We are still early adopters | Bitcointalksearch.org

Flashman

hero member

Activity: 518

Merit: 500

Hodl!

Quote from: wesk1212 on December 03, 2014, 06:04:16 PM

Quote from: Flashman on December 03, 2014, 03:09:11 PM

Quote from: wesk1212 on December 03, 2014, 02:56:32 PM

how are you and others who believe so sure that BTC is like internet?
internet (web / networking) is something that could not be avoided in humanity but crypto-currencies.. not necassary

Everything considered "essential" to modern life at present was seen as nothing but an expensive toy in the beginning.

web / networking meaning networking and communicating with human species all over the world is an expensive toy?

Yup, was in the early 90s. Toilets were an expensive toy when you could just as easily shit in the gutter.

Point being, crypto curriencies seem like a "neat toy" right now, but kids born today will think that pieces of paper with numbers on them a retarded and backward form of money.

wesk1212

full member

Activity: 486

Merit: 100

Quote from: Flashman on December 03, 2014, 03:09:11 PM

Quote from: wesk1212 on December 03, 2014, 02:56:32 PM

how are you and others who believe so sure that BTC is like internet?
internet (web / networking) is something that could not be avoided in humanity but crypto-currencies.. not necassary

Everything considered "essential" to modern life at present was seen as nothing but an expensive toy in the beginning.

web / networking meaning networking and communicating with human species all over the world is an expensive toy?

scryptolife

newbie

Activity: 26

Merit: 0

Quote from: bitcoinmining on December 02, 2014, 07:00:22 PM

When I share something about Bitcoin on Facebook, nobody like that or no comment about that; cause they don't know. But I know in 2 or 3 years people share their ChangeTip links like crazy, talk about discounted prices with Bitcoin, talk about Bitcoin price's dumping/pumping etc. If that days come, Bitcoin price will be more than $10,000 guys, we'll see this I believe!

The fact that you have found this community shows that you probably are smarter than average. Your Facebook friends aren't if they represent a group consisting of average people. If you post something here, even if it isn't about Bitcoin people will understand. For that reason you may have the illusion that your Facebook friends should understand that as well. Even if 50 % of people some day have a Bitcoin wallet that doesn't mean they understand it. They still won't comment when you post about Bitcoin on Facebook.

azguard

legendary

Activity: 1484

Merit: 1001

Crypto-News.net: News from Crypto World

Yes BTC is my opinion future in internet every day paying system.
The more you surf more ads you see about some exchange or casino or something similar to any crypto.

So bottom line is we wont be able to see full potential of BTC.

Flashman

hero member

Activity: 518

Merit: 500

Hodl!

Quote from: wesk1212 on December 03, 2014, 02:56:32 PM

how are you and others who believe so sure that BTC is like internet?
internet (web / networking) is something that could not be avoided in humanity but crypto-currencies.. not necassary

Everything considered "essential" to modern life at present was seen as nothing but an expensive toy in the beginning.

wesk1212

full member

Activity: 486

Merit: 100

how are you and others who believe so sure that BTC is like internet?
internet (web / networking) is something that could not be avoided in humanity but crypto-currencies.. not necassary

slaveforanunnak1

hero member

Activity: 743

Merit: 502

Quote from: neurotypical on December 03, 2014, 12:43:50 PM

Quote from: Giulioz on December 03, 2014, 02:43:53 AM

Quote from: Flashman on December 02, 2014, 09:53:38 PM

Oh and this gem turned up.

"Overhyped" "Number of users grossly overestimated" suggestion of being off by a factor of 10.

Sound familiar? No it's not the latest bitcoin FUD article...

It's the New York Times reporting on the internet in 1994...
http://www.nytimes.com/1994/08/10/business/business-technology-doubts-raised-on-number-of-internet-users.html

We know what happened next.

Yes, the people who invested in the internet back then are now billionaires

Yeah, but what kind of BTC investment would you need to do NOW to become a billonaire in 10 years?

Not sure, but having a few BTCs around will make you a millionare in a decade imho.

neurotypical

hero member

Activity: 672

Merit: 503

Quote from: fenican on December 03, 2014, 12:52:35 PM

20,000 BTC invested now (~$7M) should put you on track to be a future USD billionaire

But who the hell has that kind of money to do that. We are talking a posbility for everyone.

Back in the day, someone that registered a couple of household names like what.. i dont know, sex.com, broadcast.com, news.com whatever.. and then started some basic business could become a billi.

With BTC i dont see it as clear. The opportunity to have a ton of BTC for a small investment is over. I can only hope that 1 BTC goes to 1 milli in a decade and I think im being delusional with that.

fenican

hero member

Activity: 1395

Merit: 505

20,000 BTC invested now (~$7M) should put you on track to be a future USD billionaire

neurotypical

hero member

Activity: 672

Merit: 503

Quote from: Giulioz on December 03, 2014, 02:43:53 AM

Quote from: Flashman on December 02, 2014, 09:53:38 PM

Oh and this gem turned up.

