Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
exstasie
on 10/05/2018, 01:02:36 UTC
I have trouble believing 9% of the US population owns crypto.  

That’s 30 million people.  Coinbase has 11 million active users including a large proportion of foreign users.  So maybe 9 million US users which is 2.7% of the population and instinctively feels more realistic.

This might be your culprit:
Quote
internet-connected respondents

A lot of rural and older people don't really use the internet. Same with children, and I doubt the indigent are responding to surveys like these. How they define "internet-connected respondents" must inflate the numbers; it sounds like a more tech-savvy crowd than average. I saw a recent survey that said 5% of the U.S. population owns some cryptocurrency. Even that sounds like too much.