Bitcoin Forum

Economy => Economics => Topic started by: tj4dmx on October 31, 2017, 02:23:51 PM



Title: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: tj4dmx on October 31, 2017, 02:23:51 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: bling-bling on October 31, 2017, 02:29:18 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
Bitcoin has nothing to do with that. It is the people who invested early who should be credited if they are now benefiting greatly from their investment. They made that right move to hold and/or trade which is why they are earning, not Bitcoin.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: misterj on October 31, 2017, 02:35:30 PM
I answered No because the treatment or the worth of profit that the early adapters earned are fair for me since they have been there o its early stage which means that they have gambled their fortune for the future. Which we all know is worth it since they have not just doubled their profit but even greater than what they have expected to earn. To sum up, is was not unfair in the first place since they have gambled with their fortune unknowingly how good will bitcoin will turn into.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: tj4dmx on October 31, 2017, 02:41:43 PM
@bling-bling  AND  @misterj, Thats for your deep insights !!!  Very educative !!


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: mrcash02 on October 31, 2017, 02:49:17 PM
Why unfairly? They didn't hurt anyone to get their Bitcoins as early adopters. They just enjoyed their chance as pioneers. The opportunity was there, Bitcoin wasn't so interesting on that time, but anyway these people believed its power and received their reward for it as we can see now.
In my opinion that was a very fair deal.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: tobs on October 31, 2017, 02:54:23 PM
It should actually be the opposit. It rewards the brave early adopters who decided to even in fact "throw away" their money for a random new project about some "weird internet money" that no one even expected to go that far. It shows that brave decisions pay off and you shouldn't be greedy when investing in new ideas. There are many new altcoins out there right now. You know that some of them will in few years be really big? They costs now a dollar, while they can go to thousands. I think it's about choosing and supporting a project that for real does something revolutionary.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: warrior333 on October 31, 2017, 02:56:58 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
Bitcoin has nothing to do with that. It is the people who invested early who should be credited if they are now benefiting greatly from their investment. They made that right move to hold and/or trade which is why they are earning, not Bitcoin.
It seems to me that people have a strong sense of greed. They envy those who became rich. They don't think about the fact that people could not sleep at night, risked their money and very often lose money. People see the end result. That's why many have this attitude to those who got rich at the expense of bitcoin.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: tj4dmx on October 31, 2017, 02:58:37 PM
Now i believe some and not all the early adopters have large numbers of bitcoins because they took risks and invested time and resources in an unproven technology that was hardly used by anyone and that was much harder to secure properly. Many early adopters spent large numbers of bitcoins quite a few times before they became valuable or bought only small amounts and didn't make huge gains. There is no guarantee that the price of a bitcoin will increase or drop. This is very similar to investing in an early startup that can either gain value through its usefulness and popularity, or just never break through. Bitcoin is still in its infancy, and it has been designed with a very long-term view; it is hard to imagine how it could be less biased towards early adopters, and today's users may or may not be the early adopters of tomorrow.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Maveth13 on October 31, 2017, 03:05:22 PM
Definitely not. They had the guts to take risk and invest in something very peculiar during the early days of bitcoin. Whatever profit they gained is a very well deserved reward for that. And if you are just new to bitcoin, take it as a proof that investing im bitcoin really is profitable, that would be your benefit as a late adopter.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: OmegaStarScream on October 31, 2017, 03:06:34 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?

You can only blame yourself for not trusting bitcoin at the early stages like they did but here is the thing, If you buy now, wait a few years until we get mass adoption, you will be considered as an early adopter as well.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: gentlemand on October 31, 2017, 03:08:17 PM
Without early adopters there would be no Bitcoin. It's easy to sit back and moan at their riches when everything looks healthy and strong. Back in the day it could've gone either way.

And the information was out there for anyone to discover. Anyone who isn't an early adopter only has themselves to blame. It wasn't being withheld.

It's also safe to say that most people who did have what is now a vast amount of wealth have probably lost it or sold too early. There'll be very few who sat around until now completely intact.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: BillyBobZorton on October 31, 2017, 03:12:25 PM
Think about it this way: The early adopters of bitcoin that bothered to mine when it was WORTHLESS, yes, that's right, mining it when it was $0... they really cared about the technology and not the price. The people that put effort into developing this thing when it had 0 reward deserve the biggest reward now that it's growing into something big.

You can't expect some guy that hears about it 20 years later to have the same reward as the guy that coded, ran a node and mined it since the early stages, specially the people that said it's a scam but then regret not buying earlier.

This is simple: risk:reward ratio is always going to be there in any fair system.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Chris314 on October 31, 2017, 03:15:44 PM
No unfairness there, early adopters had the guts to buy btc when it wasn't as popular as it is now, and they are rewarded for being first believers in what bitcoin represents. Many of us wish now to have a time machine and go back buy some while it was cheap compared to now.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: susila_bai on October 31, 2017, 03:23:42 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?

I dont agree with your point , their are users who have joined recently or some months back but are earning so nicely due to their effort and willing to earn more are earning so good that even early adopters have not done it. Only those who in early time have purchased bitcoin and forgot or thrown it thinking as dead investment and today their fortune is boomed due to that dead investment. Even their are users who were early adopters who sold their bitcoins when btc was $2000 - $2500 and today they are seeing the recent price


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: pecson134 on October 31, 2017, 03:30:50 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?

You can't that it is unfair because those early adopters and the patience of holding the bitcoins do not also expect that the bitcoins their working at their early years would reach its value as of today. I consider this fair because they take the risk not knowing what fate might come to bitcoins before so it is just a trade off to them.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: npredtorch on October 31, 2017, 04:22:22 PM
Basically, no it don't since they didn't know what would be the future of bitcoin when they first started into it. No one had a clue that it will grow like this.
Also, to think on other perspective, the most benefit comes to us late adopters cause without them (-early adopters) bitcoin would't reach its peak today. Without their support, it's possible that all will be nothing.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: jossiel on October 31, 2017, 04:33:04 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?

You have to know what's the definition of bitcoin. And as for the early adopters, they even don't have the idea that bitcoin will be growing up to the situation that it's price will be $6,000.

Early adopters did just a great job for investing bitcoin at a very early moment and we can be considered as early adopters by the next generation.

Wait for 3-5 years and they will also call you as one of those early adopters that was given unfairly benefit by bitcoin.  ;D


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Lykslyks on October 31, 2017, 05:19:53 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
I don't think so, we are both equally benefited today besides we are all doing our efforts to earn here. It's just that the value of bitcoin is on fire today, maybe because it is being recognized and some legalized it in their countries.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Baofeng on October 31, 2017, 06:33:50 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?

I don't think that you can say that they unfairly benefited. Those early adopters are very similar to us today, we believed that bitcoin will go places and that holding it for the long term will give us benefits in the future.

The only difference is that they have seen something in bitcoin that a lot of us has doubted in the beginning. They saw that bitcoin is a good thing to buy, maybe for most of them as invested or other think that they can used it as online payment. But since they are resilient as bitcoin, they are now reaping the rewards. So for me, they are not unfairly benefit because of believing in bitcoin in those early days.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: ivrynx on November 01, 2017, 12:45:18 AM
Bitcoin doesn't unfairly benfit early adopters, I think if all of us are given a chance to start over again, those who had bought Bitcoin during it's early years would've still bought Bitcoin and those who waited to check if Bitcoin is legal, hackable or even profitable, will still wait, I think it will depend on our mind set on how we see things, if you think they are unfairly benefiting from Bitcoin, then the people after you have invested will think of the same with you,  from what I see, it depends on the person how he can gain more profits and have a huge capital gain, but the benefits of Bitcoin is still there, it's still decentralized, it's still anonymous, it's still secure depending on how you keep it, just don't look at how many bitcoins another person has, look at yours and try to maximize the use of your bitcoin.s.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: aardvark15 on November 01, 2017, 01:39:15 AM
My opinion is that early adopters are rewarded for getting into Bitcoin before it was worth anything. They probably deserve any wealth that they have acquired. Not just with Bitcoin, but in anything that takes time to succeed, those that invest early will most likely receive the greatest reward.

But the rest of us can still make money if we work hard at investing and trading and if we make good decisions along the way. We can also get in early on some good altcoins and maybe we can reap the benefits as well.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: HEWRA on November 01, 2017, 02:05:46 AM
I dont get the point of this question. Why would bitcoin unfairly benefit early adopters? It is logical and fair that the people that have come into BTC business with their own money on the early stage of this cryptocurrency made a lot of money. They decided to invest in some innovation that can pretty much lose its value in really short time: at least that was the thing that people believed in for a long long time.
The exact same thing is about the stocks market, if you can find a good stock that is still not well known, then you can make huge money when it become more and more popular all over the world, it is about the timing and doing the correct decision.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: GideonGono on November 01, 2017, 02:10:28 AM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
Of course not! It is not infair. It is fair in their part since they encountered and first to trust in Bitcoin at its early days where everyone is doubting followed up by a huge fall in its price years ago but still continue to hold their bitcoins and believing in it. What we can get from it is that it really pays all of those times that they trust the system.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: carriebee on November 01, 2017, 02:17:39 AM
Definitely not, for those adopters of bitcoin it is fairly benefited on bitcoin. It is their own way on how they can earn huge profit when they invest in bitcoin. It is matter of how they manage their investment in bitcoin, when they hold for more years ofcourse they will also get huge profit. So it is fairly enough the way they invest with bitcoin.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: UCHCHILD on November 01, 2017, 03:01:16 AM
It is not, a big big no, it is not definitely unfair, it is just that those who really adopts bitcoin were blessed because they can have bitcoin so much and buy, that is why the value goes high and continue to grow more, they were benefited more than us now because if we invest now in btc we have to make thousands of dollars to accumulate 1btc only.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Yuhee on November 01, 2017, 03:11:26 AM
It is not, a big big no, it is not definitely unfair, it is just that those who really adopts bitcoin were blessed because they can have bitcoin so much and buy, that is why the value goes high and continue to grow more, they were benefited more than us now because if we invest now in btc we have to make thousands of dollars to accumulate 1btc only.

Or at least they had faith in bitcoin even the though in the earlier times, hardly their are any patronizers back then. But now it seems their more and more adoptaters than before. It is hard to imagine that now even countries are giving high hopes for bitcoin and even stating to take advantage on its services for its citizen. Honestly i am one of those people who regretted not buying btc.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: CreamyCheesecake on November 01, 2017, 03:34:27 AM
It does give too much power to institutional investors that got in very early. They manipulate the market at their will, and manipulation translates in centralization of power, quite ironic for the idea of a decentralized currency.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Eternu on November 01, 2017, 03:53:26 AM
Of course Bitcoin benefits early adopters, and it should be that way. They seen an investment and they risked.  You can not say that something is unfair, because you didn't join the ride on time, because you didn't want to risk or didn't know about. All investments are like that, but not every turn to be as good as Bitcoin. It would be selfish to say that Bitcoin unfairly benefits early users.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: dharnamonitor on November 01, 2017, 04:52:29 AM
I answered No because the treatment or the worth of profit that the early adapters earned are fair for me since they have been there o its early stage which means that they have gambled their fortune for the future. Which we all know is worth it since they have not just doubled their profit but even greater than what they have expected to earn. To sum up, is was not unfair in the first place since they have gambled with their fortune unknowingly how good will bitcoin will turn into.

Well said, they had risk financially and trusted this e currency so they should earn what they have done and we can also see those new comers here in bitcoin benefiting fair enough so I agree that we have equally benefited by this. It's up to someone if he or she has a strategy or a plan to maximize the potential benefits of bitcoins.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: 13abyknight on November 01, 2017, 05:05:05 AM
That's a big NO that I answered on the poll as it was a person's own wish to adopt BTC or not when they first heard about it. There were more people who trashed the whole idea of digital currencies than the ones who intended to adopt to a new system and most of the latters are probably millionaires by now because of their own decisions when the majority were opposing it.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: paul00 on November 01, 2017, 07:44:32 AM
Yes bitcoin had greatly benefitted early adopters since currently bitcoin had really gone far in its value. Early adopters had been able to invest with bitcoin with a smaller value than investing today and if we compare the possible mark up it had if not withdrawn, then someone probably had earn millions already. Personally I already know someone who has such accoubt and she even started it not too long ago.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: salihno71 on November 01, 2017, 08:21:48 AM
And what if i told you that it's quite possible that the people who are investing in bitcoin today could still be considered an early adopters? If bitcoin becomes widely accepted, the price will go up much higher than today and this might happen in few years.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: @prashant on November 01, 2017, 08:45:18 AM
And what if i told you that it's quite possible that the people who are investing in bitcoin today could still be considered an early adopters? If bitcoin becomes widely accepted, the price will go up much higher than today and this might happen in few years.
early investors will get the maximum benefit as they have bitcoin at very low price and maximum of them might got it for free in 2009-10.it also true we will consider as early adopter in upcoming years.but right now early adopter are reaping the benefit of btc supply depend project airdrop.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: aoluain on November 01, 2017, 09:00:01 AM
I sense an air of begrudging from the OP with the use
of the word 'unfairly'. There is nothing unfair about
The early adopters possibly having hundreds or thousands
Of bitcoins, they took the chance and were willing to buy
Into it. I had the chance back in 2010, 2011 but didnt act.

So what would be fair in relation to the op's question?


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Tyrantt on November 01, 2017, 09:06:20 AM
it what context? Early adopters may have piled up large amounts of bitcoin for a far, far lesser price than it is today. Therefore, if they were holding them, they'd have a large amount of money as well and as of now, if you wanted to invest in bitcoin you'd need a little more money and also who knows if the price will jump for 4800% ever again. So i'd say say, they might have the benefit from early adopting bitcoin but not the "unfair" one.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: lordquanta on November 01, 2017, 09:17:46 AM
My opinion is that early adopters are rewarded for getting into Bitcoin before it was worth anything. They probably deserve any wealth that they have acquired. Not just with Bitcoin, but in anything that takes time to succeed, those that invest early will most likely receive the greatest reward.

