Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: freshman777 on April 02, 2016, 07:52:33 AM



Title: 6 Myths of Cryptocurrency
Post by: freshman777 on April 02, 2016, 07:52:33 AM
- If Bitcoin fails, alts fail too.

- PoS is insecure.

- Price of a PoW coin is backed by electricity consumption.

- PoS has no intrinsic value, PoW intrinsic value is in the consumed electricity.

- People need smart contracts.

- Governments will be happy to embrace Bitcoin when they realize its potential.


Title: Re: 6 Myths of Cryptocurrency
Post by: Spoetnik on April 02, 2016, 07:57:54 AM
Your a noob so please stop lecturing us.


Title: Re: 6 Myths of Cryptocurrency
Post by: r0ach on April 02, 2016, 08:20:27 AM
This guy is one of Come from Beyond's "please let me dump my ipo on you" shills.


Title: Re: 6 Myths of Cryptocurrency
Post by: freshman777 on April 02, 2016, 08:24:49 AM
r0ach, you can't quote me pumping IOTA because I don't. The difference between us I understand flaws of coins and raise valid concerns, you ignore that and pump the flawed Bitcoin to dump on n00bs.