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RE: Has Bitcoin Been Compromised? If So, How Can You Protect Yourself?

in #bitcoin7 years ago

You either are a fool or a paid troll. You will find out soon what is happening if you are a fool.

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Says the guy who’s anarchapulco.com wesbsite says and I quote “Brought to you by Bitcoin.com” on the front page.

We know whose pocket he is in....
Roger Ver is obviously a super rich crypto motherfucker, and it's obvious he's manipulating the entire network on different levels.
The Bitmain miner thing is another angle these guys are working.
I just bought two Antminers and had to pay in BCH, which I did. But there is clearly some behind the scenes skulduggery going on.
Berwick says BTC is compromised. what is more obvious is BCH is compromised security wise with a small network of miners.
Between BTC and BCH, BCH is much more susceptible to a 51% attack by the someone like the Federal Reserve.

i wasnt aware of that....what do you mean by 51% attack? my knowledge about this subject is a bit limitated sorry

If someone (or group of people working together) own at least 51% of all (currently) available coins, they could theoretically manipulate the market in any way they chose, as they hold a majority stake and can move it how they wish. This is impossible with BTC, as no one person, or even group or persons could ever realistically own or control that much BTC at one time. I doubt it's possible with BCH as well, but it is true that it is probably more possible with BCH than BTC.

A 51% attack is where a mining entity controls 51% of the mining, allowing them to take their own transactions off network, then double spend coin on the 49% side. Effectively destroying the security and accountability of the network.
There are some videos which explain it better, I'm no tech expert myself.

A 51% attack is based upon blockchain nodes. I have a node on my PC, it is about 500MB, or less than a DVD. Lets say there are over 10,000 nodes in the world. You would have to control 5,001 nodes in order to takeover the blockchain, the other 4,999 would just simply comply. It is a data record takeover, not a market price manipulation.

Ok so it does. Does it mean he can only speak glowingly of it and not have his own ideas?
Can he talk about only bitcoin because of it?

Buy both btc and bch :P you will be safe :D

wondering if you have finally figured out what hedge-x was talking about...

I see why it is hard to voice your opinion Jeff. People are vicious and suspect.
Hard to stay balanced. I've followed you and like you, and even disagree with you about how you have stated you started here on steemit. But I still respect you and wish you well.
Where do you think steem will be as a blockchain in the 2 year future window?
Here is a nugget that you might find interesting about some strange happenings in bitcoin past involving a higher than usual payout.
https://steemit.com/bitcoin/@poias/bitcoins-s-strange-block-7438-and-the-185-billion-possible-payoff-steemit-investigative-report-pt-1
I hope that was a better attempt at communication then name calling.
I'm trying to slow my roll and improve also!
Stay positive and loving!

Neither Jeff, perhaps you should stick to the walking the dogs videos. You were much more effective with your doggies.
Cheers A.

I probably should add, that the real fool is someone who pays $2000.00 transfer fee for 2 BTC...WTF!

Thing is I don't even believe you. Most people now are not transferring BTC at the moment, they are using other coin; LTC, DASH, ETH, XRM, ZEC, for example.

It is foolish to incur the crazy high fees.(if we are to believe you)

help vote brother🙂

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