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MobileCoin is already liquid on multiple exchanges so the coins would just be purchased at whatever the market price is. It also doesn't make sense for late ado
by troquerre 5y ago
MobileCoin is already liquid on multiple exchanges so the coins would just be purchased at whatever the market price is. 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. This works both ways — if something bad happens to MobileCoin that tanks the price late adopters would be able to buy at a cheaper price because the new information gets priced in.
- CynicusRex 5y 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 5y agoThere is no guarantee that there will be late adopters. So yes, there is risk.
- sudosysgen 5y agoNot when you know beforehand that it will be implemented into signal :)
- gsich 5y agoTrue, but in general.
- xorcist 5y 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.
- justapassenger 5y 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. Other way of saying it, is that early participants in a pyramid scheme don’t have guarantees that they’ll find enough people for the scheme to be successful.