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Topic: Satoshi Nakamoto should make a new Bitcoin (Read 1377 times)

legendary
Activity: 2674
Merit: 3000
Terminated.
March 31, 2014, 07:00:23 AM
#8
Bitcoin was designed perfectly.
global moderator
Activity: 4018
Merit: 2728
Join the world-leading crypto sportsbook NOW!
Surely this is not what he envisioned bitcoin to be. A plaything of millionaires, speculative traders and transaction medium of scammers and cheats.
 Satoshi if you are reading this please make a coin that is not speculative. I am sick of bitcoins volatility

What do you think would happen to this new coin? It'd go though exactly the same process but probably even worse just like an alt coin.
hero member
Activity: 763
Merit: 500
SN designed it precisely they way it is now, with all those implications. Fixing the price artificially is considered a bad idea and would not create something new.
hero member
Activity: 742
Merit: 500
Volatility is an opportunity for you to double your bitcoins every now and then, take it!

I mean, always "Hodling" doesn't make any sense at all unless you really have no time to look at exchanges and you wanna be a more relaxed holder of bitcoin overall. in that case alright, but  as an ideology in itself, ALWAYS hodling is kinda... meh  Grin
sr. member
Activity: 364
Merit: 250
actually in the circles I heard he is. 
legendary
Activity: 952
Merit: 1000
Stagnation is Death
Early adopters will not be happy, cos they will become paupers again
newbie
Activity: 28
Merit: 0
lol  Cheesy its ok, price will go up again
newbie
Activity: 8
Merit: 0
Surely this is not what he envisioned bitcoin to be. A plaything of millionaires, speculative traders and transaction medium of scammers and cheats.
 Satoshi if you are reading this please make a coin that is not speculative. I am sick of bitcoins volatility
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