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Bitcoin and Cryptocurrency: What’s The Future? Facts and Stats

Bitcoin and Cryptocurrency: What’s The Future? Facts and Stats

Today, all the people worldwide have heard something about Bitcoin. Even if they don’t know how the whole blockchain system works, they have already accepted the reality where cryptocurrency is something you can invest in. But why the price of Bitcoin is high? What’s the future?

Bitcoin it’s not regulated by any government and people are curious about what impacts the price of Bitcoin.

Bitcoin and Cryptocurrency: Facts and Stats

Here you can learn some interesting facts and stats about Bitcoin and Cryptocurrency.

What Determines the Price of Bitcoin?

There is a limited amount of Bitcoins that can be mined. Unlike fiat currencies, no one can create more BTC (Bitcoin) coins than the set number. The maximum number of BTC that can be mined is 21 million coins. When all the coins are mined, people can only trade and buy BTC.

Also, the central bank or any other central authority does not regulate Bitcoin or its price, so who does? what factor affects the price of BTC?

Here are some important facts about the price of Bitcoin:

The two most important factors are demand and supply. If there is demand from users, they keep buying BTC, and then the price goes up. For example, recently Tesla (Elon Musk’s company) has bought around 1.5bn of the BTC currency. This caused a 17% rise in price on Bitcoin.

The costs of producing BTC coins. The mining process is pretty expensive. You need certain equipment, electricity, etc. It takes money and it affects the price of digital currency.

Competition. BTC is one of the most popular cryptocurrencies out there. But there are other coins to invest in. So there are more options for investors and the prices regulate themselves. The competition among the most popular currencies keeps the prices down.

The monetary rewards are set to miners of BTC for verifying the transactions made within the blockchain system. Whenever the transaction is verified by users, they receive certain rewards. This also impacts the price of 1 BTC.

The number of exchanges where users can trade BTC for other currencies.

The price of BTC is volatile even though the currency is one of the most popular digital currencies out there. The market of BTC is pretty big compared to other currencies, but it’s not as big as the market of fiat money or gold.

That’s why most cryptocurrencies have faced the prices go down and up so fast. The trading volume of BTC is big, but not as big as the trading volume of fiat currencies or gold. You should also note that the prices are affected by positive or negative news.

For example, if there is a rumor that it’s beneficial to invest in a certain currency, then the price might go up since the demand is increased.

Such factors as uncertainty of the future of cryptocurrency as of the trade of value, risks of the currency for big holders, security breaches also can impact the price of BTC.

Most factors that impact the price of BTC are different from the factors that impact the price of fiat currencies, such as the dollar or euro.

What’s The Future of Bitcoin?

Cryptocurrency is only in its initial stages, so it is too soon to assume whether a cryptocurrency will be the future of money or what will be the impact of Bitcoin in the coming years.

With its increasing popularity, Bitcoin users predict that by 2024 many different types of Bitcoin will be released.

Reports show that Bitcoin will hit a staggering $500,000 by 2030.

The popularity of this form of currency is expected to grow as it is decentralized, safe, and anonymous.

The fact that many technology-savvy individuals and companies are using encrypted currencies indicates that the future of Bitcoin or cryptocurrencies as a whole is going to be bright.

Cryptocurrencies, especially Bitcoin, are gaining popularity among investors. It is hard to say whether it will become as popular as fiat money, but it is a good investment if you buy it at the right time.

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Social Media business marketing Startups

Social Media Apps: Stats and Facts You Need To Know

A world full of smartphone users with little knowledge of digital technology would require a platform to interact with people worldwide – a forum where they can chat with others, share their feelings or thinking, and advertise their products for earning purposes.

This platform is provided by social media apps like Facebook, Instagram, Twitter, TikTok, YouTube, etc, that let users interact or even make purchases.

Social Media Apps: Stats and Facts

The social media market will keep growing. The increasing social media market encourages people to build their apps and increase their profits.

Here are some interesting tips and facts about social media apps you need to know.

  1. Rise and Profits of Social Media Apps

Social media apps like YouTube, Instagram, TikTok, and Facebook have more than a billion users. These social media apps have to change the way that people interacting, accessing information, or buying products.

Stats show that social media apps are used mostly by young people aged between 18 to 30. But these days people of all ages are using social media apps. Instagram, TikTok, and Snapchat are popular among young groups.

