/biz/ - Business & Finance

[Anonymous No.1996277]

HOLY FUCK SELL!! SELL!! SELL!!

BITCOIN IS FINISHED

http://www.antbleed.com/

[Anonymous No.1996280]

>inb4 click the link and get hacked

[Anonymous No.1996288]

>>1996277
Is this real?
I don't know shit about mining hardware.

[Anonymous No.1996293]

ITS UNRAVELING QUICK FOLKS

RUN

RUN

RUN

NOW

[Anonymous No.1996294]

It's being reported across the net, what the fuck

[Anonymous No.1996300]

Fucking chink

They ruin everything I swear

[Anonymous No.1996304]

>>1996277

[Anonymous No.1996307]

omggggg what this mean what this mean? my family life saving in bitcoin.

[Anonymous No.1996321]

>>1996307
>when history repeats itself

[Anonymous No.1996326]

Ready to buy the dip boys?

[Anonymous No.1996327]

>>1996307
Sell for USD or move to ETH idunno..

[Anonymous No.1996335]

>>1996326
>because everything always goes back after the price drops..

Buying any of that PIVX dip??

[Anonymous No.1996341]

Here, you can have anything in the world you so desire. So, what do you buy?

The dip

[Anonymous No.1996355]

ANTMINED

BTC was dead anyway, the Core/Unlimited fuckery was enough to show how obsolete this shitcoin was

[Anonymous No.1996362]

open source mining when? this is a blessing in disquise

[Anonymous No.1996364]

Surely THIS is the time bitcoin dies, although I really did think the Chinese banning it or the BU fork would have done it, along with the stress test that everyone thought were hackers ddossing the network.

[Anonymous No.1996371]

Hold it together boys, there's talk its part of the minerlink functionality, this is opt in from what I remember, if we do see a blowout on this USDT and ETH would be my picks, ETH has just pump hard though so I'd watch out there.

[Anonymous No.1996387]

>>1996364

Ya. Stopping the production of a coin is going to kill it.

That's like saying "We've reached the limit of BTC that can be mined! It's going to go down in value now!"

Just like with gold? Stop all the production of gold! SELL SELL SELL

You tards and your inability to econ 101 is impressive.

[Anonymous No.1996389]

QUICK!! SEND ALL YOUR COINS TO MY WALLET AND I'LL STRATEGICALLY INVEST THEM USING MY 12 POINT SYSTEM TO MAKE SURE YOU KEEP YOUR WEALTH AND THEN SOME!

[Anonymous No.1996393]

To reveal the truth that bitcoin is not at all decentralized if this sort of shit can happen.

70 fucking percent of bitcoin hashing power can be shut down by one fucking person

>pic related

We live in a time where virgin chink able to destroy whole financial ecosystem.

But the positive thing is, altcoin price is gonna skyrocket after this.

[Anonymous No.1996397]

>>1996387
No one can possibly be this retarded

[Anonymous No.1996400]

>>1996387
Are you actually retarded enough to think that mining is unnecessary?

[Anonymous No.1996402]

>>1996393
Ethereum is going to the fucking milkyway if this coincides with the May 1st Alphabay bit.

[Anonymous No.1996403]

>>1996397
it does, /biz/ is full of stupid /pajeet/ anyway

[Anonymous No.1996413]

>>1996387
>digital currency is the same as gold

[Anonymous No.1996414]

>>1996397
>>1996400

> think that mining is unnecessary

[Anonymous No.1996421]

>>1996413

BTC is the 21 century gold standard.

If production of gold stops, the price goes up. Works the same way with BTC.

Not that big of a deal.

[Anonymous No.1996430]

>>1996421
>BTC is the 21 century gold standard

omg you are retarded

[Anonymous No.1996436]

>>1996277
So fucking what? Bitcoin is still going strong.

[Anonymous No.1996437]

>>1996430

Better than being a retarded nocoiner.

[Anonymous No.1996438]

>>1996437
>anyone that doesn't agree with me is a nocoiner

[Anonymous No.1996445]

>>1996436
Because it's midnight in europe.
Early morning in Asia.
Night in USA.

Not many people aware of it yet, just wait until the news spread and people panic sell.

But then again, that's the time to buy the dip. Bitcoin have survived many things, it will survive this.

