Bitcoin Forum

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?

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).

The ones that invested when bitcoin was very cheap were part of the innovators, they took a risk and it has paid off, I think we are in the end of the early adopters, people that were able to get bitcoin for reasonable prices, from now on it is going to be impossible for the average person in the world to hold a bitcoin, not even in first world countries middle class people have 10k around to invest in bitcoin, so in a few years or a decade I think we are going to see the age of the early majority.

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.

Very early adoption - half of the alctoins with high market caps have absolute NO product. Think about that for a moment!

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

https://cdn-images-1.medium.com/max/1600/0*GmxyqvhX-WogD1jf.png

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.

When we do talk about bitcoin existence awareness including altcoins in the market then we are on stage on where it is already becoming the trend and i do believe we are still on the middle where theres still people which doesnt even know cryptocurrency exist. We are not on early adoption stage since bitcoin is already 8 years but one thing is rest assured this thing will really go further. Choosing on the visual i can say we are on stage 3.

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.

We are not in early stage or matured stage of adoption but we are in growing stage because if we look back the early stage only few knows about bitcoin, if we take it as matured stage then every countries and people in it should be familiar on bitcoin but that is not the case, so still we are in the growing phase. In the next generation when everyone comes online we will near the matured phase of adoption.

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.

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.

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.

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.

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.

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.

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.

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.

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.

2018 is the year of ICO and the boom of Cryptocurrency.Grab a chance to be a Millionaire.

 :) :) :)

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.

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.

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.

Tell them there are other coins, if you want to make a fortune with a small amount of money then there is no doubt that it is too late to invest in bitcoin but there are good coins out there and if they are willing to take risks then they could invest in icos, tell them that if they do not do it now the market can become more regulated in the future and they will need to offer their information for KYC just to have the possibility to invest.

Yes, bitcoin investment is not possible with a very low initial investment amount so the new investors can invest in the newly coming crypto coins as they will give them a huge profit.  This new coins are in their initial stage and will grow very high in the future.

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.

Good point. Apart from exchanges and serious investors there are already some ATMs in European countries. In Budapest, for example, there are 2 ATMs where one can exchange btc/ltc/dash and some other coins for huf (or euro, not sure). This means that coins are becoming more and more real, closer to being considered real money. I've never heard of Friendster and so lots of people have no idea cryptocurrencies exist. And yet they will learn it one day. The difference is that social networks can change, whereas bitcoin is likely to live and be #1 forever, even though some other coins might become very popular. I think bitcoin is facebook and always will be it.

Knowledge plays a very vital role in the world of crypto and this is the only thing which will decide your future. If you managed to learn all the necessary things which you do need to learn, then there is nothing to be worried about and you will be able to have some good revenue in return. Moreover, you also need to make the right decision at the right time based on your skillset and experience.

As long we would able to make money then having altcoins would really be the answer and yes we do have the same views that we are on the 3rd stage which we do eventually see on crypto market. We are growing even more because of new projects/alts being launched which do offer unique service or ideas which would really contribute into something.Adoption will continue until to stage 4 but it will surely takes time for us to go there.

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.

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 think we are at the middle stage of adoption which is the growth of bitcoin is still soaring even sometimes there is a dumps. And accompanied of the growth of bitcoin we are at the adoption and acceptance for a blockchain technology.

In the US, places that are "cash only" are pretty rare - so many places take credit or debit.

Right now, crypto is like "cash only" so pretty early.   And BTC has been so wild both in price and transaction fee that IMHO, it's not dependable.

When we can use crypto at like half the places I'd say that would be pretty good.

The US may not be the best example because Asia has had cellphone-based payment for years and it is just starting here in the US.

This article has some useful info on the Global Markets & where Crypto is.  It is a few months old, but it gives you an idea of where we are at.   

http://www.visualcapitalist.com/worlds-money-markets-one-visualization-2017/

Were are just at the first step of a big ladder we still need to go a long way.Bitcoin was found to be used a currency but I don't think people using it a currency yet because it is not accepted as a means of payment in normal day to day usage.So it needs some more years to adopt fully to the crypto currency system.But crypto currency is spreading all around the world rapidly due to price fluctuations of bitcoin.But many people afraid to accept it as a currency due to volatility in its price.So we will use the crypto currency as a currency when the prices are sabilized at some point.

Supermine said it right. We are in the early days of cryptocurrencies as a whole. Try going out of your house and see if you can find a BTC accepting store near you. You found none? Of course you did. Thats because theres less than 5% of the world's population use or own cryptocurrencies.

They were closing registrations because there was an influx of spam accounts. Bitfinex reported something like 100,000 accounts opened in just a few days. Anyway, new account at an exchange has little if anything to do with real adoption. Speculation is not what Bitcoin now desperately needs. It needs real life adoption and there it sucks massively, sorry for that. And I don't think that LN is likely going to mend matters here because it won't affect volatility. It is volatility due to Bitcoin's speculative nature that prevents it from being used as a payment method.

