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RE: Incentive trees and what we can learn from Bitconnect

in #crypto8 years ago

Jamie Dimons statements are not based on facts and bitconnect is nothing like bitcoin has no economic principles security or utility

POW isn't asking for money its economic cost to secure network rewarded by minting

any market can be manipulated bitconnect controls the exchange that handles 90% of volume takes payment in an asset more valuable than what it pays which makes it much easier and cheaper to manipulate

size of bitcoin network and growth shows no chance of going of going to zero bitcoin has economic principles and utility bitconnect does not

no little thing can "crash" price now examples being everything bitcoin has survived isnt going anywhere

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