What stage of adoption is Crypto currently at?

[rickadone]

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.

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.

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.

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[fabrizoc]

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.

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.

[carodupuis]

The government and bankers are fully behind this, that is why major countries are not banning Crypto. The community is building a cashless society and platform that would have taken them 50 years to build. Both the ladder will promote crypto (indirectly) until we are closer to a cashless society. However, with that said, there is still a lot of progression and profitable assets to made.   

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.

[Daimon88]

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.

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.

[Lora_ng15]

I think we have made great strides, the crypto currency is becoming popular and more and more people are learning about it.

[Rizky Aditya]

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.

[Captainfalkar]

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.

[CarltonWyatt]

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!

[Webetcoins]

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.

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.

[Ashleybarnes2]

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

[Btcschool]

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?

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.

[Mastsetad]

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.

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.

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.

[kolinko]

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.

[Visbay]

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

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.

[Harper6]

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

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.

[Tenderino]

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.

[the13thsymphony]

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.

[BlueStackz]

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

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.

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.

[wandino]

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

[dutchkay]

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.