It's that unfair for those who don't have bitcoin in the future ? - page 2.

raven7886

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Quote from: jseverson on January 03, 2018, 10:53:38 PM

Wouldn't it be even more unfair if the early adopters who actually stuck their necks out to make Bitcoin relevant weren't rewarded? At some point in the future, Bitcoin will be regarded as low risk, and low risk ventures rarely yield high returns. It's just standard economics at work.

I mean, I guess it kind of sucks how much easier it was to get Bitcoins back then, but Bitcoin was never really meant to equalize wealth -- just access to it. Just take the risk now and you'll still be much better off than even later adopters.

Yes, those who invested in bitcoin earlier took the higher risk and what we even have now is still more like a mid-risk and for those who think that is unfair should either assume the fact that some people are older than some to be unfair.

We have stages for everyone in life and we will always end up having those at the last stage who are laggards and were unwilling to take risk when their mates were taking to be the ones who will lose out and it would be unfair if those ones end up to be on the same ground with those who took the huge risk now.

olushakes

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Life is not even fair to everyone especially the majority of people who have to fight for a space to feature in compare to those who had life handed over to them by virtues of maybe their parents affluent in the society or their level of intelligence which is above the normal human being. That being said, what everyone is doing is actually a risk and no one can say for sure to know what is going to happen in the future and to those who didn't invest in bitcoin might actually turned out well if they invested in something that could turn out to be the gold of tomorrow but in all, its just hope.

coinplus

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Quote from: haileysantos95 on January 04, 2018, 12:29:33 AM

Its not unfair, early people who adopt bitcoin took their risk also and spent time and money just to get what bitcoin is now or in the future, well they can still acquire bitcoin but it will cost them so much or they could get it a penny of it from other people but it wont make them rich unlike the early adopters.

If the OP thinks it is unfair, then it should be unfair that those who bought stakes in Apple or some companies and are doing well now should not be doing well. Early adopters are always the ones to take the higher risk and for anyone who thinks that is unfair, such a person is really not ready to take a step now.

Gold is not the same price it used to be 50 years ago, and if I think it is reasonable to get gold at the same price that those who got in back then did, and then I must really be very dumb and stupid.

BrewMaster

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Quote from: MadAndHoldersPattern on January 04, 2018, 07:05:34 AM

why would people of the future work hard to get 0.00001 of a bitcoin, when some guys in the past got thousands of them minining it on their laptop.

the same reason why people are still working to get paid $10 an hour while some other guys are making $100,000 an hour.

or if you like the stocks analogy: the same reason why they are still buying stocks of Apple at $173,... while someone else bought it at $0.4 in the past!

andrei56

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You are looking things in the wrong way, is it fair that there are poor people and rich people? The truth is that in the economic system we are the disparity of income is going to be a reality, those that got early assumed a great risk especially if they invested a huge amount of money to get bitcoin and they were right so they deserve to get the rewards, it is like those that invest in gold and benefit in the future when the economy fails, they deserve the reward as well.

MadAndHoldersPattern

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It's not fair, that's why I think bitcoin will never become widely used, because why would people of the future work hard to get 0.00001 of a bitcoin, when some guys in the past got thousands of them minining it on their laptop.
And what about the future generations, they could just switch to new coins and tell older generation to f*ck off, "we're not gonna be your slaves for coins which you got much cheaper, we're creating our coins from scratch"

romero121

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Having bitcoin adds value to the the users portfolio, but the same won't get termed that people who doesn't have it to be not gonna be growing in the future. Maybe in future when it gets almost similar to mainstream usage having bitcoin as well other digital currencies will be serving as a supporting source.

senyorito123

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Quote from: zenrol28 on December 29, 2017, 02:12:34 AM

Quote from: infposs on December 29, 2017, 01:35:17 AM

Large probability for bitcoin's price goes more higher.

What if bitcoin crashes in the future? Is it still unfair? We can't say what will happen with bitcoin in the next few years. So it's still up to you if you're gonna get a hold of it while you can. Just don't blame anyone with your decision.

It's depend on them how to handle there bitcoin they need to make a right decision so that they cannot blame there self,and before they entering the world of crypto currency there is a advice that they need to research and educate there self because in these cryptoworld we cannot predict bitcoin price because it is volatile,and if they are educated bitcoiners they can face the consiquences if what happen of bitcoin price dump or pump.

nl247

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Quote from: mx667 on January 04, 2018, 03:19:00 AM

Quote from: jseverson on January 03, 2018, 10:53:38 PM

Wouldn't it be even more unfair if the early adopters who actually stuck their necks out to make Bitcoin relevant weren't rewarded? At some point in the future, Bitcoin will be regarded as low risk, and low risk ventures rarely yield high returns. It's just standard economics at work. I mean, I guess it kind of sucks how much easier it was to get Bitcoins back then, but Bitcoin was never really meant to equalize wealth -- just access to it. Just take the risk now and you'll still be much better off than even later adopters.

The answer can be yes, can be no. It depends on future situations and conditions. We do not know how Bitcoin will be in the future. All we know is that Bitcoin prices will continue to rise to very high in the future. And people who save Bitcoin in the present, will get a lot of profit and can become rich. But we must know that Bitcoin is not the only source of economy or business or investment that can turn people into riches. There are so many other businesses out there that might be better than Bitcoin. Lots of other investments. So the answer is still uncertain.

