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Topic: [2014-07-13] CD: Banning, Dumping and Attacks on Mining: Could Bitcoin be Hijack (Read 1034 times)

sr. member
Activity: 417
Merit: 250
Banning, Dumping and Attacks on Mining: Could Bitcoin be Hijacked?

http://www.coindesk.com/banning-dumping-attacks-mining-bitcoin-hijacked/

So are they going to ban it like they banned bit torrent? How cute of them.
sr. member
Activity: 406
Merit: 250
These risks are not unique to bit coin. Any currency or commodity can go up or down in value at any time. Any financial institution can be hacked. Bit coin is more robust in many ways and as a free market it tends to regulate itself. You can't sell a bunch and you can't buy a bunch without the price moving. This is the way markets should work.
member
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Quote
“Bitcoin is just a machine. It can be bought. Or attacked. Or broken.”
I always thought that Bitcoin is more technology than a machine
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
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