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Topic: Who really uses bitcoin? - page 18. (Read 14257 times)

sr. member
Activity: 420
Merit: 250
July 19, 2016, 05:52:38 PM
#61
Hi I wonder about the demographics of bitcoin. Who uses it, race, location, gender?

I read the coindesk paper on it, but wonder if there is some other more updated documentation on it.

Regards
Most people make use of the Bitcoin as a currency but most people use it as an investment because the value can change.
With this the users are allowed to make money with them.
sr. member
Activity: 406
Merit: 250
July 16, 2016, 06:17:07 PM
#60
I can't really say I use btc but I'm earnong and planning to use them. I'm 19, from a Post-Soviet country, female
well i guess it is really hard to spend it right now in your country, i use bitcoin all the time online because there are a lot of shops that allow me to buy some physical goods
hero member
Activity: 966
Merit: 507
July 16, 2016, 05:38:38 PM
#59
All that information seems really irrelevant. Anyone in the "real" economy is interested in knowing what races or genders are using dollars or euros. I think it would be a waste of valuable resources trying to investigate it.
legendary
Activity: 2688
Merit: 1026
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July 16, 2016, 03:53:00 PM
#58
I think there is no accurate data about bitcoin users anywhere but you can use various sources as mentioned above by aother members.You can also check this forum and find some useful information regarding bitcoin users
hero member
Activity: 854
Merit: 500
July 16, 2016, 03:49:58 PM
#57
People who don't like banking system or just can't find themself on other daily work, many investors using bitcoins too. I am using bitcoin cause i just like it. Grin
sr. member
Activity: 504
Merit: 250
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July 16, 2016, 03:15:49 PM
#56
I can't really say I use btc but I'm earnong and planning to use them. I'm 19, from a Post-Soviet country, female
i also dont use bitcoins to be honest because right now i am holding in order to make profit in the future, i hope that i will make some good money out of it and become rich
hero member
Activity: 1568
Merit: 502
July 16, 2016, 03:05:46 PM
#55
Bitcoins is a decentralized virtual digital currency.

Anyone who understand what is bitcoin can use bitcoins.
Its so simple to use anyone who tried first time will also pleased by experience and will become addictive to get such a pleasant experience.
full member
Activity: 224
Merit: 100
July 16, 2016, 02:57:01 PM
#54
I am not really making use of Bitcoin because using it as a currency does not make to much sense for me.
What I am doing is holding on to them to make a profit in the future.
yes you are right that holding to bitcoin for the future because bitcoin more rise their price day by day and a large number of people holding their bitcoin until waiting for increase its price .
sr. member
Activity: 406
Merit: 250
July 14, 2016, 03:29:16 AM
#53
I am really making use of Bitcoin as an investment because if not I would not be here right now, I do not use it as much as an currency tho.
Using them to buy things is for me a waist because when the value goes up I will regret it that I have used them.
hero member
Activity: 714
Merit: 500
July 14, 2016, 02:50:18 AM
#52
I am not really making use of Bitcoin because using it as a currency does not make to much sense for me.
What I am doing is holding on to them to make a profit in the future.

It doesnt make sense? I thought it was used for many things now. Specially, when sending money thru online. Or you just dont use it with that reason?
Bitcoin now have many use so you don't need to hide it long time you can use it any time now buying in online pay bills etc , it's good that you will save it for the future, so what if the price crash ? In that case you'll not enjoy your bitcoin couse you just hide it in your wallet.
hero member
Activity: 3052
Merit: 651
July 14, 2016, 01:40:56 AM
#51
I am not really making use of Bitcoin because using it as a currency does not make to much sense for me.
What I am doing is holding on to them to make a profit in the future.

It doesnt make sense? I thought it was used for many things now. Specially, when sending money thru online. Or you just dont use it with that reason?
hero member
Activity: 812
Merit: 1000
July 13, 2016, 05:30:40 PM
#50
I am not really making use of Bitcoin because using it as a currency does not make to much sense for me.
What I am doing is holding on to them to make a profit in the future.

