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Topic: Age of bitcoiners - page 7. (Read 2043 times)

hero member
Activity: 3038
Merit: 617
June 22, 2022, 12:40:44 AM
#35

We may not get the real data just through this polls alone. Many users just read and don't notice threads and are not voting as well. But If someone who is in the internet forums since 2010, then most probably we are in the 30's and up.

A forum poll might not be accurate enough to reveal the reality, because many people don't answer them and a higher percentage of crypto adopters should participate in order to collect enough data to reach a conclusion.
Despite this, it's well known most crypto enthusiasts are from millennials' generation (1981 – 1996 birth date). Youngest generation isn't too interested in investing money, it seems. At least for now.



DIGITAL 2022: BIG RISE IN CRYPTOCURRENCY OWNERSHIP

This result however is not all Bitcoiners. People in crypto is a growing population. There are kids as early as 14 playing Axie Infinity, its a good age to start learning crypto.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
June 22, 2022, 12:27:41 AM
#34
I think a lot of the Generation Z (Aged 10 to 25) are still too young to really grasp the concept of having money that are not controlled by any government. (Honestly, I do not know if they really care about that... )

The Millennials (Aged 26 – 41) and Generation X (Aged 42 – 57) on the other hand, has lived in a world where they have experienced the Banking crisis and all the wrong things that these Banks were doing, so they will understand what "evil" relationship there is between Banks and governments ....and how important "Bitcoin" is....as an alternative payment option. (Be your own Bank)
legendary
Activity: 2576
Merit: 2880
Catalog Websites
June 21, 2022, 02:22:48 PM
#33
A forum poll might not be accurate enough to reveal the reality, because many people don't answer them and a higher percentage of crypto adopters should participate in order to collect enough data to reach a conclusion.
Despite this, it's well known most crypto enthusiasts are from millennials' generation (1981 – 1996 birth date). Youngest generation isn't too interested in investing money, it seems. At least for now.
I think it totally makes sense that the millennials are the most invested generation: the majority already works, so they have funds to buy cryptos, and they're not too old to understand and appreciate the technology behind bitcoin. Gen Z is probably too you for having enough money and also the experience to study finance at that age. Personally I got involved in bitcoin when I was 28 (I know it's late), finding a 20-something year old interested more in investing rather than traveling and enjoying life is quite hard.
hero member
Activity: 1274
Merit: 681
I rather die on my feet than to live on my knees
June 21, 2022, 02:00:23 PM
#32
An the ones that are constantly denying it, when the time comes, it will hit them hard and then they will regret they didn't onboared on due time! Well, we will use the short HFSP for them! It's a shame, but it is what it is! Same for the shitcoiners that insist in a very long time preference instead a short time preference! This is a concept that everyone should be aware of! Time preference!
hero member
Activity: 1890
Merit: 831
June 21, 2022, 01:54:19 PM
#31
The funny part is this age stats study might only be accurate if you do it on a much bigger version which also means that, you might have to publish on various sites and evaluate the results I have seen so many rich people in their 70-60's going for Bitcoins, everyone who is essentially and investor is honestly into it since this is something that you cannot seperate from the society at the moment. For me I started out when I was 17 I guess and now am 25, still going strong and it's amazing to see the growth, it does not matter what age you are bitcoins is for everyone , every generation for that matters, it's very wrong to assume that only young people are attracted towards it.
hero member
Activity: 1274
Merit: 681
I rather die on my feet than to live on my knees
June 21, 2022, 01:48:39 PM
#30
I am old enough to be able to have started staking from the beginning, but I was not even close to the scene by then, unfortunatelly. But it's like they say: it's never late to onboard! We need to embrace the revolution that is going on!
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
June 21, 2022, 01:43:19 PM
#29
People who get into bitcoin and are over 60 have my respect
Kevin O'Leary -67
Max Keiser -62
Mark Cuban -63
Robert Kiyosaki -75

There's a lot of older people involved in bitcoin. Age doesn't say much about your knowledge and ability to learn. It's actually amazing how sharp some people are in their 60s and 70s. They can put youngsters to shame. Not all people though. Bill Gates is 66 and he's becoming more and more disconnected from reality.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
June 21, 2022, 01:01:14 PM
#28

I don't really think that are so many women involved with bitcoin or any kind of cryptocurrency. But anyway, I think that is a nice statistic.

