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Question: Doesn't Bitcoin unfairly benefit early adopters?
YES - 25 (21.9%)
NO - 81 (71.1%)
MAYBE - 8 (7%)
Total Voters: 112

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Author Topic: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?  (Read 3989 times)
oegarod
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November 05, 2017, 10:30:06 PM
 #101

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.
telcell
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November 05, 2017, 10:39:39 PM
 #102

Fair or not it's what it it is.
orions.belt19
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November 05, 2017, 11:51:56 PM
 #103

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.
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November 06, 2017, 12:21:37 AM
 #104

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.

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November 06, 2017, 03:41:41 AM
 #105

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.

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CryptotradeGMO
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November 06, 2017, 03:52:08 AM
 #106

Bitcoin will make so much difference in the financial market. We see Bitcoin at over 30.000$
Alalex
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November 06, 2017, 04:56:05 AM
 #107

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.

d1ceplayer
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November 07, 2017, 06:00:01 AM
 #108

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 Wink !
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.
Smarty14392
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November 07, 2017, 11:35:25 AM
 #109

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.
jostorres
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November 08, 2017, 05:48:16 AM
 #110

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.
chelle5
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November 08, 2017, 07:11:24 AM
 #111

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.

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November 08, 2017, 07:14:55 AM
 #112

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.
justspare
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November 08, 2017, 09:59:42 AM
 #113

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.
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November 08, 2017, 10:43:37 AM
 #114

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.
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November 08, 2017, 10:52:27 AM
 #115

No. Because they saw the chance earlier than us. This is how investment works

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November 08, 2017, 10:56:42 AM
 #116

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.

danmoris
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November 08, 2017, 12:31:52 PM
 #117

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!
ArIMy11
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November 08, 2017, 01:05:18 PM
 #118

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.

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November 08, 2017, 01:11:35 PM
 #119

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.

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November 08, 2017, 01:16:28 PM
 #120

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
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