Quote from: inBitweTrust on September 17, 2014, 03:39:58 PM

Quote from: kokojie on September 17, 2014, 03:29:00 PM

I don't like PoW precisely because I'm heavily invested in Bitcoin. Would you be happy if your 401k account charges you 10% expense each year? This is what PoW is costing Bitcoin owners

Certainly, and I will even admit that many of your criticisms are valid. What you fail to address properly is the innate weaknesses with PoS and DPoS however. This isn't about that though.... the real question is why you are still mostly invested in BTC and claiming that "PoW is dead" and pumping Bitshares? Why don't your actions match your rhetoric? If it is costing you get out and we will soon follow if Bitshares is superior.

I don't think you understand. Why would I get out if I'm still confident that Bitcoin will rise up? but my point is, for example, this year Bitcoin could have had a 20% increase in value, but with the PoW cost dragging it down, you are looking at a much smaller increase in value. But my investment would still increase in value, why would I get out instead of attacking the problem that is dragging my investment returns down?

Bitshares still has a long way to go to overtake Bitcoin, 3-4 years minimum, there's no hurry to get into Bitshares, I'm already invested in Bitshares anyway. If Bitshares does overtake Bitcoin, my current investment in Bitshares is more than enough to give me insane returns.