Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Coinchilli on February 22, 2014, 08:56:50 AM



Title: Why Piggybacking on Bitcoin may be a double-edged sword...
Post by: Coinchilli on February 22, 2014, 08:56:50 AM
In recent days, the majority of Cryptocurrencies have taken a bit of a dip in value. Bitcoin, arguably the father of Cryptocurrencies, has seen a dip of more than 5%. This dip has been largely attributed to Denial-of-service attacks, most likely executed by malicious fear-mongers, deliberately trying to scare the more inexperienced Crypto-investors into selling at a low price to the attackers themselves, whom can then sell them on when the value rises again. Unfortunately for them, the Crypto market has shown stronger resilience than they had perhaps anticipated...

Read more: (http://www.coinchilli.com/piggybacking-on-bitcoin-a-double-edged-sword/)


J.C Axe


Title: Re: Why Piggybacking on Bitcoin may be a double-edged sword...
Post by: ghur on February 22, 2014, 06:16:56 PM
Shibes refuse to give in to mass panic :D


Title: Re: Why Piggybacking on Bitcoin may be a double-edged sword...
Post by: Warren on February 22, 2014, 06:40:49 PM
In recent days, the majority of Cryptocurrencies have taken a bit of a dip in value. Bitcoin, arguably the father of Cryptocurrencies, has seen a dip of more than 5%. This dip has been largely attributed to Denial-of-service attacks, most likely executed by malicious fear-mongers, deliberately trying to scare the more inexperienced Crypto-investors into selling at a low price to the attackers themselves, whom can then sell them on when the value rises again. Unfortunately for them, the Crypto market has shown stronger resilience than they had perhaps anticipated...

Read more: (http://www.coinchilli.com/piggybacking-on-bitcoin-a-double-edged-sword/)

J.C Axe

Maybe it's the IMF trying to get in a bit cheaper... https://bitcointalk.org/index.php?topic=478011.0
 :)