Yes or No? Doesn't Bitcoin unfairly benefit early adopters?

[wildan88]

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.

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[magz]

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.

[wantjokull]

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.

[Hamphser]

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+.

[jack1111]

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.

[killerfrost]

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.

[nightxglow]

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.

[Monnt]

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.

[jamids]

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.

[krishnapramod]

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.

[KuromaYoichi]

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.

[3la9l_kolbaCa]

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.

[fxbit]

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

[pentol86]

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

[vv181]

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.

[cydrix]

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?.

[iv4n]

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!

[dothebeats]

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.

[matchi2011]

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.

[000JC88]

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.