How many Americans have heard of Bitcoin? Check out this survey to find out! by jrcornel

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bitcoin · @jrcornel · Sep 18 '17 (edited)

$91.09

How many Americans have heard of Bitcoin? Check out this survey to find out!

<html>
<h1>https://s26.postimg.org/4pdpg4hl5/american-flag-bitcoin.png</h1>
<h1>Bitcoin has been all over the news recently.</h1>
<p>At first it was because it was making higher highs seemingly on a daily basis, but now it has been in the news as countries seek to figure out to best regulate it.&nbsp;</p>
<p>Either way, it has captured the interest of the financial media as well as the general media.</p>
<h1>To better quantify that level of interest, take a look at these numbers released by LendEDU.</h1>
<p>According to LendEDU:</p>
<p><strong>How many Americans have heard of Bitcoin?</strong></p>
<p><strong>Answer:</strong> <em>Roughly 78.5% of Americans have heard of Bitcoin</em></p>
<p><strong>Of those who have heard of Bitcoin (78.5% of the population), how many think Bitcoin is illegal to own in the United States?</strong></p>
<p><strong>Answer:</strong> <em>Roughly 11% answered that owning Bitcoin is illegal in the US. While another 48% claimed they were unsure of it's legal standing.</em></p>
<p><strong>Of those who have heard of Bitcoin, how many have actually owned it or would be open to using it in the future?</strong></p>
<p><strong>Answer:</strong> <em>Roughly 14% have ever owned it, but roughly 40% were open to using it in the future. Roughly 34% were undecided about using or owning Bitcoin in the future.</em></p>
<p>*There was a strong correlation between age and answers in this poll. The younger the American, the more likely they were to have heard about Bitcoin and were more likely to be open about using it in the future.&nbsp;</p>
<h1>https://s26.postimg.org/8n0z5j4eh/brain-stims.png</h1>
<h1>A similar poll was done in 2013, and that poll showed roughly 42% of Americans had heard of Bitcoin, vs the current 78.5% number.</h1>
<p>People are becoming more aware!</p>
<p>I guess the age old adage is right:</p>
<p><em><strong>"any publicity is good publicity".</strong></em></p>
<p>If this poll is any indication, the future of Bitcoin and cryptocurrency is bright as the younger generations are more likely to want to use these kinds of currencies as forms of payment or investments.</p>
<p>Stay informed my friends.</p>
<p>Sources:</p>
<p>https://www.forbes.com/sites/panosmourdoukoutas/2017/09/18/four-facts-about-bitcoin/#2d4f46955abf</p>
<p>Image Sources:</p>
<p>http://cryptobizmagazine.com/?p=2197</p>
<p>http://alinefromlinda.blogspot.com/2017/01/momentum-taking-action-leaves.html</p>
<p>Follow me: @jrcornel</p>
</html>

👍 donkeypong, jrcornel, sweetsssj, analisa, trafalgar, btu, knircky, teamsteem, hanshotfirst, sauravrungta, ayusor, ripperone, kevinwong, nanzo-scoop, jaki01, romangt87, toxic, ajvest, englishtchrivy, justtryme90, mrwalt, thecryptofiend, cyan91, bigram13, jondoe, ezzy, the-alien, rapp, isteemit, sportsncoffee, tradeqwik, thegoldencookie, slider2990, steemtruth, cryptomancer, bluehorseshoe, fricibacsi, jademont, teammo, sponge-bob, mauricemikkers, voiceofreason, sneakgeekz, jlufer, mantishands, scaredycatguide, bycz, joythewanderer, ibringawareness, richq11, djohan, retired20usaf, ace108, jens84, mdquixil, snoe860, cryptoeagle, nepalipahad, uwelang, future24, cryptotem, nezbong, ccoindigger, aksinya, and 235 others

