Re: 2021-01-21 BBG - Bitcoin Plunge Has Newbies Scrambling to Google Double-Spend
⭐ Merited by acquafredda (1)
Quote
Bitcoin plunged more than 10% Thursday, sparking a hunt for reasons the notoriously volatile asset was selling off. One that captured attention questioned the very viability of the token itself -- though it turned out not to be cause for concern.
https://www.bloomberg.com/news/articles/2021-01-21/bitcoin-plunge-has-newbies-scrambling-to-google-double-spendPlease tell me it is all fake!
This is hilarious! I mean, come on, this is 2021! Noobs please go and use Ethereum, EOS, Tezos, Polkadot, whatever you like.Leave us bitcoin, for god's sake! It is not for you
I am just blown away how someone not knowing how bitcoin works with regard to double spends and re-orgs can start stupid stuff like that can be ever taken seriously again. BitMEX Research saying "It appears as if a small double spend of around..."[*1] One of the stupidest groups claiming to be experts, says something like that? My heavens they don't even know what a double spend is. That isn't a double spend and yet their tweet says it is.
And they have the nerve to say "Filtering out the hype with evidence-based reports on the cryptocurrency ecosystem ". LOL. Ludicrous.
And then they claim they didn't say:
"There was a stale Bitcoin block today, at height 666,833. SlushPool has beaten F2Pool in a race.
It appears as if a small double spend of around 0.00062063 BTC ($21) was detected"
and that someone else was to blame:
[*1]https://twitter.com/BitMEXResearch/status/1351856488252399618