Author

Topic: Cryptocurrency users statistics (Read 4025 times)

full member
Activity: 352
Merit: 100
September 10, 2019, 03:19:41 PM
#79
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?

Officially, statistics showed that in 2018 there were 35 million people, who use cryptocurrencies. I am more than sure that now, this number is doubled. Most of them come from the USA, and what is really curious, from China and Russia, where crypto users meet difficulties.

Men are almost three times more likely to own cryptocurrencies than women. The survey also showed that millennials (people born after 1981) show a high interest in cryptocurrencies.
legendary
Activity: 3472
Merit: 1724
September 08, 2019, 04:52:15 AM
#78
I am not sure about the United States, but there are hundreds of Bitcoin exchanges based there and I believe that it is quite easy for the Americans to purchase Bitcoin. Anyway, for now we can ignore the US. What about Japan? Don't tell me that it is easier to purchase Bitcoins in Ghana (which doesn't have a single Bitcoin exchange) than doing so in Japan.

Not sure about Ghana <-> Japan comparison, but there aren't 'hundreds of Bitcoin exchanges'. The US has several of the big ones there, but that's it, the barrier of entry is too high.
member
Activity: 784
Merit: 10
https://streamies.io/
September 08, 2019, 02:40:38 AM
#77
I am really quite curious about the listing fee of Huobi Global. Why is their listing fee so high, 3.5 times higher than binance while Binance's community is bigger and more influential?
sr. member
Activity: 1988
Merit: 453
September 08, 2019, 01:17:06 AM
#76
Lol.. this look quite ridiculous. Do you want to say that the Bitcoin adoption in the United States is lower than the world wide average? And even more ridiculous is the figure for Japan, which is regarded by many as the country with the maximum Bitcoin penetration. I don't know much about South Africa, but to say that countries like Nigeria and Ghana have more Bitcoin users (in %) compared to US and Japan is pure BS.

Why are you surprised? There are more barriers to dealing with cryptocurrencies in the US than elsewhere. A lot of the countries higher up the list have citizens suffering from problems such as high inflation or capital controls so I'm not surprised they score higher. Another thing worth mentioning is the prevalence of various ponzi schemes based on cryptocurrencies in certain African countries.

I am not sure about the United States, but there are hundreds of Bitcoin exchanges based there and I believe that it is quite easy for the Americans to purchase Bitcoin. Anyway, for now we can ignore the US. What about Japan? Don't tell me that it is easier to purchase Bitcoins in Ghana (which doesn't have a single Bitcoin exchange) than doing so in Japan.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
September 07, 2019, 04:00:13 PM
#75
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.
legendary
Activity: 2968
Merit: 3684
Join the world-leading crypto sportsbook NOW!
September 07, 2019, 12:40:57 PM
#74
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.
legendary
Activity: 3472
Merit: 1724
September 07, 2019, 07:42:18 AM
#73
Lol.. this look quite ridiculous. Do you want to say that the Bitcoin adoption in the United States is lower than the world wide average? And even more ridiculous is the figure for Japan, which is regarded by many as the country with the maximum Bitcoin penetration. I don't know much about South Africa, but to say that countries like Nigeria and Ghana have more Bitcoin users (in %) compared to US and Japan is pure BS.

Why are you surprised? There are more barriers to dealing with cryptocurrencies in the US than elsewhere. A lot of the countries higher up the list have citizens suffering from problems such as high inflation or capital controls so I'm not surprised they score higher. Another thing worth mentioning is the prevalence of various ponzi schemes based on cryptocurrencies in certain African countries.
full member
Activity: 1638
Merit: 122
September 07, 2019, 06:58:29 AM
#72
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.
And I think male domination is greater than 70% because honestly I still very rarely find female traders, 10 of my friends who joined crypto were only 1 who is woman, maybe it could be interpreted as only 10% of the number of women in crypto. and I'm not surprised if Russia and the USA are the most users because they are very welcome to technological developments such as crypto


