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Author Topic: What stage of adoption is Crypto currently at?  (Read 2681 times)
jonhsongotti
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July 16, 2018, 02:25:07 PM
 #181

Now, The cryptocurrency market is going through a difficult period. The Altcoins are being dump and devalued. But I still believe that the mayor will return and thrive at the end of this year, just like at the end of 2017  Wink Wink
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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Rocktop044
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July 16, 2018, 05:55:08 PM
 #182

I think we are past the period of denial and skepticism.
Most people are now convinced of the authenticity of bitcoin and crypto currency in general.
We could be at the stage of global integration.
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July 17, 2018, 12:55:17 PM
 #183

Considering the amazing features, world population and use cases of Bitcoin, I feel in my own opinion that Bitcoin is still at it's early stages of adoption, this area is relatively new and many people are still trying to come to terms with what BTC is all about. In the nearest future this attitude would change for the better.
handsofgod
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July 17, 2018, 01:32:16 PM
 #184

I'm think  Crypto right now on the way to grow after august ETF. They are several interesting projects right now on which I'm focused on. Kelvin Blockchain one of them, have you heard you it?  Huh
berfanaf
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July 23, 2018, 05:38:57 AM
 #185

Considering the amazing features, world population and use cases of Bitcoin, I feel in my own opinion that Bitcoin is still at it's early stages of adoption, this area is relatively new and many people are still trying to come to terms with what BTC is all about. In the nearest future this attitude would change for the better.
It has not been that much time for this world to be familiar with the crypto currencies and that there is a huge population in this world who is still unaware of the crypto currencies and that because of which, not so many people are in a mood to adopt the crypto currencies. I think so that the crypto currencies are still in their early stages of the adoption and that it will take time for them to make their name.

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July 26, 2018, 11:51:19 AM
 #186

Not that early I tho, 2002-2004 I guess. Grin I'm willing to invest in This project, what's you thoughts on it?
tonysitaly
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July 26, 2018, 12:58:58 PM
 #187

It's not an early stage now, in the past year is the rapid development phase of bitcoin, a large number of investors into the market, in the next few years I think that a large number of industries used the phase of encrypted currency.

Siminarota
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July 26, 2018, 03:05:35 PM
 #188

It is hard for anyone to answer this question at some stage depending on the world economy and many powerful countries that have an impact on the cryptographic market. In my opinion, the future of cryptography will grow and it will not be easy for them to collapse
fight-T
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July 26, 2018, 03:14:33 PM
 #189

The crypto market is currently experiencing some legal restrictions. So, as I see it, the market is beginning to legalize legal regulations. As long as this is done, the market can move into strong growth.
yayat
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August 08, 2018, 09:18:57 AM
 #190

Maybe now is not the initial adoption but now is the golden age for future financial advances in Cryptocurrency.

Many people believe that future finance will be replaced by Cryptocurrency.
buy_crypt_sell
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September 06, 2018, 10:08:16 PM
 #191

In the beginning. There is no regulatory legislation in this area. Some countries simply banned cryptocurrencies. But in the future, everything will fall into place, and the cryptocurrency will be fully legalized.
acheampong64
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September 06, 2018, 10:19:44 PM
Last edit: September 07, 2018, 05:26:20 AM by acheampong64
 #192

I think I can say we're in the "test of blockchain use cases." currently, blockchain is being tested by companies and various governments. The implementation of blockchain has been rampant this year and I think in some few years to come we'll experience the best use case of crypto ever.
Harrisonimo
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September 06, 2018, 10:40:07 PM
 #193

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 believe there is a structural plan as to how the adoption and adaptation stages of the bitcoin phased was going to be. Now with the development of dips reoccurring in the bitcoin, I believe the real essence of the stage we are in will soon explain itself.

Finestream
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September 06, 2018, 10:48:12 PM
 #194

In the beginning. There is no regulatory legislation in this area. Some countries simply banned cryptocurrencies. But in the future, everything will fall into place, and the cryptocurrency will be fully legalized.
I agree.I think we are already heading in the middle of adoption stage since more and more countries are already aware of the existence of cryptocurrency and its potential benefits.Though some countries have banned cryptocurrency,but let's admit the fact that the development of crypto is now becoming inevitable to most of the countries.

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September 06, 2018, 11:11:16 PM
 #195

We are yet to reach crypto adoption stage, before we reach that stage, blockchain technology must have been adopted in governments which will pave way to the usage of cryptocurrencies.
Bonsaiav
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September 06, 2018, 11:26:09 PM
 #196

Bitcoin is moving towards the initial stages of global adoption slowly but surely. Where now almost everyone hears and talks about it, especially bitcoin. In our country especially internet users, they are already familiar with bitcoin, even children as young as 11 years old they already understand it. Maybe, in the next few years the crypto currency payment system will be applied legally, the same thing as the fiat currency that we use in our daily lives.

Gaquaduonier
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September 09, 2018, 03:16:00 AM
 #197

Bitcoin is at the early days of massive adoption. Now this could have grown much high in value with large number of user network.
fattyforhire
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September 09, 2018, 07:02:40 AM
 #198

I would not say that we are in the initial stage of introducing bitcoin. Yes, the technology is still very young, but a lot has been done, the whole world knows about cryptocurrency. That's good.
bitvelk
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September 09, 2018, 07:26:59 AM
 #199

It seems to me that only in the last few years bitcoin is gaining really large-scale popularity. And we don't know how many more years it will take to fully implement it, but we are on the right track.


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Fafabol
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September 09, 2018, 07:31:19 AM
 #200

it is currently in a progress of crypto adoption in some countries.Some countries are starting to adopt cryptocurreny as an altermate currency upon using in different transactions.Mobile banking and online shopping are examples of todays crypto adoption which needed some restrictions and guidelines for purchasing and using cryptocurrencies as mode of payment.Governments may seek a financial advisers or a group of people who carefully study and understand the nature of cryptocurrency for them to make it adopt and legalized formally.
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