Quote from: davout on January 19, 2015, 10:37:52 PM

Quote from: tvbcof on January 19, 2015, 10:11:57 PM

Bitcoin is economically broken at the fundamental level with respect to support reward for POW. This because it will always approach net zero no matter what.

PoW is economically broken because the margins tend towards zero? Seriously?

No, it's not. But payout to miners are way too high in this very first example here. Miners rule the market and shortsellers riding it down - with no end to it.
It's not the POW, it's the high rewards. But totally OT now.

Agree on: 'Bitcoin is broken on the fundamental level' (evidence in the charts)

It's even ultra bizarre to read this BS thread about the useless fork and how far out everyone is with their pipedreams, when i think about how in comparison the markets and direct reality fare currently...

You have no scalability issue because in 6 months there is nothing left worth scaling. This thread is a waste of time imo. How did it get here?

Quote from: newIndia on January 19, 2015, 10:41:55 PM

Quote from: davout on January 19, 2015, 10:37:52 PM

Quote from: tvbcof on January 19, 2015, 10:11:57 PM

Bitcoin is economically broken at the fundamental level with respect to support reward for POW. This because it will always approach net zero no matter what.

PoW is economically broken because the margins tend towards zero? Seriously?

A blatant attempt to push PoS Tongue

sure. Next he preaches to buy Bitshares or Cinnicoin or something...