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re: Predict the 12/31/2014 bitcoin price (plus 2013 year in review)
Posted on 1/9/14 at 10:50 am to LSURussian
Posted on 1/9/14 at 10:50 am to LSURussian
quote:
I have a cloudy recollection about him mentioning a 51% number in a post but I don't recall he ever fully explained what that meant or what the consequences would be.
Yeah, I would think that would have caught my attention.
Posted on 1/9/14 at 10:52 am to Broke
quote:
Yeah, I would think that would have caught my attention.
But still, how does someone possessing more than 50% of the "Mining" power affect all of the bitcoins that have already been mined?
And if being over 50% can kill bitcoin, what is stopping a govt with supercomputers from shutting it down now?
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