How do you define Bitcoin early/mid/late adopters?

byt411

hero member

Activity: 798

Merit: 1000

Quote from: dogechode on April 17, 2014, 11:25:24 AM

Quote from: byt411 on April 17, 2014, 10:22:47 AM

Quote from: dogechode on April 17, 2014, 10:18:05 AM

This is a circular argument. Okay so what do you call people who start using the internet for the first time now, late late late adopters? Come on you guys are just being ridiculous and spiteful.

I think there needs to be at least some differentiating between people who started using bitcoin back before the average person had even heard of bitcoin. A few years ago if you asked 100 random people what bitcoin was, most would have told you they had no idea whatsoever. Now just about everyone I talk to has at least heard of it and many know a few basic things about it.

I cannot answer the question because it's not even worded correctly. Be specific. What period of time are you indicating for the ones that "started using the internet"?

They would be considered early adopters, I suppose.

Reading comprehension? I said now. Didn't think that was a confusing term. If you can't understand a few simple sentences maybe you shouldn't be trying to make an argument here.

Sorry about that. Didn't read it correctly.
I would simply call them newbies.

Flashman

hero member

Activity: 518

Merit: 500

Hodl!

For the Internet, I'd say it went something like

pre-'94 innovators,
94-98 early adopters
98-2002 early majority
2002-2006 late majority
2006+ laggards.

Found this...
http://blogs.computerworld.com/sites/computerworld.com/files/u193/internet_adoption.jpg

Which makes me look closeish.

Agree with this and think his adoption lifecycle graphic is about right...
http://bitcorati.com/2014/03/23/bitcoin-tipping-point-mass-adoption/

Early majority will happen when you don't have to come here to find out where to buy bitcoin. Back in late 90s, maybe there'd be articles in PC magazines about "how to get online", and AOL CDs coming in the junk mail, before that, you first had to be aware of the internet, then research options to get online.

Anyway, when you see Cosmo with "Shop online with Bitcoin" on the cover, you'll know we're in mid majority phase.

dogechode

full member

Activity: 182

Merit: 100

Quote from: byt411 on April 17, 2014, 10:22:47 AM

Quote from: dogechode on April 17, 2014, 10:18:05 AM

This is a circular argument. Okay so what do you call people who start using the internet for the first time now, late late late adopters? Come on you guys are just being ridiculous and spiteful.

I think there needs to be at least some differentiating between people who started using bitcoin back before the average person had even heard of bitcoin. A few years ago if you asked 100 random people what bitcoin was, most would have told you they had no idea whatsoever. Now just about everyone I talk to has at least heard of it and many know a few basic things about it.

I cannot answer the question because it's not even worded correctly. Be specific. What period of time are you indicating for the ones that "started using the internet"?

They would be considered early adopters, I suppose.

Reading comprehension? I said now. Didn't think that was a confusing term. If you can't understand a few simple sentences maybe you shouldn't be trying to make an argument here.

master-P

hero member

Activity: 868

Merit: 1001

https://keybase.io/masterp FREE Escrow Service

Quote from: byt411 on April 16, 2014, 08:54:26 PM

Quote from: dogechode on April 16, 2014, 08:53:41 PM

To me early adopters = got in before GPUs and ASICs. Mid = Got in during GPU era. Late = Got in after asics came out and dominated mining.

And the ones that get in in a few years time when Bitcoin has reached mass adoption? What are they?

There's no guarantees that bitcoin is going to reach x amount of dollars or mass adoption. If bitcoin never rises above the current ATH then people buying recently are late adopters. If it does then I guess we could call the first generation of adopters 'pioneers', anyone buying under $1000 an 'early' adopter, and others can be the 'late-comers' Cheesy

byt411

hero member

Activity: 798

Merit: 1000

Quote from: dogechode on April 17, 2014, 10:18:05 AM

This is a circular argument. Okay so what do you call people who start using the internet for the first time now, late late late adopters? Come on you guys are just being ridiculous and spiteful.

I think there needs to be at least some differentiating between people who started using bitcoin back before the average person had even heard of bitcoin. A few years ago if you asked 100 random people what bitcoin was, most would have told you they had no idea whatsoever. Now just about everyone I talk to has at least heard of it and many know a few basic things about it.

I cannot answer the question because it's not even worded correctly. Be specific. What period of time are you indicating for the ones that "started using the internet"?

They would be considered early adopters, I suppose.

dogechode

full member

Activity: 182

Merit: 100

This is a circular argument. Okay so what do you call people who start using the internet for the first time now, late late late adopters? Come on you guys are just being ridiculous and spiteful.

