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Topic: Positive Bitcoin write-up on Zerohedge - page 3. (Read 4382 times)

legendary
Activity: 2408
Merit: 1121
January 30, 2013, 03:22:03 PM
#10
Quote
There are two problems with someone trying to take over the Bitcoin network:

1.) No one entity in the world has enough computing power to do it now. That chance has passed.
Lol? 10 millions $ and you have more than enuff computing power Roll Eyes

The overlooked part of the 51% attack is you have to continually expand to maintain your advantage, making sure your blockchain is the longest verified one, and you can only do evil things with your own coins. It seems to me that between buying 10 million dollars worth of equipment or buying outright, you're probably better off sinking it into the system and getting the attendant yields.

There hasn't been an attack because it is really useless to do so right now. I imagine in some extreme scenario where someone is running an attack to punish bitcoin, most users would probably decide to upgrade their clients to patch out the offending actors if needed - assuming that the attackers could even maintain their majority, which I highly doubt.
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
January 30, 2013, 01:10:58 PM
#9
Quote
Not what you would call environmentally friendly.

I'll stick with Gold and Silver

Yeah because mining gold and silver is environmentally friendly?  Roll Eyes Aaahhh these trolls Cheesy

Quote
There are two problems with someone trying to take over the Bitcoin network:

1.) No one entity in the world has enough computing power to do it now. That chance has passed.
Lol? 10 millions $ and you have more than enuff computing power Roll Eyes
legendary
Activity: 1008
Merit: 1023
Democracy is the original 51% attack
January 30, 2013, 12:34:36 PM
#8
"What if the internet explodes - no more bitcoin"

OMG I hadn't thought of that?!?  What if it DOES explode!?!?
legendary
Activity: 1078
Merit: 1003
January 30, 2013, 06:11:51 AM
#7
Nice work on that zerohedge thread Hazek.


Thanks, I do my best.
legendary
Activity: 1344
Merit: 1000
January 30, 2013, 03:53:48 AM
#6
bloomberg and zerohedge together lol
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
January 29, 2013, 08:39:38 PM
#5
Update: As of 01/29/13 - it has been read 13,650 times - putting it on par with some of the more popular articles.

And probably 6000 of those are bitcoin enthusiasts such as myself refreshing the page to see the comments ...
legendary
Activity: 4690
Merit: 1276
January 29, 2013, 08:09:17 PM
#4
Nice work on that zerohedge thread Hazek.
legendary
Activity: 2408
Merit: 1121
January 29, 2013, 12:12:50 AM
#3
As of this post, the article has been read 9,952 times.

Update: As of 01/29/13 - it has been read 13,650 times - putting it on par with some of the more popular articles.

Really popular articles can net about three times that number, but for a short time span I think this is important. The overall tone is positive - with a few readers chiming in to point out the usual troll responses that center around "What if the internet explodes - no more bitcoin" and other sillyness.

A lot of financial people watch this blog. This is a big deal.
sr. member
Activity: 300
Merit: 250
BitcoinStarter.com Support Account
January 28, 2013, 07:37:00 PM
#2

http://www.zerohedge.com/news/2013-01-28/chart-day-ecb-responsible-second-coming-bitcoin?page=3

This attention will raise the profile of bitcoin for merchants and investors.

Bitcoins time is just starting. This is only the beginning gentlemen.
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
January 28, 2013, 07:32:42 PM
#1

http://www.zerohedge.com/news/2013-01-28/chart-day-ecb-responsible-second-coming-bitcoin?page=3

This attention will raise the profile of bitcoin for merchants and investors.
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