Cryptocurrency users statistics - page 4.

cryptjh

full member

Activity: 532

Merit: 185

Quote from: XMLGold.eu on December 13, 2018, 04:38:47 PM

Cryptocurrency users statistics:
The experts of the marketing agency BDCenter from Belarus analysed the work of the 30 most popular cryptocurrency exchanges in the world.
See more: https://www.xmlgold.eu/en/news/article/782/cryptocurrency-users-statistics/

Quote

More than 70% of the users are men, half of whom have a university degree in relation to economics or mathematics.

So 35% of all traders have a university degree in relation to economics or mathematics!

I don't think 35% of all crypto traders have a university degree in relation to economics or mathematics?

MakeMoneyBtc

full member

Activity: 1092

Merit: 117

Quote from: fiulpro on June 02, 2019, 01:02:53 PM

Something just came up in my mind
* What if they banned cryptocurrencies in USA and Russia ? *

It will be like the ice age of cryptocurrencies , we are actually dependent on their government for our good will , if something bad happens and we have to leave the site of Bitcoins and all and everything will be banned then the price will shoot so low and will take so much time to recover that most of the people involved in this will be at a major loss.
Banning of Bitcoin in smaller countries generally shows a downscale of 100$ -200$ as the net amount , we need to be careful folks.

Everything you said there cant happen overnight. If USA would decide to ban Bitcoin they would have to state that publicly a few months ahead and only after that they will work on the required measures in order to ban it. Because they can't just create a law overnight stating no one is free to use their Bitcoin anymore and ban all exchanges available. If a ban is prepared you will have enough time to retreat in time and minimize your losses.

rizkyhiw

legendary

Activity: 1484

Merit: 1004

Quote from: leonair on June 02, 2019, 01:50:18 PM

Quote from: mcTether on December 13, 2018, 07:07:08 PM

Quote from: XMLGold.eu on December 13, 2018, 04:38:47 PM

Cryptocurrency users statistics:
The experts of the marketing agency BDCenter from Belarus analysed the work of the 30 most popular cryptocurrency exchanges in the world.
See more: https://www.xmlgold.eu/en/news/article/782/cryptocurrency-users-statistics/

I just read the article and realised that the top users are also from the world economic or political powers such as the US, China and Russia. This is also due to the level of awareness and technological advancement which the citizens have taken advantage of too. You won't expect people from poorer countries to have easy access to such information and technology.

That was obvious and so the only thing that we can best do is to follow the steps of these powerhouse countries, if our country doesn't support Bitcoin or cryptocurrency then we can't do about it but at least we can individually decide to ourselves what to do. Most of the investors of these big countries are seeing an opportunity with cryptocurrency and they are already taking part with it, lucky to us who already believe to the future of digital money.

It's all up to the country to decide everything and I'm very optimistic about it all with all the progress in their favor, with so much adoption being an advantage to move forward in the future, with all levels of risk, I never doubt cryptocurrency is now a period of reversal big, this is very useful for most people, they will always use it even without government intervention even following the initial concept of cryptocurrency appearing.

Barbut

hero member

Activity: 1694

Merit: 502

★Bitvest.io★ Play Plinko or Invest!

In this article nothing new, as I remember from similar observations from couple years ago> US on top, China and Russia are following. With one exception, EU have many people involved in cryptocurrencies, its kinda strange to not see EU on this list.
What is the most interesting is this part "13 out of 30 analysed exchanges have their own token." That`s new this time, soon almost all of them will have their token probably.

leonair

sr. member

Activity: 1260

Merit: 390

Quote from: mcTether on December 13, 2018, 07:07:08 PM

Quote from: XMLGold.eu on December 13, 2018, 04:38:47 PM

Cryptocurrency users statistics:
The experts of the marketing agency BDCenter from Belarus analysed the work of the 30 most popular cryptocurrency exchanges in the world.
See more: https://www.xmlgold.eu/en/news/article/782/cryptocurrency-users-statistics/

I just read the article and realised that the top users are also from the world economic or political powers such as the US, China and Russia. This is also due to the level of awareness and technological advancement which the citizens have taken advantage of too. You won't expect people from poorer countries to have easy access to such information and technology.

That was obvious and so the only thing that we can best do is to follow the steps of these powerhouse countries, if our country doesn't support Bitcoin or cryptocurrency then we can't do about it but at least we can individually decide to ourselves what to do. Most of the investors of these big countries are seeing an opportunity with cryptocurrency and they are already taking part with it, lucky to us who already believe to the future of digital money.

