Topic: Are we still "Early Adopters"? - page 14. (Read 2614 times)
Bitcoin mass adoption still not happen in most country in the world. I am believe we still can call us as early adopters. Bitcoin early adopter when bitcoin come out at 2009, right now must be enjoying their self and must be already rich.
Well it depends on what the op means by 'early ' because mining is already extremely difficult and so anybody wishing to mine bitcoin is already late. Investors on the other hand could be classified in between early and latecomers whereas mass adoption is still in the early phase.
I wouldn’t say that we are called early adopters because even with mining, the difficulty rate is so extreme that coupled with power usages it’s barely profitable but there is a way we can be called early adopters that’s if Bitcoins reaches $1,000,000. 
I'm glad to know your opinions about that...
Try to image 10 years from now...It will be comparable with 2009 "early adopters"?
yes we are, only few people in the world knows cryptocurrencies and blockchain i mean some know it by tje name only but they dont understand it they just heard it like if i ask my friends about it they dont know anything on it, only on or 2 % of thw world population understand it, so its a long way to go,. for us Try to image 10 years from now...It will be comparable with 2009 "early adopters"?
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.
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.
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.
Well it depends on what the op means by 'early ' because mining is already extremely difficult and so anybody wishing to mine bitcoin is already late. Investors on the other hand could be classified in between early and latecomers whereas mass adoption is still in the early phase.
I can understand people thinking they have missed the boat because of the
amount of coins mined but i would agree that we are still at the early stage
of adoption. We have to remember there is a limit to the amount of coins
available and in the future they will be more difficult to aquire.
amount of coins mined but i would agree that we are still at the early stage
of adoption. We have to remember there is a limit to the amount of coins
available and in the future they will be more difficult to aquire.
I'm glad to know your opinions about that...
Try to image 10 years from now...It will be comparable with 2009 "early adopters"?
Its hard to compare it the adopter on 2009 is much wealthy right now that the incoming adopter they have more advantages because they already experienced all the fluctuation of bitcoin value and they already know hthe trend of the of this currency. Try to image 10 years from now...It will be comparable with 2009 "early adopters"?
I still see that we are early adopters up until now. Though there's no basis on how long you have to be here just to say that you can be an early adopter but at least we're still part of it. Bitcoin is still young and not everyone knew it already, we're part of those people that have heard it earlier and the number's just increasing yearly so consider ourselves as one. While others have heard about it, you can't be sure if they really hold bitcoin but if you do have it, count yourself.
I believe that in the coming 10 years, cryptocurrency will surely be a success wherein mass adaptation will be multiplied and business sectors will be adapting the blockchain technology which is the contributing factor to it's success.
Cryptocurrency (or Bitcoin) mass adoption and business sectors using blockchain technology are two different things.
There is greater certainty that business sectors will adopt blockchain technology for all sorts of purposes than for the mass adoption of cryptocurrency as a currency that could replace fiat.
Yes, I agree with the subject wherein I would consider that all people in this forum were still considered as the early adopter's of cryptocurrency technology since not all people knew about this technology. Though, btc had started 10 years ago but it was the time where the technology to kick off while in the current situation, it had started to spread throughout the globe and people in different countries had just started to participate. I believe that in the coming 10 years, cryptocurrency will surely be a success wherein mass adaptation will be multiplied and business sectors will be adapting the blockchain technology which is the contributing factor to it's success.
YES! Definitely!
First, we know that bitcoin or cryptocurrency hasn't reached anything close to maturity of adoption and acceptance. But that begs the question, after ten years should we have reached that level of adoption? All we can do is compare this technology innovation with others.
The most similar technology innovation is the internet. The internet (called Arapnet at the time) was invented in 1983 and by 1993 we the technology was known by many but not used by most and certainly not evolved to represent the obvious and irreplaceable use it has in everything we do every waking hour of every single day. Back then it was novel, now it's a necessity to keep the world moving.
I don't know if Bitcoin will ever have that prominence but cryptocurrency definitely has a valuable place in modern economics. And blockchain technology is quietly being spread and investigated within the Corporate world.
First, we know that bitcoin or cryptocurrency hasn't reached anything close to maturity of adoption and acceptance. But that begs the question, after ten years should we have reached that level of adoption? All we can do is compare this technology innovation with others.