This infographic is worth little next to zero without at least one real scale reference.
Let's take time factor and add current 10 years as a scale of reference.
We quickly realise that its pointless, this would mean that cryptos are already over, we know this is not true.
Besides two years per stage seem like to small sample ergo bad science.
This is very advanced tech we are talking about here, we have to treat it, just like the computer industry.
Look how many years where needed to achieve 1computer per household (we are not there yet - but close) and correlate this to blockchain in fintech...Now, lets use 100 years scale, this would lead us to 10-20years per phase and now, now its starts look more real, more connected with our reality. We are still in the phase1. or at least that's my opinion.

Between stage 1 and stage 2, early developing, researching and introduction. We are not far from that, bitcoin is maybe one stage faster then the others but they are all still here, do you see how bitcoin is dropping and others are following.
With 100 years scale we are at the beginning, and all people here are early adopters, its how I see this situation and global adoption. Maybe many people heard about it, but many more will have to join. And look at the bitcoin, last year after so many people joined we had network breakdown, transaction fees to the moon, networks couldn't handle all this new people, there is so much work to be done more, we are at the start of it.

Speculation is an aspect of any market, so whether we like it or not, it will always play an important role. I however agree that we need more adoption in form of actual usage, but the thing is that Bitcoin at this point doesn't really stimulate that as you (in a less subtile form) also pointed out. No need to say sorry, it's just your way of expressing.

It will matter, and in a significant manner as well. It actually surprises me that you don't see that. Currently the next few aspects are what bothers people, and at the same time prevents Bitcoin from becoming a mainstream phenomenon that it deserves to be.

1) high transaction fees.
2) slow confirmation times.
3) low number of transactions that it can process per second.

LN tackles all above annoyances that people 'suffer' from in today's market, and will stimulate people to transact with each other far more than we can imagine right now. In other words, LN is a major adotion booster, that's a fact. Regarding using it as payment to purchase goods and whatnot, I more or less agree that it won't change very much in that aspect. It has partly to do with the volatility, but the main point is that people don't want to spend something that can jump up significantly in value the next day. That's something we have been dealing with for years now.

I can only say that we are in the middle; we are either at the early stage and we are not also at the ending stage. Since the evolution of bitcoin, we should have been in the ending stage with a stable price but unfortunately, the market manipulation by some whale investors and the banning of bitcoin in some countries is what might have pulled us back but not to worry, we will get there.

Couldn´t it be a good thing if people are reluctant to spend Bitcoins, because they are worth
more in the future? Several economists argue that assets like Bitcoin actually change people´s time
preferences from a high-time preference to a short-time preference. With a short-time preference
people actually think more of the long-term and increase their savings.

One could argue that this would be beneficial for the individual, because having savings protects from
sudden loss of income and also beneficial for society, because it would decrease the ubiquitous overconsumption.

You didn't come up with anything new that I haven't heard already. The points you list are not what affects volatility as an obstacle to wider adoption. Besides, the way you claim it as an established fact clearly reveals that you don't quite understand what's going on with Bitcoin on a larger scale. LN can make people transact more but it is not an adoption booster. I mean adoption as in real economy, not for speculation purposes. But it is doubtful even for speculation because there are a bunch of top altcoins which don't have these issues and did it boost adoption? In other words, it will mostly be the same people that will transact more, if at all.

I think we are at an adoption stage right now. It's very experimental overall though. We have a lot of coins coming up and they're testing whether or not blockchain is right in the field that they pursue.

The recent dips are definitely harming the adoption phases. The only reason I don't think we're in an early adoption phase is because a good amount of people know about crypto and it's uses. They can spread the word. However, not enough people know the depth of crypto. The recent drops just make people gasp at the idea of using blockchain technology even though that doesn't really have anything to do with currencies.

As the CEO of bitcoin.com said bitcoin price recovering to 9.4K now. We will find the price bumped to 10k USD for sure. If you want to make the profit you can wait for more days to sell but for buyers still this is the good to time buy the bitcoins now.
i have found 10 percent growth in the chart. Now no more drops see the price chart and invest on it.

True, the fact there is a lot of money invested in bitcoin and alts does not mean that we have reached any kind of big adoption, I have yet to see a single store in my country accepting bitcoin and if I saw it I will buy whatever they are selling just to support them, I still think we are below 1% when it comes to adoption, so this should be very telling because once we reach 5% or 10% I think we are going to see a chain reaction in which most stores will begin to accept bitcoin.

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.

We are in early stage,not many know what is blockchain or crypto they only heard about bitcoin as it was used in many negative scene and recent price spike cause a attention to it.it will take time for everyone to know it and take an interest in it ,as startup and mnc are adopting blockchain crypto name will spread and we will get a good user base.but for current user it is more than rare gold as after 25 year crypto will be on a different level and we will be early adopters.

The below incidents support bitcoin and other crypto currencies reach everyone from every corner. Mostly, news on pumps and dumps and correction do reach everyone. Every day a new investor starts looking at crypto coins to invest as they the history of crypto assures them of huge profit. Secondly, news on Governments banning and adaption of bitcoin and other crypto currencies in their respective countries. This largely opens up eyes of everyone. This moment tends to draw people 's attendtion towards crypto currencies and bitcoin.

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.

Bitcoin in 2009 , I'm a new horn in 2018 but I still consider myself as part of the early adopters in 2018  ;D. My reason is that I have the opportunity to start investing in altcoins and make it big. Bitcoin started with less than a dollar & there are coins with such prospect.