But the rest of us can still make money if we work hard at investing and trading and if we make good decisions along the way. We can also get in early on some good altcoins and maybe we can reap the benefits as well.
It took nearly seven good years to see the profit for People who invested in bitcoin in early year. Realizing the potential in the early stage is either a skill or luck, but that matters when profit making is concerned. Putting money in something which you think will succeed when idea or concept is just realizing is not easy task. Frankly those who invested in very early stage were not even sure about this much return on investment. It is those who realized the potential in later stage that is probably past mt. gox incident, those investors deserve this return on profit. Because after mount gox incident value and credit of bitcoin plummeted from 1100 USD to 250 USD. Those who kept their coins and kept on purchasing were the ones who knew that bitcoin is next big thing.
There are no other coins which has that much good will and ability to bounce back from the fall. At max ethereum or bitcoin cash is showing some promises but no one is near bitcoin. There are less chances of that happening.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: haroldtee on November 01, 2017, 09:37:05 AM
It is not, a big big no, it is not definitely unfair, it is just that those who really adopts bitcoin were blessed because they can have bitcoin so much and buy, that is why the value goes high and continue to grow more, they were benefited more than us now because if we invest now in btc we have to make thousands of dollars to accumulate 1btc only.
Not all of them were even blessed. Most of us could have been able to afford just enough that would have made us extremely rich today. How much was bitcoin even as far back as 2011 that even a beggar could not afford if he or she really believed in it. The thing is that they took the bold step either they had huge funds to spare or not, which obviously, the more the funds, the more the risk, and they are benefitting now. Anyone coming now just have to wait for their time, 2009 - 2017 has not been a small journey.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: h0lybyte on November 01, 2017, 09:38:21 AM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
No, We can't say bitcoin is unfairly benefitting early adopters. It is their own money and they have right to take benefits from it.
 They had locked their money just like fixed deposit plan years ago, it is their patience that made their money doubled.
Instead of chilling early adopters, learn to maximize your own bitcoins by following their strategy


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Mpamaegbu on November 01, 2017, 09:41:58 AM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
It is called pioneers advantage. But I wouldn't say early adopters have undue advantage over other holders now keying into the Bitcoin. They took the real risk because Bitcoin wasn't attractive back then and there was no fancifu structure of reference for it.  Those of us now keying in aren't taking risk per se because Bitcoin is already popular and enjoys huge patronage. We are just profit conscious.

The same scenario will play itself out in a few years from now with these new altcoins springing up here and there which most people now call scam or shitcoins just like Bitcoin was tagged. Only time will tell.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Ilegendph on November 01, 2017, 09:55:00 AM
Probably yes, its is their prize that they believe in blockchain technology during their time and now they are millionaires but its not too late to adopt since blockchain is in its development stage meaning there are more things can be innovate and that a good thing for us, today's investor of bitcoin because we can also be wealthy using this technology as an asset.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Siopao on November 01, 2017, 03:36:58 PM
No, it's not an unfair benefit. It's just the fruit of their being risk-taker, in fact we should thank the early adopters for it's because of them why bitcoin have been successful nowadays. Years ago who would have thought that the value will blow up as higha s its value today, so its really either skill with intelligence or pure luck.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Shenzou on November 01, 2017, 04:22:51 PM
It is true that the poeple who have used bitcoin from the first get huge benefit from it, but they deserve it because they supported bitcoin from its early ages and gone through a lot to get to this point, they got it fair and square because they were paitent and persestiant, and honsatly you can't someone who have saved all the bitcoin they got from 2010 up until now, besides bitcoin can be benificial for the new users as well you just have to be paitent and smart, when bitcoin was down to 700$ this year the ones that took that opurtunity and bought as much as they can they have 10 times that amount now, all you have to do is wait for the right moment and keep on believing in bitcoin, and that is what matters and that is what got the early users the profit they waited a lot for.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Dudeperfect on November 01, 2017, 04:53:27 PM
No! Everyone will get what they deserve. Early adopters spent their time, efforts and money when Bitcoin was absolutely nothing and there was no assurance of any returns for the same thus they are the one who should get the maximum reward in my opinion.

Now, I believe that Bitcoin is still in the beta phase and anyone getting involved today is an early adopter and we will definitely get good returns down the road, probably in next 5 years or 10 years from now. I beg to differ with the statement on the topic.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Glorious04 on November 01, 2017, 05:00:30 PM
I dont think so. The prices of bitcoin does not vary in the type of holders it has. One maybe new to the business but if they do it seriously they will surely benefit the same as others do. Though i think u mean those who are giving services for pay in bitcoins. Yes in the forum those who are older or higher in rank are being paid higher than the beginners.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: lighpulsar07 on November 01, 2017, 05:03:49 PM
No. why is it unfair? because they are early investors and they earned more money than they invested and they are millionaires? dude you should be thanking them because, if they didn't invested in bitcoin maybe satoshi discontinued bitcoin and also becuse of them bitcoin gained popularity over time because of their stories some of us want to be like them so, they invested in bitcoin and it's never too late to be like them we will be like them someday just keep your faith in bitcoin.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: hajimasan on November 01, 2017, 05:12:51 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
Here we can say yes and no both Because here at one side the people who invested in bitcoin taked the risk of loss in the investment in the bitcoin Because bitcoin was not much famouse and also bitcoin was not legalised at that time in more countries .
But opposite of this we can say that bitcoin is giving profit to the early investors Because after the price of the bitcoin get much high and new investors thought that it is high price and if we will invest then can't make big profit .
But still here we should at this factor that bitcoin is going increasing blindly , but still people are making profit from this thing .


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Hydrogen on November 01, 2017, 10:46:15 PM
I am an early adopter. I may not have been intelligent enough to recognize bitcoin's true value. And so I dumped all of my coins back when one btc was worth $10. I don't feel like I have an unfair advantage over anyone. I'm certain there are many early adopters who thought 1 btc priced @ $50 would be bitcoin's all time high and sold everything they held. There are likely many early adopters who sold all their btc when the price hit $2,500 thinking it would not go higher.

On the surface it may seem as if early adopters have an unfair advantage but the truth is a good portion of btc and crypto's gains have come within the last 16 months and so there has been plenty of opportunity for anyone to do well in crypto if they had only been around near to a year ago. They say the grass always looks greener on the other side of the hill and that could apply to btc where everything seems to favor early adopters in hindsight. But being an early adopter doesn't guarantee someone would hold their coins long enough to reap the rewards some of them are enjoying today.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Beerwizzard on November 02, 2017, 12:15:01 AM
Just remember yourself when you have never heared  abou cryptocurrencies and everything like that is new, unknown and definetely sounds like a scam. To become an early investor you had to do one of 2 things:
1. Buy some amount of BTC for your own money. Will you spend (waste) at least 50$ now for nothing?
2. Mine some bitcoins slowly killing your PC. And destroing your computer for nothing even now seems pretty unfair.
The guys who took a risk and did it now got their benefit. Everything seems legit.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: cah ndablek on November 02, 2017, 02:37:09 AM
yes because bitcoin is able to provide jobs for many people every month on condition that they must be able to finish all the work that is in it as well as possible. Descriptively bitcon will make a person's life becomes better in meeting all the basic needs.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Fretcy on November 02, 2017, 06:22:30 AM
Early adopters of bitcoins were ready to take risk by investing their earnings, effort and time on a new invention like bitcoin and blockchain technology which has helped them to change their livelihood when the value increased but some of the early adopters of bitcoin did not wait for too long for the price to reach hundred fold more than prices on the early stages and so not all adopters were able to gain from bitcoin as they have sold it, only some investors were lucky enough to save their bitcoins when the prices reached the peak which was for the betterment of the early investors, If you also want to benefit from this technology it is better to invest now rather than waiting for losing the opportunity of gaining from bitcoin technology.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: djsugar on November 02, 2017, 06:29:43 AM
Where the hell is unfairness here?

Bitcoin is decentralized and nobody is controlling it or giving profit to anyone. Nothing can be more fair than Bitcoin. Bitcoin is designed in a way that earlier you invest, the more profitable you'll be. Those early investors were ready to take risk and put their earnings into something so much unpredictable and were able to hodl till now. Don't forget between 2009 to 2017. There were many moments when Bitcoin suffered huge dip and almost died. If someone hodl in that period, then it is commendable and they deserve their share. You are looking at bitcoin when it is at this strong position. Back then hardly anyone trusted it.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Vishnu.Reang on November 02, 2017, 06:40:35 AM
Well this is Unfair but that’s how a capitalistic society with free market works! This is same in the case of shares, whoever bought Microsoft or Apple shares in their early days are now millionaires or billionaires. The same goes for goes for a lot of other fields. We may choose to call it destiny, luck or a fluke but it is what it is and we can do nothing to change the course. There are some people who let go of a stuff only to realise that they should have held on just like early adopters who didn’t take bitcoin seriously and probably sold off or did not buy what they could have.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Lagduf on November 02, 2017, 06:59:17 AM
Well this is Unfair but that’s how a capitalistic society with free market works! This is same in the case of shares, whoever bought Microsoft or Apple shares in their early days are now millionaires or billionaires. The same goes for goes for a lot of other fields. We may choose to call it destiny, luck or a fluke but it is what it is and we can do nothing to change the course. There are some people who let go of a stuff only to realise that they should have held on just like early adopters who didn’t take bitcoin seriously and probably sold off or did not buy what they could have.
People have the right to invest or not anyway, and those early adopters who invest into a project and it's then becoming such a success, have the right to have the good fortune they made, and it's all by their own decision.
It's just pointless bragging about how early adopters overly benefited from bitcoin, If someone saying this, I just want to ask, why don't they just becoming the early adopters when bitcoin is still not a thing back then.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: beerlover on November 02, 2017, 02:29:05 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
We cannot call that unfair. Early adopters always benefit in most things, while the laggards should always have themselves to blame.

We all had an equal advantage somehow in some ways but those who took the opportunity and the risk at that time and benefiting from it now is not unfair as you can wait for your own time too.We could say it is not easy for hustlers, but the pizza boy who bought a lot in the past was also a hustler.

They took the boldest risk then and we are taking a lesser risk at this point and later on when things are starting to get rosy, then that gives it no risk and anyone coming that time should never see it as unfair compared to someone who is here now.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: naidray on November 03, 2017, 08:35:38 AM
It should actually be the opposit. It rewards the brave early adopters who decided to even in fact "throw away" their money for a random new project about some "weird internet money" that no one even expected to go that far. It shows that brave decisions pay off and you shouldn't be greedy when investing in new ideas. There are many new altcoins out there right now. You know that some of them will in few years be really big? They costs now a dollar, while they can go to thousands. I think it's about choosing and supporting a project that for real does something revolutionary.
Yeah, it took being brave to be an early adopter, something that not everyone had.
Many of us called it names, so many did not believe but some did. It seems unfair to them if we all at the end, ended up having equal advantage. It was a huge risk they took which is paying or has paid off for them now and when the time comes, most of us here too will be glad we did in upcoming years. That is just the way life work! First come, first serve! Unless you just got lucky.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: azguard on November 03, 2017, 01:15:53 PM
Well this is Unfair but that’s how a capitalistic society with free market works! This is same in the case of shares, whoever bought Microsoft or Apple shares in their early days are now millionaires or billionaires. The same goes for goes for a lot of other fields. We may choose to call it destiny, luck or a fluke but it is what it is and we can do nothing to change the course. There are some people who let go of a stuff only to realise that they should have held on just like early adopters who didn’t take bitcoin seriously and probably sold off or did not buy what they could have.

Why is that they believe back then in bitcoin and now they are laughing at this they probably spend little more then 100 dollars to buy 100 bitcoin back then image and just calculate the price at the moment, off course this is if they didnt sell it when it was price good for them.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: okissabam on November 03, 2017, 01:49:20 PM
I don't see it to be unfair, they knew bitcoin before we did so it is just right for them to take all the benefit before us because obviously they bought bitcoin cheaper and earlier than we did. It is just sad we found out about bitcoin before we did, but life is always unfair. There is always the so-called the "lucky ones".


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: filharvey on November 03, 2017, 01:57:26 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
There seems nothing unfair in that.
If you are too late to enter the bitcoin world,its neither your mistake nor bitcoin's mistake.
Early adopters are those who had trust in bitcoin and bought it when most of people raised doubts about it.
Some even said that bitcoin would be dead soon.
But still,those early adopters consistently supported and had faith in bitcoin.
I think that they deserve more to enjoy such tremendous benefits from bitcoin.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Fafabol on November 03, 2017, 02:25:48 PM
I don't understand why it's being unfair to early investors as they have all the opportunities to buy in cheap price. Yes they didn't knew that bitcoin will reach this far as so the one who HODL until now are the one who's lucky and profiting.
I think the most important here, early investors or just new here that we're all in right track.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: yugyug on November 03, 2017, 02:43:44 PM
i didn't see any unfair benefit for an early bitcoin adapters but they have an edge of advantage because they already buy a good position for investment, even if they hold it for at least 3 years then that is more than a times fold of  gain and profits. it is just a matter of faith if they believe that btc will hit more than 10k usd then they are most rewarded bitcoin investors.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: wildan88 on November 03, 2017, 02:59:19 PM
I think this is about luck, early adopters are lucky they are moving to invest in bitcoin and get big profits in quick time. I'm happy if many early adopters feel lucky with big a profit, this is will makes a lot of people interested in investing in bitcoin.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: magz on November 03, 2017, 03:46:32 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?