That is true, men still dominate in crypto world but despite that I would say the number of women traders is bigger than represented. And I say that because I know that some women traders take male identity to be taken more seriously and to get trust easier.
Women need to be more encouraged to enter the crypto world.
woah  really ? but what i thought trading sites now requires a kyc ?  did they also fake the kyc process ? females are always welcome trade because there is no rules that trading and crypto thing are only for men  . profiles are not also needed when trading so its not necesarily to create men profile  . anyway , crypto stats this year are now have grown alot before the op posted this link   .the op should update a new stats for this year
sr. member
Activity: 1988
Merit: 453
September 07, 2019, 06:47:28 AM
#71
Well people from poor countries are mostly late to get some infomation about something like this.
And most of the time they couldn't risk their money if their isn't too much info about it.
Most of the time they would just invest when it is already well known or being trusted by many people.
For now, I think the spread of information around the world is evenly distributed only the technology spread is not yet equitable. as long as these poor countries are connected to the internet, I think they receive the same information as developed countries.


source: https://hackernoon.com/south-africa-tops-the-list-of-cryptocurrency-ownership-among-global-internet-users-bxazr30ti

Lol.. this look quite ridiculous. Do you want to say that the Bitcoin adoption in the United States is lower than the world wide average? And even more ridiculous is the figure for Japan, which is regarded by many as the country with the maximum Bitcoin penetration. I don't know much about South Africa, but to say that countries like Nigeria and Ghana have more Bitcoin users (in %) compared to US and Japan is pure BS.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
September 07, 2019, 05:57:24 AM
#70
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.
And I think male domination is greater than 70% because honestly I still very rarely find female traders, 10 of my friends who joined crypto were only 1 who is woman, maybe it could be interpreted as only 10% of the number of women in crypto. and I'm not surprised if Russia and the USA are the most users because they are very welcome to technological developments such as crypto


That is true, men still dominate in crypto world but despite that I would say the number of women traders is bigger than represented. And I say that because I know that some women traders take male identity to be taken more seriously and to get trust easier.
Women need to be more encouraged to enter the crypto world.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
September 07, 2019, 03:28:07 AM
#69
Well people from poor countries are mostly late to get some infomation about something like this.
And most of the time they couldn't risk their money if their isn't too much info about it.
Most of the time they would just invest when it is already well known or being trusted by many people.
For now, I think the spread of information around the world is evenly distributed only the technology spread is not yet equitable. as long as these poor countries are connected to the internet, I think they receive the same information as developed countries.


source: https://hackernoon.com/south-africa-tops-the-list-of-cryptocurrency-ownership-among-global-internet-users-bxazr30ti


Actually people from the poor country using this to make some money against their fiat money because they knows that their country not having much restrictions and also perfect taxation system for the usage of cryptos.
jr. member
Activity: 129
Merit: 1
September 07, 2019, 02:30:31 AM
#68
In this article actually not so much information
full member
Activity: 1414
Merit: 228
Omicron is another FUD
September 06, 2019, 01:34:36 PM
#67
Well people from poor countries are mostly late to get some infomation about something like this.
And most of the time they couldn't risk their money if their isn't too much info about it.
Most of the time they would just invest when it is already well known or being trusted by many people.
For now, I think the spread of information around the world is evenly distributed only the technology spread is not yet equitable. as long as these poor countries are connected to the internet, I think they receive the same information as developed countries.


source: https://hackernoon.com/south-africa-tops-the-list-of-cryptocurrency-ownership-among-global-internet-users-bxazr30ti

legendary
Activity: 3472
Merit: 1724
September 06, 2019, 12:24:46 PM
#66
Based on what stats these data were given?

I read a thread where Germany contains most bitcoin nodes followed by USA which shows that more crypto users are coming from that region but we thought that China is having more miners and controlling the bitcoin.

The number of nodes might not necessarily be correlated with the number of users in a given country, node country info is based on the IP address, and many nodes are hosted in international hosting companies' data centers.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
September 06, 2019, 05:50:20 AM
#65
Based on what stats these data were given?