My point is that, the awareness of cryptocurrency is growing in strength, reaching different nationalities. Soon, we are going to hear different nations adopting it as means of financial transactions which will lead a regulation process. So, in as much we are yet to have regulation , I see myself as early adopters of digital currency.

I know good times awaits this great financial innovation .

On a large scale we are not even close. However, I still want to believe we are going to be getting past the adoption phase pretty soon. Is it not becoming obvious ?

First, some investors are still scared and looking to see if it is right to get in or not, some have taken the bold step, institutions gradually are stepping, the LN will increase the speed of transactions and make bitcoin even more usable, once we hit those stage, we are going to even be getting past the growth phase, so for now, I will say we are just there in between the adoption and growth phase.

some of the major exchanges that have closed new registrations indicate that. enthusiasts of bitcoin adopters have been very passionate and the facts that have been presented about it. and 1 year is a very short time to be able to wait

Where not even close since their are some people still afraid on investing with it since the government are the one who's creating some panic and spread some news that crypto's are scam/illegal. But we cannot literally say on what phase are we since we are in the middle of nowhere right now since theirs no huge institution covering/backing it up.

In my opinion i think bitcoin is now at an early adoption stage for institutional investors as individuals we have already adopted this technology is waiting for prices to soar and possibly make some money from it.

Do not think it could be now in initial stage because already last year it has become most popular search on google as well and all the worldwide it was a hot discussed topic. though after few countries on verge or deciding to place a ban this has impacted the btc and rest of the countries people are already investing in it. Yes if officially the country legalize it then then adoption rate would definitely be much better than what it is today.

I think bitcoin is in a stage where it becomes a one hit wonder then eventually lie low. But because of the burst of its popularity, this means we may say that almost all of digital natives must have heard or read about bitcoin. We could also say that bitcoin is still in adoption stage, because as we can see, people are just starting to engage themselves in cryptocurrency.

Right now bitcoin is at the start of widespread, because individual investments have been found good and its time for institutional level of adoption which is to make large scale changes in the market as well leads to widespread. Possibly by the next halving can expect majority of the people at least know about bitcoin.

People wont easily trust bitcoin or on any things online specially when its not backed by the government plus having a false claim or fuds which would really worsen the situation even more this is why adoption cant really reach out on its full scale but well as long it is being considered it has still lots of space to progress on.

Nope, bitcoin is not at the start of widespread. I can't give an appropriate term for what I'm thinking but it's not the start.
And institutions found it risky to invest to bitcoin, they are aware of things that are going on to bitcoin howbeit, adoption and awareness is starting to increase yearly.
2020? considerable year.

Proper use bitcoin is must because this thing will increase the price and the profit, you are right that price of bitcoin is low and it is all because people are panicking bitcoin, which is not good for the internal market growth of bitcoin. If we will spread the news of bitcoin among all people then it will increase the number of investors and with the number of investors price will increase automatically. It is now stage when people should buy and promote bitcoin because it is not so high right now.

I hope you are right, while I have not being holding my small amount of bitcoin for as long as many people in the forum I cannot wait any longer I want to see bitcoin making a great and visible progress, while having a high price is nice I still do not see bitcoin being accepted anywhere, people in my country despite the high prices show no interest in bitcoin so it is painfully slow the progress bitcoin is making every day.

There cannot be over-consumption. First, you should understand one thing that bitcoin is limited in supply. Secondly, real life usage will issue in more demand for the currency as people only do not see it only as an asset or speculative one, but something that is always going to be needed and used without having to convert to fiat and transaction between anyone anywhere in the world is going to always happen with the speed of light.

Adoption would have been a little bit of years back, but for now we are a little bit past that but not very far from it. So far, we are already growing, so I will assume that is the stage we are. With the number of altcoins popping up every day and the number that is already on ground doing well, we have gotten past the adoption stage generally for cryptocurrency or just a little bit between the adoption and growth stage.

These two things, Bitcoin as a speculative asset and as a currency, seem mutually exclusive to me. To say it differently, unbridled speculation prevents Bitcoin from being used as a fully developed currency due to high volatility. But, on the other hand, if Bitcoin was stable as rock and ready to be used as a means of payment, it would be no more interesting to speculators, which strive for volatility.

No it is not the reason for price that is getting down main reason for bitcoin price to get down is because we don’t know that how much we will have to invest and how much we will have to save, I mean to say people are not educated with bitcoin  so they need to know the time to selling and time of getting bitcoin so it will increase the interest in bitcoin then more people will buy bitcoin and hold to to have best return from it, for me it is right time because after that we will get at the high price so it is middle time so invest now.

I feel upcoming G20 meeting will leave huge impact on crypto adaptation in society. Cryptos are here to stay, so do invest wisely.

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.

In my opinion, cryptocurrency is still in the very early adoption stage considering all of the population have little to many experiences to technology. It might be a little hard for people to adopt cryptocurrency since acceptance to change is quite hard to be achieved. Bitvoin might taken a step forward since its one hit wonder stage last year.

Though it has not been a very long time this world has get to know about crypto currencies but the good thing is that in this much short period of time, crypto currencies have actually made a very good name in the international market and is achieving the success at higher rate with every passing day. The way people have started believing in crypto currencies give us a hope that it has successfully cleared the era of early stage of adoption.

