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Author Topic: Are we still "Early Adopters"?  (Read 2606 times)
megynacuna
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October 19, 2018, 09:53:05 PM
 #21

Well it depends on what the op means by 'early ' because mining is already extremely difficult and so anybody wishing to mine bitcoin is already late. Investors on the other hand could be classified in between early and latecomers whereas mass adoption is still in the early phase.
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October 19, 2018, 10:05:05 PM
 #22

in truth, it all boils down to semantics. different folks will have different ideas about what "early adopter" means. i would certainly say we're still in the "early adopter" phase. even though most people have heard of bitcoin by now, very few people have actually bought or used it.

Try to image 10 years from now...It will be comparable with 2009 "early adopters"?

comparing to 2009 is a stretch IMO. i think that BTC will be worth millions of dollars apiece someday. but the rise from here to $1MM is tiny compared to the rise from $0 to $6000 in terms of percentage growth.

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October 19, 2018, 10:08:49 PM
 #23

I'm glad to know your opinions about that...


Try to image 10 years from now...It will be comparable with 2009 "early adopters"?
yes we are, only few people in the world knows cryptocurrencies and blockchain i mean some know it by tje name only but they dont understand it they just heard it like if i ask my friends about it they dont know anything on it, only on or 2 % of thw world population understand it, so its a long way to go,. for us

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October 19, 2018, 11:19:04 PM
 #24

Well it depends on what the op means by 'early ' because mining is already extremely difficult and so anybody wishing to mine bitcoin is already late. Investors on the other hand could be classified in between early and latecomers whereas mass adoption is still in the early phase.
I wouldn’t say that we are called early adopters because even with mining, the difficulty rate is so extreme that coupled with power usages it’s barely profitable but there is a way we can be called early adopters that’s if Bitcoins reaches $1,000,000.

 
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andika2018
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October 20, 2018, 12:52:08 AM
 #25

Bitcoin mass adoption still not happen in most country in the world. I am believe we still can call us as early adopters. Bitcoin early adopter when bitcoin come out at 2009, right now must be enjoying their self and must be already rich.
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October 20, 2018, 03:29:42 AM
 #26

The fact that only few people in the world knows about and uses cryptocurrencies prove that we are still in its early stage. When is this going to change? We never know. Maybe the crypto world will expand in 5 years, maybe it will take a decade. Who knows.
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October 20, 2018, 03:52:15 AM
 #27

I believe yes since crypto still isnt widely used all over the world. Some people doesnt even have a clue what crypto currencies are. Crypto still has more to offer and will bring more in the future.
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October 20, 2018, 04:22:07 AM
 #28

I'm glad to know your opinions about that...


Try to image 10 years from now...It will be comparable with 2009 "early adopters"?
I think we are still early adopters. Bitcoin is still not recognized by people as a real money. So we still have a lot of BTC savings until it gets people. And become legal in other countries and demand is increasing.
I think so because before many people get to know about crypto currency existence I am able to earn from it. It is still early because it is not widely uses before but now it can use even we pay on offline stores. The price is lower now which gives opportunity to everyone to buy huge volume to hold and get profit when the price recover. The number of users and demand is increasing, hope that helps to improve the price in the market.

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October 20, 2018, 05:21:18 AM
 #29

If compared to 10 years to come, I think the price of bitcoin is already very high. Because from year to year many people know and hold on to bitcoin. It could be that the price of bitcoin will be very expensive in the future.
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October 20, 2018, 06:31:20 AM
 #30

It's actually hard right now to be considered as an early adopter because it has already been almost 10 years now since the release of the bitcoin network.
The price also has been raised so much since the beginning of 2009. It depends on the time and price of the bitcoin now. If bitcoin survives in the long run then we will be considered as an early adopter.
If the price of bitcoin raises more than it is right now then we will be considered as early adopters.

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October 20, 2018, 09:59:15 PM
 #31

I'm glad to know your opinions about that...


Try to image 10 years from now...It will be comparable with 2009 "early adopters"?

