Topic: Yes or No? Doesn't Bitcoin unfairly benefit early adopters? - page 10. (Read 3974 times)
No, btc doesnt by its technology benefit early adopters. In fact late adopters have more of an edge as the quantity of btc decreases. Its only the market forces that are pushing btc to a higher price and the fact that early adopters are using it as an asset and not a currency as intended, something that btc has nothing to do with.
No, early investor take the risk when bitcoin is basically nothing. They stick with it years until now and they are rewarded for their loyalty by owning a lot of bitcoin. It's a different matter investing something that already big compared to the one that just started.
No, Bitcoin doesn't unfairly benefit early adopters. Bitcoin is not unfair, actually it did not allow double account or cheater in this forum who want to collect more coins that what is entitled. It even monitored IP's to do equal distribution of tokens. It is normal that early adopters can benefit early than the late one. so bitcoin has nothing to do with that! 
My answer will be a NO . Bitcoin is not partial and has never been unfair . The early investors saw some potential in bitcoin when bitcoin was nothing . Bitcoin was known to no one and no one even tried to show their interest in bitcoin . This was the time when eary investors adopted bitcoin and invested in bitcoin . Even if someone invests in bitcoin now, bitcoin will not be unfair to them . The thing is that bitcoin is very expensive now that is why old investors benefitted before when bitcoin was of very negligible value.
Early adopters took the risk by investing in bitcoin while others didn't believe in it and concidered it as a scam. So, it's fair when early adopters get benifits for supporting cryptocurrency. It is not too late, any one can start investing now and get a good profit. Bitcoin price doubled eight times in less than ten months and all experts predict that price will not stop there.
Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
yes , early adopters has more benifit because they are more knowledgable and had much more bitcoins compared to people who are late to know bitcoins. but i think its not yet too late for the new adopters to earn on bitcoins because bitcoins value is still increasing therefore we can still catch up to this hype. and all of us has the oppurtunity to earn not only those who are early adopters. but i believe most of them are now rich today and not active on this forum.
No early bitcoin adopter has take a risk they did not expect that bitcoin price will go as high as $7000 usd it was just fair to them to give them the benefit of their actions , not all has taken the risk there was just actually few people who believe and they are taking there harvest now , I believe it's still not too late to invest on bitcoin today , If you want to benefit from bitcoin take a risk now and harvest your fruits later !
Bitcoin has nothing to do with fair or unfair because everyone's time in knowing bitcoin is not the same as there are those who recognize bitcoin first and they are confident of the future of bitcoin and he is really lucky at the moment because of the high bitcoin value. So bitcoin is not about a justice but a person's luck and the right move they take
No because when Bitcoin started it was more like an experiment, nobody knew if would exist after few months or years, the risk was too high.
Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Of course it does and that's always the case with businesses. Those that had balls to gamble in bitcoin a few years ago are now smiling from ear to ear reaping their rewards. Some would even wait even more and see where all these go to.
Why is it unfair for those who lately realized that they're getting ripped off by their government?
I knew about the project in 2010, got involved in 2013 up to now. Sometimes I envy those who mined hundreds of thousands of coins with their laptops and HD 7970 farms but I started to think that those coins were distributed by now, and they may have profited off of it but again, those coins were already distributed in the network. So what if they are rich now? The point of using bitcoin is to not get rich, but to create a trust-less payment system and eliminating the "man in the middle" for more convenient and affordable transactions without region locks and whatnot. It just so happen that the price per bitcoin boomed and here they are, the new millionaires thanks to disruptive economics and bitcoin.
