Quote from: roselee on December 31, 2016, 07:37:30 PM

Quote from: thevictimofuktyranny on December 31, 2016, 05:31:12 PM

Quote from: roselee on December 31, 2016, 04:59:28 PM

Quote from: becoin on December 31, 2016, 01:13:32 PM

Quote from: thevictimofuktyranny on December 30, 2016, 07:31:04 PM

That is entirely fine with me, but I'm purely interested in primary function as a crypto-currency.

Why would anyone be interested in a crypto-currency that has unlimited supply and can be easily forked at the will of a limited group of bagholders?

lol thanks to you you get it . its not the difficult to understand isnt it .
a unlimitied currency easy to fork and plans to go pos.
sure it will fall in price.

That is a naive statement - this is 2nd biggest crypto-currency network.

Any network that suffers a 51% attack will require a remedial fork to clear up the mess - so you've not really research your opposition to forks, because they are compulsory in certain situations.

From what Vitalik Buterin published 15 hours ago, he listed costings at:

1% issuance equals $50 million costing on the remedial fork

0% issuance equals $5 million costing on the remedial fork.

From these costings for Ethereum Network at the current market valuation $700 million the Ethereum community will probably choose an issuance below 0.5% to minimise the security theoretical costings.

This annual increase of coinage, will be below 45,000 Eth. As opposed to the current production of 12 million Eth.

Then, there is the current electricity bill for the entire Ethereum Network that can be costed at $0.10 at eye-watering amount of $28 million!

Ouch Grin

This is being funded by investors and miners who are accumulating Ethereum.

Annual production at issuance 0.5% equals $360,000 of costings, assuming these are sold off by investors.

Nearly all of metrics say: the investors in Ethereum are going too have plenty of spare cash through the $28 million saving on electricity too achieve a higher price than the current POW price.

Yelp, the Casper POS is a win and win situation for the Ethereum Network and investors - no-one who does the Maths is going to say a saving of $27.6 million is going to cause falling market prices.

Finally, there are a whole sweep of businesses under development expecting to be deployed in 2017 and 2018, which will further increase the market price of Ethereum.

lets agree we disagree
wish you a happy new year

As a standard reply, I would rip you a new asshole roselee if you weren't English.

Have a Happy New Year! 4 hours to go n London.