thanks for that link, it brought me to this one
https://www.youtube.com/watch?v=kWRlNO79sLw
edit:
I never quite understood the
big thanks to whoever dropped that link, sorry I don't remember
finally I understood that this correlation of hype and despair explains the
They are not one and the same the hype cycle is typically of the run-ups to all-time highs.
The adoption curve represents 100% of Bitcoin's total user base untill Bitcoin reaches maximum saturation.
The adoption chasm is about critical mass if you can reach 13-16% of your target user base, you have crossed the chasm and the network effect will trigger the remaining adoption through to saturation.
In my mind we're still in early adopter or innovator stage, we haven't crossed the chasm yet, once we've hit 13% of total Bitcoin users we've crossed the chasm and we home free.
agreed, this only helped me realize at what stage in adoption we are at currently. and also of course to realize that the "chasm" might actually be real.
we are no where close to 13-16% in my opinion.
Pulling a number literally from nowhere, it FEELS as if we are around 0.5%. Anyone have a more accurate number?
Where is Risto? He would probably have a good guess.