`author`	jrcornel
`permlink`	how-many-americans-have-heard-of-bitcoin-check-out-this-survey-to-find-out
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properties (23)vote details (299)

voter	rshares	pct
analisa	2,810,136,990,848	40%
berkah	27,424,125,267	11%
anu	12,778,887,198	1%
enki	12,468,344,846	0.6%
ajvest	488,757,418,419	100%
proctologic	2,271,257,082	2%
donkeypong	4,985,355,381,027	40%
pnc	36,419,443,760	11%
cyan91	266,180,031,884	100%
jademont	103,846,908,922	50%
teamsteem	1,754,478,084,302	11%
nanzo-scoop	535,967,028,864	10%
mummyimperfect	5,582,215,940	10%
kevinwong	603,049,567,787	20%
ak2020	3,382,206,809	10%
thecryptofiend	304,942,104,362	25%
justtryme90	359,884,857,001	25%
the-alien	171,545,007,389	100%
mauricemikkers	85,152,743,031	100%
herethengone	0	100%
isteemit	159,534,257,614	46%
juanmora	10,761,708,289	100%
lauralemons	2,287,190,196	5.5%
ezzy	212,469,447,510	15%
hitmeasap	801,807,435	5.5%
knircky	1,961,700,310,988	100%
gryphon	11,517,706,601	32%
nepalipahad	46,420,356,973	100%
bycz	64,342,155,770	100%
luisucv34	1,287,102,485	21%
fiona777	203,054,065	100%
jens84	50,294,915,523	25%
sauravrungta	778,524,452,743	100%
joythewanderer	62,855,086,553	30%
ace108	50,922,096,592	3%
brianphobos	22,777,692,144	34%
jasonmiller2134	363,768,955	100%
youngkim	28,882,613,322	80%
rapp	167,252,639,008	100%
cryptoninja	678,288,986	5%
toxic	503,187,496,354	100%
future24	39,976,032,498	100%
jrcornel	3,307,707,068,562	100%
scaredycatguide	65,970,901,067	20%
hanshotfirst	866,280,315,783	29%
jschindler	4,089,325,205	100%
lemouth	15,584,466,188	10%
thegoldencookie	139,725,502,931	100%
anotherjoe	19,316,713,704	2%
lamech-m	2,095,404,846	11%
almerri	624,228,001	100%
cryptomancer	117,252,904,244	20%
sweetsssj	3,152,639,698,743	10%
englishtchrivy	360,885,661,550	100%
jlufer	75,823,010,455	30%
uwelang	43,832,737,686	15%
aggroed	850,895,221	5%
sponge-bob	91,386,032,019	99%
kyusho	8,975,873,937	5%
bluehorseshoe	107,345,303,905	100%
profitgenerator	2,637,251,682	100%
allyouneedtoknow	34,613,249,929	40%
ibringawareness	62,195,231,002	100%
rynow	20,960,568,683	5%
jennswall	1,228,286,832	100%
forcebrew	122,441,463	100%
whoib	758,096,058	100%
aksinya	36,487,638,149	70%
natord	7,885,360,903	100%
astronomicus	629,854,345	100%
apothecae	887,213,020	100%
rebeccabe	257,444,365	1%
steemtruth	117,524,098,120	30%
jaki01	534,195,041,637	25%
slider2990	118,332,668,950	100%
astrolog	3,958,107,758	100%
mafeeva	7,815,162,286	10%
qeysolutions	6,744,134,454	100%
tradeqwik	143,720,705,181	10%
steemsex	1,395,331,189	100%
richq11	55,770,631,914	25%
fricibacsi	105,711,628,537	100%
nspart	7,147,770,503	5%
dragon40	1,533,219,116	5%
vandalizmrecordz	5,931,088,009	100%
sebastianjago	28,830,259,335	5%
dr00min	1,283,520,613	20%
ripperone	668,665,682,751	19%
homes	9,413,917,849	100%
chessmasterhex	4,178,351,291	100%
pqlenator	6,582,046,367	100%