I think there needs to be at least some differentiating between people who started using bitcoin back before the average person had even heard of bitcoin. A few years ago if you asked 100 random people what bitcoin was, most would have told you they had no idea whatsoever. Now just about everyone I talk to has at least heard of it and many know a few basic things about it.

giantblckdld

newbie

Activity: 31

Merit: 0

Quote from: dogechode on April 16, 2014, 08:53:41 PM

To me early adopters = got in before GPUs and ASICs. Mid = Got in during GPU era. Late = Got in after asics came out and dominated mining.

lol, so in 5 years you'll be a late late late late late late adopter ?
In 20 years you'll be a late late late late late late late late late late late late late late late late late late late late late adopter ?

Everyone is an early adopter right now and for some time. That's it.

byt411

hero member

Activity: 798

Merit: 1000

Quote from: dogechode on April 17, 2014, 09:41:55 AM

I can't believe people are seriously arguing that we are still in the early adopter phase - what?? Someone who starts using a technology 5 years after it comes out is an "early adopter" ? Wtf do you call the first people who started mining with CPUs then? Prehistoric adopters?

Ok. Arguing without a point again.

Quote from: byt411 on April 16, 2014, 08:54:26 PM

Quote from: dogechode on April 16, 2014, 08:53:41 PM

To me early adopters = got in before GPUs and ASICs. Mid = Got in during GPU era. Late = Got in after asics came out and dominated mining.

And the ones that get in in a few years time when Bitcoin has reached mass adoption? What are they?

dogechode

full member

Activity: 182

Merit: 100

I can't believe people are seriously arguing that we are still in the early adopter phase - what?? Someone who starts using a technology 5 years after it comes out is an "early adopter" ? Wtf do you call the first people who started mining with CPUs then? Prehistoric adopters?

apsvinet

full member

Activity: 224

Merit: 101

Quote from: maurya78 on April 17, 2014, 03:42:01 AM

We are still in the early innovator phase

Definitely, bitcoin is sooo far from becoming a mainstream phenomenon. Until it is, we're still in the earliest stage of it.

maurya78

hero member

Activity: 490

Merit: 500

We are still in the early innovator phase

Swordsoffreedom

legendary

Activity: 2758

Merit: 1115

Leading Crypto Sports Betting & Casino Platform

Well I see the utility in digital currencies and this is the largest community, hopefully we will be able to see the future as we are already here now and be ready for the shift if we do move beyond Bitcoin to another currency.

Bonam

sr. member

Activity: 420

Merit: 250

Everyone that has bitcoins now is still an early adopter. They are far from widespread in use or as widely adopted as they could be. Of course, it's also possible that bitcoins never become widely used, in which case being an early adopted doesn't do you any good.

counter

hero member

Activity: 798

Merit: 500

Time is on our side, yes it is!

I define Bitcoin as an opportunity to control you own funds for your own peace of mind.

apsvinet

full member

Activity: 224

Merit: 101

Quote from: byt411 on April 16, 2014, 08:54:26 PM

Quote from: dogechode on April 16, 2014, 08:53:41 PM

To me early adopters = got in before GPUs and ASICs. Mid = Got in during GPU era. Late = Got in after asics came out and dominated mining.

And the ones that get in in a few years time when Bitcoin has reached mass adoption? What are they?

Erhm, überlate-snail-adopters, obviously.

byt411

hero member

Activity: 798

Merit: 1000

Quote from: dogechode on April 16, 2014, 08:53:41 PM

To me early adopters = got in before GPUs and ASICs. Mid = Got in during GPU era. Late = Got in after asics came out and dominated mining.

And the ones that get in in a few years time when Bitcoin has reached mass adoption? What are they?

dogechode

full member

Activity: 182

Merit: 100

To me early adopters = got in before GPUs and ASICs. Mid = Got in during GPU era. Late = Got in after asics came out and dominated mining.

apsvinet

full member

Activity: 224

Merit: 101

Quote from: byt411 on April 16, 2014, 08:07:30 PM

Quote from: apsvinet on April 16, 2014, 08:03:57 PM

People tend to think they're not part of the early adopters just because they missed the time where a btc wasn't worth a dollar.

Yeah. But they're wrong, they joined before btc has reached $100,000 anyway.

Hahaha, true, true. Lots of people will though.

freedomno1

legendary

Activity: 1806

Merit: 1090

Learning the troll avoidance button :)

Quote from: DannyHamilton on April 15, 2014, 07:46:39 PM

Anybody who is currently involved in bitcoin is an early adopter. We have not yet reached the stage of mid-adopters.

How can we have mid-adopters when the bitcoin software is still in beta release, and is still considered experimental?

I guess I can agree with this although we can subdivide the early adopters to years or developer levels
Although when we hit bitcoin qt 1.0 then can we say its starting lol kind of wondering when we can finally say we moved the s curve a bit.

byt411

hero member

Activity: 798

Merit: 1000

Quote from: apsvinet on April 16, 2014, 08:03:57 PM

People tend to think they're not part of the early adopters just because they missed the time where a btc wasn't worth a dollar.

Yeah. But they're wrong, they joined before btc has reached $100,000 anyway.

Topic: How do you define Bitcoin early/mid/late adopters? (Read 1430 times)