We are still early adopters

[TaunSew]

Point, but couldn't you make a neat chart out of it? My opinion is that it's no coincidence that cryptocurrencies are getting their start right when people are starting to get serious about colonizing space. Someday one cryptocurrency or another is going to be pretty much the standard for interplanetary trade.

 
What do you know that we don't know?  I think you meant intercontinental.  Interplanetary means between planets.   

[jbreher]

Someday one cryptocurrency or another is going to be pretty much the standard for interplanetary trade.

Due to the limited speed of light, you'd need a block transaction time measured in hours to days.

[yayayo]

Someday one cryptocurrency or another is going to be pretty much the standard for interplanetary trade.

Due to the limited speed of light, you'd need a block transaction time measured in hours to days.

Because of these speed limitations it's more likely that each planet has its own blockchain with interplanetary exchanges to convert between the different cryptos.

On topic: I agree we are at the very beginning of a possible adoption curve. However there is no guarantee Bitcoin will ever reach the breakout point. The more businesses adopt bitcoin, the more likely we'll get there due to powerful network effect. That's what we hope.

ya.ya.yo!

[LiteCoinGuy]

thats true. thanks for that 

[Flashman]

Someday one cryptocurrency or another is going to be pretty much the standard for interplanetary trade.

Due to the limited speed of light, you'd need a block transaction time measured in hours to days.

Speed of light communication is so 20th century, we're onto quantum entanglement based transmissions these days, it's only in the lab yet, but demonstrated.

[aztecminer]

but there was nothing like the internet then.  There a lots of other payment processors/currencies/payment tools that work essentially just as good if not better than bitcoin in most situations.  I just dont get how people compare adoption of the internet to adoption of bitcoin, its not a similar situation.  

that's not really fully true. there where bbs's .. i remember using my dialup to call bbc sites. they were not connected to the internet.
u nse modem and call up bbs site and post, download files, stuff like that. there were a lot of warez bbc's.
back then there was internet but only for school teachers and was only unix based.
there was similar technology when internet was first starting. the technology was not nearly as good as it is today though of course.

[jbreher]

Someday one cryptocurrency or another is going to be pretty much the standard for interplanetary trade.

Due to the limited speed of light, you'd need a block transaction time measured in hours to days.

Speed of light communication is so 20th century, we're onto quantum entanglement based transmissions these days, it's only in the lab yet, but demonstrated.

Show me a working production implementation?

[Flashman]

Show me the guy on Mars that needs it... these things only tend to get pushed along when there is a killer app for them.

[Melbustus]

Difference is Web has 300M users at 5 years mark, we have no more than 1M users at 5 years mark. At this rate, it'll be year 2150 when we reach 1% population

Really? The internet had 300M users in 1974? http://en.wikipedia.org/wiki/ARPANET

If you mean "web" as in WWW, you're still off by an order of magnitude.

And I'd argue that Bitcoin is more foundational than WWW, and so it's far more reasonable to say that we're currently in a "pre-web" equivalent period.

But I honestly go back and forth between feeling like Bitcoin right now is equivalent to the internet in 1984 or 1994. Doesn't matter in the end, though.

[tzortz]

Stats everywhere...

[rigdeer]

yes we are,i am sure of that.

[jonald_fyookball]

if we are still the very very early adopters, what are the implications?

[Flashman]

The implication being that if true mass adoption is still to come, past bubbles will look like an ant fart beside an H-bomb.

[cbeast]

if we are still the very very early adopters, what are the implications?

Our children will blame us for having cheap bitcoins and squandering them instead of hodling.

[commandrix]

Point, but couldn't you make a neat chart out of it? My opinion is that it's no coincidence that cryptocurrencies are getting their start right when people are starting to get serious about colonizing space. Someday one cryptocurrency or another is going to be pretty much the standard for interplanetary trade.

 
What do you know that we don't know?  I think you meant intercontinental.  Interplanetary means between planets.   

What you don't know is that I am a time traveller from the distant future and our quantum computing and communications capability works wonders when it comes to making transactions very quick. Seriously though. What makes you think that each planet won't have its own cryptocurrency and exchange rates between altcoins won't be taken a lot more seriously than they are now?

[sobitcoin]

Truth

Right? New technology takes time.  We're doing just fine lol

[BADecker]

Okay. Since we are still early adopters, let's get behind every effort for promoting Bitcoin that we can. And let's start thinking of all the new ways we can promote. Has anyone done mailings?

[twister]

I say we are late and adoption is not as cheap as it was before.

[BADecker]

I say we are late and adoption is not as cheap as it was before.

Absolutely true. I wish that I would have been one of the 2010 bitcoiners. In this way we are late.

Who knows the future? If Bitcoin fails, we lose. However, if we can promote Bitcoin into 10x the use that it has today, the price will probably go up some. Maybe not 10x, but maybe back to the $1,200 range.

[jonald_fyookball]

I say we are late and adoption is not as cheap as it was before.

Absolutely true. I wish that I would have been one of the 2010 bitcoiners. In this way we are late.

Who knows the future? If Bitcoin fails, we lose. However, if we can promote Bitcoin into 10x the use that it has today, the price will probably go up some. Maybe not 10x, but maybe back to the $1,200 range.

in the future, we may be seeing prices like 3.287 cents.... per bit :-)