Topic: What stage of adoption is Crypto currently at? - page 6. (Read 2717 times)
I think we are at the tail end of the early adopters stage!
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.
Ye I would say the early adopter stage. Not enough people know about it yet judging from my personal interactions with people. There are so many misconception still surrounding the space and the big boys still haven't joined. Regulation doesn't even exist yet!
When bitcoin almost hit 20K(happend about 2 months ago) it made a big media FUD about bitcoin, you could see an article about bitcoin at most of the news/media sites, so it's pretty clear that there is a largr perecent of people who knows about bitcoin.
At the same time, exchanges are closing doors due to being flooded with users, so it's pretty hard to say that we entered mass adoption, but I do believe that there are a lot of people that are just waiting to buy bitcoins but they can't do that because of the state of the exchanges.
At the same time, exchanges are closing doors due to being flooded with users, so it's pretty hard to say that we entered mass adoption, but I do believe that there are a lot of people that are just waiting to buy bitcoins but they can't do that because of the state of the exchanges.
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.
I think we have made great strides, the crypto currency is becoming popular and more and more people are learning about it.
Bitcoin is at the early days of massive adoption. Now this could have grown much high in value with large number of user network. Due to some sort of FUD spreading quite often the panic scenario prevails around the community causing a dilemma among the users whether to be a part of cryptocurrency or not.
You think the growth we had last year was normal? You better start getting used to it. It is not like bitcoin will not grow and if we say at some point FUD will clear out of the way, then, we are really deceiving ourselves. However, one thing I have known is that for a new market, it is normal to see high volatility such as this, and being in the early adopters phase with the process of hitting the growth phase, we really have a pretty much room for steady growth. The government and bankers are fully behind this, that is why major countries are not banning Crypto. The community is building a cashless society and platform that would have taken them 50 years to build. Both the ladder will promote crypto (indirectly) until we are closer to a cashless society. However, with that said, there is still a lot of progression and profitable assets to made.
Well, those people you have mentioned basically do not have any choice that to accept it since they know there is nothing they can do anyway. The truth is that, I even expected things to get worse with clamp down with government, but I am sure they underestimated the impact the whole idea of cryptocurrency and blockchain technology will have globally and now they are just trying to pick up and see what they can do from here on. 
Bitcoin is at the early days of massive adoption. Now this could have grown much high in value with large number of user network. Due to some sort of FUD spreading quite often the panic scenario prevails around the community causing a dilemma among the users whether to be a part of cryptocurrency or not.
I also think we are at the stage in which mass adoption is just beginning which means we are in a good shape because if that is the case then we could easily see a price increase of bitcoin like we have never seen before, my goal for bitcoin is something like 70k we are very far way from that number but I think it may be possible to reach in a decade and if mass adoption happens then that number is a real possibility.
Early adoption?! Where on earth did that come from. Bitcoin is way passed early adoption. Since it got onto the mainstream media many people jumped straight away to get Bitcoin. This is what caused the previous price hype.
But saying this we have a while to go. Bitcoin is stored banned by many countries. One of the most recent countries to do this is India, where they banned all ICO activities and cryptocurrencies.
So taking this all into account, I'd say we are about three quarters of the way there.
Everyone has his own way of looking up at the things and then he makes the assumptions based on his own perception. Up till now, there is only 1% of the population who know about this concept of the crypto currencies and most of them amongst those have not even started investing their money into it so far. So I think, bitcoin is still at the beginning stages of its adoption and that it will take time for things to be in favor of bitcoin.But saying this we have a while to go. Bitcoin is stored banned by many countries. One of the most recent countries to do this is India, where they banned all ICO activities and cryptocurrencies.
So taking this all into account, I'd say we are about three quarters of the way there.
Some may think bitcoin's value has increased hugely already but like you said, we are not even close considering the population of users with respect to the global population which we know there is still more chance to see additional people stepping into the show in the long run.
Well they say when your taxi driver starts mentioning it you've probably reached mass adoption and my taxi driver did in fact mention cryptocurrency to me the the litmus test failed. I don't think we're at mass adoption yet though. Cryptocurrency seems to rise in bursts of publicity and then falls somewhat flat for a while. It's like repeated dot coms
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?
actually we are late on the era of cryptocurrency and most of the people who invest earlier are already rich but still there's no need to worry because there are ico's today who are existing in this forum and we can work on their bounty campaign to earn altcoins.
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?
actually we are late on the era of cryptocurrency and most of the people who invest earlier are already rich but still there's no need to worry because there are ico's today who are existing in this forum and we can work on their bounty campaign to earn altcoins.
I believe we are still in the early stage and soon going into the growth stage. Crypto is still not even massively adopted and regulations haven't even fully been established world-wide yet although by next year things might be in place it's still early. Once the groundwork is laid then you will see more of a major adoption but for now it's still seen as the Wild West.
