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Author Topic: Bitcoins Fatal Flaw Nearly Exposed! (Theoretical)!  (Read 1069 times)
Trance (OP)
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January 23, 2014, 11:01:19 PM
 #1

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

Some people are so poor ALL they have is money
HairyMaclairy
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Degenerate bull hatter & Bitcoin monotheist


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January 23, 2014, 11:13:55 PM
 #2

That's just a 51% attack.  Which would be immediately detected.
LiteCoinGuy
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In Satoshi I Trust


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January 23, 2014, 11:20:38 PM
 #3

ah, another 51% discussion  Cheesy

mtnminer
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January 23, 2014, 11:56:52 PM
 #4

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
BurtW
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January 23, 2014, 11:58:57 PM
 #5

Crap, not another 51% stupididy thread - when 1,000 threads on the same damn subject is not enough.

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
BitCoinsLOL
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January 24, 2014, 12:13:55 AM
 #6

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.

I never thought my life could be. Anything but catastrophe. But suddenly I begin to see. A "BIT" of good luck for me. Cause I've got a golden ticket!
bitpop
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January 24, 2014, 07:47:05 AM
 #7

Lol wtf

Trance (OP)
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January 24, 2014, 07:48:43 AM
 #8

Crap, not another 51% stupididy thread - when 1,000 threads on the same damn subject is not enough.


<3


Some people are so poor ALL they have is money
lnternet
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January 24, 2014, 08:10:01 AM
 #9

SELL all your coins! QUICK!!!

1ntemetqbXokPSSkuHH4iuAJRTQMP6uJ9
bitpop
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January 24, 2014, 08:15:30 AM
 #10

I'll buy your coins to help you

Chancellor
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January 24, 2014, 08:15:47 AM
 #11

Crap, not another 51% stupididy thread - when 1,000 threads on the same damn subject is not enough.
+1

BTC: 1GRx2H5esyFTucZCt1eX9tjpoqfMrbVHMT
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