|
|
|
|
|
|
by davidgerard
3834 days ago
|
|
|
Observation is that pretty much nothing crashes the price of Bitcoin. * During the transaction spam DDOS attacks, the price went up even though it was literally unusable. * The present price seems sustained by something that looks very Willybotish running between OKCoin and Huobi. https://www.reddit.com/r/Buttcoin/comments/3vnjgk/what_drive... The remaining American Bitcoin traders are certainly gullible enough to keep buying and trading a 51%-compromised coin. (I mean, there are people who still think Paycoin could make a comeback.) But American traders are a sideshow - all the action is in China (miners, actual traders). So the question would be: will Chinese speculators keep gambling on a 51%-compromised coin? (And of course the MMM ponzi buyers, whose judgement is sufficiently bad that they wouldn't even understand the problem.) |
|
|