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Topic: Are we still "Early Adopters"? - page 13. (Read 2614 times)

member
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October 21, 2018, 05:36:56 AM
#45
From 2009 till now, I will say we are still the early adopters. Millions of people around the globe still haven't heard the word "bitcoin" before not to talk of even "cryptocurrency". If regulation comes in now then we will have passed the early adopter stage.
legendary
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October 21, 2018, 04:53:55 AM
#44
Strictly saying we are not early adoptes any more, those times are gone if we compare with users that adopted Bitcoin when it first appeared.
But if you look from the other angle and see that Bitcoin is still very young and not present and used so long and that the future of cryptocurrencies is yet to come then we could say we are kind of early adopters.
Also Bitcoin and blockchain as a technology still have space for further development and improvements so from that point of view this is still early stage.
full member
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October 21, 2018, 04:16:53 AM
#43
I'm glad to know your opinions about that...


Try to image 10 years from now...It will be comparable with 2009 "early adopters"?
It's been 9 years since the bitcoin came into existence in the financial system of globe with peculiar technology name Blockchain.With this amount of time,you can't say that it is new to the world.The feeling of early adopters is due to the amount of people that are into bitcoin but i think everyone should judge this by the amount of people knowing about bitcoin and the number increases drastically.People are not involving in bitcoin or crypto is due the political issues and the feeling of loosing money and if that gets improved you will see many people comming together in crypto.
full member
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October 21, 2018, 02:59:11 AM
#42
I only think if bitcoin will be used by everyone in the world in the future, or at least they know about bitcoin and its functions. Technological developments and changes in human attitudes in their daily lives will be different from today, and surely in the future human life will not be separated from technology.

As a bitcoin payment system has become an alternative tool today, I have a little story and this fact happens. I have a family who lives in another country and he wants to send money to my bank account, but can you guess what happens? It took me two days to get the money and arrived at my bank account. That is an annoying thing, bitcoin should be able to mediate it.
legendary
Activity: 3542
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October 21, 2018, 02:33:45 AM
#41
Nah, I think we are past that point now. Do you think you are a early adopter, when you bought stocks in Facebook or Microsoft after 10 years ? The spike in 2017 was the event that spearheaded Bitcoin's awareness with the general public and most people entered the scene or they made the decision not to buy.

My definition of a early investor is a person that bought a stock or bitcoins, when it was still relatively unknown to the general public and also very cheap.  Roll Eyes
member
Activity: 392
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October 21, 2018, 02:15:22 AM
#40
Bitcoin has the capacity to rise in price as time goes on, so I believe that even the people who are buying bitcoin presently will still be referred to as early adopters in years to come. Same way we are making reference to year 2009 today is same way people will refer to 2018 in future.
legendary
Activity: 1946
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October 21, 2018, 12:54:20 AM
#39
in truth, it all boils down to semantics. different folks will have different ideas about what "early adopter" means. i would certainly say we're still in the "early adopter" phase. even though most people have heard of bitcoin by now, very few people have actually bought or used it.

Try to image 10 years from now...It will be comparable with 2009 "early adopters"?

comparing to 2009 is a stretch IMO. i think that BTC will be worth millions of dollars apiece someday. but the rise from here to $1MM is tiny compared to the rise from $0 to $6000 in terms of percentage growth.

what you say is more like being on the ground floor which was 2009 and price of practically $0. and now we are still early adopters because bitcoin is not yet at that final mass adopted stage where we can say the adoption rate will now slow down drastically and with it the price rises. we are far from that actually which makes us still early adopters.

another thing that i would like to point out here is the risk of being an early adopter. people nowadays only focus on the profit they have made without looking at the risk. someone who spent time mining bitcoin in 2009 or bought bitcoin with real money later one when it was worth something like $0.01 was taking a huge risk compared to someone who is buying bitcoin now that it is an established currency at $6000
member
Activity: 364
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October 21, 2018, 12:32:49 AM
#38
If we are talking about Bitcoin in seperate way to the cryptocurrency I will consider that we are not early adopters because early adopters before can get bitcoin easily for free unlike now even you spent a year or decade you cannot get 1 bitcoin for free.

