Equivalent Network Time

[Kong Hey Pakboy]

I usually hear people say they regret not getting into Bitcoin earlier and how they should have paid more attention to it when they first heard about it then or five years ago; but in reality, anyone who is aware of Bitcoin now is still a very early adopter, and ten or five years from today, anyone who buys Bitcoin now would be most likely significantly up on their investment.

Bitcoin's scarcity model is one of the most important qualities of the network.it not only increases the value of the asset, but allows it to grow without becoming inflationary, as the shortage in supply compensated the equivalent increase in first value.

Thank you for saying that but I don't think that ten years fit the title for an earyl adopter because it ten years, I would probably say that they are in the middle, I think there's a time that is only limited to people who are really early adopters. The scarcity is also amplified by the hype, increase in population and advance in technolgy.

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[Upgrade00]

Thank you for saying that but I don't think that ten years fit the title for an earyl adopter because it ten years, I would probably say that they are in the middle, I think there's a time that is only limited to people who are really early adopters. The scarcity is also amplified by the hype, increase in population and advance in technolgy.

If you consider the diffusion of innovation model, you'll find out that ten years can easily fit into the early adopter period, especially when there is still an enormous room for larger scale adoption. Bitcoin has the potential to be around for tens or hundreds of years from now.

Only a very few percentage of the population have been actively exposed to Bitcoin and fewer companies or businesses accept it. I believe those in now are still very much early adopters.

[Lucius]

Only a very few percentage of the population have been actively exposed to Bitcoin and fewer companies or businesses accept it. I believe those in now are still very much early adopters.

Some research has come to the conclusion that about 5% of the world’s population has come into some contact with cryptocurrencies, but here it should be taken into account that many invest in altcoins exclusively. I would even dare to say that the first 20 years may be considered a period in which anyone can be called an early adopter, at least in the sense that it is a period in which a 99% circulation supply will be achieved.

After that, there will be only 210 000 BTC left for the next 100+ years of crypto mining, and all focus will shift to trading because the new mined BTC will no longer play a big role in the supply chain.

[aysg76]

Some research has come to the conclusion that about 5% of the world’s population has come into some contact with cryptocurrencies, but here it should be taken into account that many invest in altcoins exclusively.

The crypto investment and market came into hype last year as exchanges witness global surge in user base like coinbase and Binance trends show that there was estimated increase of 15-20% of crypto users and billion dollars investment were made in this hype.But many choose the wrong path and get eroded with fake sentiments and invested in so called altcoins in hope of gaining huge profits in short span of time and it was their mistake.Many DeFi projects and tokens also got listed which got their attention and funds flow from btc to altcoin market but as soon as they learn from fund loss they get diverted to bitcoin again as this is best and adopted by all.