Bitcoin is dead ! GHash over 51%, SR Seized coins and Mtgox coins, China Ban etc

bitcoinsrus

hero member

Activity: 518

Merit: 500

Quote from: transient858 on June 15, 2014, 07:00:43 PM

What is the latest status on 51%?

Did miner move elsewhere and they don't care?

https://blockchain.info/pools

Yea ghash is lower. But again, I believe many people here would agree with me, that this is not a big threat. Ghash would have to have malicious intent. 51% just increases the likely of getting the next block (not messing with previous blocks).

and if they did do malicious double spends, everyone would take notice (most likely mining elsewhere). Pools might join to combat etc. And I think ghash would not attempt this.

frienemy

full member

Activity: 235

Merit: 100

I was promised da moon

Quote from: transient858 on June 15, 2014, 07:00:43 PM

What is the latest status on 51%?

Did miner move elsewhere and they don't care?

It's down to 30% now

transient858

full member

Activity: 153

Merit: 100

What is the latest status on 51%?

Did miner move elsewhere and they don't care?

Carra23

legendary

Activity: 980

Merit: 1000

Need a campaign manager? PM me

Quote from: omehenk on June 13, 2014, 03:00:27 AM

falllling >> Newbie Date Registered: >>> May 27, 2014, 08:47:48 AM Activity: 28 << wow that must be USEFULL info.

H

Its not even a focus fire, just randomly listed everything Grin

ShakyhandsBTCer

sr. member

Activity: 448

Merit: 250

It's Money 2.0| It’s gold for nerds | It's Bitcoin

Quote from: bitcoinsrus on June 14, 2014, 05:53:23 PM

Quote from: ShakyhandsBTCer on June 14, 2014, 05:51:53 PM

Quote from: fr33d0miz3r on June 13, 2014, 10:38:05 PM

See you at $0.1

You have a time machine that travels backwards in time?

take me back to feb 11 2009 please

Sure just send me 10k BTC for your ticket (I can't really take you back in time)

bitcoinsrus

hero member

Activity: 518

Merit: 500

Quote from: ShakyhandsBTCer on June 14, 2014, 05:51:53 PM

Quote from: fr33d0miz3r on June 13, 2014, 10:38:05 PM

See you at $0.1

You have a time machine that travels backwards in time?

take me back to feb 11 2009 please

ShakyhandsBTCer

sr. member

Activity: 448

Merit: 250

It's Money 2.0| It’s gold for nerds | It's Bitcoin

Quote from: fr33d0miz3r on June 13, 2014, 10:38:05 PM

See you at $0.1

You have a time machine that travels backwards in time?

Benjig

sr. member

Activity: 462

Merit: 250

Quote from: bitcoinsrus on June 14, 2014, 10:14:52 AM

Quote from: zimmah on June 14, 2014, 10:06:04 AM

Ghash was close to 51% before and it might happen again later as long as no other pool will offer the same services as GHASH

China has been dead for a long time already

the SR and MtGox coins have already been calculated in the price.

Bitcoin will not die from these things. In fact it adds strength to bitcoin because bitcoin survives all this crap and the price only drops for a short while and will skyrocket again soon.

PETAMINE (1150 TH/s) is considering joining P2POOL
http://www.reddit.com/r/Bitcoin/comments/282j4m/petamine_1150_ths_is_considering_joining_p2pool/

This will be such a good news, i dotn know why miners or miner companies keep wannting to be at gigahash, like if they would receive a reward being there.

mmortal03

legendary

Activity: 1762

Merit: 1010

Does anyone have data on double spends that go back further than this?: https://blockchain.info/double-spends

bitcoinsrus

hero member

Activity: 518

Merit: 500

Quote from: zimmah on June 14, 2014, 10:06:04 AM

Ghash was close to 51% before and it might happen again later as long as no other pool will offer the same services as GHASH

China has been dead for a long time already

the SR and MtGox coins have already been calculated in the price.

Bitcoin will not die from these things. In fact it adds strength to bitcoin because bitcoin survives all this crap and the price only drops for a short while and will skyrocket again soon.

PETAMINE (1150 TH/s) is considering joining P2POOL
http://www.reddit.com/r/Bitcoin/comments/282j4m/petamine_1150_ths_is_considering_joining_p2pool/

zimmah

legendary

Activity: 1106

Merit: 1005

Ghash was close to 51% before and it might happen again later as long as no other pool will offer the same services as GHASH

China has been dead for a long time already

the SR and MtGox coins have already been calculated in the price.

Bitcoin will not die from these things. In fact it adds strength to bitcoin because bitcoin survives all this crap and the price only drops for a short while and will skyrocket again soon.

Mythul

sr. member

Activity: 644

Merit: 250

So the end of bitcoin trolling begins again...

maker88

sr. member

Activity: 336

Merit: 250

Quote from: DustyRah on June 13, 2014, 01:22:07 PM

Not sure if you are checking the indicators but this so called 'dip' that you are talking about appears to be just beginning. Its diving down with its mouth wide open.

Traders are having a great time though! :-)

says the guy who told everyone to BAIL THE F OUT right before the rally

RiverBoatBTC

full member

Activity: 224

Merit: 100

Got to love fear mongering

fr33d0miz3r

hero member

Activity: 518

Merit: 500

See you at $0.1

Malin Keshar

hero member

Activity: 616

Merit: 500

I agree we are facing problems, and we will probabilly see a fall, but I doubt it will be for less than 300.All these things can and will be solved one way or another, like have been done in the past, and we will be back to normalization(hyperdeflation).

The problem is the "back to normalization" process can take much time and make many people bleed

seljo

legendary

Activity: 1178

Merit: 1014

Hodling since 2011.®

This is all I have to say.

leopard2

legendary

Activity: 1372

Merit: 1014

A government entity could seize Ghash and destroy Bitcoin

This is not funny.

galbros

legendary

Activity: 1022

Merit: 1000

While I agree Ghash.io's large share of the network is a potential long term risk to bitcoin the fact that bitcoin is not down even more on the news of the sale of the silk road coins is actually encouraging.

China's monthly "bans" of bitcoin can no longer be counted on to move the market.

Este Nuno

legendary

Activity: 826

Merit: 1000

amarha

Quote from: TheJuice on June 13, 2014, 10:25:53 AM

Ghashio has little incentive to bring down bitcoin as that is their business. Still all miners on ghash.io should switch.

Yet they continue to allow people to sign up for their pool and offer no disincentives like raising their fees.

How is it possible that they are only seeing short term profit over long term gains? What is wrong with them?

Topic: Bitcoin is dead ! GHash over 51%, SR Seized coins and Mtgox coins, China Ban etc (Read 4294 times)