Quote from: justusranvier on February 28, 2015, 09:03:33 PM

Quote from: Pecunia non olet on February 28, 2015, 07:01:05 PM

looks like it went down as predicted with gavincoin altcoin (bitbeans):

No pump, broken and abandoned 3 weeks after launch ...

https://bitcointalk.org/index.php?topic=915650.0

q.e.d.

What exactly do you believe that you've proved here, other than that you're confused about whether or not the labor theory of value is valid, and the nature and value of money?

The experiment is ongoing. So far there is no big demand for the coin and it remains to be seen if it can even stay functional (or is). There is something to learn from that. If you want to deny that there can be things learned from such experiments well that's your narrow view then and i don't have to share that.

It's the first altcoin experiment for bloatcoin proposal and so far it looks like a failure. Nobody is mad enough to even put money into it - so maybe that tells you something about the value of the idea.

... maybe it's still going to pump ... but will it survive the dump? Will it stay functional? Is it even functional now? Will there be demand? Will it be able to maintain a value on the mid/longterm timeframe? Is it even remotely viable?