Post
Topic
Board Bitcoin Discussion
Topic OP
Why 51% hashrate is a good thing
by
PetePete
on 13/06/2014, 13:16:12 UTC
I know everyone is freaking out and alarm bells should be ringing, but correct me if im wrong there has never been a 51 hash rate reached before? If so its perfect timing that this is happening now, we get to see with our own eyes what happens with the protocol once a 51% hashrate is reached before Bitcoin goes mainstream. Its all part of the experiment. Im sure this issues will be revolved and we may never reach 51% again. In the mean time the price is dropping as people are panic selling. I say now is the time to buy Smiley At the bare minimum HODL!