Post
Topic
Board Bitcoin Discussion
Re: Two hacks and two approaches - is Bitcoin is looking better than Ethereum?
by
philipma1957
on 08/08/2016, 11:21:08 UTC
Bitcoin  has shown  they will help exchanges steal money.

Eth-Etc has shown  they will make an effort to  prevent a major theft or exploit.



Bitcoin does not scale it does 300,000  transactions per day on average  max is just under 700,000.

Thus off chain deals are needed to move the coin.

What are off chain deals  moves on exchanges like Bitfinex


What happens when a necessary  exchange gets hacked for its bitcoins.  Thats right Bitcoin helps them to steal it.

If anyone thinks  Bitcoin won out  in the Eth-Etc fork   they are sadly mistaken.

As a complete side bar.   If I mine ETH-ETC  I use real pc's with real warrantees.  If I mine BTC  I use asics from companies that refuse to honor them.

Go watch the Movie  "The Big Short"     the guy sees the housing bubble and bets on it.


I see a real problem for BTC  this year.

I made a move  I spilt my mining  ½ ETC-ETH   ½ BTC