Topic: Just had to get this off my chest: - page 2. (Read 2791 times)

A story from real life.


Once when I was a kid, I arranged something called a weekly soccer-pool. Everyone involved paid a very small symbolic sum to participate, I took bets from everyone,and delivered a cupon every week using the symbolic money I got off the participants. I did this for nearly a year, many students in my class, and teachers alike participated and thought it was a great idea. Some other classes tried to duplicate my idea, but failed, since they didn't have anyone executing the idea with enough enthusiasm, and thus their attempt at duplicating my effort was shattered in pieces.

Every Friday or early Saturday, the cupon was sent in, and every Sunday evening I prepared the overview with total right games, averages and some other stats and every Monday I brought this with me and put it in the classroom, I made a list of who had the most right matches and put it on the wall in the class-rom. As it happened, we sometimes won some real money, and as out betting-pool was really small, the few wins outweighed the steady costs of delivering the cupon.

By the end of the year, we had built up a nice little bank, not much, but enough to do something with it. So, I decided that we buy cakes for all the money, and sit in the school yard along with one of the participating teachers to eat these cakes. I invited everyone that had participated in the betting pool. Naturally, and I was very strict about this: Everyone else was excluded.

The idea was executed by me for an entire year, and basically everyone at the school knew about it. But only one other class tried to copy it, and they failed, because there wasn't someone that was willing to do 'all this work' for free.

But over to the cake party. As we sat there, eating delicious cakes, we got surronded by other kids, wondering why we had cackes, and they had not. I calmly explained to them that we'd been running this betting pool for an entire year, and everyone was free to get involved or copy the concept, but nobody did. Some cried that this was unfair, but that they wanted some cake too. I explained to them that - no work and no involvement equals no cake.

The moral of the story could be: You can't expect something for free, if you're not willing to get involved or risk something, then why should you get a free ride ? Most successes happens by people working really hard for it to happen. You may have some occasional rags to riches stories about people winning in the lottery, but most often the ones reaping success are the ones that took the opportunity and got 'lucky'. As the wise man sad: "The harder I work, the luckier I get".

Full disclosure: I'm not an early adaptor, and I don't envy those who are. It's well deserved in my opinion.

The problem is you're using the word fair what is fair for you isn't going to be fair for other people, at least in this system everyone is going to have a chance of earning the same amount of Bitcoins in the future because the limit is supposed to not change. I'm pretty sure if you or anyone else bitching about this sort of thing were in the exact same situation you'd be pretty pissed if someone just decided to take millions from you it's just because people don't have the amount they somehow think it's okay to do it.

Ha, you're not the first person to call me passive aggressive. Also, I never said I didn't have any coins, I never implied that I considered myself late getting in;)

I think you missed the point I was making though. I don't think the returns for those that did invest is proportional to the returns others within society receive. Personally, I consider that not to be fair - that someone can work their ass off all day and get paid peanuts yet someone that happened to have their computer on running the miner in 2009 could easily have made millions from it.

But that's not the fault of Bitcoin, or the people that invested earlier, that's why I don't begrudge either of those. The system is not fair, but Bitcoin is only a tiny part of the system I'm referring to.

I was going to have that whole philosophical argument about taking other peoples money without asking and so on but then I noticed that most of your post seems to be variations of "It's not fair I wanted it first" lol every one of the people listed could have put some of their money in Bitcoins and saved up like other people have. I'm sorry but people like you may not begrudge people for having lots of Bitcoins but you certainly do begrudge them passively aggressively.

It was not early adopters,it was early experimenters or volunteers who were driven by its curiosity rather than greed and contributed to this p2p cryptographic technology.

I'm jealous as hell and I'm not going to take it anymore! Is there any way we can go back to the days where we all paid a 3%+ transfer fee for the privilege of spending our own money? This Bitcoin thingy fucked everything up.

Anybody, and I MEAN ANYBODY, who doesn't regard getting in now as an early-adapter opportunity has serious problems and should seek help. Seriously, for these people espousing such a line of thinking have the potential to want to blow something up. Not only does their elevator not reach all floors, they're in a boat with one oar in the water, pushing all the bottoms wondering why they can't get to where they think they want to go in life.

No use giving them a quarter to hunt a clue, for they'll think it's a communion wafer and try to eat it, provided they don't think it's an Avalon chip, readying to build a rig using it as a processor first, and when that doesn't work they'll eat it.

Here's a consideration:

Perhaps some people just hold the moral value that a persons worth and holdings should be based on their contribution to society.