I read a thread where Germany contains most bitcoin nodes followed by USA which shows that more crypto users are coming from that region but we thought that China is having more miners and controlling the bitcoin.
legendary
Activity: 3766
Merit: 1217
September 05, 2019, 08:15:10 PM
#64
As per their research, Russia is having more users when compared to China, and this is a bit difficult to believe. Initially, Russia had one of the largest number of cryptocurrency users. But from 2014 onward, China started edging out Russia. IMO, the stats from the research may be biased, as it was conducted by an agency from the former USSR. They might have overstated the number of users from Russia.

Another thing is that they didn't took the European Union as a single entity. Had they done so, then Russia would have been #3 and China at #4, with EU overtaking them in user base. Anyway, they seems to be right about the average age of the users. Almost all of the cryptocurrency users are aged between 20 to 40, with only a few found among the 40+ age group.
legendary
Activity: 3080
Merit: 1353
September 05, 2019, 05:31:07 PM
#63
As far as we know, some states have their own laws regarding cryptocurrency and its legalization.  Since today the United States is fighting crime and terrorism, they are looking for sources of income for attackers.  That is why the government wants to see the sources of income of each person and what financial flows exist in the state in order to prevent the financing of crime.

They have been fighting crimes for more than a decade now and it's unfair for crypto to be a target. Although criminals are using bitcoin or crypto in general, governments are really hot on its tail so sooner or later they will crack those addresses and find the footprints of those people who are behind. But on the other hand, there are friendly governments around the world as well, who despite all the criticism on crypto, they learn to embrace it at any angle.
sr. member
Activity: 1176
Merit: 301
September 05, 2019, 05:06:59 PM
#62
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.
Well people from poor countries are mostly late to get some infomation about something like this.
And most of the time they couldn't risk their money if their isn't too much info about it.
Most of the time they would just invest when it is already well known or being trusted by many people.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
September 05, 2019, 12:10:36 PM
#61
As far as we know, some states have their own laws regarding cryptocurrency and its legalization.  Since today the United States is fighting crime and terrorism, they are looking for sources of income for attackers.  That is why the government wants to see the sources of income of each person and what financial flows exist in the state in order to prevent the financing of crime.
the steps taken by the American government can be an example for other countries who are concerned with the anonymous nature of cryptocurrency. by tracing the source of funds, then crimes such as terrorism, money laundering, drugs can be overcome. if all countries are aware of this, then I think bitcoin users will continue to increase
Maybe in one way what America does seems to be right, but when it comes to finance there is a need for freedom. Governments should have a track record, but they doesn't want to bother about the source. No government has fulfilled its citizens with the basic needs of life. Whether it can be of the first world country or the third world country. Then why should they need to look upon the money flow.
legendary
Activity: 3318
Merit: 1128
September 05, 2019, 09:53:14 AM
#60
It is strange that in USA where I heard cryptocurrency is prohibited - an indicator of 30%. Russia is understandable there are no prohibitions and 15% is quite possible.
Forget all those media that is carrying negative rumor that are not true, yes the government might not fully be in support of bitcoin, but they have not really made any law or rule that will be against cryptocurrency other than the one president trump came to declare openly that he does not like bitcoin, and that was his own personal opinion which everyone is entitled to, bitcoin is being used very well in United Stated and it is still the first country where I would see that cryptocurrency atm is even mounted.

Currently, we have many countries that are even beginning to reverse their decision to go against bitcoin, and many of them are now implementing the system which they have been engaging the services of their professional to look deep into area where they can gain from the cryptocurrency house.
legendary
Activity: 3248
Merit: 1179
September 04, 2019, 02:01:47 PM
#59
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?
full member
Activity: 1372
Merit: 133
September 04, 2019, 01:39:01 PM
#58
As far as we know, some states have their own laws regarding cryptocurrency and its legalization.  Since today the United States is fighting crime and terrorism, they are looking for sources of income for attackers.  That is why the government wants to see the sources of income of each person and what financial flows exist in the state in order to prevent the financing of crime.
full member
Activity: 352
Merit: 100
September 04, 2019, 08:54:20 AM
#57
It is strange that in USA where I heard cryptocurrency is prohibited - an indicator of 30%. Russia is understandable there are no prohibitions and 15% is quite possible.

