Topic: What stage of adoption is Crypto currently at? - page 11. (Read 2717 times)
I think we are no longer in the early stages, of course the early stages have gone by since long, now maybe we are in the middle stage because already many people know and use bitcoin, and at this stage may be the stage of growth and development of bitcoin still exist the opportunity to join and invest but the results in the can not be as big as in the previous stage, because the current price is quite high
I come to think of this that bitcoin made about years ago but not that popular so we didnt have that much growth. I believe that this is just the stage where people, companies and most of the governments started to adopt bitcoin. This Is just the growth stage. There are more things that will happen in the future.
Just wanted to know where you guys think we are. Are we still in the early adoption stage?
At what stage of the dot com era would you put us at? Dial up lol?
At what stage of the dot com era would you put us at? Dial up lol?
Definitely not. Most people already know what cryptocurrency is. Even my friends at uni are already talking about and have a chat group for it LOL. This is unheard of in 2013. Take a look at this picture
I think we're already at stage 4 — maturity. People who joined recently are considered late majority. One thing, I really hope we don't have to see the decline of cryptocurrency in our lifetime. There are still a lot of things to be developed in crypto, a lot of innovation could be made, so that cycle of adoption could always be renewed/revised.
Innovation of new altcoins is the result of cryptos' adaption. We are in the second stage of earlier stage. Econony started experiencing new cryto flavour. In return, every crypto user adapting new lifestyle. Blockchain technology as well is adapted in major sectors to protect their assets documents and other imortant sources. Our next generation is going to live a real crypto life in the following decades.
In my opinion we are at third stage, "Growth". There isn't a consistent/mature majority yet, but from the middle of 2017 on things became more interesting, resulting in huge bumps in BTC price and network's overloading (I believe that was the right moment we passed to third stage). Indeed new AltCoins are appearing in quantity, but I think the Early Adopters' age is now in the past, those coming to invest at this moment are coming by the hands of the Early Adopters, who turned the AltCoins niche into what we see today.
Just wanted to know where you guys think we are. Are we still in the early adoption stage?
At what stage of the dot com era would you put us at? Dial up lol?
Not that early anymore, I've talked to some of my friends who are also good in economics and invested to other investments such as stocks and real estate. They know the risk of getting in to crypto now to be specific with bitcoin. They don't look at any other altcoin, they are monitoring it's movement and they don't want to take the risk anymore and one word they said, "it's too late." for them. I guess we're in the era now of where Friendster is becoming popular, the start of social media's.At what stage of the dot com era would you put us at? Dial up lol?
Many people can earn huge incomes form this project by just selecting the best project to invest in. I think this has to increase the crypto earnings of the people.
Just wanted to know where you guys think we are. Are we still in the early adoption stage?
At what stage of the dot com era would you put us at? Dial up lol?
I guess we're in the era now of where Friendster is becoming popular, the start of social media's.At what stage of the dot com era would you put us at? Dial up lol?
Just wanted to know where you guys think we are. Are we still in the early adoption stage?
At what stage of the dot com era would you put us at? Dial up lol?
Not that early anymore, I've talked to some of my friends who are also good in economics and invested to other investments such as stocks and real estate. They know the risk of getting in to crypto now to be specific with bitcoin. They don't look at any other altcoin, they are monitoring it's movement and they don't want to take the risk anymore and one word they said, "it's too late." for them. I guess we're in the era now of where Friendster is becoming popular, the start of social media's.At what stage of the dot com era would you put us at? Dial up lol?
Many people can earn huge incomes form this project by just selecting the best project to invest in. I think this has to increase the crypto earnings of the people.
Just wanted to know where you guys think we are. Are we still in the early adoption stage?
At what stage of the dot com era would you put us at? Dial up lol?
Not that early anymore, I've talked to some of my friends who are also good in economics and invested to other investments such as stocks and real estate. They know the risk of getting in to crypto now to be specific with bitcoin. They don't look at any other altcoin, they are monitoring it's movement and they don't want to take the risk anymore and one word they said, "it's too late." for them. I guess we're in the era now of where Friendster is becoming popular, the start of social media's.At what stage of the dot com era would you put us at? Dial up lol?
I can say we're getting there as local businesses starting to accept bitcoin as payment. Merchants starting to trade their commudity for bitcoin and more services such as hotel and restaurant's are accepting bitcoin. Little by little countries are starting to recognize and planning some regulations into it. And lately the increase of price shows the increase of demand in bitcoin, i can say bitcoin is slowly growing as a mainstream currency.
Just wanted to know where you guys think we are. Are we still in the early adoption stage?
At what stage of the dot com era would you put us at? Dial up lol?
At what stage of the dot com era would you put us at? Dial up lol?
Hard to say, from what I've seen over the news around the world and within my country, there is really no much adoption yet. People are afraid to use it due to the great volatility of cryptocurrencies and this scares a lot of people. There is a chance that you have a million today and half that in the next days. Adoption is indeed the problem with new technologies.
I would say that once things stabilize and volatility minimizes I think the world will accept it as is. But right now, I think we'll have to stick with it for now and adoption will come.
Just wanted to know where you guys think we are. Are we still in the early adoption stage?
At what stage of the dot com era would you put us at? Dial up lol?
At what stage of the dot com era would you put us at? Dial up lol?
