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nl247
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January 04, 2018, 08:52:02 AM |
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Wouldn't it be even more unfair if the early adopters who actually stuck their necks out to make Bitcoin relevant weren't rewarded? At some point in the future, Bitcoin will be regarded as low risk, and low risk ventures rarely yield high returns. It's just standard economics at work. I mean, I guess it kind of sucks how much easier it was to get Bitcoins back then, but Bitcoin was never really meant to equalize wealth -- just access to it. Just take the risk now and you'll still be much better off than even later adopters.
The answer can be yes, can be no. It depends on future situations and conditions. We do not know how Bitcoin will be in the future. All we know is that Bitcoin prices will continue to rise to very high in the future. And people who save Bitcoin in the present, will get a lot of profit and can become rich. But we must know that Bitcoin is not the only source of economy or business or investment that can turn people into riches. There are so many other businesses out there that might be better than Bitcoin. Lots of other investments. So the answer is still uncertain. This is not even a yes or a no answer. There is nothing unfair about it. Anyone who thinks it is unfair should go and buy any other altcoin that is not overpriced and sell it at the same value in the next 7 years when the coin has become very useful and notable. What makes an early adopter different from a laggard is their ability to take huge risks and nothing about that when they are reaping the benefits is unfair. let alone, unborn generations? |
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senyorito123
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January 04, 2018, 10:11:39 AM |
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Large probability for bitcoin's price goes more higher.
What if bitcoin crashes in the future? Is it still unfair? We can't say what will happen with bitcoin in the next few years. So it's still up to you if you're gonna get a hold of it while you can. Just don't blame anyone with your decision. It's depend on them how to handle there bitcoin they need to make a right decision so that they cannot blame there self,and before they entering the world of crypto currency there is a advice that they need to research and educate there self because in these cryptoworld we cannot predict bitcoin price because it is volatile,and if they are educated bitcoiners they can face the consiquences if what happen of bitcoin price dump or pump. |
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romero121
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January 04, 2018, 11:19:57 AM |
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Having bitcoin adds value to the the users portfolio, but the same won't get termed that people who doesn't have it to be not gonna be growing in the future. Maybe in future when it gets almost similar to mainstream usage having bitcoin as well other digital currencies will be serving as a supporting source.
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MadAndHoldersPattern
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January 04, 2018, 12:05:34 PM |
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It's not fair, that's why I think bitcoin will never become widely used, because why would people of the future work hard to get 0.00001 of a bitcoin, when some guys in the past got thousands of them minining it on their laptop.
And what about the future generations, they could just switch to new coins and tell older generation to f*ck off, "we're not gonna be your slaves for coins which you got much cheaper, we're creating our coins from scratch"
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andrei56
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January 05, 2018, 05:41:33 AM |
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You are looking things in the wrong way, is it fair that there are poor people and rich people? The truth is that in the economic system we are the disparity of income is going to be a reality, those that got early assumed a great risk especially if they invested a huge amount of money to get bitcoin and they were right so they deserve to get the rewards, it is like those that invest in gold and benefit in the future when the economy fails, they deserve the reward as well.
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BrewMaster
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There is trouble abrewing
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January 05, 2018, 05:51:25 AM |
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why would people of the future work hard to get 0.00001 of a bitcoin, when some guys in the past got thousands of them minining it on their laptop.
the same reason why people are still working to get paid $10 an hour while some other guys are making $100,000 an hour. or if you like the stocks analogy: the same reason why they are still buying stocks of Apple at $173,... while someone else bought it at $0.4 in the past! |
There is a FOMO brewing...
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coinplus
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January 05, 2018, 02:43:18 PM |
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Its not unfair, early people who adopt bitcoin took their risk also and spent time and money just to get what bitcoin is now or in the future, well they can still acquire bitcoin but it will cost them so much or they could get it a penny of it from other people but it wont make them rich unlike the early adopters.
If the OP thinks it is unfair, then it should be unfair that those who bought stakes in Apple or some companies and are doing well now should not be doing well. Early adopters are always the ones to take the higher risk and for anyone who thinks that is unfair, such a person is really not ready to take a step now. Gold is not the same price it used to be 50 years ago, and if I think it is reasonable to get gold at the same price that those who got in back then did, and then I must really be very dumb and stupid. |
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olushakes
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January 05, 2018, 08:26:05 PM |
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Life is not even fair to everyone especially the majority of people who have to fight for a space to feature in compare to those who had life handed over to them by virtues of maybe their parents affluent in the society or their level of intelligence which is above the normal human being. That being said, what everyone is doing is actually a risk and no one can say for sure to know what is going to happen in the future and to those who didn't invest in bitcoin might actually turned out well if they invested in something that could turn out to be the gold of tomorrow but in all, its just hope.
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raven7886
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January 06, 2018, 07:45:45 AM |
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Wouldn't it be even more unfair if the early adopters who actually stuck their necks out to make Bitcoin relevant weren't rewarded? At some point in the future, Bitcoin will be regarded as low risk, and low risk ventures rarely yield high returns. It's just standard economics at work.
I mean, I guess it kind of sucks how much easier it was to get Bitcoins back then, but Bitcoin was never really meant to equalize wealth -- just access to it. Just take the risk now and you'll still be much better off than even later adopters.
