At what price point per BTC will it be too late for the average person

[relentless1]

Hello everyone,

I feel very late to the party with BTC. I have know of it for a couple of years but ignored it. Now I'm super sold and ready to buy my first coin. $4k is huge but not impossible for me. At what price do you feel its too late to own 1 full BTC for the average person?

I'm not interested in owning micro or milli coins.

How much time do we have left until its becomes proper main strain?

Can someone tell me where we are on this chart please?

http://www.valuebasedmanagement.net/images/picture_rogers_adoption_innovation_curve.gif

[AGD]

Buy 0.1 BTC if you can't afford 1 BTC. I think you will never be too late. You might need to wait a bit longer depending on the buying point, but I would call it a good long term investment.

[relentless1]

Thank you. With the S Curve Theory, would you say for those that are IN now, are innovators or early adopters?

[AGD]

Thank you. With the S Curve Theory, would you say for those that are IN now, are innovators or early adopters?

Buy in at any point and buy more when it falls. It doesn't matter how you call yourself on the way up.

[TheButterZone]

It'll be too late once 1 satoshi/BTC0.00000001 is worth more than the smallest unit of fiat currency.

[Iranus]

"The average person" is a pretty meaningless term.  A lot of people will never have access to $4000 worth of savings that they can put into BTC all at once.

I'm not interested in owning micro or milli coins.

Why not?  People should buy as much as they're willing to spend in fiat.  The BTC price at the time is irrelevant to how much you're prepared to buy.

Can someone tell me where we are on this chart please?

Depends how you're defining BTC.  As the original vision, a "digital cash system", we're still in the innovator phase, since the vast majority of merchants don't accept BTC and those that do still only have a small amount of their purchases in it.

If you're defining it as a store of value, then probably still in the innovator phase but perhaps bordering on the early adopter phase.

The mistake that people make is thinking that a high market cap is a high number of "ordinary" people investing "ordinary" amounts.  The reality is that there are still whales who hold huge amounts of coins because they bought in earlier, so it's hard to say even roughly how many users there are.

[Schuyler]

For as long as bitcoin can be bought in fractions, there’s no reason to believe that it is too expensive. The value will just keep rising into the future, but if you start buying in small fractions regularly, you might find yourself with a substantial amount 10 years from now.

[xskl0]

Buy 1 Bitcoin Cash

[nexus99]

It's never really too late. It's not necessary to buy a whole bitcoin, you can start out with a good big part of it and make a handsome income on it.
It will probably go on increasing in price, so of course it will be harder for the average person to own 1 BTC. In some years probably those with 1 BTC will be considered well-off people. If the price goes on rising, that is

[tiggytomb]

I was in a similar situation when bitcoin was in the hundreds I thought that there was plenty of time to buy in, I don't think it will be too late to buy in, not in the next few years anyway. 

When it get to the levels of $10k then perhaps for the ordinary person working a 9 to 5 job it might become out of reach but there is always the chance to buy in at 0.01 or 0.001 and so on.

[wuvdoll]

Yes, I’m one of those that left their full-time employment to go into Bitcoin.
My full-time job wasn’t paying me enough to feed myself, talk less of taking care of my family. When I saw a Bitcoin job that can pay me more than I get from full-time job, I decided to quit and go for the Bitcoin job. And now I’m living a life that is better than before.

[spazzdla]

$500,000.00

[kotbi]

The way to think about it is that you will have 100 million satoshi. People coming late will only have a few of them. Many people will not afford 1 satoshi in future.

[RodeoX]

Well it's just money. It is never too late to use money. Bitcoin was never intended to be an investment. If you want something that will go down in value over time you want U.S. dollars. They have lost about 93% of their value since they were introduced. So just stick to dollars and you will be poor in no time.
 

[European Central Bank]

i don't think i know anyone who has $4000 spare to throw into buying one bitcoin so right now in my world it already is too late.

that's no bad thing. we need to get used to smaller units.

[jayc89]

The way to think about it is that you will have 100 million satoshi. People coming late will only have a few of them. Many people will not afford 1 satoshi in future.

If they can cover the costs for the transaction fee for Bitcoin then they could afford it. The price of Bitcoin might not be looked at as something that will go up in value at that point because there won’t be that many people that can afford purchasing that many coins and there might not be that many people trying to sell it since Bitcoin might be a decentralized turned centralized thing by then.
A dollar for a single satoshi would be nice if the transaction fees were free, there’s also Altcoins that will allow Bitcoin to get sent under 1 sat.

[mobnepal]

How much time do we have left until its becomes proper main strain?

Can someone tell me where we are on this chart please?

No one can answer that question and any answer you might get will not be precise one.

we are still in early adopters phase but I don't think bitcoin price will follow that line chart you have. Bitcoin price is not only accelerated by hype/speculation there is real demand for bitcoin so we can expect a gradual straight upward line for bitcoin.

$4k is good entry point, good luck with your investments.

[cramcram21]

I don't really think that there would be a time to be called too late to invest in bitcoin even if you're just an average person,
The reason is if you can't afford a whole bitcoin you could always buy Satoshi or its smallest amount .

[Thekool1s]

Well it's already too late for an average Joe living in a developing country, 4k is a lifetime of savings for some of these people, so they won't risk investing in something which they can't touch. It's definitely out of reach of approx 1.5 billion people at least from around the globe imo. Think it like this, most people in developing countries live on 3-5$ per day. That is around $150 per month approximately, take out their expenses and you hardly get any savings. So you are still lucky to get a full bitcoin imo.

[jak3]

well, i think Bitcoin already out reached average person right now because reaching 3000usd in not very easy for everyone.people want to buy a house and Bitcoin is like the small portion of that high amount of money right now. so people either will choose to invest or to save more than they are using it to create new kinds of stuff. users are not gonna increase the production of sites and software in more scale than previous years.