Bitcoin Forum

There is a Forbes article that compares the current crypto landscape to growth of internet saying that it is like 1994.
so in that case, Amazon of crypto is being formed this year or is just starting off, Google of crypto is still 4 years out and Facebook of crypto is still 10 years out. do you believe it is like 1994 in crypto?

if you wish to read, here is the article: https://www.forbes.com/sites/apaul/2017/11/27/its-1994-in-cryptocurrency/#4d5a76aab28a

This is a very interesting article, thank you for sharing... I think that market in 2018-2019 will make clear coins that will survive and become "BIG ONES" and others that will fall...

yes i also think we are going to see True survivors this year and next year.

A very interesting comparison. I also find something similar here.

This.  there is a lot of shitcoins in the top 100 of coinmarketcap, a lot of shit is going to fall, crash , and burn.  sUrvival of the fittest.

yes very interesting, especially the part of emails in 1994- bad interface and only viable product at that stage.

Thank you, this comparison is very interesting. I also believe the widespread of Internet and how easy it is to get crypto nowadays, the growth of crypto is going to be faster and of course, its market cycle is going to be shorter.
Hundreds of years for stocks growth but with cryptocurrency market, I could see it somewhere between 20-30 years.

Interesting article. Nice write up. Crypto has entered a stage where investors are becoming wiser. Investors has moved from white paper based projects to projects with established businesses and proven products.

We are in the early development stage and only serious minded projects will survive.

Nice article and with the table comparing of where are we right now and the past with 1994.  There's somehow similarity way back then on 1994 ages and the technology from that year up to now. It's not enough to say that we are still early but the growth of internet from the past years are quick and it can be also the same thing with cryptocurrency.

Interesting comparison. I like this quote .

good article but im not sure we will be able to compare E-mail growth to decentralised crypto
because E-mail had no technological rival other than paper mail but decentralised crypto may very well have a rival soon,
a centralised variant run and controlled by governments and banks.

The article brings to mind the war between Betamax and VHS and how both formats were battling for the same space,
something centralised and decentralised crypto will not really be doing, those who dont like the control of banks etc. will always side with bitcoin etc.

anyway here is another fun article about tech wars between rival technologies -
http://home.bt.com/tech-gadgets/betamax-vs-vhs-and-three-more-hard-fought-high-tech-format-wars-11363979948999

I believe it to be so as the acceptance and adoption rate of internet in 1994 and state of cryptocurrencies now is the same. I don't think the amazon of crypto will be formed this year though, it might have been already formed. Who knows it might be ethereum or any other coin out there? In terms of google and facebook of crypto though I also think that it hasn't been released yet. Thanks for the article btw, it is a good read.

yes there is something between all this similar, but still the differences will be, in order to be unique)) :)

i guess time will tell. yes i think Amazon of crypto could be already out, but i think in the next 1-2 years many will fail in order for us to have a glimpse of what Amazon of crypto is. as you say it could be Ethereum

certainly , only 5% of the world's population know something about cryptocurrency.

I like very muche this articles.

"....Like email in 1994, Bitcoin provides value today.  It can consistently and securely transmit monetary value across the planet and also provides a censorship and judgement-resistant store of value.  Like email in 1994, Bitcoin is a robust technology ready for widespread use,  """.

Hold Bitcoin and altcoin . The revolution is starting

I really hate the Forbes website with a passion, first that annoying 'skip' thing and then they divide a small article over multiple pages.
The article was mildly fun to read, but articles like these are pretty common.

I mean I've read about that exact same sentiment dozens of times, it always boils down to the same thing.
That we are still early adopters and that most people still don't trust cryptocurrency.

Actually there are also lots of video on youtube which compares crypto as new internet and also some compare crypto price surge with .com boom which might pop up in future like .com boom.

It is true that cryptocurrency is still in primitive stage and there is lots of room for growth, at some point every people might start to use crypto for payment settlement just like how every people are now using internet on daily basis. 

No I think it is far away from 1994, market is still very little, I think it is just a crash like the one in 2013, not bubble. This may happen after 2020

Thanks for your article, it's quite interesting, but I think that the crypt develops a little differently and it's not worth comparing these two processes.

I think that lately the growth of the crypt has been suspended, we can observe a decrease in the growth of capitalization in the last few months.

it could be yes. We're still at the very early stage, not many people understand what crypto can do except wanting to invest and earn millions over night, but that's not the actual use case.//

Many people say that the cryptocurrency is a bubble, but it has been developing for a number of years and I think that this is an irreversible process

Unable to open link somehow not loading, but its a really interesting comparison, the baby steps of the world wide web, the tentative approach and acceptance, the gradual progress dressed in experimentation and challenging innovative uses, making life simpler, more interesting in truly exciting ways, with global adoption eventually becoming a way of life. If that is a portent for the future of cryptocurrency, i think we can all sit back and dare to enjoy the biggest leap of change.

Lol! some people don't know what technology is. They should have a dip research but for me it was develop more than a decade but the technology that satoshi was invested was truly promising and it would change the new world of currency which we are talking about. Cryptocurrency is the future!

It's very true as this period we're presently in crypto is a period of survival of the fittest. After this bearish trend now we will see solid projects that stood the test of time and those that went away with the trend,

yes i also hate how Forbes extends a short article into 2 pages in order to increase the stay time on the website. that's how they make money but its annoying.

I personally think its really like 1994 to 1997 in cryptocurreny industry. It will grow like shit in next 5 years. Yeah we will see many coins dying but best coins will become like amazon, facebook maybe even google.

Interesting article. As some analysts suggest (and I agree), time in crypto world runs quicker compared to stocks or other conventional means of investment. It is often presumed that 1 year in crypto equals 4 to 6 years in stock market. Therefore, I think we will see google or facebook of crypto much sooner than in 10 years.

Only after a big crash, new crypto system will born; probably controlled by governments, financial institutions and banks.

I think a total freedom in crypto is a dream. If government controls, regulates the exchanges, the game is almost over.

Until that time, earn as much as coins, tokens to convert into $$$$s with profits  ;D

The capitalization of the cryptocurrency has actually increased since the day of its appearance, but now are the hard times. which we all need to survive..