Red button

[BTCevo]

What does your red button mean anyway? It is not possible for you to press it because bitcoin doesnt have any button to press altough the price is collapse you can't even press it, altough the market of bitcoin become rare it doesnt mean you can shut it down directly by pushing your red button

[Kaneki]

when the red button you are looking for is the destruction of bitcoin then it will not be as easy as pressing tombol.tapi I think of the possibility to destroy the future Bitcoin by spreading the entire bitcoin owned by the inventor Mr. Satoshi.

[thejaytiesto]

What are you talking about? There is no single button someone can push to destroy the bitcoin network. The closest to it is a 51% attack, even then is it still possible to destroy the www with a button? No.

Actually 51% would not be enough. We've had situations of 51% before a couple times, nothing happened. You would need more than that for the attack to be feasible.

[50ouncebrew]

I have the button dont mess with me

[Meuh6879]

  this button ... ?

[Inotanewbie]

Hello,

I wonder what do you think about what that "red button" of the BTC network could be?

And what is its impact on the BTC network?

Because I like red buttons and I'm wondering when it's gonna be pushed !

"The red button"

I would say there a few things like no electricity nor internet, a 51% attack. But to be honest i do not think there is a single point of failure that will destroy/down the network. Saying that though who knows what the cia/nsa have planned if it ever gets bigger than they want.

It will be pushed when they want it to be not a second sooner 

[panck4beer]

If someone were to gain control of most of the nodes then a red button could definitely exist. Dont see that happening anytime soon though.

[Erza]

If someone were to gain control of most of the nodes then a red button could definitely exist. Dont see that happening anytime soon though.

But for now it is hard to control bitcoin since the value of bitcoin is still volatile and there is so many polemic in this bitcoin things. And for this polemic they must be make sure to stabilize the value of bitcoin if they really want to take full control of bitcoin. Thats what I tought

[Amph]

What are you talking about? There is no single button someone can push to destroy the bitcoin network. The closest to it is a 51% attack, even then is it still possible to destroy the www with a button? No.

Actually 51% would not be enough. We've had situations of 51% before a couple times, nothing happened. You would need more than that for the attack to be feasible.

not true, nothing happened because who gained the control, did not made anything to prevent harming itself too, right now those who have the possibility to use this "red button"(51% basically) are only the china big farm

[muhrohmat]

this its a bit suerfluose i mean theres no red button in the bitcoin chain for destroy the all chain and less from a single user or even from hackers the chain its 80% relable only some hackers and virus can pass by but maybe its been corrected and the site its even safe as the on line wallets its all safe people bitcoin can even rise its dollars price

[EternalWingsofGod]

Excessive regulation could be a red button. The lack or regulation could be a red button as well since scammers would take over.

That and the concern of people having no cancel button, it's built that way but for some people who somehow send coins to the wrong address they are in a ... situation.

[Kprawn]

You would have thought, with everyone having access to the source code of the Bitcoin protocol, this type of imaginary "Red button" conspiracy theories should not exist... but people want to believe, that these things can exist.

My "red button" theory, would be the private key to Satoshi's coins. {This will definitely cause a huge tsunami wave, if it was dumped}

If people panic sell about simple little things, like a site going down {Localbitcoins} for technical difficulties, imagine what will happen, when those coins are dumped. 

[defcon23]

the bad button on bitcoin is this : http://btc.blockr.io/tx/info/098b3a9faeb2c6e5dc42878b9d0a1106d4aafce72c85d0eab54c384652e0bdbc

noobs never learn thing ... before use "send" button ? 

hu hu hu Meuh6879    you made my day bro ,) excellent ! ( sans parler du post "red buttom "

[ChuckBuck]

Does the OP mean "Panic Button" instead of Red button?  







Yea, I don't think we're no where close to that level yet.