Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
brg444
on 05/11/2014, 19:38:35 UTC
but scZC is MM'd and direct mined for security alongside the scBTC.  therefore it is more secure than today's altcoins.  sure, the exchange price for scZC might be volatile as are altcoins today but b/c it has the advantage of being MM'd and direct mined as a result of scBTC being attracted to this SC for the same perfect anonymity reasons, it should do better than today's altcoins.

No, the sidecoin is only MM if there is value in it. The comparison to Bitcoin is asinine. Bitcoin had no competition. There was no choice for miners or better use of their resource

Bitcoin started of at $0.  "there was no incentive to mine them" yet they were. once they were bought and traded, price started to rise. scZC only has to be mined by its dev to get things going.

If it's only mined by its dev than it make it a HUGE security risk. Exactly like any other altcoins. Again, no one wants to store their value on extremely volatile sidecoins that are considerably more risky, less secure and have no distinct feature.

the scBTC have no every reason to store on scZC b/c of the risk free put.  

there is no risk free put on the scZC