Definitely not. Most people already know what cryptocurrency is. Even my friends at uni are already talking about and have a chat group for it LOL. This is unheard of in 2013. Take a look at this picture
I think we're already at stage 4 — maturity. People who joined recently are considered late majority. One thing, I really hope we don't have to see the decline of cryptocurrency in our lifetime. There are still a lot of things to be developed in crypto, a lot of innovation could be made, so that cycle of adoption could always be renewed/revised.
Innovation of new altcoins is the result of cryptos' adaption. We are in the second stage of earlier stage. Econony started experiencing new cryto flavour. In return, every crypto user adapting new lifestyle. Blockchain technology as well is adapted in major sectors to protect their assets documents and other imortant sources. Our next generation is going to live a real crypto life in the following decades.
In my opinion we are at third stage, "Growth". There isn't a consistent/mature majority yet, but from the middle of 2017 on things became more interesting, resulting in huge bumps in BTC price and network's overloading (I believe that was the right moment we passed to third stage). Indeed new AltCoins are appearing in quantity, but I think the Early Adopters' age is now in the past, those coming to invest at this moment are coming by the hands of the Early Adopters, who turned the AltCoins niche into what we see today.
2018 is the year of ICO and the boom of Cryptocurrency.Grab a chance to be a Millionaire.
I think we are in the Growth stage, as more and more people are hearing about Crypto, but there still is a big gap in the involving decision. For instance, a lot of people hear about it, talk about it, but until they understand it there is a long way to go.
2017 will be considered as a historic year for the cypto currency because as soon as it 10k and then rise till 18k quickly it caught attention of every one in the world and all news channel and experts started to speak about it. Thus 2018 and coming years will bring many more growth stories for different coins which would be new btc in making of altocins.
In Russia, more than 30% of the population does not know about crypto-currencies. And those who know - not everyone is out of the traditional investment in stocks. Once capitalization is 10 times greater than now, then the maturity phase will come.
From the moment that economic system decide to join its day by day operations into computing, there had begun the fertile soil for virtual economy and its goods. The seed was thrown over this market and now, today we can say that it germinated. The depedence of this gizmo is not at the point yet, but soon it'll be. There' s a lot of work to do to enhance and definetelly consolidate the good use and the facility hegemony of bitcoin on the simple lives. Now everething depends on the actions, attitudes and credibility of the present users for the stabilishment of this untouchble but strong newbie coin.
We're definitely getting there and exchanges (Binance, Poloniex, etc.) closing registration because they can no longer handle more users is a proof of that. I say we give bitcoin one more year, after that, almost every service will be in the process of adding it as a payment method (assuming that we will have LN stable and working by then).
Thats true that no more registration accept in binance and bittrex prove that we are maybe in second stage.
But this is not at the end of the stage. Still too early to speak about crypto can change fiat.
Every year is different stage with crypto markets and you could see it if you track back the past price and the current price of each alts you handle for these past years and even with bitcoins the growth doesn't stop with it so I can say these events can really tell that we can't determine on where are we right now in crypto map since looks like these growth is endless. And I never saw that crypto will end up the fiat since fiat since there are so many factors that needed to consider for this thing.
Just wanted to know where you guys think we are. Are we still in the early adoption stage?
At what stage of the dot com era would you put us at? Dial up lol?
At what stage of the dot com era would you put us at? Dial up lol?
Nope, Satoshi's expectation is bitcoin will touch the 10k USD in the year 2020 as it was started in the hidden e-mails of satoshi. As his thought also we would not be able to say that you are scratch to invest on cryptos. There are 1000+ crypto currencies in the market but you have to choose the best coin as you wish with having potential.
If you invested last year same day on ethreum also you might be millionaire already. Check the promising projects which can take more adoption like Ripple and others. Hope this would be helpful to you.
We're definitely getting there and exchanges (Binance, Poloniex, etc.) closing registration because they can no longer handle more users is a proof of that. I say we give bitcoin one more year, after that, almost every service will be in the process of adding it as a payment method (assuming that we will have LN stable and working by then).
A lot of us are really banking on Lightning Network (LN) to be working for Bitcoin as the situation right now is not working right for the future of Bitcoin as a currency. Yes, there is no problem with it as a store of value but this is not the way Bitcoin should be. There are some businesses which already dropped Bitcoin because of the perennial issues affecting the coin and something must really be done. As to stage of adoption, yes, I think we are getting to be there but as we have seen things will never be walk-in-the-park there will always be bumps and humps along the way. Is cryptocurrency really the future like what many are saying it is? We hope so despite the noise coming from FUDs affecting the overall sentiment of the market.
We're definitely getting there and exchanges (Binance, Poloniex, etc.) closing registration because they can no longer handle more users is a proof of that. I say we give bitcoin one more year, after that, almost every service will be in the process of adding it as a payment method (assuming that we will have LN stable and working by then).
Thats true that no more registration accept in binance and bittrex prove that we are maybe in second stage.
But this is not at the end of the stage. Still too early to speak about crypto can change fiat.
We're right on the edge of early adopters about to cross into growth. If you consider that governments are just now starting to look at how to integrate the technology, and most corporations are still not using the tech, it shows that we are just about to have mainstream adoption, which will end the era of early adoption. Anyone in crypto 2016 and before would be the innovators.
I think we are in the Growth stage, as more and more people are hearing about Crypto, but there still is a big gap in the involving decision. For instance, a lot of people hear about it, talk about it, but until they understand it there is a long way to go.
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