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Author Topic: Why so much hype around mastercoin?  (Read 7079 times)
marcelus
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November 15, 2013, 01:39:13 AM
 #81


 If the latter, how can mastercoins have much intrinsic value?

Bitcoins and any virtual coins are infinitely divisible. It doesn't stop them being worth $400 a pop.
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin-Qt, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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bluemeanie1
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November 15, 2013, 01:39:53 AM
 #82

grounded in economic reasoning

turn back now, bro.

Just who IS bluemeanie?    On NXTautoDAC and a Million Stolen NXT

feel like your voice isn't being heard? PM me.   |   stole 1M NXT?
mvidetto
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November 16, 2013, 01:52:24 AM
 #83

It looks to me like people are hyping up this coin without understanding what it is or does.  I've read a bunch of posts about it and all I get is ooo its built on top of bitcoin la dee da.  Well here's the thing there's a lot of shit that's built on top of TCP/IP that totally sucks and no one uses now.  People trying to get rich by holding mastercoins... what a surprise...
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