"Overhyped" "Number of users grossly overestimated" suggestion of being off by a factor of 10.

Sound familiar? No it's not the latest bitcoin FUD article...

It's the New York Times reporting on the internet in 1994...
http://www.nytimes.com/1994/08/10/business/business-technology-doubts-raised-on-number-of-internet-users.html

We know what happened next.

Yes, the people who invested in the internet back then are now billionaires

Yeah, but what kind of BTC investment would you need to do NOW to become a billonaire in 10 years?

bajlox

full member

Activity: 140

Merit: 100

Quote from: bitcoinmining on December 02, 2014, 07:00:22 PM

When I share something about Bitcoin on Facebook, nobody like that or no comment about that; cause they don't know. But I know in 2 or 3 years people share their ChangeTip links like crazy, talk about discounted prices with Bitcoin, talk about Bitcoin price's dumping/pumping etc. If that days come, Bitcoin price will be more than $10,000 guys, we'll see this I believe!

You got it right but more people are interested to hear something about it not just for bitcoin for all other cryptos.
Have several co workers who read something in paper and ask little about it.

I gave them few direction and they now read and explore possibilities for additional income like most of us.

djokica

newbie

Activity: 54

Merit: 0

Quote

Yes there is room for growth but there needs to be a reason for it to grow, eg there needs to be a reason for people to buy and use it.

When this happen any crypto may became soul of purchasing something over the net.
I think that will be mainly purpose for most of cryptos.

Giulioz

member

Activity: 105

Merit: 10

Quote from: Flashman on December 02, 2014, 09:53:38 PM

Oh and this gem turned up.

"Overhyped" "Number of users grossly overestimated" suggestion of being off by a factor of 10.

Sound familiar? No it's not the latest bitcoin FUD article...

It's the New York Times reporting on the internet in 1994...
http://www.nytimes.com/1994/08/10/business/business-technology-doubts-raised-on-number-of-internet-users.html

We know what happened next.

Yes, the people who invested in the internet back then are now billionaires

Flashman

hero member

Activity: 518

Merit: 500

Hodl!

Oh and this gem turned up.

"Overhyped" "Number of users grossly overestimated" suggestion of being off by a factor of 10.

Sound familiar? No it's not the latest bitcoin FUD article...

It's the New York Times reporting on the internet in 1994...
http://www.nytimes.com/1994/08/10/business/business-technology-doubts-raised-on-number-of-internet-users.html

We know what happened next.

Flashman

hero member

Activity: 518

Merit: 500

Hodl!

Quote from: ChuckBuck on December 02, 2014, 04:34:51 PM

Forget fringe, we still in the chasm:

Just gots to give it some time to marinate, let the devs and investors do theirs, and we do ours by actually using it.

Yeah, that's playing on my mind, I'm hoping we get the momentum to jump that ......

Flashman

hero member

Activity: 518

Merit: 500

Hodl!

Quote from: Willisius on December 02, 2014, 07:16:20 PM

there are no consumer protections and many scam attempts (many successful)

Not really none, it's still as illegal to steal as anything else is.

Willisius

sr. member

Activity: 364

Merit: 250

I'm really quite sane!

Quote from: 1Referee on December 02, 2014, 03:31:50 PM

Quote from: sandykho47 on December 02, 2014, 08:37:30 AM

If you say based on percentage
We still early adopter

Maybe we have to wait 20 years to see most people adopt bitcoin Cheesy

I was actually shocked when some one told me how many people actually own Bitcoin.

Was thinking in the range of a few million people, but it's only a few hundred thousand.

There is so much room for growth, something tells me the next few years will be huge.

Yes there is room for growth but there needs to be a reason for it to grow, eg there needs to be a reason for people to buy and use it. Right now the reason why people would use bitcoin is because it provides a lower cost way of sending money, however there is the added cost of the fact that there are no consumer protections and many scam attempts (many successful)

fenican

hero member

Activity: 1395

Merit: 505

$50,000 seems like an achievable end state for BTC price. That would reflect about a $1T capitalization - very approximately 1/10'th of Gold. Levels beyond that are possible but IMHO overly optimistic.

bitcoinmining

sr. member

Activity: 381

Merit: 250

When I share something about Bitcoin on Facebook, nobody like that or no comment about that; cause they don't know. But I know in 2 or 3 years people share their ChangeTip links like crazy, talk about discounted prices with Bitcoin, talk about Bitcoin price's dumping/pumping etc. If that days come, Bitcoin price will be more than $10,000 guys, we'll see this I believe!

ChuckBuck

hero member

Activity: 1372

Merit: 783

better everyday ♥

Forget fringe, we still in the chasm:

Just gots to give it some time to marinate, let the devs and investors do theirs, and we do ours by actually using it.

Topic: We are still early adopters (Read 6399 times)