Cryptocurrency

[scooterscot]

I agree but it could go either way. Do I want to risk my £7K becoming £1K though.

No you don't. But the crypto market capital is probably hitting or has hit as low as it's going to go for the coming months.

[greenlake]

John McAfee, the colorful founder of his namesake antivirus software company, as well as a former fugitive and passionate cryptocurrency backer, says bitcoin is headed toward the $500,000 mark within three years.

Cybersecurity legend: ‘I will eat my dick’ if I lose $500K Bitcoin bet | New York Post

[AtW]

Cryptocurrency is the future innit -

"An unknown hacker has used a vulnerability in an Ethereum wallet client to steal over 153,000 Ether, worth over $30 million dollars. The hack was possible due to a flaw in the Parity Ethereum client. The vulnerability allowed the hacker to exfiltrate funds from multi-sig wallets created with Parity clients 1.5 and later. Parity 1.5 was released on January 19, 2017. The attack took place around 19:00-20:00 UTC and was immediately spotted by Parity, a company founded by Gavin Wood, Ethereum's founder. The company issued a security alert on its blog. The Ether stolen from Parity multi-sig accounts was transferred into this Ethereum wallet, currently holding 153,017.021336727 Ether. Because Parity spotted the attack in time, a group named "The White Hat Group" used the same vulnerability to drain the rest of Ether stored in other Parity wallets that have not yet been stolen by the hacker. This money now resides in this Ethereum wallet. According to messages posted on Reddit and in a Gitter chat, The White Hat Group appears to be formed of security researchers and members of the Ethereum Project that have taken it into their own hands to secure funds in vulnerable wallets. Based on a message the group posted online, they plan to return the funds they took. Their wallet currently holds 377,116.819319439311671493 Ether, which is over $76 million."

https://news.slashdot.org/story/17/0...ti-sig-wallets



Fooking awesome - you wake up one morning and all money from yer wallet were stolen by the White Hats

[AtW]

Cryptocurrency is like Brexit, only makes a bit more sense

[seanalltogether]

I lost $2000 when mtgox went under, although that was all from coins i mined in a pool previously. I'm fascinated with them from a technical perspective, but from an asset perspective there are too few failsafes for me to jump back in any time soon.

[AtW]

I am waiting for MF to invest £10k.

Then I'll wait a few decades more.

[WTFH]

I am waiting for MF to invest £10k.

Then I'll wait a few decades more.

You realise there's probably a hedge fund manager reading this forum who is making a killing by hedging against MF.

[AtW]

You realise there's probably a hedge fund manager reading this forum who is making a killing by hedging against MF.

Nah - there is an old saying: never bet against MF. Or was it FRS?

[ChimpMaster]

Cybersecurity legend: ‘I will eat my dick’ if I lose $500K Bitcoin bet | New York Post

It's when people ("experts") make these big calls, that you can usually tell the market will soon crash.

He's talking about BTC being up 3% the other day. No sh1t Sherlock, most cryptos were down 40% last week.

[scooterscot]

Cybersecurity legend: ‘I will eat my dick’ if I lose $500K Bitcoin bet | New York Post

He's probably not wrong, I've heard that number from others n all.