Thread: Bitcoins HACKED
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Old 04-04-2013, 12:11 PM  
DWB
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Quote:
Originally Posted by woj View Post
I was under the impression that bitcoins are decentralized and so can not be stopped?
and yet, downing only a few sites for only a few hours caused a 20+% decline in price?
I'm with ya. For as "safe" as everyone claims it is, it is looking like one of the most fragile currencies ever created. A simple ddos drops the value that much and they say nothing can be done about that. This has potential disaster all over it. They have to figure out a way to get this under control if they want it to survive.

Quote:
Originally Posted by Dirty F View Post
What would happen if wallstreet stops working for 3 days?
There have been several times where they have closed for other reasons, the last time was just this past October for hurricane Sandy. They stop trading. Stocks don't fall off a cliff because of it.

Besides that, Wall Street closes every weekend for two days.
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