bitcoin for bad things by certain people or parties. The limitation does not mean we have to stop, rather it becomes a trigger for enthusiasm to be more innovative in taking advantage of small opportunities.

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November 03, 2019, 10:18:05 PM
 #47

I totally agree with what you affirm that by clearly defining the issue of regulations the growth of participation and investments will be high, however, the people of the government know it and feel the pressure because on the one hand they observe that cryptocurrencies are growing and on the other hand, they know that legislation favorable to cryptocurrencies will weaken the dollar, in fact many investors are looking for cryptocurrency projects.
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November 03, 2019, 10:22:46 PM
 #48

You should all think how many people who were asked to participate in the survey declined because they did not know what a cryptocurrency is. This would be my reaction if they asked me to participate in a survey. I'd say ok fine and they'd say it's about my opinion about chemo in treatment of children with melanoma. I'd be like  Shocked Huh no thank you I don't have an opinion really.

Those who participated know a lot about crypto. Those who did not declined to take the survey.
We also have to consider those who decline because they want more privacy and they don’t want to expose themselves as a crypto hodler. Well, the numbers is easy to say but its hard to believe that they surveyed for 13 million women, maybe there’s an online consensus about this one but its good to know that more people shows interest about cryptocurrency.
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November 03, 2019, 10:43:22 PM
 #49

It's simply unrealistic; according to a survey of 2,068 participants commissioned by Finder. That means roughly 36.5 million Americans own some form of crypto.
2068 participants don't represent 36.5 million Americans, how absurd, this study does not make sense.
If the study report how much Americans registered on some major exchanges in the U.S like coinbase, gemini, bitstamp etc, it would be more rational to conclude how much people involved and have invested in crypto.
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November 03, 2019, 11:15:38 PM
 #50

Quote
That means roughly 36.5 million Americans own some form of crypto.

Do some basic math.  If that were true, and knowing that USA holders are only a small percentage of total holders (no one knows for sure due to the global aspect of blockchain tech), that means that the "average"  world wide holder only holds a dismally small percentage of a BTC.  Those of us that have been around for many years then hold the average of thousands of collectors.  Everybody has to start on their BTC journey somewhere, but the majority of holders are not going to get all "excited" about holding 0.001 BTC.


At roughly 18,000,000 BTC mined at the current time, if each holder held 0.333 BTC there could only be 54,000,000 holders world wide.  Math doesn't lie.  Whales and old time holders would not even bend down and pick up 0.333 BTC (metaphor - like seeing a penny laying on the ground while walking by).  In reality .333 is over 3K so YES you would pick that up every time.  My point was a whale isn't going to spend much thought about only .333 BTC at all.

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November 03, 2019, 11:25:26 PM
 #51

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.
81% in a year is a pretty big change. We know that regulations limit some crypto transactions in the US. However, this cannot prevent US society from learning and understanding crypto. Because understanding cryptocurrency deeper will be more fun.

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November 04, 2019, 12:36:40 PM
 #52


What do you think?


I am very proud of Americans even though previously the government in their country officially banned the use of bitcoin or other cryptocurrency to invest but that did not make them stop adopting bitcoin, even now more cryptocurrency users in America than last year I hope President Donald Trump to lift the ban cryptocurrency.

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November 04, 2019, 01:05:47 PM
 #53

This is evident that American interest in Cryptocurrency is very high, we know that the American government does not allow concessions to its people to play Cryptocurrency, but the growth of Cryptocurrency users in America has actually increased.
I hope the American Government sees this, and can provide leeway to Cryptocurrency there. And I am optimistic that America will have a big impact on the development of Cryptocurrency globally.
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November 04, 2019, 01:14:23 PM
 #54



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?


I think the Americans is already adjusting in the bitcoin technology, we know that the bitcoin technology is already getting popular in the past years and a lot of country was already recognized it and make it as one of their assets. The country japan already started using it as a money and you could pay using bitcoin in a store in Japan. The Americans, in my opinion, is starting to use bitcoin as the bitcoin community was already starting to adjust in the technology for sure the bitcoin community will continue to get big. Male American in my opinions are more on a business-oriented person and as soon as money is a concern they will be interested in a good investment like bitcoin.

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November 04, 2019, 02:42:53 PM
 #55

I think this is normal since, with a lot of technologies out there and the internet being mainstream, bitcoin will always be introduced to anyone increasing the awareness of them about these currencies. Though there are a lot of them there are still those big population that don't want any part of this and they even call crypto currencies scam.

