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Question: How old are you? (anonymous)
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Author Topic: Age of bitcoiners  (Read 1966 times)
aoluain
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June 21, 2022, 11:41:01 AM
Last edit: June 21, 2022, 11:59:26 AM by aoluain
 #21

I'm sure the result will be 31-35, 35-40 years of age will get the maximum votes. The same is being recorded in the thread where the voting is done for average age of bitcoiners. This time we can see a good number of youngsters, which means the freshers/beginners with few years of experience in a job. Because during the pandemic these people got into cryptocurrency and now they make a good contribution.

Yes 30-35 would be my guess which will be the most popular, It kind of makes
sense really, back in 2009 the current 30-35's would have been around 17-22, college
goers, potentially science or computer students so Bitcoin would have appealed to
that cohort of people back then, obviously others outside that age bracket got involved too.


Maybe old people might didn't have an interest in technology or even using computers.
And most of us now in our age are more fluent on gadgets, so I think that's the reason.
Which as of right now, is probably the contributing factor to younger ages generally being more involved with Bitcoin. It's a currency, the only real difference is it requires a certain knowledge of computers to secure effectively, which is harder the older you're because you haven't grown up with computers. Unless, you have a specific interest, you've likely steered clear of them.

Although, computers are becoming more common in older people now, I imagine in the next twenty years this won't be an issue at all. As pretty much every generation will have some sort of familiarity with computers, and I imagine most will depend on one whether it's for personal usage or within their working environment. I mean phones are pretty much owned by everyone these days, and the majority of them being smart phones.

My parents are in their 70's and they have Bitcoin, they have a laptop but they wont
transact with Bitcoin, We are holding it in our wallets for them, they understand the
concept though and have moved some of their FIAT savings into Bitcoin.

Its true that every generation will become more computer literate.

R


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June 21, 2022, 12:19:09 PM
 #22

In my opinion, joining forums and becoming a bitcoiner doesn't need to look at age, yes although sometimes 18 is the limit for someone to make money, but I think many of us here may have been familiar with bitcoin and forums since we were under 18 years old, because the development of information that is easily accessible today by anyone including teenagers

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June 21, 2022, 12:53:31 PM
 #23

I think the data you are gathering is the age of Bitcoiners and not members of this prestigious forum. This data would be affected by geographical location. The level of Bitcoin awareness would be relative because some countries would have more access to Bitcoin information than others. We all know that the internet gives everybody equal opportunity to access information but most countries lack internet facilities. In Europe, America and some part of Asia the age of Bitcoiners might me from 18 and above because of high Bitcoin awareness and access to internet. While in most developing countries that lacks Bitcoin information and internet facilities the age of Bitcoiners would range from 30 and above. 

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June 21, 2022, 01:07:11 PM
 #24

To be honest, I am very pleased that bitcoin is more of an investment for a younger generation. I think this is a really important aspect.
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June 21, 2022, 01:12:25 PM
 #25

I think the data you are gathering is the age of Bitcoiners and not members of this prestigious forum. This data would be affected by geographical location. The level of Bitcoin awareness would be relative because some countries would have more access to Bitcoin information than others. We all know that the internet gives everybody equal opportunity to access information but most countries lack internet facilities. In Europe, America and some part of Asia the age of Bitcoiners might me from 18 and above because of high Bitcoin awareness and access to internet. While in most developing countries that lacks Bitcoin information and internet facilities the age of Bitcoiners would range from 30 and above. 

That is a very good point! Maybe somebody from a developing country can confirm this Smiley
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June 21, 2022, 01:16:45 PM
 #26

People who get into bitcoin and are over 60 have my respect
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June 21, 2022, 01:34:58 PM
 #27

In my opinion, joining forums and becoming a bitcoiner doesn't need to look at age, yes although sometimes 18 is the limit for someone to make money, but I think many of us here may have been familiar with bitcoin and forums since we were under 18 years old, because the development of information that is easily accessible today by anyone including teenagers

I remember back in 2014 when I start using bitcoin, there were a lot of users under 18 trying to get bitcoins in the casinos and getting banned for their age.

And this makes me ask myself if underage users should be allowed to use bitcoin. They are not welcome in the casinos or the exchanges, so, what can do with bitcoin someone who is still young?

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June 21, 2022, 06:01:14 PM
 #28


I don't really think that are so many women involved with bitcoin or any kind of cryptocurrency. But anyway, I think that is a nice statistic.

When I learned about bitcoin there were very few people younger than me that were also interested about it. I am happy to see new generations buying bitcoin and cryptocurrencies.

I found this website with some different stats based on Google Analytics:

Quote
Yes, it's curious to imagine the percentage of women involved with cryptocurrency is similar to the percentage of men, since we don't see it daily for real. And the difference between GWI research and Google Analytics research's data is huge.

Some hypothesis I've though:

  • GWI appealed to the gender equality policy when doing their research, consequently manipulating results, at some degree;
  • Google Analytics is outdated, because the article containing those informations is from 3 years ago.

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June 21, 2022, 06:43:19 PM
Last edit: June 21, 2022, 08:36:06 PM by darkangel11
 #29

People who get into bitcoin and are over 60 have my respect
Kevin O'Leary -67
Max Keiser -62
Mark Cuban -63
Robert Kiyosaki -75

There's a lot of older people involved in bitcoin. Age doesn't say much about your knowledge and ability to learn. It's actually amazing how sharp some people are in their 60s and 70s. They can put youngsters to shame. Not all people though. Bill Gates is 66 and he's becoming more and more disconnected from reality.

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June 21, 2022, 06:48:39 PM
 #30

I am old enough to be able to have started staking from the beginning, but I was not even close to the scene by then, unfortunatelly. But it's like they say: it's never late to onboard! We need to embrace the revolution that is going on!

