How do you define "early adopters"? - page 2.

Bit_Happy

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Quote from: redhack on December 11, 2015, 07:34:35 PM

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.

countryfree

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Quote from: disclaimer201 on December 12, 2015, 11:29:14 AM

Quote from: countryfree on December 11, 2015, 07:59:51 PM

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.

lolgato

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When you bought btc for less than 1$ for one you are pretty early for me. Grin

ShrykeZ

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The people who remember the home of Bitcoin being at sourceforge. Cheesy

QuestionAuthority

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I define it as someone that gave all their btc to pirate, Zhou Tong or an ASIC preorder company and no longer visits this forum. lol

Erkallys

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For me anyone that was in the Bitcoin world when Satoshi was still around is considered as an early adopter. So from the begging to December 12th of 2010. This is still also possible to consider 2011 members as early adopters.

AndySt

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Quote from: Hazir on December 12, 2015, 06:20:44 PM

We first need to understand couple facts. Bitcoin history is not long. Therefore, in the future WE as well might be called early adopters as well.
However from our point in time early adopters are people who knew about bitcoin in its earliest years when bitcoin value were non existent or very low.

Also agree. It's only the beginning. History is written on our eyes, our actions or inaction. We all are early adopters.

the_poet

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Late adopters will be the people embracing Bitcoin when you have everyday ladies chitchatting about it at the local grocery (which will accept Bitcoin as well).

Hazir

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We first need to understand couple facts. Bitcoin history is not long. Therefore, in the future WE as well might be called early adopters as well.
However from our point in time early adopters are people who knew about bitcoin in its earliest years when bitcoin value were non existent or very low.

dothebeats

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We are still considered as early adopters considering that the version of core is still at 0.1xx. Grin

But seriously, we are still early adopters given that there are still plenty of room for growth and development on the bitcoin ecosystem. We could still establish our own prints on this community before it goes mainstream. Too many businesses and other things are still lacking; we can still fill that spot if ever we wanted to.

HarryKPeters

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Early should be the people who bought bitcoins and traded them before the breakout in 2013.
Everyone who bought it after that are mostly wannabe's (like me) who wanted to earn a lot of money Wink

Frost

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Quote from: EdenHazard on December 12, 2015, 05:29:27 PM

Quote from: Frost on December 11, 2015, 07:19:07 PM

Who is an early adopter in your opinion? How do you define it?

i think the early adopters of bitcoin is satohi nakamoto and friends,or maybe her family also early dopter Grin

Yes, the very-early-adopters Grin

EdenHazard

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Quote from: Frost on December 11, 2015, 07:19:07 PM

Who is an early adopter in your opinion? How do you define it?

i think the early adopters of bitcoin is satohi nakamoto and friends,or maybe her family also early dopter Grin

redhack

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Quote from: KenR on December 11, 2015, 07:53:24 PM

This is a currency. You never know what will happen when everyone knows about bitcoin. Gold had the same situation - when people started using it, it was worth very, very much.
Lets hope that bitcoin will someday be priceless

It's a currency but early adopter means someone who has advantage over others to bought first. Your logic doesn't make any sense. People who bought at 1000$ are not early adopters. Early adoption phase is already finished in 2012.

1Referee

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Quote from: lixer on December 12, 2015, 04:31:25 AM

Quote from: 1Referee on December 12, 2015, 04:17:07 AM

Quote from: Minecache on December 11, 2015, 07:30:25 PM

2009-2012. Early adopters
2013-present. Late adopters.

2009-2012. Very early adopter.
2013-2015. Early adopter.
2016-2020. Reasonably early adopter.
2021-2030. Good moment to step in for institutional entities.
2031-2040. Good moment to sell a good part of your coins, and enjoy your life as multi millionare.

I'm glad that I'm into early adoption period.
But as per these phase calculations, to become multi millionaire I need to wait till 2031. Bitter truth. But I already knew that bitcoin is not the "become rich in quick" kind of program.

Building up a very high price for Bitcoin takes several decades. It doesn't happen overnight. You can see it as a huge extra retirement bonus. Grin

thejaytiesto

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Quote from: disclaimer201 on December 12, 2015, 11:29:14 AM

Quote from: countryfree on December 11, 2015, 07:59:51 PM

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.

off-topic: By that time you could have become a litecoin early adopter/miner and would have seen considerable gains much like BTC if you kept your coins. Nowadays, of course the altcoin game is pretty much over. I don't get why they don't switch ltc to sha256, or multi-algo- I'd mine some ltc again just for fun. Guess it's dead.

The guy that did Litecoin is still pretty active in social media and I think gives crypto related lectures, the software itself is rather slow and always lags behind Bitcoin. Its reddit community is still somewhat active. Id say there are still chances that Litecoin may shine again.

disclaimer201

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Quote from: countryfree on December 11, 2015, 07:59:51 PM

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.

off-topic: By that time you could have become a litecoin early adopter/miner and would have seen considerable gains much like BTC if you kept your coins. Nowadays, of course the altcoin game is pretty much over. I don't get why they don't switch ltc to sha256, or multi-algo- I'd mine some ltc again just for fun. Guess it's dead.

AtheistAKASaneBrain

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Quote from: BellaBitBit on December 12, 2015, 08:30:55 AM

2009-2011 = epic early adopters - brilliant innovators and keen sense of the future of the technology
2012-2014 = very early adopters - people with instinct to understand potential and also attracted to price action
2015 = still early adopters - people getting on board from what the believers and innovators built
After Bitcoin goes mainstream = way too late

At the end of the day this is all relative based on the price. If it goes ballistic to 1mill/coin than anyone under 1K is an early adopter.

This is pretty accurate, even tho some people in the early days just got lucky and wanted to buy some weed off the internet or something, bought the coins, then forgot about them and found out later it was an huge thing, but most of the people was dedicated cryptographers, programers etc, and then a few lucky guys that were at the right place doing the right thing (buying cheap as hell BTC).

tiggytomb

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I would say that everyone involved before bitcoin becomes commonplace and used in everyday life is an early adopter.

maokoto

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As of now, early adopters would be the people who managed to get Bitcoin when it was just a curiosity with almost no value. If Bitcoin goes mainstream with mass adoptions, then "early adopters" could be us, who use it when not everybody knew about it.

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