Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I have trouble believing 9% of the US population owns crypto.
Thats 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.
Thats 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.
There are other on ramps/off ramps besides Coinbase but I agree that the numbers seem high. Most likely due to what is mentioned below.
They surveyed 29,000 people from all over the world who are internet connected. That's actually considerably more than the average survey but still a pitifully small spread. A significant proportion of Americans probably believe the internet harbours Satan.
I've never understood why anyone pays attention to surveys unless they personally visit every single person in the country. Pollsters can kiss my silky buns too.
I've never understood why anyone pays attention to surveys unless they personally visit every single person in the country. Pollsters can kiss my silky buns too.
Leading questions or just the wrong questions tend to make polling suspect imho as well. I do think that it gives a decent probability range however.
Those stats are pure bullshit. Not a chance 50% of the world is knowledgeable about crypto. Only a small percentage of woman are into crypto, which just about destroys that stat.
I would guess less than 2-5% of North Americans could explain what Bitcoin public and private keys are and how they are used. I would consider that topic crypto 101.
I would guess less than 2-5% of North Americans could explain what Bitcoin public and private keys are and how they are used. I would consider that topic crypto 101.
Again..most likely its a number related to persons with a certain degree of technical savvy and a internet connection.
Some of the stats are accurate however. Such as women and men in Asia more equally holding crypto and knowledge of.
I still find studies like this interesting even if the results are skewed. One thing for sure... its a growing space!
+1 WOsMerit I am unsure if it is traumatic bonding or what..but it feels surreal at times hearing and seeing it mentioned daily on major media outlets.I still find studies like this interesting even if the results are skewed. One thing for sure... its a growing space!
This might be your culprit:
+2 WOsMerits Well saidQuote
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.Basing current BTC futures on historical data is a mistake, futures Markets and institutional investment has changed the trajectory to the point all that data is irrelevant. If I had the capitol I would be using that data as traps so i'd assume they are.
I was more interested in the machine learning and potential AI use aspect of it but I tend to agree with you somewhat. I pointed it out because there has been some interest in bot trading previously in this thread. My grandma is 93 years old, and she was asking me about Bitcorn the other day. That was a bit surprising.
There are many asking about bitcoin from unexpected angles. That is awesome.did you ask her how she heard of it? ..I hope I can remember what day it is when and if I reach that age. Having a hard time tracking this info down.. Has bitcoin previously been on the front page of the NYT? I know there have been quite a few articles but this is the first time I recall it being FP.