Indeed we are on early stage and the peak is not coming yet to us since many people doesn't really find crypto as good ways to earn money from them and many people found this as totally scam, But if there's big merchants or any huge fundings comes and backed up with governments law I think we can see the good result of the bitcoins economic story.

we are still at very early stage, I read some research from top crypto analyst (you can find these on coindesk) and basically he was saying that it will take about 9 years from now to have half of the world adoption!

In my own opinion , I think we are still in the early adaptation. Because as you take a look to the percentage of the number of people who know how the cryptocurrency works. Its never been reach the half population of the world. So it means still a lot of people who have no idea that there is a new born currency. And still money country are still not let bitcoin be legalize.

I think of legalization of the bitcoin to be the best thing and this will help in bringing more name to bitcoin and other than this, this legalization of bitcoin will also help you in making things easier for you. Bitcoin is at its early stages of their adoption but the thing is it is gaining more and more reputation and the fame of bitcoin is continuously increasing, thus helping them in having more money.

I think Crypto is in the boundary of early adoption and growth stage. Within this period a lot of development happens introduction of ICO's, regulation, and recognition from government agency. If the development stage continue at this pace crypto will double the market cap size at the end of the year.

I think we are just in the middle of the adoptoin process. A couple of years ago when BTC was less than $1000 that was an initial stage, now that the govs are considering the cryptocurrencies question, some are banning, some are implementing taxes. Whenever Bitcoin will be legalized and everyone will be able to purchase stuff with cryptos then we can count it as an adoption stage.

And all the scenario you have painted out simply means we are hitting the growth stage. Early adoption to me stopped like in the middle of last year and then we started having a lot of FOMOs most especially for bitcoin. In the crypto space at large, on average, we can say we are still in the adoption phase, but for some of the coins that have been around like bitcoin and the rest, we are pretty much getting to the growth stage and that is even if we are not there already.

I'm a technical analyst, I have been doing technical analysis after 10 years, From my experience, we can say that we are still in stage 2. Bitcoin's Cycle is so big, We can do the worry-free trade. trend and movements in the market will see the trade.....

I believe the early adoption stage has passed. As this isn't completely mainstream yet, it could could be a late adoption stage

In my opinion maybe we are no longer in the early stages, of course 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 cannot be as big as in the previous stage.

Yes I agree. If only some come will let bitcoin come in to their economy in the legal means. Im sure it will bring great help to one's economy. Because many people get interested and then later on they will also encourage to invest. That how huge the impact of legalization of trend currency in one's economy.

I agree with you. I think that after too much volatility in the market, investors should understand that the bad news with the cryptocurrency market is only to bring down the market value so low that speculators can buy crypto at very low prices. I think investors should be more calm in times of market downturn, do not constantly make themselves into prey for whales.

In the crypto world, these adoption phases don't seem very meaningful to me. So far it has been all speculation and there's no real adoption going on. People have been buying crypto with the only intent of selling it later at a higher price. It could be said that adoption is stalled due to speculation which causes excessive volatility. We need a coin which price will be stable (more or less) and not at zero if we want it to succeed as a means of payment. Personally, I don't know if it's possible, ever.

Even myself do say such thing on where i dont already see the true motive on why these cryptos being create.For what reason? People will mostly see this as an investment rather than on an innovation which is sad to think that most of us do think always on making money.We can really blame people since we do need money in order to live and having this kind of opportunity would really caught our attention.All is speculation existing dont know whats the stage since we arent still there yet.

Yeah, change is one thing that does not come pretty fast, and adaptation is always gradual. However, there is always a point in time when that massive adaptation just ends up coming due to some news and some real life usage that ends up making people to see the benefit and how they can easily make use of it in their day to day transactions and at that stage, the mainstream stage, then we are hitting out from the growth phase. For now, we are still very early so we should be thanking our stars.

Technically, Tether fits perfectly in that category, but as you know, to maintain that stability, there needs to be some sort of centralized involvement. The idea itself isn't all that bad, but their lacking openness and direct connections with Bitfinex is what makes them a very shady entity in this market. In other words, as long as coins are decentralized, have a free and open market that everyone can participate in, combined with speculation, stability is something people shouldn't even think about right now. Perhaps that at a later point we'll see exchanges mimic stock markets when it comes to the trigger points at which trading gets halted, but that could take a long while. Let crypto be crypto - if people want stability and don't mind centralized involvement, there is no point in going for crypto. Fiat will always be ready to serve you.

I share the same feelings with you bro. These guys are definitely in the mood to see how they can partake in the crypto cake and benefit a lot from it, so that should be a topic of choice and an important one. The aftermath though is really going to have some pretty good impact in the crypto world as most government will start trying to see how they can adapt and regulate, so that would be another new world entirely for adaptation like you said.

We are still definitely in an early stage. I was reading an article made by someone with some proof with respect to the level at which crypto is in the global market and he finalized that we are not even up to 1% in users compared to the global population, and then I started imagining if we even manage to get to at least 10% of the global population, the level of effect it is going to have. Mate! We are still definitely in the early adoption and very cheap phase in the life of cryptocurrencies.