eusebio	6,760,459,352	100%
hyzi0	382,777,942	100%
sebhofmann	27,783,550,543	100%
middle-theory	13,277,610,775	25%
stenonotes	12,401,610,511	100%
teammo	102,206,262,823	50%
mursin	2,072,009,139	100%
voiceofreason	83,775,506,480	100%
romangt87	527,781,196,232	100%
btu	2,454,844,259,845	98%
trafalgar	2,696,416,604,702	13%
lazybits	3,706,117,741	100%
snoe860	48,183,480,985	100%
ayusor	777,409,349,502	100%
sandstorm	11,148,780,503	20%
kimo	413,583,490	100%
sberkassa	520,435,568	100%
immort	513,794,056	100%
lilianagolban	536,857,061	100%
jamhuery	1,146,663,094	5%
sotnikov	533,603,899	100%
aismor	670,049,411	100%
raddog	9,420,772,302	100%
ponchiks	529,436,086	100%
hammadakhtar	1,141,975,619	10%
goldenroom	13,607,779,915	100%
greenstar	4,404,876,973	11%
ghostgod	1,318,035,377	100%
cipherpol	621,340,000	100%
treetoptennis	13,631,298,140	100%
gordonovich	1,075,407,016	5%
aarkay	99,622,128	100%
djohan	53,869,210,962	33%
boomjump	1,173,117,624	100%
mdquixil	49,302,902,952	100%
retired20usaf	53,781,871,823	100%
tutial	14,033,276,079	100%
matthijsw	626,424,612	100%
emcvay	516,225,198	10%
cryptofiend420	319,793,179	100%
mrwalt	308,551,546,809	50%
sv67216721	4,531,176,116	5%
popponayashelly	14,400,259,784	100%
pugriffs	467,691,769	100%
sportsncoffee	145,739,274,398	100%
yacov	27,486,926,974	80%
bitbybit	8,364,759,153	100%
mandagoi	21,582,737,883	31%
mrssignificant	9,615,619,814	100%
v0lter	619,520,000	100%
headliner	16,631,025,088	100%
stackin	15,349,744,023	1%
soon8013	8,901,376,429	100%
livingwaters	9,671,842,424	100%
drakkomaximo1234	3,701,985,340	100%
sneakgeekz	81,911,035,939	35%
sminchow	917,919,044	100%
bigram13	227,428,699,137	100%
jkkim	23,437,170,776	10%
arqetype	16,938,657,348	100%
votingbot	23,118,734,499	100%
ericarthurblair	4,703,803,556	10%
earnonlinewith	7,750,967,118	100%
vj1309	12,243,320,890	100%
krypto101	9,348,959,744	100%
ccoindigger	37,650,508,444	100%
revelim	7,168,833,425	30%
cryptohustler	3,863,932,693	100%
ladyrebecca	5,468,865,382	100%
suitablybored	249,724,706	100%
khairulmuammar	1,619,268,840	100%
benderisgreat	810,043,348	100%
masterthematrix	35,431,864,955	30%
michaelwilshaw	2,062,411,046	10%
aleross	1,263,067,258	100%
dvhaley	2,727,736,731	100%
timsnaj	773,238,258	100%
fenequedvm	9,168,388,809	30%
welovegaming	11,165,320,901	100%
brian.rrr	997,437,923	100%
aboutyourbiz	15,036,001,436	100%
cryptotem	39,932,520,775	100%
rnunez09	4,574,656,562	100%
kondor1030	34,505,042,546	100%
vepa	481,055,900	100%
rafine	24,676,763,153	100%
cryptoballer	9,345,533,639	100%
nezbong	39,924,725,672	100%
jomeszaros	19,500,608,411	100%
kilu83	85,471,939	100%
alextracy	629,056,922	100%
woodywood143	2,735,811,613	25%
zeidlitwhips	3,563,045,643	100%
thimom	2,670,937,232	100%
thatdude	108,679,866	10%
tlm	610,227,200	100%
injury-prone	614,303,092	100%
majorposquare	687,949,993	100%
andre-verbrick	4,358,089,809	100%
