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Author Topic: Summing up: Was there any 51% attack at all?  (Read 1290 times)
Spekulatius
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July 29, 2012, 08:11:28 PM
 #1

Was there any attack at all?

How much of the 51% hashing power was accomplished?

Was anyone affected?

How do we know?


Pls enlighten us and post if you know or have any idea how to estimate the extent of this (seeming) 51% attack.
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k9quaint
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July 29, 2012, 08:50:55 PM
 #2

Was there any attack at all?
No. Even if there was, Coblee checkpointed the blockchain as a precaution.

How much of the 51% hashing power was accomplished?
Probably none. BCX turns out to be mostly smoke and mirrors.

Was anyone affected?
Only speculators who dumped LTC at the first sign of trouble.

How do we know?
We don't.

Pls enlighten us and post if you know or have any idea how to estimate the extent of this (seeming) 51% attack.
The extent was forum posts. The LTC reaction was to a threat, not an actual attack.

Bitcoin is backed by the full faith and credit of YouTube comments.
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July 29, 2012, 11:09:20 PM
 #3

Yes there was a 51% fail by BCX.

Also a 51% backpeddling and 51% sidestepping.

Who am I kidding all previous mentioned 51% references were 100%. Cheesy

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VelvetLeaf
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July 30, 2012, 04:23:07 AM
 #4

Quote
Was there any attack at all?
No, but potential for attack is still there.

Quote
How much of the 51% hashing power was accomplished?
Up to 700 Amazon EC2 * 213 = 149 MH/s.
Unless people solo mine / join private pool and Unknown get to 30% (just like bitcoin pool chart), DDoS experiment will probably still continue as warning.

Quote
Was anyone affected?
People that don't really believe in Litecoin and dump all their Litecoin when BCX decide to attack it to save themselves.

Quote
How do we know?
More detail about attack and prevention :
https://bitcointalk.org/index.php?topic=96204.0

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tatsuchan
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July 30, 2012, 10:40:42 PM
 #5

Was there any attack at all?

How much of the 51% hashing power was accomplished?

Was anyone affected?

How do we know?


Pls enlighten us and post if you know or have any idea how to estimate the extent of this (seeming) 51% attack.

BCX attacked our hearts <3
mc_lovin
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July 31, 2012, 04:42:53 AM
 #6

thread title should say BBQcoin!  there was LTC 51% rumors at the same time.

Spekulatius
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August 01, 2012, 06:02:36 PM
 #7

Was there any attack at all?

How much of the 51% hashing power was accomplished?

Was anyone affected?

How do we know?


Pls enlighten us and post if you know or have any idea how to estimate the extent of this (seeming) 51% attack.

BCX attacked our hearts <3

Did she take your heart by storm?
MicroCashMike
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August 01, 2012, 07:15:30 PM
 #8

Was there any attack at all?

How much of the 51% hashing power was accomplished?

Was anyone affected?

How do we know?


Pls enlighten us and post if you know or have any idea how to estimate the extent of this (seeming) 51% attack.

BCX attacked our hearts <3

Did she take your heart by storm?


No there was no 51% attack at all, there was never one planned.

This was con played on you by BCEX, BTC-e and Coblee under the guise of protecting LTC. Anyone who thinks this wasn't a coordinated market manipulation is just in denial. The panic selling caused a drop to below .0037 down from a previous high of .006 in less than 24 hours. Who do you think was making those huge buys at that time?

51% protection is a feature of Microcash and the Devs do not collude with known thugs that attack alt currencies.

Mike



Coblee admitting he was part of the con early on.
https://bitcointalk.org/index.php?topic=96186.msg1060462#msg1060462

https://bitcointalk.org/index.php?topic=96186.msg1060442#msg1060442


But you did know about it from the beginning and it was my idea.

Yes, the PM you sent me is timestamped above. And theymos of any other moderator can confirm this.

tgsrge
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August 01, 2012, 07:19:16 PM
 #9

you, and your premined failed centralized cryptocurrency are in denial, not anyone else.
MicroCashMike
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August 01, 2012, 07:25:45 PM
 #10

you, and your premined failed centralized cryptocurrency are in denial, not anyone else.

So I take it you are in total denial about and ignoring the fact that main exchange, the creator Coblee were partnering with BCEX to manipulate the market?



Mike
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August 01, 2012, 07:37:59 PM
 #11

hey, atleast he didnt ask for 250btcs to finish developing it.

you tell me who is the true con artist here. Roll Eyes
MicroCashMike
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August 01, 2012, 07:47:20 PM
 #12

hey, atleast he didnt ask for 250btcs to finish developing it.

you tell me who is the true con artist here. Roll Eyes


First off let's clear up a thing or two;

1) My name is Michael Westin and I from in NYC originally, live in LA for the time being.
2) I have never posted to this board prior to registering yesterday
3) Long time lurker, just observed only
4) I mine LTC and I am pissed by the con pulled on everyone by BTC-e, Coblee with an assist by BCEX.
5) I think MC has some serious potential
6) I think LTC has some serious potential


Furthermore there is a huge difference between asking for help and stealing.

Mike
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