Quote from: Lala on December 27, 2013, 08:07:53 AM

That mathematics and logic makes a F grade mathematics student look like a genius.. you do realise other factors affect price, as Bitcoin is heavily adopted by organisations and long time investors. Does this mean Mastercoin should be ~$2500 then and Franko should be $5000 or whatever. This logic makes me cringe so hard.

Look if you open a bank and it sits depositor's money out on a windowsill with a big sign saying "steal this money" that makes it a bank that it would be stupid to put a lot of money into. Encouraging people to put money into a financial application or system that is not secure is irresponsible at least, maybe even deliberate criminal negligence or something along those lines.

I am not saying that a highly secure currency should be worth a lot, I am saying that an insecure one should NOT be worth a lot and hopefully not worth much if anything until it has been adequately secured. People should be urged to withdraw until the vault has been repaired, kind of idea. Warn everyone to stay away, close the thing until its security has been upgraded or whatever but do NOT deliberately try to cause people to lose money by deliberately urging them to put it into insecure systems.

-MarkM-