Post
Topic
Board Bitcoin Discussion
Re: What if someone bought up all the existing bitcoins?
by
Argwai96
on 25/11/2014, 03:10:17 UTC
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).
A 51% attack would be possible if someone bought up 51% of the bitcoin and we decided to change the mining method to PoS