If you understand that the numbers of people who know cryptocurrency or have adopted it right now are still very few then you will know we are still in the early phase. Sure, it is not as early as 2010 and most definitely as the subsequent years, but If you think because of these little rally we have had, we are past the adoption phase, and then I wonder what you will be saying in the next few decades. We are just starting with the adoption phase and we are not even close to the middle of it yet.

I think people which just heard or know about crypto and those who have adopted it in one way or another are two different groups of people. Besides, adoption itself may mean different things. If most people use bitcoin and other coins exclusively for speculation, which seems to be the case, is it what could be called genuine adoption? Once speculation subsides, for example, due to prices going down, this "adoption" would go away too.

What would you say then?

We are in the stage that crypto as an asset not currencies yet because of that crypto currencies are too volatile so people are using crypto currency for just money making purpose,but we need to adoptto the crypto currency system slowly so we need to encourage crypto currency payment step by step.

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.

The early adoption stage has passed, so this could be like early majority that will be followed by late majority.

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.

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.

Agreed! Bitcoin is still in the early stages of its adaption and the reason behind this is that it has not been so long for this world to get familiar with bitcoin and other crypto currencies. People will accept bitcoin and will invest in bitcoin but the thing is it will take some time for more people to come and invest in bitcoin and to increase the adaption rate of bitcoin. Bitcoin surely holds a bright future and that it will change our lives.

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 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 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 .

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.

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.

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.

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

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.

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.

so are you saying that your statement is only based on your perception?

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.

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.

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).


We're currently at the stage when "internet" got viral and started being used as "wildfire".  :P

We are at a level where we can literally feel that the world has become the global village and the things which were considered to be very very far away once have really got as close as just a click away. And also the methods of doing the same works have become so fast that if we don’t know them, then we end up loosing ourselves. Just like bitcoin, it is a virtual currency but the effects are really very very effective as far as profits, transferring, savings and encashment are concerned.

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/

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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://bitcointalk.org/index.php?topic=3085831.0

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.

Yes, we're so far away from mass adoption that is incredible to think about how high the price is with such a low amount of the population using it, the price will skyrocket when people begin to use it massively this is why many of us are holding our coins, even if you don't have a lot of it you can definitely benefit from it if you are able to hold to that point.

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.

Changes in the economy take time for society to accept and blockchain as well as cryptocurrency. Although this market is getting great support, it still takes time for the whole world to accept it and I believe that day will not be far away. Only projects that are created with breakthrough ideas and practical meaning, then I think the project will be successful.

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.

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.

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.

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.

You do have a point but not completely agree on this matter.There might be already some millionaires on this era because of crypto but it doesn't mean that it is already too late to make yourself to engage with it.If we do try to look at the current percentage of people who are into crypto towards the whole population of the entire world then we are just still on few percentage which means theres still lots of space on potentially to spread out when it comes to acceptance and awareness.

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

Well, beginning stage also have categories, and it is either you are an innovator or an early adopter which we both know that the innovator's stage has passed already anyway. Right now, what we are presently seeing are the early adopters.

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.

Mass adoption when the global population of adoption is still extremely low. We are not even close yet and I may start considering that immediately we get to the growth phase where we hit the mainstream as that is when majority will want to hop on the train and that is really when we should be expecting a huge level of growth. For now, I am sure this is still an early adopter’s phase where bitcoin is gradually getting introduced to the world.

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.

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.

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.

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.

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!

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.

I think we are at the tail end of the early adopters stage!

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.

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.

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.

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.

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.

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.

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.

Adoption as of now cannot be quantified, but we can say there has been ALOT of progress

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

It's still very early but it is really growing in geometrical progression.

I don't think that we are on an early adoption stage. People are just investing on it to get profit and not using it to buy for their everyday needs. I think we are on an experimental stage.

In my opinion we are still in some of the earliest stages of bitcoin, think about it adoption is still not that great there are many people that know what bitcoin is but they have not buy it yet this leads me to believe that the potential of growth of bitcoin is still huge which is why I have not sold my bitcoin yet and even when the time comes to sell I will still look for opportunities to buy my bitcoin back for a lower price.

Bitcoin and the rest of the crypto currencies are doing exceptionally well and that the ones who are investing their money into them are very much satisfied with the earnings they are having because of investing in the crypto coins but still things are not that much well-organized as they should be.

We can call the present era as the early stage of adoption and that with time, things will be even better and the crypto coins will then be more beneficial.

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It is obvious so hard to rate on what stage currently the adoption on cryptocurrency. Because were not in the position of fully adoptation due to lack of implementation to make btc accepts in a payment system. Maybe in the future their will be an improvement happen.

Although a decade has almost passed, we are still at the stage of infancy because only a small percentage know about bitcoin and even lesser for the ones who are using it. Gold has been discovered for more than a century already so compared to crypto, we are in the early stage yet. Although the price of bitcoin has increase tremendously, it has still more room for growth because we are still not at mass adoption. The volatility of the price is a sign that the coins are yet to find its true value. USD has been fluctuating in value before but it has found its stability so it will happen to cryptocurrencies in the future. It might take a few decades but it will happen.

Crypto market has made a lot of progress - exchanges are closed for new membership, market cap is above 400 billion USD, more and more applications are being built over blockchain. Crypto is no more in early stages,it has crossed that stage and still has a long way to go - as governments opposition, not many people still know about crypto are some challenges that crypto has to deal with.

