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Author Topic: What stage of adoption is Crypto currently at?  (Read 2678 times)
iv4n
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May 08, 2018, 06:31:54 PM
 #161

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.
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?

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May 08, 2018, 07:21:58 PM
 #162

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.
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May 08, 2018, 08:44:10 PM
 #163

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)
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May 10, 2018, 02:12:44 AM
 #164

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  Wink
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May 10, 2018, 09:31:33 AM
 #165

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.
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May 10, 2018, 10:54:00 AM
 #166

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.
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May 11, 2018, 03:22:34 AM
 #167

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.
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May 11, 2018, 03:30:43 PM
 #168

Most of the altcoins at this state has no products and that is not worth it.
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May 12, 2018, 11:17:25 AM
 #169

There should be no declination to crypto currency and we must not witness that in this life.
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May 12, 2018, 02:50:34 PM
 #170

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

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May 13, 2018, 12:01:14 AM
 #171

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.
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May 13, 2018, 08:33:53 PM
 #172

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.
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May 13, 2018, 08:59:13 PM
 #173

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.

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.

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May 14, 2018, 01:35:58 AM
 #174

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.

 
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May 14, 2018, 04:19:21 AM
 #175

A lot of people are aware what crypto currency is and they are investing in it.
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May 14, 2018, 12:32:05 PM
 #176

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.
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.
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May 15, 2018, 01:16:31 PM
 #177

Those who took the risk at that time has really worked it out and got paid.
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May 15, 2018, 09:04:05 PM
 #178

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.
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.
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.
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May 15, 2018, 10:27:15 PM
 #179

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.
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May 17, 2018, 02:03:09 AM
 #180

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.
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.
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