Some COIN supporters are of the belief that it will SET the price of bitcoin, in much the way that gold ETFs set the price of gold.
The significant differences between gold and bitcoin may run squarely counter to this belief.  Gold ETFs are useful because storage and transport of that commodity bear costs and risks higher than the ETF ownership, where the opposite is true of COIN.  I suspect that often it will influence and follow rather than lead.

There is a long thread on this:
https://bitcointalk.org/index.php?topic=252330.msg2681929#msg2681929
I offered the OP and my chief interlocutor on that thread to do a debate on stage at one of the many Bitcoin conferences but couldn't persuade him to do so.

There will also be some opportunity for truly massive fiat manipulation of COIN due to its projected high liquidity.  In such cases it can be expected to lead price up or down as arbitraging will shift value in and out to the extent that it is trusted.

I suspect that the real time p2p bitcoin exchanges OTC, and localbitcoin and the others will have the highest prices in most cases.  As is said of gold, if you don't hold it, you don't own it.

Sure, just depends on the legacy that matters to BCX.  All that remains would be for BCX to claim victory.  After all, BCX got everything BCX asked for from the outset.

We all can see how BCX's crushing might of brute force hashing, summonable on command plus a deep history of expert TW assaults and DDoS capability of BCX's repute, has forced the hand of the XMR dev team to alter their commits just to address this threat. 

That the DEV team also came to BCX, hat in hand, asking publicly for help from BCX shows their both humility and single-minded dedication to the success of their project.  They dropped all pretense of ego, all they care about is tight code.  They seem willing to admit that given enough power, the block chain, any block chain, can be overwhelmed. 
They did manage to raise the barricades a good bit, and battened down the hatches with their decentralized and nimble checkpointing innovation.  This would make any TW dependent attack much more costly to BCX with much less disruptive effect.

XMR is in the crib, in the years to come it will have to contend with much greater adversaries than BCX.  It was born out of a litter of CryptoNote alts, had a brief foster parentage with TFT, and now has a strong well balanced family of its own with its current team.

There is no perfect offering, XMR just managed to achieve "best yet", and within the 72 hours of the BCX challenge issued.  Other baby alts would be wise to follow this leadership in TW defenses.

There are TLAs more powerful than BCX.  Thanks to BCX, XMR is a bit more ready for those challenges to come.

You have a link to your proof of this other alt that you claim rpietila owned before Monero?
Or what?
To be very clear, I am not calling you a liar, that remains to be seen.  So far it merely appears that you are making false assumptions.
It is when you continue these, and also have a lack of any evidence to support them, that it will appear to most people that it is a lie.
I am not convinced you are a liar, you may merely be hallucinating.

You are familiar with crypto currency basics, yes?

In addition to another payment method, it is also a better payment method.
Some of the more applicable merits include.
Proof of funds
Validated low friction escrows
Smart contracting

This could provide contract enforcement for order cancellations.  
Cancel an order and still pay some %.  Manufacturer still has the goods and can sell, and also receives compensation for unfair business practice.

Folks whine about not having consumer protections, but they are there for anyone that wants to use them, what is missing isn't the protection, its just missing the protection racket.

I'm no expert in ex-im bank stuff, but these things just seem to be such obviously better mechanisms for solving the problems.  Save the big guns for when they are absolutely needed.  State department has enough to worry about.

This is fine for speculating on what ulterior motives might be at play, however...
If you take BCX at just what BCX said, it wasn't about the price.

There were other things BCX claimed to want:
1)  "Forced Evolution"
2)  "requests for help from developers"

BCX achieved both of these.  These goals are also consistent with the general goals of the broad community of crypto currency workers (but perhaps with the exception of the threat of the use of force to achieve them).
This was a no-lose scenario for BCX, just different sorts of wins.

The DOTA2 Update this weekend brings some nice balances, and a more exciting game play.

It is also refreshing that some folks are learning to play the techies effectively.

...and hope is magnified by the fear it relieves.  There are plenty of sources generating reasonable fears everywhere.  Why not be prepared?

Opening the source is the most critical development here.  It should be highlighted as much as possible, as it is the greatest critique against Darkcoin.

and so...
This is confused with a credible plan to take over the world by military force... by at least one person.

There are accounts that are obviously overreaching, making grand claims, and provide ample fuel for the critics.  These accounts claim that Monero is today what those actually working on it are hopeful that it may someday become.  These accounts tend to fail at articulating reasons for their grand claims, they ignore the merits of Monero in favor of emotional hype.

Typically this sort of activity is harmful, it matters little whether it is intended to be harmful or not.
If believed, it artificially inflates expectations, and generates absurd arguments.   If not believed, it gives the appearance of false hype and scam.

Being tarred with such "supporters" may be one of the effects of the early work to wrestle an honest and open coin, out of those attempting to misuse the CryptoNote technology.

Consider the possibility that it is just what it seems to be.  A googlealert twitter bot. 
Google alerts are automated searches.  This is likely just one piped into twitter.  When the google search finds some thing the bot tweets it positive negative true or false.
For more on google alerts:
https://support.google.com/alerts/answer/4815780?hl=en

Indeed, a great idea.  Offer group discounts to these folks.

Yes, law is so weird and full of old stuff.
http://en.wikipedia.org/wiki/Cakewalk_(carnival_game)

Who's up for a Bitcoin Cake Walk?

Different reason though...
Why would I give up my hard to get shiny metal gold when merchants will take this stinky drug soaked fiat that has probably both been in a stripper's g-string?
Gresham's law.

OK, you are claiming unbelievably, essentially suggesting it is a lie.
Some simple advice:  Please kindly show your evidence behind this accusation or promptly cease repeating it or you will be seen as the liar in the end.
Certainly you have some.  Risto is quite prolific and posts proudly about most everything he does which should make your search easy.  Surely you will find something?

You may say that consumers have no insentive (sic) to use bitcoin.
Consumers may disagree.



We can debate theories as to why this is true, and what incentives consumers may have, but it is never the less true that they are increasingly using bitcoin transactionally.

Economists tend to work for governments, state universities, or depend on grants from government.  There are few governments that have figured out how great bitcoin and its openness are for their interests, so we should expect them to be behind the curve.  
They will catch up, once they can observe and make theories after the fact.  Give them a few years, the game is changing out from under them.

Obviously no one is worried about economic collapses, bank failures and such.  Certainly not someone who has worked for the government most of his life, handled foreign relations, counter-terrorism intelligence, best selling author, and consults for and with the 5 eyes regularly.

Or can we?
https://www.youtube.com/watch?v=tQBia1Mw9Vw

Huh, I guess we can.  Maybe you'd better go let him know how crazy he is.

And yet, consumers do transact.
https://blockchain.info/charts/n-transactions?timespan=all&daysAverageString=7

Seems there is a difference between theory and practice.
The block chain never lies.

This would not be a time warp attack.

A time warper would run hashing power constantly.  The blocks would not be advertised to the network until later when they have a chance at chain contention.  Basically saving up proof of work to affect difficulty algo or to affect longest chain resolution.

Additional benefits can be gained if you force chain resolution on everyone but your own chain, and confuse other miners to mine your chain, DD0S those that don't, etc.

Its generally very unprofitable with current algorithms and safeguards, and any miner would do better mining the coin. 

Or simply a useful foil.  I think BCX doesn't get tricked and does things for BCX's own reasons.

Try NEFT



Drinking this to help get in the spirit of our noble adversary.