When I learned about bitcoin there were very few people younger than me that were also interested about it. I am happy to see new generations buying bitcoin and cryptocurrencies.

I found this website with some different stats based on Google Analytics:

Quote
Yes, it's curious to imagine the percentage of women involved with cryptocurrency is similar to the percentage of men, since we don't see it daily for real. And the difference between GWI research and Google Analytics research's data is huge.

Some hypothesis I've though:

  • GWI appealed to the gender equality policy when doing their research, consequently manipulating results, at some degree;
  • Google Analytics is outdated, because the article containing those informations is from 3 years ago.
legendary
Activity: 3346
Merit: 3130
June 21, 2022, 08:34:58 AM
#27
In my opinion, joining forums and becoming a bitcoiner doesn't need to look at age, yes although sometimes 18 is the limit for someone to make money, but I think many of us here may have been familiar with bitcoin and forums since we were under 18 years old, because the development of information that is easily accessible today by anyone including teenagers

I remember back in 2014 when I start using bitcoin, there were a lot of users under 18 trying to get bitcoins in the casinos and getting banned for their age.

And this makes me ask myself if underage users should be allowed to use bitcoin. They are not welcome in the casinos or the exchanges, so, what can do with bitcoin someone who is still young?
newbie
Activity: 12
Merit: 2
June 21, 2022, 08:16:45 AM
#26
People who get into bitcoin and are over 60 have my respect
hero member
Activity: 1050
Merit: 642
Magic
June 21, 2022, 08:12:25 AM
#25
I think the data you are gathering is the age of Bitcoiners and not members of this prestigious forum. This data would be affected by geographical location. The level of Bitcoin awareness would be relative because some countries would have more access to Bitcoin information than others. We all know that the internet gives everybody equal opportunity to access information but most countries lack internet facilities. In Europe, America and some part of Asia the age of Bitcoiners might me from 18 and above because of high Bitcoin awareness and access to internet. While in most developing countries that lacks Bitcoin information and internet facilities the age of Bitcoiners would range from 30 and above. 

That is a very good point! Maybe somebody from a developing country can confirm this Smiley
jr. member
Activity: 98
Merit: 2
June 21, 2022, 08:07:11 AM
#24
To be honest, I am very pleased that bitcoin is more of an investment for a younger generation. I think this is a really important aspect.
legendary
Activity: 1064
Merit: 1101
June 21, 2022, 07:53:31 AM
#23
I think the data you are gathering is the age of Bitcoiners and not members of this prestigious forum. This data would be affected by geographical location. The level of Bitcoin awareness would be relative because some countries would have more access to Bitcoin information than others. We all know that the internet gives everybody equal opportunity to access information but most countries lack internet facilities. In Europe, America and some part of Asia the age of Bitcoiners might me from 18 and above because of high Bitcoin awareness and access to internet. While in most developing countries that lacks Bitcoin information and internet facilities the age of Bitcoiners would range from 30 and above. 
sr. member
Activity: 812
Merit: 254
Leading Crypto Sports Betting & Casino Platform
June 21, 2022, 07:19:09 AM
#22
In my opinion, joining forums and becoming a bitcoiner doesn't need to look at age, yes although sometimes 18 is the limit for someone to make money, but I think many of us here may have been familiar with bitcoin and forums since we were under 18 years old, because the development of information that is easily accessible today by anyone including teenagers
legendary
Activity: 2464
Merit: 1387
June 21, 2022, 06:41:01 AM
#21
I'm sure the result will be 31-35, 35-40 years of age will get the maximum votes. The same is being recorded in the thread where the voting is done for average age of bitcoiners. This time we can see a good number of youngsters, which means the freshers/beginners with few years of experience in a job. Because during the pandemic these people got into cryptocurrency and now they make a good contribution.

