Wall Street set to pour money into Bitcoin (NY Times)
Re: Wall Street set to pour money into Bitcoin (NY Times)
by Kane » Fri Dec 13, 2013 1:33 am
Ok, then address my points highlighting why it's a shit currency.
-
Kane - Vice President
- Posts: 10213
- Joined: Sat Aug 18, 2012 1:09 pm
- Location: The Yay
- Gender:
- Has thanked: 430 times
- Been thanked: 563 times
- Political Leaning: Rockefeller Republican
Re: Wall Street set to pour money into Bitcoin (NY Times)
by The Dharma Bum » Fri Dec 13, 2013 1:40 am
-
The Dharma Bum - Vice President
- Posts: 11594
- Joined: Tue Aug 21, 2012 10:31 am
- Gender:
- Has thanked: 3285 times
- Been thanked: 617 times
- Political Leaning: Anarcho Communist
Re: Wall Street set to pour money into Bitcoin (NY Times)
by The Dharma Bum » Fri Dec 13, 2013 1:48 am
-
The Dharma Bum - Vice President
- Posts: 11594
- Joined: Tue Aug 21, 2012 10:31 am
- Gender:
- Has thanked: 3285 times
- Been thanked: 617 times
- Political Leaning: Anarcho Communist
Re: Wall Street set to pour money into Bitcoin (NY Times)
by The Dharma Bum » Fri Dec 13, 2013 9:10 am
-
The Dharma Bum - Vice President
- Posts: 11594
- Joined: Tue Aug 21, 2012 10:31 am
- Gender:
- Has thanked: 3285 times
- Been thanked: 617 times
- Political Leaning: Anarcho Communist
Re: Wall Street set to pour money into Bitcoin (NY Times)
by exploited » Fri Dec 13, 2013 9:18 am
Dude, it would take $14 million to setup a system that could do the attack on its own. The computers used by Wall Street are vastly more powerful. And that is if you wanted to do it on one system rather than setup a network.
It hasn't happened because we are in the pump stage. And truth be told we don't know that it hasn't happened - nobody was looking out for it until a month ago.
But go ahead and ignore these problems, hopefully you won't be too successful convincing people to buy into it. Now that the Wall Street boys are getting in on it, rather than a bunch of early adopters, it is only a matter of time.
It hasn't happened because we are in the pump stage. And truth be told we don't know that it hasn't happened - nobody was looking out for it until a month ago.
But go ahead and ignore these problems, hopefully you won't be too successful convincing people to buy into it. Now that the Wall Street boys are getting in on it, rather than a bunch of early adopters, it is only a matter of time.
-
exploited - Vice President
- Posts: 23035
- Joined: Fri Sep 14, 2012 2:32 pm
- Location: Ontario, Canada
- Gender:
- Has thanked: 2562 times
- Been thanked: 1837 times
Re: Wall Street set to pour money into Bitcoin (NY Times)
by The Dharma Bum » Fri Dec 13, 2013 9:24 am
-
The Dharma Bum - Vice President
- Posts: 11594
- Joined: Tue Aug 21, 2012 10:31 am
- Gender:
- Has thanked: 3285 times
- Been thanked: 617 times
- Political Leaning: Anarcho Communist
Re: Wall Street set to pour money into Bitcoin (NY Times)
by The Dharma Bum » Fri Dec 13, 2013 9:27 am
-
The Dharma Bum - Vice President
- Posts: 11594
- Joined: Tue Aug 21, 2012 10:31 am
- Gender:
- Has thanked: 3285 times
- Been thanked: 617 times
- Political Leaning: Anarcho Communist
Re: Wall Street set to pour money into Bitcoin (NY Times)
by The Dharma Bum » Fri Dec 13, 2013 9:38 am
Basically you are promoting a nutball conspiracy theory if your claim is that "wall street" set up bitcoins to trick everyone into investing in it so they can do this attack and steal their money.
That is far beyond the scope of what is proposed by the non-peer reviewed article you provided.
That is far beyond the scope of what is proposed by the non-peer reviewed article you provided.
-
The Dharma Bum - Vice President
- Posts: 11594
- Joined: Tue Aug 21, 2012 10:31 am
- Gender:
- Has thanked: 3285 times
- Been thanked: 617 times
- Political Leaning: Anarcho Communist
Who is online
Users browsing this forum: No registered users and 31 guests