{"id":19,"date":"2015-04-20T23:44:18","date_gmt":"2015-04-20T20:44:18","guid":{"rendered":"https:\/\/forklog.media\/?p=19"},"modified":"2016-01-21T02:42:19","modified_gmt":"2016-01-20T23:42:19","slug":"survey-users-dont-believe-in-bitcoin-value-advance-and-hardly-trust-crypto-exchanges","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/survey-users-dont-believe-in-bitcoin-value-advance-and-hardly-trust-crypto-exchanges\/","title":{"rendered":"Survey: users don’t believe in Bitcoin value advance and hardly trust crypto-exchanges"},"content":{"rendered":"
\nSpecial: <\/strong>Read in Russian<\/a>\n<\/div>\n

From March 31st to April 11th ForkLog in association with Pirate Party of Russia and Roskomsvoboda (Russian Committee for Freedom) has been holding a survey ‘Bitcoin in Russia and CIS countries’. We have prepared a detailed report on the findings which came as a surprise even to the ForkLog editorial board. <\/p>\n

Respondents<\/h3>\n

Among 789 people surveyed, 80% were residents of Russia, 10% of Ukraine, 3% of Belarus, 2% of Kazakhstan, 1% of Baltic states, and 4% from other cointries. More than a half of those surveyed (61%) claimed their involvement in active citizenship. <\/p>\n

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49% of the respondents claimed to have average income while just 11% told they had incomes above average. 82% of those surveyed think that distribution and non-profit-making use of information content should be free of charge.<\/p>\n

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Attitude towards Bitcoin<\/h3>\n

52% of the respondents are aware of Bitcoin and actively use the currency while 43% are aware of it yet do not use it. As it turns out, only 57% of our readers actually hold bitcoins. 61% of those surveyed paid for goods or services with cryptocurrency.<\/p>\n

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\nSupport ForkLog: <\/strong>13gpBcs4gY8P7ak2r7StMrvTp9evxkEe7w<\/a>\n<\/div>\n

Bitcoin as an investment<\/h3>\n

39% of the surveyed don’t keep their savings in Bitcoin form yet they’re planning to do so. 24% keep 5 to 20 percent of their free assets in bitcoins. 9% invest all their free assets in cryptocurrency. The rest of the surveyed don’t consider Bitcoin an investment tool. As for altcoins, just 33% of the surveyed use alternate cryptocurrencies as an investment tool.<\/p>\n

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Bitcoin ban<\/h3>\n

Answering the question on governmental attitude towards cryptocurrency, 77% said it was negative, 12% did not know about it, while 10% lived in countries where cryptocurrency is ignored. Only 1% claimed their countries are integrating Bitcoin.<\/p>\n

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However, 93% are negative about government attempts to bat Bitcoin, while there is 1% that feel positive about it (does it mean that there were Roskomnadzor employees surveyed as well?)<\/p>\n

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71% will carry on using Bitcoin even if it involves administrative or criminal liability. Only 20% claimed that fear of punishment could hinder them.<\/p>\n

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67% of those surveyed aren’t ready to actively partake in legalization and intergration of Bitcoin in their country due to lack of interest. 23% are ready to sign petitions and partake in round tables with government representatives. 10% are ready to go radical and even suffer in the name of Bitcoin integration.<\/p>\n

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Mistrust towards exchanges<\/h3>\n

51% of the respondents expectedly do not trust Bitcoin exchanges while 39% still use their services. Exchanges of foreign origins are trusted by 14% of the surveyed while 3% trust only their local ones. There are also 7% of very brave people who trust any exchange whatsoever. Interestingly enough, 14% of those surveyed keep their bitcoins in exchange-provided wallets.<\/p>\n

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Bitcoin Foundation never heard of<\/h3>\n

51% don’t know what is Bitcoin Foundation, while 21% don’t trust foundation’s local agency.<\/p>\n

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Block chain and the future<\/h3>\n

45% of the respondents believe block chain technology to change the world within next 20 years. 13% don’t know what is that block chain thing anyway, and 5% don’t believe in any prospects of the technology. 37% think that some changes are possible in particular countries but not globally.<\/p>\n

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To the Moon<\/h3>\n

The ‘to the Moon’ seems likely to happen only to 10% of those surveyed who believe that by the end of 2015 Bitcoin will have costed over $1,000. Only 3% think that Bitcoin will depreciate, and 5% assume the cryptocurrency value won’t overcome the $200 threshold. More than a half of the respondents (56%), however, think that Bitcoin value will stay within the range of $ 200 to $ 1,000. 26% of the respondents refused to predict the unpredictable.<\/p>\n

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ForkLog editorial board wishes to thank all our readers who participated in the survey. Stay tuned!<\/em><\/p>\n

Read Also<\/strong>
\nRussia loses its future by banning Bitcoin, or another cryptocurrency eulogy<\/a><\/p>\n

\nSupport ForkLog: <\/strong>13gpBcs4gY8P7ak2r7StMrvTp9evxkEe7w<\/a>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Special: Read in Russian From March 31st to April 11th ForkLog in association with Pirate Party of Russia and Roskomsvoboda (Russian Committee for Freedom) has been holding a survey ‘Bitcoin in Russia and CIS countries’. We have prepared a detailed report on the findings which came as a surprise even to the ForkLog editorial board.<\/p>\n","protected":false},"author":1,"featured_media":20,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"human_written","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,23,98],"class_list":["post-19","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-cis","tag-survey"],"aioseo_notices":[],"amp_enabled":true,"views":"65","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/19","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=19"}],"version-history":[{"count":2,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/19\/revisions"}],"predecessor-version":[{"id":401,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/19\/revisions\/401"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/20"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=19"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=19"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=19"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}