We can't say that. Because the benefit they are having is the time they gave in. The benefit is because they adapt Bitcoin early. They are enjoying the increased value of Bitcoin now, and I do not find it unfair.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: wantjokull on November 03, 2017, 03:48:05 PM


No, it's not an unfair benefit. It's just the fruit of their being risk-taker, in fact we should thank the early adopters for it's because of them why bitcoin have been successful nowadays. Years ago who would have thought that the value will blow up as higha s its value today, so its really either skill with intelligence or pure luck.



Yes you seem to be talking fair things here and I like it when someone talk about others skills and goodness. Its such true and ignored thing that what bitcoin is achieving today is all because of peoples investment, those people who believed it blindly in the past and I just love the idea of it being early investor.


It is so charming to be first and the earliest to get at something and then have the fruits of it. So may be they deserve it and its not unfair at according to me as well.



Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Hamphser on November 03, 2017, 04:35:52 PM


No, it's not an unfair benefit. It's just the fruit of their being risk-taker, in fact we should thank the early adopters for it's because of them why bitcoin have been successful nowadays. Years ago who would have thought that the value will blow up as higha s its value today, so its really either skill with intelligence or pure luck.



Yes you seem to be talking fair things here and I like it when someone talk about others skills and goodness. Its such true and ignored thing that what bitcoin is achieving today is all because of peoples investment, those people who believed it blindly in the past and I just love the idea of it being early investor.


It is so charming to be first and the earliest to get at something and then have the fruits of it. So may be they deserve it and its not unfair at according to me as well.


Its not really unfair since they are just cherishing the results of the risk they take when bitcoin was just starting and those early adopters did really make the first step because bitcoin wont really spark out if there were no people who did able to engage with it on the earliest days then bitcoin wont really gain value because the start is already been messed up and now they did succeed and i would somehow consider this as a skill and knowledge with the mix of some luck which bitcoin did progress and did able to survive upto these days with having an insane value of $7k+.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: jack1111 on November 03, 2017, 04:42:24 PM
Why you want to equalize between someone who refused to buy Bitcoin at $1 or even $100, and someone who bought great amount at those levels, they deserve to get huge profits because they took the risk and bought a crypto currency which no one believed in it at the beginning.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: killerfrost on November 03, 2017, 04:46:23 PM
I think yes. The problem here is that you can keep the spirit and reason not to sell Bitcoin after each price increase or not? If that is possible, Bitcoin will benefit early adopters and the return may be up to several dozen times the original price.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: nightxglow on November 03, 2017, 04:54:07 PM
Yes it's such a benefit for early adopters now to have bitcoin earlier. But no, it's not bitcoin fault. And also it's not unfair.
Of course the early adopters deserve to get more bitcoin than the latter befause they believe bitcoin, and invest in it even before bitcoin is so popular.
So i just think it's reward for their loyalti and also luckiness.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Monnt on November 04, 2017, 07:37:30 AM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
Bitcoin has nothing to do with that. It is the people who invested early who should be credited if they are now benefiting greatly from their investment. They made that right move to hold and/or trade which is why they are earning, not Bitcoin.
It seems to me that people have a strong sense of greed. They envy those who became rich. They don't think about the fact that people could not sleep at night, risked their money and very often lose money. People see the end result. That's why many have this attitude to those who got rich at the expense of bitcoin.
LOL. That is really a high sense of greed indeed and it is really a common thing.
As long as you did not take the chance when they all did, then it is fair that you are here at this point at that is the best amount of fairness anyone can get. Time is everything, they have paid their dues over the years.

No one can come today and expect to just bump into something that has experienced a lot of development and so many people with fears and heartaches over the years to start dragging it at the same value ? Even life does not work that way.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: jamids on November 04, 2017, 08:26:28 AM
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.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: krishnapramod on November 04, 2017, 08:58:37 AM
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.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: KuromaYoichi on November 04, 2017, 09:09:48 AM
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.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: 3la9l_kolbaCa on November 04, 2017, 09:13:15 AM
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.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: fxbit on November 04, 2017, 09:52:35 AM
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


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: pentol86 on November 04, 2017, 10:12:27 AM
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


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: vv181 on November 04, 2017, 10:18:47 AM
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.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: cydrix on November 04, 2017, 10:20:37 AM
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?.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: iv4n on November 04, 2017, 10:33:31 AM
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!


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: dothebeats on November 04, 2017, 11:48:17 AM
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.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: matchi2011 on November 04, 2017, 12:16:27 PM
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.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: 000JC88 on November 04, 2017, 02:31:14 PM
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. 


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Al Amin on November 05, 2017, 07:50:30 AM
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


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: tommy05 on November 05, 2017, 08:00:27 AM
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 !


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: pinoyden on November 05, 2017, 08:03:37 AM
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.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: khaled0111 on November 05, 2017, 11:07:06 AM
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.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: MoonJeina on November 05, 2017, 11:14:37 AM
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.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: portotoi on November 05, 2017, 11:23:54 AM
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!  ;D


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Diablesfunis on November 05, 2017, 11:28:25 AM
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.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: atc1-REAL on November 05, 2017, 11:36:45 AM
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.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: pandanaran on November 05, 2017, 11:39:01 AM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
The early holders do not get a profit free of charge, they take risks and generate profits as they are now with the high bitcoin prices. If you see bitcoin when there is no big investor and the price is still low, do you think you want to adopt it? they bet on the risk of losing.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Erkallys on November 05, 2017, 11:45:40 AM
No, that is extremely fair that the pioneers, who risked their money and time on something not at all established are rewarded. It is thanks to them that Bitcoin passed throught the hard times of its infacy to slowly become what it is now.

And you know, we are all the early adopter of someone else ;) !


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: STRAKS on November 05, 2017, 01:10:19 PM
Unfairly would imply that it was created to be advantageous for the early adopters. Yet when Bitcoin was created I doubt anyone would have predicted just how popular it would have become.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Razick on November 05, 2017, 02:16:24 PM
Yes it does, but not all of these people held their coins. Some were lost, but most were sold because they never thought Bitcoin would last, or that would be the highest the price would go. For the percentage that are still holding their coins, well they deserve them because they took a chance in a network understanding the implications early on like Satoshi having a lot of coins, but didn't care because they wanted that censorship resistance value transfer system.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: chip211 on November 05, 2017, 02:23:24 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
I find it very fair and life is fair to everyone. When it's low, people can buy it why not? When it reaches high value you complain?


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Fen1X on November 05, 2017, 02:29:55 PM
No. Early adopters are the pioneers, who invested time and money when the future was still very unclear.
They hoped, but couldn't possibly know that Bitcoin would become what it is now.
I think bitcoin exceeded everyones expectations and I think it will continue to do so for quite some time.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: ImHash on November 05, 2017, 03:46:19 PM
Yes, That doesn't give you the rights to clone a similar situation for more than 900 times :D Someone had a fight with his wife and then a few days later he decided to launch his own cryptocurrency :D


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Crafts12 on November 05, 2017, 04:10:02 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
I think it depends to the person who manages his/her own bitcoins. It depends on the skills and knowledge a persom have in terms of bitcoin. Luck is also present in bitcoin because those lucky person who won in gambling earn a lot of bitcoin in just a short period of time. If you want to earn more, just learn more and develop yourself.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Cosbycoin on November 05, 2017, 07:03:07 PM
It does give too much power to institutional investors that got in very early. They manipulate the market at their will, and manipulation translates in centralization of power, quite ironic for the idea of a decentralized currency.
Well, is not it something we should always expect, but we have to understand that those institutional investors you are referring to also took some bold steps.

If bitcoin ended up not working, they would have lost so much of what they put in but they were willing to take the risk, so I do not see that as being unfair at all. It is the way life is and there is nothing that can be done about that, but that does not make it less decentralized.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Unilevear on November 05, 2017, 07:52:57 PM
Bitcoin has nothing to do with that. It is only fair to them that they are now benefitting from the risk they took when bitcoin is just starting to build up its legacy. Those are hard decisions and investment to make since there is no assurance and they really don't know what bitcoin can give them. They just believe in it and risk some of their money. So now, they are enjoying this moment and we should not blame them just because they have so many bitcoin to spend and to invest.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: malikusama on November 05, 2017, 08:21:59 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
No way i strongly disagree with this, bitcoin isn't like network marketing which will benefit the users who joined it earlier. In fact the distribution of wealth in bitcoin is equal and balanced. Rather than before bitcoin has provided much more opportunities to earn due to its rapid growing price, now its up to the users that how they avail the opportunities.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: BartS on November 05, 2017, 10:11:56 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
This kind of idea goes against bitcoin and what it represents, it is like saying that those that invested in apple when it was starting were just lucky or that they are getting unfair advantages, that is the way things work, people that invested in bitcoin when it was worth nothing took a risk and now they are getting the rewards by believing in this technology, do you want the same earnings then invest in an altcoin and hold.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: oegarod on November 05, 2017, 10:30:06 PM
Bitcoin has got the same value, whether it's kept hold by you or me, or someone else doesn't matter. From its existence it has never been distributed in such a way that certain levels of people get increased value for the same assets and certain people doesn't. Unlike the distribution users could gave benefited upon their volume of buying and holding.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: telcell on November 05, 2017, 10:39:39 PM
Fair or not it's what it it is.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: orions.belt19 on November 05, 2017, 11:51:56 PM
I had the same thoughts but mainly because I envy the early adopters.

But no, I don't think that it's unfair that the early adopters benefited from bitcoin because they took the risk back when hardly anyone believed in bitcoin. Also, it took a lot of effort to hold those coins for several years. They simply reap their rewards as early adopters and it's not unfair. Just as how we will benefit after a few years even while other people chose not to believe in bitcoin - it won't be unfair to them for not believing in bitcoin back then.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Meowth05 on November 06, 2017, 12:21:37 AM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?

You can only blame yourself for not trusting bitcoin at the early stages like they did but here is the thing, If you buy now, wait a few years until we get mass adoption, you will be considered as an early adopter as well.
Precisley, it is your fault not on newbies because you didn't put your trust on it at first. But it is advantage for newbie because they have already seen the potential of bitcoin so they earn a high profit just like what you did. However, it is not too late to buy now and hold it for a long time then if you did it is fair.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Ngewex Yuk on November 06, 2017, 03:41:41 AM
If without support then bitcoin will not be worth it, this is reasonable because at the beginning of course something is not worth it to make people do not care, all becomes valuable when there is a lot of support from third parties such as wallet providers.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: CryptotradeGMO on November 06, 2017, 03:52:08 AM
Bitcoin will make so much difference in the financial market. We see Bitcoin at over 30.000$


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Alalex on November 06, 2017, 04:56:05 AM
Now I believe some and not all early adopters have a large amount of bitcoin and invested time and resources in unproven technology that is hardly used by anyone and it is much more difficult, early spending a large amount of bitcoin several times before it becomes valuable or just purchased in small quantities and bitcoin will increase or decrease. Bitcoin is still in its early stages, and has been designed with long-term outlook.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: d1ceplayer on November 07, 2017, 06:00:01 AM
No, that is extremely fair that the pioneers, who risked their money and time on something not at all established are rewarded. It is thanks to them that Bitcoin passed throught the hard times of its infacy to slowly become what it is now.

And you know, we are all the early adopter of someone else ;) !
They are getting what they are deserving because they trusted this coin before than anyone and on top of it nobody was investing at that time because all other think that this coin is not that much profit giving but the pioneers did well they invested their money to give this coin strength and now this coin is giving more and more and I am also in favor of early investor and this coin is giving all to them who believe in it.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Smarty14392 on November 07, 2017, 11:35:25 AM
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.
They get that what they deserve they were the first who trusted on this coin and this coin really blessed them and that their right to be blessed and yeah that’s true people bought it at 60 and if they held their coin till this time they are now the millionaire and all they get is just because of their patience and their trust, everyone can achieve like them,all need is just have faith, believe that this coin will really give big.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: jostorres on November 08, 2017, 05:48:16 AM
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.
Absolutely there will be more advantage to all those who sticked with bitcoin in hard times. There is a statement now, “If you want to find a loyal person, find in your hard times”. So whosoever help you or remained attached with you in hard time, you must reward them anyhow. And bitcoin have done same with all those who helped it in its hard crucial days.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: chelle5 on November 08, 2017, 07:11:24 AM
My answer would be a no.They have done their work and investing on bitcoin early have been their success.Because they are the ones who did take the risk to invest and the outcome now is great.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: ask on November 08, 2017, 07:14:55 AM
Early Birds always gets the biggest worm. What were you doing while people building the community and holding useless coins in their bags?
Then this is not unfair. Early Birds risked much more then everybody and gets the biggest reward.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: justspare on November 08, 2017, 09:59:42 AM
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. 
If asked me so yes, it gave early users a very high profit because in early days it was like an experiment but in that time no one was believing on any type of digital currency, it was considered fake and as a scam by many people. In that time only few of people believed on bitcoin and took the very high risk at that time and invested in bitcoins. I think they deserved the profit and got their reward for believing on bitcoin and getting such a high risk.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Yanisumin on November 08, 2017, 10:43:37 AM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?

Thats a matter on what did the early adopters did to their BTC. In my personal experience there are some people I know that been here in this forum since 2013, and some of them have a mindset of selling the BTc and their reason is that it's good to really have your money, so they don't have BTC up to these day. The benefit of course of the early adopters is their knowledge in the crypto world, and the lesson they've acquired through experience. Although there are people who keep their BTC but they are few.

The early investors in BTC is the one who have an amount of cash right now that predicted.

No. why is it unfair? because they are early investors and they earned more money than they invested and they are millionaires? dude you should be thanking them because, if they didn't invested in bitcoin maybe satoshi discontinued bitcoin and also becuse of them bitcoin gained popularity over time because of their stories some of us want to be like them so, they invested in bitcoin and it's never too late to be like them we will be like them someday just keep your faith in bitcoin.

