Quote from: brg444 on November 05, 2014, 07:14:10 PM

Quote from: cypherdoc on November 05, 2014, 06:45:20 PM

what i'm saying is you're letting altcoins/sidecoins/SC's into the core engine of the Bitcoin business by allowing them to hitch themselves to the Bitcoin blockchain and siphon BTC currency via the 2wp as well as luring Bitcoin miners to MM. if the altcoin/sidecoin/SC can offer attractive features like perfect anonymity to scBTC holders, why wouldn't BTC holders migrate to it when they have the risk free put?

Here is the fundamental problem/misunderstanding in your argument. Sidecoins have no risk free put. Only 1:1 scBTC have. This is precisely why there will be no interest to invest in a sidecoin when there is a scBTC that offers the same feature AND the risk-free put

what's wrong with you? why do you keep trying to ascribe that "misunderstanding" to me? anyone following this knows i know only scBTC have the 1:1 peg. i'm beginning to think you're a shill here despite your denial.

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Quote from: cypherdoc on November 05, 2014, 06:45:20 PM

the double whammy comes with the scZC with an initial low price, maybe $0.006/scZC. since investors/speculators understand the importance of anonymity as a desired feature, they will buy these up like crazy b/c if they're right, the entire BTC holding community might have to migrate over to this chain increasing its usage and ultimate value. if other speculators follow on by buying up scZC at higher prices, this further increases the value of the SC. miners will leave the Bitcoin MC to take advantage of all these dynamics.

Quote from: brg444 on November 05, 2014, 06:23:13 PM

btw you can buy Monero right now, perfect anonymity, and you only have to pay a fraction of BTC's price, a real bargain! don't lose your chance!

care to tell me the difference between scZC and Monero?

i just told you severl times thru several examples. the 2wp breaks the link btwn BTC the currency and its blockchain and allows scZC to take advantage of certain dynamics that Monero can't.