No, cryptocurrency is not prohibited in the United States. They are "fighting" for the crypto taxes laws simply. In the USA, as in many countries, there is still no full-fledged legal regulation of cryptocurrencies. The latest regulatory act was issued in 2014 and defines them as property, not currencies. Because of this, even many experts find it difficult to understand the intricacies of taxing transactions with them.
hero member
Activity: 1190
Merit: 541
June 21, 2019, 03:47:20 AM
#56
Users of crypto currencies are dominated by developed countries, where in general they already have a high level of economy and knowledge of investment ... but now there are also many users from developing countries who choose to invest in crypto currencies and the amount is increasing this increase may be due to the ease of getting information with the internet. In the article I also saw some big exchanges that traders often use to sell / buy crypto currencies they have.

Now what I'm surprised is why the Swiss or Japanese countries that openly support crypto are not included in the analysis nominations even though both countries are developed countries. In fact, China has strict regulations on crypto and the US that have strict tax regulations on exchanges.
And in the article it was written that Huobi is the most expensive exchange with list fees, whereas according to binance and bittrex trust levels is the most popular and trusted exchange of traders and investors.
You have to first consider the time that the op released such information which I think it has been like 6 months ago now, and I am sure there would have been an update already because recently, I saw an article where they listed Japan and Swiss with other 12 countries that are fully in support of cryptocurrency, while there are other ones that are partially in support has they do not participate in crypto or declare it illegal.

Binance is the most popular and no doubt about that, but I was also surprised to know of recent that huobi is the most expensive when it comes to listing of projects, I learnt that the highest listing fee they have is about 3 million dollars while Binance is like 1 million dollars.
full member
Activity: 628
Merit: 154
June 21, 2019, 03:30:50 AM
#55
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/
Even without being told, if you ask me I'm still going to mention those three countries as the people that makes the most use of cryptocurrency, cause those countries are the ones that usually adopt things like this quickly. Though at first I used to think that most people who make use of Bitcoin lives in China and not US, But they mentioned that USA has up to 30% of Bitcoin users while China has 15%. I'm guessing it was caused by the Chinese government banning cryptocurrency, so that would have caused a lot of people to stop making use of it, and that's if there is even anyone making use of it there.
legendary
Activity: 1386
Merit: 1003
June 20, 2019, 02:28:54 AM
#54
Users of crypto currencies are dominated by developed countries, where in general they already have a high level of economy and knowledge of investment ... but now there are also many users from developing countries who choose to invest in crypto currencies and the amount is increasing this increase may be due to the ease of getting information with the internet. In the article I also saw some big exchanges that traders often use to sell / buy crypto currencies they have.

Now what I'm surprised is why the Swiss or Japanese countries that openly support crypto are not included in the analysis nominations even though both countries are developed countries. In fact, China has strict regulations on crypto and the US that have strict tax regulations on exchanges.
And in the article it was written that Huobi is the most expensive exchange with list fees, whereas according to binance and bittrex trust levels is the most popular and trusted exchange of traders and investors.
sr. member
Activity: 1092
Merit: 269
June 19, 2019, 05:05:25 PM
#53
I have doubts that this article is correct. How they analyzed it. I do not think that the top stock exchanges so easily give such user data.
in my opinion it is only an analysis for certainty that no one can know for sure and that makes the risk of investing with crypto currencies and we must have confidence and patience in investing
hero member
Activity: 3080
Merit: 603
June 19, 2019, 04:53:07 AM
#52
That statistics says that there's more crypto people living in USA but after pulling out the support of these exchanges from their user living there. They should start creating a new statistics and show on what's the percentage currently after the said event and announcement from Binance and other popular exchanges. The data is kind of 6 months old so I think a lot of things happened already. What we know from China and Russia, those countries aren't crypto friendly.
full member
Activity: 448
Merit: 103
June 19, 2019, 03:04:17 AM
#51
" In the USA, the average age of traders is 30 years, in China – from 20 to 30 years, in Russia – from 18 to 40 years."

so surprised to see that Russia bagged the youngest as well as the oldest in users statistics. This only goes to show that the user population is very young-- proving to be risk takers and dynamic individuals. I wonder how many female are into cryptocurrency.
hero member
Activity: 1820
Merit: 515
★777Coin.com★ Fun BTC Casino
June 18, 2019, 10:28:22 AM
#50
Of course the statistics are relative. And not everything can be accurate, but an interesting fact - almost every exchange has its own coin. It is not difficult to guess that the owners of this coin are very rich people. At each rise of the market it can be sold in huge batches.
Cryptocurrency investment certainly requires enormous confidence and patience because it is already a risk in investing with crypto currencies and because prices cannot be ascertained
Investment is equals to risk and the level of risk based on ROI percentage of our investments.