With so many active users, marketers, or businesses who running a social media app or market an app would profit a lot in the future. People who have better knowledge about digital marketing invest in apps and gain profits by using their products and knowledge as a middleman.

  1. Benefits and Advantages

Social media apps will help you to increase the reach of your products to many people worldwide.

You can reach your target audience within seconds and at no cost.

You can track the insights of your product. (total number of shares and mentions).

Social media apps can help you to build relationships and trust with your customers. So you can grow your brand and profits.

  1. Predictions About Social Media Apps

In the next years, social media apps will have better visualization for usage by users, more creative and funny content, better personalization, better user security, and personal information safety.

The social media market will expand its reach and the users will gain profits by displaying their products on the social media page.

Data about Social Media, Mobile Phones, and Internet

5.112 billion mobile phone users worldwide

4.388 billion internet users worldwide

3.484 billion social media users worldwide

Social media platforms are the best way to promote your app.

  1. How to Create A Successful App

a). Research

Every successful project starts with research. Do not develop a mobile app just because is a trend.

Start with identifying an existing problem and how your app can give the solution. The main reason or purpose of apps is to provide solutions!

Also, is essential to do a competitor analysis and find the gaps in their app development (take it to your advantage).

b). Unique

If you want your mobile app to be successful, it can give what apps from other businesses are not. Stand out in the crowd, innovate, and customers will want to use your app.

c). User Experience and Design (Simple and Easy)

If your app is simple and easy to use will become popular. Users are looking for something that will increase efficiency and effectiveness most simply. The design should be simple and easy to understand.

Keep the user interface simple and user-friendly. Excellent user experience is a must for a mobile app to be successful.

d). Performance

You need to test your app for loading speed and other hurdles or difficulties before you launch it. No one will want to use an app whose performance is terrible. The founders of successful mobile apps understand this very well.

e). Customers Support

The most successful mobile apps have awesome customer support. Customer support plays an essential role in making your app popular and profitable.

Customers will trust your app if you provide a helpline. Without help, your customers would be frustrated and probably will not trust your brand, even if the error was from their end.

Making a successful app requires effort and dedication. It does not stop at design and implementation. It goes all the way to support.

Always pay attention to user feedback and improve your app.

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business google infographic marketing Social Media

YouTube Statistics: Demographics and Facts [Infographic]

YouTube is the most popular video platform. The hype around YouTube is centered around its simplicity and popularity of video content. Video content creators can easily upload and share a video within minutes (reaching a big audience around the world).

Users can share YouTube videos across their social media platforms, embed them into blog posts, or in forums.

On YouTube, you can find whatever you need. Beauty treatments, diets, and healthy guides, video game guides, e-learning courses, vlogs, product reviews, there’s something for everyone on YouTube.

  1. General Stats

YouTube has over 2 billion monthly active users

The total number of daily active users is 30+ million

There are over 300,000 YouTube TV paying subscribers

Each visitors spends around 11 minutes and 24 seconds per day on YouTube

More than 100 countries have their local version of YouTube

YouTube accounts for more than one-third of mobile internet traffic

Over 50% of YouTube users visit the site daily

Online video will account for 79% of internet traffic this year

500 hours of content are uploaded to YouTube every minute

  1. Demographics Stats

YouTube accounts for 67% of online video consumption among Millenials

81% of US internet users between the ages of 15 and 25 years old use YouTube

YouTube reaches 95% of internet users over 55 during the average month

Two-thirds of Millenials say they can find how-to content for almost anything on YouTube

79% of internet users say they have a YouTube account

At least 90% of US internet users aged 18 to 44 years old accessed YouTube

90% of US digital video viewers use YouTube

Almost 15% of YouTube’s site traffic comes from the US

Only 33% of popular YouTube videos are in English

  1. Marketing Stats

8 out of 10 marketers believe YouTube to be the most effective video marketing platform

70% of shoppers say they are open to learning about products from brands on YouTube

62% of YouTube mobile advertising receives the viewers’ attention

95% of YouTube ads are audible

93% of ads are viewable

Among digital channels and platforms, YouTube has the second-most influence on purchases

YouTube users are 3 times more likely to watch a tutorial compare to reading instructions