Majority of users are not using it as a currency is only because they don't find many places where they can spend and that is the reason they prefer to hold which is not good for bitcoin as a currency.
Keeping coins idle without using it will affect the price of bitcoin in future, if you cannot spend it at any offline store then its recommended to sell it and convert it to local currency.
hero member
Activity: 798
Merit: 1000
July 13, 2016, 05:19:16 PM
#49
I am not really making use of Bitcoin because using it as a currency does not make to much sense for me.
What I am doing is holding on to them to make a profit in the future.

Majority of users are not using it as a currency is only because they don't find many places where they can spend and that is the reason they prefer to hold which is not good for bitcoin as a currency.
hero member
Activity: 714
Merit: 528
July 13, 2016, 04:50:19 PM
#48
Hi I wonder about the demographics of bitcoin. Who uses it, race, location, gender?

I read the coindesk paper on it, but wonder if there is some other more updated documentation on it.

Regards
Why don't you start a google survey to see the demographic of the people that uses bitcoin and put it here Wink
That way we can know the exact number Smiley

But I know most of the users are using it for investing purposes as the bitcoin has unstable price, It can rise and down anytime
sr. member
Activity: 420
Merit: 250
July 13, 2016, 04:15:39 PM
#47
I am not really making use of Bitcoin because using it as a currency does not make to much sense for me.
What I am doing is holding on to them to make a profit in the future.
full member
Activity: 224
Merit: 100
July 13, 2016, 04:02:58 PM
#46
Hi I wonder about the demographics of bitcoin. Who uses it, race, location, gender?

I read the coindesk paper on it, but wonder if there is some other more updated documentation on it.

Regards

It will be many and varied data that I think. But I know bitcoin used by men and women, ranging from farmers to high-ranking officials using bitcoin to facilitate their transactions. Moreover, in this digital age, many young people are already using bitcoin to support their school needs like me Smiley . hehe
yes it is a fact. but i think the higher ranking officials may use it more as compare to other people. and i think those people who have better chance and facilities of using bitcoin in their local market will use it. for example in Brazil there are better opportunities of using bitcoin. because there are so many shops who accept bitcoin in their shops.
legendary
Activity: 3248
Merit: 1402
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July 13, 2016, 01:45:01 PM
#45
I can't really say I use btc but I'm earnong and planning to use them. I'm 19, from a Post-Soviet country, female
sr. member
Activity: 420
Merit: 250
July 12, 2016, 07:25:57 AM
#44
Hi I wonder about the demographics of bitcoin. Who uses it, race, location, gender?

I read the coindesk paper on it, but wonder if there is some other more updated documentation on it.

Regards

I think USA and China are the most bitcoin user in the world. Russia and Asian also use it, but not much as China and USA. I'm sure the age around 19-40.
hero member
Activity: 2996
Merit: 536
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July 12, 2016, 07:17:17 AM
#43
i using bitcoin and bitcoin is very popular and its transaction is too much faster than other and bitcoin transaction fees is too much lower than other ,and i think there are maximum people are using bitcoin .

I think it may be true, because all the capacity in the computer or the internet have a maximum limit so that it also contains the bitcoin. However I see the maximum limit in the bitcoin is very large and may be able to accommodate all the people who are there in the world is to use the bitcoin
I never think if bitcoin having a maximum limit, all this time i only know if bitcoin have an unlimited limit and every day can produce it. I want to ask you are you sure if bitcoin having a maximum limit?
full member
Activity: 154
Merit: 100
July 12, 2016, 01:31:06 AM
#42
i using bitcoin and bitcoin is very popular and its transaction is too much faster than other and bitcoin transaction fees is too much lower than other ,and i think there are maximum people are using bitcoin .

I think it may be true, because all the capacity in the computer or the internet have a maximum limit so that it also contains the bitcoin. However I see the maximum limit in the bitcoin is very large and may be able to accommodate all the people who are there in the world is to use the bitcoin
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