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
Topic: What stage of adoption is Crypto currently at? - page 7. (Read 2717 times)
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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).
Very much agreed. There is a lot of buzz around the inevitable adoption of blockchain technology as a secure payment method of the future in almost every service and setting, agnostic of specific cryptocurrency. Check out this article/video from Robert Herjavec with his opinion...
https://www.robertherjavec.com/blockchain-technology-here-to-stay/
Just wanted to know where you guys think we are. Are we still in the early adoption stage?
We are not yet facing the adoption part, but antagonism if we take Governments and some active regulatory bodies into consideration. If we talk about ourselves, we've already adopted it as one of the major parts of our life and people like me try to save more and more as we know now that this is the future. Those who (hardly) don't know about Bitcoins yet, will surely be one of the most unluckiest persons in this world in future (you'll see in 2020).
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At what stage of the dot com era would you put us at? Dial up lol?
We're currently at the stage when "internet" got viral and started being used as "wildfire".
Just wanted to know where you guys think we are. Are we still in the early adoption stage?
We are not yet facing the adoption part, but antagonism if we take Governments and some active regulatory bodies into consideration. If we talk about ourselves, we've already adopted it as one of the major parts of our life and people like me try to save more and more as we know now that this is the future. Those who (hardly) don't know about Bitcoins yet, will surely be one of the most unluckiest persons in this world in future (you'll see in 2020).
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At what stage of the dot com era would you put us at? Dial up lol?
We're currently at the stage when "internet" got viral and started being used as "wildfire".
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.
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Everyone has his own way of looking up at the things and then he makes the assumptions based on his own perception.
so are you saying that your statement is only based on your perception?Quote
. 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.
1% is too little enough. i mean for me in my own views , i see that bitcoin is now verry popular and every people on the planet is posibly heard of it and recognized it, not only in online world but also in offline environments because there were many services right now that accepts bitcoin in terms of payment method. overall i would say there are 45% Of the population are now aware with bitcoin or cryptos.Quote
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.
i agree on this, i also heard many times that people keep saying that bitcoin is still on its infant stage and we can still expect more of it in the future. I guess there were still many developments that may occur soon.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.
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. 
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.
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.
I agree with you.
We are still in stage 2. Crypto is still getting introductionin the world. Moreover people talking about it doesn't imply they adopt it yet. When the market cap of all crypto is in trillions of dollars then we are off stage 2
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 saw a graph of the adoption rate of new technologies. In it there is a slow start and then an explosion in price. The price then capitulates into what looks like a popped bubble and this usually last for a very long amount of time. I feel like this lull period was between 2014-2016 for bitcoin. After the lull the wider community begins to warm back up to the technology and the public begin to accept the technology.
I think we are at the very start of the trend of the wider public beginning to adopt the tech.
At the very present moment, the market growth rate is not that much as it must be or as we all are expecting to be but still most of the crypto currencies are actually doing exceptionally well and they are quite comfortably making some good name in the international market too. Most of the crypto currencies are at their early stages of adoption and all of them are striving hard to go to next level. I think we are at the very start of the trend of the wider public beginning to adopt the tech.
Such a revolutionary technology can not be implemented in one decade. This particularly applies to financial calculations, the money supply. This region generally does not tolerate anything new. I would say that we are on the introduction of crypto currency not at the initial stage, but not further than its second stage. The process of introducing crypto currency into our lives will be long.
I saw a graph of the adoption rate of new technologies. In it there is a slow start and then an explosion in price. The price then capitulates into what looks like a popped bubble and this usually last for a very long amount of time. I feel like this lull period was between 2014-2016 for bitcoin. After the lull the wider community begins to warm back up to the technology and the public begin to accept the technology.
I think we are at the very start of the trend of the wider public beginning to adopt the tech.
I think we are at the very start of the trend of the wider public beginning to adopt the tech.
I think bitcoin is not an adoption it just a only way to earn more profits to solve his or her basic things easily when comparing to other ways to earn because it takes time solve your basic requirements that's why I'm saying this .
I saw a graph of the adoption rate of new technologies. In it there is a slow start and then an explosion in price. The price then capitulates into what looks like a popped bubble and this usually last for a very long amount of time. I feel like this lull period was between 2014-2016 for bitcoin. After the lull the wider community begins to warm back up to the technology and the public begin to accept the technology.
I think we are at the very start of the trend of the wider public beginning to adopt the tech.
I think we are at the very start of the trend of the wider public beginning to adopt the tech.
Bitcoin is in its early days of wide spread. In this time each and everything associated with cricket is not that expected. More compromise talks were organized, but the lack of knowledge made my mind stay out of the virtual life.
I consider our community is slightly accepted by majority but doesn’t mean by the higher ups only those ordinary citizens around the globe. It’s already be a good standing even without the total support by the government, we’re good enough to call our situation successful. But we need more than that, were aiming for something bigger than us.
I will call it as in the early stage of its adoption as most of the people have started investing in crypto market whole the others are getting to know with every passing day. This crypto market has a way to go and that it will keep on flourishing in the coming years as well and a time will come when all the governments will also consider them as their basic need in order to make the economy strong.
I think we are pre-adoption stage still. The massive number of exchanges is like the dot com selling boom. There will be resistance and doubt and bumps, as with impending regulation. But that is the path for new technology. The dot com bubble burst but now we can't live without online sites. Same with cryptos.
Agreed! It has not been so long for this world to be familiar with the concept of crypto currencies. In fact, still there are number of people who are unaware of the word of bitcoin and crypto currencies. Bitcoin is at its early stage and that it will take some good period of time for the bitcoin to make its more effective name in the international market and to make people trust this thing. Imagine if you got into Facebook or Microsoft at the beginning and became a part of something incredible.
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From my own standpoint I'll say that the Bitcoin system is still far from being the standard or universal way to pay or substitute our form of currency. However, it is also a great thing that Bitcoin user demographics are steadily going up and more and More people discover it's advantages. Here in my country, honestly only a few percentage of people know Bitcoin; I think being a third world country plays a part with that. I really hope the Bitcoin system would be continuously improved, I even envy those people who invested early on Bitcoin as they now have truly reaped the benefits from it. I personally give it about 3-5 years from now to say Bitcoin being a full blown standard way to pay for our needs and wants. Hope that day would come in the near future.
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