Thread: Bitcoins HACKED
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Old 04-04-2013, 01:55 PM  
mayabong
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Join Date: Jan 2010
Posts: 1,952
Quote:
Originally Posted by DWB View Post
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.



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.
Once Bitcoin ATMs are widespread, reliance on exchanges will taper off big time.
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