Correct, by a large pool. There is a good incentive to orphan competitors' blocks and gain more rewards for yourself. That's what is called selfish mining. I've seen this happen a few times and other people have seen it, and there are articles available on the issue, please google it.

Selfish mining has been going on for a long time, but it's sort of stealth, you have to watch blockchain to notice it.

The best coin that suits the definition of 'honest money' as implied by the original post is Myriadcoin. It can be mined just like any PoW coin, and it's not hijacked by ASICs and not vulnerable to 51% attacks.

But nobody give a damn about Myriadcoin, because nobody give a damn about honest money. The only 'honest' money people like to call that is the kind they have a big stash of. That's so hypocritical and at the same time something that can be understood because it's natural instincts to protect your vested interests.

So who are you trying to fool, OP?

Well, double-spending attacks and selfish mining in Bitcoin have happened multiple times, and they don't seem to be any kind of proof to you either I am sure you yourself will have a hard time thinking of what kind of proof you would be satisfied with.

I can't buy anything much with Bitcoin either except hosting and domains which I can buy with paypal faster and cheaper because there are more companies that accept paypal. Overstock and other two companies what are those - tigerdirect and newegg, don't ship international, so this is no argument.

This is what he said, but of course you only included the part that you liked
The whitepaper draft is available here:
https://nxtforum.org/nxt-whitepaper/completely-revamped-nxt-whitepaper-draft/
But since NXT is still under active development and will be for a while, the whitepaper will stay in draft mode for a while too. The source code itself is a whitepaper. No successful attack for 8 months is proof enough that no such thing as N@S exists, at least in the case of NXT. Other PoS coins may differ.

You're just parrotting others. Vitalik Buterin explains here what he means by 'nothing-at-stake' and gets answers why NXT is not subject to this, the answers that he's apparently satisfied with:
https://nxtforum.org/index.php?topic=3343.msg60114#msg60114

Other PoS coins may differ.

Check that your coin doesn't exist yet

Feeling scared PoS can dethrone PoW? Be very scared

I would say, +-10% yearly and even quarterly fluctuations is stable enough, doesn't have to be 1-3% to call it stable. Currencies on Forex can fluctuate 10% and people are ok with that even though they have immense support from Central banks to give them some pegging.

Besides, if real (not published in stats) yearly inflation of world fiat currencies is 5-10% on average, having 10% fluctuations in Bitcoin is as good as it gets. With that in mind, I would say, it's already reached that point where it can be called stable.

Now that artificial Mt.Gox liquidity is gone, the market has reached more fair valuations, and buyers seem to be in match with sellers recently. If Bitcoin price changes on average 1%/month against USD when calculated at the end of the year, that is stable and good enough for all practical purposes.

This graph you posted is very much in line with the conclusions made by the author in that wordpress link a few posts above, as it shows price after the bots did their job of breaking the downtrend and triggering the bubble in the months of July-October, the bubble then rolled on by itself as the author concludes. China helped too, for sure, but you should read that article if you haven't yet, it raises a lot of valid points.

Motorcycle is good. You will own those 500 bitcoins again, don't worry, the price doesn't look like it's going a lot higher and could go much lower over time, so just keep buying.

What about the Markus bot that didn't pay what's due when 'buying' bitcoins? The writing is on the wall.

@BombaUcigasa,

1) why not stake coins? Everyone can do that, either solo or in pools through Leased Forging (this is what it's called in NXT) feature. That way, everyone's coins bring profits proportional to their stake. If you have 1 000 coins, you get 5 coins per year, if you have 1 000 000, you get 5 000 per year, both work out to 0.5% yearly.

2) If you don't spend or use your coins, well, it's same as any form of money, then you don't get goods and services. Some people are savers, some people are spenders. It all works out to pareto principle in the end, the pareto principle works for money, be it crypto or any other form of money. The pareto principle says that in the end 80% of all money will end up in the hands of 20% of owners, doesn't matter which form of distribution takes place.

Is it just my computer? my browser freezes for 20-30 seconds on his twitter page.

The btc-e trollbox speculators look like dinosaurs now from ages ago. They discuss Litecoin and why it's falling ad nauseum without realizing that there is a whole new PoS world brewing two clicks away that btc-e didn't present to them

I am sure JL stands on the same ground, but it can't be faster than it is, especially if AT devs haven't integrated it into the core and haven't run it on the testnet yet in that capacity.

Is BitShares X the one that was snapshot on Feb 28, initially called Protoshares?
I am confused with all the terminology

NXT, but it's more than a coin.

It was just a marketing trick.

I predict $1000 by the end of 2014 and bouncing around that price for the year of 2015.
"Trees don't grow to the sky".