I consider myself an erly-ish adopter.. I started mining BTC with my laptop when difficulty was around 12M or so and remember watching the advent of the ASIC technology destroy the GPU miners.
I heard about BTC around $3 and laughed at it, Started buying them and doing services for them around $100 or so.
BTC has been a hell of a ride so far and I've made some obvious mistakes.. But I think the Future of BTC looks good for the next few years.
Educating people is my way of contirbuting to bitcoin. As well as accepting BTC at my businesses.
Topic: How do you define "early adopters"? - page 3. (Read 3919 times)
Everybody on this board is early adopters. When BTC goes past 10k mark and has started to become a little mainstream, around that time a line will cross and "you" are not an early adopter anymore.
2009-2011 = epic early adopters - brilliant innovators and keen sense of the future of the technology
2012-2014 = very early adopters - people with instinct to understand potential and also attracted to price action
2015 = still early adopters - people getting on board from what the believers and innovators built
After Bitcoin goes mainstream = way too late
At the end of the day this is all relative based on the price. If it goes ballistic to 1mill/coin than anyone under 1K is an early adopter.
2012-2014 = very early adopters - people with instinct to understand potential and also attracted to price action
2015 = still early adopters - people getting on board from what the believers and innovators built
After Bitcoin goes mainstream = way too late
At the end of the day this is all relative based on the price. If it goes ballistic to 1mill/coin than anyone under 1K is an early adopter.
In 20 years, when btc may be 1k$.. we all are early adopters now..
optimistic. I like that.
2009-2012. Early adopters
2013-present. Late adopters.
2013-present. Late adopters.
2009-2012 lunatic fringe
2013- today early adopters
The reason is that the number of Bitcoin users is still very small compared with the other payment systems and markets where Bitcon is digging in right now.
Late adopters will be the average joes who doesn't care about financials so much and will jump on board when friends of them are already using it or when they see more and more news and mainstream media about it.
Everyone here in this forum still is having a front seat imo.
We are stil early adopters.. The masses still have not discovered and embraced bitocin, therefore, we are still within the first 1% to discover bitcoin.
Yes, we may have missed the massive price rise from cents to hundreds of dollars, but we are still far from the endgame. Once the masses embrace bitcoin, we will all be called early adopters.
Yes, we may have missed the massive price rise from cents to hundreds of dollars, but we are still far from the endgame. Once the masses embrace bitcoin, we will all be called early adopters.
An early adopter is one who has mined coins with his laptop/desktop when cpu mining was stil enough and when the reward was 50 BTC per block. Like it or not we are not early adopters anymore.
Don't agree with you here. What you are describing are the pioneers. The ones that saw the potential and took the risk. Early adopters copme after that and has nothing to do with the time frame, but all to do with the amount of the populations that has adopted something.
According to this image, we are even still innovators, as early adopters come in to play only after the first 2,5% of the population.
Where did you get that image and also how did whomever made that graph come up with those stats?
There are graphs like that all of the internet and basically all these stats do is show a normal statistical distribution which is divided into phases. Not number crunching required for that.
Even if Bitcoin is eventually adopted by only 1% of the world population, we are still in the innovator phase according to that graph.
In that case, 2,5% of that 1% would be the innovators. Which currently means around 1.5 - 2.0 million people would be innovators at that stage. Which probably means even if we use these less favorable numbers, we are still in the very early stages.
In 20 years, when btc may be 1k$.. we all are early adopters now..
I think that early adopters are those who have/had lots of bitcoins and some of them didn't know the value of it that will come after some years.
Late adopters are those who have not born yet, and they are endless 
they are also the only one that matter, since early adopters are only waiting for them to become rich
It really depends on how you look at it, from different time periods... If you look at a price perspective... it would change as the price goes up. Let's say within a year from now, the
price skyrockets to $ 100 000 per bitcoin... then people coming in after that, would scream ..." Early adopters" to everyone who bought bitcoins at the current price. {$420}
My definition of early adopters, would be 2009 - 2011 ... During these times, Gavin had faucets giving 1 to 2 bitcoins per claim and people mined with desktop pc's. {CPU's}
price skyrockets to $ 100 000 per bitcoin... then people coming in after that, would scream ..." Early adopters" to everyone who bought bitcoins at the current price. {$420}
My definition of early adopters, would be 2009 - 2011 ... During these times, Gavin had faucets giving 1 to 2 bitcoins per claim and people mined with desktop pc's. {CPU's}
Exactly. Everyone has their own opinion on this topic and there are many ways to look at it. So really, everyone that has made a reply is correct in their own way.
As Bitcoin is still in it's early stages. I think that anyone that has ever used Bitcoin, are considered to be the early adopters.
2009-2012. Early adopters
2013-present. Late 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.
I'm too happy that I'm one of the early adopter of bitcoin.
Bitcoin is not any program. But early adopter are considered as investors and get a chance to be millionaires. Becoming multi millionaire by adopting bitcoin is just a by-product of bitcoin ecosystem. Bitcoin is a electronic cash system for any user regardless of the time period, they are adopting it.
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.
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 think I agree with some sort of timescale like the above, there's no way somebody who for example bought their first bitcoin today is a late adopter when most of the world doesn't even know exactly what bitcoin is in any great detail.
I guess it also depends how successful bitcoin becomes, if the price went to 0 tomorrow nobody is going to give a shit, but if bitcoin goes to 100,000 dollars in 15 years then everybody on this forum right now is an early adopter.
It really depends on how you look at it, from different time periods... If you look at a price perspective... it would change as the price goes up. Let's say within a year from now, the
price skyrockets to $ 100 000 per bitcoin... then people coming in after that, would scream ..." Early adopters" to everyone who bought bitcoins at the current price. {$420}
My definition of early adopters, would be 2009 - 2011 ... During these times, Gavin had faucets giving 1 to 2 bitcoins per claim and people mined with desktop pc's. {CPU's}
price skyrockets to $ 100 000 per bitcoin... then people coming in after that, would scream ..." Early adopters" to everyone who bought bitcoins at the current price. {$420}
My definition of early adopters, would be 2009 - 2011 ... During these times, Gavin had faucets giving 1 to 2 bitcoins per claim and people mined with desktop pc's. {CPU's}
2009-2012. Early adopters
2013-present. Late 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.
We are all still early adopters. Anyone who thinks otherwise has a perspective problem. People who were around before 2013 were pioneers.
this
Early bitcoin adopters are those who mined and started to learn and earn bitcoin from around 2009 to 2012. D***, those starting right now can't be considered early adopters.
2009-2012. Early adopters
2013-present. Late 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.
Personally I believe that we have just crossed the chasm and are about to enter the Early Majority phase. Why? Because there was a lull in activity in the last 2 years where nothing seemed to happen, or even the sense that Bitcoin is dying.
Late adopters are those who have not born yet, and they are endless
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