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Author Topic: What stage of adoption is Crypto currently at?  (Read 2681 times)
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January 23, 2018, 10:05:37 AM
 #1

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?
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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January 23, 2018, 01:35:51 PM
Merited by kryptqnick (2), U2 (1)
 #2

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).

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January 24, 2018, 03:37:32 AM
 #3

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?
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.
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January 24, 2018, 04:31:46 AM
Merited by kryptqnick (2)
 #4

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?
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.

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January 24, 2018, 11:40:58 AM
 #5

Very early adoption - half of the alctoins with high market caps have absolute NO product. Think about that for a moment!
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January 24, 2018, 12:26:28 PM
 #6

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?

Definitely not. Most people already know what cryptocurrency is. Even my friends at uni are already talking about and have a chat group for it LOL. This is unheard of in 2013. Take a look at this picture



I think we're already at stage 4 — maturity. People who joined recently are considered late majority. One thing, I really hope we don't have to see the decline of cryptocurrency in our lifetime. There are still a lot of things to be developed in crypto, a lot of innovation could be made, so that cycle of adoption could always be renewed/revised.
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January 24, 2018, 12:58:36 PM
 #7

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?

Definitely not. Most people already know what cryptocurrency is. Even my friends at uni are already talking about and have a chat group for it LOL. This is unheard of in 2013. Take a look at this picture



I think we're already at stage 4 — maturity. People who joined recently are considered late majority. One thing, I really hope we don't have to see the decline of cryptocurrency in our lifetime. There are still a lot of things to be developed in crypto, a lot of innovation could be made, so that cycle of adoption could always be renewed/revised.
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.

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January 24, 2018, 01:39:58 PM
 #8

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?

Definitely not. Most people already know what cryptocurrency is. Even my friends at uni are already talking about and have a chat group for it LOL. This is unheard of in 2013. Take a look at this picture



I think we're already at stage 4 — maturity. People who joined recently are considered late majority. One thing, I really hope we don't have to see the decline of cryptocurrency in our lifetime. There are still a lot of things to be developed in crypto, a lot of innovation could be made, so that cycle of adoption could always be renewed/revised.
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.



























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January 24, 2018, 07:44:05 PM
 #9

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.

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January 24, 2018, 11:21:33 PM
 #10

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.
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January 25, 2018, 01:02:04 AM
 #11

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.
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January 25, 2018, 01:44:39 AM
 #12

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).

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.
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January 25, 2018, 07:09:24 AM
 #13

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).

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.
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January 25, 2018, 10:56:06 AM
 #14

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?

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.
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January 25, 2018, 01:13:33 PM
 #15

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).

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.

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.

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January 25, 2018, 02:03:38 PM
 #16

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.
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January 25, 2018, 07:09:39 PM
 #17

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.
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January 25, 2018, 07:23:46 PM
 #18

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.

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.
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January 25, 2018, 08:24:18 PM
 #19

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

 Smiley Smiley Smiley
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January 25, 2018, 11:18:50 PM
 #20

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?

Definitely not. Most people already know what cryptocurrency is. Even my friends at uni are already talking about and have a chat group for it LOL. This is unheard of in 2013. Take a look at this picture



I think we're already at stage 4 — maturity. People who joined recently are considered late majority. One thing, I really hope we don't have to see the decline of cryptocurrency in our lifetime. There are still a lot of things to be developed in crypto, a lot of innovation could be made, so that cycle of adoption could always be renewed/revised.
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.

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.

 
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