Are we still early adopters? Or did that pass after 2010/2011?

[Dafar]

People say we missed the train... but yet most people don't understand what bitcoins are let alone even know about it, and its still in it's early stage. Some say it has potential to increase in value 1000x more... but some say that will never happen. So do you guys think people who invest now are still the "early adopters"? Why can't I ever be a part of explosive gains??

[PenAndPaper]

We are definately early on. Actually bitcoin is still geeky even among geeks and some mainstream coverage every now and then haven't changed that.

[JakeGold]

I think we're only just leaving the "Innovators" phase ATM. Once mining is out of the general public's hands we'll be in the "Early Adopter" stage.

[Dafar]

Nice chart but are you sure buddy? It looks like we're finishing the early majority phase and going down hill for a while


 

[dominicwin]

We won't know for a while I think. Technically speaking, I'd say early adopter still at this time.

[bryant.coleman]

There are less than a million people who own significant amounts of Bitcoins (i.e more than equivalent of $500 in BTCs). If we talk about an extreme-bull scenario, then we can expect more than 1 billion people owning Bitcoins (may be by 2030). So that makes all of us "inovators".

[Martijnvdc]

"early" is relative.
To other bitcoin people, someone from 2013 is late to the game.
To the rest of the world, we are early adopters...

[PenAndPaper]

There are less than a million people who own significant amounts of Bitcoins (i.e more than equivalent of $500 in BTCs).

Do you have a reference for that number? It looks way pumped to me.

[bryant.coleman]

There are less than a million people who own significant amounts of Bitcoins (i.e more than equivalent of $500 in BTCs).

Do you have a reference for that number? It looks way pumped to me.

Just a wild guess... Read somewhere that there are some 3 million BTC wallets.. Calculated based on that. 0.1 million to 1 million might be an accurate range?

[beetcoin]

I think we're only just leaving the "Innovators" phase ATM. Once mining is out of the general public's hands we'll be in the "Early Adopter" stage.

agreed, still very early.. maybe we're in 1996-1997 in terms of the internet. bitcoin is not going to be as ubiquitous as the internet though. what i like about bitcoin is that most of us are regular nobody/joes.. so it has a grassroots feeling.

[Dabs]

1 Bitcoin = $10,000.00 USD in about 5 years. Maybe less. (Maybe more.)

[maurya78]

We are still amongst the early adopters I think but that phase is slowly ending

[bitcoinpsftp]

One can only hope that we are still very early.  I saw bitcoins for the first time when they were at 50 dollars each.  I wanted to invest but didn't... Now I bought my first coins a few days ago

[freedomno1]

Either exiting innovators moving into early adopters
Or exiting early adopters and transitioning into early majority over the next year or two

[Mondy]

Early adopters!

[Birdy]

Nice chart but are you sure buddy? It looks like we're finishing the early majority phase and going down hill for a while

This chart is about the number of people involved in the technology, not about the Bitcoin price.
While Bitcoin may fail before reaching early majority, you can be sure it hasn't reached it yet.

[Phinnaeus Gage]

One can only hope that we are still very early.  I saw bitcoins for the first time when they were at 50 dollars each.  I wanted to invest but didn't... Now I bought my first coins a few days ago

If purchased at ~$900 USD, in about two weeks, or more, you'll recognize a positive ROI.

[Hawker]

I think we're only just leaving the "Innovators" phase ATM. Once mining is out of the general public's hands we'll be in the "Early Adopter" stage.

I see us at the low end of the Innovators curve.  There are 7 billion people on the planet and while Bitcoin has some press exposure, there are essentially no users yet.  Even if a tiny island somewhere adopted Bitcoin, the value would shoot over $10000 instantly.  As for what would happen if a particular industry or a large economy started using Bitcoin, I'd get repetitive strain injury from typing zeroes.

[Laosai]

early as i said

[Xavanthi]

I think it's impossible to tell what stage we're at. Face it guys, we all know where we want to see BTC going, but nobody knows for sure what the future will bring... If I do have to put BTC somewhere on that graph, I'd say we're nearing the end of 'innovators'. We're there because BTC is getting media attention and new people (not just geeks ) are gradually joining in. These new people often don't have a full grasp of the whole BTC concept though, so to put us in 'early adopter'-phase, I'd say we need some more general awareness of what BTC actually is and how it works, not just knowing it exists and investing because people smell easy money (which it not really is anymore, one coin has become too expensive for that...).

So in my opinion, the only way is up and you're still really early if you join in now. Where this will end (if it ever ends, let's hope it doesn't) is impossible to tell though. One coin might we worth 10k in a few years, it could very well be worth peanuts in a few months. Rollercoaster ride baby!