Lumi3004

jr. member

Activity: 462

Merit: 2

That is, one weakness for a country that has not developed compared to developed countries,
Even though cryptocurrency can be a guideline to boost the economic life of certain countries such as the nickel you display.
I hope for countries that have not recognized crypto as a digital currency, this will be a useful resource for the country how crypto is very positive for the economy.

angel55

full member

Activity: 630

Merit: 172

Quote from: fiulpro on June 02, 2019, 01:02:53 PM

Something just came up in my mind
* What if they banned cryptocurrencies in USA and Russia ? *

It will be like the ice age of cryptocurrencies , we are actually dependent on their government for our good will , if something bad happens and we have to leave the site of Bitcoins and all and everything will be banned then the price will shoot so low and will take so much time to recover that most of the people involved in this will be at a major loss.
Banning of Bitcoin in smaller countries generally shows a downscale of 100$ -200$ as the net amount , we need to be careful folks.

USA will never ban cryptocurrencies, there is too much tax revenue to be had from crypto related businesses. Now they may go and try to ban privacy coins in the future as they can't track what citizens do with their money.

fiulpro

hero member

Activity: 1862

Merit: 830

Something just came up in my mind
* What if they banned cryptocurrencies in USA and Russia ? *

It will be like the ice age of cryptocurrencies , we are actually dependent on their government for our good will , if something bad happens and we have to leave the site of Bitcoins and all and everything will be banned then the price will shoot so low and will take so much time to recover that most of the people involved in this will be at a major loss.
Banning of Bitcoin in smaller countries generally shows a downscale of 100$ -200$ as the net amount , we need to be careful folks.

BrewMaster

legendary

Activity: 2114

Merit: 1293

There is trouble abrewing

Quote from: Kakmakr on June 02, 2019, 05:37:47 AM

The statistics are a true reflection of how mass adoption should start in the countries with the biggest potential market and strongest economic power globally. Wink

Bitcoin would not have been this successful if it started in 3rd world countries. We see this happening with technologies like M-Pesa that was developed before Bitcoin and that only grew in African countries.

Target the large markets first and then spread out to the smaller 3rd world countries where it is needed the most. Third world countries tend to skip technologies, but Bitcoin's slow growth will make sure that they will grow with the technology. Wink

actually bitcoin is big in many of the third word countries for many different reasons.
starting from the fact that it is decentralized and most of these countries with corrupt government also have corrupt banks and economy. bitcoin is their people's exit towards freedom.
then we have the fact that the bitcoin price rise combined (in some cases) with the high inflation rate in these countries has made it an unbelievably good investment. like bitcoin in Venezuela or in India back in 2017 where they were paying upto 40% higher price than the rest of the world to buy bitcoin!

gantez

full member

Activity: 1736

Merit: 121

Quote from: Kakmakr on June 02, 2019, 05:37:47 AM

Third world countries tend to skip technologies, but Bitcoin's slow growth will make sure that they will grow with the technology. Wink

Skip you said ? Grin

I don't really think so that they skip technology except to the extent that their government, constitution or policy is not channelled towards the development of technology. They are not working in that aspect, they don't take it serious.

Kakmakr

legendary

Activity: 3514

Merit: 1963

Leading Crypto Sports Betting & Casino Platform

The statistics are a true reflection of how mass adoption should start in the countries with the biggest potential market and strongest economic power globally. Wink

Bitcoin would not have been this successful if it started in 3rd world countries. We see this happening with technologies like M-Pesa that was developed before Bitcoin and that only grew in African countries.

Target the large markets first and then spread out to the smaller 3rd world countries where it is needed the most. Third world countries tend to skip technologies, but Bitcoin's slow growth will make sure that they will grow with the technology. Wink

Freny250

copper member

Activity: 307

Merit: 1

Just read the article it seems as if the top users are users from top countries where their citizens are more exposed to technological advancements. The statistics is arguably correct

1Referee

legendary

Activity: 2170

Merit: 1427

Quote from: BlackPanda on December 14, 2018, 12:37:23 AM

Poor countries really don't access Bitcoin too much, this is because infrastructure is still limited because crypto access really requires internet networks and computer devices such as smartphones and various other sophisticated hardware.

While people in third world countries don't have the best infrastructure to work with, they definitely aren't lagging behind to the degree most people here think they do. I was of impression that everything was shit over there as well, but they have been forced to conveniently work around certain problems when it comes to payments, and it does seem to work.

Sure, not as good and cheap as Bitcoin would allow them to conduct payments, but it works for them. I can't wait for LN to be up and running to the degree these people can easily enjoy the best possible payment infrastructure and for the lowest possible cost. It requires just one large exchange to tap in and you'll see the rest follow because they don't want to be left behind. It will be a domino effect for the benefit of the world.