Yes 30-35 would be my guess which will be the most popular, It kind of makes
sense really, back in 2009 the current 30-35's would have been around 17-22, college
goers, potentially science or computer students so Bitcoin would have appealed to
that cohort of people back then, obviously others outside that age bracket got involved too.


Maybe old people might didn't have an interest in technology or even using computers.
And most of us now in our age are more fluent on gadgets, so I think that's the reason.
Which as of right now, is probably the contributing factor to younger ages generally being more involved with Bitcoin. It's a currency, the only real difference is it requires a certain knowledge of computers to secure effectively, which is harder the older you're because you haven't grown up with computers. Unless, you have a specific interest, you've likely steered clear of them.

Although, computers are becoming more common in older people now, I imagine in the next twenty years this won't be an issue at all. As pretty much every generation will have some sort of familiarity with computers, and I imagine most will depend on one whether it's for personal usage or within their working environment. I mean phones are pretty much owned by everyone these days, and the majority of them being smart phones.

My parents are in their 70's and they have Bitcoin, they have a laptop but they wont
transact with Bitcoin, We are holding it in our wallets for them, they understand the
concept though and have moved some of their FIAT savings into Bitcoin.

Its true that every generation will become more computer literate.
hero member
Activity: 1050
Merit: 642
Magic
June 21, 2022, 06:23:01 AM
#20

Younger generations seem to prefer videos over text and social media over forums due to more pleasant UI experience and more comfort.  I rather see older generations searching for a forum than young ones.


You may be right with what the so far (limited) data shows. There is nobody under 18 and also just one person from 18-22 so far. I would have thought there were many more pople in this age group here and also there should be many more people here since the usage/understanding of computers and phones is way higher. So my assumption would be that most of them are at reddit or similar sites, maybe also telegram.
legendary
Activity: 882
Merit: 1873
Crypto Swap Exchange
June 21, 2022, 05:29:11 AM
#19
We need thousands of votes to have a somewhat reliable and bulkier statistic to work with.  With one or two hundred votes it is hard to make a reliable assumption.  Also, how many people use forums nowadays?

Also many people who have bitcoin may not even know that this forum exist, especially older generations who don't do everything on the internet.
I would argue it might be the opposite way.  Younger generations seem to prefer videos over text and social media over forums due to more pleasant UI experience and more comfort.  I rather see older generations searching for a forum than young ones.

But maybe I am just wrong.

-
Regards,
PrivacyG
hero member
Activity: 2366
Merit: 594
June 21, 2022, 05:02:04 AM
#18
People that are 50yrs old above won't pay interest that much learning bitcoin, even using digital wallets to ease their life is difficult for them. My parents are at those age and they don't know how to transact online. They are even skeptic when I pay some of our utility bill using my phone only. The technology on their generation is not advance making it difficult for them to adapt. While us who are below 30's where technology has been a necessity to our daily lives and we are more open-minded with these type of innovations.
staff
Activity: 3304
Merit: 4115
June 21, 2022, 03:16:51 AM
#17

Maybe old people might didn't have an interest in technology or even using computers.
And most of us now in our age are more fluent on gadgets, so I think that's the reason.
Which as of right now, is probably the contributing factor to younger ages generally being more involved with Bitcoin. It's a currency, the only real difference is it requires a certain knowledge of computers to secure effectively, which is harder the older you're because you haven't grown up with computers. Unless, you have a specific interest, you've likely steered clear of them.

Although, computers are becoming more common in older people now, I imagine in the next twenty years this won't be an issue at all. As pretty much every generation will have some sort of familiarity with computers, and I imagine most will depend on one whether it's for personal usage or within their working environment. I mean phones are pretty much owned by everyone these days, and the majority of them being smart phones.
hero member
Activity: 2086
Merit: 501
★Bitvest.io★ Play Plinko or Invest!
June 21, 2022, 02:56:04 AM
#16
Back in 2016 most of the friends that I met in crypto are around 16-20,
So most of us are 20-30 now and I am thankful for crypto because I met so many friends and made some great memories with them.
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