Bitcoin Fact No.2 Approximately 4 M Bitcoins have already been lost, could be 5 million by now
According to research by Blockchain analysis company, Chainalysis (which Luno works with), as of the end of 2017, almost 4 million Bitcoin could be considered lost. Since then it is a safe guess that the number might have reached 5 million. This is almost 30% of the total Bitcoin circulating supply of 17 million.
Ways by which Bitcoin can get lost
• Lost or discarded devices
• Forgetting about it
• Sending to a wrong address
• Forgotten private keys and passwords
https://bitcointalk.org/index.php?topic=782.msg8620#msg8620
https://www.telegraph.co.uk/technology/2017/12/03/unlucky-man-accidentally-threw-away-bitcoin-worth-100-million/
https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-value-james-howells-newport-landfill-hard-drive-campbell-simpson-laszlo-hanyecz-a8091371.html
https://medium.com/luno-money/where-do-lost-bitcoins-go-7e8dd24abd0f
https://www.ccn.com/6-million-bitcoin-is-lost-or-stolen-should-the-real-value-of-btc-higher/
https://www.paymill.com/en/blog/24-unbelievable-facts-about-bitcoin/
Bitcoin Fact No.3 The biggest Bitcoin Hack: the creation of 184 billion BTC in 2010
Till now, Bitcoin wiki has listed a total of 40 bugs in the network of different forms, but none came close to the integer overflow incident.
On August 15 2010, core developer Jeff Garzik noticed that the Bitcoin Block 74638 has quite strange transaction outputs. Each transaction on the block stood at a whopping 92.2 Bn BTC apiece. The bug is known as the integer overflow bug.
https://bitcointalk.org/index.php?topic=822.0
https://hackernoon.com/bitcoins-biggest-hack-in-history-184-4-ded46310d4ef
https://news.bitcoin.com/bitcoin-history-part-10-the-184-billion-btc-bug/
https://bitcointalk.org/index.php?topic=822.0
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How much bitcoin is left after all the lost btc?
BTC undervalued
Bitcoin fact 69. Bitcoin is a scam. Bitcoin fact 70 bitcoin was created to rip peasents of by creating a false sense of becoming a millionaire
Bro you legit made me think my ledger is empty, not cool
Great video!
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Don’t waste much of your Time on this fake scammers DM HackerDoe to get your hack done on your wallet +16692285766 He just helped me hack 4BTC in to my wallet.
I got so surprised by Hacker Doe he helped me hack 4BTC in to my wallet with an affordable fee ?He his legit No doubts
Wow! Really with the title! Shame on you guys. Unsubscribe
Silly title. Very disappointing.
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Hi, is Luno a good and safe exchange ?
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Does that first version still exist?
That’s one strike. I don’t give 3. Don’t do it again!
Major clickbait but I dig it! ?❤️ thanks for vid
Let’s collab sometime
That’s not 180 billion bug.. this youtube turned stupid after Jeff
Back in mid 2017, I lost about 7 BTC on scams ??♂️
Scammer stole around 10,000 BTC from people.
This is great info
Do you enjoy spreading Fud On your Titles? ?
First