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One means it's already in place. Another says finding out what the hell this new thing is. Which is it? |
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ChiefRocka , now we know your real name:
Cameron and Tyler Winklevoss used $11 million from their $65 million payout from their Facebook lawsuit against Mark Zuckerberg to invest in bitcoin back in 2013. At that time, the cryptocurrency was priced around $120 and the Winklevoss twins claimed to own almost 1% of all bitcoin in circulation. The price of a single bitcoin is above $11,000 now and the cryptocurrency’s market capitalization is $187.6 billion, as of this writing. Hence, the total value of bitcoins held by the twins is worth more than one billion dollars. In an interview with the Financial Times last year, the Winklevoss twins said they “see bitcoin as potentially the greatest social network because it is designed to transfer value over the Internet.” They claim bitcoin is better than gold and “matches or beats” the precious metal across its nine foundational traits, such as scarcity and portability. Read more: Winklevoss Twins Are Bitcoin's First Billionaires | Investopedia https://www.investopedia.com/news/wi...#ixzz50IfXmSxr Follow us: Investopedia on Facebook |
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I’m not sure how someone could “hack bitcoin” it’s not stored in a central location and even the major exchanges store 90% in cold storage. It’s decentralized and many online wallets have been hacked, the network itself would be very close to impossible to hack.
I’m also a novice in this though and am going off everything I’ve read. Can you elaborate on how you can see Bitcoin getting “hacked”? Honest question, as I have a lot of my savings in bitcoin/Ethereum. |
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See AustinChiefs post #38 when this thread stated back in 2013. I've already said this several times. I'm not talking about hacking the bitcoin itself just hacking where it's stored to steal it. I was paid major $'s to architect two different blockchain models. I got on this blockchain model early. I worked as a security architect in a place with the best hackers in the world that was itself hacked 1 million times a day. I don't say this to brag but because I like you, to make it known to you that on this particular specific subject, I can speak with authority. And I'm telling you that your money is probably safe however there are many states, groups, serious and very capable ones that on the verge of being able to hack bitcoin stores. I personally would not be staking my financial future on something that will be hacked. |
I'm making some money off IOTA right now. Seems to have a bright future...
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This post?
There have been tons of online wallets hacked for big money, a few exchanges have had major problems. But the demand has continued to soar. Quote:
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https://medium.com/@Zero404Cool/trez...s-761eeab03ff8 |
Bitcoin $13,710
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LOL Good Lord.
I remember reading about this stuff years ago and didn't think much of it. To think, if I'd invested only a couple hundred dollars what I would have now.. |
Over $14,000 now
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