Today we can use Bitcoin as a payment method in few places where are not important places. Most of the money depositors do it for earning some USD and the only goal is paper money. If Bitcoin could not be measured with paper money, it wouldn't be as thematic today. Apart from making money people need to understand that Bitcoin is more valuable than it looks. So my opinion is that we are still in the early adaptation.
I am aware that so many things was changed, plenty of users, dozens of exchanges. But it's too early and still needs a lot of change.
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October 20, 2018, 10:14:33 PM
 #32

I think so, particularly in terms of the relativity of the crypto space market and how much more gigantic this could get, considering that this technology is really going to take off.
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October 20, 2018, 10:26:22 PM
 #33

I'm glad to know your opinions about that...


Try to image 10 years from now...It will be comparable with 2009 "early adopters"?
i am not early adopters, but maybe only adopters. Because i join this business when bitcoin is quite high for me, and it will really affect for crypto community. But i will support bitcoin as long it still exist.

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October 20, 2018, 10:41:00 PM
 #34

The crypto space has evolved a lot from 2009 to date, but we still av a long way to go. Considering the fact that the rate of adoption isn't really significant, we can safely say we're still the early adopters. I'll refer to those who got in around 2009 as the forerunners. Grin
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October 20, 2018, 10:51:12 PM
 #35

I'm glad to know your opinions about that...


Try to image 10 years from now...It will be comparable with 2009 "early adopters"?
We are still early adopter of of bitcoin or cryptocurrency because all of us now is starting and although many people know about Bitcoin/cryptocurreny We can't say that 100% in the world use bitcoin/cryptocurrency so I can say that it's not to late for them because we are on starting line.

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October 21, 2018, 12:04:14 AM
 #36

Very interesting guys! Smiley

And, in your opinion, Bitcoin can be used as worldwide currency in the next 10/15 years?
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October 21, 2018, 02:36:10 AM
 #37

Considering the depth and the potential of the Crypto system, we are still the "Early Adopters", even though it has been more than 9 years that the Bitcoin is in the market. It is still not recognized by the majority of people on earth as a currency and it has to go a long way to achieve that.
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October 21, 2018, 05:32:49 AM
 #38

If we are talking about Bitcoin in seperate way to the cryptocurrency I will consider that we are not early adopters because early adopters before can get bitcoin easily for free unlike now even you spent a year or decade you cannot get 1 bitcoin for free.

But if we will talk about cryptocurrency in general I can consider that we are still early adopters because there are lots of projects that hasnt been made that will give us the chance to get a coin with a cheap price and wait for that project to boom in the market.

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October 21, 2018, 05:54:20 AM
 #39

in truth, it all boils down to semantics. different folks will have different ideas about what "early adopter" means. i would certainly say we're still in the "early adopter" phase. even though most people have heard of bitcoin by now, very few people have actually bought or used it.

Try to image 10 years from now...It will be comparable with 2009 "early adopters"?

comparing to 2009 is a stretch IMO. i think that BTC will be worth millions of dollars apiece someday. but the rise from here to $1MM is tiny compared to the rise from $0 to $6000 in terms of percentage growth.

what you say is more like being on the ground floor which was 2009 and price of practically $0. and now we are still early adopters because bitcoin is not yet at that final mass adopted stage where we can say the adoption rate will now slow down drastically and with it the price rises. we are far from that actually which makes us still early adopters.

another thing that i would like to point out here is the risk of being an early adopter. people nowadays only focus on the profit they have made without looking at the risk. someone who spent time mining bitcoin in 2009 or bought bitcoin with real money later one when it was worth something like $0.01 was taking a huge risk compared to someone who is buying bitcoin now that it is an established currency at $6000

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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October 21, 2018, 07:15:22 AM
 #40

Bitcoin has the capacity to rise in price as time goes on, so I believe that even the people who are buying bitcoin presently will still be referred to as early adopters in years to come. Same way we are making reference to year 2009 today is same way people will refer to 2018 in future.
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