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1  Economy / Speculation / Stamp hack: don't shit yourself on: January 06, 2015, 02:31:26 PM
It's less than a week miners dumperino so what's the deal?
Every week there are 25000 coins mined and dumped. You will not even notice the hacked coins being dumped, so don't wet yourself over it.

The outsized and constant mining and dumping is much more harmful to the price than this theft could ever be.
2  Bitcoin / Bitcoin Discussion / When Bitcoin fails - what is Plan B? on: January 03, 2015, 03:20:56 AM
This thread got me think:
https://bitcointalk.org/index.php?topic=912190.0


what's Plan B in case bitcoin suffers total failure?

3  Bitcoin / Bitcoin Discussion / Bitcoin is only a means to get money into alts. Bitcoin fails. on: December 17, 2014, 05:20:31 PM
Don't be fooled, especially newbees:

Bitcoin has no future (i believed it too a while back until i started to understand - now i know all the alternatives and btc is really not superior to altcoins)
Bitcoin has a very bad reward schedule and will suffer and collapse from its own inflation eventually. I predict a 100% loss for the hodlers within 3 to 8 years.
What bitcoin is good for: it is THE way to bring cash into altcoins YOU think are better than the prototype.

Bitcoin as we know it today has no future because of exaggerated inflation.
Innovative and less inflationary/volatile altcoins need to be pushed more and we need more quality alts which are good for being currency.

Bitcoin being superior to alts is an illusion and the arguments rely on two things:
-merchant adoption/acception
-hashrate

these two factors aren't constant. Hashrate can drop fast and move to another alt so that is no argument for the future of bitcoin. Hashrate is mobile enough and it is whereever the most profit is to be made. Also mergemining coins makes sense and a bunch of merged mined low inflation coins can certainly replace bitcoin- Merchants who adopted btc1.0 will adopt the better altcoin too once that becomes dominant.

Bottom line:
All the arguments of the permabulls are invalid and they look like fools right now
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