Are we still early adopters? Or did that pass after 2010/2011?

[600watt]

great thread. great curves. thank you.


we have reached now the market cap of rovio.


they are the inventors of a similar breathtakingly disruptive technology :


fkn ANGRY BIRDS


please note:
we are in the earliestpossible stage of "early adoption"

[1714786737]

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[1714786737]

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[mskryxz]

Where are we now on this curve 

[neochiny]

People say we missed the train... but yet most people don't understand what bitcoins are let alone even know about it, and its still in it's early stage. Some say it has potential to increase in value 1000x more... but some say that will never happen. So do you guys think people who invest now are still the "early adopters"? Why can't I ever be a part of explosive gains??

early adopters?
for me i dont think so that we are still early adapters.
since for me i can say you are early adapters when you buy
or get you btc when it is only below $100.
but even saying this.. i think bitcoin prize as of today  is
still immature. but this is only my speculation.
so still goodluck to us.

[Hunyadi]

IMO we are innovators. Bitcoin is still difficult to use and there are only few users. The technology is still being built.

[Q7]

I don't we are in the category of late adopters nor are we the early adopters. Considering the price right now in 2015, 240 is still considered cheap as some sizeable fund can still get you a lot of bitcoin. But we are not considered early as well. The biggest luxury enjoyed by the early adopters is the low mining difficulty part.

[Cconvert2G36]

I don't we are in the category of late adopters nor are we the early adopters. Considering the price right now in 2015, 240 is still considered cheap as some sizeable fund can still get you a lot of bitcoin. But we are not considered early as well. The biggest luxury enjoyed by the early adopters is the low mining difficulty part.

During the dark days of 2012, there were several times where it made much more sense to buy coin vs mine it, even at those low difficulties. Obscurity and death by irrelevance was quite palpable then. Almost sounds familiar, but back then we had the soothing salve of being unknown to the cruel outside world. 

[Hunyadi]

I don't we are in the category of late adopters nor are we the early adopters. Considering the price right now in 2015, 240 is still considered cheap as some sizeable fund can still get you a lot of bitcoin. But we are not considered early as well. The biggest luxury enjoyed by the early adopters is the low mining difficulty part.

During the dark days of 2012, there were several times where it made much more sense to buy coin vs mine it, even at those low difficulties. Obscurity and death by irrelevance was quite palpable then. Almost sounds familiar, but back then we had the soothing salve of being unknown to the cruel outside world. 

Yep, usually it has been better to buy than mine.

[LMGTFY]

I don't we are in the category of late adopters nor are we the early adopters. Considering the price right now in 2015, 240 is still considered cheap as some sizeable fund can still get you a lot of bitcoin. But we are not considered early as well. The biggest luxury enjoyed by the early adopters is the low mining difficulty part.

During the dark days of 2012, there were several times where it made much more sense to buy coin vs mine it, even at those low difficulties. Obscurity and death by irrelevance was quite palpable then. Almost sounds familiar, but back then we had the soothing salve of being unknown to the cruel outside world. 

Yep, usually it has been better to buy than mine.

I was mining through late 2010 and most of 2011 - CPU for 1 block, then GPU for ~15 blocks. Even back then people were saying it made more sense to buy BTC than mine it, and they were right. The amount of money I spent on a GPU I could have bought 400 BTC and avoided any increase in electricity costs. Instead I mined 800 BTC and sold most of them to pay for electricity (and the GPU). It was a useful experience - I learned a huge amount about Bitcoin in general, and mining in particular - but it wasn't the most cost-effective way to obtain BTC!

Difficulty was much lower back then, but so was BTC/USD.

[Saksham]

I think that the time of explosive gains by bitcoins is passed forever and will never come back again. But some trading with altcoins and some pumps and dumps can give good profits, at least it is safer than gambling though.

[Biodom]

I think we're only just leaving the "Innovators" phase ATM. Once mining is out of the general public's hands we'll be in the "Early Adopter" stage.

We are still the "lunatic fringe" slowly getting to become 'innovators'
Say, 1 mil bitcoiners is still 0.015% of Earth's population or 0.1% of OECD countries.

[dothebeats]

I still consider myself as an early adopter, given that bitcoin is still in its infancy and not much businesses are present that accepts bitcoin. I wonder what the scenario would be when we reached the early majority phase.

[600watt]

damn, those were the days...

[--Encrypted--]

taking the total of bitcoin mined into consideration. I think mt gox sped up the train a little bit. 2015 would still be very early if mt gox didn't happen.

[LFC_Bitcoin]

Bitcoin may not succeed and become what we want it to be but.....

Considering the % of the worlds population that are aware of & own/use bitcoin then I'd say we could still be early adopters.

If bitcoin doesn't succeed then you can totally forget what I've said but if it does then even owning 1 bitcoin could make one a very rich man. This is all pointless at the moment though because we don't even know if bitcoin will gain mainstream adoption.

[1Referee]

Bitcoin may not succeed and become what we want it to be but.....

Considering the % of the worlds population that are aware of & own/use bitcoin then I'd say we could still be early adopters.

If bitcoin doesn't succeed then you can totally forget what I've said but if it does then even owning 1 bitcoin could make one a very rich man. This is all pointless at the moment though because we don't even know if bitcoin will gain mainstream adoption.

The current amount of people who are actually using Bitcoin is very low, yes. If you just look at that, then I agree with you that we can still consider ourself early adopters. The thing is that not every one is interested in it while they kinda know what Bitcoin is. For mass adoption there need to be a certain demand for the average Joe's to use Bitcoin alongside fiat currency. If that doesn't happen, then they won't see the need to use Bitcoin.

[spazzdla]

IMO we are innovators. Bitcoin is still difficult to use and there are only few users. The technology is still being built.

Most of use are using it and not building it, thus early adopters.

[newcripto]

Majority of very early adopters have cashed out their holdings at nice profit.Yes,I will say this is second wave of early adopters and Bitcoin still is more something technical than just currency.In few years after widely adopted and accepted then we will see real value which will be surely high than now.So we can say ourselves early adopters of Bitcoin.