travel-cuisine	25,089,334,188	100%
nickl	6,563,185,050	100%
nickwalshblog	749,404,232	100%
rachelmishkin	637,446,400	100%
rosarose	610,227,200	100%
mantishands	71,789,969,013	100%
ericwilkens	3,412,585,754	100%
johncobra	308,578,821	100%
munawir91	1,536,142,426	100%
itallmatters	604,655,507	100%
dubem-eu	533,994,448	100%
investoranalysis	1,118,857,688	100%
unrared	11,583,294,099	5%
otage	2,271,161,172	100%
permatek	1,433,468,340	100%
stadex	568,957,807	100%
mephentis	850,107,703	33%
tredd	334,540,800	100%
qusim	350,028,800	100%
rbava	343,833,600	100%
izinaizina	583,085,630	100%
garudi	846,357,992	10%
tsflorach	598,951,668	100%
tom74	0	100%
alekseimedvedev	13,715,557,558	100%
kalay	619,726,246	100%
polik	685,992,366	100%
cryptoeagle	47,598,163,892	50%
nadhora	3,395,548,505	100%
karaziatrue	773,265,057	100%
marispant	613,896,407	100%
transcript-junky	6,891,706,638	100%
redbikk	1,795,548,882	100%
anitchamich	1,162,959,342	100%
turymenecier	70,113,882	30%
dynobryno	2,882,673,738	100%
wombleoftherock	3,015,741,064	100%
ownthebank	1,120,020,999	100%
volobina	1,156,066,019	100%
kololopp	1,160,637,395	100%
fixatij	262,336,640	100%
mikekenlytungal	3,967,561,348	100%
kujaf	876,279,497	100%
rahmatidhami	272,749,243	100%
kanashimi	118,779,274	5%
selek	905,295,253	100%
joshiejack	1,161,129,626	100%
dmacvel	567,426,510	100%
mesak	870,475,275	100%
masterofcoin	29,058,468,288	100%
wyvon	887,883,059	100%
vunoj	887,883,057	100%
pajero	1,918,935,149	100%
sclyuev	1,143,220,479	100%
modiggy	1,206,975,995	100%
superdavey	5,385,176,989	100%
dimensional-drop	141,348,460	100%
kasou80	885,500,191	100%
arzhanuh	1,160,627,507	100%
olega	1,154,822,065	100%
midnight-ride	1,162,479,598	100%
omgrofl	924,571,106	100%
mdarhri	896,601,539	100%
learngerman	1,389,954,699	100%
redeyeuk	1,152,187,193	100%
lovewave	1,160,622,166	100%
fetta	690,692,671	100%
emiliyaskaz	1,143,212,479	100%
teu42	1,137,408,431	100%
miprimerconcurso	431,227,659	100%
inder4ai	1,143,209,281	100%
mycoins	1,079,374,087	100%
ironbrian	3,504,049,059	100%
glasscannon	272,889,864	100%
jondoe	226,396,749,917	100%
steempickem	5,043,802,516	100%
carlosxavier	1,120,072,203	100%
nikosuave007	27,299,242,742	100%
erodedthoughts	3,884,255,142	15%
opaulo	156,840,746	1%
sweecee	253,278,269	100%
bartosz546	1,160,609,171	100%
tariq.jamali	1,036,094,986	100%
tagig	736,985,901	100%
s3l3r	980,712,759	100%
by-yesilbag	145,075,849	100%
zachspain	377,197,204	100%
chasad75	1,131,591,557	100%
daskalos1917	1,160,606,551	100%
phofstet	1,621,607,058	100%
a-a-a	75,439,375	100%
kabukiman	1,160,605,757	100%
miygo	882,060,288	100%
optimisticguy	174,090,831	100%
ayoflash	319,166,509	100%
veryberry	1,021,332,796	100%
jsharkey	1,108,377,216	100%
edwardboey	365,589,402	100%
nmao	1,160,601,273	100%
imjoy	1,003,920,081	100%
sean37876	1,096,768,139	100%
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@bitdollar · Sep 18 '17