When an investment has three or four digit ROI per year then the holding risk also supposed to be very high right.
full member
Activity: 616
Merit: 124
June 18, 2019, 08:14:29 AM
#49
i always though that china has been dominating the marker by its crowd in the ecosystem. but USA and Russia have more users according to this research. By the way very interesting research thank you for sharing. Wink
sr. member
Activity: 616
Merit: 250
June 16, 2019, 05:06:25 PM
#48
Of course the statistics are relative. And not everything can be accurate, but an interesting fact - almost every exchange has its own coin. It is not difficult to guess that the owners of this coin are very rich people. At each rise of the market it can be sold in huge batches.
Cryptocurrency investment certainly requires enormous confidence and patience because it is already a risk in investing with crypto currencies and because prices cannot be ascertained
member
Activity: 602
Merit: 10
June 16, 2019, 12:31:45 PM
#47
I very much hope that in the near future the situation for the entire cryptocurrency market will improve and the cryptocurrency will take a really good position in the world.  I think it is not for nothing that the finance ministers of the leading countries of the world gather a consultation to discuss the cryptocurrency and the problems of the cryptocurrency market.  Based on this, the issue has already been announced on the agenda of the G-20, where where not only legalization issues speak, but also real problems associated with cryptocurrency.
member
Activity: 546
Merit: 10
💲 EMIREX EXCHANGE 💲
June 13, 2019, 12:35:10 PM
#46
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.

So with your statement, it can be concluded that what we really need is not only the number of people who like crypto, but also when will the interest in crypto persist, the price falls because of them (temporarily not interested / in need of funds) to sell the assets. It become so hard while ourselves fight with our need.
jr. member
Activity: 55
Merit: 7
June 13, 2019, 07:36:02 AM
#45
That post dated 2018-12-10 21:36

Is there any new data on related topic - some actual statistics?
full member
Activity: 1750
Merit: 118
June 13, 2019, 05:36:45 AM
#44
I also think we can't know the exact number of people who are on crypto, because 1 people can have more wallets

Thats true . every people uses alot of wallets in different kinds . the only way to know the actual number of users in the crypto scene is by doing an actual survey ( locally/offline )  but i believe that the crypto users are now over millions close to billions because most countries these days are now legalizing the use of cryptos   . in the future its expected that there will be more people that will use cryptos  . more countries will also unban cryptos because cryptos are the future of money  .
full member
Activity: 644
Merit: 100
June 08, 2019, 06:42:33 PM
#43
Users of crypto currencies are dominated by developed countries, where in general they already have a high level of economy and knowledge of investment ... but now there are also many users from developing countries who choose to invest in crypto currencies and the amount is increasing this increase may be due to the ease of getting information with the internet. In the article I also saw some big exchanges that traders often use to sell / buy crypto currencies they have.
legendary
Activity: 2814
Merit: 1192
June 08, 2019, 01:36:05 PM
#42
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.

I'd say it's a mix of education and wealth. Investing won't be popular in countries that fail at one of the below:
-the average income per capita is low
-the average IQ is low

It's a simple fact that some people are trying to deny, but there's a reason why Africa or the Middle East will never be crypto trading powerhouses.
hero member
Activity: 3150
Merit: 937
June 08, 2019, 12:24:27 PM
#41
I have doubts that this article is correct. How they analyzed it. I do not think that the top stock exchanges so easily give such user data.