Baofeng

legendary

Activity: 2576

Merit: 1655

I really don't know how the guys pull off this kind of data from exchanges, did they just emailed them saying I need information, please provide this blah blah blah. So I'm doubtful about the statistics being shown in the study, why is China still there and where's Japan and South Korea? So I'm really doubtful of the said data and it looks like this is just a click-bait article with nothing to offer, sorry.

rickadone

legendary

Activity: 1176

Merit: 1024

Quote from: XMLGold.eu on December 13, 2018, 04:38:47 PM

Cryptocurrency users statistics:
The experts of the marketing agency BDCenter from Belarus analysed the work of the 30 most popular cryptocurrency exchanges in the world.
See more: https://www.xmlgold.eu/en/news/article/782/cryptocurrency-users-statistics/

The numbers are a bit misleading compared to percentages because there are not so many people who would like to accept they do use crypto in places like china because of a risk to be punished about it. China is actually leading the world in crypto however even at a 11% (which is misleading like I said because not all that say they don't use it are telling the truth) they have a bigger number than USA's %30. Which means we should be focusing on more about population rather than percentage.

But, if we focus on percentage there are places like Singapore or south Africa where people are 30-40% and even more to use crypto. In my country there are 15%+ people using crypto as well because it became such a regular part of our lives last year and it was a shock when a person who is between 20-40 years old and not had any relations to crypto at all, people who never even cared about crypto were either little kids or elder people.

Baby Dragon

sr. member

Activity: 896

Merit: 272

OWNR - Store all crypto in one app.

Quote from: Rashid555 on December 14, 2018, 01:00:00 AM

Crypto currency is increasing in the world and the statistics shows that bitcoin uses is high and now they are not using much it is clear from the exchanges that volume of bitcoin is affected by the price fall and if the demand rise then we will be able to use our crypto.

Even the cryptocurrency is keep on increase but the price is not we can't really use our cryptocurrency because we will tend to hold than to use it. Increase the users of bitcoin will really end up with high demand but it seems the price is keep on falling which is not good. I hope the number of people who use bitcoin will lead the price to increase.

Rashid555

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Activity: 350

Merit: 100

Crypto currency is increasing in the world and the statistics shows that bitcoin uses is high and now they are not using much it is clear from the exchanges that volume of bitcoin is affected by the price fall and if the demand rise then we will be able to use our crypto.

BlackPanda

legendary

Activity: 1414

Merit: 1001

Quote from: mcTether on December 13, 2018, 07:07:08 PM

Quote from: XMLGold.eu on December 13, 2018, 04:38:47 PM

Cryptocurrency users statistics:
The experts of the marketing agency BDCenter from Belarus analysed the work of the 30 most popular cryptocurrency exchanges in the world.
See more: https://www.xmlgold.eu/en/news/article/782/cryptocurrency-users-statistics/

I just read the article and realised that the top users are also from the world economic or political powers such as the US, China and Russia. This is also due to the level of awareness and technological advancement which the citizens have taken advantage of too. You won't expect people from poorer countries to have easy access to such information and technology.

Statistically, Bitcoin users are dominated by users in developed countries, this is because people in developed countries have high access to information and technology. Infrastructure is a benchmark for determining how many users access Bitcoin. Poor countries really don't access Bitcoin too much, this is because infrastructure is still limited because crypto access really requires internet networks and computer devices such as smartphones and various other sophisticated hardware.

CryptoBry

sr. member

Activity: 1008

Merit: 355

Quote from: XMLGold.eu on December 13, 2018, 04:38:47 PM

Cryptocurrency users statistics:
The experts of the marketing agency BDCenter from Belarus analysed the work of the 30 most popular cryptocurrency exchanges in the world.
See more: https://www.xmlgold.eu/en/news/article/782/cryptocurrency-users-statistics/

These top countries will be dominating cryptocurrency trading and exchange for the next many years. What is significant here is that China remains to be a big force in this marketplace even if their government has had been waging a war on cryptocurrency (though they love and expanding on the blockchain technology). I am wondering why Japan is not figuring that much though am sure that Japanese are top crypto-loving people too and one of the first to recognize Bitcoin. Another significant fact here is that it can really be so lucrative to do cryptocurrency exchange business though this is getting to be very competitive now that there are already so many players on the market and more can be coming.

mcTether

jr. member

Activity: 238

Merit: 2

Quote from: XMLGold.eu on December 13, 2018, 04:38:47 PM

Cryptocurrency users statistics:
The experts of the marketing agency BDCenter from Belarus analysed the work of the 30 most popular cryptocurrency exchanges in the world.
See more: https://www.xmlgold.eu/en/news/article/782/cryptocurrency-users-statistics/

I just read the article and realised that the top users are also from the world economic or political powers such as the US, China and Russia. This is also due to the level of awareness and technological advancement which the citizens have taken advantage of too. You won't expect people from poorer countries to have easy access to such information and technology.

Topic: Cryptocurrency users statistics - page 4. (Read 3996 times)