Post
Topic
Board Bitcoin Discussion
Re: What are the biggestest threats to Bitcoin?
by
BurtW
on 27/06/2014, 00:58:34 UTC
The biggest threat is surely running out of Bitcoin addresses. Tongue
Now that is funny.  Do have even the foggiest idea how big 2160 is?  No, you don't (and really, I don't either).

Goverment! Look, friggin Bolivia banned Bitcoin!!
Bolivia?  Really?  You are concerned about Bolivia?  Really?

GHash.IO which is a joint consortium of various Bitcoin miners, now control more than half of the mining activity, a phenomenon which by some circles assessed would be a threat to the system.
I remember when the DeepBit mining pool was the 51% boogie man and everyone was sooooo concerned about them.  Where is DeepBit now?  Anyone seen them?  No.  Same thing will happen to GHash.io eventually.