Nope,they don't.Their user data is most likely exaggerated a lot.No crypto exchange is going to reveal how small it's user count actually is.
member
Activity: 574
Merit: 10
June 08, 2019, 12:22:36 PM
#40
I have doubts that this article is correct. How they analyzed it. I do not think that the top stock exchanges so easily give such user data.
full member
Activity: 756
Merit: 108
June 08, 2019, 11:32:30 AM
#39
Of course the statistics are relative. And not everything can be accurate, but an interesting fact - almost every exchange has its own coin. It is not difficult to guess that the owners of this coin are very rich people. At each rise of the market it can be sold in huge batches.
hero member
Activity: 1414
Merit: 516
June 08, 2019, 11:16:56 AM
#38
I also think we can't know the exact number of people who are on crypto, because 1 people can have more wallets and also a lot of altcoins. And yes there are a lot of money invested on bitcoin and i think will be more money on future.
jr. member
Activity: 42
Merit: 2
June 08, 2019, 07:39:09 AM
#37
Some $150,000,000,000 is invested in Bitcoins. Other cryptos must have $2 billion only combined
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
June 08, 2019, 05:58:12 AM
#36
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 think that will be a prediction on how many people involved in the cryptocurrency, but we don't know the right number. Perhaps, the number will be more than that article because, with the internet connection everywhere, I am sure that people can read information about cryptocurrency from many website including in social media.

But that could be a good article for us, and we can know how many people who are joined with the cryptocurrency so far, and I am sure that the number will increase more in the future.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
June 08, 2019, 05:57:08 AM
#35
How reliable are these stats? The research is done by an agency based in Belarus and therefore I am getting suspicious at the 15% share given for Russia. 30% for USA looks OK with me, but 15% for Russia is a bit more than what I expected. Also, it is difficult to believe that Russia has more cryptocurrency users when compared to China. 
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
June 08, 2019, 03:55:21 AM
#34
It is strange that in USA where I heard cryptocurrency is prohibited - an indicator of 30%. Russia is understandable there are no prohibitions and 15% is quite possible.
It is possible that the USA is afraid that this cryptocurrency will be used to pay for labor actions so that the US is currently banning the use of cryptocurrency by as much as 30%, but I believe this is done by the government for good in the USA.

Strange statistics indeed, even from a glance. But this is the funny thing about research sometimes, it depends on geographic location, age, race and even social and economic factors. Demographics are so important to predict how accurate a study findings can be. The ultimate test is, can the results be repeatable with a similar study today? Bitcoin and crypto is so new too, I feel the range of results are too wide apart.
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
June 08, 2019, 03:00:57 AM
#33
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.
if it is implemented overnight, it will certainly make a bad impact on the economy in that country, we know that there are many investors who believe in bitcoin, because the government also supports it.
If U.S makes that ban, I agree that it will have lost of impact on the market not because they will damage the technology of cryptocurrency which they cannot do provided they don’t start apprehending those running it which is also impossible.

The impact of their ban will only come from the FUD news, which will just temporarily drop the price of crypto currencies, but with time, the system will go back to normal after getting over it, I said this because the main reason why people are using crypto more now is because of its investment benefit, and as far as they believe that it will yield them profit, humans will never leave it.
sr. member
Activity: 1188
Merit: 251
June 06, 2019, 12:16:54 PM
#32
It is strange that in USA where I heard cryptocurrency is prohibited - an indicator of 30%. Russia is understandable there are no prohibitions and 15% is quite possible.
It is possible that the USA is afraid that this cryptocurrency will be used to pay for labor actions so that the US is currently banning the use of cryptocurrency by as much as 30%, but I believe this is done by the government for good in the USA.
hero member
Activity: 2996
Merit: 609
June 06, 2019, 11:45:41 AM
#31
Why is Binance having a fee when listed on exchange is lower than Huobi? Huobi is also a big exchange but its volume is not as big as Binance. even, Binance only lists really good altcoins on their exchange, and Huobi still has no rigorous tests like Binance.

Huobi is a very shady exchange. It might seem like a big exchange, but most of the volume they generate is fake done through wash trading (i.e. buying and selling your own orders repeatedly). This means that Huobi isn't making a lot of money, and therefore needs other streams of income to get that money.

