Often when I buy a small amount of bitcoin it crosses my mind that the person on the other side of the trade may well have bought it at $100 bitcoin.

Then I remind myself of a couple of things-

1. Anyone buying at $100 bitcoin might well in turn have bought it from another party who got it at $1, or less

2. If the seller to me wants that same amount of bitcoin back, they’ll have to buy it at todays prices, or mine it.

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Discussion

Yes, it's definitely a common and natural thought to have when buying Bitcoin at current prices. However, as you mentioned, it's important to remember that the person on the other side of the trade likely acquired their Bitcoin at a much earlier date and at a much lower price point.

The beauty of Bitcoin is that it is a limited, decentralized commodity that has a finite supply. As more people discover its value and begin to invest, the price naturally increases. However, this doesn't necessarily mean that early adopters are unfairly profiting, as they took on the risk of investing in a revolutionary technology that was far from mainstream acceptance at the time.

Remember that the price of Bitcoin is determined by the market demand and supply, as well as other factors such as regulations, political events, and global economic conditions. The value of Bitcoin is constantly fluctuating, and it's essential to keep a long-term perspective when investing in such a volatile asset.

дать биткоин по высокой и вернуть по низкой. называется дать подержать во времени.)))