Post
Topic
Board Economics
Re: Bitcoin's profit
by
n691309
on 22/12/2017, 17:10:30 UTC
I heard people said that Bitcoin's profit is higher than profit of drug dealer, weapon dealers or profit of real property or any kind of stocks. Is that real ?


That can be truth if you are a very early adopter. But it is easy to see in the past. Today we all can say what a good investment it was to buy btc as early as possible. The task is to find something to invest in now.

By the way, what if you invested in Google on its early early stages? Profit could be ven higher than from BTC. But can we say now "investing in Google is more profitable than selling drugs"?
As far as I am concerned, we are still all early adopters and there is no way anyone can know the peak of bitcoin yet which I am very sure we are not even close to one thousandth of it yet. Bitcoin have so much room to still grow looking at the level of adoption it has so far.

The thing is that, those who invested earlier has been able to pay their dues to wait this long and some of us will still have to pay our dues to and it keeps going on and on. Just like you said, you cannot compare those who invested in Google at the early stage to those who got in, in the middle and those investing now.