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Bitcoin Discussion
Re: What if someone bought up all the existing bitcoins?
by
odolvlobo
on
29/10/2014, 05:40:59 UTC
Quote from: sumeet on October 29, 2014, 03:56:38 AM
does it mean 51-attack will happen if someone buy more than 51%
BTC
No. A 51% attack refers to mining capacity. Owning bitcoins doesn't give you any power or control over Bitcoin (except perhaps the exchange rate).