Post
Topic
Board Altcoin Discussion
Re: Altcoin Trading June - will I be able to make profit?
by
sdmathis
on 29/05/2015, 17:56:18 UTC
Totally man, I'm pretty into this. Its also amazing how small this activity is right now. I would bet there's less than 100,000 AltCoin traders in the world and maybe only 10,000 are active in a day. It presents a really fascinating, challenging and unexplored landscape.

Lol @ these numbers pulled from your ass.

Federal Reserve Bank, in a PDF back in October 2014, said the number of Bitcoin human users (not addresses) was only 100,000.  So of course there are less than 100,000 AltCoin traders in the world, since there isn't even more than 100,000 Bitcoin users!  

That's after 6 years by the way, Whatsapp is newer and has 300 million users and digital messaging (like digital payments) started around the same time and it didn't stop PayPal from attaining 130 million users.

www.federalreserve.gov/econresdata/feds/2014/files/2014104pap.pdf


Lettuce beef cereal (let us be serious), while nobody has done the metrics or analytic on it, I would say the core following for alternates is only in the high thousands.  After all you would be hard pressed to know alternates even exist unless you follow the exchanges or read forums like Bitcointalk.

Comparable to Bitcoin, Alternates generally have no user adoption and none to my knowledge have proposed, let alone implemented, a concrete plan to acquire users.  Probably the best in the industry so far, despite its' creator being a slumlord and implicated in a direct revenue scam in the mid-2000s, is that NeuCoin thing which is going to spam its' Nut Coin on freemium websites but even his freemium websites only attract minor traffic (relative to the rest of the internet and people who are accustomed to free shit aren't going to buy or need magical internet coins).



Don't be an asshole. He said that it was a guess when he said "I would bet there's less than 100,000 AltCoin traders in the world." He never said that they were actual statistics.