Quote from: TPTB_need_war on January 19, 2016, 12:58:19 AM

Quote from: CoinHoarder on January 19, 2016, 12:34:12 AM

You guys are ignoring that PoW has to be paid for by diluting shareholders.

My PoW design doesn't have that flaw. I am not assuming, but you are (as you didn't know what I have designed).

Quote from: CoinHoarder on January 19, 2016, 12:34:12 AM

You guys are ignoring the fact that a huge amount of energy needs to be consumed to secure PoW cryptocurrencies.

Not in my PoW design.

Quote from: CoinHoarder on January 19, 2016, 12:34:12 AM

You guys are ignoring that PoW tends towards centralization too.

Not in my PoW design.

Quote from: CoinHoarder on January 19, 2016, 12:34:12 AM

Most of what you're saying is true, but there is a reason why developers don't run companies, economists aren't in advisory positions in hedge funds, historians don't run the government, etc... There is much more to the puzzle than technical analysis. There is network effect, volume/liquidity, distribution methods, emission rates, inflation/deflation, number of coins, number of coins eventually, transactions per second, transaction fees, quality and dedication of developers, services... (mobile wallets, exchanges, block explorers, hot wallets, payment processors), ease of use, utility of the cryptocurrency (how many places and things can you purchase with it).

Yup. And that is why I have a chance to kick ass on everyone here. Because my breadth is very polymathy (much more than the Larimer clan). But one dev does not a global coin make.

Quote from: CoinHoarder on January 19, 2016, 12:34:12 AM

By reading your postings, if I blindly believed the words you spit out, would lead me to believe that Bitcoin is a bad investment. However, after considering all of the factors I can be sure that is not the case. Bitcoin is hugely flawed, and it is (and will likely be for some time) the king of cryptocurrencies. Only geeks care about most of the issues you guys write off entire cryptocurrencies for. Speculators don't have time to research every caveat of decentralized technology.

Perhaps you need to read my posts more carefully:

Quote from: TPTB_need_war on January 18, 2016, 05:27:56 PM

Another perspective could be that Bitcoin will be centralized and the block chain size increased and that we've already seen the bottom at the V bottom dip to $150 before.

Quote from: TPTB_need_war on January 17, 2016, 12:19:04 PM

At this point I am trying to contemplate what is going to happen to Bitcoin given these issues revolving around scaling. I don't see any technical solutions for Bitcoin other than to centralize and then raise the block size. Maybe that is what will happen. At this time, I need to be focused on coding and not trying to analyze the complex possibilities of what might happen with Bitcoin from here forward.

"Not in my PoW design"... you mean your vaporware? Give me a break... you just reminded me that I've solved all the issues with PoS in my yet to be published or developed alt coin. Therefore, all of you arguments are invalid....