Huobi some years ago generated like 1-2 million BTC in daily trading volume when the fees were zero. After the PBOC (People's bank of China) cracked down on the exchanges in China, the volume of Huobi dropped to just ~10,000 BTC on average. Giant turned out to not be a giant at all. Asian exchanges are copy cats and cheaters.
This was revealed not only on Huobi when it regards to wash trading but also on other high volume exchangers as well.

It turns out that most of them are tagged up with wash trading which they don't really have high volume at all which isn't really
surprising for an exchange to do just for the sake of making theirselves as a better platform.
legendary
Activity: 3052
Merit: 1188
June 06, 2019, 09:33:04 AM
#30
Binance has more volume because they managed to make one thing more clear on their early days, make sure everyone knows about their affiliates. I don't know how many people remember the early days of binance (even during as early as ICO) but people were going crazy about being able to become affiliate networkers and just give out their links for a chance to become a partner with an exchange for people they refereed.

Everywhere online you would see links of people trying to get customers, even I did that in some places and managed to get a lot of people sign up under me and made money from that. So, the reason why they became the best almost in a month over all the other old ones is not low entry fee nor its not trading fee being low, its because everyone invited each other, everyone wanted to get each other to sign up so it became very big very quickly thanks to affiliate incomes.
member
Activity: 546
Merit: 10
June 06, 2019, 06:00:31 AM
#30
It is strange that in USA where I heard cryptocurrency is prohibited - an indicator of 30%. Russia is understandable there are no prohibitions and 15% is quite possible.
legendary
Activity: 2170
Merit: 1427
June 06, 2019, 06:41:22 AM
#29
Why is Binance having a fee when listed on exchange is lower than Huobi? Huobi is also a big exchange but its volume is not as big as Binance. even, Binance only lists really good altcoins on their exchange, and Huobi still has no rigorous tests like Binance.

Huobi is a very shady exchange. It might seem like a big exchange, but most of the volume they generate is fake done through wash trading (i.e. buying and selling your own orders repeatedly). This means that Huobi isn't making a lot of money, and therefore needs other streams of income to get that money.

Huobi some years ago generated like 1-2 million BTC in daily trading volume when the fees were zero. After the PBOC (People's bank of China) cracked down on the exchanges in China, the volume of Huobi dropped to just ~10,000 BTC on average. Giant turned out to not be a giant at all. Asian exchanges are copy cats and cheaters.
hero member
Activity: 1190
Merit: 541
June 06, 2019, 01:33:05 AM
#28
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/
Why is Binance having a fee when listed on exchange is lower than Huobi? Huobi is also a big exchange but its volume is not as big as Binance. even, Binance only lists really good altcoins on their exchange, and Huobi still has no rigorous tests like Binance.
What HUOBI is doing is typical exploitation if it is really true that they charge up to that amount just to get listed on exchange, why? What system do they use that is not same as what other great exchanges like Binance is using, binance still has volume more than them, although it is one of the reasons why they are able to offer affordable fees.

This is why Binance will always have volume more than them, and it is because of these their exploitation that is making everyone want to open an exchanges. I understand that they cannot make it too cheap so that any one will not just and register a shit project but that amount is just too outrageous.
member
Activity: 526
Merit: 10
Lifestyle & Wellness Platform
June 04, 2019, 01:57:02 AM
#27
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/
Why is Binance having a fee when listed on exchange is lower than Huobi? Huobi is also a big exchange but its volume is not as big as Binance. even, Binance only lists really good altcoins on their exchange, and Huobi still has no rigorous tests like Binance.
sr. member
Activity: 1344
Merit: 253
June 04, 2019, 12:52:44 AM
#27
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.

There is no giving an open point to one another, not even a chance. These top notch countries are like these and never has an ending whether it is economic power or political. There just too serious about who is being the top.
at present there will be many developing countries that will follow developed countries in terms of the number of users. therefore with a good promotion it will increase its users and make prices better

member
Activity: 532
Merit: 10
June 04, 2019, 12:47:59 AM
#26
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'm really quite surprised about that statistics. Americans are now trading quite a lot of crypto and I'm really overwhelmed. In the US, they have a lot of prohibitions and prohibitions there, but many people can still make a lot of money there.
But what surprised me more was that the listing on Huobi was very high, $ 3.5 million and Binance and Bibox were only $ 1 million.
The Huobi is really a valuable exchange at the present time.
full member
Activity: 1344
Merit: 110
SOL.BIOKRIPT.COM
June 03, 2019, 11:54:44 PM
#25
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.