[Anonymous No.1996455]

>dont know about the 51% attack

If 70% of hashing power is removed than a large mining pool can prevent other miners from completing blocks and jew all the rewards

[Anonymous No.1996456]

>>1996438

>stating the obvious

Ya buddy, that's what I just said. Holy shit you must have been dropped as a baby.

[Anonymous No.1996462]

>>1996421
In a way, it is. It has no inherent value and people only want it because other people want it.


Although gold does have good widespread industrial use.

[Anonymous No.1996467]

>>1996414
>>1996421
Definitely bait.

[Anonymous No.1996472]

>>1996462
>posted from computer equipment that wouldn't work without gold

[Anonymous No.1996478]

>>1996307
It's okay anon.
I hear they have nice spots to sleep under most
overpasses

[Anonymous No.1996480]

A simple news search returns that some guy claimed the same thing about ant back in the summer of 2016. Why is it different this time?

[Anonymous No.1996481]

>>1996462

> gold does have good widespread industrial use

I can't buy crack with gold though. That's where BTC has gold, silver, and fiat at the balls. BTC you can also send around the world and even to the moon. Gold, silver, and fiat come with a fee. It costs much money for gold and silver to be shipped, while fiat you're charged a wire fee that can cost around $30. BTC on the other hand can be send for much less.

[Anonymous No.1996482]

>>1996472
I did concede that gold has good industrial use.

[Anonymous No.1996483]

>>1996472
My bad anon,was raging from the news and started to behave like an animal

[Anonymous No.1996485]

>>1996462
You can also make jewelry out of gold. It's a commodity.
Bitcoin is just digital fiat, except its central bank is an algorithm that follows an immutable schedule.

[Anonymous No.1996486]

>>1996467

You question what I'm saying and result in calling it bait? Is that how you nocoiners cope?

[Anonymous No.1996487]

>>1996445
>Bitcoin have survived many things, it will survive this
Yeah that's what I was implying. I don't think it'll drop much though. People are getting annoyed will all these "news" proclaiming that bitcoin is dead. Only hardfork can cause huge drop.

[Anonymous No.1996490]

>>1996387
If China banned bitcoin, bitcoin would have died as well. Turns out they didn't. Same thing as right now, a bug was found and I'm sure the devs will figure out something so that all their hard work isn't destroyed. But you can let the FUD get to you and panic sell, I'll take your coins.

[Anonymous No.1996491]

>>1996393
altcoin is just as vulnerable. No crypto is safe from this.
That's why you're all retards for shilling this house of cards bullshit.

[Anonymous No.1996502]

>>1996491
Maybe, but this retard made and cash out 50K in the last 2 month trading crypto.

[Anonymous No.1996510]

>>1996502
be sure to report your earnings back after it's collapse.

[Anonymous No.1996512]

>>1996510
Couldn't be negative as I start with 3K back in February.

Right now I purely trade with profit. Even for some dumb fucking reason I lost it all, I'm still in the green.

[Anonymous No.1996519]

>>1996456
I know that's what you said. God damn you're fucking retarded. I'm holding both BTC and ETH but I'm not a moron like you who believes that Bitcoins price will always rise and last forever. It's not gold you dumb fuck.

[Anonymous No.1996529]

>>1996519

Prove to me it's not gold.

You can't.

[Anonymous No.1996543]

>>1996529
Prove to me you're not retarded.

You can't.

[Anonymous No.1996552]

>The Antminers use an open-source code. The code that was pointed out is a feature to allow owners of the Antminers to be able to remotely control their miners. It is not a secret and it does not provide any kind of remote control to Bitmain for the Antminers it does not own or operate in its own mining farms.

THEY AREN'T PATCHING IT OUT HAHAHAHAHAHAHAHAHAHA

[Anonymous No.1996559]

>>1996543

To answer your question, I didn't answer a question with a question - like a retard would.

[Anonymous No.1996575]

>>1996559
How do I answer an illogical question?

[Anonymous No.1996589]

>>1996575

Now you ask a question in response to a statement. You answer an "illogical question" simply by stating the obvious correct answer, of you simply make a gold watch with a BTC addy on the back.

Duh.

[Anonymous No.1996639]

is it crashing now or?

[Anonymous No.1996644]

give me the quick rundown on this

[Anonymous No.1996646]

ETH BUY IN NOW

[Anonymous No.1996652]

>>1996639
Doesn't look like it.
I wonder if this is because the chinks and euros are sleeping or because nobody thinks this is a real threat.

