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Topic: 20% of British residents own #cryptocurrency - page 2. (Read 251 times)

member
Activity: 279
Merit: 16
I went outside earlier and asked the first 5 people I saw if they live within 10 miles of where we were, they all said yes and from that I can deduce that 100% of people in the world live within a 10 mile radius of my house. It's getting awfully crowded here guys  Undecided
hero member
Activity: 966
Merit: 513
Hard to believe this, have they only taken the survey with people who have used their platform? I doubt that even one third of Britain know what crypto is.

In 2015 itself there are many people invested in buying bitcoin, litecoin and dash at that time. Many survey related thread has been opened that in the forum. I see many european mined the bitcoin at the initial time and holded those coins in the one place still.
So that is reason market capital will not completely brake whatever happen on bitcoin.

I have work experience in Europe and many of the people knows about bitcoin and holding with investing on their part of the salary.
full member
Activity: 434
Merit: 103

The whole article reeks of a PR stunt.
They did their survey on their platform that deals with crypto...
Lendingblock is a securities lending platform for the cryptoeconom

It's like going to a church and ask how many people believe in God.



Now that explains it, you can see from my past message I had my doubts about the 2000 sample that they used. You've got to think that someone within their company must have the mental capacity to understand what a good sample would be? Perhaps it was their intention to have a biased sample.
sr. member
Activity: 532
Merit: 328
Hard to believe this, have they only taken the survey with people who have used their platform? I doubt that even one third of Britain know what crypto is.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
If you're going to say that 10 million Brits own crypto and not burst into laugh then you need to go have a check.
Something must be wrong with the genesis block of your body Tongue

There was also news about 30% Koreans and half of Japan owning cryptos.
Too bad that if we sum it up we will end up with more people owning coins that all the addresses in all the chains.

i never liked the results of these types of surveys. they take a bunch of people and ask them some questions then release percentages. you look at them and unless you consider all the facts about these people you can not value the results.

The whole article reeks of a PR stunt.
They did their survey on their platform that deals with crypto...
Lendingblock is a securities lending platform for the cryptoeconom

It's like going to a church and ask how many people believe in God.




sr. member
Activity: 1008
Merit: 355


We can argue on the results of this study/survey and even the way they were made but one that is out of the question is the fact that there is a growing awareness and participation of the people for cryptocurrency. This is just a gauge of what can be in the coming months and years. Cryptocurrency will get more popular despite some concerns, fears and setbacks that recently happened.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
i never liked the results of these types of surveys. they take a bunch of people and ask them some questions then release percentages. you look at them and unless you consider all the facts about these people you can not value the results.

for example i bet 90% of this group only invested in cryptocurrencies because they have heard you could make a lot of money from them and they only started last year which was the bull run. opinion of such people saying crypto is here to stay is not trusted because the same people are going to say crypto is dead if you ask them the same question today!
full member
Activity: 434
Merit: 103
Anywhere to see what sample the selected their 2000 people from? I wouldn't be surprised to see it be people on the streets of London where the figure is going to be much higher. Many people in rural parts of the country will not have any idea what cryptocurrency is. I can name on one hand the people I know invested in to cryptocurency which makes it a lot less than 20% and for that reason I'm a little skeptical.
newbie
Activity: 112
Merit: 0
A study of 2,000 people by lending platform Lendingblock revealed that most think cryptocurrency is here to stay, with 55% expecting shops and buses to accept it in seven years’ time. Just over 20% of respondents said they either own or have owned cryptocurrency.

One-fifth of respondents said they were certain cryptocurrency is a good investment, and 56% said they might be tempted to obtain some in the future. One-third (32%) of people said better security would make them more likely to buy cryptocurrencies.

As the popularity and value of cryptocurrencies have increased, so has cyber crime activity aimed at cashing in on this trend, mainly in the form cryptocurrency mining malware. According to a report from NTT Security, about 12,000 monero mining malware samples dating back to March 2015 have been identified by researchers at the company’s Global Threat Intelligence Center (GTIC).

