Topic: How I would try to kill bitcoin - page 2. (Read 1743 times)
It's very simple, just let Lenin relived, then launch a revolution.
naked short selling it down close to zero would be the worst mistake someone could make, but would make all of us very rich on the short squeeze 
Me? I would gain control of 99% of the hashrate and then stop mining the instant the block reward halves lol
have fun waiting for the difficulty to adjust in that scenario
Me? I would gain control of 99% of the hashrate and then stop mining the instant the block reward halves lol
have fun waiting for the difficulty to adjust in that scenario
this is only 5% of bitcoin : http://www.coindesk.com/gallery-inside-top-bitcoin-mine-china/
note this : Each warehouse measured about 150 meters in length, by perhaps 20 meters wide… that’s around 3,000 square meters (32,000 ft2) In addition to the four standing warehouses, there was a steel frame that had already been erected and was awaiting completion,
so, 4 football hall ...it's only 5% of mining bitcoin power.
note this : Each warehouse measured about 150 meters in length, by perhaps 20 meters wide… that’s around 3,000 square meters (32,000 ft2) In addition to the four standing warehouses, there was a steel frame that had already been erected and was awaiting completion,
so, 4 football hall ...it's only 5% of mining bitcoin power.
I would kill it the same way they are killing it now. Accept it everywhere and make it hard to buy it. This results in lot of sellers and few buyers = price going down.
So if I were .gov then I would create an ETF and then hammer BTC to death with naked shorts of my monopoly paper.
How would you try to kill bitcoin?
How would you try to kill bitcoin?
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