Post
Topic
Board Bitcoin Discussion
Re: Ethereum could afford a 51% attack on Bitcoin, and profit greatly from it
by
mjdamgaard
on 18/08/2024, 10:40:25 UTC
firstly you mention not wanting to do multiple re-orgs of bitcoin ledger... (something we contested about over many posts and you now say you dont want to re-org bitcoin multiple times)

[...]

but most importantly about your last multiple posts arguing how you wont need multiple re-orgs of the btc blockchain... by you concentrating on the whole bob-eric market shuffle.. has nothing to do with blockchain manipulating, its just market manipulation

I still don't know if you are being troll on purpose, or if you are just not reading anything that I write properly, which is also poor behavior.

If Bitcoin does not crash after the first big steal using a long-range attack (1 reorg), then the attackers can just repeat the attack to steal even more.

But obviously, if the attackers can just keep coming back for seconds, this will halt the trade of Bitcoin, thereby making it useless as a currency, and it's value will drop. This is not just me saying this, but this is a standard assumption in literature.

You pretend like I have avoided some of your arguments on this thread, but I dare you to quote any of your earlier arguments, and I will quote you back a counterargument (one that I have already given on this thread).

But then you have to promise me to actually read my counterarguments this time around. (I have almost no patience left for you.)