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Topic: Are we still "Early Adopters"? - page 7. (Read 2614 times)

newbie
Activity: 23
Merit: 0
October 28, 2018, 01:54:34 PM
Yes we are early adopters of bitcoin and we feel proud for it
newbie
Activity: 49
Merit: 0
October 28, 2018, 01:17:29 PM
A good number of people already know about bitcoin, but the total percentage of people using/owning bitcoin worldwide is still very small I don't have the numbers to back this up, but I'm quite sure about this). We are early adopters, assuming that bitcoin will be successful in the end. Always take note of that- even though I'm extremely bullish on bitcoin and cryptocurrencies in general, the chance of these succeeding is not 100%. That's why it's always advised to speculate or 'invest' wisely.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
October 28, 2018, 12:55:13 PM
You are still considered as an early adopter even if you join today because the adoption stage today wasn't even reach 25% of the total population in the world. Even if you survey your friends and people you know, you will realize that we are still far.
We have not even reached 1% and I have my doubts we have even reached 0.1% of the human population and when you see those numbers and the huge potential of bitcoin then it is no odd to think of us also as early investors, what it happens is that the level of adoption we are expecting has not happened yet but there are high chances it will eventually happen.
hero member
Activity: 1120
Merit: 554
October 28, 2018, 12:54:37 PM
Yes, we are still in the early adoption stage.  The total marketcap of al cryptocurrency is only 200 billion dollars.  That is stupidly small compared to how much fiat currency their currently is.  There is over 10 trillion USD in circulation alone.  The crypto market will grow over 10 fold and reach a marketcap in the trillions.   The best time to buy is always yesterday but people are still hesitant to jump in.
hero member
Activity: 1666
Merit: 565
October 28, 2018, 11:22:25 AM
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.

it's not only a matter of price.
We are early adopter simply because bitcoin there are still few people that have bitcoin.

When, in 10 years, blockchain will have mass adoption, you will realize how much we are early adopter even in 2018.
member
Activity: 476
Merit: 12
October 28, 2018, 11:03:41 AM
Opportunity comes but once, no matter the amount anyone invest now it can not be compare to those that bought bitcoin 9 years ago. This is a lesson to those that are still living in doubt over the efficacy of bitcoin.
sr. member
Activity: 647
Merit: 255
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October 28, 2018, 10:44:10 AM
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 those people who started with a bitcoin in 2009 are early adopters. The later generation of the bitcoin traders and miners became mainstream. Nowadays even teenagers now what is bitcoin. Everybody wants to try it.
full member
Activity: 1050
Merit: 100
October 28, 2018, 10:29:59 AM
I'm glad to know your opinions about that...

Try to image 10 years from now...It will be comparable with 2009 "early adopters"?
Imagination will be correct or wrong you could not understand from now. 2009 was starting time when bitcoin popular and price growing super speed.
I didn't think it will comparable in 2009, this is past so this moment will not coming after 10 years if i imagine now.

i think if bitcoin can overcome obstacles to its development, it will be bigger in the next 10 years. of course that is what we hope for. but indeed within a period of 10 years, it has not been able to replace the fiat currency
full member
Activity: 471
Merit: 100
October 28, 2018, 10:15:25 AM
I'm glad to know your opinions about that...

Try to image 10 years from now...It will be comparable with 2009 "early adopters"?
Imagination will be correct or wrong you could not understand from now. 2009 was starting time when bitcoin popular and price growing super speed.
I didn't think it will comparable in 2009, this is past so this moment will not coming after 10 years if i imagine now.
sr. member
Activity: 756
Merit: 250
October 28, 2018, 09:54:02 AM
Do you mean that bitcoin in the next 10 years will be cheaper compared to current prices? Will bitcoin last for another 10 years ... Only time can answer it.
member
Activity: 546
Merit: 11
October 28, 2018, 09:44:11 AM
I don't think we can be classified as the early adopters of Bitcoin but those who accepted Bitcoin in the beginning (2009) when it was introduced can be called the early adopters. Even though more people are now learning about crypto, there is still a long way to go.
full member
Activity: 490
Merit: 100
October 28, 2018, 09:05:13 AM
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 agree, strange growth. On the account and strongly - probably unlikely. Personally, I'm more inclined to forecast a rollback to 1500. At least that seems like a more realistic price to pay today.
sr. member
Activity: 1022
Merit: 264
October 28, 2018, 09:04:01 AM
Definitely early Adopters . The ones who will be not are the ones who will join crypto when it will have like trillions of marketcap , if that will happen ever =D The ones that joined lets say 2008-2010 , most of them already probably sold on 10-100$ range and then entered again around 200-1000$ range . I dont believe there is alot of people who still hold it from 2008 =D
sr. member
Activity: 1056
Merit: 251
October 28, 2018, 08:59:46 AM
I'm glad to know your opinions about that...


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

Quite possible. We are the ones who use the cryptocurrency and digital money on a very antiquated level. In fact, we are like cavemen for those who will use cryptocurrency in 10-20 years. It will be a completely different level, with different speeds and commissions. Would rather have it the future is now! I think Fiat money will go into the past in 5-6 years is very likely.
full member
Activity: 616
Merit: 100
October 28, 2018, 08:29:31 AM
we are in the era we use bitcoin at the beginning and i think we still be the early adopters, like until next 5 years and more, and i think it will change after we can use bitcoin for everyday and for daily use
sr. member
Activity: 568
Merit: 254
October 28, 2018, 08:20:49 AM
You are still considered as an early adopter even if you join today because the adoption stage today wasn't even reach 25% of the total population in the world. Even if you survey your friends and people you know, you will realize that we are still far.
full member
Activity: 602
Merit: 107
October 27, 2018, 11:12:04 AM
Blockchain technology is still at its very beginning, we are still to develop real-world applications on the blockchain. I'm curious how the blockchain adoption will affect the use of Bitcoin and its price.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
October 27, 2018, 11:11:11 AM
I'm glad to know your opinions about that...


Try to image 10 years from now...It will be comparable with 2009 "early adopters"?
Definitely, many seem to think of the early adopters as those that got in bitcoin very early when the community was incredibly small, but even now the community is still very small with only a couple of million bitcoin users, if bitcoin reaches the adoption we are looking for it is possible we are going to be smaller than 1% of the total users of bitcoin and that means we will be early adopters.
hero member
Activity: 1232
Merit: 738
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October 27, 2018, 09:29:40 AM
I'm not sure what criterias we should use to define "Early Adopters"
but I think anyone who makes his first bitcoin transaction this year cannot be called early adopter anymore
as of today we have mined roughly 17.3 M BTC, that's 82% of maximum 21 M BTC
IMO, the end of 50 BTC block reward on Nov 28, 2012 should be regarded as the end of early adopter days
this first era of block reward has mined 10.5 M BTC, exactly 50% of total supply
hero member
Activity: 1190
Merit: 500
October 27, 2018, 02:18:17 AM
Yes. In fact, we can still be "Early Adopters".
The Bitcoin community has grown a lot since 2008. If the trend continues, we are undoubtedly the pioneers.
Because there is no definitive formula that explains in detail who is an early adopter, but as long as the price of bitcoin has not reached
a very high price, and the total bitcon users are still small, and the age is not old, we think we are still early adopters..
Exactly. There's no specific formula to describe an early adopter. But I'm guessing that the number of users and the price constantly grow decade after decade, going through developments like mass adoption, standard usage, etc.
Yeah you are free to say like that because the statements and assumptions of people are different and no one forbids it.
that means I'm still an early adopter because I joined in the first decade at the age of bitcoin..
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