Wow that is surprising. I would of thought it would be lower.

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@blockgators · Sep 19 '17

$0.03

I remember when I first heard about bitcoin. Someone online was trying to sell me a boat load of them. This is what happened 
1. I thought it was a physical coin and that they would have to be mailed to me.
2. I didn't know about the bitcoin address and got confused thinking it was mu address.
3. I didn't know about the bitcoin wallet at all or that it would need to be downloaded.
hey @cleverbot when did you find out about bitcoins?

👍 cleverbot, sean37876

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properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
cleverbot	0 B		9,554,765,671	100%
sean37876	0 B		928,480,964	100%

@cleverbot · Sep 19 '17

<p>Have you heard of The Legend of Zelda series?</p>

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@brian.rrr · Sep 18 '17

$0.76

Good post. I am shocked when I talk with people and they have never heard of bitcoin or other cryptocurrencies, but your research shows there are still some out there who need to be educated!

👍 jrcornel, worldwatcher, sean37876, ansisltd

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@coincado · Dec 21 '17 (edited)

Not only in the US! 
Today I published the result of a Bitcoin Survey in the UK, the results will surprise you!
[![coincado-steemit-header2.jpg](https://steemitimages.com/DQmTYm3SEWCXJ86wQZJsF5WQL1vz3gYZxDn3ZPSTUCAgNVX/coincado-steemit-header2.jpg)](https://steemit.com/bitcoin/@coincado/1-in-7-people-think-bitcoin-is-a-board-game)

👍 coincado

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@brianphobos · Sep 18 '17

I'm actually surprised the percentage saying they have ever owned it is 14%.   That seems high to me.   That is 42 Million people approximately that have owned it.   It just seems like a lot.

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@jrcornel · Sep 18 '17

$2.55

Those were my thoughts as well. The sample size probably affected this as it would't take many people in the sample owning bitcoin to really slant the results when talking about such a small percentage...

👍 sauravrungta, bigram13

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@brokecollegegrad · Sep 18 '17

This is precisely why I am HODLing right now. Wait until we reach 90% of Americans knowing.

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@clumsysilverdad · Sep 18 '17

that's quite a bit more awareness and openness than i was aware of.  mr. dimon better work with his pr team on his message!

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@brokecollegegrad · Sep 18 '17

@clumsysilverdad I agree with you! However, owning Bitcoin and understanding it are two completely different things my friend!

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@clumsysilverdad · Sep 19 '17

yeah, that's for sure

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@dvhaley · Sep 18 '17

Analyst Tom Lee recently pointed out (in [a CNBC clip](https://www.cnbc.com/video/2017/09/14/tom-lee-heres-why-bitcoin-will-hit-25000.html)) that bitcoin is not especially widely held at this point. His analysis reveals there are only about 300,000 holders of at least $5,000 USD worth of bitcoin. 

I wish we had data on holders whose wallets have smaller sums. In any case it will be interesting to see what the future holds as that 14% figure grows along with the more pervasive knowledge of bitcoin and it's use cases.

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@everittdmickey · Sep 18 '17

$0.18

why does it need to be regulated?

👍 mantishands, entocoin, worldwatcher

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@brokecollegegrad · Sep 18 '17

To make government richer, to control its power, to control the people.

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@jrcornel · Sep 18 '17

$0.04

Probably best to ask them...

👍 ibringawareness

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@worldwatcher · Sep 19 '17

Jamie DImon calls Bitcoin a Fraud.  He is soooo Full of Shit.  Isn't Silver Market Manipulation a Fraud?  The New York 2nd U.S. Circuit Court of Appeals ruled that District Court Judge Engelmayer was in error when he dismissed the Silver price rigging lawsuits against JP Morgan

👍 worldwatcher, sean37876

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2 replies

@sisj · Sep 18 '17

Well government want it to be regulated so they can tax it and control its value. However the point of it is its decentralized so no one govt can control it. Its a beautiful thing.

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@jimicoco · Sep 18 '17

And this is the big problem. Crypto needs to stay decentralized. I'm a nobb, but here:
https://www.youtube.com/watch?v=SeK0oKAj-Ro&t=59s

Thanks to @avilsd

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@skytrex · Sep 18 '17

$0.15

This is not about controlling the value, but about controlling the sheeple-people. With cryptos comes freedom, no government on earth wants that to happen actually...

