Post
Topic
Board Speculation
Re: Please stop the 'manipulation' bullshit.
by
NotLambchop
on 26/10/2014, 22:38:32 UTC
@NotLambchop

But, your opinion seems to be that the protocol/technology is valuable, therefore the coins should also be. When more applications are developed for the blockchain and adoption increases, the more valuable the protocol becomes, the more expensive the coins become.

The blockchain can be duplicated as many times and for as many different applications as need be.  Clonecoin.  This particular instance of he technology--the Bitcoin blockchain--is no more elegant than a clone, so not particularly valuable beyond its current sunk capital (miners, etc.) & brand recognition.

If I said automotive technology is valuable to mankind, would you assume I meant Chevy?