True story here, in the end of the day we should be thankful to them because without the people who believed in BTC, the price won't reach this far, and they deserve the return of their investments because they pushed through this technology even in the hard times.
They are not the people who is here because 1 BTC might go up to 1 million, they are here because they know that the technology will thrive.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: ceferov on November 08, 2017, 10:52:27 AM
No. Because they saw the chance earlier than us. This is how investment works


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: sorrowfulnightcries on November 08, 2017, 10:56:42 AM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?

I think no, its not like early investors know that its price will go up so much that is why many people regrets not knowing or not believing in bitcoin in its early stages.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: danmoris on November 08, 2017, 12:31:52 PM
Like every start up in life, it all depends on how a project, a new job, a new company or a marriage even will develop over time.
No one can say that this is unfair! It's all about circumstances and the people involved.
Things constantly change.
With some decisions you lose, other you gain!
It's about making sound choices and a little bit of luck!
No one really knew how Bitcoin would pan out as no one knew how cars would pan out 125 years ago!


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: ArIMy11 on November 08, 2017, 01:05:18 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?

A little I think. I knew some early bitcoin adopters that only starts lat august. By august bitcoin is just 2000$ . then when they become junior I think that is in september to october they already join in campaigns then after thay campaign I think they already earn almost 15,000 pesos. Compare to my first earn. Not a half of it. They are very lucky. After that, so many airdrops came and with just one click ,they received money. But still in some cases we (long time bitcoin users) are still lucky since we have save our previous earned coins like altcoins that is now converted into bitcoin and of course the earned bitcoin so we already have savings and as the bitcoin price increases it increases too. My account seems new but I already do bitcoin last year since my friend ask me to pilot his account since he is busy in something else.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: n0ne on November 08, 2017, 01:11:35 PM
Very few could have invested into bitcoin with trust, whereas the rest just with some sort of hesitation would have invested into it. Early adaptors are the same, few had the mind to keep hold of it. The rest on experiencing small profit could have sold it for mere profits. This doesn't mean that it unfairly benefited the user.Bases on the trust as well upon the trust they had over the growth of bitcoin benefited them with relation to the capital invested.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: wim255 on November 08, 2017, 01:16:28 PM
yes. They have the courage to take risks and invest in something very strange in the early days of bite at a very cheap price. Whatever the profit they get is a very worthy gift for her. And if we are new to bitcoin, take it as evidence that investing in bitcoin is very profitable, it will be your advantage as a late user


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Jedie22 on November 08, 2017, 01:28:40 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
I don't think so, we are both equally benefited today besides we are all doing our efforts to earn here. It's just that the value of bitcoin is on fire today, maybe because it is being recognized and some legalized it in their countries.
On my opinion, No its never been unfair to those early adopters. Lets say, the early adpoters have enough money to invest like millions to invest for sure they can earn more compare to those old bitcoiners. Well, it depends the status of each and everyone of us but the most important thing we already know about bitcoin, hoping we earn more so that we can step up a little bit on our income and more profit in the future.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: cammie16 on November 08, 2017, 01:37:16 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
I don't think so, we are both equally benefited today besides we are all doing our efforts to earn here. It's just that the value of bitcoin is on fire today, maybe because it is being recognized and some legalized it in their countries.
On my opinion, No its never been unfair to those early adapters. Lets say, the early adpoters have enough money to invest like millions to invest for sure they can earn more compare to those old bitcoiners. Well, it depends the status of each and everyone of us but the most important thing we already know about bitcoin, hoping we earn more so that we can step up a little bit on our income and more profit in the future.

Agree, not all early adopters of bitcoin benefited from it. Those who benefits are those who believe and who invest more. I think it's the traders who benefited more with bitcoins. They buy when its down and sell when its up. So still it's not unfair.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: lienfaye on November 08, 2017, 01:38:33 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?

I dont understand why you are thinking its unfair. Well early investors deserved to earn for taking the risk in time where there is no assurance of profit gain because at that time btc is young to get trust from investors.

The existence and success of bitcoin can also be credited to the early users who believe in it. Even we turn back the time, i think it will be hard for me to trust this currency because i dont know whats ahead, indeed regrets are felt when its just too late.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: yamortsac on November 08, 2017, 01:45:29 PM
It's not unfair for the early bitcoin adopters to earn great amount of income because they deserve it for being a believer of Bitcoin even in its early creation although they didn't know then what will happen in the future of bitcoin. I just regret that i didn't have the chance to know the bitcoin before. But still its not too late, if we believe now, we can be the that early adopters in the future.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: CryptoClown on November 08, 2017, 01:53:11 PM
I don't see any reason why you think it is unfair for the early adopters. What I think about them is they are the "lucky ones" and I am sure most of the people here know the reason why. Even though BTC rates are really small in the early times, early adopters are very lucky to jump in the Bitcoin bandwagon as this currency's value moves a lot. Can't imagine how "rich" those early adopters nowadays  ;D


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: gabmen on November 08, 2017, 02:00:40 PM
I don't see any reason why you think it is unfair for the early adopters. What I think about them is they are the "lucky ones" and I am sure most of the people here know the reason why. Even though BTC rates are really small in the early times, early adopters are very lucky to jump in the Bitcoin bandwagon as this currency's value moves a lot. Can't imagine how "rich" those early adopters nowadays  ;D

Right. It's not their fault that they had the guts to get in to something gat unsure before. Its all about having the guts to gamble. People who regret not getting into bitcoin when they had the chance probably would see it unfair but its not.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: ROB18 on November 08, 2017, 03:53:13 PM
No. Because these are the people who really took the risk and keep hold of there BTC even things are seems rough. So its ok. They deserved it.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: olushakes on November 08, 2017, 04:07:02 PM
I went for NO because its just a payment for their loyalty at a time where anyone of us would not have touched bitcoin even though we might know about it. If anyone of thme is cahing the millions now, then its because he / she took the risk when the decision was not a popular one. And we should even be thanking them in addition to what they have already because without them believing, then there wont be any bitcoin for us to meet at this time.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Sadlife on November 08, 2017, 04:12:18 PM
Nope just because your an early adopter in bitcoin doesn't mean you can benefit from it you need some capital, funds to make big profits in bitcoin earning through sig campaigns and bounties is a long hard way but if you have millions of capital to invest then you can big returns also with a potential risk cause any investment that requires large investment has also risk.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: krisnt80 on November 09, 2017, 03:09:48 AM
Knowing a few people were the first to get and support bitcoin, no matter if curiosity or a real investment into it, the fact is they had used bitcoin and spread away about it, without this people bitcoin could had die as several projects wich hasnt any kind of support. I doubt the most early adopters still with bitcoin nowadays, they had sold all in the past, they can had returned again to bitcoin but well, the true is anybody can get bitcoin, but will have to pay a tiny extra for the value and potencial it has.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Shattered on November 10, 2017, 02:33:58 AM
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 early 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 benefited before when bitcoin was of very  negligible value.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Pinkris128 on November 10, 2017, 02:44:39 AM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
It depends to the person who knew bitcoin. It is because even if a person knew bitcoin early but doesnt do anything to improve his/her knowledge and skills in bitcoin, nothing will happen to him. But if a person who suddenly knew bitcoin for a while and exert great effort and time to master and maximize his/her knowledge about bitcoin, i think they will become more successful than those who knew bitcoin first.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: qwertyup23 on November 10, 2017, 03:09:25 AM
Definitely no. Regardless of an individual knowing bitcoin ever since it started, the opportunities it provides are open to all social status of people. The first investors of bitcoin are definitely enjoying right now due to the risk they have taken when it first started. Take note, the prices before were less than ~$100 and they managed to conquer the risks of it. Early adopters of bitcoin are also on the same track, considering the price increasing as the years passed. One day we might see bitcoin reaching the $10,000; now is the perfect time to invest especially when the fork hits, expect prices to decrease.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: tmawheba on November 10, 2017, 03:16:29 AM
It is easy to say that unfairly or fairly benefit for the early adopters. One thing we have to accept that how much risk they had taken by trusting bitcoin if they wont take that risk might we not able to even think about bitcoin so I will not say unfairly bitcoin benfit early adopters.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: fasdorcas on November 10, 2017, 12:54:33 PM
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.
Why not mate? Bitcoin for me is the everything because the value and he price of the bitcoin is enough for the life and I know the bitcoin will give us the best source of the money making I hope in the future I will have the bitcoin and I will hold for the long time this will be the best saving ever because now the value of the bitcoin is increasing more and more for the future profit and the income from the bitcoin only.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: BartS on November 10, 2017, 07:08:55 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?

You can only blame yourself for not trusting bitcoin at the early stages like they did but here is the thing, If you buy now, wait a few years until we get mass adoption, you will be considered as an early adopter as well.
Correct, not even 1% of the human population has adopted bitcoin, if bitcoin reaches wide adoption and you hold your coins you have now until that point, then the ones claiming it was unfair will be the ones that got in late, in fact we are also early adopters even if it does not seem like it because of the high price of bitcoin, this should show to us the incredible potential bitcoin has and the enormous price it is going to reach in the future.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Yankeestyle on November 10, 2017, 07:28:09 PM
It is anything but difficult to state that unreasonably or decently advantage for the early adopters. One thing we need to acknowledge that how much hazard they had taken by trusting bitcoin in the event that they wont go for broke may we not ready to try and consider bitcoin so I won't state unjustifiably bitcoin benfit early adopters.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: cr_liev on November 10, 2017, 07:48:04 PM
You should better think of your money rather than envy those who was faster. I think those who were first are worth all the benefits, arent' they?


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: senne on November 10, 2017, 07:53:31 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?

Bitcoin is not some kind of airdrop, where early users will get more benefit than rest. Early users who have invested at right time are enjoying better returns when market rises moreover Bitcoin price is highly dependent upon demand factor so over the time as demand rises price will rise that's why it is advisable to invest in Bitcoin as early as possible to get maximum returns.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: justspare on November 11, 2017, 11:40:39 AM
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 !
There is a famous quotation that “If you to go for something big then you have to think big”. I must say that bitcoin is giving an edge to the ones who are having it since the time it was introduces t this world but there is nothing unfair in it.

Those people actually believe in bitcoin at the time when no one out of us was even knowing about bitcoin. This is just a small gift from bitcoin to them.



Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: paparexon0414 on November 11, 2017, 11:45:57 AM
I believe its not unfair. Because the one who invested in it early doesn't know that Bitcoin will be this huge. People can still invest in bitcoin. Early adopters is just so very lucky or which we can say a very good investor and hold their coins for a very long time. They benefit most of it because the invested not just money but also a lot of time waiting


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Gozie51 on November 11, 2017, 12:10:54 PM
I would say no, that bitcoin was fair to early adopters. My reason is that bitcoin provided an avenue for wealth generation for them at that time and now. For instance the adoptors who sold then would have made additional profit to how much they bought too and standard of living then would have been lower to what we are witnessing now, thus, if they used the proceeds of their sell judiciously ,  they won't be unfairly treated by bitcoin.

On the other hand, for the early adopters who had the vision and excecised the most important virtue of long time investment - patient, to wait to this time, should be in real wealth.

So, which ever way, it wasn't an unfair benefit.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: NavySeals on November 11, 2017, 12:14:29 PM
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 !
There is a famous quotation that “If you to go for something big then you have to think big”. I must say that bitcoin is giving an edge to the ones who are having it since the time it was introduces t this world but there is nothing unfair in it.

Those people actually believe in bitcoin at the time when no one out of us was even knowing about bitcoin. This is just a small gift from bitcoin to them.


This is the most weird thing I've ever seen on the forum.

Does gold unfairly benefit early adopters?
Does Dow Jones unfairly benefit early adopters?
Does silver benefit early adopters?

It's obviously not logical to ask this kind of questions. There is no fair or unfair on the economy. There is only the term, time. Eventually, everything's price goes up.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Hamstead on November 11, 2017, 02:57:58 PM
I would say no, that bitcoin was fair to early adopters. My reason is that bitcoin provided an avenue for wealth generation for them at that time and now. For instance the adoptors who sold then would have made additional profit to how much they bought too and standard of living then would have been lower to what we are witnessing now, thus, if they used the proceeds of their sell judiciously ,  they won't be unfairly treated by bitcoin.

On the other hand, for the early adopters who had the vision and excecised the most important virtue of long time investment - patient, to wait to this time, should be in real wealth.

So, which ever way, it wasn't an unfair benefit.
As I look back when this technology exist, I can't imagine how far is bitcoin right now. Of what we have now is a great achievement and we thankful enough for the early adopters who made this to become popular. And the risk they struggled from the start are being paid off.
It's benefits are not just only for the early adopters as they have credited more but also for the new comers who we're the next to bring its greatness.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: appleffi on November 11, 2017, 03:05:05 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?

My answer is no. There is a saying, the early birds catches the worm, this saying can be applied to the early adopters of bitcoin, the fruit of being punctual in terms of having knowledge about this bitcoin would be gaining as much as its value right now and I don't think its unfair because they put an effort and a big trust to achieve the success it is experiencing right now.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: chelle5 on November 11, 2017, 04:12:19 PM
It is their fate to get that.Because of early time to join in bitcoin so they get the good opportunities.It is okay for me because they deserve it.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: jekjekman on November 11, 2017, 04:38:11 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?

No, if you are one of the early adopters of Bitcoin with the price of less than $1 then after sometimes it suddenly goes up to a hundred then you will feel happy of course but with its current price of almost $7000+ you will be feel regret if you sold it when it was a hundred only even though you think that you maximize your profit of a 100 times from your initial investment.

There is no unfair aspect for me in Bitcoin though it is just that there is a few fortunate people that trusted that it will grow in the future and I think there is only less than %1 of the total Bitcoin population that really holds their coins as of now, it is everyone's choice to withdraw and hold their Bitcoins so there is no unfair or whatsoever.



Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: buytheeffinD on November 11, 2017, 04:47:06 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?

I wasnt early (ie no bias) and I say no that it does benefit them unfairly. I mean they take the blunt of the risk when this started out their hundreds or thousands of dollars could have turned into dust within a few weeks or months at the time so no I say that is crazy. They took the risk therefore the reward they get is also theirs. Imagine what you would have been saying if bitcoin busted "how could you buy useless online garbage money".


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Bestfriendko on November 12, 2017, 01:44:06 AM
Unfairly? Is there even such a law for a certain individual to venture into something that were still very much uncertain? No, there is none.
I strongly admire the early adopters for they took a vast leap of faith for gambling into bitcoin. They mastered their fear and collect all their guts for something very raw and unknown to some, believing that it (bitcoin) will potentially blossom into something huge. And it did.
Now, the early adopters were rewarded extensively for being a risk taker. We should follow their example.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: cryptojac17 on November 12, 2017, 02:53:32 AM
Unfairly? Is there even such a law for a certain individual to venture into something that were still very much uncertain? No, there is none.
I strongly admire the early adopters for they took a vast leap of faith for gambling into bitcoin. They mastered their fear and collect all their guts for something very raw and unknown to some, believing that it (bitcoin) will potentially blossom into something huge. And it did.
Now, the early adopters were rewarded extensively for being a risk taker. We should follow their example.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: cryptojac17 on November 12, 2017, 03:01:36 AM
Unfairly? Is there even such a law for a certain individual to venture into something that were still very much uncertain? No, there is none.
I strongly admire the early adopters for they took a vast leap of faith for gambling into bitcoin. They mastered their fear and collect all their guts for something very raw and unknown to some, believing that it (bitcoin) will potentially blossom into something huge. And it did.
Now, the early adopters were rewarded extensively for being a risk taker. We should follow their example.
No it does unfair to the early adopters becuse every one has an opportunity this kind fair market place for the early adopters window of opportunity is still wide because the price still growing.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: White Christmas on November 12, 2017, 03:02:52 AM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
My answer is no. I think it depends to the person who earn and gain bitcoin. Even if a person is an early adopters or not, as long as they have the skills and knowledge on how they can maximize their profit in bitcoin, there wil be no unfair benefit. Just remember to be careful with your bitcoin and dont be afraid to take risks.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: dermur on November 12, 2017, 07:29:02 AM
The reward scales with risk taken. Early adopters always have more risk, hence it makes sense they get more reward. Just look at all the ICO participants–high risk as many of them don't last, but if one becomes a major player then they get an outsized reward for that risk.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: krauzzer02 on November 12, 2017, 09:17:58 AM
Nope It is because even they are early adopters some of them messed up their bitcoin and made a huge mistakes and loses. Why? the hype is really tempting when you are a pioneers of bitcoin where the price is still small and can be afford by ordinary citizens, some of the buy the FOMO of other altcoins and some them believe in the FUD that is spreading that time what is their reaction? panic selling missing out the big opportunity that is already happening now and that is the edge for the late adopters they learn from their mistakes and continues to hodl.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: atronax on November 12, 2017, 09:24:03 AM
Nobody would even know about BTC without struggle of early adopters. Would you buy some fictional digital number based on only IT-sector known technology without real value and use cases, as it was at the very beginning? Only later, pure enthusiasm, development and marketing made it what it is right now. So, it's their right to get benefit out of this situation.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Zekemporium on November 12, 2017, 10:40:27 AM
But is not that is completely fair for those people who are early birds in the investment? They are the one who support the real development when they come early and show their trust in the bitcoin. I think this is completely fair that they are getting benefited from it. Because they are the one who push the market for the bitcoin in early stages, depending in which we others, the late comers start believing into that and then make the investment. I think its fair to have that.




Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Sled on November 12, 2017, 11:07:09 AM
Yes, bitcoin unfairly benefited the early adopters but there is nothing to do much for that because that is the bonus or reward of the people who believed in bitcoin for a long time and also to those people who just buy and hold bitcoin in the earlier stage of bitcoin. If you want to get benefits for bitcoin also then just hold your bitcoin for long term.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: cramcram21 on November 12, 2017, 12:40:08 PM
I think it is their advantage because they trust it in its early age ,
But I think all of the early adopters have already sold their coins.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Macai on November 12, 2017, 01:48:24 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
It's up to the people on how they are using bitcoin in their life. For me I am using bitcoin to support our life in providing our needs and I can say that j was benefited a lot by bitcoin.  So I think bitcoin Unfairly distributed early adopters.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: CuriousGeorge on November 12, 2017, 01:52:40 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
My answer is no. I think it depends to the person who earn and gain bitcoin. Even if a person is an early adopters or not, as long as they have the skills and knowledge on how they can maximize their profit in bitcoin, there wil be no unfair benefit. Just remember to be careful with your bitcoin and dont be afraid to take risks.
But frankly, all those early adopters get such an easy money and could instantly become millionaires. Well it's indeed the benefit of being early adopters and actually everyone have the same chance once bitcoin's born.
But, even if you have skill to maximize your profit in bitcoin, you will have a very low chance of becoming a millionaire within an instant time.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: surix on November 12, 2017, 02:01:30 PM
Early adopter's belief and contribution made Bitcoin's today, how you can say it's "unfair"?

A lot of people heard of Bitcoin back in 2013, and only very few actually participated in Eco System. It's not Bitcoin's fault, it's their own decision.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: barbara44 on November 13, 2017, 10:49:01 AM
No, that is extremely fair that the pioneers, who risked their money and time on something not at all established are rewarded. It is thanks to them that Bitcoin passed throught the hard times of its infacy to slowly become what it is now.

And you know, we are all the early adopter of someone else ;) !
They are getting what they are deserving because they trusted this coin before than anyone and on top of it nobody was investing at that time because all other think that this coin is not that much profit giving but the pioneers did well they invested their money to give this coin strength and now this coin is giving more and more and I am also in favor of early investor and this coin is giving all to them who believe in it.
I don’t think so that there is anything like that of unfair sort of thing. Early adapters are no doubt enjoying the perks of having bitcoins in their wallets more than anyone else. The thing is they trusted bitcoin at the time when no one out of us was even aware of the word bitcoin. I must say that this is what they actually deserve and they are indeed enjoying having bitcoins in their wallets.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: lemonscentedbreeze on November 13, 2017, 11:09:17 AM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?

Yes, its obvious they would benefit the most because they started buying it at early price.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Joon RBlock on November 13, 2017, 11:22:08 AM
Definitely Not! 1) It would be unfair if you couldn't participate early on. Everyone had the chance to invest relatively early on, now that the price is high people are kicking themselves. 2) Early adopters took significant risk. e.g All the wallet services & exchanges didn't exist back then.All projects need to reward early risk takers otherwise the projects would never have gone anywhere.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: crustez00 on November 13, 2017, 11:38:08 AM
I answered No because the treatment or the worth of profit that the early adapters earned are fair for me since they have been there o its early stage which means that they have gambled their fortune for the future. Which we all know is worth it since they have not just doubled their profit but even greater than what they have expected to earn. To sum up, is was not unfair in the first place since they have gambled with their fortune unknowingly how good will bitcoin will turn into.

i am agree with this lad opinion  :) they got to risking their wealthiness and investment in the early phase of bitcoin. So bitcoin right now can be like this because of early adopters. yeah you can say that they're pioneer. but, what matter is to HODL its coin and believe in the coin itself  :) that's my opinion


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: webdevmastery on November 13, 2017, 12:05:56 PM
Absolutely yes, There are a lot of videos on youtube where people who invest in bitcoins before are already billionaires today. So i think that everyone should earn bitcoins as early as they so they can earn more profit in the future.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Tantlizbat on November 13, 2017, 12:49:56 PM
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.
They get that what they deserve they were the first who trusted on this coin and this coin really blessed them and that their right to be blessed and yeah that’s true people bought it at 60 and if they held their coin till this time they are now the millionaire and all they get is just because of their patience and their trust, everyone can achieve like them,all need is just have faith, believe that this coin will really give big.
They have right to get this much profit because they are pioneers and they trusted into this coin when nobody was accepting its presence and now bitcoin is blessing its true believers and there is nothing unfair in it because they keep patience and in bitcoin this is rule that the one who will hold for the most time more he will earn we can also join their party by investing into this coin can achieve more than pioneers.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: GreenStox on November 13, 2017, 01:12:41 PM
who feel harmed by it? I think that's fair, especially if early adopters have a skill that is better than the old adopters. I personally don't feel it's not fair, and I think it is good if the early adopters benefit, so everyone will be easily attracted to adopt bitcoin.
 


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: katrimans on November 14, 2017, 07:45:46 AM
yes. They have the courage to take risks and invest in something very strange in the early days of bite at a very cheap price. Whatever the profit they get is a very worthy gift for her. And if we are new to bitcoin, take it as evidence that investing in bitcoin is very profitable, it will be your advantage as a late user
I will not say this thing that bitcoin is unfairly benefiting the ones who bought bitcoin at early ages. In fact, this is the reward which they are getting in return from that of bitcoin. The reward of trusting bitcoin and that too at the time when there were very few who were willing to invest their money in bitcoins. There is no point of complaining about anything. It is our fault that we haven’t invested at that time.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: davinchi on November 14, 2017, 12:36:38 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?

I dont understand why you are thinking its unfair. Well early investors deserved to earn for taking the risk in time where there is no assurance of profit gain because at that time btc is young to get trust from investors.

The existence and success of bitcoin can also be credited to the early users who believe in it. Even we turn back the time, i think it will be hard for me to trust this currency because i dont know whats ahead, indeed regrets are felt when its just too late.
This is not the unfair at all the way because now almost all the people are buying the bitcoin and the are aware of the thing that they are doing so it is the best thing that the bitcoin is increasing in the power and the value while we are not aware of the huge income and the price I am very sure the bitcoin will give you the best till the year finish so be the bitcoin user and wait till the price of the bitcoin will be high.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: gabmen on November 14, 2017, 12:42:37 PM
who feel harmed by it? I think that's fair, especially if early adopters have a skill that is better than the old adopters. I personally don't feel it's not fair, and I think it is good if the early adopters benefit, so everyone will be easily attracted to adopt bitcoin.
 

Exactly. Things then weren't as certain as now and people would've needed iron balls to gamble investing in btc. So its just right that their belief is rewarded with whatever they're having right now because of bitcoin


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: romecheo on November 14, 2017, 12:53:00 PM
Early adopter are just taking their parts, they invested their time, their trust for Bitcoin and even some portion of their fiat.

on the other hand Bitcoin just returning only what is needed.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Gotottack on November 14, 2017, 01:06:21 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?

YES if and only if these early adopters held their Bitcoin up to now or up to a point where their Bitcoin's value substantially grew in close reference to the time they bought Bitcoin vis a vis its price at the time it was bought. In short, it is a matter of Return of Investment and Return on Investment. Otherwise, there is no way it would unfairly benefit only early adapters because the latter has nothing to do with how much money you grow in Bitcoin. This is NOT a Ponzi Scheme where only the early adapters get rich through the hard work of its new members. 


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: meanwords on November 14, 2017, 01:15:49 PM
Actually no, those early adopters doesn't really know of what Bitcoin will become in the future, what they care about is the potential technology that Bitcoin offers. Now, Bitcoin rewards them with rich and luxurious Life for having faith in it and for their hardwork. This is how the world works, you never really know of what's going to happen in the future, you only have faith to guide and help you.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: heraldlazaro25 on November 14, 2017, 01:30:00 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
For me, bitcoin doesnt benefit most those people who knew it early. It depends to the person's skills and knowledge about bitcoin on how he can earn and gain more profit to it. There are some people who have spend half of their lives earning bitcoin but still dont achieve success in life while there are some peolple who are full of courage and very skillfull that they reach their dreams in with help of bitcoin in just a short period of time.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Aba on November 15, 2017, 05:03:13 AM
This statement is wrong because the early adopters must have taken the time, energy and thought to learn and also introduce to the public so that the bitcoin is known by society . With their hard work, bitcoin could be like now known by the people and have high value.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: jonatuzc on November 15, 2017, 05:11:36 AM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?

I think no, its not like early investors know that its price will go up so much that is why many people regrets not knowing or not believing in bitcoin in its early stages.
Bitcoin do favor the early adopters but I don’t think so that it is unfair in any means. This benefit could be considered as a reward of their firm belief and a constant investment phase maintained by the holders in the past years. They did not give up on this cryptocurrency even in the times of a value drop and hence are enjoying the fruit of their early input.

So we have many examples of such people becoming billionaire in this way such as a boy who just turned 18 and haven’t joined any college because he has won the bet with his parents that he would be a millionaire in his teens.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Malaya on November 15, 2017, 05:32:57 AM
I believe its not unfair. Because the one who invested in it early doesn't know that Bitcoin will be this huge. People can still invest in bitcoin. Early adopters is just so very lucky or which we can say a very good investor and hold their coins for a very long time. They benefit most of it because the invested not just money but also a lot of time waiting

I also believe the same. Why early adopters feel unfair about bitcoin. Actually they have chosen the right thing to do in investing bitcoin early because they gained more money now more than ever because they've bought their bitcoin cheaper than now. The time also they have on it in investing bitcoin is also great because they might earning pretty better on it.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Biggapp on November 15, 2017, 11:23:01 AM
Early adopter are just taking their parts, they invested their time, their trust for Bitcoin and even some portion of their fiat.

on the other hand Bitcoin just returning only what is needed.
Yeah it is not good to put all of your income in the short time and even when you are not having the experience with the fiat and the investing of the fiat now thousands of the people are buying the bitcoin and the bitcoin value will increase, I hope you will see the bitcoin at the top of the other currencies and the range of the bitcoin price will be the highest price till the end of the year and the coming year will be the best year for the bitcoin.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: muhammad-adnanzain on November 15, 2017, 11:28:20 AM
No, education and information of bitcoin is unfair some people have the information some of them donot have the information.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: ramsdaj28 on November 15, 2017, 11:40:11 AM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
It's not actually unfair. In fact, bitcoin is a fair network, imo. No one really expected that bitcoin will be reaching its $7,000-mark this year, not even Satoshi Nakamoto.Those who haven't invested in bitcoin when its price was still $1.00 way back in 2011 might feel disappointed, but for those who invested, this is the fruit of their investment.