In the Lendingblock study, 28% of respondents said they would be more tempted by cryptocurrency if there were better apps for buying and selling it, and 23% said government backing would encourage then to invest. Only 10% said they would never buy cryptocurrencies in any circumstances.

“In spite of much-discussed uncertainty about cryptocurrency, the public is sure that it is here to stay,” said Lendingblock CEO Steve Swain. “Cryptocurrency is a maturing market, and this is exactly what we would expect to see happening at this time as we move from early adopters to more mainstream awareness and use.”

Swain welcomed the recent government announcement of an inquiry into cryptocurrency. “Before we get there, cryptocurrency needs to be made safe, and that is why we welcome the UK government’s recently announced inquiry into investments,” he said.

In February, parliament’s Treasury committee said it was looking at the opportunities and risks associated with digital currency and how technologies such as blockchain would affect the finance sector.

The inquiry will assess how the government and financial services regulators such as the Financial Conduct Authority (FCA) and the Bank of England can create an environment to protect consumers without holding back innovation.

Meanwhile, Bank of England governor Mark Carney wants cryptocurrencies such as bitcoin to be brought into line with the regulated financial markets.

Bitcoin is the best known digital currency, but there are thousands of them. A study of the cryptocurrency market from 2013 to May 2017 carried out by City, University of London and published in the Royal Society’s Open Science Journal treated cryptocurrencies as an ecological species. It looked at 1,500 cryptocurrencies and found that none of them has shown a strong selective advantage over the others and that they all face an uncertain fate.

http://www.computerweekly.com/news/252436784/Most-people-think-cryptocurrency-will-be-accepted-on-buses-by-2025
how many people have so many opinions and one and the right one is not) let's see how everything goes on)))
hero member
Activity: 672
Merit: 526
A study of 2,000 people by lending platform Lendingblock revealed that most think cryptocurrency is here to stay, with 55% expecting shops and buses to accept it in seven years’ time. Just over 20% of respondents said they either own or have owned cryptocurrency.

One-fifth of respondents said they were certain cryptocurrency is a good investment, and 56% said they might be tempted to obtain some in the future. One-third (32%) of people said better security would make them more likely to buy cryptocurrencies.

As the popularity and value of cryptocurrencies have increased, so has cyber crime activity aimed at cashing in on this trend, mainly in the form cryptocurrency mining malware. According to a report from NTT Security, about 12,000 monero mining malware samples dating back to March 2015 have been identified by researchers at the company’s Global Threat Intelligence Center (GTIC).

In the Lendingblock study, 28% of respondents said they would be more tempted by cryptocurrency if there were better apps for buying and selling it, and 23% said government backing would encourage then to invest. Only 10% said they would never buy cryptocurrencies in any circumstances.

“In spite of much-discussed uncertainty about cryptocurrency, the public is sure that it is here to stay,” said Lendingblock CEO Steve Swain. “Cryptocurrency is a maturing market, and this is exactly what we would expect to see happening at this time as we move from early adopters to more mainstream awareness and use.”

Swain welcomed the recent government announcement of an inquiry into cryptocurrency. “Before we get there, cryptocurrency needs to be made safe, and that is why we welcome the UK government’s recently announced inquiry into investments,” he said.

In February, parliament’s Treasury committee said it was looking at the opportunities and risks associated with digital currency and how technologies such as blockchain would affect the finance sector.

The inquiry will assess how the government and financial services regulators such as the Financial Conduct Authority (FCA) and the Bank of England can create an environment to protect consumers without holding back innovation.

Meanwhile, Bank of England governor Mark Carney wants cryptocurrencies such as bitcoin to be brought into line with the regulated financial markets.

Bitcoin is the best known digital currency, but there are thousands of them. A study of the cryptocurrency market from 2013 to May 2017 carried out by City, University of London and published in the Royal Society’s Open Science Journal treated cryptocurrencies as an ecological species. It looked at 1,500 cryptocurrencies and found that none of them has shown a strong selective advantage over the others and that they all face an uncertain fate.

http://www.computerweekly.com/news/252436784/Most-people-think-cryptocurrency-will-be-accepted-on-buses-by-2025
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