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Author Topic: Are we still "Early Adopters"?  (Read 2606 times)
VivianJacob
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October 23, 2018, 06:58:01 AM
 #81

Yes, I think we are the pioneers in using bitcoin or investing in it, because this is only the first stage of bitcoin, yet many do not know much about bitcoin or  they know but know wrong. So we are called "early adopters", we realize this opportunity soon, then we will make a profit from this great opportunity.
kiemponxs
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October 23, 2018, 07:20:37 AM
 #82

Currently we are new users, because there are still many who do not know Crypto, but I am sure that crypto in the future will be more developed and many countries will legalize and make it a daily transaction tool, because the world will be more advanced and crypto is digital money that will be used for daily transactions in the digital era.

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October 24, 2018, 04:35:31 PM
 #83

In a way we are still early adopters. The world has not embraced cryptocurrency as a whole. It expected to have mainstream acceptance in the very near future.
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October 24, 2018, 04:52:48 PM
 #84

We may be early adopters if what we all hope to happen to crypto world really happens: and that is worldwide adoption. In that case then we can say we are early adopters in that crypto world will grow massively and by then we might have known how best to navigate around and may have gained some advantages over many.

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Saunder2018
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October 24, 2018, 05:03:38 PM
 #85

Well we are, we are kind of early adapters. The mass acceptence of bitcoin globally still didn't happen and it is expected to be in the future but not now.
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October 24, 2018, 05:03:57 PM
 #86

If you look at the number of businesses that accept bitcoin and the number of countries that have legalised bitcoin, you will find your answer. We are still in early stages.
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October 24, 2018, 05:04:22 PM
 #87

In my guess we still are. It may seem the time has been long but how many people are eager enough to use it? The number of transactions made will give you the proper idea where we are standing.
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October 24, 2018, 05:49:10 PM
 #88

We may be early adopters if what we all hope to happen to crypto world really happens: and that is worldwide adoption. In that case then we can say we are early adopters in that crypto world will grow massively and by then we might have known how best to navigate around and may have gained some advantages over many.
I agree, when we are talking about wide spread of adoptions we are still part of those early birds knowing that there's billion of people around the world and  the [percentage of those who are engage with crypto industry is still small, we are lucky if we take this opportunity and learn much deeper about this system, if the real essence of this digital currency will be fulfilled both inside investment and become a currency which will be accepted around the globe, the amount of gains will still be huge if we start now.
Gary Levanevskii
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October 24, 2018, 06:24:12 PM
 #89

I think blockchain and cryptocurrency are still too young. It also has to go through several children in order for cryptocurrencies to reach a new level of popularity.
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October 24, 2018, 06:33:51 PM
 #90

In 2009 in the early stage of bitcoin and crypto that time was hard because it was a new idea and it was very hard for us and for the users as well that whether it will run in the future or not people will be trust it or not and the investors like now were thought impossible as now the envirronment is very good and it is easy

grbox2002
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October 24, 2018, 06:37:22 PM
 #91

Don't see how we currently any one can be called early adopters. True early adopters don't question if they are, they are talking about how they are pioneering something new. We have seem multiple bitcoin booms and busts. OMG BTC reached 1 dollar each. OMG BTC at 266 dollars. OMG BTC at 1,000. OMG BTC at 20,000! There is a history of Bitcoin article on Wikipedia. There have been multiple (thousands) of alt-coins. Multiple forks of Bitcoin. There are people on the street who know about Bitcoin but would give you a blank stare if you said Satoshi Nakamoto. We have gone from
CPU -> GPU -> FPGA -> ASIC mining. There are multiple million dollar mining operations being formed. We are old enough that people either don't know or have forgotten Bitcoin's history. We are just around the corner from a Bitcoin ETF and your Grandmother being invested in Bitcoin...     
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October 24, 2018, 07:17:07 PM
 #92

We may be early adopters if what we all hope to happen to crypto world really happens: and that is worldwide adoption. In that case then we can say we are early adopters in that crypto world will grow massively and by then we might have known how best to navigate around and may have gained some advantages over many.
So you are saying that if the world does not accept bitcoin or other crypto currencies, we are no longer "Early Adopters"? What kind of logic is that. Early adopters are those who got in early and invested on crypto currencies. It does not matter if the world adopts it on later stage or not. They are still the early adopters.
It hasn't been a decade since bitcoin has entered the world. Bitcoin and other crypto currencies still on its infant stage and has a lot to develop. We already "invested" ourselves to crypto currency while others are still waiting on it for further development or to see what happens next before they start adopting crypto currencies. Thus we can consider ourselves as early adopters.

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October 24, 2018, 07:21:33 PM
 #93

The cryptocurrency technology is still evolving, as it is yet to spread to the world globally and a lot of development is still in store for the community, therefore we qualify to  be term as still part of the early adoptors, therefore we must ensure we are strategic in our approach and invest into BTC in order to enhance it's existence.
bloodyvio
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October 24, 2018, 10:21:29 PM
 #94

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 can still be called an early adopter
because bitcoin is currently still not recognized and approved by the government
they are still drafting a law to regulate bitcoin
when bitcoin has been approved, that's when there are no more early adopters
*IMO*

grbox2002
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October 25, 2018, 05:01:21 AM
 #95

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 can still be called an early adopter
because bitcoin is currently still not recognized and approved by the government
they are still drafting a law to regulate bitcoin
when bitcoin has been approved, that's when there are no more early adopters
*IMO*

So does a US approved Bitcoin ETF count? Because that has a decent chance of getting approved... next month.

Bitcoin is recognized by governments because many current exchanges have to follow anti-money laundering regulations.. KYC, CIP, etc...
Early adopters were exchanging Linden Dollars for Bitcoin, getting whole bitcoins free from faucets, or even buying on MTGOX (Magic the gathering online exchange) prior to the first big run up to
30 USD. Bitcoin currently has a roughly 100 billion dollar market cap, similar to NIKE, Volkswagen, UPS. At the peak Bitcoin market cap was around 300 billion similar to Visa, Wells Fargo, and Intel. If you invested in Visa or Wells Fargo now would you consider yourself an early adopter?
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October 25, 2018, 05:16:20 AM
 #96

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 so, because base on surveys only less than 5% knows bitcoin with random interviews, some knew it but they only know the word but they dont understant what it is and they dont own one because they are afraid of something that they dont know.
dewildance
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October 25, 2018, 05:19:29 AM
 #97

Expectation about Bitcoin price ATH shows us a 2020-21. So we can call early adopters ourselves. Bitcoin will reach at least 100K. So we are only level of 6K. About 13-14x from here.
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October 25, 2018, 05:20:44 AM
 #98

Yes If we are looking for around 10 years in crypto then we are really early adopters and If everything goes well, we will see everyone will be adopting crypto and we will be there to guide them and we will know all the things.

It feels awesome isn't it?
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October 25, 2018, 07:00:54 AM
 #99

yes u R as long as you don't sell them
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October 25, 2018, 07:14:11 AM
 #100

I don't think we are early adopters anymore. Bitcoin went very much mainstream at the end of the last year.

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