Quote from: Sunny King on August 18, 2013, 12:58:03 AM

If that were the case, you should be denouncing bitcoin and gold rather than making claims that how primecoin's scarcity is inferior to bitcoin.

As I explained in OP, you don't really have a "scarcity" model to begin with.

Here is what both Bitcoin and Gold have in common, which is legitimately regarded as "scarce" by dictionary definition ("not abundant):
- no matter what the demand for Bitcoin or Gold is, the amount of BTC/Gold is caped and production rate only slows down over time in a long term trend (where no major technology break-though happens.)

Primecoin, however, relies on "projected" increasing demand to keep it "scarce", but when demands drops, there is proportionate "abundance" => this does not justify the definition of "scarce" - "not abundant".

Quote from: Sunny King on August 18, 2013, 12:58:03 AM

There is no such assumption, the scarcity is based on Moore's Law, the fact that difficulty and mint rate change with demand is just incidental and temporary effect, which has no bearing on the long term scarcity model.

"the scarcity is based on Moore's Law"?
Common, you make me Laugh MAO Cheesy

I'm sure someone like you knows better than most trolls in this thread that no (alt)coin scarcity can be based on technical Moore's Law, that's not how it works.

History has proven again and again that human "demand" for insufficient supply (or perception there of) is what creates scarcity, not technical limitation of some mathematical or computer algorithms.

Quote

the fact that difficulty and mint rate change with demand is just incidental and temporary effect

Ok, I see that you finally admitted that you did not think through when designing Primecoin's demand/supply system.
Whether that is truly "incidental" or "intentional" - I'll leave to people to judge, based on your PPCoin release history.