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November 04, 2019, 03:02:15 PM
 #56

The fact that the number of people who at least own a cryptocurrency in the United States has doubled, is a very positive signal for cryptocurrencies, 36 million people already represent a very strong market, because it is a population larger than that existing in In many countries, what is needed is to organize that market, to unify it if it can be said in some way and to ensure that these people can have a strong impact on the economy using cryptocurrencies in everyday life.
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November 04, 2019, 03:04:41 PM
 #57

It's simply unrealistic; according to a survey of 2,068 participants commissioned by Finder. That means roughly 36.5 million Americans own some form of crypto.
2068 participants don't represent 36.5 million Americans, how absurd, this study does not make sense.
If the study report how much Americans registered on some major exchanges in the U.S like coinbase, gemini, bitstamp etc, it would be more rational to conclude how much people involved and have invested in crypto.

Exactly, something in this study doesn't seem to be right. Numbers are strange, exaggerated and don't fit although at first glance the results look nice. But somehow I don't think that the sample and method were correct and therefor this survey isn't reliable.

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November 04, 2019, 04:59:10 PM
 #58

You should all think how many people who were asked to participate in the survey declined because they did not know what a cryptocurrency is. This would be my reaction if they asked me to participate in a survey. I'd say ok fine and they'd say it's about my opinion about chemo in treatment of children with melanoma. I'd be like  Shocked Huh no thank you I don't have an opinion really.

Those who participated know a lot about crypto. Those who did not declined to take the survey.
We also have to consider those who decline because they want more privacy and they don’t want to expose themselves as a crypto hodler. Well, the numbers is easy to say but its hard to believe that they surveyed for 13 million women, maybe there’s an online consensus about this one but its good to know that more people shows interest about cryptocurrency.

Both of you are correct. Bitcoiners are a specific group of people who value privacy. There's also a factor of the government and taxation each of us has to consider. Most people don't want to disclose their bitcoin holdings because some bitcoiners became targets of home invasions and threats. People see bitcoin holders as easy targets because they have all the money at home and it's harder to track and easier to carry than a bag of cash or jewelry. If I were asked about bitcoin in the street I wouldn't want to tell them too much because you never know who's going to watch these things. Maybe that junkie who lives one block from you and sees you walking to work every day. Now he'll know when you're not at home and that you're saving up in bitcoin.

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November 04, 2019, 09:42:10 PM
 #59

No matter who, it is important that there are more people who own cryptocurrencies.
You're right because in other for cryptocurrencies (especially bitcoin) to the mainstream of payment more people have to own some portion of crypto and with the research I did almost 7 million Americans now own crypto all because of the benefit (upcoming halving) and ease of making payment through cryptocurrency.

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November 04, 2019, 10:17:44 PM
 #60

You should all think how many people who were asked to participate in the survey declined because they did not know what a cryptocurrency is. This would be my reaction if they asked me to participate in a survey. I'd say ok fine and they'd say it's about my opinion about chemo in treatment of children with melanoma. I'd be like  Shocked Huh no thank you I don't have an opinion really.

Those who participated know a lot about crypto. Those who did not declined to take the survey.
We also have to consider those who decline because they want more privacy and they don’t want to expose themselves as a crypto hodler. Well, the numbers is easy to say but its hard to believe that they surveyed for 13 million women, maybe there’s an online consensus about this one but its good to know that more people shows interest about cryptocurrency.

Both of you are correct. Bitcoiners are a specific group of people who value privacy. There's also a factor of the government and taxation each of us has to consider. Most people don't want to disclose their bitcoin holdings because some bitcoiners became targets of home invasions and threats. People see bitcoin holders as easy targets because they have all the money at home and it's harder to track and easier to carry than a bag of cash or jewelry. If I were asked about bitcoin in the street I wouldn't want to tell them too much because you never know who's going to watch these things. Maybe that junkie who lives one block from you and sees you walking to work every day. Now he'll know when you're not at home and that you're saving up in bitcoin.
This is a welcome development to both bitcoin and the entire cryptocurrency community. But I think is kind of development is happening all over the world even down here in my country many people are now joining the cryptocurrency revolution. Hopefully, by the end of the year 2020, the people using cryptocurrency will reach two billion.

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