[NathanCH]

Some of these numbers are very low. $30/h for Bitcoin Private? Seems inexpensive, what am I missing?

[johndunne]

You're not missing anything. The coins are literally worthless other than to those who trade them on crypto exchanges, to steal each other's lunch money. Plus, launching an attack isn't just a case of paying $30 per hour. You need to have a client able to perform whatever your aim is for the attack, which requires a level of coding knowledge. And dev's at that level of knowledge are probably earning real money for their time.

[brianwawok]

No one uses it. So you attack it. Cool. You can't turn it into USD or anything else, so you just spend $30 for nothing.

[xur17]

It's listed on several exchanges [0], so assuming you can carry out the attack, you could pretty easily profit. Not a ton of volume, but you could make some money.

[0] https://coinmarketcap.com/currencies/bitcoin-private/#market...

[IncRnd]

And, that's exactly why it only costs $30.

[matte_black]

But you still get the prestige of having taken down a coin.

[stale2002]

"prestige" is exactly what smart criminals are attempted avoid.

"Prestige" is how people end up in jail, or otherwise...

[baddox]

What makes you think there would be any such prestige earned?

[matte_black]

It’s not very often you get a chance to take down a currency.

In 30 years from now you’ll be able to brag about how back in your day you took down entire cryptocurrencies with 51% attacks.

[vasilipupkin]

51% attacks are quite possibly wire fraud so I would refrain from bragging about them. More accurately, trying to double spend the coins is wire fraud.

[AlexCoventry]

Not if you have the consent of the counter-parties (or are the counter-parties.) It might be against some other law to manipulate the price like that, though.

[matte_black]

Which government will prosecute?

[brianwawok]

In 30 years no one will use crypto and people that invested in crypto will be laughed at.