The most similar technology innovation is the internet. The internet (called Arapnet at the time) was invented in 1983 and by 1993 we the technology was known by many but not used by most and certainly not evolved to represent the obvious and irreplaceable use it has in everything we do every waking hour of every single day. Back then it was novel, now it's a necessity to keep the world moving.
I don't know if Bitcoin will ever have that prominence but cryptocurrency definitely has a valuable place in modern economics. And blockchain technology is quietly being spread and investigated within the Corporate world.
I'm glad to know your opinions about that...
Try to image 10 years from now...It will be comparable with 2009 "early adopters"?
Try to image 10 years from now...It will be comparable with 2009 "early adopters"?
No, it's not comparable at all. Although we are still at an early stage, it's not the same as in 2009. Now it's much easier to join this ecosystem and bet on its future. Bitcoin is much better known now than ten years ago. Those who got into bitcoin from the beginning did it because they really believed in an idea, not because they saw an article in a newspaper explaining how bitcoin reached $20,000. The real early adopters are them.
Then what would You say for "us" who joined to the community like a year ago?
I wish, I had entered cryptocurrencies market sooner. But I think we are early adopters. Because cryptocurrencies are still new and we don't see they are used for payments. I am sure there will be many progresses and new projects on cryptocurrencies in future. Many efforts will be made to make the cryptocurrencies a tool to be used for daily transactions. So, yes. We are early adopters.
I guess we are, but I wish I was "earlier" adopter.
In my opinion Bitcoin usage will boom when it becomes more user friendly, so illiterate people can use it for example like credit card.
In my opinion Bitcoin usage will boom when it becomes more user friendly, so illiterate people can use it for example like credit card.
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More Than 700+ Coins
Take a glance at the most popular crypto currencies' latest prices in your menu bar
Coin Prices In +30 Currencies
See coins' prices in more than +30 most traded currencies such as Dollar, Pound, Euro and more
Customizable Menu Bar View
Mammon is fully customizable and gives you the ability to manage your preferences
Reminders And Notifications
Target your aim and set up your reminder. Mammon will inform you when the price hits your target
Portfolio
Even if you are interested or invest in different coins, see how much money is in your pocket
https://mammon.app/
I'm glad to know your opinions about that...
Try to image 10 years from now...It will be comparable with 2009 "early adopters"?
Try to image 10 years from now...It will be comparable with 2009 "early adopters"?
No, it's not comparable at all. Although we are still at an early stage, it's not the same as in 2009. Now it's much easier to join this ecosystem and bet on its future. Bitcoin is much better known now than ten years ago. Those who got into bitcoin from the beginning did it because they really believed in an idea, not because they saw an article in a newspaper explaining how bitcoin reached $20,000. The real early adopters are them.
I'm glad to know your opinions about that...
Try to image 10 years from now...It will be comparable with 2009 "early adopters"?
Try to image 10 years from now...It will be comparable with 2009 "early adopters"?
Yes, more or less. If Bitcoin follows the trajectory of other widely adopted technologies -- like televisions and cell phones -- then it's still very early. At most, 5-10% of people in developed countries own cryptocurrency, and the numbers are far lower in undeveloped countries. We still have a long way to go.
I can't tell myself that am part of the "EARLY ADOPTERS" but we can call ourselves the middle men,lol! a decade is too much to be called early.
We are not, we should accept the fact that we are late for almost a decade now.
But still as the market goes down and the price is low now, we got the great deal.
we are now back in time where we can accommodate some coins lower than before.
But still as the market goes down and the price is low now, we got the great deal.
we are now back in time where we can accommodate some coins lower than before.
How can you say that early adopters were those who came a decade ago? Even if you joined you were about to make more than 1000% on your investment. These numbers are restricted only for early adopters. If Bitcoin ever goes past 20000 dollars people will be gaining more than 300%. Try making a similar number on stocks. If you do, you're usually an early adopter.
I believe we still are, considering that regulations and acknowledgment only came rushing 8 years after bitcoin's inception. Also, only those who fully understand the system are taking the risks of accepting and using bitcoin at the moment; the ones who don't are still left behind and there's still a lot in store for them should they accept bitcoin. We'll be moving on to the next phase if more and more merchants started to adopt bitcoin in their services and goods for real, with or without third-party services that instantly converts BTC to USD/fiat.
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