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Wasn't deliberately taken. That'd be my story if I was the fortunate new owner of 300 million.

Ouch...that's gotta hurt tho. Locked themselves outta the money truck.

1 posted on 11/08/2017 5:25:56 PM PST by 1_Inch_Group
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To: 1_Inch_Group

Today, 1 bitcoin = $7357.06


2 posted on 11/08/2017 5:30:23 PM PST by aquila48
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To: 1_Inch_Group
I am a cryptocurrency newbie, and I have been searching for stories such as this. I am even as yet undecided (I'm still in the learning and research phase) which wallet to use because I feared something such as this could happen. Happily, my mentor, through Udemy, has given me good advice, and I am taking it slow and easy.

Shame about this. I hope no one took a huge hit, though there is this: if one is funding cryptocurrency activity through a simple side business, then one is not taking a hit on income or asset, but only currency.
3 posted on 11/08/2017 5:31:27 PM PST by righttackle44 (Take scalps. Leave the bodies as a warning.)
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To: 1_Inch_Group

And this is why a yellowish metal only made in exploding stars will outlive hard to factor large integers.


4 posted on 11/08/2017 5:33:33 PM PST by SpaceBar
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To: 1_Inch_Group
ooops...
5 posted on 11/08/2017 5:33:40 PM PST by Chode (You have all of the resources you are going to have. Abandon your illusions and plan accordingly.)
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To: 1_Inch_Group

Yes lets get rid of physical money.

When the glitches happen....

When power goes out...

Oh I am being negative. Open up a safe space quick!


7 posted on 11/08/2017 5:42:57 PM PST by Secret Agent Man ( Gone Galt; Not averse to Going Bronson.)
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To: 1_Inch_Group

The reality is that this will happen at smaller levels all the time. A wallet will get destroyed and the contents will be vaporized, regardless of the value.

Bitcoin and all those cryptocurrencies are all about crime and avoiding taxes. You can pay off someone without ever being found out. You can move money out of a country. You can make money without paying taxes. Its laundered money by definition.

No longer do you have to hide gold or diamonds. You just need a thumb drive You can secure the drive with encryption. Or you can just send a bitcoin across the internet to yourself in another country. Think how great this is for thieves. A ransom can get paid without a drop sight. No wonder the value of Bitcoin is going through the roof. Crime is everywhere. And cash means there is a trail that police can follow. But there is no trail with bitcoin.


9 posted on 11/08/2017 5:47:32 PM PST by poinq
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To: 1_Inch_Group

It didn’t seem to effect the price at all....odd.


10 posted on 11/08/2017 5:49:36 PM PST by Husker24
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To: 1_Inch_Group

I hate when $300 million of my Crypto currency dissappears.


25 posted on 11/08/2017 9:15:53 PM PST by DannyTN
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