$1500+ bounty for litecoin 51% attack - page 7.

smoothie

legendary

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LEALANA Bitcoin Grim Reaper

Quote from: bitcool on March 15, 2013, 06:45:47 PM

Quote from: knowledgeable on March 15, 2013, 03:27:05 PM

My time is valuable, and I lose it every time I have to explain to a friend why they should not invest in litecoin. They are buying it because they don't know any better and hoping it will go up because bitcoin did, because it is currently "going up", and because its price per unit is lower.

Has it ever come to your mind that you were actually wasting your friend's time, and money?

I love how this guy was giving investment advice about NOT buying litecoins. Yet he misled whomever he was talking to away from 10x their initial investment in 2 weeks.

Most people who talk down Litecoin fail to realize that Bitcoin was once at this same stage. They are speaking based on ignorance and the "herd" mentality.

bitcool

legendary

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Live and enjoy experiments

Quote from: knowledgeable on March 15, 2013, 03:27:05 PM

My time is valuable, and I lose it every time I have to explain to a friend why they should not invest in litecoin. They are buying it because they don't know any better and hoping it will go up because bitcoin did, because it is currently "going up", and because its price per unit is lower.

Has it ever come to your mind that you were actually wasting your friend's time, and money?

xorxor

sr. member

Activity: 476

Merit: 253

Quote from: knowledgeable on March 15, 2013, 06:13:54 PM

Quote from: DeathAndTaxes on March 15, 2013, 03:50:59 PM

To 51% the litecoin network would cost about $1,000 per hour, or $4,000 to meet the requirements of your bounty. One would have to be bad at math to accept that "deal". Make it $20,000 and you might find some takers.

D&T, how are you arriving at this estimate? Is this based on lost mining pool revenue, or botnet rental, or what?

$4,000 seems like an achievable figure.

go to:

http://dustcoin.com/mining

enter 3 000 000 khash in lower left box
choose "per hour" in lower right box

you will see a 1000$ under litecoin

this is not so easy, moraly unclear, high risk of ending illegal/terrorist problems, so 4000$ is not enough

smoothie

legendary

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LEALANA Bitcoin Grim Reaper

Quote from: knowledgeable on March 15, 2013, 06:13:54 PM

Quote from: DeathAndTaxes on March 15, 2013, 03:50:59 PM

To 51% the litecoin network would cost about $1,000 per hour, or $4,000 to meet the requirements of your bounty. One would have to be bad at math to accept that "deal". Make it $20,000 and you might find some takers.

D&T, how are you arriving at this estimate? Is this based on lost mining pool revenue, or botnet rental, or what?

$4,000 seems like an achievable figure.

He over estimated, to entice. If you truly wanted at 51% attack you would pay that much.

But obviously we all here can see right through you. You didnt do the calculation beforehand and are now trying to backpedal to say that you are just putting in $500 when initially you made it seem as if that would be payment enough. lol

Fail troll is Tail Froll. <----- lol

knowledgeable

newbie

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Quote from: DeathAndTaxes on March 15, 2013, 03:50:59 PM

To 51% the litecoin network would cost about $1,000 per hour, or $4,000 to meet the requirements of your bounty. One would have to be bad at math to accept that "deal". Make it $20,000 and you might find some takers.

D&T, how are you arriving at this estimate? Is this based on lost mining pool revenue, or botnet rental, or what?

$4,000 seems like an achievable figure.

Palmdetroit

legendary

Activity: 910

Merit: 1000

PHS 50% PoS - Stop mining start minting

Lets see $500 dollars once or $13,000 a day.. hmmm Huh

xorxor

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funkenschuster

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smoothie

legendary

Activity: 2492

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LEALANA Bitcoin Grim Reaper

Quote from: knowledgeable on March 15, 2013, 03:53:42 PM

Obviously $500 is not enough by itself. That is my initial contribution.

Obviously you are now backpedaling.

lol.

matauc12

hero member

Activity: 658

Merit: 500

Also, that would have been fun to do when bitcoin got first adopted too. What would it have proven to your beloved bitcoin? At least if you wanna prove something, prove something that can't be done in what you defend.

Mr. Precious Time.

matauc12

hero member

Activity: 658

Merit: 500

Quote from: mr_random on March 15, 2013, 03:51:39 PM

Even if this was possible, wouldn't placing a bounty on this potentially be deemed as criminal behaviour?

This is like hotmail saying their encryption is uncrackable and then you offer someone $500 to hack into their network and damage it to prove it's 'faulty'

Bitcoin isn't on the legal map.

knowledgeable

newbie

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Obviously $500 is not enough by itself. That is my initial contribution.

matauc12

hero member

Activity: 658

Merit: 500

The fact you offered 500$ to someone who could make millions speaks a lot about your level of stupidity and how butthurt you are litecoin is +1000% in the last 2 weeks while bit coin stayed the same. (I love bitcoin, I am a litecoin user. Not everything has to be black and white, right or wrong)

mr_random

legendary

Activity: 1344

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Even if this was possible, wouldn't placing a bounty on this potentially be deemed as criminal behaviour?

This is like hotmail saying their encryption is uncrackable and then you offer someone $500 to hack into their network and damage it to prove it's 'faulty'

DeathAndTaxes

donator

Activity: 1218

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Gerald Davis

To 51% the litecoin network would cost about $1,000 per hour, or $4,000 to meet the requirements of your bounty. One would have to be bad at math to accept that "deal". Make it $20,000 and you might find some takers.

smoothie

legendary

Activity: 2492

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LEALANA Bitcoin Grim Reaper

OP is a moron lol. Good laugh though. $500 bounty to NOT make $1000's of dollars per day mining bitcoin or litecoin. Cheesy

Change your username to UNKNOWLEDGEABLE.

Bitobsessed

sr. member

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Send it to the address below, after 6 confirms, you will see havoc.

peepee

full member

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LOL. Your name is irony at its best.

fuggin weetodd.

tacotime

legendary

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You do realize someone mining with 3 ghs of hardware makes thousands of dollars per day mining litecoin, right?

BlackBison

sr. member

Activity: 250

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Ltc network is currently the equivalent of 3TH and growing fast so good luck with that...

Topic: $1500+ bounty for litecoin 51% attack - page 7. (Read 14231 times)