Topic: if you are just investing in Bitcoin now, you're an early adopter or innovator (Read 2573 times)
June 14, 2017, 04:27:52 AM
I couldn't agree any less to what OP is saying because when I joined bitcoin and the price was below $1000 I was thinking I came late to the party considering the various historical analysis of how the price was below $100 but now I realised I was actually early and I feel the same thing will happen to to those coming in now thinking they are late by the time its 2 years from now.
June 14, 2017, 04:06:04 AM
How can we even confirm the class that we are on that chart?
We have no idea what tomorrow holds. So either we are still at the innovator stage or the late majority, only tomorrow can tell but I sure know we are not at the laggard stage. With great hopes for future anyway, I will classify myself as an early adopter.
We have no idea what tomorrow holds. So either we are still at the innovator stage or the late majority, only tomorrow can tell but I sure know we are not at the laggard stage. With great hopes for future anyway, I will classify myself as an early adopter.
June 14, 2017, 03:56:32 AM
I learned about Bitcoin 2011 but even today in 2017 I am telling people we're still in cryto infancy. One way of thinking about this is if you save up for one whole Bitcoin mathematically in absolute certain terms you could only be 1 out of 21,000,000 people who own a Bitcoin. Well it goes deeper since we know only 16,367,963 Bitcoins have been mined at this very moment. So you could be 1 out of 16,367,963.
But... it goes a little deeper.
Out of 16,367,963 Bitcoin holders, some very lucky people hold 2, 3, 4, 5, 10, 100, 1,000 or more...
Deeper... some people lost their wallets, hard drives, or died holding Bitcoin...
If 100,000,000 people learned about cryptocurrency and tried to acquire a whole Bitcoin - the price would be insane. 3,200,000,000 people will have access to the internet by the end of this year. There's 7,500,000,000 people in the world and growing!
June 14, 2017, 01:35:03 AM
We are not early adopters.Early adopters were those who bought bitcoins in 2010 to 2013.We are also not late comers.Instead,we could say ourselves as middle men.There is lots of progress more to come in bitcoins and we too would enjoy benefits along with early birds.But the early adopters are very much blessed enough since they laid trust on bitcoins when no one believed that it would survive and i think they deserve for what they enjoy today with such a huge bitcoin price.
June 04, 2017, 04:06:59 PM
I believe innovator stage doesn't exist anymore and we all are in early adopter stage. Because I believe bitcoin price is not at its best now and it has a lot of strength left to reach the moon.
Lets just hope for the best.
Lets just hope for the best.
Precisely, Bitcoin price is not at its best yet and we are looking forward to more increments. I likewise believe we are at the early adopter stage and hoping to be huge beneficiaries going forward
June 04, 2017, 03:23:53 PM
All users of Bitcoin are users of blockchain technology, because Bitcoin is blockchain technology. Therefore it's impossible for the number of users of blockchain technology to be fewer than the number of Bitcoin users.
Nothing to brag about but actually I'm generating 500 Bitcoin addresses and saving them with their private keys and currently looking to find some body who is willing to code me a software where I could do this automatically and also put them all on a watch list to notify me when ever any of them received a transaction lol imagine if I could do 100K addresses in a day and one day getting lucky to hit the jackpot.We should start moving into multisig addresses which are starting with a 3 because they are much safer.
It's just like the Large Bitcoin Collider - no point trying to steal people's Bitcoin just because it's sometimes possible.
Yeah, we're in innovator stage. It would be flat out illogical to suggest otherwise.
June 04, 2017, 02:04:20 PM
I believe innovator stage doesn't exist anymore and we all are in early adopter stage. Because I believe bitcoin price is not at its best now and it has a lot of strength left to reach the moon.
Lets just hope for the best.
Lets just hope for the best.
June 04, 2017, 01:59:10 PM
Only time will tell us what place we are occupying today in the history of bitcoin. A few days ago the CEO of Xapo anticipated the price of bitcoin in a million dollars within ten years; if so, today's bitcoiners would certainly be considered early adopters. But if within ten years a new altcoin is developed with enough stength to relegate bitcoin to a very secondary place and send its price down to $1000 or less, today's bitcoiners would be considered laggards.
June 04, 2017, 01:08:43 PM
How can you say that if they are just investing in bitcoin now they are consider as an early adopter or innovator???
Isn't the ones who have been in bitcoin since 2009-2011 the true early adopter of it.
Isn't the ones who have been in bitcoin since 2009-2011 the true early adopter of it.
Some believes that we are on the late innovator stage or just starting the early adopters stage. If you will observe about the population of bitcoin users as of now, we are too few to be included in a "majority" with respect to the total population on Earth. In this matter, time is not of an essence, we are looking at the percentage of users. Though we cannot neclect the fact that bitcoin is still young, thus classified as early.
