Crazy that over the weekend it lose 20% of its value and now has regained it in just as many days
BITCOIN as an alternative to regular currency
I've read a few press stories recently of lost/thrown away/forgotten passwords which mean hundreds of millions worth of bitcoin are lost forever. One guy has used 9 of his 10 attempts to retrieve $240 million of coins. Another hid his in a fishing rod which was thrown away while he was in jail. There must be loads of folk in similar situations.
https://www.theguardian.com/technology/ ... in-account
https://www.theguardian.com/world/2020/ ... g-rod-case
https://www.theguardian.com/technology/ ... in-account
https://www.theguardian.com/world/2020/ ... g-rod-case
I heard that $240m one the other day (if it was the web guy paid in BC several years ago for some work), at the time he had used 8 attempts at the time.weemac wrote: ↑Thu Jan 14, 2021 3:49 pmI've read a few press stories recently of lost/thrown away/forgotten passwords which mean hundreds of millions worth of bitcoin are lost forever. One guy has used 9 of his 10 attempts to retrieve $240 million of coins. Another hid his in a fishing rod which was thrown away while he was in jail. There must be loads of folk in similar situations.
https://www.theguardian.com/technology/ ... in-account
https://www.theguardian.com/world/2020/ ... g-rod-case
What a sickening feeling it must be
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I remember years ago signing up for some crypto currency that gave out $15 worth for signing up, can't for the life of me remember which one it was now. Got some for me and my kids, just have to hope it was one of the ones that bombed as there were loads of them around about 8 years ago.
Dallas wrote: ↑Thu Jan 14, 2021 4:01 pmI heard that $240m one the other day (if it was the web guy paid in BC several years ago for some work), at the time he had used 8 attempts at the time.weemac wrote: ↑Thu Jan 14, 2021 3:49 pmI've read a few press stories recently of lost/thrown away/forgotten passwords which mean hundreds of millions worth of bitcoin are lost forever. One guy has used 9 of his 10 attempts to retrieve $240 million of coins. Another hid his in a fishing rod which was thrown away while he was in jail. There must be loads of folk in similar situations.
https://www.theguardian.com/technology/ ... in-account
https://www.theguardian.com/world/2020/ ... g-rod-case
What a sickening feeling it must be
Yes, it was him (8 out of 10 he's used). Another programmer tweeted him saying he'll unlock it for 10%. Would you trust some random on twitter??
Last edited by weemac on Thu Jan 14, 2021 4:09 pm, edited 1 time in total.
Not when Twitter is made up of 90% nut jobsweemac wrote: ↑Thu Jan 14, 2021 4:08 pmDallas wrote: ↑Thu Jan 14, 2021 4:01 pmI heard that $240m one the other day (if it was the web guy paid in BC several years ago for some work), at the time he had used 8 attempts at the time.weemac wrote: ↑Thu Jan 14, 2021 3:49 pmI've read a few press stories recently of lost/thrown away/forgotten passwords which mean hundreds of millions worth of bitcoin are lost forever. One guy has used 9 of his 10 attempts to retrieve $240 million of coins. Another hid his in a fishing rod which was thrown away while he was in jail. There must be loads of folk in similar situations.
https://www.theguardian.com/technology/ ... in-account
https://www.theguardian.com/world/2020/ ... g-rod-case
What a sickening feeling it must be
Yes, it was him. Another programmer tweeted him saying he'll unlock it for 10%. Would you trust some random on twitter??
- wearthefoxhat
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- wearthefoxhat
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Anyone trading Bitcoin?
If so, which platform?
If so, which platform?
Ouch
- Realrocknrolla
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I had an EA that was successful for a while with CMC and MT4. But nothing in the last few months.
CMC have always been good for me!
OMG!
- wearthefoxhat
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Took a look.Realrocknrolla wrote: ↑Thu Jan 14, 2021 6:21 pmI had an EA that was successful for a while with CMC and MT4. But nothing in the last few months.
CMC have always been good for me!
Most of these platforms encourage CFD's and in some cases will expect you to take a leveraged position. Fine if you're on the right side, but a bank-buster if it goes the other way, even if by a small amount.
- wearthefoxhat
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Another one I remember a few years back.
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- abgespaced
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- wearthefoxhat
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Replace ICX with Bitcoin...the mentality is people prefer to buy @ $5 and not 0.50c...abgespaced wrote: ↑Sun Jan 24, 2021 2:58 am$38k.... that's a disaster waiting to happen.
The perfect setup.
Crash Bitcoin, replace it with a centralised, global digital currency.
Controlled by the few at the expense of the many.
Could also come to this too......
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