Quirky Crypto Survey Results

We are excited to share the results from our Quirky Crypto Survey. We have had over 2000 responses and some really interesting results! A big thanks to our Cointree community who participated!

Would you consider buying Bitcoin or other Cryptocurrencies in the next 12 months?

• 65% - Yes
• 35% - No

Do you think the media gets too caught up in the Bitcoin frenzy when things are running hot?

• 66.9% - Yes
• 33.1% - No

Where do you see Bitcoin in the next 10 years?

• 15.6% - Crash and Burn
• 66.5% - $10,000 - $50,000
• 17.9% - To the moon

What would it take for you to buy some Bitcoin or other crypto?

• 14.4% - A better understanding of how cryptocurrency works
• 29.9% - Better regulation
• 30.9% - More confidence in digital wallets and security
• 5.6% - Buy-in from my wife, husband or partner
• 12% - Making a good win on the horses, casino or pokies
• 7.3% - My kids bugging me to do it

If you are interested in crypto, how would you describe yourself?

• 34.4% - Careful and conservative investor
• 13.8% - A tech geek interested in dabbling in the latest stuff
• 23.2% - Simply curious
• 9.2% - Scared of missing out on the next big rise
• 19.4% - I have no idea about this stuff or where it’s going

Which everyday item would you most like to pay for with crypto?

• 1.2% - Uber Eats
• 11.4% - Bills
• 0.7% - Petrol
• 2.7% - Groceries
• 2.1% - Gifts and vouchers
• 37.4% - Absolutely everything!
• 44.6% - Nothing

What other investment are you most interested in owning?

• 21.7% - Listed Australian shares
• 6.4% - International shares
• 22.3% - Gold
• 39.2% - Investment property
• 0.9% - Art
• 9.5% - Startup tech ventures

When is the right time to buy Bitcoin or other cryptocurrencies?

• 7.5% - When the price halves from its current level
• 22.3% - When the price drops a bit more
• 41.1% - Now
• 8% - When it is rising strongly
• 21.1% - When pigs fly!