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RE: How Expensive is it to Take over the (PoW) Network of Bitcoin, Ethereum or Monero? Why We Might See More 51% Attacks in the Future

in #cryptocurrency7 years ago

Obviously, but why do they expect it from such lousy currencies?
Their vulnerabilities have already been exposed.

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We should find some of these people and ask, because I don't have the faintest idea...

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I think part of the answer is quite simple. Lots of people are clueless of what they're buying. Another part is greedy and hoping it to become much more valued.

Further I guess that some coins have a large stake being hold by the owners.

I am greedy too, and because of it I will not buy a currency that I know that was already "compromised".
Maybe trade bots bought it.

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