Whilst I don't begrudge the people who have a dick load of coins, when compared to the rest of the world, I don't believe it's "fair" (but I also can't propose and alternative)

For someone to earn literally millions of dollars, for buying and hoarding some virtual currency is not "fair" when you consider how little teachers, nurses, civil servents and generally the rest of the world get paid for working their asses off day in day out.

If all the Mr Binmen and and all the Mrs Midwife who gets paid £50 a day were to stop turning up to work, we'd be up the creek without a metaphorical paddle. The world keeps spinning if people don't buy bitcoins.

It doesn't take skill, and it doesn't contribute anything towards society buying and sitting on a boat load of Bitcoins, although actively trading is a slightly different matter.

"but footballers get paid more" or "but gets paid more" is not a valid counter argument.

If somebody introduced me to Bitcoins years ago I would probably have my own island sailing the Caribbean by now 

I'm in the process of mining Litecoins though. I can't be bothered mining those stupid Alt. Currencies like BBQCoin lol.

We all feel like that at times (for various reasons). Hind-sight is 20/20 and this wasn't a sure thing when you first looked into it. The concept and idea are very elegant and extremely nice, but in the end it takes people to actually pick up on it and there is no way to predict whether this will happen.

Anyway, no use reminiscing on lost opportunities in the past. Learn from these and go for the opportunities in the present

I kick my own ass everyday.

I might have thought of myself as you think of yourself in this regard. But I don't because I actually did stumble across BTC in 2010.

I would have thought of myself as a person with a nose for cool things. I'm always the first to dig up the torrents, the fretsonfires, and everything else that is fucking awesome among the people I know.

But I found this thing in 2010, read Satoshi's paper, and this is exactly what I thought, "Wow, this sounds cool, but nobodies using it and it seems to want my money. I should wait a while."

Didn't come back until a year later, and didn't start saving until February 2013.

Currently feel like an idiot.

And hypocrites

Absolutely jealous myself, but can´t say I think it´s unfair. Mostly I just kick myself for not getting in two years ago when I first heard about it, but at the time it seemed like way to much hazzle for a not so techy person to grab a hold of some coins 

Oh, I am jealous. I just don't think someone having something is unfair just because I want it.

I would of definitely invested in BTC, or at the very least mined them if I had heard about them years ago. It sucks because I always jump on opportunities like this. Kind of sad how I was on multiple forums involving online currencies and never heard a thing about Bitcoin , guess it shows the amount of faith all the people using it had.

This^

Anyone giving any merit to that argument at all is 1) an idiot 2) jealous 3) possibly communist.

Those same people are pessimistic about all new technology and will be in the same boat for everything in their lives.

The thing is, most of the early adopters did not just buy a few thousand bitcoins and then just sit back and wait. Most of them played an active role in getting Bitcoin to where it is today.

Those people complaining could easily put in the same effort into something else with the same amount of people putting in the effort and reaping the rewards.

If the same people that created Bitcoin had put the same effort into curing cancer and benefitted from the sale of the cure those same people would be complaining about those greedy cancer curers.

It's just another way for the Occupy Wall St. Bears to whine and complain about how we should instate SocialistCoin with built in inflation and government regulation.

Seriously, every single fucking market works the same way. Price was very low when demand was very low. Now demand is higher, price is higher. People who bought when demand was low now are sitting on boatloads of cash, it's just math. Sure, it's nice that they have cash and it sucks that you don't. It has nothing to do with "unfairness of early adoption" or "evil speculators," it's just the way shit works. Mathematics and economics. People need to lrn2market.

The late birds can't complain when the early birds get the worm... they just get up earlier the next morning.

Your grandchildren will complain about you being an early adopter for getting in on the <$10000 BTC and the >1 BTC/block mining.

In general, too many people are jealous of what other people have that they don't have themselves. This is an indication of being a 'small' person. Typically the same persons would look at some rich dude depicted in a magazine and think he's repulsive. His crime: Being rich.

I think it's part of human nature, most of us want everything, but we don't want to do much for it. Those taking the risk of investing early on, or using the system in the very beginning was visionaries, or risk-takers or high stake gamblers. The definition is for you to decide.

The point is that wherever and whenever somebody has gained something that's outside that of the norm, someone somehow is bound to complain.

The same people complaining about early adopter unfariness would've not complained if they were an early adopter themselves (then they would be happy...), and if somebody had told them: Invest now, and reap the benefits later, they would've probably not've invested anyway. What - internet play money ? Ponzi - pyramid scheme - hell no!

Full disclosure: Not an early adaptor, and not jealous of anyone with a lot of money.