Currently there are a number of very good ICO projects. and this will push the market to the peak thanks to these projects. And this market is in the middle stage, so you keep believing and investing it will be thriving at the end of the year.

It has not been so long for this world to see the crypto currencies and that still there is a huge population who does not even know that any such thing exists. Right now, things are at their early stage and that the crypto currencies are in their early stages of development and that it will take lot more time for the bitcoins to create a better impact in the society as well in the international market.

The way crypto market is performing and is creating such a positive impact in the international market as well as amongst the investors, we can quite easily say this thing that crypto market has made lot of progress and that we can expect for much more better things as well but still, the situation of the market is not that much good as it should be and that the crypto market is in its early stages of adoption.

I agree with both of you, but op has a point we are in dial up stage, things will get hotter in the future. Compare that with moment when 1 btc price reach1 million dollars, we are far from that but in that stage we will be closer to full adoption. Crypto made a lot of progress, crypto is still progressing, but let's not mix technological progress with adoption and popularization of crypto. Many people are still against it, much more people are divided. In advanced countries people can use crypto for many things, but in the rest of the world that still has to come.
Couple years ago for crypto knew just 1-2 % of all people in the world, even less people had some crypto in the wallet, now for crypto many more people knows but how many people have wallet and some crypto in it? Maybe 5 %, maybe a little more?

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.

Id still say we are in the early adopters phase to be honest. If you think about it there still isn't even regulation in the space. A good analogy for me to describe where we are at is when you have an American football game, its common practice to have BBQs before the start of the match. This is where we are.

The rules of the game still are yet to be outlined (the regulations)

And the players playing the game still haven't arrived. (No project minus bitcoin and maybe ethereum are guaranteed to still be relevant in a few years)

in fact, most people know about bitkoin only its name ... they do not know why they need it and do not own it.  so we are maximum in the middle of the road, and possibly at the beginning  ;)

We have moved a little ahead of just knowing the name of crypto,youth have shown great interest in blockchain and crypto but majority of crypto user still don't care about technology ,they are just after profit from investment,there is shift of physical asset to virtual asset as investment but there is long road ahead.different exchange ,regulation,country adoption is great start for crypto.

It depends on a country you live at. Some doesnt have any stage of progression because of illegalization while others are already on a stage where they can use free and wide cryptocurrency given those crypto operated machines.

We are on the stage of getting educated all about crypto activity. Nowadays the number of participants in the cryptoworld is getting higher each day. Therefore we can say we’re adopting it eventually in our present life and even more in the future, we are on computer age now and all informations are easily feed and  spread.

Most of the altcoins at this state has no products and that is not worth it.

There should be no declination to crypto currency and we must not witness that in this life.

They took a risk and that has been paid off and it was a good deal.

If we're only talking about coins/projects with a working product, of which is few, i would say we're at a early Stage 3: "Growth". Much like a child just learning to walk.

Hey gyus! 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. Crypto ouw future. 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 the crypto currencies are developed a lot so people are also needs an improvement and development in their bitcoin uses so many changes need to improve the usage of currencies.

We can integrate any kind of firm with blockchain security encryption. I hope still we didn't reached the ten percent of growth also with the crypto market with normal fiat usage. So if we see the bitcoin after 10 years from now.
That time you can see the real potential of bitcoin and ethereum value in this world. Then level of decimal point we now also may increases mate.

A lot of people are aware what crypto currency is and they are investing in it.

Yes bitcoin is at a good stage where everyone is ready to buy bitcoin and hold as now almost everyone is highly educated to know about bitcoin profit and understand bitcoin features, it is not very hard to earn with bitcoin which is attracting a lot of users to use and earn with bitcoin at present time, increasing popularity is surely because of new technologies and specially because of social media which is playing vital role in development of bitcoin.

Those who took the risk at that time has really worked it out and got paid.

Agree with the above statement bitcoin is at good stage people are involving bitcoin currency for getting huge profit as price is at increasing stage. We are moving to digital age almost every system is suppose to become digital system, so it is good time of bitcoin as it is increasing in price, I have heard about Philippines accepting bitcoin as legal currency and some other countries are suppose to announce of bitcoin as legal currency so we will see bitcoin as globally adopted currency in future.

I think we just moved out of infancy period. 10-20 years from now we will see vast innovation and excelling in BLOCKCHAIN to see  it main adopted. and to reach there a lot of works has to be done.

Yep, I completely agree you guy. Generally, the development speed of cryptocurrency is really fast. Even it takes a big impact to global economy but there are quite few countries accept it and so many countries are trying to reject crypto market as well. That leads to inhomogeneous growth of crypto. Moreover, compare to the exist of fiat, crypto is actually on early stage. Although it’s widespread in all most parts of the world but the amount of people who know it is not crowded enough to make its acceptable widely.

Now, The cryptocurrency market is going through a difficult period. The Altcoins are being dump and devalued. But I still believe that the mayor will return and thrive at the end of this year, just like at the end of 2017  ;) ;)

I think we are past the period of denial and skepticism.
Most people are now convinced of the authenticity of bitcoin and crypto currency in general.
We could be at the stage of global integration.

