People should avoid purchasing these coins like they avoid the plague, because purchasing these coins is simply financially rewarding a government that is entirely opposed to the people, and the proceeds the government receives for them coins will go directly towards the prosecution of more American people... none of those funds will go towards the betterment of the American people. 

It would be one thing if the American people were in fact in control over their government, but this clearly is not the case, and has not been the case for a very -very- long time.

The current negativity is precisely why now is a great buying opportunity

Well, if we agree on the fact that if bitcoin rises to 1million USD in 12 years, it will consume 6% of power (according to the model I posted from stdset), the question becomes : will this provoke an incitation to move to POS cryptos ?
I am not sure about that, because if it rises to 1million, the cost of migrating to something else are astronomical and might outweigh the cost of energy.
However, if the price of Bitcoin would make some business model impossible, I would expect migration to happen.

We can slow down the process with energy reuse, but it does not solve the question, only post bone it.

Right now I´m running 10 280x card over 3 rigs. Would be nice not to have ro run more then that and keep the same hash with lower watt.

The reason the price is sliding is simple: the public sgminer Neoscrypt mining software is rubbish. A number of coders have produced modded kernels that hash at 590mhs, instead of 323mhs with a R9 290 GPU as an example.

This has been sold on to other miners, therefore the general macro economics of coin distribution is messed up Therefore, 10% of miners are mining at 193% hash output, 90% of miners are hashing at 100%: therefore, you have 19% mining for short term profitability reasons (on newish alt coin it should be under 15%), which creates extra sell pressures on the exchanges and the coin price trends downwards over time.

The developers team could purchase the modded kernel, from someone like Wolf0 (AMD) for a couple of Bitcoins and publicly release it to all miners, but they don't. Let's not speculate why they don't
 

Last century:  Cost of production of money: 0 watts.   Massive waste of all resources results.

This century:  Cost of production of money: determined by public currency mining market.  Efficient use of resources results.  

There is no reasons to it's fail but if it's fail (i don't think so) don't worry.At least learned about movement of basic trading and cryptography from bitcoin.

Here are my neoscrypt.cl and sgminer configurations for 7950 and 280x. I use the 14.6 driver, found no difference using 14.7.
My 7950 does 320KHs at GPU clock 1000 MHz, memclock 1250 MHz, 1.081V GPU core voltage
My 280X does 360KHs at GPU clock 1036 MHz, memclock 1500 MHz, 1.025V GPU core voltage

I kinda feel the same way, but I'll be a little gentler. BitmoreCoin, you may want to look up bitwise operators and things like that - an AND operation is far, far faster than modulus (modulus and division are ouch slow, as a general rule).

I hate to admit it, but Gates is completely right.

There is no question Satoshi is a genius, many aspects of his innovation are really remarkable, however Gates (who is very good at the implementation level) correctly spots the biggest issue with Bitcoin: that without a regulated third party it's not fit for trade and hard to integrate it in the existing regulated legal and financial structures. No wonder large adopters like Paypal and Microsoft use Bitcoin in a strictly regulated environment where the third parties can verify who is paying for who. In modern societies where drug traders, money launderers and terrorist organizations pose security risk from the state viewpoint only regulated financial instruments will be allowed by law enforcement, and therefore Gates very correctly states that it seems Bitcoin cannot be such financial instrument. What Gates said (despite what the OP states) nothing to do with privacy, it is all about the ability to comply with regulations.

I think he is right, bitcoin alone can't change the future, but it will pave the way to the new generation of payment service.

Lack of transaction reversals

“So that basic technology shows that digital can do these things very cheaply, and the fees that have been building up over time won’t stand up even for small transactions. Now making sure that the thing is fraud-resistant and that money can be refunded – there’s somebody that you call up if you think you transferred to the wrong account or your account balance is not what you’d expect.”

WHen the US Colonies were first established each State had it's own currency, and exchange rates were likely a bit volatile. It wasn't until a single currency (the Dollar) emerged that things settled down. It's possible we're seeing the same with cryptocurrencies today...with the difference being that the strong contender to be the single cryptocurrency already exists, bitcoin.

I have recovered a year old wallet last month and it contained 120k satoshi. Feeling clueless!! what to do!! That was almoost 1000$ priced BTC. Now its worth around 200@