In my opinion, this study is not authenticated.
Of course not, fake news to pump the coin so all the "early adopters" can drag in people eager to make money so THEY CAN MAKE MONEY while they sell.
Topic: 20% of British residents own #cryptocurrency (Read 251 times)
Of course not, fake news to pump the coin so all the "early adopters" can drag in people eager to make money so THEY CAN MAKE MONEY while they sell.
BULLSHIT. Stop spreading FOMO, they only thing that most of that people are doing is gambling and they measure its value in pounds.
In my opinion, this study is not authenticated. I don't believe in the fact that 20% British residents are actively involved in bitcoin market. Is there any work proof which you can prove that said figure is true.
foreal ? 20% is an incredible number, I never thought british people are so crazy about cryptocurrencies
A study of 2,000 people by lending platform Lendingblock revealed that most think cryptocurrency is here to stay, with 55% expecting shops and buses to accept it in seven years’ time. Just over 20% of respondents said they either own or have owned cryptocurrency.
Wow, I'm actually surprised, I didn't expect such a high %! 
As always when we conduct research like that the numbers are off. I would rather say that 20% of British residents have a vague idea what cryptocurrency is.
There is no way that they are owning any crypto - to have meaningful numbers you can't ask 1000 people and then expect that this will be enough of a benchmark.
There is no way that they are owning any crypto - to have meaningful numbers you can't ask 1000 people and then expect that this will be enough of a benchmark.
I personally don't expect the percentage of bitcoin holders in a a country is that high. Bitcoin is still new and most of the people don't trust it.
As we don't know how that 2000 people are selected, the result of this survey might not be reliable.
As we don't know how that 2000 people are selected, the result of this survey might not be reliable.
The survey may not be 100% correct, I still see this thing as aa good one. British is a great market for cryptocurrency, amd I believe people there can easily use it. I know more people will come and we will soar higher if that things happen.
crypto currency business surveys 2000 of its customers.. to say high percentage of its customer know of cryptocurrency
hmmm
thats like a chocolate company doing a survey of people that walk into a thorntons to ask them if they know what a chocolate truffle is.
whats next uber doing a survey of its uber customers to say high percentile of population use uber
whats next, go to an alcoholics anonymous to say high percentage of country is alcoholic
whats next go to westminster and sit in the commons benches and have a survey that says high percentage of population are in politics
oh i got it
stand outside a female toilets.. results say there is a 99% of females. and they all suffr from needing to pee within minutes of answering someones question
hmmm
thats like a chocolate company doing a survey of people that walk into a thorntons to ask them if they know what a chocolate truffle is.
whats next uber doing a survey of its uber customers to say high percentile of population use uber
whats next, go to an alcoholics anonymous to say high percentage of country is alcoholic
whats next go to westminster and sit in the commons benches and have a survey that says high percentage of population are in politics
oh i got it
stand outside a female toilets.. results say there is a 99% of females. and they all suffr from needing to pee within minutes of answering someones question
It would be great to see it adopted in Britain as they are very influential in financial markets. If adopted in London then the rest of the world will follow, more crypto companies are establishing themselves in the UK such as farmatrust which is a well respected ICO. This will change the sentiment towards crypto for widespread adoption.
First it would be great to see a real proof of the survey because I don't believe the numbers are correct.
Also London isn't that important, especially now when they're leaving the EU and will have to pay them to do it. Short term it's going to hurt them but long term they will be doing better than the rest of the union. But now we also have this dispute with Russia... Who knows., maybe we'll have a war in Europe soon.
It would be great to see it adopted in Britain as they are very influential in financial markets. If adopted in London then the rest of the world will follow, more crypto companies are establishing themselves in the UK such as farmatrust which is a well respected ICO. This will change the sentiment towards crypto for widespread adoption.
Britons have a vision of investment, with 20 per cent choosing to invest in crypto currencies. Less than 5 percent of people in China may choose to buy encrypted currency.
Started thinking maybe by 2020, the number of British residents that own cryptocurrency will be over 75%. It seems there is a massive adoption of cryptocurrency by the British citizens. 25% cryptocurrency users in 2018, the number will definitely reach 75% by 2020 because of the ripple effect to be made by the current 25% of the British cryptocurrency owners.
I agree with you about that, coinbase have even stated that a huge chunk of it's customers are from European countries. What more make users from those country enjoy is the more faster conversion of their fiat to crypto. The latest coinbase alliance with a european bank make it possible to widthraw cash from the bank account and use it to bu bitcoins. Additionally, I have seen famous crypto trading tutorial that are dedicated to european countries compare to asian countries.
The number of people that own crypto is still small compared to what it will be in a few years time. We are still early in the adoption phase, just wait until we hit mainstream! The next few years will be a magical time for crypto.
Oh yeah if 20% of them own cryptos at such a time, I am sure that as time goes on and Bitcoins becomes more stable and less volatile, a lot of people are going to join the bandwagon and during that time they are going to stay and not panic sell at all times.
Such research is usually done on a small group of people that's why it's meaningless. Let's say you take 100 people from a technical college and ask them if they think it's a good investment, then go to a nearby park and ask 100 older people sitting on the benches, then compare the results. I can already tell you that in the first group at least 20% will be crypto friendly and in the second maybe 2% if you're lucky.
The number of people that own crypto is still small compared to what it will be in a few years time. We are still early in the adoption phase, just wait until we hit mainstream! The next few years will be a magical time for crypto.
The whole article reeks of a PR stunt.
They did their survey on their platform that deals with crypto...
Lendingblock is a securities lending platform for the cryptoeconom
It's like going to a church and ask how many people believe in God.
They did their survey on their platform that deals with crypto...
Lendingblock is a securities lending platform for the cryptoeconom
It's like going to a church and ask how many people believe in God.
Yes, and yet only 20% of those own cryptos.
Usually, I am very skeptical about surveys. For example - the sample used in this one is very little (2000) considering that the population of G.B. is around 61 million. Also, they probably mostly interviewed people who are technology savvy.
However, this part is what I find the most interesting and which confirms my thoughts. Better regulation and better usability will inevitably lead to more investments. So much about regulatory FUD......
In the Lendingblock study, 28% of respondents said they would be more tempted by cryptocurrency if there were better apps for buying and selling it, and 23% said government backing would encourage then to invest. Only 10% said they would never buy cryptocurrencies in any circumstances.
However, this part is what I find the most interesting and which confirms my thoughts. Better regulation and better usability will inevitably lead to more investments. So much about regulatory FUD......
thats a good news about bitcoin, news like this will make price bitcoin will go up and i hope a lot people will invest in bitcoin and altcoin more and more.
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