That's why I believe in this company and those like it who will create a vision for making crypto mainstream, I believe this ICO will do well.
https://bitcointalksearch.org/topic/ann-meet-the-people-making-crypto-mainstream-3085831
It has not been so long for these crypto currencies to be there in this world and that they still need to get some very good period of time for them to make their name in the international market and above all amongst the people. That's why I believe in this company and those like it who will create a vision for making crypto mainstream, I believe this ICO will do well.
https://bitcointalksearch.org/topic/ann-meet-the-people-making-crypto-mainstream-3085831
Though all the crypto currencies are going very good and people are investing in it but still all of the crypto currencies are at its early stages and that it needs time to get some better reputation.
cryptos is not already new and they been already existed for about 9 years.so i guess their adoption is now on the middle and yes it can still improve more as the time goes by because there were still people that doesnt actually know these cryptocurencies. i think they should also recognized it soon if they were given a time. cryptos do also need to be expose more on the public in ordef to gain trust and credibility , so that people will easily believe in it.
I believe we are still in the early stage and soon going into the growth stage. Crypto is still not even massively adopted and regulations haven't even fully been established world-wide yet although by next year things might be in place it's still early. Once the groundwork is laid then you will see more of a major adoption but for now it's still seen as the Wild West.
That's why I believe in this company and those like it who will create a vision for making crypto mainstream, I believe this ICO will do well.
https://bitcointalksearch.org/topic/ann-meet-the-people-making-crypto-mainstream-3085831
It has not been so long for these crypto currencies to be there in this world and that they still need to get some very good period of time for them to make their name in the international market and above all amongst the people. That's why I believe in this company and those like it who will create a vision for making crypto mainstream, I believe this ICO will do well.
https://bitcointalksearch.org/topic/ann-meet-the-people-making-crypto-mainstream-3085831
Though all the crypto currencies are going very good and people are investing in it but still all of the crypto currencies are at its early stages and that it needs time to get some better reputation.
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.
I would say we are still in the stage 3. Cryptocurrency are still growing and yes, not all people know what cryptocurrency is. They heard bitcoin but when you mention blockchain they are blank also about it. There are still many things to learn about cryptocurrency since many people just like I said have not heard it yet.
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?
In my perspective, we still have a few good ALTS that is worth investing in, an educated mind in business and economics will likely to go into real world investments. I know that they are just getting practical, but I think they need more time in understanding the blockchain. Way back in the 20's many people considered the internet as being widely adopted yet only has the mind and guts to explore what is lacking in the internet that time. And some of them are billionaires now. Not just merely millionaires.
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?
In my perspective, we still have a few good ALTS that is worth investing in, an educated mind in business and economics will likely to go into real world investments. I know that they are just getting practical, but I think they need more time in understanding the blockchain. Way back in the 20's many people considered the internet as being widely adopted yet only has the mind and guts to explore what is lacking in the internet that time. And some of them are billionaires now. Not just merely millionaires.
Early adoption?! Where on earth did that come from. Bitcoin is way passed early adoption. Since it got onto the mainstream media many people jumped straight away to get Bitcoin. This is what caused the previous price hype.
But saying this we have a while to go. Bitcoin is stored banned by many countries. One of the most recent countries to do this is India, where they banned all ICO activities and cryptocurrencies.
So taking this all into account, I'd say we are about three quarters of the way there.
Everyone has his own way of looking up at the things and then he makes the assumptions based on his own perception. Up till now, there is only 1% of the population who know about this concept of the crypto currencies and most of them amongst those have not even started investing their money into it so far. So I think, bitcoin is still at the beginning stages of its adoption and that it will take time for things to be in favor of bitcoin.But saying this we have a while to go. Bitcoin is stored banned by many countries. One of the most recent countries to do this is India, where they banned all ICO activities and cryptocurrencies.
So taking this all into account, I'd say we are about three quarters of the way there.
Early adoption?! Where on earth did that come from. Bitcoin is way passed early adoption. Since it got onto the mainstream media many people jumped straight away to get Bitcoin. This is what caused the previous price hype.
But saying this we have a while to go. Bitcoin is stored banned by many countries. One of the most recent countries to do this is India, where they banned all ICO activities and cryptocurrencies.
So taking this all into account, I'd say we are about three quarters of the way there.
But saying this we have a while to go. Bitcoin is stored banned by many countries. One of the most recent countries to do this is India, where they banned all ICO activities and cryptocurrencies.
So taking this all into account, I'd say we are about three quarters of the way there.
I don't think we are anywhere close to even early stages of genuine adoption. Bitcoin and other cryptocurrencies have been pure speculation so far. They are not used in commerce as a means of payment. And to me, this is the only adoption that really counts in the long run. Crypto is more like dotcoms of the early 2000's now, and whether it won't end with nothing is not set in stone either. As much as I myself would like things to be different, we should face the facts and not live in a sort of pipe dream.
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