Yes, those who invested in bitcoin earlier took the higher risk and what we even have now is still more like a mid-risk and for those who think that is unfair should either assume the fact that some people are older than some to be unfair. We have stages for everyone in life and we will always end up having those at the last stage who are laggards and were unwilling to take risk when their mates were taking to be the ones who will lose out and it would be unfair if those ones end up to be on the same ground with those who took the huge risk now. |
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Gabz999
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January 06, 2018, 07:55:31 AM |
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Large probability for bitcoin's price goes more higher.
Possibilities for the bitcoin price to goes higher is really big. It's not unfair for them to late discover the bitcoin, I think its just their destiny not to know the bitcoin now, maybe in the future and regret always there. While this bitcoin here teach your children and relatives how it works, so they won't regret in the future. |
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gabmen
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January 06, 2018, 01:10:55 PM |
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Large probability for bitcoin's price goes more higher.
Well people have all the chances to get into bitcoin even now. Its not unfair if they choose not to believe in it. I've talked to many people about btc and they're saying its a scam or a bubble even though they don't fully understand it yet. Its going to be their loss and they can't blame anyone |
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DaveWave
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January 06, 2018, 01:21:27 PM |
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Title is unnecessary. You cannot cry and say it is unfair that we were not able to buy Google and Facebook stocks during the early days.
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creeps
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January 06, 2018, 11:53:07 PM |
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Bitcoin is not trending all over the world specially in social medias, so by this I can really say that bitcoin gives opportunity for everyone but of course you decision will still matter. Its not unfair if you don't have bitcoin in the future, you just snob the opportunity given to you by bitcoin.
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filharvey
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January 06, 2018, 11:59:55 PM |
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Early birds are lucky enough to enjoy benefits of bitcoin.But even in future too,many could buy 0.1 or even 0.001 btc if they could not afford to buy a whole bitcoin.There is nothing to say unfair in this.Just make use of the opportunity even now as there is still 4.5 million bitcoins yet to be mined.I would say that early people who bought bitcoins when majority of people refused to believe it and predicted that it would die deserves more to enjoy the benefits of bitcoin.
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ajdaj
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January 07, 2018, 05:44:21 PM |
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Early birds are lucky enough to enjoy benefits of bitcoin.But even in future too,many could buy 0.1 or even 0.001 btc if they could not afford to buy a whole bitcoin.There is nothing to say unfair in this.Just make use of the opportunity even now as there is still 4.5 million bitcoins yet to be mined.I would say that early people who bought bitcoins when majority of people refused to believe it and predicted that it would die deserves more to enjoy the benefits of bitcoin.
truth to say I do not even want to think about those people who buy Bitcoin for a couple of dozen cents. for today These people are practically billionaires. But I think that if ***** works in this direction, then we can all improve our financial state. But I want to say that bitcoin will not be enough for all of humanity. |
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cybersofts
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January 07, 2018, 09:51:18 PM |
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my advice is buy bitcoin while it's cheap and before we hit 1 million in 2 years
Good advice, bitcoin is just getting started. Buy your bitcoin before the price hit a million dollar mark in few years. Some people were watching bitcoin since the bitcoin early when it was selling very cheaply but they failed to buy thinking bitcoin is not to make it but look at it now bitcoin is getting bigger everyday. |
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Kevin77
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January 10, 2018, 06:32:17 PM |
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Let them buy alts
Simple as ABC. Anyone who thinks it is very unfair; it is a world where there are huge chances. If you are willing to take the risk those who took earlier when they bought into bitcoin with the high level of uncertainty, there are some alts with such huge risk now that you can buy into and wait maybe 5-8 years to see if it is fair enough for those buying then to buy at the same price you bought it now it or not. |
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Fippy
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January 11, 2018, 08:02:28 AM |
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I dont understand why would it be unfair, for me, i prefer to have just a few fraction of bitcoin and keep that for a near future. i prefer to invest in other cryptos instead of bitcoin, because we all know that bitcoin is not the most profitable crypto, but yes, maybe it is one of the most stables at the moment.
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supermine
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January 11, 2018, 08:26:45 AM |
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Let them buy alts
Simple as ABC. Anyone who thinks it is very unfair; it is a world where there are huge chances. If you are willing to take the risk those who took earlier when they bought into bitcoin with the high level of uncertainty, there are some alts with such huge risk now that you can buy into and wait maybe 5-8 years to see if it is fair enough for those buying then to buy at the same price you bought it now it or not. Yeah,we can't say every coin price will get expensive like bitcoin,many coins will be fade away from the market in some years so if people want to buy altcoins they have huge risk of losing their capital.For me it is better to buy the fraction of bitcoin then buying cheap altcoins because still bitcoin price is very low some experts said bitcoin will hit $1M in ten years,so I am aiming that $1M and started to invest on bitcoins. |
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pinoyden
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January 11, 2018, 08:46:47 AM |
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I dont understand why would it be unfair, for me, i prefer to have just a few fraction of bitcoin and keep that for a near future. i prefer to invest in other cryptos instead of bitcoin, because we all know that bitcoin is not the most profitable crypto, but yes, maybe it is one of the most stables at the moment.
I dont understand why would it be unfair, for me, i prefer to have just a few fraction of bitcoin and keep that for a near future.
op is talking about people who dont have bitcoin and not on to those who already have bitcoin. i prefer to invest in other cryptos instead of bitcoin,
same here and most of us also does this, we still prefer to diversify our funds into some other types of crypto for a much better income and to maximized our potential profit.
because we all know that bitcoin is not the most profitable crypto, but yes, maybe it is one of the most stables at the moment.
no, bitcoin is actually the most profiable coin among others and bitcoin is not the most stable ones instead the real stable currency are our local currency or fiat/money. |
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