I knew about the project in 2010, got involved in 2013 up to now. Sometimes I envy those who mined hundreds of thousands of coins with their laptops and HD 7970 farms but I started to think that those coins were distributed by now, and they may have profited off of it but again, those coins were already distributed in the network. So what if they are rich now? The point of using bitcoin is to not get rich, but to create a trust-less payment system and eliminating the "man in the middle" for more convenient and affordable transactions without region locks and whatnot. It just so happen that the price per bitcoin boomed and here they are, the new millionaires thanks to disruptive economics and bitcoin.
its their risk after investing in btc at first time. and now they had alot profit. so you want say not fair? bitcoin price following market, no one control it
Early adopters have benefits for joining earlier, the ones who bought and saved those bitcoins until now, and that is not unfair, that is life. Who come first to the girl its his girl, who come first had chance to buy very valuable bitcoins for very cheap price. That is not unfair, who is guilty because we didn't come on time here, or we didn't buy when price was very low.
I believe we are not late. How price is growing in 5 years who ever bought under 5000 dollars will be early adopter, so keep some of the bitcoins you earn here, or buy if you can and if you work for something its fair to be rewarded for that!
Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Well bitcoin is unfairly popular for a quite years and it is only discovered and uncovered not so long ago. So the investments and investors are also quite rare for them and bitcoin takes many years toll to make it what it is now. But who would probably think of it this would actually go this far of a success. None right?.
early investors/adopters are the people who contribute bitcoin and know the potential of bitcoin they foreseen a future. so they deserve it there is nothing unfair for them they develop it, contribute and socialize to people, they should really be deserved. they supporting bitcoin from scratch risking their money a lot they should be honored because they help to stabilize bitcoin in the early stage.
its their risk after investing in btc at first time. and now they had alot profit. so you want say not fair? bitcoin price following market, no one control it
there is technical difficulties to get hold of BTC in the early days, given that first discussion is on cyperphunk forum just shows that very few people have interest or probably understand what BTC is doing, if its ever discuss on cnbc that day probably everyone of us just change the channel or move away from the story, or laugh about it, its not advantage, they just have the know how, just like when oil first discovered people are going out to the sea in search for whales to their fat oil, but someone sees this black oil stuff can replace it so he pursue his way and win for 2 decade now losing again to another energy sources, cypher/cryptrography is not something of unknown knowledge its open to everybody to study it to use it but only those BTC early dev mixed it and build something that can be beneficial in financial world in this internet era, everyone want to be top football player being paid very good money just to play football but only few people can do that, is that advantage for them, no, they have the skill to be there, same with BTC early adopter
actually those who invest first in the bitcoin does have the money and power to manipulate the price they have bigger benefits right now because they are the pioneer of this bitcoin currency. so this is a big no, it is fair to them actually it is a win win to them. and also win to all holders.
Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
No it's not unfair, the condition is hard at first and they take the risk, bigger risk than us so it's a normal situation where they got rewarded more than us because they believe it since the start rather than wait until bitcoin is popular before buying it.
Bitcoin does benefit early adopters, but not unfairly. With any new technology or startup, innovators and early adopters are the ones who invest their time and resources on an untested/unproven technology and take it to the point of critical mass where the technology becomes widely more accepted and the adoption rate becomes self-sustaining. If doing so, they are benefiting, there is nothing unfair about it. If the early adopters of Bitcoin didn't had faith in it, took risks, ignored the potential, and didn't gave away large number of Bitcoins for further adoption there would have been no Bitcoin adoption.
I don't think the terms unfair and early adoptors go hand in hand. Like I said, be it any technology like Bitcoin or startups like Amazon, Microsoft, or Apple, if the technology breaks through and is widely adopted then early adopters will get rich.
I don't think the terms unfair and early adoptors go hand in hand. Like I said, be it any technology like Bitcoin or startups like Amazon, Microsoft, or Apple, if the technology breaks through and is widely adopted then early adopters will get rich.
Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
I don't think that it is unfair that early adopters are having huge profits now because they deserve it. They believe in the technology and hold into it. Maybe those early adopters that sold when the price is just hundred dollars or even just a few dollars regret now and there are those that have known it but think that it is just a fad have regrets as well but for those people who are there in the beginning deserve what they have now. You can still be profitable even if the price is expensive now by trading or earn it through hard work using your talent and skills if you are not one of the early adopters.
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