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>“It also doesn't make sense for late adopters to get the same price because there's a lot more risk associated with being an early adopter than a late adopter.
by CynicusRex 6y ago
>“It also doesn't make sense for late adopters to get the same price because there's a lot more risk associated with being an early adopter than a late adopter.”
Often repeated but false. Early adopters mine or buy large proportions at negligible prices while late adopters mine or buy negligible proportions at large prices.
- gsich 6y agoThere is no guarantee that there will be late adopters. So yes, there is risk.
- sudosysgen 6y agoNot when you know beforehand that it will be implemented into signal :)
- gsich 6y agoTrue, but in general.
- xorcist 6y agoWhile I agree with the sentiment, that part is just the time-value of money. The same is true for stocks, gold, and pretty much anything else you can invest in. In retrospect it would have been a good deal to buy AAPL for $1.50 in 2005, but what can you do. That doesn't make Apple a ponzi scheme.