Are there any solutions which prevent a 51% attack from working?
I searched for it and only found old threads where nobody was able to say there is a technical reason why it would be prevented. I am hoping that in the years that passed since those threads were made that the problem was solved...
I think common sense is the biggest protection against a 51% attack. Someone must extremely eccentric to invest that much into bitcoin for a 51% attack and then kill it instead of gaining massive profits  |
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How can we spin this into being a good thing?
By making a giant circlejerk saying from one to the other that this is a good thing! It kind of works so far |
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Dumping when? Once bitcoin reaches 40000$ or when their etf becomes live?
In any case i have some second thoughts about the timing of this ama.
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I think we can use some optimistic threads like this one now that price drops like a rock... (And to think that this is a week's old thread... Damn that volatility)
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I thought it stopped soon but I was mistaken. This is the first thing I know that will surely happen after I die and I can't see it :/
So you thought that bitcoin was a bubble? Because mining will not stop in any other case... |
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So that's what you come to see when you go to a bitcoin conference... No wonder why the price is going back to 0... J/k i 'm just upset about todays news  |
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Well i can use any news that look remotely good right now because things look way to bad  |
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The only good thing about the crash is that it will take a while before we hear about any alt coins again |
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Not actually bad article - but as always funny to see the US-centric point of view. Does the author seriously think only the us uses btc?
Are you talking about his reference to the M2 money supply? Indeed, his whole "valuation" theory is based in US-Numbers Most Americans, even Wall Street Journal staff, do not know much about Geography. I honestly doubt he even knows that other countries even exist. He odds are thinks Canada and England are states.... I 'm not sure if they know that other countries exist but some don't know that other currencies exist and i 'm pretty sure about that now... |
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I think the main question now is if China can kill bitcoin ...  |
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I can't think of something more ridiculous than idiots calling weak hands all those that believed in bitcoin and bought at 1200$...
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I'd say let's not panic. Look how well it did when it built a base down near $200. It's ok for it to sit around here,
It's easy to say not to panic when you haven't bought at 1000 - 1200. Put yourself in the position of those that did. Also the meteoric rise wasn't about a solid base at 200$ or something. It was about surep good news coming especially from China. And China is what brings the coin down as well. |
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1) Bitcoin isn't dying and more it's alive and kicking.
2) It seems its stabilizing around 900.
How many predictions fail when bears are those who predict
It will take a little more than 2 days to say that the price is stable around 900 I didn't say it's stable. And the last moves up and down surely point more to 900 than 500 or .. lets laugh 200. I hope that you are still laughing 3 days later. Because noone else here does  PS. This is not an i told you so post |
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I heard that China isn't letting people put money on the exchanges any more
So time is prime for a series of Asia coins
How is that going to help the situation? |
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There is a risk of bankruptcy whatwith lower volumes and all that $ still tied up in the coinlab lawsuit and with the FBI
If you mean in the case of an exchange run then i 'm not sure if any exchange out there will survive such an event |
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Not only you are not ignoring people that annoy you but you feed them as well I can either ignore them or reply to every single of their stupid posts to make them appear for what they are to the eyes of a newbie. That is why i would love this function. Highlighting possible scams has a value for newbies but a crusade against stupid posts in the name of newbies is something that i haven't heard before |
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I don't know about countries (maybe there are some indeed) where more than one currency was declared as legal tender nowadays. If we proceed from your assumption that some state would establish bitcoin as legal tender, we might as well expect establishing bitcoin instead of its today's legal tender (fiat currency), right? If you assume that some government would set bitcoin as second legal tender on par with fiat currency, then Gresham's law would inevitably kick in, so why would they?
Or, are you misusing the term legal tender too?
How about gold coins etc. Aren't those a legal tender in many countries alongside with the nation currency? |
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Talking about various anti-Virus software, are there any who accept Bitcoins for subscription? If there are none, then we should ask Kasper to consider creating a Bitcoin payment platform for the purchase of its AV. Kasper is based in Russia, and it is relatively easy for it to accept BTCs, as compared to Norton and McAfee.
No matter how i like businesses accepting bitcoins i will not choose my antivirus based on that. |
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Unless BTC overtakes usd there is no way its going to get close. How many transactions per second are happening right now?
What transactions per second has to do with btc overaking usd? And what btc overtaking usd means anyway? Btw visa can peak at around 10k tps if i 'm not mistaken. |
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Wow, this is due to China government? What the heck, what do you guys think the long term perspective? without government support, Bitcoin will be dead...
Comments?
Worst case scenario is that it will return to pre china hype levels. Although the hit will be huge because something that went for 1200$ to 200$ is not going to become appealing to investors any time soon. |
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