Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Trance on January 23, 2014, 11:01:19 PM



Title: Bitcoins Fatal Flaw Nearly Exposed! (Theoretical)!
Post by: Trance on January 23, 2014, 11:01:19 PM
I would like to see what everyone has to say about this theoretical problem

If owners of the largest pools correlated an attack together?*


Enjoy!


http://i42.tinypic.com/28041u.png


http://motherboard.vice.com/blog/bitcoins-fatal-flaw-was-nearly-exposed


Title: Re: Bitcoins Fatal Flaw Nearly Exposed! (Theoretical)!
Post by: HairyMaclairy on January 23, 2014, 11:13:55 PM
That's just a 51% attack.  Which would be immediately detected.


Title: Re: Bitcoins Fatal Flaw Nearly Exposed! (Theoretical)!
Post by: LiteCoinGuy on January 23, 2014, 11:20:38 PM
ah, another 51% discussion  :D


Title: Re: Bitcoins Fatal Flaw Nearly Exposed! (Theoretical)!
Post by: mtnminer on January 23, 2014, 11:56:52 PM
I am part of the second largest pool and I will tell you none of the miners want to cut our own throats and kill the goose that lays the golden eggs!

I am so sick of the what if 51% posts!  We mine bitcoin for the following reasons

 a) because we believe in bitcoin  
 b) we are very heavily invested into bitcoin
 c) some of us make money mining bitcoins.  

What part do you not understand about why these pools and the miners that make up the pools are not going to even consider tring something this stupid!

Mtnminer


Title: Re: Bitcoins Fatal Flaw Nearly Exposed! (Theoretical)!
Post by: BurtW on January 23, 2014, 11:58:57 PM
Crap, not another 51% stupididy thread - when 1,000 threads on the same damn subject is not enough.


Title: Re: Bitcoins Fatal Flaw Nearly Exposed! (Theoretical)!
Post by: BitCoinsLOL on January 24, 2014, 12:13:55 AM
I am part of the second largest pool and I will tell you none of the miners want to cut our own throats and kill the goose that lays the golden eggs!

 That settles that common sense is all you need to know.


Title: Re: Bitcoins Fatal Flaw Nearly Exposed! (Theoretical)!
Post by: bitpop on January 24, 2014, 07:47:05 AM
Lol wtf


Title: Re: Bitcoins Fatal Flaw Nearly Exposed! (Theoretical)!
Post by: Trance on January 24, 2014, 07:48:43 AM
Crap, not another 51% stupididy thread - when 1,000 threads on the same damn subject is not enough.


<3



Title: Re: Bitcoins Fatal Flaw Nearly Exposed! (Theoretical)!
Post by: lnternet on January 24, 2014, 08:10:01 AM
SELL all your coins! QUICK!!!


Title: Re: Bitcoins Fatal Flaw Nearly Exposed! (Theoretical)!
Post by: bitpop on January 24, 2014, 08:15:30 AM
I'll buy your coins to help you


Title: Re: Bitcoins Fatal Flaw Nearly Exposed! (Theoretical)!
Post by: Chancellor on January 24, 2014, 08:15:47 AM
Crap, not another 51% stupididy thread - when 1,000 threads on the same damn subject is not enough.
+1