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Topic: [2017-11-16] Survey: Bitcoin Investors Won't Sell Until Price Nears $200k (Read 1152 times)

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Survey: Bitcoin Investors Won't Sell Until Price Nears $200k

New survey data highlights the ideological and economic factors driving some investors to purchase bitcoin.
A new report published today by LendEDU – which has conducted several similar studies in the past year – details the responses from 564 poll-takers. Of those, roughly 40% of participants said that they invested in bitcoin because they believe it is "a world changing technology."

Twenty-one percent of those involved say its because bitcoin is "a long term store of value, like gold or silver", with roughly 15% of those saying they bought in because a friend or family member recommended it. Those who said they think the price is "too low" accounted for 14% of respondents, while just 8% said they planned to use bitcoin as a payment method.

https://www.coindesk.com/survey-plurality-of-bitcoin-users-think-it-can-change-world/
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