abenjami Report post Posted January 9 (edited) 7 hours ago, Titans_Win_Again said: Ethereum and Ethereum Classic are not the same thing. Classic is a poorly supported fork of Ethereum that's market cap is a fraction of the size. All decentralized blockchains are vulnerable to a "51% attack", which is when majority of the network hash rate ie computing power is controlled by a malicious actor. This actor then uses his overwhelming hash power to effectively create counterfeit coins. There are websites that calculate the vulnerability of various decentralized blockchains to attack As you can see, the less valuable the coin the less hash power there is to "defend" the network. Then there's also the factor of whether or not ASICs are used to generate a network's hash power. ASICs are computer chips designed only for a highly specialized function, for example, mining the SHA-256 algorithm used by the BTC network. If someone were able to obtain enough hash power to 51% attack the BTC network it would almost certainly be through the use of ASIC miners. This creates a catch-22 as the tens of millions of $ worth of mining equipment needed to attack the BTC network would be rendered worthless if the price of BTC collapsed. tldr Short of a highly orchestrated attack by state level actors or Google itself, BTC is not at risk of a similar attack. Why would you have to defend an attack? I thought it was inherently 110% secure and attack-proof by design!!! Edited January 9 by abenjami 1 OILERMAN reacted to this Quote Share this post Link to post Share on other sites
abenjami Report post Posted January 11 LOL https://amp.theguardian.com/technology/2019/jan/11/experience-i-lost-1m-on-bitcoin Quote Share this post Link to post Share on other sites
wiscotitansfan Report post Posted January 11 "But if I had to choose between the $1.2m and the podcast, I would let the money go again – I love what I do now." Sounds like he is lying to himself Quote Share this post Link to post Share on other sites
abenjami Report post Posted January 11 6 minutes ago, wiscotitansfan said: "But if I had to choose between the $1.2m and the podcast, I would let the money go again – I love what I do now." Sounds like he is lying to himself Definitely lying to himself! Quote Share this post Link to post Share on other sites
Titans_Win_Again Report post Posted January 11 LOL did you guys even read the article? The dude bought at 600$ and cashed out at 4k + plus whatever he was cashing out during the bubble when it was over 10k... Quote Share this post Link to post Share on other sites
wiscotitansfan Report post Posted January 11 (edited) 4 minutes ago, Titans_Win_Again said: LOL did you guys even read the article? The dude bought at 600$ and cashed out at 4k + plus whatever he was cashing out during the bubble when it was over 10k... Just because he was net positive doesn't mean he didn't "lose" a lot of money, and he was the one that said he would gladly lose all that money again because it led him to his current job It's hilarious how you are even blindly defending THAT Edited January 11 by wiscotitansfan 1 titanruss reacted to this Quote Share this post Link to post Share on other sites
Titans_Win_Again Report post Posted January 12 42 minutes ago, wiscotitansfan said: Just because he was net positive doesn't mean he didn't "lose" a lot of money, and he was the one that said he would gladly lose all that money again because it led him to his current job It's hilarious how you are even blindly defending THAT Just because he was net positive doesn't mean he didn't "lose" a lot of money Just because he was net positive doesn't mean he didn't "lose" a lot of money Just because he was net positive doesn't mean he didn't "lose" a lot of money Hilarious 1 titanruss reacted to this Quote Share this post Link to post Share on other sites
wiscotitansfan Report post Posted January 12 (edited) 1 hour ago, Titans_Win_Again said: Just because he was net positive doesn't mean he didn't "lose" a lot of money Just because he was net positive doesn't mean he didn't "lose" a lot of money Just because he was net positive doesn't mean he didn't "lose" a lot of money Hilarious If you had a bunch of winning lottery tickets but misplaced the jackpot one and only cashed in the instant win ones for much much much much less money, you wouldn't be happy about the net gain. Edited January 12 by wiscotitansfan Quote Share this post Link to post Share on other sites
Titans_Win_Again Report post Posted January 12 32 minutes ago, wiscotitansfan said: If you had a bunch of winning lottery tickets but misplaced the jackpot one and only cashed in the instant win ones for much much much much less money, you wouldn't be happy about the net gain. You're reaching Simple Jake territory with this convoluted attempt to rationalize saying someone who bought something, then sold it for significantly more money "lost." Quote Share this post Link to post Share on other sites
wiscotitansfan Report post Posted January 12 There's no way you can be this retarded Quote Share this post Link to post Share on other sites
wiscotitansfan Report post Posted January 12 The guy literally has lost in the title and constantly refers to losing money throughout the article that he wrote about his experience... You wanna let him know he didn't lose anything though? 1 abenjami reacted to this Quote Share this post Link to post Share on other sites
Supdawg Report post Posted January 12 (edited) See the pattern? 3 Parabolic advances followed by steep 80+% retracements. History will repeat itself. Edited January 12 by Supdawg Quote Share this post Link to post Share on other sites
Jamalisms Report post Posted January 12 Loooool 1 Supdawg reacted to this Quote Share this post Link to post Share on other sites
9 Nines Report post Posted January 13 (edited) I havh them. I will sell theor all 100. I'll maaypal? Edited January 13 by 9 Nines Quote Share this post Link to post Share on other sites
patsplat Report post Posted January 13 Trump appointing officials to the Fed is the best argument for Bitcoin Quote Share this post Link to post Share on other sites
