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RE: How Expensive is it to Take over the (PoW) Network of Bitcoin, Ethereum or Monero? Why We Might See More 51% Attacks in the Future
I thought if it would be rhetorical to ask if BTG did not get to 0, and then I read that XVG suffered it twice.
Instead of asking how stupid people are, I ask why did people bought XVG after one 51% attack and why some still do?
There is only one reason: they expect to find someone in the future that is willing to pay more for their coin than what they paid. Speculation.
Obviously, but why do they expect it from such lousy currencies?
Their vulnerabilities have already been exposed.
We should find some of these people and ask, because I don't have the faintest idea...
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I think part of the answer is quite simple. Lots of people are clueless of what they're buying. Another part is greedy and hoping it to become much more valued.
Further I guess that some coins have a large stake being hold by the owners.
I am greedy too, and because of it I will not buy a currency that I know that was already "compromised".
Maybe trade bots bought it.
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You don't have a lot of Steem for being a greedy monster 😋😂😜
You are very observant.
I was kidding.
I donated everything that I ever got to the church, so they can donate it to the poor and for the praise of god.
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You got a 26.11% upvote from @sleeplesswhale courtesy of @stimialiti!
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