Pages:
Author

Topic: At what price point per BTC will it be too late for the average person - page 5. (Read 2111 times)

hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform
"The average person" is a pretty meaningless term.  A lot of people will never have access to $4000 worth of savings that they can put into BTC all at once.
I'm not interested in owning micro or milli coins.
Why not?  People should buy as much as they're willing to spend in fiat.  The BTC price at the time is irrelevant to how much you're prepared to buy.
Can someone tell me where we are on this chart please?
Depends how you're defining BTC.  As the original vision, a "digital cash system", we're still in the innovator phase, since the vast majority of merchants don't accept BTC and those that do still only have a small amount of their purchases in it.

If you're defining it as a store of value, then probably still in the innovator phase but perhaps bordering on the early adopter phase.

The mistake that people make is thinking that a high market cap is a high number of "ordinary" people investing "ordinary" amounts.  The reality is that there are still whales who hold huge amounts of coins because they bought in earlier, so it's hard to say even roughly how many users there are.
legendary
Activity: 3038
Merit: 1032
RIP Mommy
It'll be too late once 1 satoshi/BTC0.00000001 is worth more than the smallest unit of fiat currency.
AGD
legendary
Activity: 2070
Merit: 1164
Keeper of the Private Key
Thank you. With the S Curve Theory, would you say for those that are IN now, are innovators or early adopters?

Buy in at any point and buy more when it falls. It doesn't matter how you call yourself on the way up.
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
1BTC for each person? I think that's impossible since total human is more than total bitcoin. But if we want to think with graph, i think we're between "Innovators" and "Early Adopters".
newbie
Activity: 39
Merit: 0
Thank you. With the S Curve Theory, would you say for those that are IN now, are innovators or early adopters?
AGD
legendary
Activity: 2070
Merit: 1164
Keeper of the Private Key
Buy 0.1 BTC if you can't afford 1 BTC. I think you will never be too late. You might need to wait a bit longer depending on the buying point, but I would call it a good long term investment.
newbie
Activity: 39
Merit: 0
Hello everyone,

I feel very late to the party with BTC. I have know of it for a couple of years but ignored it. Now I'm super sold and ready to buy my first coin. $4k is huge but not impossible for me. At what price do you feel its too late to own 1 full BTC for the average person?

I'm not interested in owning micro or milli coins.

How much time do we have left until its becomes proper main strain?

Can someone tell me where we are on this chart please?

http://www.valuebasedmanagement.net/images/picture_rogers_adoption_innovation_curve.gif
Pages:
Jump to: