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Re:Bitcoin Gold Hit by Double Spend Attack, Exchanges Lose M... by Taek on Wednesday May 23, 2018 @07:04PM (#17139253)
In the bitcoin system, miners make literally billions of dollars a year protecting the network. Any successful attack on the bitcoin network is going to massively erode confidence, reduce the price, reduce the usage, and therefore reduce the value of all that single-purpose, bitcoin-only hardware.

Large miners don't want to see Bitcoin get attacked because it destroys their income and de-values their incredibly expensive hardware. This is also why miners won't just let you borrow their hashrate for a while - it's a big issue if you use that hashrate to undermine their cash cow.

Re:Bitcoin Gold Hit by Double Spend Attack, Exchanges Lose M... by chemmail on Wednesday May 23, 2018 @08:10PM (#17139693)
Logical and sound arguments. However you underestimate human greed, human stupidity. Not everyone is operating on a Nash Equilibrium.
Re:Bitcoin Gold Hit by Double Spend Attack, Exchanges Lose M... by Erlich_Bachman on Thursday May 24, 2018 @03:25AM (#17141795)
This will all be valid concerns the day we see a real 51% attack on real Bitcoin. So far Nash seems to be working.
Re:Bitcoin Gold Hit by Double Spend Attack, Exchanges Lose M... by onecooldev24 on Wednesday May 23, 2018 @07:32PM (#17139446)
Top miners can short twice as many BTC futures to create one last profitable destruction.
Re:Bitcoin Gold Hit by Double Spend Attack, Exchanges Lose M... by Taek on Wednesday May 23, 2018 @09:50PM (#17140346)
If a large miner comes to you asks for a multi billion dollar short position, you should be suspicious.
Re:Bitcoin Gold Hit by Double Spend Attack, Exchanges Lose M... by Cthulhu_ on Thursday May 24, 2018 @03:45AM (#17141902)
That's when you just split your short through a few thousand shell accounts.
Re:Bitcoin Gold Hit by Double Spend Attack, Exchanges Lose M... by facetube on Thursday May 24, 2018 @01:15AM (#17141275)
Yep. totally safe, someone on the internet said we should.
Re:Bitcoin Gold Hit by Double Spend Attack, Exchanges Lose M... by mrep on Wednesday May 23, 2018 @08:11PM (#17139704)
All the while raking in boatloads from the double spending.