Considering the amazing features, world population and use cases of Bitcoin, I feel in my own opinion that Bitcoin is still at it's early stages of adoption, this area is relatively new and many people are still trying to come to terms with what BTC is all about. In the nearest future this attitude would change for the better.

I'm think  Crypto right now on the way to grow after august ETF. They are several interesting projects right now on which I'm focused on. Kelvin Blockchain one of them, have you heard you it?  ???

It has not been that much time for this world to be familiar with the crypto currencies and that there is a huge population in this world who is still unaware of the crypto currencies and that because of which, not so many people are in a mood to adopt the crypto currencies. I think so that the crypto currencies are still in their early stages of the adoption and that it will take time for them to make their name.

Not that early I tho, 2002-2004 I guess. ;D I'm willing to invest in This project (https://klvn.io/), what's you thoughts on it?

It's not an early stage now, in the past year is the rapid development phase of bitcoin, a large number of investors into the market, in the next few years I think that a large number of industries used the phase of encrypted currency.

It is hard for anyone to answer this question at some stage depending on the world economy and many powerful countries that have an impact on the cryptographic market. In my opinion, the future of cryptography will grow and it will not be easy for them to collapse

The crypto market is currently experiencing some legal restrictions. So, as I see it, the market is beginning to legalize legal regulations. As long as this is done, the market can move into strong growth.

Maybe now is not the initial adoption but now is the golden age for future financial advances in Cryptocurrency.

Many people believe that future finance will be replaced by Cryptocurrency.

In the beginning. There is no regulatory legislation in this area. Some countries simply banned cryptocurrencies. But in the future, everything will fall into place, and the cryptocurrency will be fully legalized.

I think I can say we're in the "test of blockchain use cases." currently, blockchain is being tested by companies and various governments. The implementation of blockchain has been rampant this year and I think in some few years to come we'll experience the best use case of crypto ever.

I believe there is a structural plan as to how the adoption and adaptation stages of the bitcoin phased was going to be. Now with the development of dips reoccurring in the bitcoin, I believe the real essence of the stage we are in will soon explain itself.

I agree.I think we are already heading in the middle of adoption stage since more and more countries are already aware of the existence of cryptocurrency and its potential benefits.Though some countries have banned cryptocurrency,but let's admit the fact that the development of crypto is now becoming inevitable to most of the countries.

We are yet to reach crypto adoption stage, before we reach that stage, blockchain technology must have been adopted in governments which will pave way to the usage of cryptocurrencies.

Bitcoin is moving towards the initial stages of global adoption slowly but surely. Where now almost everyone hears and talks about it, especially bitcoin. In our country especially internet users, they are already familiar with bitcoin, even children as young as 11 years old they already understand it. Maybe, in the next few years the crypto currency payment system will be applied legally, the same thing as the fiat currency that we use in our daily lives.

Bitcoin is at the early days of massive adoption. Now this could have grown much high in value with large number of user network.

I would not say that we are in the initial stage of introducing bitcoin. Yes, the technology is still very young, but a lot has been done, the whole world knows about cryptocurrency. That's good.

It seems to me that only in the last few years bitcoin is gaining really large-scale popularity. And we don't know how many more years it will take to fully implement it, but we are on the right track.

it is currently in a progress of crypto adoption in some countries.Some countries are starting to adopt cryptocurreny as an altermate currency upon using in different transactions.Mobile banking and online shopping are examples of todays crypto adoption which needed some restrictions and guidelines for purchasing and using cryptocurrencies as mode of payment.Governments may seek a financial advisers or a group of people who carefully study and understand the nature of cryptocurrency for them to make it adopt and legalized formally.

A little more, and bitcoin will reach the peak of popularity. But we need more time for people to form a full-fledged trust in him. And then a new, the best stage of its development will begin-full use as a currency.

Honestly I think we’re just on the cusp of mass adoption. And by that I don’t mean your grandma is going to use it.
Let’s face it, BTC is too slow to replace visa and always will be. Even with bigger blocks, LN and all that....it’s still just too damn slow. Just waiting a few extra seconds for those chip readers vs the speed of the swipe is annoying enough, and even that is still fast and has more capacity than even the most optimistic predictions.

Adoption of new tech in our daily lives is slow and tends to come later. Adoption by business is comparatively lightning fast and FOMO is strong and justified because it’s a dead serious threat to a company’s existence (Ex: Kodak, Blockbuster.)
So yeah, I totally believe mass adoption by business and institutional investors is imminent.

In many merchant in advance country, bitcoin already accepted as payment. The obstacle is on government regulation and i think it will happen in next few years. At this moment, i think we are at early stage of mass adoption

In my opinion, adoption is not actually a problem in ratio of the countries around the world. There are countries who ban bitcoin and cryptocurrencies even they already know that it can help boost their GDP as what other countries have claimed.

While global awareness of bitcoin and other cryptocurrencies might in fact be expanding as more people find out about crypto, it doesn't mean that its adoption as a means of exchange actually increases. These are two very different things, and only the second counts. How many merchants do you know who are accepting crypto directly? Also, recall for how long people have been telling about this global adoption expanding "slowly but surely", for how many years already by now? And we are still somehow in the "initial stages" of it. For how long will we be in that stage, and is there any real improvement or movement in the right direction? To put it simply, are things really developing along the path we want them to be?

