realr0ach
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November 22, 2018, 09:19:07 PM

What I am saying is that it has always been an extremely risky investment and that shit happens. If someone thinks some investment can only go to "moon" with a zero probability of going to hell they are fooling themselves.

Shouldn't it have been kind of a red flag to you people that everything I said about digital currency having no fundamentals because transaction validators are designed to centralize was true when you had the 'cobra incident' of them trying to do some last ditch effort behind the scenes to change the PoW algo?  Not that that would have actually helped anything.  It would just remove ASICs from the scene for a few months then back to square one.  If you have someone manually changing algos and flipping levers on it all the time, then it would be the same thing as central bankers anyway.