Quote from: pandemic on May 14, 2017, 12:24:29 AM

If that's the case... what's the point in even spending any?

spending any? You mean sell any eth? if you meant that then that is what they want you to do. ETH while in POS, ETH devs will want you to race whales, whales will compete to each other, that is what they want but they plan will fail, because after the hype of the system is over, whales will not care anymore about racing each other and will start to sell all their coins to get out of this stupid never ending game. Devs think the game will continue on. I say it will fail, I guess we will have to wait and see. Devs need to understand that cryptocoins need miners and whales. We already have many scamcoins which is a whale only game and they failed. Hashrate supports, proof of work supports the price as equipment is costly, electricity is expensive. Crypto is about that, hardware and power. If you remove that then game is over. I hope ETH devs will come to a sense that system will fail. Anyway regardless of of what happens, there will be many other coins with proof of work or as hybrid, pow + pos. POS is the greatest bullshit in the cryptoworld.