Re:Bitcoin Gold hit by 51% attacks, $72K in cryptocurrency d...
by spir on Monday January 27, 2020 @12:19PM
(#22161457)
> cryptocurrency era
Cryptocurrencies and their associated boom-bust market cycles are here to stay.
95% of blockchain development happens on Ethereum, and Ethereum is growing well, https://medium.com/@jjmstark/the-year-in-ethereum-2019-24201..., so the idea that there was a cryptocurrency era that's ended is not true.
Re:Bitcoin Gold hit by 51% attacks, $72K in cryptocurrency d...
by astrodust on Monday January 27, 2020 @01:29PM
(#22162271)
Bitcoin is the three card monte of the tech world. It's going to be around a long time, but not because it's a good thing.
Re:Bitcoin Gold hit by 51% attacks, $72K in cryptocurrency d...
by Priem19 on Tuesday January 28, 2020 @04:11AM
(#22167728)
https://en.wikipedia.org/wiki/Not_even_wrong
"Not even wrong" describes an argument or explanation that purports to be scientific but is based on invalid reasoning or speculative premises that can neither be proven correct nor falsified and thus cannot be discussed in a rigorous and scientific sense.
Bitcoin is money. It's as simple as that.
Re:Bitcoin Gold hit by 51% attacks, $72K in cryptocurrency d...
by gfodor on Monday January 27, 2020 @01:07PM
(#22162031)
Given that the number of 51% attacks has been quite rare and relatively low impact so far, I'd argue that your skeptics are still winning the argument. Far more problems have come from security failures outside of the cryptocurrency itself or predatory practices.
[0] Lots of millionaires came out of the cryptocurrency era. Sock puppets are cheap in comparison.