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Toys For Ass Bum
Feb 1, 2015

Reminder: the whole point of Bitcoin was that the people using it, would be the ones doing the mining.
It was supposed to be a network of peoples PC's, decentralised, working to process transactions.
Now it's just a smouldering heap of Chinese electronics.

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Toys For Ass Bum
Feb 1, 2015

Here we go!
Bitcoin Wallets Under Siege From ‘Large Collider’ Attack

quote:

A group called the "Large Bitcoin Collider" claims it can smash open bitcoin wallets by using a so-called brute force attack, which directs mass amounts of computer power at individual wallets in order to guess their private keys.

:toot:

Toys For Ass Bum
Feb 1, 2015

Oh look, Bitcoin is crashing again.
Price has dropped around 18% in just 4 days.

Toys For Ass Bum
Feb 1, 2015

I thought the basis behind Bitcoin "going to the moon", was it replacing currency.
Like, people would be buying groceries and paying bills and poo poo with Bitcoin.
So far the only thing people use it for is making clandestine bank transfers.

Toys For Ass Bum
Feb 1, 2015

UZR IS BULLSHIT posted:

Currency of the futuuuuuuuuuuuuure

https://coinatmradar.com/operators/

The vast, VAST majority of them are "buy only" of course :saddowns:

Toys For Ass Bum
Feb 1, 2015

Is the Bitcoin bubble about to burst? Traders warn cryptocurrency could CRASH this week

Apparently there's some technical poo poo going on with Bitcoin that could totally gently caress it all up:
https://bitcoinmagazine.com/articles/bitcoin-miners-miss-first-bip-148-deadline/

I guess this explains why Bitcoin has dropped $1000 in just over 4 weeks



edit:

Toys For Ass Bum fucked around with this message at 05:34 on Jul 16, 2017

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Toys For Ass Bum
Feb 1, 2015




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