yea, that... that totally sounds reasonable, banning end to end encryption. uh huh. i'll get right on supporting that for my country!
or... perhaps not.
Topic: Bitcoin hacked? Cryptography broken? Banned US and EU? or everybody just crazy? (Read 3414 times)
January 27, 2015, 04:31:13 PM
January 15, 2015, 05:59:17 PM
China thinks David cameron and NY are going to ban Bitcoin shortly.
There's some noise about UK banning all crypto, ALL crypto, not just coins. "It's only for terrists" etc.
I don't think it's cryptocurrencies specifically just encryption, which is going to be difficult because of course all sorts of technology falls under that category, as I've said before I think it's David Cameron tryig to appeal to his social conservative base, unfortunately I'm probably going to have to take a closer look at what the politicians are planning on this.
Cameron wants to ban end-to-end encryption so that his spy-agencies can (continue to) snoop on everyone. This affects messaging apps, email etc.
Bitcoin is not affected, though they will want to de-anonymize all transactions eventually.
Good luck with that, Cameron Clown, especially when you are voted out in 4 months time.
January 15, 2015, 05:51:17 PM
China thinks David cameron and NY are going to ban Bitcoin shortly.
There's some noise about UK banning all crypto, ALL crypto, not just coins. "It's only for terrists" etc.
I don't think it's cryptocurrencies specifically just encryption, which is going to be difficult because of course all sorts of technology falls under that category, as I've said before I think it's David Cameron tryig to appeal to his social conservative base, unfortunately I'm probably going to have to take a closer look at what the politicians are planning on this.
January 15, 2015, 04:57:18 PM
crashes happen in markets from time to time. it happens at the nyse, ftse, tokyo, hongkong.. etc.. what makes crypto markets different?
So essentially you're saying: just like other markets, the only rationale here is the lack of rationale amongst people. Hence the occasional crash with no legit reason in particular. January 15, 2015, 02:53:27 PM
My bet: nobody has any rationale for this hysterical selling and dumping. Or did I miss something?
You miss that Bitcoin mining is based on wrong assumptions. What until hashrate drops 2-fold if the flaw is not obvious to you.
Can you please explain this to me as if I were a 7 year old?
Translation: CFB wants you to buy NXT as it's a PoS coin.
January 15, 2015, 02:13:20 PM
China thinks David cameron and NY are going to ban Bitcoin shortly.
There's some noise about UK banning all crypto, ALL crypto, not just coins. "It's only for terrists" etc.
January 15, 2015, 02:11:09 PM
Just shut that bad noize about Bitcoin. Too big companies and investors entered the game during 2013 year.
January 15, 2015, 04:41:11 AM
Yep, it's all mass hysteria, no one really has any proof for the bullshit they're peddling, I suspect some of them are just trying to take advantage of the Bitstamp hacking, the others just don't know any better.
January 15, 2015, 03:44:11 AM
My bet: nobody has any rationale for this hysterical selling and dumping. Or did I miss something?
China thinks David cameron and NY are going to ban Bitcoin shortly.
January 15, 2015, 03:36:28 AM
My bet: nobody has any rationale for this hysterical selling and dumping. Or did I miss something?
The rational is the high inflation - the crash is fully expected and 100% rational.
The people calling this back in November/December have been called names and labeled 'trolls'.
You've been on the forum for a month.
It's about perspective. We are still in the early stages on Bitcoin and inflation is necessary in the beginning. A decade from now (after a couple of halvings), people are going to wish they were around in 2015 (and earlier).
dont worry, he's just trolling.
January 15, 2015, 03:31:59 AM
Big hodlers getting out of the market and maybe a reverse willy bot acting somewhere.
Or maybe Bitstamp is doing it to avenge the hack, so the hacker will get less money in the end.
Or maybe Bitstamp is doing it to avenge the hack, so the hacker will get less money in the end.
or maybe bitstamp doing it to make it easier to pay back the stolen BTC.
. j/k
January 15, 2015, 03:30:16 AM
Quote
...but I do not get reason for double attack...
The reason is dollars. Nobody cares about the value of
January 15, 2015, 03:27:03 AM
My bet: nobody has any rationale for this hysterical selling and dumping. Or did I miss something?
You miss that Bitcoin mining is based on wrong assumptions. What until hashrate drops 2-fold if the flaw is not obvious to you.
There will be 50% of power
- not suitable for mining
- switched off
- at zero cost
- ready for doublespending attack
I understand that mechanism, but I do not get reason for double attack. What will be benefit, the trust in the system will destroy whole value.
January 15, 2015, 03:26:04 AM
My bet: nobody has any rationale for this hysterical selling and dumping. Or did I miss something?
crashes happen in markets from time to time. it happens at the nyse, ftse, tokyo, hongkong.. etc.. what makes crypto markets different?
January 15, 2015, 03:16:16 AM
Bitcoin is broken.
January 15, 2015, 02:48:01 AM
My bet: nobody has any rationale for this hysterical selling and dumping. Or did I miss something?
You miss that Bitcoin mining is based on wrong assumptions. What until hashrate drops 2-fold if the flaw is not obvious to you.
There will be 50% of power
- not suitable for mining
- switched off
- at zero cost
- ready for doublespending attack
January 15, 2015, 02:32:17 AM
This is interesting.
https://blockchain.info/charts/hash-rate?timespan=30days&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=
It is hashrate chart .
13.1.2015 there was 358.478.251 GH/s, 14.1 it fell to 229.513.534 GH/s and today it´s back at 345.363.222 GH/s.
I hope we do not face 51% attack from some major pool.
https://blockchain.info/charts/hash-rate?timespan=30days&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=
It is hashrate chart .
13.1.2015 there was 358.478.251 GH/s, 14.1 it fell to 229.513.534 GH/s and today it´s back at 345.363.222 GH/s.
I hope we do not face 51% attack from some major pool.
Do you even know how those network's "Hashrates" are derived from?
Because it seems you're just a clueless fcktard.
January 14, 2015, 08:02:26 PM
I hope we do not face 51% attack from some major pool.
These 'ultra secure' cryptos are only secure until the ones who protect the network (miners) stop dropping out in troves...
Oh wait.
January 14, 2015, 06:26:19 PM
This is interesting.
https://blockchain.info/charts/hash-rate?timespan=30days&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=
It is hashrate chart .
13.1.2015 there was 358.478.251 GH/s, 14.1 it fell to 229.513.534 GH/s and today it´s back at 345.363.222 GH/s.
I hope we do not face 51% attack from some major pool.
https://blockchain.info/charts/hash-rate?timespan=30days&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=
It is hashrate chart .
13.1.2015 there was 358.478.251 GH/s, 14.1 it fell to 229.513.534 GH/s and today it´s back at 345.363.222 GH/s.
I hope we do not face 51% attack from some major pool.
January 14, 2015, 05:56:37 PM
My bet: nobody has any rationale for this hysterical selling and dumping. Or did I miss something?
You miss that Bitcoin mining is based on wrong assumptions. What until hashrate drops 2-fold if the flaw is not obvious to you.
Can you please explain this to me as if I were a 7 year old?
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