I think, it's the people's trust which make a difference in bitcoin's fate, and it is safe to say that those people were the ones who actually benefited from bitcoin's success.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Lagduf on November 15, 2017, 11:52:37 AM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
It's not actually unfair. In fact, bitcoin is a fair network, imo. No one really expected that bitcoin will be reaching its $7,000-mark this year, not even Satoshi Nakamoto.Those who haven't invested in bitcoin when its price was still $1.00 way back in 2011 might feel disappointed, but for those who invested, this is the fruit of their investment.

I think, it's the people's trust which make a difference in bitcoin's fate, and it is safe to say that those people were the ones who actually benefited from bitcoin's success.
Things just works the same like to those people who invest into Apple and Google, Bitcoin giving a chance for many people to become a millionaire but unfortunately many of them missed it because they have no faith with bitcoin. and as you pointed out,it's the fruit of their investment, those early adopters investing their time and money to bitcoin with risky, but why people just think bitcoin unfairly benefit early adopters. that actually just doesn't make sense at all.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: BartS on November 15, 2017, 07:38:54 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
I don't think so, we are both equally benefited today besides we are all doing our efforts to earn here. It's just that the value of bitcoin is on fire today, maybe because it is being recognized and some legalized it in their countries.
On my opinion, No its never been unfair to those early adapters. Lets say, the early adpoters have enough money to invest like millions to invest for sure they can earn more compare to those old bitcoiners. Well, it depends the status of each and everyone of us but the most important thing we already know about bitcoin, hoping we earn more so that we can step up a little bit on our income and more profit in the future.

Agree, not all early adopters of bitcoin benefited from it. Those who benefits are those who believe and who invest more. I think it's the traders who benefited more with bitcoins. They buy when its down and sell when its up. So still it's not unfair.
Many early adopters actually used their coins, like the famous case of the person that bought pizza with bitcoin, while right now many of us are storing most of our coins knowing the price of bitcoin is going to go up, so it is likely that many early adopters did not benefit financially from bitcoin as much as we think they did, but there are obvious cases of people that stored their coins and that now are millionaires thanks to that.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Loveydovey04 on November 15, 2017, 07:48:00 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
I think it is still the same. The early investors had not instantly benefited on it easily, as time passed by the value increased several times so by keeping bitcoin for long it gave them this huge benefit. The early adopters as u said benefit less is because of the length of time as well. Maybe 4 years from now if they’ve invested now bitcoin will be 10x its price right now (assumption) then the result will still be the same.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: cherryganda on November 15, 2017, 08:14:13 PM
well thats life, they trust bitcoin on early stage and now they are harvesting the fruit they invest before ! if you aqre one of the early bird im sure you are enjoying now the lluxury of it..


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: BitcoinPanther on November 15, 2017, 08:15:53 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
I think it is still the same. The early investors had not instantly benefited on it easily, as time passed by the value increased several times so by keeping bitcoin for long it gave them this huge benefit. The early adopters as u said benefit less is because of the length of time as well. Maybe 4 years from now if they’ve invested now bitcoin will be 10x its price right now (assumption) then the result will still be the same.

True, early adopters had been selling and buying Bitcoin.  There are lots of early adopters that sold out all their bitcoin since they thought that it is high enough to let go of 1 Bitcoin per 20 cents.  Those who holds bitcoin and believe it should really benefit from the time of waiting, promoting and pushing bitcoin to every banner ads in the internet.  We cannot expect late comers to have the same profit as early adopters.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: yrreg ger on November 15, 2017, 09:25:59 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
I think it is still the same. The early investors had not instantly benefited on it easily, as time passed by the value increased several times so by keeping bitcoin for long it gave them this huge benefit. The early adopters as u said benefit less is because of the length of time as well. Maybe 4 years from now if they’ve invested now bitcoin will be 10x its price right now (assumption) then the result will still be the same.

True, early adopters had been selling and buying Bitcoin.  There are lots of early adopters that sold out all their bitcoin since they thought that it is high enough to let go of 1 Bitcoin per 20 cents.  Those who holds bitcoin and believe it should really benefit from the time of waiting, promoting and pushing bitcoin to every banner ads in the internet.  We cannot expect late comers to have the same profit as early adopters.

Right, not all early adopters have benefit from the huge increase in the price of bitcoin. Considering the needs in order to live, some of them might have spent their bitcoin already in exchange for fiat and some of them might have sold their bitcoin losing hope that the price will never be as high today. Early adopters might have been calculating and thinking whether investing their time, money and effort in earning bitcoin. If others will say that it is unfair that early adopters should benefit more then there must be something what we call "envy" growing inside them.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Agostosmori on November 16, 2017, 12:49:56 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
I think it is still the same. The early investors had not instantly benefited on it easily, as time passed by the value increased several times so by keeping bitcoin for long it gave them this huge benefit. The early adopters as u said benefit less is because of the length of time as well. Maybe 4 years from now if they’ve invested now bitcoin will be 10x its price right now (assumption) then the result will still be the same.

True, early adopters had been selling and buying Bitcoin.  There are lots of early adopters that sold out all their bitcoin since they thought that it is high enough to let go of 1 Bitcoin per 20 cents.  Those who holds bitcoin and believe it should really benefit from the time of waiting, promoting and pushing bitcoin to every banner ads in the internet.  We cannot expect late comers to have the same profit as early adopters.

Right, not all early adopters have benefit from the huge increase in the price of bitcoin. Considering the needs in order to live, some of them might have spent their bitcoin already in exchange for fiat and some of them might have sold their bitcoin losing hope that the price will never be as high today. Early adopters might have been calculating and thinking whether investing their time, money and effort in earning bitcoin. If others will say that it is unfair that early adopters should benefit more then there must be something what we call "envy" growing inside them.

Not just on prices but early adopters were able to get their coin at a lower investment unlike late comers who needs to shell out larger amount of money just for a single coin. And most of the whales now a days are the early adopters and they are earning huge amount of money every time there is a change on coins prices.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: KEPLER99 on November 18, 2017, 07:20:29 AM
The reward scales with risk taken. Early adopters always have more risk, hence it makes sense they get more reward. Just look at all the ICO participants–high risk as many of them don't last, but if one becomes a major player then they get an outsized reward for that risk.
The early adopters of the bitcoins are getting advantage form it at ah higher scale than those who had recently adopted the use of this digital asset. This is because they have passed through a lot many phases of high risk and hence they are the ones who deserve to get the most out of it.

All one needs to get to this level is nothing but a constant belief if the use of cryptocurrencies and do not let them be sold in the time of. This gradual prices eventually lead to the success of a person in the long run but wait and patience are the basic factors behind success through this method.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Sithara007 on November 18, 2017, 07:27:51 AM
What is wrong with that?

It was the early adopters who took the risk of mining Bitcoins (with their own money) in 2010 and 2011, when the mainstream media channels were mocking Bitcoin as a ponzi scheme. It were these same people who popularized Bitcoin through blogs and social media. If they should not benefit out of Bitcoins, then who else should benefit from it?


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Zadicar on November 18, 2017, 07:30:32 AM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
I think it is still the same. The early investors had not instantly benefited on it easily, as time passed by the value increased several times so by keeping bitcoin for long it gave them this huge benefit. The early adopters as u said benefit less is because of the length of time as well. Maybe 4 years from now if they’ve invested now bitcoin will be 10x its price right now (assumption) then the result will still be the same.

True, early adopters had been selling and buying Bitcoin.  There are lots of early adopters that sold out all their bitcoin since they thought that it is high enough to let go of 1 Bitcoin per 20 cents.  Those who holds bitcoin and believe it should really benefit from the time of waiting, promoting and pushing bitcoin to every banner ads in the internet.  We cannot expect late comers to have the same profit as early adopters.
Not all early adopters  are rich as of now and same as you said some of them did able to sell off their stash on the ealiest time when they do see that they are already on profits the same on what we are doing now but the main advantage for them is that they are making  transactions with the price of bitcoin is still low which would really differ when it comes to profitability and for those who hold upto now would really be deserve to get those huge profits.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Hasbro27 on November 18, 2017, 07:35:46 AM
in my opinion not so, because most who have and know about bitcoin from the beginning already many that have been sold since the first, maybe only a few who still keep it until now


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: amla on November 18, 2017, 07:44:09 AM
Bitcoins is nothing to do with early adopters,it is just crypto currency means if you invest in some digital trade in return it will benefit you .Actually it is the online trade or investment that makes you profitable.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: best ever on November 18, 2017, 11:02:35 AM
No, not unfairly. Just remember the story about the American guy, who placed an advertisement about buying 2 pizzas for thousands of Bitcoins. It was in 2010. Since that time real fans of Bitcoin were mining, trading, investing BTC, they gave up even their jobs as they believed in BTC future. Their efforts and patience had to be awarded!


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: davinchi on November 19, 2017, 06:16:30 AM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?

I wasnt early (ie no bias) and I say no that it does benefit them unfairly. I mean they take the blunt of the risk when this started out their hundreds or thousands of dollars could have turned into dust within a few weeks or months at the time so no I say that is crazy. They took the risk therefore the reward they get is also theirs. Imagine what you would have been saying if bitcoin busted "how could you buy useless online garbage money".
Those of you that says that Bitcoin is unfairly benefiting the early adopters, you should ask yourself, what if you are in their shoes and you’re among the first adopters, won’t you be happy that you did? So there is no need to be jealous of those who got lucky and adopted it earlier. So for me, I say No, Bitcoin is not benefiting early adopters unfairly, it is their effort, so they deserve it.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Reid on November 19, 2017, 06:24:02 AM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?

I wasnt early (ie no bias) and I say no that it does benefit them unfairly. I mean they take the blunt of the risk when this started out their hundreds or thousands of dollars could have turned into dust within a few weeks or months at the time so no I say that is crazy. They took the risk therefore the reward they get is also theirs. Imagine what you would have been saying if bitcoin busted "how could you buy useless online garbage money".
Those of you that says that Bitcoin is unfairly benefiting the early adopters, you should ask yourself, what if you are in their shoes and you’re among the first adopters, won’t you be happy that you did? So there is no need to be jealous of those who got lucky and adopted it earlier. So for me, I say No, Bitcoin is not benefiting early adopters unfairly, it is their effort, so they deserve it.

The patience they happened to absorb with all of the hike of bitcoin is really great.
If I were them I might have sold it even if it is just at the $1000 mark.
So i say no also.
They endured everything that happened and held their coins for a long time. It is only a good payment for those who survived it.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: JohnBitCo on November 19, 2017, 06:24:19 AM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
It's not actually unfair. In fact, bitcoin is a fair network, imo. No one really expected that bitcoin will be reaching its $7,000-mark this year, not even Satoshi Nakamoto.Those who haven't invested in bitcoin when its price was still $1.00 way back in 2011 might feel disappointed, but for those who invested, this is the fruit of their investment.

I think, it's the people's trust which make a difference in bitcoin's fate, and it is safe to say that those people were the ones who actually benefited from bitcoin's success.

Also you can see this early adoption in another sense. If a person shows trust in bitcoin and invest in it in early days, how it will be unfair with the other person who thought in that early days that bitcoin will be a failure ?
It is absolutely not unfair for early adopters of bitcoin to get more benefit and those who invest late absolutely cant get bitcoins at such low price now.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Bagaji on November 19, 2017, 06:34:15 AM
Op, my answer is absolutely No because the benefit is perfectly fair for the early adaptors of Bitcoin and not the other way round. They were the serious risk takers that believe in the future of Bitcoin and crypto currency in general and without them we wouldn't have been where we are today in the crypto currency world.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: SashaAbraham on November 19, 2017, 06:36:00 AM
Unfairly... I think this term doesn't fit in that situation.
The situation with early adopters and super growth that bitcoin demonstrated us is just reality. No matter if somebody bought bitcoins in 2010-2011 because of belief in the technology, or somebody bought because he or she saw bitcoin as a cool speculation tool, or somybody bought just for fun and forget about it for 5 years. It just fact that they bought.
So my congratulations to that early adopters.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: China8888 on November 19, 2017, 06:41:53 AM
depends...

risk ad untested at first, they took a gamble. Depends when they cashed out and how often they flipped.

now its full of whales, and much harder due to costs of entry etc. But lots of upside potential still


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: marcbitcoins on November 19, 2017, 06:48:03 AM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?

