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Topic: Will the effect the BTC market? - page 2. (Read 1754 times)

legendary
Activity: 1764
Merit: 1002
September 28, 2012, 09:29:55 AM
#4
really doesn't sound like a 51% attack; more like an exploit in timing btwn block formation.
legendary
Activity: 1022
Merit: 1000
September 28, 2012, 09:28:46 AM
#3
It's very interesting. It's a legitimate organization with no hostile intent though. Bitcoin can only benefit from something like this in the long term.

I guess you are right, but who knows?

Also, I think if they actually would achieve 51% of hashing power, that would startle alot of people and a flash crash would follow. Probably with quick recovery but still a heavy spike. Other than that I see little effect on price.
legendary
Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
September 28, 2012, 09:07:02 AM
#2
It's very interesting. It's a legitimate organization with no hostile intent though. Bitcoin can only benefit from something like this in the long term.
legendary
Activity: 1008
Merit: 1000
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