Solarcoin is about to switch over to PoS in about 2 days.

You are either bias, clueless, or in denial. I'm not sure which one, but I am done debating with you sense you lack logical reasoning skills. At least I am able to admit PoS has flaws, but to you PoW's shit doesn't stink and you are clueless as to how cryptocurrencies derive their value on the free market. You need to be more open minded to perceive reality accurately.

Maybe that was harsh, but I'm not one to beat around the bush. Ignore me if you must.. I was done talking to you anyways.

It's actually very easy to start a new PoW coin. All you need to do is fork Bitcoin by mining a new Genesis Block. You can change the protocol more significantly, but it isn't necessary. The altcoins are unsuccessful because they haven't changed the protocol in a significant way and people haven't invested enough energy into creating them.

If a PoW altcoin gets big enough because of technical superiority, Bitcoin will change its protocol. I just don't see any PoS protocol doing that.

The exact same applies for PoS coins. How do you not get this...........

Innovation is great, but on the other hand you also need stability and backwards compatibility if you want the platform to succeed in the long run. If every few years a new coin takes over the world in a manner that devalues the vested interests in the previous coin then people would pretty much consider cryptocurrencies as flash-in-the-pan bullshit, only good for short term speculation at most.

Of course, nobody really can control what happens. For me personally, the key feature that I am looking for is inflation-protected long term store of wealth. If the cryptocurrency scene becomes too dynamic such that it is unable to offer me this then I will pretty much leave, as would many others.

As for switching to PoS, that would definitely be destabilizing to Bitcoin and you will risk alienating some of the current userbase. It would certainly move the flow of wealth away from the hardware manufacturers and utility companies, but it may not have the desired effect on BTC price that the OP is hoping for.

i never said that a new coin would take over every couple of years.. most likely it will only be one that is so much more innovative than the rest that it out strips btc in a couple years and then eventually dominates the global financial system. this platform would be backwards compatible and a lot more so that bitcoin is. hell bitcoin doesnt need to be backwards compatible because its been pretty much set in stone the last 5 years. that is why i said only 2-3 platforms stand any chance at all of surpassing bitcoin.

and most likely you are correct that if a pos coin displaces bitcoin many people from the current userbase will be lost. but you must bare in mind that the current userbase is so tiny. if a new far more innovative coin does displace bitcoin it could very well pick up a whole new base of users that were not previously in crypto. perhaps it may not even be PoS but a newer even more innovative platform with a newer more innovative consensus algo, im not arguing that PoS will be the platform that does this as it most likely wont be. there are still flaws in PoS that need to be fixed and currently i only see one new (unlaunched) platform that is actually making major fixes. the bebo v facebook argument comes back here again.. bebo, for a while, dominated the userbase at the time in the social network arena, but then facebook came along. how many people that use facebook today ever used bebo? i didnt and now i use facebook. many many people swapped from bebo to facebook, bebo collapsed and with the rise of facebook, the second generation of social networks if you like, social networks hit the mainstream like no one could have foreseen. for sure many people that used bebo were alienated and bebo collapsed, but social networks grew far far stronger because of the "second generation" of social networks and now people dont give two shits about the one that pretty much kicked this all off.

bitcoin could very well be the bebo of crypto. it only has a user base of 1-2 million people as far as i know. 20k in the uk. far less where i live. PoS could very well be the myspace(bigger than bebo but far smaller than facebook) and there could very well be a new coin that is far more innovative and powerful than PoS that turns out to be the facebook of the crypto world.

cryptocurrencies are evolving at an astonishing rate.. way faster than any other technology. each major step in the evolution is ironing out the major flaws of the last. PoW's major flaws have mostly been fixed by PoS but in turn PoS has brought about a whole new generation of Flaws aswell as a new generation of tech. there is a new algo that i wont mention that seems like it is going to be the next major step in the evolution of cryptographic currencies that will fix the new flaws of PoS and any remaining flaws of PoW that were brought forward.

id like a question answered if you or anyone can.. name one technology with multiple generations where the 1st generation created is still the most widely used? i mean phones, tv's mp3's electronics or anyother face paced technology?  how many people still use basic phones that only call and txt which is what bitcoin would be if it was a mobile phone. and how many people use smart phones, which is what the 2.0 currencies would be if they were phones?

once you compare crypto technology to other innovative and disruptive technologies it is very simple to see where all this is going. you might also say well basic phones went main stream long before smart phones took over and you would be correct, but you must also take into account the speed of development of the telecoms v crypto technology. crypto is evolving and innovating way way faster than phones ever could have so the first generation of crypto may not even have long enough to gain wide spread main stream adoption before the 2.0 platform takes over. with only 1-2 million people estimated to be actually using bitcoin, bitcoin is a far cry from mainstream.

so i agree that if bitcoin is displaced many users will be lost, but while displacing the few who refuse to adapt to the ever changing crypto landscape we may very well gain a few orders of magnitudes more users in the process of displacing bitcoin and for a long time after displacing bitcoin. i have already watched this happening in real time. i have watched and been involved in a business that uses the new tech of a 2.0 platform at its core and guess what.. new users who never used bitcoin, started using the 2.0 platform as a result of the new tech brought about by the 2.0(happens to be PoS) platform. for every person that these 2.0 platforms displace while displacing bitcoin itself, many more users will join. just like bebo and facebook.

times are changing rapidly. for a long time many legendary/hero members were so far ahead of the curve that they could sit pretty and be proud of being ahead of the curve. but in their complacency in the current status quo and complacency in the innovative yet stagnating PoW technology many have fallen behind the rapidly advancing tech and the curve has quickly caught up to them with out them even noticing. new people with open minds are seeing this curve and jumping ahead of it long before many "early crypto people/PoW heads" realise they are even behind the curve. the reason for this delayed realization is most certainly due to complacency in their current situation(or denial/vested interests blinding them etc) the exact same way that investing juggernauts are complacent in old school investments and fail to see the advantages and potential of crypto.

ps. how many accounts bellow hero or senior are arguing the case that so many hero/legendary members are arguing? the only people i see fighting the anti-altcoin corner are those who have been in bitcoin a very long time and are therefore emotionally attached to their bitcoins, have vested interests, or are complacent in their current situation and therefore intentionally cover their eyes and ears anytime it is mentioned that, god forbid, another platform surpasses bitcoin that isnt PoW. people fighting that corner were once or maybe still are the majority. but this is also changing, prompting far far more prominent and public trusted people to openly attack PoS. the smarter of the bunch are seeing the curve move ahead of them but cannot openly support the change as it would go against their interests so instead they attack that that pushes the curve further forward in a futile attempt to prevent the progression of the curve.

everyone should step back, take a look around with open eyes and an open mind and then the truth might be seen. the curve is moving and its moving fast. burying of heads will not stop the rapid progressing that is leaving so many hero/legendary forlks behind with their heads in the ground

Did someone mention that PoW coins are backed by energy it took to create them?

Well, you guys should study history of money and definitions better.

'Backing currency with something' means you can convert the currency back to a pre-determined amount of the underlying asset, that's why it's called 'backing'. You can't convert Bitcoins or any other PoW currency to a pre-determined amount of energy any better than you can convert a PoS coin. The only value a coin has is utility value, which is what it can be used for. The more functions the coin has, the higher the utility value, and that's how the price is discovered on the market. The argument of 'PoW is backed by energy' doesn't hold water.