👍 skytrex, zoidsoft

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@sweecee · Sep 18 '17

What is not regulated?

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@future24 · Sep 18 '17

$0.10

Great post!

👍 future24

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@glasscannon · Sep 18 '17

Hi, I just upvoted this great post and hoping you could do the same to this post of mine: https://steemit.com/introduceyourself/@glasscannon/hola-steemit-its-nishant-xd
Thanksss!!!!!!!!

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@gryphon · Sep 18 '17

$0.12

Bitcoin Price want to set New All-Time High Soon)
https://i.imgur.com/VX57nZj.jpg
https://www.bitmex.com/register/HJfZyC
you can trade bitcoin contract features a high leverage of up to 100X

👍 gryphon, itsshowtime007, dynobryno, jayvogler, neuroanalysis, sean37876

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@healthpac · Sep 18 '17

Interesting stats you are sharing there! It was a surprising high number I thing with 14 % of the people who have heard of Bitcoin have actually owned some. And also that 78.5 % asked had heard of Bitcoin, that's some huge numbers I think. Thanks for sharing

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@brokecollegegrad · Sep 18 '17

I think a better survey would be: Of the people that have owned Bitcoin, how many have a deep understanding of it?

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@ibringawareness · Sep 18 '17

Really glad that I'm in the 14% of that 78.5% and Hodling... maybe the snowball effect you mention is my ticket into "the 1%" haha.

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@nmao · Sep 18 '17

$0.04

Only 300,000 people from around the world hold $5000 or more of bitcoin. There's still lost of opportunities for growth.

👍 ibringawareness

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@lorelaialoha · Sep 18 '17

are you serious?! only 300,000?

👍 nmao

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1 reply

@imjoy · Sep 18 '17

https://i.ytimg.com/vi/OOXP5itqt50/maxresdefault.jpg

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@johanbosman · Sep 18 '17

Yeah it's crazy how big the percentage of people that does not even have a clue what bitcoin or crypto is. When I tell someone get 30% in a week on your investment they are like Ponzi mofo alert. Lol.

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@jomari · Sep 19 '17

i heard that Mayweather did buy some bitcoins from the money he made from kicking conor's **t

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@jsharkey · Sep 18 '17

$0.04

Roomer on reddit says less than 1% of the world own bitcoin or just cryptocurrency in general. Time is ticking till this becomes mainstream!

👍 ibringawareness

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@knircky · Sep 20 '17

the key number here is 14% that have ever owned bitcoin. That is actually a lot. I would have expected more something around 10M out of a 200M us adult population, which would be closer to 5%.

So this is good news.

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@ladyrebecca · Sep 18 '17

As I've just made my first Bitcoin transaction today, I feel terribly smug after reading this... not to mention I feel younger!

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@nmao · Sep 18 '17

Only 300,000 people around the world hold $5,000 or more of bitcoin. You are very early

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@lahcen80 · Sep 18 '17

Bitcouin became known globally and all people are behind it

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@leonid20000 · Sep 21 '17

well that may be true, but more important is how many of them are aware of it's potential, it's not neccesarily a good thing if many people have heard about something because if they are not well educated it can just add to the FUD. As informed bitcoiners it our responsbility and als in our best interest to educate people on blockchain and it's enormous potential.
https://steemit.com/blockchain/@leonid20000/how-well-do-you-know-blockchain

properties (22)

@livelifefullest · Sep 18 '17

And not only the Americans will let it burn. For sure all crypto s will go sky high. Its just a matter of time and trust.

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@lovewave · Sep 19 '17

Great article!
Unfortunately my friends and family seem to be hyper-paranoid about Bitcoin. I have been trying to explain the basics of how it works, but they all just think I'm crazy to buy such a risky 'fake' currency. There's so much push back, but I'm hoping they change their minds when they see that it really is becoming more acceptable every day, (not to mention the potential profit).

