That was part of the point...
Re:New Kid on the Blockchain
by mootothemax on Monday March 28, 2016 @06:45AM
(#11373541)
>That was part of the point...
Not really; my point was that some things never die, however functionally useless they become.
The top comment said that Eth will become functionally useless, and the bet offered didn't involve it becoming functionally useless.
Yes, I have to admit it's vague. Price below $1 or not traded at all, would be a better condition. Maybe add some trade volume requirements as well.
Re:New Kid on the Blockchain
by pavel_lishin on Monday March 28, 2016 @09:29AM
(#11374108)
Debating the exact rules of this bet is already not worth a dollar of anyone's time.
Re:New Kid on the Blockchain
by mootothemax on Monday March 28, 2016 @06:48AM
(#11373551)
>Price below $1 or not traded at all
All it'd take is two bored people to stop this from happening, merrily trading just for their own delight.
As with bitcoin, I'd be really surprised if any of these coins stopped being used entirely, thanks to tech enthusiasts keeping them alive.
Generally, there has to be some condition on which to judge the success of a project.
Re:New Kid on the Blockchain
by mootothemax on Monday March 28, 2016 @07:46AM
(#11373690)
>Generally, there has to be some condition on which to judge the success of a project.
So why not try offering a bet on the success of a project, rather than going through the horror of trying to prove a negative?
You're offering a nonsensical bet.
We live a world where people often delight in keeping obscure things alive. Even http://nyan-coin.org still has a following!
As an illustration of what I mean, I'll be incredibly surprised if bitcoin ever truly dies, and the price ever truly tanks. I'd expect coins to remain above $100, as a few people will flat-out refuse to sell for less, and minimal trading will still take place. Anything in the "real" world though? naaaaah.