No, because they are lucky that they bought bitcoin at very cheap price before at much less as $1 per bitcoin value and now they will sell it high. I just understand why this world unfairly because i don't see any unfriendly or any madness that bitcoin will give to the pioneering investors but only very fortunate for them.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: 1BTC EQUALS 1CAR on November 19, 2017, 06:49:29 AM
What's unfair about that? Early adopters don't even know where this is heading before they bought it and they just believe in it. And there's a lot  of ups and downs that has happened with bitcoin and some of them has already sold it so nothing is unfair about that.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: regan101 on November 19, 2017, 06:54:25 AM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
No. It’s only a matter of perfect timing as to when everyone starts in bitcoin. Everyone is given the same benefits but differ as to how they hardly worked on it. The more time you spend in bitcoin, the huge compensation you will receive


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: lienfaye on November 19, 2017, 07:56:32 AM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
No. It’s only a matter of perfect timing as to when everyone starts in bitcoin. Everyone is given the same benefits but differ as to how they hardly worked on it. The more time you spend in bitcoin, the huge compensation you will receive
Agree, so if you are early investor and believe in the past that btc can success in the future you really deserves whatever you earned through it. Its not even unfair because they just reap what they sow, btc has same benefits for everyone who invest since it was first release and dont feel bad if you are not fortunate to know that because there is always opportunity to start investing with the current price.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: wdnj on November 20, 2017, 02:36:19 PM
It is their fate to get that.Because of early time to join in bitcoin so they get the good opportunities.It is okay for me because they deserve it.
I think they deserved the benefit because at the early time no one was believing on bitcoin. Believing on bitcoin at that time was the biggest risk ever and they risked their money. In return bitcoin rewarded them with a very reasonable profit. They deserved the profit because believing on bitcoin was their biggest effort ever. Still people can get the same reward from bitcoin if someone make their right decision.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: nguli on November 20, 2017, 02:37:46 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?

no, I think bitcoin is more and very profitable if you can understand how real trading is.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: messi1306 on November 20, 2017, 02:59:40 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
NO NO NO
It's an advantage for people who know how to invest smart. They dare invest in bitcoin.  when bitcoin was born, I did not dare invest in bitcoin because I think bitcoin will die soon


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Pendularin on November 20, 2017, 10:23:20 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?


I don't think so. Because the people who invested in bitcoin late, of course, they cannot earn the same amount of earnings of the old investors. It will only be the same if you invested big even if you invested late. Bitcoin does not unfairly give benefits to early adopters because it depends on you people if when did you start to invest in bitcoin. And it is not the bitcoin's fault if you earn lesser than the others.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: nethan1btc on November 20, 2017, 10:58:35 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?

The benefit of course of the early adopters is their knowledge in the crypto world, and the lesson they've acquired through experience. 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 bitcoin for further adoption, I think there would have been no bitcoin adoption and it will not exist now.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: kateryana81 on November 23, 2017, 02:22:18 PM
No, education and information of bitcoin is unfair some people have the information some of them donot have the information.
Lol! It is not unfair in any way. This is not the fault of bitcoin or other people who get to know about it earlier and they trusted bitcoin. Bitcoin is the one which is not going to stop making others rich and it totally depends on us how we are using it and how much information we are gaining regarding bitcoin. We need to work hard in order to gain money from bitcoin by searching a lot about it.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Feuerbach on November 23, 2017, 09:18:51 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
In terms of unfair benefits? People invested before and now earned money on  course! Weird question...


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: fruitjay on December 02, 2017, 12:54:17 PM
if you will really take the time to consider the idea, it is not unfair. Look where we are now today, everything that is happening in the industry mostly the early adopters paved the way.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: LeGaulois on December 02, 2017, 01:30:13 PM
LOL, soon people will be blamed for saving money in Bitcoin some years back. We could spin the question differently: Is it fair that the early adopters took the risks to believe in the project, while those who are jumping on the bitcoin wagon now are "risk-free"?
You see there is two points of view to think about.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: mornabo on December 02, 2017, 01:54:28 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?

No, because they are lucky that they bought bitcoin at very cheap price before at much less as $1 per bitcoin value and now they will sell it high. I just understand why this world unfairly because i don't see any unfriendly or any madness that bitcoin will give to the pioneering investors but only very fortunate for them.
but in fact for early users bitcoin probably many of them have become rich today. imagine 8 years ago you bought a burger with 10 btc, you can imagine how many people have bitcoin at the start of launching. and currently the bitcoin price reaches $ 10k per btc. so do not be surprised if early adopter get a huge profit


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Xester on December 02, 2017, 02:03:42 PM
if you will really take the time to consider the idea, it is not unfair. Look where we are now today, everything that is happening in the industry mostly the early adopters paved the way.

Give credit to where it is due.  They are the one who first believe in bitcoin and the reason why bitcoin grew was because of their efforts.  They are strong as they are the people who did not give up on bitcoin even when its price is really low.  I wish I knew bitcoin at that time.  I am patient in waiting.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: littlebill16 on December 02, 2017, 02:09:38 PM
if you will really take the time to consider the idea, it is not unfair. Look where we are now today, everything that is happening in the industry mostly the early adopters paved the way.

Give credit to where it is due.  They are the one who first believe in bitcoin and the reason why bitcoin grew was because of their efforts.  They are strong as they are the people who did not give up on bitcoin even when its price is really low.  I wish I knew bitcoin at that time.  I am patient in waiting.


I agree give credit and it's certainly not fair, they should be appreciated but also it was easier for many as they did not have to invest huge amounts to now get to where they are. I do not feel as though they do not deserve it but I'm certainly very envious!


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: BUK2016 on December 02, 2017, 02:56:09 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
I don't think there is anything like unfair treatment for the early bitcoin adaptors and those of us who got the information late for without their believe in bitcoin we wouldn't be where we are today. So what they benefit from bitcoin I believe that there deserve it nothing more.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: mezzaluna on December 02, 2017, 03:48:22 PM
It is not unfair for those who adopted early, it was just with a stroke of luck, intelligence and a very good strategic move they did and now they are benefiting greatly from the risk they took years ago.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Senja Kemuning on December 02, 2017, 06:15:47 PM
I think it's fair, maybe many early adopters are sorry to see the current price, but we can not forget the services of developers who have made bitcoin like this, of course people have to be patient to get big profits.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Paul Pogba on December 02, 2017, 07:45:59 PM
Yes true, even i never heard of the inventor of bitcoin ie mr. nakamoto becomes a millionaire, he should be the richest first person because of bitcoin, of course this is not fair.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: bitcoinmaniac52 on December 02, 2017, 10:38:26 PM
How is it unfair that Bitcoin benefitted early adopters more than those who didn't adopt it early? That makes no sense. "First come, first serve" as they say... am I right? :D

We are not entitled to anything in life. The bottom line is that if you got in early, good for you and you deserve it. There is no point hating on or blaming them because you would also be rich if you were an early adopter and I doubt you would be complaining. ;D


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: shezu007 on December 04, 2017, 07:56:10 AM
the early adopter are the senior of the forum, if you joined today and some body join later then you will high experience than those who are join  today the early joiner are the main asset of the bitcoin. if they not take interest and ignore the bitcoin then bitcoin was unable to cross all these step such as today popular in the world also.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: dx_twisted on December 04, 2017, 08:48:35 AM
Being an early adopter / pioneer does really give you an advantage. However, those adopters in the past were not really sure about BTC's future. If we put ourselves in their own shoes, do we still think Bitcoin might succeed in the future? Of course, the answer is either 50/50 or NO. I'm pretty sure that majority of people in this site (including me), hesitated to invest. Investing in a digital product and unsure of its faith is being associated with great risks. We all fear that our investment will turn into nothing, but those early adopters assume greater risk and have the capability to invest of what they can really afford to lose. If they managed to hold or accumulate coins from its early beginnings and reap higher returns, they totally deserve it.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: obinine on December 07, 2017, 09:37:59 AM
It is not unfair for those who adopted early, it was just with a stroke of luck, intelligence and a very good strategic move they did and now they are benefiting greatly from the risk they took years ago.
the earlyadopter are the senior of the forum, if you joined today and some body join later then you will high experience than those who are joing today the earlyjoiner are the main asset of the bitcoin. if they not take interest and ignore the bitcoin then bitcoinwasun able to cross all these step such as today popular in the world also.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Teraboy on December 07, 2017, 09:46:31 AM
the early adopter are the senior of the forum, if you joined today and some body join later then you will high experience than those who are join  today the early joiner are the main asset of the bitcoin. if they not take interest and ignore the bitcoin then bitcoin was unable to cross all these step such as today popular in the world also.


It is not unfair for those who adopted early, it was just with a stroke of luck, intelligence and a very good strategic move they did and now they are benefiting greatly from the risk they took years ago.
the earlyadopter are the senior of the forum, if you joined today and some body join later then you will high experience than those who are joing today the earlyjoiner are the main asset of the bitcoin. if they not take interest and ignore the bitcoin then bitcoinwasun able to cross all these step such as today popular in the world also.

I was surprising about that. It seems another altaccounts or copycat. Just quoted it for the future reference.


Being an early adopter / pioneer does really give you an advantage. However, those adopters in the past were not really sure about BTC's future. If we put ourselves in their own shoes, do we still think Bitcoin might succeed in the future? Of course, the answer is either 50/50 or NO. I'm pretty sure that majority of people in this site (including me), hesitated to invest. Investing in a digital product and unsure of its faith is being associated with great risks. We all fear that our investment will turn into nothing, but those early adopters assume greater risk and have the capability to invest of what they can really afford to lose. If they managed to hold or accumulate coins from its early beginnings and reap higher returns, they totally deserve it.

The high risk and high return. Those early adopters are betting on the high risk to be a part from the cryptocurrency. It looks fair to see the new comers gets very high price of bitcoin at the moment.
But sadly there is no actual use of the bitcoin. the scalability becomes another problem in this time.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: benmartin613 on December 07, 2017, 10:01:54 AM
Its only fair that they benefit the most because they have taken a large risk on buying computers and mining non stop, they were the first to believe that bitcoin would revolutionize the money system while other just laugh at them, so i think its only fair for them to get the most out of bitcoin.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Vohoanghiep on December 07, 2017, 10:04:44 AM
I think not! Bitcoin is always fair to everyone. Those who accept early, they always receive the right amount of profit at the moment of Bitcoin. Maybe they will feel unfair because they are pioneers but do not get big profits. However, they used a large amount of Bitcoin and did not appreciate it. If they keep it, they are now billionaires. Success does not come to those who are impatient and too greedy.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: heninur on December 07, 2017, 10:06:51 AM
Of course not, because what they get now is a gift from their struggle when bitcoin still has a low price, so it's natural that they get more from us.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Glorious04 on December 07, 2017, 10:37:14 AM
I dont think so. I know that bitcoin has always been fair to everyone, may they be old or new to the bitcoin world. The early adapters had it cheap when they first bought their bitcoin but it did not jumped over 12k$ overnight. As we all can see it took years before it reached this price we have right now. So if  early investors sold their bitcoin earlier before it hit this price right now for sure they have not gained much profit as it is today if early investors would invest their money on 12k$ and sell it not long after investment, same also will be the result.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Glorious04 on December 07, 2017, 10:43:37 AM
Unfairly... I think this term doesn't fit in that situation.
The situation with early adopters and super growth that bitcoin demonstrated us is just reality. No matter if somebody bought bitcoins in 2010-2011 because of belief in the technology, or somebody bought because he or she saw bitcoin as a cool speculation tool, or somybody bought just for fun and forget about it for 5 years. It just fact that they bought.
So my congratulations to that early adopters.
That is if they kept their bitcoin up to this moment then congratulations to them but most of early adopters are now regretting for not keeping their bitcoin for long. Most of them panicky sold their bitcoin earlier for  fear the price would never rise or fear of losing its value. So it it just fair. No one kept, no one profited, those who kept, they have their profit. 


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Vikingr on December 10, 2017, 11:29:19 PM
I don't understand why it's being unfair to early investors as they have all the opportunities to buy in cheap price. Yes they didn't knew that bitcoin will reach this far as so the one who HODL until now are the one who's lucky and profiting.
I think the most important here, early investors or just new here that we're all in right track.
This is being unfair because the people want to earn the huge profit while they are not investing the high capital, I hope in the coming days the bitcoin will set something different for the better future of the bitcoin I hope this is the reason why all the currency is now increasing and this will be the great capital to invest and it will not lose the money so buy more bitcoin and to hold for the long time and the profit will be high.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: btcrut2017 on March 09, 2018, 10:37:21 AM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?

No it is not unfairly. Early adopters strive hard to earned their benefits. It is their advantage that they take the risk and earned earlier. We can be like them as long as we have great interest in this business it takes only to be industrious to have more profits.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: UzumakiSakuragi on March 11, 2018, 11:34:38 AM
Probably yes, its is their prize that they believe in blockchain technology during their time and now they are millionaires but its not too late to adopt since blockchain is in its development stage meaning there are more things can be innovate and that a good thing for us, today's investor of bitcoin because we can also be wealthy using this technology as an asset.

No! i guest i have seen it other way around,we benefit from early adopter's because now we have profound reference from their experience whether gain or lose..