👍 lovewave

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@oriongazer · Sep 19 '17

Stick to your convictions... my guess is you're going to be smiling some day... and then you can just be the good person that you are and help them get on board when they are ready.... or it's a necessity.

properties (22)

@magicbot · Sep 18 '17

@jrcornel your post is amazing

properties (22)

@masterthematrix · Sep 18 '17

$0.32

Great info thanjs for sharing!!!

👍 masterthematrix

properties (23)vote details (1)

@matthijsw · Sep 19 '17

I am actually surprised by these numbers... I would have thought the percentages would have came out lower to be honest. I am not from the US but I am very curious about worldwide numbers. I can't imagine 78% of the citizens in my country knows  about bitcoin...

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@mikekenlytungal · Sep 19 '17

I like the idea of the snowball effect.
Thank you @jrcornel!

properties (22)

@modiggy · Sep 18 '17

I think bitcoin will skyrocket  just like john mcafee said conservatively  500,000 dollars per bitcoin. I have also heard of long term estimates of 1.5 to 3 million per coin. This makes sense to me because when I talk about it to my friends and family they dont know what it is or the dont know how to purchase bitcoin. I beleive when a majority of the world realizes that there is a decentralized currency out there the sky is the limit in my humble opinion. I upvoted this post.

👍 modiggy, nmao, jesusjuice

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@jesusjuice · Sep 19 '17

The BTC will simply be spent in Satoshi. Whereas, 1 sat = 1 penny, or hell, one day 1 sat = 1 dollar. That's a long way off though. Orrrrrr it's a big ass bubble and we're all doomed!!!! Ahhhhhhhhhh the sky is falling! lol 
No, i believe in a conservative(IMO) estimate of $50,000 USD per btc by 2027. That's been my investment strategy. Accumulate 10 btc and just park em, never look. I got in late but still made my goals without hurting the bank account too much. Also i believe the 95% of tokens/coins you see on any exchange will fail within a few years. I have picked a handfull that i believe will increase 500 to 100% in 5+ years and invested in them as well. People that are not daytraders and well versed in this need to be mature and look at the long game, that's where you'll do best. But I have much respect for the folks that can have the balls to flip btc and other top coins. People made fortunes over the last week.

👍 nmao

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@nmao · Sep 18 '17

Hey Modiggy, am from Africa - Uganda and people here are picking so much interest because the currency here is rubbish. Only problem is most people can only afford low value transactions.

👍 modiggy

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@modiggy · Sep 18 '17

Hi my friend you can buy fractions of a bit coin like small amounts there are many sites were you can create a bitcoin wallet and purchase as low as 10 dollars worth of bitcoin I can suggest one site that I personally like and that is paxful.com, you can even use gift cards to purchase some. I hope this was helpfull my friend because I believe we all could make some good money on this.

👍 modiggy, nmao

properties (23)vote details (2)

2 replies

@scandinavianlife · Sep 18 '17

Hodl on to your 0.01 btc. It will be worth a fortune in the future.

👍 nmao

properties (23)vote details (1)

1 reply

@muhammadbadawi · Sep 18 '17

hello 
This is awesome !
Please check my last post and share your opinion
@muhammadbadawi

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@mycoins · Sep 21 '17

Interesting statistics!

properties (22)

@nmao · Sep 18 '17

Its also interesting to know that only 300,000 people own more than $5000 worth of bitcoin around the world. Its still a very young industry

properties (22)

@optimisticguy · Sep 18 '17

https://www.youtube.com/watch?v=Um63OQz3bjo&t=5s
Here is a video that explains Bitcoin like you would explain to a six year old child.