[Anonymous No.1996658]

>>1996644
literally nothing. some mining software has a backdoor that could be exploited by the company (but isn't atm).

the software is opensource so it can be fixed..

[Anonymous No.1996664]

>>1996652
yeah seems like no one is taking it seriously, it's probably nothing

[Anonymous No.1996666]

>>1996658
It can also be exploited by a man-in-the-middle attack because there is no authentication of any kind.
70% of the entire network could be shut down in an instant by one hacker with a margin long on ETH.

[Anonymous No.1996678]

>>1996481
>can't buy crack with gold
I've never met a crack dealer in my life and I am still 110% sure they would rather take the gold

t. buying ETH

[Anonymous No.1996685]

>>1996490
excuse me but what is FUD?

[Anonymous No.1996689]

>>1996685
Fear, Uncertainty, and Doubt

[Anonymous No.1996695]

>>1996689
thanks

[Anonymous No.1996701]

>>1996666
>It can also be exploited by a man-in-the-middle attack because there is no authentication of any kind.
>70% of the entire network

this would require a person to hack into each customer's network?

or just if the company's server is compromised?

nice quads

[Anonymous No.1996707]

Extremely bullish. Now that bitmain has been unmasked hopefully this BU nonsense will end and we might just see segwit.

[Anonymous No.1996711]

>>1996701
I'm no expert on hacking but I think anyone capable of spoofing the domain that the code contacts could shut down all the vulnerable miners simultaneously.

[Anonymous No.1996724]

Did you guys even read the site?
>add one line to your hosts file
Fixed...

Still, shit like this is why I will never buy a meme coin. Any day someone can come out with something that's actually real and fuck it to death. It's only a matter of time
>muh block chain
Get out

[Anonymous No.1996742]

>>1996724
And did you read >>1996552

They aren't going to fix it

[Anonymous No.1996747]

>>1996724
in 10 years anon will be crying and wishing he had bought coins now instead of giving up is robot's wage to access the block-chain based web 3.0 platform

>can't afford an A.I.
>can't even afford Amazon drone delivery of rice krispy treats
>has to take nocoiner upcharge at tesla charging lounge

[Anonymous No.1996751]

>>1996742
You can fix it yourself lol. 1 line to hosts file.

[Anonymous No.1996764]

>>1996462
Golds price has little to do with its actual uses

[Anonymous No.1996778]

>>1996764
You're forgetting about jewelry.
Everyone always forgets about jewelry.
Gold is pretty to look at. That's why gold has been money for a very, very long time.
Bitcoin can't be looked at. It has no physical form. You can't make jewelry out of it.

[Anonymous No.1996792]

>>1996778
I'm not forgetting about it, it's not responsible for the past few decades price launch

[Anonymous No.1996798]

>>1996778
I think bitcoin is pretty. Beauty is in the eye of the beholder. Fuck off with your precious metal normativity about beauty. If bitcoins wants to be pretty then it IS. Shitlord.

[Anonymous No.1996804]

>>1996778
JEWELRY

[Anonymous No.1996805]

>>1996747
Utopia

[Anonymous No.1996822]

[A Good Boy No.1996830]

Hyperbole.

All this means is that the BU miners get raped and the remaining miners march over the corpses, continuing to process bitcoin transactions.

[Anonymous No.1996905]

>>1996778
but bitcoin has other practical uses that gold does not

[Anonymous No.1997024]

>>1996905

Like buying your fav kinda crack

[Anonymous No.1997132]

This is good for Bitcoin. This is also why Proof of Work is superior to PoS.

[Anonymous No.1997202]

hopefully bitcoins dips to 1- 5 dollars. i will buy it all if so

[Anonymous No.1997595]

sounds all interesting and such, but why isnt anything moving so far?
someone should have reacted by now?

[Sage No.1997696]

ITT people who own scamcoins butt mad Bitcoin is at all time high

Keep shilling your pump and dump scams you'll be rich in no time!

[Anonymous No.1997708]

>>1996288
>chinese make hardware with backdoors
It's not that big a surprise to be honest.

[Anonymous No.1997860]

>>1996490
>bug
they intentionally sabotaged miners everywhere with a backdoor that can kill your mining