People with most bitcoins should be in their 20's by now - page 2.

mornabo

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Quote from: Itty Bitty on December 21, 2018, 06:35:26 AM

Bitcoins have been over a couple of hundred dollars for more than 5 years now. Kids can only get so many by mining. Don't imagine too many teenagers have 10+ bitcoins without family help in getting them.

Bitcoin is maturing, and so are its holders.

Alts are probably a different story

This thread won't be too useful if it's not added to the survey in it, this will only be a speculation for many people without any
evidence. You should add a survey about the age of the user, it could be a clue of how many young people in Bitcoin

South Park

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Quote from: dothebeats on December 21, 2018, 06:46:13 AM

Most are probably on their 30s and 40s, especially those with prior interests in cryptography and a digital cash system (Nick Szabo, Hal Finney and others, just to name a few). While the majority of those with interests in crypto are in their 20s, it's undeniable that those whales are somewhat older, due to their money and experience in the field. It'll be cool to know the demographics of bitcoin users but then again, that goes against 'privacy' and some statistics regarding age groups of bitcoin users may somewhat be unreliable.

This is probably the correct estimation, in order to recognize how great bitcoin was just after it was created you needed to be looking for something like bitcoin for quite some time, you needed knowledge not only in cryptography but also in economics and the history of the world and getting that amount of knowledge will not be easy for a kid or a teenager so most likely the average age of long term holders is above 30 years old.

bettercrypto

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I think people with most bitcoins are in their 40's. The time when bitcoin has started, people who were in their prime 5 to 8 years back were around 30's. So, this time they are in their 40's. Few year from now, it might be 50's. Because, young ones are too busy from their careers that they don't care about cryptocurrency.

Roni116

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Most of the holders are 20 years or older, but it also depends on them knowing Bitcoin, and even though they are still in their teens and if they already know bitcoin they also have bitcoin.

DeathAngel

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I started with bitcoin in my late 20’s. I HODL a sort of nice amount (would like more but hey). I think it just depends what the price was when you became aware of bitcoin, not necessarily how old you are.

gabmen

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Quote from: QueenOfCrypto on December 30, 2018, 06:57:11 PM

Quote from: dothebeats on December 21, 2018, 06:46:13 AM

Most are probably on their 30s and 40s, especially those with prior interests in cryptography and a digital cash system (Nick Szabo, Hal Finney and others, just to name a few). While the majority of those with interests in crypto are in their 20s, it's undeniable that those whales are somewhat older, due to their money and experience in the field. It'll be cool to know the demographics of bitcoin users but then again, that goes against 'privacy' and some statistics regarding age groups of bitcoin users may somewhat be unreliable.

Some would also be in their 50ies - I know some, who had noticed Bitcoin as soon as it made its appearence and they were in their 40ies and immediately felts its potential. But perhaps, they didn't get into mining then...

Yeah though younger people tend to take more risks than older ones. And people in their 30s and above should be much more stable financially to afford making risky investments.

Prettymie

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Quote from: Renal on December 21, 2018, 08:52:08 AM

if later children can get 1 bitcoin not with their own competing results it can be with the help of others or even from the parents who buy it if the child is very clever then this becomes an asset in the future because bitcoin is not always in the price now competing for the next few years will go to the price.

At the early stage of bitcoin, you can earn it thru playing video games as a reward and since it's not yet popular those teenagers had to intention to keep it since it has no value other than use it to play video games. I remember a person said that at that time he has 20 BTC which he gained from playing those games and without thinking that those coins will become valuable after 9 years. Lucky those teenagers who manage to keep their bitcoin and sell it at higher price.

duoduoshigexiaozhu

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Quote from: dothebeats on December 21, 2018, 06:46:13 AM

Most are probably on their 30s and 40s, especially those with prior interests in cryptography and a digital cash system (Nick Szabo, Hal Finney and others, just to name a few). While the majority of those with interests in crypto are in their 20s, it's undeniable that those whales are somewhat older, due to their money and experience in the field. It'll be cool to know the demographics of bitcoin users but then again, that goes against 'privacy' and some statistics regarding age groups of bitcoin users may somewhat be unreliable.

