Will Bitcoin Keep Crashing? 51% Attack explained - Programmer explains
Bitcoin and the whole crypto market is crashing. FUD is spreading! Let's talk about it and discuss what the 51% attack is!
India: https://cointelegraph.com/news/india-...
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Ivan on Tech by Ivan Liljeqvist
Yes
Ahah, nice!
Great video, a lot covered!
Thanks for the quality take on what is going on. I am thrilled I took profit before Christmas and bought everyone nice gifts. I can re-buy that BTC soon and at less than half the price. The entire market does not always follow BTC, remember the "flash crash?" I think a State actor could attain 51% hashpower if it really wanted to do that, think Amazon and how they get huge money from the US Government. My question, and you probably know @ivanli , could they pull a double-spend and break the whole thing?
Ivan is great explainer in chief. A true visionary. I subscribe to his channel.
Suppose some entity manages to double spend, the questions is will it be sustainable? how many blocks before it gets rejected. I suspect that they may not get very far!
The crash means I can finally buy more before it climbs back up...
I think the bottom is near 0. How is steem or ethereum not way better than bitcoin?
don't worry guys. This is just part of the crypto ride. Hang on to your wallets and the most important thing -- DON'T SELL
I am glad there are some persons, like you Ivan, with some influence that is setting everyone straight! Too much FUD and panic selling has been going on. Hopefully some people catch things like this before it's too late and just hold on for the ride.
I have resolved Not to sell my BTC, the crash might just be momentarily and a rebound is possible. BTC will certainly come back. I'd rather buy the dip than sell the dip.
Why do you think it will come back?
The unfortunate truth about Richard Heart and money others in this space is that they are professional trolls. I'm just happy to see that you have not turned to the dark side yet Ivan ;)
Just started following you. Great post. Community, please consider my blog. I currently have 70,000+
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https://steemit.com/bitcoin/@philakonecrypto/bitcoin-btc-feb-1-in-depth-fundamental-and-technical-analysis