Quote from: buwaytress on September 07, 2019, 05:40:57 PM

Quote from: iv4n on September 04, 2019, 07:01:47 PM

This statistic is unchanged for years, most traders comes from US, then Russia and China. Some statistics I have seen had Europe, India, Australia, and South America on their list.
How many people are involved with crypto? 5% of the world population? Maybe little less or little more than that? This only shows how small we are now, but we worth a lot already. What will happen when we reach 20% or much more?

Statistics are only as useful as the parameters used to gather data are useful.

To me it doesn't matter much if the majority of trading volume happens outside my country. What matters is in my country, there is more than enough volume and demand to warrant me trading p2p in my currency... And that's exactly how it is for me.

And as you say, none of this numbers are really meaningful in the end if all we do with bitcoin is trade it and exchange it. One day, we really need to start looking into just how much we are using it for non speculative activity.

Spending it to buy things and pay for things and accepting it as payment. This is what will really propel use, value, demand.

Very well-said. But I guess we are already in that position, the real use case of crypto in the market other than trading and exchanging it. More and more shops or merchants or institutions are now accepting crypto payments. You can always read something that a new shop is now accepting btc payment. So we are already heading to that adoption that will increase the btc value as well as the demand in the market.