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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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bittenbob
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January 20, 2012, 03:25:23 AM |
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Clearly they do not understand what bitcoin is. They must have thought it was a stock or something and that the price dropping meant the business was failing. It's kind of funny really.
Just because it went from $9 to $30 and came down afterwards this is a failure? How about the fact we are almost back at the value 8 days before the peak again which is impressive. Not to mention the fact it is up a significant percentage year over year right now. I like how they also did not show any of the parabolic recovery we have had for the last several weeks on their chart.
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Littleshop
Legendary
 Offline
Activity: 1386
Merit: 1003
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January 20, 2012, 03:27:14 AM |
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Also FAIL: Their website.
Noscript would have to allow 17 different addresses for the whole page to load.
While on the page I got the first clickjacking attempt I have seen in months as reported by noscript.
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julz
Legendary
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Activity: 1092
Merit: 1001
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January 20, 2012, 03:36:27 AM |
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@electricwings BM-GtyD5exuDJ2kvEbr41XchkC8x9hPxdFd
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PatrickHarnett
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January 20, 2012, 03:54:00 AM |
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They list one of the businesses as a success in 2010 and a failure in 2011 - random  |
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RaggedMonk
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January 20, 2012, 04:03:36 AM |
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Ugh, so ugly I couldn't even get to the Bitcoin part. This is NOT a threat, whatsoever.
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impulse (OP)
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January 20, 2012, 04:04:25 AM |
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I blame them anyway! |
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Serge
Legendary
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Activity: 1050
Merit: 1000
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January 20, 2012, 04:49:31 AM |
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well at least they've mentioned in the slideshow that Bitcoin is recovering in 2012 =)
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evoorhees
Legendary
Offline
Activity: 1008
Merit: 1021
Democracy is the original 51% attack
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January 20, 2012, 05:28:44 AM |
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LOL... not only did bitcoin NOT fail in 2011, it was a better investment than anything else on the planet - up over 1,400% for the year.
Hopefully we'll fail again this year!
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Rassah
Legendary
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Activity: 1680
Merit: 1035
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January 20, 2012, 05:42:05 AM |
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Calling Bitcoin a business = FAIL
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notme
Legendary
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Activity: 1904
Merit: 1002
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January 20, 2012, 06:01:18 AM |
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Even most of their other cases are full of BS.
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Gabi
Legendary
Offline
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
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January 20, 2012, 11:17:57 AM |
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So much fail
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Fizzgig
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January 20, 2012, 02:59:41 PM |
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They didn't say bitcoin failed, they just said bitcoin got shot in the pancreas, it happens.
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Best Bitcoin supported browser game: Minethings: Dig, Trade, and Fight your way to influence! |
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