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I'm wondering, are there any other planned or existing crypto, other than hex, with incentives to "lock" coins, thereby reducing selling pressure?

I've turned permabear . Bitcoin will be replaced by a POS-coin distributed by a government or a really large organisation, here is why:

All traditional currencies have something in common: they were initially created by an authority in which a lot of people put their faith in, an authority which they didn't mind would benefit from the inflation/creation of the currency. Sure, many of said currencies were officially backed by gold, but people accepted that the backing inevitably would get fractional.

Bitcoin is mostly issued by lucky early adopters / mining-speculators, which is exactly the kind of people that society would hate to see benefit from currency issuance.

The advantages of the incoming competition will end up making bitcoin worth nothing more than collector's stamps. The fact that the competition isn't visible or even existent yet, doesn't mean than it's not coming.

We will see the benefits of cryptocurrencies for humanity, but it won't be Bitcoin, or any of todays altcoins.

The question is when does the collapse of Bitcoin start. Could be 5 years or 5 weeks from now.

I've never traded before, but this roller coaster is probably unhealthy for many of us.

Besides putting all your XBT in cold storage, what's your strategy regarding quality of life vs good trading decisions? For example, what ratio fiat/XBT do you see as good for your health?

Tech values who get a lot of press in the media seem to get a boost january. Bitcoin will be no exception. I think that's because people listen to their friends and relatives, not to the media when it comes to investments.

Apparently there is a Wikipedia article about this too: http://en.wikipedia.org/wiki/January_effect

Because of ID verification delay, the january effect might last longer

Governments will not accept to see their currency lose value, but they will also realize that they can't ban bitcoin. For them, there is only one option:

Central banks from large countries (China, USA, etc..) will work together to create a proof of stake crypto-currency (similar to PPC). Bitcoin will probably survive this, but it will prevent it from reaching valuations such as 1M$.

So when do you think this will happen, and if not, why not?