👎 cheetah

properties (23)vote details (1)

@optimisticguy · Sep 18 '17

What Is Bitcoin and How Does It Work?
https://www.youtube.com/watch?v=ZT26y_l-jtI

👎 cheetah

properties (23)vote details (1)

@otage · Sep 18 '17

Yes it is making the news a lot and that is great. The powers that be that are trying to mess with it are actually creating this snowball effect because every time they try to tamp it down it comes back stronger with more people on board!!

properties (22)

@permatek · Sep 22 '17

Sure we heard about it know, but still far to be used by the mass. Should be interesting to know about a similar survey in France... I'll try to find it.

properties (22)

@rebeccabe · Sep 18 '17

I would say 98% of the people I ask have never heard of it.  Which really surprises me.  Is everyone asleep?

properties (22)

@brokecollegegrad · Sep 18 '17

Most people simply choose not to wake up

properties (22)

@redeyeuk · Sep 18 '17

Nice info ! :}

properties (22)

@sajedul04 · Sep 18 '17

hi, nice to read about you.
i am, sajedul ahmed, from bangladesh,am also new on steemit and welcome you to steemit.
i have followed you. so, can also follow me plz.and plz upvoted my post.
best of luck...

properties (22)

@scaredycatguide · Sep 19 '17

Yup, the snowball is rolling.   The mainstream society knows of bitcoin but are still getting comfortable with it.  

Posted about the short segment on CNBC today talking bitcoin.  Love every time they have it on as it will just become more comfortable to people the more and more they see it.

properties (22)

@schwmm · Sep 18 '17

Good to see it becomes more and more widely adopted! The bigger it gets the harder it gets to take down!

***Interested in crypto? Check out my channel!
Guides, trading tips, ICO heads-ups and more!***
[![follow me!](https://media.giphy.com/media/up9yNMQJTvBzq/200.gif)](https://steemit.com/@schwmm)

properties (22)

@spirtuallife · Sep 18 '17

Thank u for the post

properties (22)

@sportguy84 · Sep 18 '17

I told quite a few friends about Bitcoins and they were a bit skeptical.

properties (22)

@brokecollegegrad · Sep 18 '17

In what sense?

properties (22)

@g4l · Sep 19 '17

I've known about BTC since 2012 - owned some, transacted with some, sold some, profited with some... but a +572.85% year-over-year appreciation versus the USD makes me pretty skeptical too.

[Google Finance Chart](https://finance.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=Linear&chdeh=0&chfdeh=0&chdet=1505828790566&chddm=360441&q=CURRENCY:BTCUSD&ntsp=0&ei=rh_BWdmXNIOejAGy5YLAAQ)

properties (22)

@steemit.lover2 · Sep 18 '17

So, 19% of the Americans who know about Bitcoin still in favor of it. That's cool. Thanks for sharing these stats.

properties (22)

@techwizardry · Sep 18 '17 (edited)

$0.67

The older generations are very reluctant to change. They just don't want to be bothered with all the new tech stuff. the way I see it: the future of cryptos is firmly in the hands of the millenials. If this survey was broken down into various age groups, the results would be heavily skewed towards the the Under 40 category. 

The boomers, many of whom are precious metals bugs and stock market investors, just don't want to hear about bitcoin. In their minds: bitcoin is "not backed" by anything.

👍 gridcoinman

properties (23)vote details (1)

@tom74 · Sep 26 '17

$0.02

spot on. I am 43 and am definitely old on here. I hope people (younger guys) remember that gold and silver are for the times when the crypto's don't work. It seems like some younger people dismiss metals. I see the value of crypto's but it is a nightmare to negotiate from a micro-investors mindset. It seems you have to go by instinct mostly after you digest thousands of hours of information.

👍 techwizardry

properties (23)vote details (1)

@vaerospace · Sep 18 '17

And they say dinosaurs never existed , they walking the street all over town folks !! <a href="https://steemit.com/@vaerospace">
<p><img src="http://37.247.51.130/steem/slv5.jpg"/></p></a>

properties (22)

@veryberry · Sep 18 '17

Interesting survey, I find the figures to be really high. I think the result would be different here in Australia.

properties (22)

@woodywood143 · Sep 18 '17

Most of the people I know have heard the word 'Bitcoin' but have no clue to what it is.

properties (22)

@brokecollegegrad · Sep 18 '17

Agreed. Many people know what the word is, but don't really have an understanding of it!

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