Take care of your private key! Ten,000 dollars is coming!

in #btc5 years ago

Between 2.78 million and 3.79 million bitcoins have been lost, according to a new study by Chainalysis, a digital forensics firm that specializes in the Bitcoin blockchain.
This set of figures means that 17% to 23% of Bitcoin sits.

Bitcoin opens today at 9019, down 8911, 9397, and is now trading at $9281 (open edgy 0 a.m.
With six days to go before Bitcoin is about to hit the mark. It is believed that in these 6 days, Bitcoin still has the momentum to continue to rush up.
Bitcoin's next pass is 9500-9800, this interval break sway editist basically no block, the principal roughly expected the script is in these days, Bitcoin will be high-frequency regional shock way up, may be day shock, night pull.
The final price is around 11000-12000 at half-time. Half the day should still be the rally, but half should have a larger correction,
Short-term operation of the idea or a word: back to make up, break through the chase.

Bitcoin is struggling to gain a bullish head above $9,000. BTC must climb above $9,200 to prepare for a near-term $10,000 rise.

  1. Bitcoin's trading range is wide, below the key $9200 resistance level.
  2. Prices are consolidating above the $8,800 and 100-hour simple moving average.
  3. On the BTC hourly chart, there is a key shrink triangle forming with resistance close to $9040.
    Both price conditions must soar above $9,200.

By 2140, when all 21 million bitcoins are mined, the actual amount available for trading or expenditure will be significantly reduced.
Stolen bitcoins are not lost because they can still be used.
We're talking about really lost bitcoins.

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Just as gold bars can sink to the bottom of the ocean forever, and bills burn, bitcoins can disappear from the Internet forever.
The researchers found that 64% of Bitcoins had never been used.
A large part of it can no longer be recovered.

Some believe that even the mysterious creator of Bitcoin, Mr Nakamoto, may have lost his private key.

Bitcoin is lost for a variety of reasons.
For example, the owner died, the hardware failure, or even just carelessness.
In 2013, a Welshman, James Howells, accidentally threw an old hard drive containing his bitcoin private key, causing 7,500 bitcoins to be lost.

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If Howells had paid a little attention, he was now a multi-millionaire.
Today, the hard drive is still located under tons of garbage at the Newport Waste Recycling Centre.
"When I went to the landfill yesterday, my first thought was 'I didn't have a chance'. "
"I kept my hard drive in an office drawer for three years and never remembered it again. I completely forgot about it, and family life and moving were a distraction for me. He told the BBC.

As of July 2018, a total of 6 million bitcoins were inaccessible and permanently lost on the blockchain.
As a result, the maximum supply of Bitcoin cannot reach 21 million.
Over the past few years, prominent investors and analysts in the cryptocurrency sector have said that bitcoin could cost between $100,000 and millions of dollars because only 15 million bitcoins exist.

The lost bitcoin is like a letter delivered to an empty house that is permanently uninhabited, and it's there, but no one can open the door to retrieve it.

"None of the 1 million bitcoins he mined have moved," said Kim Grauer, a senior economist at Chainalysis, a Manhattan-based digital forensics firm. "

BTC's current technical strength could soon push through the $10,000 mark. Bitcoin has shown great potential strength as momentum builds, and it looks like btC's strong upward trend is likely to continue.

Remind you again, take care of your private key!

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