How To Manipulate Any Crypto

[JackMorgan]

The 51% attack will be in the form of 51% of hodlers selling on the same day

 

[NoahA]

The 51% attack will be in the form of 51% of hodlers selling on the same day

I am less worried about everyone selling at once than I am about a massive repricing overnight to the upside with a major devaluation of fiat. Imagine the monetary system failing and in order to prop it up, a peg to BTC is enacted.

 

[JackMorgan]

Imagine CoinBase gets hacked and all the money is spent on Bored Apes before it can be recovered

 

[Nobert]

Imagine CoinBase gets hacked and all the money is spent on Bored Apes before it can be recovered

Epic.

 

[Nobert]

once again you and i keep opening nodes how will network know we are bad or good actors. We keep on opening good ones until we take over the network??? How will network know we are good guys????

There's nothing stoping a rich person/company from doing that.

The question should be, - who is in control ?

 

[johnarb]

There's nothing stoping a rich person/company from doing that.

The question should be, - who is in control ?

no one is in control

This is the simple fact you refuse to acknowledge and keep ignoring

Bitcoin is decentralized p2p, immutable, censorship-resistant distributed network

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Tell us how Bitcoin will be manipulated specifically so we can discuss it? i.e. like giving someone 1 million coins or stopping a someone from Russia from making a transaction

 

[rickf]

Wanna manipulate crypto? That's easy ... just get a certain ego-centric tech bro to tweet about it, even as a joke.

 

[Nobert]

Wow, only 1 billion. Did not realize it was so cheap to take over network.

When you take into account that they secretly were creating nods via Norton Antivirus, silently mining under the clients noses without notice, that could be even cheaper and easier.

 

[RedDuke]

Luna is canary in coal mine, let's see how things will play out this year.

 

[newwurldmn]

I am less worried about everyone selling at once than I am about a massive repricing overnight to the upside with a major devaluation of fiat. Imagine the monetary system failing and in order to prop it up, a peg to BTC is enacted.

the day that happens the power goes out and all Bitcoin transactions cease.