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Topic: What stage of adoption is Crypto currently at? - page 5. (Read 2744 times)

member
Activity: 144
Merit: 19
It's still very early but it is really growing in geometrical progression.
newbie
Activity: 50
Merit: 0
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.

I think we are still very very early. We still have no cohesive regulation so the rules of the game haven't been outlined yet. There are no real industry leaders apart from btc and maybe eth. I don't think any killer apps have been developed yet either, nothing close to the overall potential of crypto anyway
sr. member
Activity: 476
Merit: 259
Very early adoption, I would say even no adoption at all, as you rarely see a store that accepts bitcoin, and it is usually because of the gimmick and not because of the features that bitcoin offers.

And bitcoin's price is totally determined by speculators other then people who actually uses the currency, which is totally shows that there is no really adoption in bitcoin but there is people who uses it just as a financial tool of making funds.
full member
Activity: 336
Merit: 101
Considering the fact that less than one percent of the world population currently own or use bitcoin,i think one can assume that we are still at the ealy stage of bitcoins.We are the early adopters,soon will be the masses.I hope we would make made our money by then.
It is too hard to comment on something like this and that too at time when the market value of the bitcoin and the rest of the crypto coins is very much low and that there is a lot of chaos in the entire crypto market. However, we can call this stage as the early stage of adoption as things are not that much well-organized and well-structured as they need to be and that a lot of efforts are still needed to be done.
hero member
Activity: 1022
Merit: 538
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?
Dude, just like the other guy said I don’t think we are still at an early adoption. There are already a lot of people that are making use of Bitcoin and exchanger like Binance are already having a lot of users, Binance now has close user registration which is being opened at some certain hours.

Bitcoin has progressed a lot and it’s been more than ten years now, though we still have a long way to go, but we are no longer in the stage of early adoption.
newbie
Activity: 32
Merit: 0
Crypto is definitely noticed. Seeing the potential of it I think that is in the early stage of adoption. One thing that is poorly developed is infrastructure or paying terminals like we have with Visa and Master cards. In next few years after more market rise, we will see that problem solved too.
legendary
Activity: 2968
Merit: 3684
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So less than 1% are into crypto that means in the asset life cycle we are in the early adopters stage. There are lot infrasture which is being built on the which the applications will be built. These apps will be used by the people. So we have to wait for the apps. Once they come out the people will start using it and then will come the early majority stage. So we are early for good. A lot of fortune to be made.

Using the last actual research by reputable academia would be using Cambridge's estimates in 2017 which puts ownership of wallets at less than 0.1% of world population. I would add a specialist estimate like from Elliptic, which would put it more conservatively, though probably accounting for the same 0.1% today after last year's thrust into the public eye.

So that depends how you see mainstream. Is 0.1% mainstream enough? It is to me.
newbie
Activity: 3
Merit: 0
Considering the fact that less than one percent of the world population currently own or use bitcoin,i think one can assume that we are still at the ealy stage of bitcoins.We are the early adopters,soon will be the masses.I hope we would make made our money by then.

