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Question: Doesn't Bitcoin unfairly benefit early adopters?
YES - 25 (21.9%)
NO - 81 (71.1%)
MAYBE - 8 (7%)
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Author Topic: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?  (Read 3908 times)
bitcoinmaniac52
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December 02, 2017, 10:38:26 PM
 #221

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? Cheesy

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. Grin



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December 04, 2017, 07:56:10 AM
 #222

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.
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December 04, 2017, 08:48:35 AM
 #223

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.
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December 07, 2017, 09:37:59 AM
 #224

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.
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December 07, 2017, 09:46:31 AM
 #225

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.
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December 07, 2017, 10:01:54 AM
 #226

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.
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December 07, 2017, 10:04:44 AM
 #227

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.
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December 07, 2017, 10:06:51 AM
 #228

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.

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December 07, 2017, 10:37:14 AM
 #229

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.

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December 07, 2017, 10:43:37 AM
 #230

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. 

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December 10, 2017, 11:29:19 PM
 #231

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.
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March 09, 2018, 10:37:21 AM
 #232

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.
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March 11, 2018, 11:34:38 AM
 #233

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..

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March 11, 2018, 05:01:29 PM
 #234

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.
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March 11, 2018, 06:01:14 PM
 #235

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.

 
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March 11, 2018, 06:51:27 PM
 #236

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.

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March 11, 2018, 07:19:49 PM
 #237

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.
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March 12, 2018, 02:55:40 AM
 #238

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.

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March 12, 2018, 03:18:09 AM
 #239

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.
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March 12, 2018, 07:43:13 AM
 #240

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.
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