Summing up: Was there any 51% attack at all?

MicroCashMike

newbie

Activity: 14

Merit: 0

Quote from: tgsrge on August 01, 2012, 02:37:59 PM

hey, atleast he didnt ask for 250btcs to finish developing it.

you tell me who is the true con artist here. Roll Eyes

First off let's clear up a thing or two;

1) My name is Michael Westin and I from in NYC originally, live in LA for the time being.
2) I have never posted to this board prior to registering yesterday
3) Long time lurker, just observed only
4) I mine LTC and I am pissed by the con pulled on everyone by BTC-e, Coblee with an assist by BCEX.
5) I think MC has some serious potential
6) I think LTC has some serious potential

Furthermore there is a huge difference between asking for help and stealing.

Mike

tgsrge

member

Activity: 70

Merit: 10

hey, atleast he didnt ask for 250btcs to finish developing it.

you tell me who is the true con artist here. Roll Eyes

MicroCashMike

newbie

Activity: 14

Merit: 0

Quote from: tgsrge on August 01, 2012, 02:19:16 PM

you, and your premined failed centralized cryptocurrency are in denial, not anyone else.

So I take it you are in total denial about and ignoring the fact that main exchange, the creator Coblee were partnering with BCEX to manipulate the market?

Mike

tgsrge

member

Activity: 70

Merit: 10

you, and your premined failed centralized cryptocurrency are in denial, not anyone else.

MicroCashMike

newbie

Activity: 14

Merit: 0

Quote from: Spekulatius on August 01, 2012, 01:02:36 PM

Quote from: tatsuchan on July 30, 2012, 05:40:42 PM

Quote from: Spekulatius on July 29, 2012, 03:11:28 PM

Was there any attack at all?

How much of the 51% hashing power was accomplished?

Was anyone affected?

How do we know?

Pls enlighten us and post if you know or have any idea how to estimate the extent of this (seeming) 51% attack.

BCX attacked our hearts <3

Did she take your heart by storm?

No there was no 51% attack at all, there was never one planned.

This was con played on you by BCEX, BTC-e and Coblee under the guise of protecting LTC. Anyone who thinks this wasn't a coordinated market manipulation is just in denial. The panic selling caused a drop to below .0037 down from a previous high of .006 in less than 24 hours. Who do you think was making those huge buys at that time?

51% protection is a feature of Microcash and the Devs do not collude with known thugs that attack alt currencies.

Mike

Coblee admitting he was part of the con early on.
https://bitcointalksearch.org/topic/m.1060462

https://bitcointalksearch.org/topic/m.1060442

Quote from: coblee on July 28, 2012, 06:37:17 AM

Quote from: ?? on ??

But you did know about it from the beginning and it was my idea.

Yes, the PM you sent me is timestamped above. And theymos of any other moderator can confirm this.

Spekulatius

legendary

Activity: 1022

Merit: 1000

Quote from: tatsuchan on July 30, 2012, 05:40:42 PM

Quote from: Spekulatius on July 29, 2012, 03:11:28 PM

Was there any attack at all?

How much of the 51% hashing power was accomplished?

Was anyone affected?

How do we know?

Pls enlighten us and post if you know or have any idea how to estimate the extent of this (seeming) 51% attack.

BCX attacked our hearts <3

Did she take your heart by storm?

mc_lovin

legendary

Activity: 1190

Merit: 1000

www.bitcointrading.com

thread title should say BBQcoin! there was LTC 51% rumors at the same time.

tatsuchan

full member

Activity: 182

Merit: 100

Quote from: Spekulatius on July 29, 2012, 03:11:28 PM

Was there any attack at all?

How much of the 51% hashing power was accomplished?

Was anyone affected?

How do we know?

Pls enlighten us and post if you know or have any idea how to estimate the extent of this (seeming) 51% attack.

BCX attacked our hearts <3

VelvetLeaf

member

Activity: 98

Merit: 10

Quote

Was there any attack at all?

No, but potential for attack is still there.

Quote

How much of the 51% hashing power was accomplished?

Up to 700 Amazon EC2 * 213 = 149 MH/s.
Unless people solo mine / join private pool and Unknown get to 30% (just like bitcoin pool chart), DDoS experiment will probably still continue as warning.

Quote

Was anyone affected?

People that don't really believe in Litecoin and dump all their Litecoin when BCX decide to attack it to save themselves.

Quote

How do we know?

More detail about attack and prevention :
https://bitcointalksearch.org/topic/litecoin-attack-and-defense-96204

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Yes there was a 51% fail by BCX.

Also a 51% backpeddling and 51% sidestepping.

Who am I kidding all previous mentioned 51% references were 100%. Cheesy

k9quaint

legendary

Activity: 1190

Merit: 1000

Quote from: Spekulatius on July 29, 2012, 03:11:28 PM

Was there any attack at all?

No. Even if there was, Coblee checkpointed the blockchain as a precaution.

Quote from: Spekulatius on July 29, 2012, 03:11:28 PM

How much of the 51% hashing power was accomplished?

Probably none. BCX turns out to be mostly smoke and mirrors.

Quote from: Spekulatius on July 29, 2012, 03:11:28 PM

Was anyone affected?

Only speculators who dumped LTC at the first sign of trouble.

Quote from: Spekulatius on July 29, 2012, 03:11:28 PM

How do we know?

We don't.

Quote from: Spekulatius on July 29, 2012, 03:11:28 PM

Pls enlighten us and post if you know or have any idea how to estimate the extent of this (seeming) 51% attack.

The extent was forum posts. The LTC reaction was to a threat, not an actual attack.

Spekulatius

legendary

Activity: 1022

Merit: 1000

Was there any attack at all?

How much of the 51% hashing power was accomplished?

Was anyone affected?

How do we know?

Pls enlighten us and post if you know or have any idea how to estimate the extent of this (seeming) 51% attack.

Topic: Summing up: Was there any 51% attack at all? (Read 1375 times)