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: richjohn on March 11, 2018, 05:01:29 PM
You cannot use the term UNFAIRLY with early adopters. Those people were wise enough to invest at the right time and took a risk which is now paying them off. Apart from that, this market is fair to everyone (unless you get scammed because of your own fault), whether you enter today or entered months ago.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: joebrook on March 11, 2018, 06:01:14 PM
You cannot use the term UNFAIRLY with early adopters. Those people were wise enough to invest at the right time and took a risk which is now paying them off. Apart from that, this market is fair to everyone (unless you get scammed because of your own fault), whether you enter today or entered months ago.
Its not like Bitcoin was a secret and was available to a select few when the currency initially started, We all had the opportunity to invest but many thought that it wouldn't amount to anything and choose not to invest and but these early adopters thought otherwise and are not reaping the results of their decisions so there is no bias here at all.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Chaki on March 11, 2018, 06:51:27 PM
Yes, as the saying says "Early bird gets the worm", well they are the one who faces the hardship when bitcoin first was introduce, just imagine what will you do if you invest something like this on the first place that you don't have any assurance you will earn from it since only few people know about it, but that's all, when it come to acquiring knowledge about it, as long as you are decided to do so, whether you just come or you joined before its up to your plan and strategies, on what you do that will help you gain more.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Dragon5 on March 11, 2018, 07:19:49 PM
Of course, the pioneers benefited mist and the richest crypto holder started at the beginning of crypto era. Still, most of the others millionaires have gained profits from other financial campaigns and ICOs and other stuff.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: gawer33 on March 12, 2018, 02:55:40 AM
NO. If your buying BTC because you want profit then don't buy it, BTC is created to become a global currency and avoid inflation it never created as a source of income. we must buy it because we want it to become universal and more people will adopt it. everyone must not considered BTC as an investment at all.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Kim Ji Won on March 12, 2018, 03:18:09 AM
Yes true, even i never heard of the inventor of bitcoin ie mr. nakamoto becomes a millionaire, he should be the richest first person because of bitcoin, of course this is not fair.
You don't need to hear or read that Satoshi became a millionaire, you just have to think of it logically. It's common sense that we should assume that he is already a millionaire considering the fact that he invented Bitcoin. Besides, we don't really know the true identity of Satoshi Nakamoto. Also, it's fair for early adopters what bitcoin gave them because they took the risk of investing in it at an early stage.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: pureclckr on March 12, 2018, 07:43:13 AM
You cannot use the term UNFAIRLY with early adopters. Those people were wise enough to invest at the right time and took a risk which is now paying them off. Apart from that, this market is fair to everyone (unless you get scammed because of your own fault), whether you enter today or entered months ago.
That makes sense. Yeah whosoever have stood with bitcoins at the time of their developing era, those people deserves such high perks and benefits from bitcoins. It is always hard to welcome a newcomer in our community and likewise bitcoins were too young in international market at that time. Such people took huge risks and invested in bitcoins, don’t you think they must be treated amazingly.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: jeanne513lefe on March 12, 2018, 09:46:16 AM
Well, would it be fair if Bitcoin does NOT benefit early adopters? Do you even realize how much risk they undertake during those times when the market is full of uncertainties? Yes, they might have earned more than they should through their bitcoins, but high risk comes with high rewards. Welcome to the investment world.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Biggapp on March 12, 2018, 04:24:57 PM
Probably yes, its is their prize that they believe in blockchain technology during their time and now they are millionaires but its not too late to adopt since blockchain is in its development stage meaning there are more things can be innovate and that a good thing for us, today's investor of bitcoin because we can also be wealthy using this technology as an asset.

No! i guest i have seen it other way around,we benefit from early adopter's because now we have profound reference from their experience whether gain or lose..
Whenever some new system enters into the market, there are some early believers who adopt that particular system and try to promote it to the other people of their different social circles, now if they got more profit than others, then there is no fault in this because the opportunity came back no one was ready for it. I know bitcoin since 2014 but I invested for the first time in 2017, so why I should have some grievances against those who believed it earlier and got paid, I don’t have any ethical reason to do that.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: eelectrick on March 12, 2018, 04:37:51 PM
You cannot use the term UNFAIRLY with early adopters. Those people were wise enough to invest at the right time and took a risk which is now paying them off. Apart from that, this market is fair to everyone (unless you get scammed because of your own fault), whether you enter today or entered months ago.

I highly agree, it was never an unfair situation. Early investors took so much risk when they decided to invest and
support bitcoins back then when prices weren't even considered profitable. It was wise and a leap of faith. Nobody
really know back then how bitcoin would perform in the market. Early investors and believers of bitcoins deserve
so much benefit and success, we should give credit and take the story as an important lesson in investment and
an inspiration for us to make our own success stories.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: MIZANUR5033 on March 12, 2018, 05:37:54 PM
Why are you asking this question. If you want to know about this question and want to take decision from me then my decision will no. bitcoin is a very useful coin and it gives benefits to the people fairly. If beginners want to take risk with big amount of money and get loss then will you allegation on bitcoin? You have to make sure that you can control yourself easily if you get loses from this coin. You should know properly about this coin to get profit from this coin otherwise worst thing will come at your future. think about everything before you taking any decision.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: The_Dark_Knight on March 12, 2018, 05:38:00 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
Of course not, early adopters took a huge risk they invested their time and money in something they did not knew if it was going to be successful at all and now they are reaping the rewards, this is the way economies are supposed to work, some people take the risk with an idea they have, then they make it grow and then they get profits, bitcoin is not an exception to this.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: arteezyy on March 12, 2018, 05:46:32 PM
Bitcoin does no
You cannot use the term UNFAIRLY with early adopters. Those people were wise enough to invest at the right time and took a risk which is now paying them off. Apart from that, this market is fair to everyone (unless you get scammed because of your own fault), whether you enter today or entered months ago.

I highly agree, it was never an unfair situation. Early investors took so much risk when they decided to invest and
support bitcoins back then when prices were even considered profitable. It was wise and a leap of faith. Nobody
really know back then how bitcoin would perform in the market. Early investors and believers of bitcoins deserve
so much benefit and success, we should give credit and take the story as an important lesson in investment and
an inspiration for us to make our own success stories.

Yes it is. The only advantage of the early adapters is having more knowledge than the beginners here at bitcoin. More knowledge makes them more superior but it doesn't mean that bitcoin giving benefits to the early adapters.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Ayush rana on March 12, 2018, 05:48:44 PM
I think yes Bitcoin benefits early adopters because early the price of Bitcoin was started with 0.10 usd nd if someone bought the coins at that time had make a profit of 100000x in today's times .


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Visbay on March 12, 2018, 09:34:26 PM
You cannot use the term UNFAIRLY with early adopters. Those people were wise enough to invest at the right time and took a risk which is now paying them off. Apart from that, this market is fair to everyone (unless you get scammed because of your own fault), whether you enter today or entered months ago.
That makes sense. Yeah whosoever have stood with bitcoins at the time of their developing era, those people deserves such high perks and benefits from bitcoins. It is always hard to welcome a newcomer in our community and likewise bitcoins were too young in international market at that time. Such people took huge risks and invested in bitcoins, don’t you think they must be treated amazingly.
The same mistake I have dome that it was hard for me to trust bitcoin when I was new and it is life, but after adoption at the early age people become very happy and satisfied so it is the best thing to invest and hold for the long time, every time can be the early time in bitcoin, but you will have to hold and keep the patience try not to sell it. At this time the price is not very high so better if you hold it and let the price go high, so you will be happy in future for high amount of profit.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Arngrim on March 12, 2018, 09:58:09 PM
This is an old thread but I really have to answer this one.

Early adopters, how do you think they have lived with just cents of equivalent per bitcoin?
Damn, I would have surrendered from that and just get a job.
That is some patience and faith with bitcoin. You cannot get that easily.

If you want you could use a time machine and live a life like them and you will see how hard it is.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Emitdama on March 13, 2018, 10:56:34 AM
That’s a lie. I know that most of them that invested as of that moment would have sold off. As people buys in, lots of people will also sell off at same time. People who invested at the price rate of $100 likely would have sold off at the price rate of $250 or so, cause they will believe that will be highest rate it will ever achieve as of then. Then those who bought at that $250 likely would have sold off at the rate of $500. That’s how it goes.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Pujangga on March 13, 2018, 11:18:05 AM
This is an irony, those who adopt bitcoin from the beginning earn little benefit, even the inventor of Mr. bitcoin. Nakamoto does not get any benefit, I think it is fair that the most important is for those who succeed with bitcoin then donate to the inventor of bitcoin.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Wittycoin on March 13, 2018, 11:54:49 AM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
No.  Because it does not matter if your early or late in bitcoin. As we know some of those who were early on bitcoin also had big lost and some who are late made millions already. The thing is, it depends on how you utilize bitcoin to earn profit.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: TERA2 on March 13, 2018, 11:57:44 AM
Does Google unfairly benefit early investors?


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: buy-it on March 13, 2018, 12:15:28 PM
We need to be very reasonable in this regard. Are these early Adopters not the home based Subscribers who had made Bitcoin golden for us to be part of. No one should hereby raise any Eye brow as to why they are earning Big from Bitcoin. Alas! These people are reaping the fruits of their labor. And there"s nothing bad about it at all. So, its just like getting reward of your Goodwill. So, very fairly to me are the benefits accruing to them by Bitcoin.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: icopir on March 13, 2018, 01:10:08 PM
Many could start and be just as early investors but the fear of many stopped and those who took a chance got a good profit


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: East2011 on March 13, 2018, 02:22:20 PM
Maybe no. Because noone knows in the past that bitcoin will valued this much. And not all early adopter don't hold their bitcoin. I think only those who people who hold their bitcoin till now have benefit much.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Xising on March 13, 2018, 02:38:20 PM
Why unfairly? They didn't hurt anyone to get their Bitcoins as early adopters. They just enjoyed their chance as pioneers. The opportunity was there, Bitcoin wasn't so interesting on that time, but anyway these people believed its power and received their reward for it as we can see now.
In my opinion that was a very fair deal.

I agree. I think that it's their choice during that time, and it just so happened that it came out profitable for them in the long run. Who would have known that Bitcoin would prosper and be this valuable. I mean, the great Bitcoin myth of this man who bought a box of pizza for 10k Bitcoins would have actually known that he wasted millions of dollars worth of asset by doing that. I think for the early adopters, it was just a big leap of faith that turned into something big. That's why many people regret not venturing in the market early on, but in the end, it's not something to be regretful about because who can really say, right?


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: paynercash on March 13, 2018, 02:45:46 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?
In my opinion, your opinion is not correct. Bitcoin buyers are early adopters who have the skills to analyze and grasp the market trends. They have bought BTC since the new BTC, they hold until today and they deserve the benefits that BTC bring. It is not too late if you are a truly talented person, hold on to an altcoin that you believe will grow in the future so that you will not regret it later on.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: bluebits on March 13, 2018, 08:35:04 PM
The initial emission scheme is part of Bitcoins fatal flaws. It should have been slow when starting out and much faster when POW was higher and usage was way up. Approach it from simple principles, why would the world voluntarily pass off huge amounts of wealth to early adopters? There is nothing in BTC that can't be trivially replicated or improved upon. Only speculators hoping for a bigger sucker will pay them off, and there is a limit to how many new ones appear. If BTC is the worlds currency then some sysadmin who mined a bunch in the early days gets to own California?


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: CryptoEnthused on March 13, 2018, 08:40:32 PM
That's all fair. Anyone could have benefited from that. Those people believed in technology and spent their money on it so they kinda helped it evolve and get accepted. Plus, many early adopters lost their bitcoin and a great deal of those who didn't, sold them too early. And it's all fair as well.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Theones on March 13, 2018, 08:48:08 PM
Of course no, when btc value is low, people can buy it I think. It is legal business, why not? It's my opinion.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: jeremypwr on March 13, 2018, 08:55:07 PM
I wouldn't go so far as to say it "unfairly benefits" early adopters, as the very exact same could be said about a person who bought a stock back in the day.
Is it fair to say that anyone who bought Yahoo, Google or Apple stocks many years ago will be unfairly benefited?
Of course not; and the same goes for Bitcoin and any form of crypto currencies.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: rocketbits on March 15, 2018, 07:18:19 AM
Of course no, when btc value is low, people can buy it I think. It is legal business, why not? It's my opinion.
Bitcoin equally serves everyone who supports it and is investing into it. Those who invested earlier when bitcoin was just new in the market, the stood by out of the crowd, mustered up courage to give a try to this coin. So if now, they are richer than others, which is because of their risk- taking skills and wisdom. They came first to bitcoin for enjoying its miraculous nature, so they deserve to have more than others. Making money with bitcoin is nothing wrong.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: millenniumcoin on March 15, 2018, 07:48:54 AM
I think early adopters benefited and some new adapter also benefited especially last year when bitcoin price pump up to all time high of $20000. The new adapter who bought bitcoin at late September 2017,and later sold on December 2017,also  benefited .There are also early adapter who invested in long term bases but have not decided to sale,and i think they have not benefited yet. A  yes, no,and maybe possibilities in my opinion.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: Nerman on March 15, 2018, 07:56:19 AM
No, it is easy to say that it is unfair now because we know how much bitcoins price. Back then would you invest on a technology that has not been proven yet. Also since you do not know nothing about bitcoin there is a possibility its a scam.

Yes they have huge money right now but they are the one who took the risk. Without the early adopters we do not know if bitcoin has survive.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: tbterryboy on March 15, 2018, 08:03:51 AM
This is an irony, those who adopt bitcoin from the beginning earn little benefit, even the inventor of Mr. bitcoin. Nakamoto does not get any benefit, I think it is fair that the most important is for those who succeed with bitcoin then donate to the inventor of bitcoin.
I don’t really think so that there is certain problem in that because the who adopted bitcoin at time when it was new to this world actually deserve to have greater advantage because he believed at time when no one else was liking and investing his money into bitcoin. This is like the reward which he is getting and that there is no injustice in that. If you would have invested at that time, you would also have the same profit.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: The_Dark_Knight on March 21, 2018, 03:16:41 AM
This is an old thread but I really have to answer this one.

Early adopters, how do you think they have lived with just cents of equivalent per bitcoin?
Damn, I would have surrendered from that and just get a job.
That is some patience and faith with bitcoin. You cannot get that easily.

If you want you could use a time machine and live a life like them and you will see how hard it is.
You don't have to do that, you can relive the experience of the early adopters by just buying a new coin that is just worth a few cents and to try to hold for years for the coin to skyrocket, and even if you think about it that is not going to be the same, at least right now we know that cryptocurrencies are viable, something that early adopters did not know, bitcoin could have disappeared any day for what they knew.


Title: Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Post by: nightfury on March 21, 2018, 04:47:30 AM
Not really. We can't blame those investors who invest early for they don't care to take the risk of investing a technology that's still new and turned to be a breakthrough over the next few years. So i would like to ask if are we willing to invest too if we already know about bitcoin when it still below 1$? Or we will just ignore it too like what others who are regretting for dishing out bitcoin?