Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
brg444
on 02/11/2014, 00:20:38 UTC
there may be some in scBTC who need to get out fast for IRL reasons and would rather take a slight loss selling on an exchange rather than going back thru the peg with it's contest/confirmation delays.  ppl do all sorts of crazy shit.

several proponents here have already agreed scBTC would be priced less than BTC, at least initially.

 Cheesy Cheesy Cheesy

so your argument relies on ppl doing all sort of crazy shit but you expect me to prove things without the shadow of a doubt

you can't be serious  Huh

this is a terrible, terrible answer and in fact there is no reasonable scenario for such a thing to happen. the only one I can envision where people would be selling their scBTC at a fiat loss instead of returning to the BTC mainchain is if a failure in the SC implementation doesn't allow it i.e. extremely unlikely and would be an exception that does not define the rule