Ninjastic
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Board Bitcoin Discussion
Re: What stage of adoption is Crypto currently at?
by
mrcash02
on 25/01/2018, 23:18:50 UTC
Quote from: maarx on January 24, 2018, 01:39:58 PM
Quote from: milewilda on January 24, 2018, 12:58:36 PM
Quote from: CodyAlfaridzi on January 24, 2018, 12:26:28 PM
Quote from: Donamilo on January 23, 2018, 10:05:37 AM
Just wanted to know where you guys think we are. Are we still in the early adoption stage?

At what stage of the dot com era would you put us at? Dial up lol?

Definitely not. Most people already know what cryptocurrency is. Even my friends at uni are already talking about and have a chat group for it LOL. This is unheard of in 2013. Take a look at this picture



I think we're already at stage 4 — maturity. People who joined recently are considered late majority. One thing, I really hope we don't have to see the decline of cryptocurrency in our lifetime. There are still a lot of things to be developed in crypto, a lot of innovation could be made, so that cycle of adoption could always be renewed/revised.
When we do talk about bitcoin existence awareness including altcoins in the market then we are on stage on where it is already becoming the trend and i do believe we are still on the middle where theres still people which doesnt even know cryptocurrency exist. We are not on early adoption stage since bitcoin is already 8 years but one thing is rest assured this thing will really go further. Choosing on the visual i can say we are on stage 3.

Innovation of new altcoins is the result of cryptos' adaption. We are in the second stage of earlier stage. Econony started experiencing new cryto flavour. In return, every crypto user adapting new lifestyle. Blockchain technology as well is adapted in major sectors to protect their assets documents and other imortant sources. Our next generation is going to live a real crypto life in the following decades.

In my opinion we are at third stage, "Growth". There isn't a consistent/mature majority yet, but from the middle of 2017 on things became more interesting, resulting in huge bumps in BTC price and network's overloading (I believe that was the right moment we passed to third stage). Indeed new AltCoins are appearing in quantity, but I think the Early Adopters' age is now in the past, those coming to invest at this moment are coming by the hands of the Early Adopters, who turned the AltCoins niche into what we see today.