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paparexon0414
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November 11, 2017, 11:45:57 AM |
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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
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Gozie51
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November 11, 2017, 12:10:54 PM |
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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.
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NavySeals
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November 11, 2017, 12:14:29 PM |
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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. |
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Hamstead
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November 11, 2017, 02:57:58 PM |
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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. |
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appleffi
Member
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Activity: 126
Merit: 11
One of a kind
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November 11, 2017, 03:05:05 PM |
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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. |
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chelle5
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November 11, 2017, 04:12:19 PM |
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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.
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jekjekman
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November 11, 2017, 04:38:11 PM |
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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. |
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buytheeffinD
Full Member
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Activity: 266
Merit: 101
The revolutionary AI gaming ecosystem
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November 11, 2017, 04:47:06 PM |
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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". |
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Bestfriendko
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November 12, 2017, 01:44:06 AM |
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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.
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cryptojac17
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November 12, 2017, 02:53:32 AM |
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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.
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cryptojac17
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November 12, 2017, 03:01:36 AM |
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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. |
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White Christmas
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Activity: 882
Merit: 258
★Bitvest.io★ Play Plinko or Invest!
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November 12, 2017, 03:02:52 AM |
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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. |
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dermur
Newbie
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Activity: 6
Merit: 0
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November 12, 2017, 07:29:02 AM |
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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.
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krauzzer02
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November 12, 2017, 09:17:58 AM |
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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.
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atronax
Member
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Activity: 125
Merit: 10
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November 12, 2017, 09:24:03 AM |
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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.
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Zekemporium
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Activity: 64
Merit: 100
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November 12, 2017, 10:40:27 AM |
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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.
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Sled
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November 12, 2017, 11:07:09 AM |
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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.
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cramcram21
Sr. Member
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Activity: 854
Merit: 251
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November 12, 2017, 12:40:08 PM |
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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.
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Macai
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November 12, 2017, 01:48:24 PM |
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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. |
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CuriousGeorge
Sr. Member
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Activity: 1498
Merit: 251
KUWA.ai
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November 12, 2017, 01:52:40 PM |
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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. |
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