Is Bitcoin Becoming More Stable Than Gold?

Re:Is Bitcoin Becoming More Stable Than Gold? by CJefferson on Tuesday April 19, 2016 @12:30PM (#11528094)

There is already a fatal architecture flaw - someone owning 51% of the mining power could reck havoc. We just need some way for someone to make enough money out of bitcoin's failure.

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Re:Is Bitcoin Becoming More Stable Than Gold? by cb18 on Tuesday April 19, 2016 @02:11PM (#11528909)

Also, when gox tried to blame "transaction malleability," people rightly saw that as a ruse.

But when people said transaction malleability was a non-issue, they were quickly proven wrong when someone used it to DOS the network.

But that was quickly swept under the rug, down the memory hole in the bitcoin community.

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Re:Is Bitcoin Becoming More Stable Than Gold? by daveguy on Tuesday April 19, 2016 @01:36PM (#11528648)

Someone owning 51% mining power could reak havoc by falsifying transactions... Could they control the price in general?

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Re:Is Bitcoin Becoming More Stable Than Gold? by maaku on Tuesday April 19, 2016 @03:13PM (#11529388)

They could take all the coins. All of them.

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Re:Is Bitcoin Becoming More Stable Than Gold? by vinceguidry on Tuesday April 19, 2016 @12:35PM (#11528130)

That problem also exists with 'normal' currencies.

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