I agree. At least most people, who are not living under a rock somewhere in the desert, have heard of Bitcoin and the existence of other cryptos. But most of them never had any real contact to them. Many still fear to even try it, because they have no idea what's going on. It's still only beginning to change. The development of more and more useful apps and platforms using tokens will help changing, but the ICO market is still in the process of finding itself.
full member
Activity: 294
Merit: 100
So less than 1% are into crypto that means in the asset life cycle we are in the early adopters stage. There are lot infrasture which is being built on the which the applications will be built. These apps will be used by the people. So we have to wait for the apps. Once they come out the people will start using it and then will come the early majority stage. So we are early for good. A lot of fortune to be made.
hero member
Activity: 2534
Merit: 605
I think we are at the tail end of the early adopters stage!
No we are now again at the start because price after the long journey of dumping now again increasing very high and this time bitcoin price is going to go very high, those people who have adopted bitcoin in early stage are those who can get high profit from bitcoin, right now bitcoin is increasing more and more so we will not have to be worry buy and hold, bitcoin is now at very peak of addition in price as thousands of investors are investing in bitcoin and they are earning with the help of bitcoin.
It is too early to say anything related to that of the stage at which these crypto currencies are at this very moment. It is because of the reason that the roots of the crypto currencies are not that much strong right now as they should be and that it will surely take lot of time for them to make their name in the entire world and to stand amongst other regular currencies. we need to wait for more time to hear some good news.
This is just the start and that it has not been even a decade for this world to see the crypto currencies. things are not in their proper shape so far and that it will take lot of time for this world to know the real benefits of the crypto currencies and to get convinced by this thing that investing of the money into the crypto currencies can help them in having a better living and that to trust the crypto currencies.
full member
Activity: 434
Merit: 100
I still believe we are still at the early stages. For this game to set more decentralized stable exchange needs to be out and running. People will not be too dependent on centralized exchanges who manipulate the market always. Blockchain innovation need to be taken more serious. By then we will be getting there.
newbie
Activity: 112
Merit: 0
Adoption as of now cannot be quantified, but we can say there has been ALOT of progress
legendary
Activity: 1204
Merit: 1028
I think we are at the tail end of the early adopters stage!
No we are now again at the start because price after the long journey of dumping now again increasing very high and this time bitcoin price is going to go very high, those people who have adopted bitcoin in early stage are those who can get high profit from bitcoin, right now bitcoin is increasing more and more so we will not have to be worry buy and hold, bitcoin is now at very peak of addition in price as thousands of investors are investing in bitcoin and they are earning with the help of bitcoin.
It is too early to say anything related to that of the stage at which these crypto currencies are at this very moment. It is because of the reason that the roots of the crypto currencies are not that much strong right now as they should be and that it will surely take lot of time for them to make their name in the entire world and to stand amongst other regular currencies. we need to wait for more time to hear some good news.
jr. member
Activity: 297
Merit: 1
I think that we still are in an early stage, yes there are people who have already adopted it and there a people that have been made a millionaire by crypto, but its used mostly for trading. I would say that cryptocurrency is in its maturity when we can use almost any crypto in almost every necessity that we need.
full member
Activity: 336
Merit: 103
No one knows where we are because the the governments, banks and to the system connected companies do not make any research about the current stage. But considering the relatively low market cap compared to the fiat money, I am pretty sure that we are still in the early stage.
newbie
Activity: 255
Merit: 0
I think we are at the tail end of the early adopters stage!
No we are now again at the start because price after the long journey of dumping now again increasing very high and this time bitcoin price is going to go very high, those people who have adopted bitcoin in early stage are those who can get high profit from bitcoin, right now bitcoin is increasing more and more so we will not have to be worry buy and hold, bitcoin is now at very peak of addition in price as thousands of investors are investing in bitcoin and they are earning with the help of bitcoin.
Every time it use to happen bitcoin increase in price and then again decrease so it is natural, we cannot call it the start or the end of bitcoin it can happen any time, today bitcoin is getting to the peak of demand and the price of bitcoin market moves parallel to the demand of bitcoin in market so a few months later we will see again market at the top. It is time to buy as much as you can buy doesn’t lose the opportunity because market is going to be at high phase once again.
sr. member
Activity: 1236
Merit: 252
I think we are at the tail end of the early adopters stage!
No we are now again at the start because price after the long journey of dumping now again increasing very high and this time bitcoin price is going to go very high, those people who have adopted bitcoin in early stage are those who can get high profit from bitcoin, right now bitcoin is increasing more and more so we will not have to be worry buy and hold, bitcoin is now at very peak of addition in price as thousands of investors are investing in bitcoin and they are earning with the help of bitcoin.
full member
Activity: 518
Merit: 101
Currently the market capitalization of the entire cryptocurrency market is very small compared to the financial markets in the world so the growth potential of this market is very large. I believe that in the future, the cryptocurrency market can be on par with other financial markets such as Forex and stock. Opportunities for investors are ahead.
sr. member
Activity: 672
Merit: 250
I think we have made great strides, the crypto currency is becoming popular and more and more people are learning about it.

The performance of the crypto currencies is very much satisfactory and that they haven’t gives even a single chance because of which we start thinking negative about any of the crypto market. For now, things are not much better but the good news is things are getting much better and that the reputation of the crypto coins is good which guarantees usa bright future of the crypto coins.
If we sit back and analyze the overall situation of the current market and then make a comparison with the performance of the market at time when the crypto coins were introduced to this world for the first time, then we will find a major change and that too a positive change. Things are much better and that we can hope for even better market condition in the days to come.
You’re right, the market has really changed in a very big way, but some people don’t really appreciate that. Just look at how far it has gone, I remember there is a time when BTC price was just at the rate of $7, but now, just look it’s now sold for $8000, and even went as high as $19000 and close to $20000. Man if you ask me, that’s a very big change but many don’t understand. All they want is for the price to keep on going up. They are all just wasting time.
member
Activity: 488
Merit: 10
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 don’t know for sure, but I believe there are millions of people that are into this business. Haven’t you heard about exchangers closing sign up for newbies? People now has to buy account from others who don’t need the account anymore, without that there is no way your getting in again. You will just be there waiting for your reg to be approved, but it never does. So there are many people who are into this, I believe.
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