But if we will talk about cryptocurrency in general I can consider that we are still early adopters because there are lots of projects that hasnt been made that will give us the chance to get a coin with a cheap price and wait for that project to boom in the market.
newbie
Activity: 19
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October 20, 2018, 09:36:10 PM
#37
Considering the depth and the potential of the Crypto system, we are still the "Early Adopters", even though it has been more than 9 years that the Bitcoin is in the market. It is still not recognized by the majority of people on earth as a currency and it has to go a long way to achieve that.
member
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October 20, 2018, 07:04:14 PM
#36
Very interesting guys! Smiley

And, in your opinion, Bitcoin can be used as worldwide currency in the next 10/15 years?
full member
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October 20, 2018, 05:51:12 PM
#35
I'm glad to know your opinions about that...


Try to image 10 years from now...It will be comparable with 2009 "early adopters"?
We are still early adopter of of bitcoin or cryptocurrency because all of us now is starting and although many people know about Bitcoin/cryptocurreny We can't say that 100% in the world use bitcoin/cryptocurrency so I can say that it's not to late for them because we are on starting line.
jr. member
Activity: 293
Merit: 4
October 20, 2018, 05:41:00 PM
#34
The crypto space has evolved a lot from 2009 to date, but we still av a long way to go. Considering the fact that the rate of adoption isn't really significant, we can safely say we're still the early adopters. I'll refer to those who got in around 2009 as the forerunners. Grin
sr. member
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October 20, 2018, 05:26:22 PM
#33
I'm glad to know your opinions about that...


Try to image 10 years from now...It will be comparable with 2009 "early adopters"?
i am not early adopters, but maybe only adopters. Because i join this business when bitcoin is quite high for me, and it will really affect for crypto community. But i will support bitcoin as long it still exist.
hero member
Activity: 994
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October 20, 2018, 05:14:33 PM
#32
I think so, particularly in terms of the relativity of the crypto space market and how much more gigantic this could get, considering that this technology is really going to take off.
hero member
Activity: 1470
Merit: 509
October 20, 2018, 04:59:15 PM
#31
I'm glad to know your opinions about that...


Try to image 10 years from now...It will be comparable with 2009 "early adopters"?

Today we can use Bitcoin as a payment method in few places where are not important places. Most of the money depositors do it for earning some USD and the only goal is paper money. If Bitcoin could not be measured with paper money, it wouldn't be as thematic today. Apart from making money people need to understand that Bitcoin is more valuable than it looks. So my opinion is that we are still in the early adaptation.
I am aware that so many things was changed, plenty of users, dozens of exchanges. But it's too early and still needs a lot of change.
hero member
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Nothing lasts forever
October 20, 2018, 01:31:20 AM
#30
It's actually hard right now to be considered as an early adopter because it has already been almost 10 years now since the release of the bitcoin network.
The price also has been raised so much since the beginning of 2009. It depends on the time and price of the bitcoin now. If bitcoin survives in the long run then we will be considered as an early adopter.
If the price of bitcoin raises more than it is right now then we will be considered as early adopters.
full member
Activity: 616
Merit: 100
October 20, 2018, 12:21:18 AM
#29
If compared to 10 years to come, I think the price of bitcoin is already very high. Because from year to year many people know and hold on to bitcoin. It could be that the price of bitcoin will be very expensive in the future.
full member
Activity: 479
Merit: 105
October 19, 2018, 11:22:07 PM
#28
I'm glad to know your opinions about that...


Try to image 10 years from now...It will be comparable with 2009 "early adopters"?
I think we are still early adopters. Bitcoin is still not recognized by people as a real money. So we still have a lot of BTC savings until it gets people. And become legal in other countries and demand is increasing.
I think so because before many people get to know about crypto currency existence I am able to earn from it. It is still early because it is not widely uses before but now it can use even we pay on offline stores. The price is lower now which gives opportunity to everyone to buy huge volume to hold and get profit when the price recover. The number of users and demand is increasing, hope that helps to improve the price in the market.
jr. member
Activity: 87
Merit: 1
Translator
October 19, 2018, 10:52:15 PM
#27
I believe yes since crypto still isnt widely used all over the world. Some people doesnt even have a clue what crypto currencies are. Crypto still has more to offer and will bring more in the future.
newbie
Activity: 68
Merit: 0
October 19, 2018, 10:29:42 PM
#26
The fact that only few people in the world knows about and uses cryptocurrencies prove that we are still in its early stage. When is this going to change? We never know. Maybe the crypto world will expand in 5 years, maybe it will take a decade. Who knows.
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