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Topic: How do you define "early adopters"? (Read 3981 times)

hero member
Activity: 602
Merit: 508
December 23, 2015, 02:57:28 AM
To me the early adopters are the people wo were into bitcoin before 2013.
sure we are also early, but most of here went into bitcoin to make loads of money.

I think everyone who went into Bitcoin did it for the only purpose to profit in some way.
newbie
Activity: 28
Merit: 0
December 22, 2015, 10:51:12 PM
People who are now rich because of bitcoin Cheesy
sr. member
Activity: 493
Merit: 250
Live by your own rules
December 22, 2015, 10:47:52 PM
Who is an early adopter in your opinion? How do you define it?
I think, besides satoshi Nakamoto, there was so many early adopter , they can be called early adopter because using bitcoin first, perhaps you could say they've adopted a bitcoin in 2009, the year in which satoshi Nakamoto using bitcoin and may begin to introduce to the public.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
December 22, 2015, 09:58:38 PM
i think we still in the early adopters area because there still a lot of people who don't know what bitcoin is and bitcoin is still not mainstreamed properly so people who will come after the global mainstreaming will be the followers

Probably the next gen of adopters? The real early adopters are now the founders of bitcoin companies and are filthy rich.
full member
Activity: 140
Merit: 100
December 22, 2015, 04:10:25 PM
#99
i think we still in the early adopters area because there still a lot of people who don't know what bitcoin is and bitcoin is still not mainstreamed properly so people who will come after the global mainstreaming will be the followers
hero member
Activity: 616
Merit: 500
December 22, 2015, 03:59:45 PM
#98
To me the early adopters are the people wo were into bitcoin before 2013.
sure we are also early, but most of here went into bitcoin to make loads of money.
full member
Activity: 156
Merit: 100
If this is life , then I prefer death !
December 22, 2015, 03:52:40 PM
#97
I disagree greatly with the idea that we are all early adopters, I personally think it stopped being early adopter space when the price passed 100. Early adopters get rich and in all likeliness very few of us, unless you are holding a decent chunk will become millionaires. The people who pump and call for a million dollar bitcoin havent done the math on what actually needs to happen for that to take place. a 50k bitcoin, possible, but 1m is near impossible.
sr. member
Activity: 434
Merit: 250
★Bitvest.io★ Play Plinko or Invest!
December 13, 2015, 02:24:09 PM
#96
Gotta go with anyone who was pre MT gox! if you had an account there (I did yikes lol)
and did mining with your video card.

Also if you were in a BFL pre order for a jalepeno and waited a year hehe
staff
Activity: 3500
Merit: 6152
December 13, 2015, 02:23:26 PM
#95
Who is an early adopter in your opinion? How do you define it?

Definition of "early adopters" will change over the years and I guess it will change with the value of bitcoin changing .
For us the early adopters are the people who knew bitcoin at the start and was mining using their normal PC's or getting bitcoins from faucets (which now worth so much) , for those early adopters ... we are late adopters .
but for the next adopters ... we will be like the early adopters for them while they will be the late adopters . It's all about the price if you ask me.
legendary
Activity: 1512
Merit: 1011
December 13, 2015, 02:20:37 PM
#94
I consider early adopters to be 2009-2010 bitcoin users and those who acquired it before the bubble popped. Without a doubt, the implementation of bitcoin will be tedious and a long path but it shall slowly and surely be acquired.  Cheesy

Those early adopters had a great vision because they invested in Bitcoin before its rise keeping in mind that it would either rise or become worthless still they took the risk and invested their money into Bitcoin and it worked out so I would define the early adopters as Masters.
donator
Activity: 1617
Merit: 1012
December 13, 2015, 01:57:30 PM
#93
People who solo mined 50 BTC blocks using their full node in gen=1 mode.
full member
Activity: 158
Merit: 100
December 13, 2015, 01:01:45 PM
#92
Who is an early adopter in your opinion? How do you define it?

Consider Everett Rogers' model of diffusion of innovation:



Roughly the first 16% of users would be considered early adopters or innovators.  Based on the number of wallets/transactions, this means anyone who adopted by Q1 2013.
legendary
Activity: 2520
Merit: 1113
December 13, 2015, 09:06:54 AM
#91
i think they are the first believers of bitcoin, they had faith when bitcoin is falling and still stay to support it.
so i commend them from theyre faith in bitcoin.
legendary
Activity: 3248
Merit: 1070
December 13, 2015, 04:37:01 AM
#90
Anybody who bought Bitcoin less than 100$ is early adopter to me. It doesn't matter what year he bought.

