By the way, you know that pre-fork coins could also be sold off on majority-fork exchanges? Particularly because early adopters might be a little pissed off at the commit keys for bitcoin's dominant implementation being in the hands of a junior dev who wants to make the question of inflating the money supply a democratic one (jtoomim). How do you know who controls millions of pre-fork coins? You can be sure that I'll be dumping everything the second Toomim gets the keys to the kingdom, and I know several likeminded people.
This is the most likely outcome. Once we start selling everything and the price starts crashing, everyone will join in on it.
I believe that If non-Core hard fork wins, major holders will sell BTC, driving price into the ground. 28113.50234684 Ƀ (84.89%)Gavin said himself that he doesn't see bitcoin as a store of value, just a means of exchange like any other currency:
https://bitcointalk.org/index.php?topic=204.msg1714#msg1714That's not what the post says. It didn't say that when Gmaxwell linked to it, and it doesn't say it now. I am really worried about the reading comprehension of Core supporters.
Wat?
I plan on using Bitcoins as a convenient, very-low-cost means of exchange.
I don't plan on saving a significant number of Bitcoins as a store of value.
He then goes on to compare hoarding bitcoin to
hoarding dollars or euros or yen
Some people, like Gavin, don't care about bitcoin's value proposition. They just see it as a payment channel. That's okay, but I strongly disagree.
Ok, it looks like part of the problem is that you don't see money as a store of value. Unless you didn't know that money is commonly thought to be a store of value it is very disingenuous of you to just assume that Gavin Andresen doesn't see money as a store of value. Especially when it is right there in his text. And even more so since I quoted that part and you cut it out in your reply. I still hope It is your reading comprehension that is at fault. If not, then it is your character.