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/biz/ - Business & Finance


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9738551 No.9738551 [Reply] [Original]

Wow, this is eye opening. We're some of the last people that are even available to buy crypto. When surveyed, only a tiny percentage of the population said they were even CONSIDERING buying crypto, and already close to 6% own crypto.

" joint survey by Global Blockchain Business and Survey Monkey used the weighting scheme mentioned above in a research conducted in January 2018 and were able to produce statistics regarding the cryptocurrency ownership and sentiments of the American Population with a +/- two percent margin of error.

The joint survey polled 5,761 adults in America and found that only five percent own cryptocurrency, 21 percent of those polled were “considering adding cryptocurrency to their portfolios,” and 58 percent of the cryptocurrency holders were white males under the age of 34."

"In 2016, an unfinished study titled “US Consumers’ Adoption and Use of Bitcoin and Other Virtual Currencies ∗” conducted by Scott Schuh from the Federal Reserve Bank of Boston and Oz Shy from the MIT Sloan School of Management reported that “about one percent or less of US consumers have ever owned (adopted) virtual currency.”

Wow, that hurts big time. We're the last generation of bag holders.

https://cointelegraph.com/news/how-many-americans-really-own-crypto-skewed-results-of-polls-and-surveys

>> No.9738575

wtf are you talking about. ONLY 6% of INVESTORS own crypto? How many own traditional assets like stock? 100% you moron. We are early as fuck the market will 50x from here in the next few years.

>> No.9738592

B-but I was promised 100k EOY, a-and the decline searches in Google didn't mean anything.

>> No.9738597

>>9738575
Its about 50% actually but point taken.

>> No.9738606

>>9738575
>>9738575
Oh you sweet child. Less than 1 percent owned them in 2016, now at minimum 5 percent do and some surveys find rates of ownership closer to 20 percent (when you count people that owned them previously but sold).

So when close to 20 percent of the US owned them, the price was at 20,000 dollars. That's it.

>> No.9738609

>survey of 1,000 individuals
>survey done by lendedu a marketplace for student loans
>assumes that the statistic is accurate

Are you retarded? Not only is their sample size small, its also extremely biased towards those that research financial shit and are young. If you participate in a marketplace for student loans then you have to be living under a rock not to have heard of bitcoin.

Not to mention these guys are desperate to pay their loans hence they take risky investments like bitcoin. These guys are probably all millennials since it involves student loans.

>> No.9738617

>>9738551
i'm confused, this all sounds wickedly fucking bullish

>> No.9738623

We are the latest bag holders, not the last.

24 months until next sizeable bullrun. We multi bearing until then

>> No.9738629

>>9738609
>5,761
Correction i see its 5761 but its still VERY VERY small. Lmao, and these guys probably surveyed people that are young and updated w/ financial news.

>> No.9738635

>>9738551

yeah it's true even if people don't want to accept it

"mainstream" doesn't occur until a full 10% are holding something for a full year

>> No.9738638

>>9738606
He bought in December let him believe he'll get his money back lmao

>> No.9738659

>>9738606
>Oh you sweet child. Less than 1 percent owned them in 2016, now at minimum 5 percent do and some surveys find rates of ownership closer to 20 percent (when you count people that owned them previously but sold).

Lmao, bullshit. Show the source. Give me a statistic that involves a sizeable number of non-biased participants giving close to 20% and i'll sell everythig right now.

Take statistics 101 first.

>> No.9738665

>>9738629
What evidence do you have that the survey done by Global Blockchain Business and Survey Monkey didn't have a proper sample? It seems as though you want it to be true because you want to feel like you're an early adopter. It's time to face the facts, you have no evidence their sample was bad, and you are not an early adopter.

>> No.9738712

OP your point is what?
maybe I'm not early, but I'm still early enough.
maybe missed the gold rush, but the gold is still a promising investment.
late, but not too late.

>> No.9738728

>>9738665
>What evidence do you have that the survey done by Global Blockchain Business and Survey Monkey didn't have a proper sample?

Literally says there 1 to 5k people. New york alone has 8.538 million people. Even if they interviewed people all around the world thats like what? 5,000/195 countries = 25 people per country lol. The sample size is too small and the fact it was done by SURVEYMONKEY shows that they interviewed people that even know the obscure survey site.

You're goddamn retarded if you find surveymonkey before bitcoin despite the press. Global Blockchain Business probably used survey monkey to do the survey .

>> No.9738902

I work for a multinational bank.
I only work with about 30 people regularly and none of them hold bitcoin, the president of my section isn't even sure what a blockchain is he just knows that he should probably learn about it soon.
Calm down anons

>> No.9739005

>>9738606

Lol, 20% in US. No fucking way man. It's around that in South Korea though. I'd be surprised if it reached 20% EVER in the US.

https://medium.com/@mccannatron/12-graphs-that-show-just-how-early-the-cryptocurrency-market-is-653a4b8b2720

>> No.9739059
File: 84 KB, 800x800, 1521275900411.png [View same] [iqdb] [saucenao] [google]
9739059

>5761 surveyed
>inject brainlet fud
>"Wow, this is eye-opening..we are some of the last people"
>Doesn't even understand the majorities have never heard of the word bitcoin
Kek

>> No.9739084
File: 241 KB, 932x944, 1527620199978.png [View same] [iqdb] [saucenao] [google]
9739084

>>9738551

>> No.9739137

>>9739059
What is any of this based on? The survey results speak for themselves. The vast majority have heard of bitcoin, most don't want it for various reasons, of those who would consider owning it most already do. That's what all survey results indicate.

>> No.9739169

Wow so 50% of bagholders are white men not pajeets or chinks yet they act like pajeets and chinks. Eye opening

>> No.9739216

Watch this video
https://youtu.be/GGberGnxiJk
this FUD absolutely devastatingly BTFO

>> No.9739308

>>9738629
5,761 is not a small sample size. Take statistics 101 first.

>> No.9739563

>>9738597
No it is still retarded. People buy stocks for many reasons that don't apply at all to crypto. For it to reach an equivalent adoption we need it to be viewed as a hedge, right now it is viewed as a fucking scam.