I agree with you that although young people accept crypto more than middle-aged/older people, more of crypto's whale-level holders may be 30-40 years old, they have more financial Experience, having more money available for investment, actually dominates this market.

kalel18

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the likelihood of bitcoin will be 20's even higher because of the age-old knowledge it's more ability to transact. but it depends on the teenager also if it is advanced to think of it as older as he/she is and if she/he can understand how to deal with bitcoin to others.

QueenOfCrypto

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Quote from: dothebeats on December 21, 2018, 06:46:13 AM

Most are probably on their 30s and 40s, especially those with prior interests in cryptography and a digital cash system (Nick Szabo, Hal Finney and others, just to name a few). While the majority of those with interests in crypto are in their 20s, it's undeniable that those whales are somewhat older, due to their money and experience in the field. It'll be cool to know the demographics of bitcoin users but then again, that goes against 'privacy' and some statistics regarding age groups of bitcoin users may somewhat be unreliable.

Some would also be in their 50ies - I know some, who had noticed Bitcoin as soon as it made its appearence and they were in their 40ies and immediately felts its potential. But perhaps, they didn't get into mining then...

MakeMoneyBtc

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I think bitcoin holders are people from all categories of age. Now, probably a big percentage of holders are young people because blockchain technology is something new and they can understand its potential in the future. But on the other side I think the most quantity of bitcoins are hold by people are are older, I mean not people who are 50+ but people who have experience in businesses and truly know what bitcoin is and what could happen with it in the future

dimastegar

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I agree with you. I am sure that most Bitcoin holders are on average 20 and above, because most of them already have income from their main job.

Huskarls

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I think HOLDERS will also not be able to mature, considering that bitcoin is very volatile so it is very easy to make each holder panic about every move, especially if it is in a bearish phase. 80% of the average person will panic to sell his assets before falling deeper, especially if he can't recover in a long time

Pyr3x

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Most likely, most investors are people a little older than 20 years. But it really doesn't matter how old you are, 16 or 80. If you are interested in investing, constantly study the cryptocurrency market, then you will be successful in your earnings with the help of bitcoin.

Patron92

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I think bitcoin investors are people of all ages. But mostly they are people from 20 to 30 years, as this generation is the most technologically advanced, I think. And teenagers are less interested in investing, especially since few of them can afford it.

Sumo

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I know quite a few people from my surroundings who invest in bitcoin and all of them are over the age of 25. Therefore, I believe that bitcoin is still intended for people older than teenagers. These are people who are already forced to be concerned about financial well-being and the future, and teenagers usually think little about it.

eaLiTy

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We cannot predict the age group of most number of bitcoin holders as there are many early investors of all ages from teenage to people who are more than 80+ are interested in investment are also involved in the bitcoin and blockchain technology, more group of younger generation are onto the bitcoin technology as they are eager and enthusiastic to learn more and accept new technology than the older people.

pixie85

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Quote from: Itty Bitty on December 21, 2018, 06:35:26 AM

Bitcoins have been over a couple of hundred dollars for more than 5 years now. Kids can only get so many by mining. Don't imagine too many teenagers have 10+ bitcoins without family help in getting them.

I'd say that it's impossible for teenagers to get 10+ bitcoins without help from their families. We shouldn't say too many teenagers. There's no way that a teenager can have 40 thousand dollars without inheriting it or getting it from wealthy family members. Most teenagers are spending whole days at school and dreaming about getting their driver's license and first car, or finally being able to move out to a small rented apartment.

sikkan

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May be late 20's, 30's and 40's. Like most people say here an ordinary teenager can't afford buying bitcoins even when the price is down. The older people, mostly, have difficulties in understanding how the system functions.

jake zyrus

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Quote from: mariah.sadio on December 21, 2018, 07:29:10 AM

I am in my 20's right now but Id discovered bitcoin just 2016 so I can say that I don't really have much bitcoin but I am still earning from it right now. I confidently say that my earnings from bitcoin really helped me save more money aside from my salary at work.

You like my son he is only 18 years old and he discovered bitcoin mid of 2016 and now he earned in bitcoin and I confidently say that he supported his study in college and also support his siblings too. Bitcoin is really big help for us.

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