Quote from: South Park on Today at 06:06:36 PM

Quote from: passwordnow on Today at 12:22:12 PM

Quote from: phillymogul on November 27, 2024, 05:07:58 AM

1. Which stage do you find yourself in right now?
2. How has your approach evolved over time?
3. Where do you think the crypto adoption curve will take us next?

1. I think I am part of the early majority.
2. It's still uncertain, I'm no expert but just like the majority. Still FOMOs, holds, sells and the typical thing to do at these times.
3. The crypto market is very exciting and no one knows where it is heading. But we can be sure that crypto adoption curve will be there to attract more people to understand more how this market works.

We do not know how many people will end up adopting bitcoin and this makes it difficult to know where we are on that curve, most of us are not innovators, and like you I feel we may be part of the early majority

Yeah, we didn't innovate and we know that. We are simply the adopters and the investors that can be said quite early to enter this game.

Quote from: South Park on Today at 06:06:36 PM

however if bitcoin is adopted by at least a billion people all around the world, then it is entirely possible we could be part of the early adopters and this will increase our profits to unimaginable levels, as all of those people will want to buy more bitcoin, driving up its price.

We will never know if there are already a billion people that have adopted Bitcoin. But, it is not us to judge if we're going to be part of the early adopters or at least we can but let those late comers tell us that we're quite early and they'll distinguish that we should be part of that gang. And it is for them to decide if they're going to buy a bunch of it because I think that whenever we enter that number of adopters, the price of Bitcoin is surely quite high by that time then. As again, many will say that Bitcoin or the specific cryptos that they like are already expensive.