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Author Topic: Is Bitcoin fair for those who buy for the first time now?  (Read 478 times)
eaLiTy
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August 18, 2018, 06:00:23 PM
 #121

As an economist, I worry about a lot of issues related to economies in this world.
Bitcoin is surely a revolution, but I worry that it is highly unfair for the older generations and the people who join Bitcoin in later periods.
I really doubt about the economic part because every investment is unfair for the last investor. Tongue . Bitcoin is an open source project and if someone is last to know about it , who to blame, just make sure you understand the risk and invest accordingly or stay away from it .

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Isn't it better to jump try an ICO? And following this reasoning why invest in an ICO now when something better may come later?
It is an individual's choice whether to invest in bitcoin or some other projects out there . Before investing wage the risk in investing in a proper technology like bitcoin or any other make belief projects. Tongue

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phpartisanmaster
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August 18, 2018, 09:59:32 PM
 #122

Why not, everything depends from the investors themselves, which budget they have and how much they are willing to invest in bitcoin. At the moment in general, in bitcoin need invest at least several thousand dollars, so then there will be some profit, and if investor budget is small, it is better to choose any alt and not worry.

I believe that it will be always depending on the investors because the market prices are based on supply and demand so we can expect higher profit if there are more people who are interested.
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August 18, 2018, 11:29:22 PM
 #123

If some people have just bought bitcoin, that would be an advantage on their part because the price of BTC is low. All they've to do is hold them until the price is right. Experts are very positive on this, high expectation. They even predicted that the price would go as high as 10x the current price.
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August 18, 2018, 11:32:24 PM
 #124

Around 6k should be a fair price. We have pretty good predictions that BTC will go up.
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August 19, 2018, 10:06:47 AM
 #125

That's very fair if you compare those investors at 20,000$ per bitcoin than today at 6,000$. That's more than half of price drop and if you buy today and bitcoin will rise again like last year, then that what makes unfair to those who buy at all time high too. Smiley

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August 19, 2018, 11:51:02 AM
 #126

As for me, I would rather prefer to buy new upcoming coins that are sure and certain, rather than buying bitcoin now. You will make better profit from the new ICO coins.
Many people are doing this strategy actually. All is good for this if you don't encounter a scam ICO.

This is as fair as it can get. The early investors before faced many uncertainty and mental stress so their reward for that is what we're seeing now i.e price appreciation.
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August 19, 2018, 12:52:35 PM
 #127

As an economist, I worry about a lot of issues related to economies in this world.
Bitcoin is surely a revolution, but I worry that it is highly unfair for the older generations and the people who join Bitcoin in later periods.

Most people in the world do not hold Bitcoin or any other cryptocurrency. If they started buying it, prices would soar and there would be a huge purchasing power transfer from those who got later in to those who got in earlier. For these people, staying in Fiat currency will be the best option.

Also, there is the issue of scalability and of the timeframe of existance of Bitcoin.
Isn't it better to jump try an ICO? And following this reasoning why invest in an ICO now when something better may come later?

I think many of the discussions about cryptocurrencies leave out those of our society who have less access to information and new technologies.

What do you think?
Thank you.

I believe its normal for early adopters to be rewarded. We see it in every other business like network marketing and new business ideas. Regarding the scalability issue, I believe some cryptocurrency solve it since bitcoin is not the only cryptocurrency we have. I believe that cryptocurrency and local currency should remain at its place right now because of the problem you stated since we still benefit from both nowadays.

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August 19, 2018, 02:14:01 PM
 #128

I always think that the market will recover so trust the BTC and do not rush to sell them
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September 07, 2018, 01:28:43 PM
 #129

I'm sure that everyone would very much like to buy bitcoin at the initial price and very many thought about this and more than once. My friends also somehow dreamed that they would have known then they bought Bitcoin for all their savings. I do not know what price should be fair, but I know for sure that now it also makes sense to buy, because in the future it will rise in price and rise in price very much
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September 15, 2018, 07:58:44 AM
 #130

If you will buy bitcoin at very high price it will decrease the profit, so try to buy bitcoin when you see market is a bit down and you can get bitcoin at fair price, so right now bitcoin is not very high in price you can invest it is perfect and fair price after all.
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September 15, 2018, 09:45:01 AM
 #131

I always think that the market will recover so trust the BTC and do not rush to sell them

with the current situation and situation of bitcoin it is good not to make sales but if possible to hold and buy if you have enough capital with all the good altcoins, because the prediction at the end of the year there will certainly be a good development for bitcoin and altcoin.

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