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Doesn't Bitcoin benefit initial users unfairly?

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Doesn't Bitcoin benefit initial users unfairly? in General Cryptocurrency Discussion_xx
Some early users have bitcoin in large numbers because they take risks and invest their time and resources on unproven technology, which at that time was rarely used and do not have adequate security. Many early users spend large amounts of bitcoin several times before bitcoin becomes valuable, or buy in small quantities and don't get a big profit. There is no guarantee that the price of bitcoin will go up or down. This is very similar to investing at an early stage that might be able to provide value along with its usefulness and popularity or even never become anything. Bitcoin is still at an early stage, and has been designed for long-term goals. It's hard to imagine how Bitcoin will benefit early users, because today's Bitcoin users can become early users later, or not.


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#1 - February 11, 2019, 12:34:20 PM

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Doesn't Bitcoin benefit initial users unfairly? in General Cryptocurrency Discussion_xx
if time can be played, there must have been many people who collected large amounts of bitcoin.
#2 - May 24, 2019, 02:25:50 PM

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Doesn't Bitcoin benefit initial users unfairly? in General Cryptocurrency Discussion_xx
if time can be played, there must have been many people who collected large amounts of bitcoin.
unfortunately, time cannot be played back, indeed the price of bitcoin is not predictable, that's what the law of bubble is.
#3 - May 24, 2019, 03:27:23 PM

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Doesn't Bitcoin benefit initial users unfairly? in General Cryptocurrency Discussion_xx
I agree that bitcoin is like a legal bubble effect where prices can soar and explode without anyone expecting it.
#4 - May 24, 2019, 04:20:10 PM

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Doesn't Bitcoin benefit initial users unfairly? in General Cryptocurrency Discussion_xx
I agree that bitcoin is like a legal bubble effect where prices can soar and explode without anyone expecting it.
if the law of bubble is only temporary, sir, if bitcoin seems to be long-term, even though there are similarities with the law of bubble.
#5 - May 25, 2019, 03:01:38 AM

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Doesn't Bitcoin benefit initial users unfairly? in General Cryptocurrency Discussion_xx
For this reason if we want to enter in Bitcoin, we must learn first and prepare the risk from the beginning, meaning we use money that is already ready to disappear from the beginning so that we can remain calm when entering Bitcoin
#6 - May 25, 2021, 10:51:07 PM

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Doesn't Bitcoin benefit initial users unfairly? in General Cryptocurrency Discussion_xx
I think the development of bitcoin is getting better and better, more people are using it for transactions and more and more brokers are using bitcoin for payments, so I think bitcoin will have a good future
#7 - June 12, 2021, 06:50:17 AM

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Doesn't Bitcoin benefit initial users unfairly? in General Cryptocurrency Discussion_xx
in my opinion if we want to invest our money on the currency of Crypto especially Bitcoin, have to use money that is truly non-used or unused, and also learn first as well as possible before entering too deeply
#8 - July 12, 2021, 05:37:59 AM

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Doesn't Bitcoin benefit initial users unfairly? in General Cryptocurrency Discussion_xx
There is a common perception that early adopters of Bitcoin benefited unfairly from its growth, as they were able to acquire large amounts of Bitcoin at a very low cost. However, it's worth noting that early adopters also took on significant risk by investing in an untested and largely unknown technology. Additionally, Bitcoin's success and growth are based on a network effect, where the more people who use and adopt it, the more valuable it becomes. Therefore, the early adopters who helped to establish and grow the network played a significant role in its success, and their rewards are reflective of that.
#9 - March 04, 2023, 01:38:22 AM

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