You can't attack Bitcoin by just using computing power. Any attack will come from bankers accumulating most of the available coins, and using them for their own inter-company transfers. This will make some of us rich, but inhibit the use of Bitcoin as a general currency imho.
that's not really an "attack" at all, just a continuation of the current distribution of wealth. bitcoin wasn't really meant to solve that problem. as much as bitcoin is meant for "being your own bank" it's still compatible with traditional banking. the exchanges of today already operate as banks.
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.
who, CSW and company? i hope they have fun wasting millions and millions of dollars and gaining nothing. good luck to them.
Come on folks.
Anyone who entertains a thread like this has failed their I.Q. test.
Anyone who entertains a thread like this has failed their I.Q. test.
just baseless speculation without any solid reference where he got that concept. if there's some truth about what he's saying, he should have at least an article link discussing such possible scenario in the future. in that case, we will know if its pure fud or just an imagination of someone who doesnt know what he's talking about