This is not even a yes or a no answer. There is nothing unfair about it. Anyone who thinks it is unfair should go and buy any other altcoin that is not overpriced and sell it at the same value in the next 7 years when the coin has become very useful and notable. What makes an early adopter different from a laggard is their ability to take huge risks and nothing about that when they are reaping the benefits is unfair. let alone, unborn generations?

mx667

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Quote from: jseverson on January 03, 2018, 10:53:38 PM

Wouldn't it be even more unfair if the early adopters who actually stuck their necks out to make Bitcoin relevant weren't rewarded? At some point in the future, Bitcoin will be regarded as low risk, and low risk ventures rarely yield high returns. It's just standard economics at work. I mean, I guess it kind of sucks how much easier it was to get Bitcoins back then, but Bitcoin was never really meant to equalize wealth -- just access to it. Just take the risk now and you'll still be much better off than even later adopters.

The answer can be yes, can be no. It depends on future situations and conditions. We do not know how Bitcoin will be in the future. All we know is that Bitcoin prices will continue to rise to very high in the future. And people who save Bitcoin in the present, will get a lot of profit and can become rich. But we must know that Bitcoin is not the only source of economy or business or investment that can turn people into riches. There are so many other businesses out there that might be better than Bitcoin. Lots of other investments. So the answer is still uncertain.

omonuyak

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Quote from: infposs on December 29, 2017, 01:35:17 AM

Large probability for bitcoin's price goes more higher.

Bitcoin is going to move up and to me the probability of it going up is higher than going down. As at today the bullish trends has been triger and I think it is heading towards $18,000 and this may happen by the weekend. Bitcoin has that capacity to continue it upward movement and many fundamentals issue are coming up in it favor.

milkshock100

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haileysantos95

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Its not unfair, early people who adopt bitcoin took their risk also and spent time and money just to get what bitcoin is now or in the future, well they can still acquire bitcoin but it will cost them so much or they could get it a penny of it from other people but it wont make them rich unlike the early adopters.

jseverson

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Wouldn't it be even more unfair if the early adopters who actually stuck their necks out to make Bitcoin relevant weren't rewarded? At some point in the future, Bitcoin will be regarded as low risk, and low risk ventures rarely yield high returns. It's just standard economics at work.

I mean, I guess it kind of sucks how much easier it was to get Bitcoins back then, but Bitcoin was never really meant to equalize wealth -- just access to it. Just take the risk now and you'll still be much better off than even later adopters.

Torque

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It's so unfair that my great great great great great grandfather could get an ounce of gold for $10.

So unfair!!

Indrawan77

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No, bitcoin is never restricted to buy, everyone is welcome to buy bitcoin and bitcoin also can be bought if don't have a lot of money, you can buy the tiny fraction of it, and buying bitcoin ia getting more and more easy, so I think bitcoin can be bought by all level of society, if that person dont own bitcoin in the future it's mean that is his fault to not believe in bitcoin

knightmairesaint

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Quote from: readygoaw on January 02, 2018, 11:20:15 AM

Quote from: infposs on December 29, 2017, 01:35:17 AM

Large probability for bitcoin's price goes more higher.

Well, on this topic you can argue for a long time, because everyone has his own opinion. The future is not far off. Since only two months have passed since people learned massively from the media that there is such a crypto currency as bitcoin

Yet many people still choose to ignore bitcoin because of not believing in what it can do and how it can be helpful financially. Though bitcoin still have a long way to go for the future I still believe that it will continue to increase especially now that businesses are planning to implement it as well. Aside from that, possessing bitcoin in the future is a good advantage than those who do not have or will just start to have and for me it is not unfair. Other people possessing bitcoin than the other is just the fruit of their hard work and for believing in what bitcoin can do much earlier than the others.

readygoaw

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Quote from: infposs on December 29, 2017, 01:35:17 AM

Large probability for bitcoin's price goes more higher.

Well, on this topic you can argue for a long time, because everyone has his own opinion. The future is not far off. Since only two months have passed since people learned massively from the media that there is such a crypto currency as bitcoin

coinplus

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Quote from: Sasha Lumerin on December 29, 2017, 01:53:41 AM

my advice is buy bitcoin while it's cheap and before we hit 1 million in 2 years

Best advise anyone can ever give.
With the way bitcoin is going or the news about bitcoin is spreading daily, with so many people getting the hint from news, anyone should definitely not have the chance to get in.

It is even easier now than few years ago when only the techie ones and those in the finance sector got the hint, but now, everyone have the chance and those who think they cannot afford it, at least there are other cryptocurrencies to purchase and who knows ?

Ararbermas

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Quote from: Sasha Lumerin on December 29, 2017, 01:53:41 AM

my advice is buy bitcoin while it's cheap and before we hit 1 million in 2 years

maybe not now cause as i see bitcoin is keep crashing which is not good to buy bitcoin , and maybe it will continue to crash until the year end, so i think much better to wait when bitcoin go to the lower and lower price before to buy.

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