Unfortunately I am in late majority or luggurds it's sad let's see the future world is rotating may be we would be first category again there is no proven data discussing about this here onwards wait and watch
I believe that is just how you feel. Same as me, I feel a little disappointment because I did not know about bitcoin until this very year. It would make us feel like we are too late to start. However, if we will look upon the current number of users (bitcoin), we will feel fortunate because the bitcoin community is not yet that big and we still have our chance of having good fortune with the aid of Bitcoin.
June 04, 2017, 12:53:06 PM
Unfortunately I am in late majority or luggurds it's sad let's see the future world is rotating may be we would be first category again there is no proven data discussing about this here onwards wait and watch
June 04, 2017, 04:03:11 AM
How can you say that if they are just investing in bitcoin now they are consider as an early adopter or innovator???
Isn't the ones who have been in bitcoin since 2009-2011 the true early adopter of it.
Isn't the ones who have been in bitcoin since 2009-2011 the true early adopter of it.
June 04, 2017, 03:59:56 AM
For me people considered as the early adopter are the one who started to use Bitcoin around 2013 and before. While I agree Bitcoin is still somehow "young" people who are just starting to use it are the opportunists. And by using "opportunists" I don't mean to say it means Bitcoin already reached its highest potetial, still plenty to come just in the next 5 years. Considering the current issues will be solved
June 04, 2017, 03:24:47 AM
I do not know where does the percentage came from and I do not find any basis for the numbers. Regardless, I believe that new investors now are included in the early adopters rather than innovators. How come that they are going to be innovators when they do not introduce something new? They merely joined a group of people in adapting a new currency which is bitcoin.
What you are saying is true and it is always that who ever enters from when he is a new investors and who are in this field from long are innovators as they are being from starting or long time .
June 04, 2017, 03:18:21 AM
I do not know where does the percentage came from and I do not find any basis for the numbers. Regardless, I believe that new investors now are included in the early adopters rather than innovators. How come that they are going to be innovators when they do not introduce something new? They merely joined a group of people in adapting a new currency which is bitcoin.
June 04, 2017, 03:11:36 AM
I agree with OP.
My friends said that bitcoin was dead about a year ago because he said that if it was something that was going to succeed in the long term - it should already be adopted by a lot of people. I think that this sort of skepticism is held common by a lot of people, making them afraid to invest in bitcoin or simply not bothered to check bitcoin out.
If you believe in bitcoin, and therefore hold at least some BTC, then you are already more open-minded than 99.9% of earthlings.
My friends said that bitcoin was dead about a year ago because he said that if it was something that was going to succeed in the long term - it should already be adopted by a lot of people. I think that this sort of skepticism is held common by a lot of people, making them afraid to invest in bitcoin or simply not bothered to check bitcoin out.
If you believe in bitcoin, and therefore hold at least some BTC, then you are already more open-minded than 99.9% of earthlings.
June 04, 2017, 01:37:18 AM
I also believe that we are still in the Early Adapter stage as Bitcoin is not yet that known globally. Only a minimal percentage of the whole world is owning any Bitcoin and since when we talk of mainstream we talk about the millions and even billions of people then we are not yet there and it could still take so many years before Bitcoin can be as popular as US dollars at least. Bitcoin remains to be one of the best earning and growth potential there is for now online.
June 04, 2017, 12:45:22 AM
How are you classifying this current time as innovator to early adopter? I like the sound of being early but I am just wondering how we are confirming these data?
Exactly what I thought. How are we sure the data group we even belong to? How is the data confirmed, how are we so sure we are not either still in the innovative stage or the early majority? Whichever way, I hope I reap the great huge benefits of bitcoin in near future.
June 03, 2017, 11:47:17 PM
unfortunately i'm not investing only and maybe most people late including me because i do not expect the price so high currently and that's why i was so doubt when people says bitcoin will above $2000 soon but since last month i consider my main asset should be bitcoin and not other else
June 03, 2017, 11:41:56 PM
All users of Bitcoin are users of blockchain technology, because Bitcoin is blockchain technology. Therefore it's impossible for the number of users of blockchain technology to be fewer than the number of Bitcoin users.
Nothing to brag about but actually I'm generating 500 Bitcoin addresses and saving them with their private keys and currently looking to find some body who is willing to code me a software where I could do this automatically and also put them all on a watch list to notify me when ever any of them received a transaction lol imagine if I could do 100K addresses in a day and one day getting lucky to hit the jackpot.We should start moving into multisig addresses which are starting with a 3 because they are much safer.
I agree with you Fyookball, +1 for this and keep up the good spirit. O.o\=
June 03, 2017, 10:52:36 PM
Not sure what is considered early but I got bitcoin in 2014.. Probably a mid-adopter
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