I think we are truly amidst the adoptoin procedure. A long time back when BTC was under $1000 that was an underlying stage. Since the legislature are thinking about to boycott digital currencies, attempting to implement  charges. At whatever point Bitcoin will be legitimized and everybody will have the capacity to buy stuff with crypto

If we talk about the whole world, 10 countries (such as the US, Canada, Japan, Switzerland) have legalized a new type of currency. But!!!! I deeply doubt that Russia will do this. Until Russia solves all the problems of foreign policy, it will regard the cryptocurrency as "evil"))) or create its own))

I believe that we are still in the basic phase of development and we don't have even 10% of global population in our user base so there is a tremendous scope for the growth in the coming years and the next decade is going to define the shape of cryptocurrencies for the entire century. It is true that no one can predict the accurate future but I am optimistic about the growth of crypto industry in near future.

Christopher Giancarlo sees cryptocurrencies as a positive economic innovation that needs some not too harsh regulations.

https://coincodex.com/article/2345/cftc-chairman-advocates-for-do-no-harm-approach-to-cryptocurrency/

In the current stage, Bitcoin is in crisis in terms of quantity and value. Crypto market has too much involvement of poor quality Altcoin. That made Bitcoin unstable.

I think, we are currently in a growth stage because if we look back at the initial stage few know about bitcoin, if we consider it as a mature stage then every country and people in it must be familiar with bitcoin. but that's not the case, so we're still in the growth phase. In the next generation when everyone is online, we will approach the mature adoption stage.

At the moment it depends on the development of the country. More developed Europe and North America are actively involved in the development of the crypto market.

Bitcoin is heading for the first phase of global adoption slowly but surely. In our country especially internet users, they are accustomed to bitcoin, even 11 year old children they have understood it. Bitcoin is in the early days of wide application.

Now cryptocurrency is only at the beginning of legalization. Most likely it will take 5 years, at least, when it happens.

Crypto market is still in the beginning of its adoption and there is a long path to walk

cryptocurrency is still in its legal stage of adoption. But nevertheless, it can only get better from here and the world will still make it a globally accepted system which can make way for other opportunities in the global market. Take for instance how the ban placed on countries from using paypal has been ridiculed by the entrance of cryptocurrencies. Now you can exchange anything on the internet and receive your value in a cyber asset which has no restriction and control of a central body, this is really beautiful. Give it a little more years, you will see its positive impact on the global market.

I think we are in the growth phase of Btc. Each year is a different stage of the market, you can track back the price in the past and the present will realize it. If we invest Btc from 2015, now may have become the rich. We need seize the opportunity to conquer the market

We have witnessed a tremendous increase in the use of bitcoin for payments. Merchants are signing up regularly but not yet up to the level where everyone can pay for goods at all merchants location. I am sure that by the time the lightning network is functional, many more merchants will sign up.

Bitcoin is still very young, 10 years old. But at a young age it has shown signs that in the future it will become a popular digital currency. Its characteristics are the acceptance of many countries about payment using bitcoin, and providing bitcoin trading and investment.

We are at the early stage of cryptocurrency adoption, in my opinion. I see that we still have a long way to go in order for merchants across the world to accept cryptocurrency which appeared a little too volatile for them recently.

tryptomer now at a crossroads and either bitcoin or to develop a serious alternative to create that can ruin the investment. if bitcoin survives, it will start abruptly in 2022 after the change of the price for the block.

Currently, Cryptocurrency is still in the pre-development phase, and it is experiencing and experiencing difficulties in this stage. You may find that there are so many troubles in the recent past, so many bad things happen and it needs to be over. This is a required development phase for Cryptocurrency.

Despite the fact that the cryptocurrency has been developing for 10 years, it is still in the initial stage of implementation in our daily lives. But this trend is improving, and it gives hope for the global implementation of bitcoin.

Cryptocurrency still has a lot of work and time to implement in the world. Not all people, countries have a positive attitude to this technology, so it is forced to develop that slowly. But it will happen because this technology is really necessary for us.

Bitcoin is gradually adding momentum and is increasingly being implemented in daily use. There are more and more ATMs, companies that accept it. This means that bitcoin is on the right path of development and it will be a world currency.

Many believe it is already in the "early majority" phase of exponential growth, and that we are on the cusp of full adoption. I wish to temper expectations and introduce more nuance into the equation. It is important that we take a close look on the issue of blockchain adoption from two different angles: investments and technology.

currently crypto adoption has been known by the public
since the case of last year's ransomware virus, the public began to recognize cryptocurrency
and some franchises have started receiving crypto as their payment
this is just an early stage and this is just the beginning

I see the most fundamental cryptocurrency problem nowadays is a legal problem. Because the law gives certainty. Even in some countries crytocurrency is prohibited, this means that for users of cryptocurrency transactions are illegal, and something illegal means breaking the law. This is a problem that can hinder the development of cryptocurrency in the future, because to become a digital currency used globally, legal issues must be clear.

For us to have a digital society, businesses and stores should first adopt cryptocurrencies. Customers will start using bitcoin as a payment if there are many businesses that will recognize it as a payment.