Two-thirds of shoppers say the video is their source of purchase inspiration

YouTube is the second-most popular place to post videos among businesses

Nearly half of marketers are investing in YouTube advertising

Mobile YouTube ads are 84% more likely to engage prospects than a TV ad

  1. Usage Stats

2019 saw a 39% increase in users watching YouTube on TV screens

70% of the total watch time on YouTube is via a mobile device

1 billion hours of video are watched via YouTube every day

The average user views about 6.740 pages every day

Product reviews, how-tos, and vlogs are within the top three types of videos that get a lot of views

  1. Fun Facts About YouTube

Gangnam Style was so popular that it broke YouTube’s video counter

20% of users will abandon a video if it hasn’t caught their attention within the first 10 seconds

YouTube is the second-largest search engine in the world

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business google infographic marketing Social Media

LinkedIn: Facts and Stats You Need to Know [Infographic]

The LinkedIn platform is known as the “professional social networking site.” LinkedIn is a pretty good social media platform to discover leads. Stats show that LinkedIn is 278% more effective at generating leads than Facebook, Twitter, or Instagram.

Also, LinkedIn is very popular among college students. Further research into these LinkedIn statistics revealed that 54% of college graduates in the US are LinkedIn users, while the site engages with only 9% of people whose education doesn’t surpass high school.

Many marketers are using LinkedIn. 80% of marketers said that LinkedIn is a very good source of leads, with 45% of marketers saying they have sourced at least one customer from LinkedIn. That number increases for B2B marketers, who report that 80% of their social media leads come from LinkedIn.

A primary reason that LinkedIn users are active on the platform is to find a job. With more than 20 million companies listed on the site and 14 million open jobs, it’s no surprise that 90% of recruiters regularly use LinkedIn.

A study found that 122 million people received an interview through LinkedIn, with 35.5 million having been hired by a person they connected with on the site.

Content Strategy

LinkedIn allows you to share different types of content. Articles, which can be posted on your profile, links to your website, slideshows, and video are among the most popular types of a content LinkedIn users post.

Content on the LinkedIn feed receives about 9 billion impressions per week, but only 3 million users share content every week. This means that only about 1% of LinkedIn’s 260 million monthly users share posts.

Stats show that “how-to” and list posts performed best, especially those with titles that had 40-49 characters. Additionally, it found that posts with five headings had the most views. Also, long-form content performed the best.

Images can improve your posts’ popularity. A visual content strategy is pretty effective.

LinkedIn has now made it possible to upload native videos. So LinkedIn users can see a more “human” side of businesses, making the brands behind them more approachable and popular too.

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blogging business google infographic marketing Startups

WordPress: Stats and Facts You Need to Know [Infographic]

WordPress is the most popular content management system (CMS) and now powers 37.6% of all websites on the internet. Here are some useful stats and facts about WordPress you need to know.

WordPress Stats for 2020

WordPress has a 60.8% market share in the CMS market

WordPress powers 14.7% of the world’s top websites

500+ sites are built each day using WordPress

The WordPress Plugin Directory features 55,000+ plugins

WordPress is also the fastest growing CMS platform

Also, 17 blog posts published on WordPress per second. And there are 37 million global searches made for the term “WordPress” on a every month. Furthermore, real-time WordPress activity data shows that each month, over 409 million people are viewing over 20 billion WordPress pages, with over 70 million new posts.

WP Plugins – Pretty Effective Tool

Plugins extend the basic functionality of the WordPress CMS to help users personalize their website or blog. There are many free and paid plugin options available on the market.

There are over 55,000 plugins on the WordPress Plugin Directory, with many new options added daily. Considering everything on the WordPress Plugin Directory, these plugins have collectively received over 1 billion downloads to date!

WP Themes

There are both free and paid themes available. Most WordPress use what you see is what you get (WYSIWYG) editors, which help the user see changes live as they configure them.

You can download many WordPress themes for free on the WordPress Theme Directory, which releases free default themes each year.

WP Security

The most common WordPress malware infections are backdoors, drive-by downloads, malicious redirects, and stolen passwords.

Security Stats

41% of WordPress attacks are caused by vulnerability on the hosting platform.

52% of WordPress vulnerabilities relate to WordPress plugins.

84% of all security vulnerabilities on the internet are the result of cross-site scripting or XSS attacks.

The core functionality of WordPress is to help users to start their blogs or business websites. Also, these days are used by many different kinds of companies. From small businesses to Fortune 500 companies.

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