There is no giving an open point to one another, not even a chance. These top notch countries are like these and never has an ending whether it is economic power or political. There just too serious about who is being the top.
member
Activity: 685
Merit: 14
June 03, 2019, 01:21:53 PM
#24
OP used this board as their promotion way and shared the link of their own website which takes something.

One more thing this is not recently opened thread so we need to understand that this is not the correct thread to give the answer.

We need to ignore such threads while we are making posts in this or other boards. Kindly lock the thread to avoid spams.
legendary
Activity: 1652
Merit: 1057
June 03, 2019, 01:06:04 PM
#23
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/
It has been close to 6 months since this statistics were given so I am not sure if they are still valid and if anything changed.

But, if we are going to go with this I am still not shocked about the trading fee one. Yeah the listing fee is a lot and they are making a million each anytime they list a coin but they are not listing that much coins to begin with, even if they list like 50 coins a year that is 50 million dollars at most and I doubt they do that nowadays since there are no new good coins left to list.

Trading fee however is constant and they are getting it all the time which means they are really getting a ton of money every single day. Look at binance and how much money they make every single day, who would need listing fee, hell even if there was no listing fee binance would still be making a ton of money.
full member
Activity: 1246
Merit: 102
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
June 02, 2019, 11:27:35 PM
#22
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.
if it is implemented overnight, it will certainly make a bad impact on the economy in that country, we know that there are many investors who believe in bitcoin, because the government also supports it.
full member
Activity: 532
Merit: 187
June 02, 2019, 09:08:28 PM
#21
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?   
full member
Activity: 1092
Merit: 117
June 02, 2019, 05:11:30 PM
#20
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.
legendary
Activity: 1484
Merit: 1004
June 02, 2019, 04:28:32 PM
#19
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.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
June 02, 2019, 01:16:38 PM
#18
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.
sr. member
Activity: 1400
Merit: 420
June 02, 2019, 12:50:18 PM
#17
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.
jr. member
Activity: 462
Merit: 2
June 02, 2019, 12:36:43 PM
#16
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.
full member
Activity: 630
Merit: 172
June 02, 2019, 12:27:35 PM
#15
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.
hero member
Activity: 1890
Merit: 831
June 02, 2019, 12:02:53 PM
#14
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.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
June 02, 2019, 11:26:00 AM
#13
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!
full member
Activity: 1736
Merit: 121
June 02, 2019, 11:20:40 AM
#12
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.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
June 02, 2019, 04:37:47 AM
#11
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
copper member
Activity: 307
Merit: 1
June 02, 2019, 03:49:03 AM
#10
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
legendary
Activity: 2170
Merit: 1427
December 15, 2018, 05:21:08 PM
#9
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.
legendary
Activity: 2576
Merit: 1655
December 15, 2018, 08:36:42 AM
#8
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.
legendary
Activity: 1176
Merit: 1024
December 15, 2018, 05:54:46 AM
#7
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.
sr. member
Activity: 896
Merit: 272
OWNR - Store all crypto in one app.
December 14, 2018, 01:25:04 AM
#6
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.
full member
Activity: 350
Merit: 100
December 14, 2018, 12:00:00 AM
#5
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.
legendary
Activity: 1414
Merit: 1001
December 13, 2018, 11:37:23 PM
#4
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.
sr. member
Activity: 1008
Merit: 355
December 13, 2018, 11:17:56 PM
#3
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.
jr. member
Activity: 238
Merit: 2
December 13, 2018, 06:07:08 PM
#2
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.
sr. member
Activity: 401
Merit: 255
XMLGold.eu: E-currency and Cryptocurrency Exchange
December 13, 2018, 03:38:47 PM
#1
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/
Jump to: