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Hi Gordon,<br>
<br>
<br>
On Thu, Feb 20, 2014 at 9:55 PM, Gordon <span dir="ltr"><<a
href="mailto:gts_2000@yahoo.com" target="_blank">gts_2000@yahoo.com</a>></span>
wrote:<br>
<blockquote class="gmail_quote" style="margin:0 0 0
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<span
style="font-family:Arial;font-size:12.800000190734863px">Brent
Allsop <<a href="mailto:brent.allsop@canonizer.com"
target="_blank">brent.allsop@canonizer.com</a>>
wrote:</span></div>
<div><span
style="font-family:Arial;font-size:12.800000190734863px"><br>
</span></div>
<div><span
style="font-family:Arial;font-size:12.800000190734863px">>In
Jan, I abandoned the, till that time unanimous consensus
$10,000/BTC in 2014 camp, for the Bitcoin will never
achieve a $10,000 valuation camp... And I've been
selling vigorously since then.</span></div>
<div><span
style="font-family:Arial;font-size:12.800000190734863px"><br>
</span></div>
<div><span
style="font-family:Arial;font-size:12.800000190734863px">Really?
You were the guy who thought the price of bitcoin must
grow exponentially forever as a result of some
mysterious "Moore's Law of Bitcoin," and now you're
selling vigorously? </span></div>
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style="font-family:Arial;font-size:12.800000190734863px"> </span></div>
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</blockquote>
<div><span
style="font-family:Arial;font-size:12.800000190734863px"><br>
</span></div>
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<span style="font-family:Arial;font-size:12.800000190734863px">No,
It's specifically titled "Law of the Crypto Coin" not "Law of
the Bitcoin". It applies to the market cap of all crypto
currencies. I've always said that a superior to Bitcoin coin
is the biggest risk to Bitcoin. But, I must admit that I am
very much more in your camp, seeing more risks than just
superior coins as possibilities. I figure I should have been
much more open to your good advice back then.<br>
<br>
</span></div>
<div><span
style="font-family:Arial;font-size:12.800000190734863px">The
idea behind "BitShares" is that coins can be like stocks in a
public organization, with real money making and distribution
potential backing them up, like real stocks of a company with
PE ratios. Yet without the need of the middle men stock
exchanges and brokerage houses. Obviously a coin that can be
spent like Bitcoin and is paying real dividends from real
profits of a company, like a share of a company, is a better
investment than something that is only a coin like Bitcoin.<br>
<br>
</span></div>
<div><span
style="font-family:Arial;font-size:12.800000190734863px">I see
a day in the near future where all public companies move their
shares off of the major stock exchanges and go
"cryptographically public". When people go shopping, they
will indicate what asset they will want to pay with, and the
sellers will indicate what asset they want to receive, and a
frictionless decentralized network, like the ripple network,
will easily and automatically find the most price efficient
way to move between the two - the buyer and seller not needing
to be aware of the automatic near free stuff that is going on
underneath. And the seller and payer's software will be
integrated into their accounting system so whatever taxes are
mandated will be automatically tallied. You will no longer
need to pay a brokerage house to keep track of all this for
you, and taking an expensive piece of every buy and sell.<br>
<br>
</span></div>
<div><span
style="font-family:Arial;font-size:12.800000190734863px">What
possible futures do you see?<br>
<br>
Brent<br>
</span></div>
<br>
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