Anybody who bought Bitcoin for less than $20 (and held on) is a very early adopter/true believer.
You can say everyone is still early right now, to some degree.

so those that bought at 21 are not early adopters?  Grin

i think it's better to assess those early adopter by the amount they had at those time

everyone with a big stash of coins in the early stage, is an early adopter
hero member
Activity: 1148
Merit: 527
December 13, 2015, 01:47:27 AM
#89
People who were able to mine with their CPU can be considered as early adopters. Further more, we can add some more period to this consideration, GPU period but before ASIC.
Those who mined or bought bitcoins when the CPU/GPU mining was profitable, may be considered as early adopters.
hero member
Activity: 588
Merit: 500
December 13, 2015, 01:14:03 AM
#88
I consider early adopters to be 2009-2010 bitcoin users and those who acquired it before the bubble popped. Without a doubt, the implementation of bitcoin will be tedious and a long path but it shall slowly and surely be acquired.  Cheesy
sr. member
Activity: 358
Merit: 250
December 13, 2015, 12:53:05 AM
#87
from my experiences with bitcoin, in the future i'd see early adopters as those who can sit down and talk about the madness of the scene when we only had Mt.Gox, so literally everyone was trading on one platform, it was fun because everyone was on the same page and all the action happened in one place.

I'll never forget the day the lag came in and we plummeted from the all time high to about $55, no long bear market just pure carnage in a matter of hours, orders not being placed, people placing sells at one price and it finally going through when the price was 1/3 of when they sold, real blood in the streets and everyone going nuts. Then trading was halted and we all had to wait for it to restart, battle lines were drawn, the buyers vs the sellers. I'll never forget the action of those 24-48hrs.

For me that was the early adopter scene, we basically had gox + silk road and that was it. It was like being able to talk about the amateur scene before btc grew up, it was raw and a lot of fun. Once bitstamp emerged and then other exchanges things got more spread out and that intensity i havent seen again since.

That will be my memory of early adopter btc that i'd sit down and talk about with someone whilst having a beer and thinking what a crazy time it was.
sr. member
Activity: 274
Merit: 250
Negative rating was requested by me (SFR10)
December 13, 2015, 12:45:23 AM
#86
For me, I consider 2009 - 2011 the early adopters therefor I'm also one of them ... I still remember that we were much active on facebook groups, talking about how to do mining with GPU's (multiple)... Post our rigs there were in was purely tweaked computer rigs (not much asics then)... Faucets were much fun then in comparison to now.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
December 12, 2015, 11:44:08 PM
#85
Early adopters were the people who mined BTC with their home computers, when it was possible. So that was before the arms race began with the invention of Asic computers and guys creating BTC farms in China. Before 2012?

I jumped in in early 2013, so I'm not an early adopter.

The arms race began long before there were Asics. Going from cpu-mining to multi cpu-rigs to the first humble gpu-miners to multi-gpu rigs to industrial style gpu-farms. The arms race was at least already full on in q1 of 2011. Apart from the definition I'd say early adopters all the way to end 2012.

You're probably right, but I remember that nearly 3 years ago, on this board, there were several guys, individuals, explaining that they had mined their own coins. So I tried, leaving my computer running for 3 days, something I had never done before. Sadly, it was already too late to join the party as an amateur. I went back to switch off the computer when I'm not using it.

Cpu mining was around up until the end of 2011 before gpu mining took over thr scene. I still remember how many dudes on this forum posted their balances and explained how they obtained such an amount (even remember that guy who owns 300k+ of bitcoins). Only if I dug deeper back then, I would probably be an epic early adopter by now.
legendary
Activity: 1022
Merit: 1003
𝓗𝓞𝓓𝓛
December 12, 2015, 10:11:40 PM
#84
For me, Early Adopters is the people who used Bitcoin before the price rocketed up to $1000. Surely they strongly believe in Bitcoin, because that time Bitcoin was not even worth more than 1 dollar.
I'm proud of y'all Early Adopters Smiley
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