Quote from: infofront on October 30, 2019, 06:54:14 PM

Quote from: realr0ach on October 30, 2019, 01:30:14 PM

Quote from: fillippone on October 30, 2019, 01:17:52 PM

Quote from: realr0ach on October 30, 2019, 12:51:24 PM

Quote from: fillippone on October 30, 2019, 12:44:16 PM

Stock to flow is irrelevant for LTC.

You people are the most dishonest, retarded, fucking scammers I've ever seen in my entire life. It's not possible for this 'stock to flow' nonsense to be completely invalid for Litecoin and every other coin and work ONLY for Bitcoin. They're all the same 'asset' class - I use the term "asset" extremely loosely because imaginary timestamps are not an asset - so it either has to work for all of them or none of them. It obviously works for none of them because a stock to flow model only works on physical commodity resources humans actually need with some type of inelastic demand.

Forced to reply as you are calling me in a way I don't like.

If only you would use some of your time to actually read about the model (plenty of places to do that, one of those being here), instead of repeating the same old story, you would understand why this model is not applicable to Litecoin.

What is your rationale for why 'stock to flow' would work on Bitcoin when it doesn't work on ANY other digital crapcoin? You don't have one. You're either required to be a dishonest scammer or negro-level IQ to not be able to realize scarcity in vacuum for scarcity's sake is meaningless. The idea of stock to flow requires pairing scarcity with inelastic demand. To have inelastic demand requires being an actual physical resource humans need, not an IMAGINARY timestamp. TIMESTAMPS are not in short supply ANYWHERE.

Bitcoin is the only cryptocurrency with unforgeable costliness,

What the fuck. You have GOT TO BE SHITTING ME. That's an entirely made up, bullshit word salad like blue hair feminists fabricate out of thin air to try and bamboozle people. I don't know why you people even quote Nick Szabo when he's an Ethereum shill. It was obvious it was a Wolf of Wall Street IPO scam before it was even released, with the system itself incapable of even functioning at a drawing board level.

When he's bullshitting you in things like that, it's obvious he's bullshitting you in lots of other places too. He makes numerous leaps of illogic like concluding the only reason humans value something like gold is because it has large amounts of sunk cost fallacy to produce, then tries to claim that PoW aka "unforgeable costliness" replicates that sunk cost fallacy making Bitcoin equal to gold LOL. This whole simpleton train of logic is so stupid it hurts. If Bitcoin had "unforgeable costliness", the 51% attack would not even exist for fucks sake.

And producing gold isn't even sunk cost fallacy in the first place since you're producing an actual resource, while Bitcoin REALLY IS sunk cost fallacy producing nothing. So it's a complete apples to Toyota Corollas comparison. Then factor in absolutely none of the other million traits of physical metals and Bitcoin are comparable either with one being an imaginary object and all. I could go on about the illogical economic statements of Nick Szabo for hours but nobody reads posts over three paragraphs as a spontaneous, JayJuanGee defensive reflex.