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June 21, 2022, 06:54:19 PM
 #31

The funny part is this age stats study might only be accurate if you do it on a much bigger version which also means that, you might have to publish on various sites and evaluate the results I have seen so many rich people in their 70-60's going for Bitcoins, everyone who is essentially and investor is honestly into it since this is something that you cannot seperate from the society at the moment. For me I started out when I was 17 I guess and now am 25, still going strong and it's amazing to see the growth, it does not matter what age you are bitcoins is for everyone , every generation for that matters, it's very wrong to assume that only young people are attracted towards it.

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June 21, 2022, 07:00:23 PM
 #32

An the ones that are constantly denying it, when the time comes, it will hit them hard and then they will regret they didn't onboared on due time! Well, we will use the short HFSP for them! It's a shame, but it is what it is! Same for the shitcoiners that insist in a very long time preference instead a short time preference! This is a concept that everyone should be aware of! Time preference!

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June 21, 2022, 07:22:48 PM
 #33

A forum poll might not be accurate enough to reveal the reality, because many people don't answer them and a higher percentage of crypto adopters should participate in order to collect enough data to reach a conclusion.
Despite this, it's well known most crypto enthusiasts are from millennials' generation (1981 – 1996 birth date). Youngest generation isn't too interested in investing money, it seems. At least for now.
I think it totally makes sense that the millennials are the most invested generation: the majority already works, so they have funds to buy cryptos, and they're not too old to understand and appreciate the technology behind bitcoin. Gen Z is probably too you for having enough money and also the experience to study finance at that age. Personally I got involved in bitcoin when I was 28 (I know it's late), finding a 20-something year old interested more in investing rather than traveling and enjoying life is quite hard.

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June 22, 2022, 05:27:41 AM
 #34

I think a lot of the Generation Z (Aged 10 to 25) are still too young to really grasp the concept of having money that are not controlled by any government. (Honestly, I do not know if they really care about that... )

The Millennials (Aged 26 – 41) and Generation X (Aged 42 – 57) on the other hand, has lived in a world where they have experienced the Banking crisis and all the wrong things that these Banks were doing, so they will understand what "evil" relationship there is between Banks and governments ....and how important "Bitcoin" is....as an alternative payment option. (Be your own Bank)

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June 22, 2022, 05:40:44 AM
 #35


We may not get the real data just through this polls alone. Many users just read and don't notice threads and are not voting as well. But If someone who is in the internet forums since 2010, then most probably we are in the 30's and up.

A forum poll might not be accurate enough to reveal the reality, because many people don't answer them and a higher percentage of crypto adopters should participate in order to collect enough data to reach a conclusion.
Despite this, it's well known most crypto enthusiasts are from millennials' generation (1981 – 1996 birth date). Youngest generation isn't too interested in investing money, it seems. At least for now.



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June 22, 2022, 06:27:42 AM
 #36

In my opinion, joining forums and becoming a bitcoiner doesn't need to look at age, yes although sometimes 18 is the limit for someone to make money, but I think many of us here may have been familiar with bitcoin and forums since we were under 18 years old, because the development of information that is easily accessible today by anyone including teenagers

I only know Bitcoins when I was 20+ yrs old, now that I'm 30, there are lots of things that I can share with the next generations especially some experiences for investing in the right project. But I say to the newbies that are hoping to enter the market, they need to give some time to read the basics and avoid YouTubers who are promoting shitcoins because those are the people who only want to steal money from you with their mouths. They are also an investor in the project they are promoting and they might be about to sell the coins they just needed some small talks to lure you to invest in their pump and dump coins so that they can pull their money out and leave you as a loser.

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June 22, 2022, 07:04:12 AM
 #37

Looks like the golden age for bitcoin is in the age group 30-45, glad to be in that group myself. It makes sense in my opinion to be interested in crypto currencies at that age. It's the age were we worked for several years already, paid back our student loans and finally can afford to save and invest some money. During the years before we might be interested in trading but don't have the capital to be really successful, and at an older age we have a lot of more expenses to worry about and the free money will be spend more on family. What I also noticed when talking to my niece and nephew is that they are not so concerned anymore about financial independence. Maybe it for us the time we lived through the big financial crisis in 2008 that we want more freedom and be independent from the government.
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June 22, 2022, 04:18:54 PM
 #38

Well, we can say that the age of Bitcoiners is basically between 16 and 60 years old:

* We could say as a matter of perspective that those who should have the most activity are those between 25 and 35 years old, so they are people who are possibly with Bitcoin since its inception, people who should have a broader knowledge of the subject, currently . generating capital for the consumption of these (Investments) and since they have sufficient maturity for the correct use of these.

* then come the 16 At 25 we could say that it is the young people who have been learning about the subject, since currently everyone knows Bitcoin but I feel that they do not have enough experience (perhaps I speak too much but it is my point of view).

* and finally there are the elderly who are between 40 and 60 years old... I recently saw a post on this subject in which they say that these characters have "hindered the issue of economic development" and because there are very few who apply this technology and understands that they are people who come from a time when there was no internet and are used to traditional means of payment, so understanding this new economy is complicated.
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June 22, 2022, 04:54:29 PM
 #39

I think most Bitcoin investors are older folks and younger investors are into things like NFTs and smart contract chains like FTM and ICP.
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June 22, 2022, 05:15:29 PM
 #40

It is certain that the young generation between 25-40 is the most open and owns cryptocurrency, young people in these ages are fond of technology and certainly they are very passionate about cryptocurrency because it combines technology and the economy, meaning by working in cryptocurrencies you are inside the world of technology and at the same time earn Money and this is what young people like, but young people of the younger generation are usually fond of games and do not care much about building their economic life because they do not have enough awareness and are not able to take responsibility yet.

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