Monat: Januar 2021

When a bitcoin was worth $ 100 – Here is a new life trajectory that has been completely altered by Bitcoin (BTC). After the story of a gamer who discovered Bitcoin Profit review in 2011 by chance, thanks to a video game, today we are going to tell you that of a video game developer, who made his fortune thanks to the king of cryptocurrencies.

A discovery in 2 steps: a rejection, then an investment

John Ratcliff’s adventure , now 59, begins in 2012 , when he was offered his first bitcoin . As he explains in his testimony to the New York Post, he did not initially particularly appreciate being offered this strange and almost unknown „digital currency“, which was then only worth $ 13 a unit.

His perspective began to change in 2013 , when he explained that he saw that:

“[Bitcoin] was worth $ 72. So I took my wife to a nice dinner to celebrate. “

This video game developer, who lives in Colorado, then learned more about the incredible potential of this new invention. This is how he then decided to invest what represented for him a large amount of money in Bitcoin .

Also in 2013, he bought $ 15,000 worth of bitcoins, at $ 100 each . If he had kept them all, his 150 BTC would be worth over $ 5.1 million , as of this writing.

He offers himself a dream house and a state-of-the-art Tesla with his BTCs

John Ratcliff, however, does not HODL all of his bitcoins, and has offered himself with some “little” earthly pleasures.

First, he explains that he is waiting for his new $ 250,000 Tesla Roadster to go into production. A racing car he pre-ordered thanks to the sale of 6 BTC.

But his greatest gift thanks to Bitcoin is his new home, which he is currently overseeing the construction of. The $ 1.4 million with a view of the mountains of Colorado, the video game developer indulgent. As he jokes:

“My wife wanted to call our new home ‚the Bitcoin Mansion‘. But I told him it sounded a bit too kitsch.“

John Ratcliff also took the opportunity to pay off his children’s student loans , buy a house for his nephew, and set aside some of his crypto fortune for charity .

The 5 biggest attacks on bitcoin exchanges

The decentralised Bitcoin network has no single point of failure, which is more than can be said for centralised Bitcoin exchanges. An overview of the five most devastating exchange hacks in bitcoin history.

1.Coincheck? Coins gone!

The Japanese exchange Coincheck suffered a momentous attack in early 2018. Hackers managed to siphon over 500 million units Crypto Comeback Pro of the cryptocurrency NEM from the exchange’s wallets. The damage amounted to over 450 million euros; 216,000 customers were affected. The exchange kept the customer funds in hot wallets instead of storing them offline. The company paid for the damage out of its own funds.

2.Mt.Gox: The biggest bitcoin theft ever

The Mt.Gox hack has long been the epitome of a disastrous bitcoin exchange hack. In 2014, the exchange – which was responsible for over 70 percent of BTC transactions at the time – was relieved of a horrendous 850,000 bitcoin. The equivalent value at the time: just under 400 million euros. Mt.Gox was originally an exchange platform for Magic-the-Gathering cards and was founded by Jed McCaleb, who, however, vacated his seat for Mark Karpelès and later took key positions at Ripple and finally at Stellar. Mt.Gox filed for bankruptcy after the incident.

3.Bitfinex hack: 120,000 bitcoin missing

Bitfinex also no longer has a clean slate when it comes to hacks. In a momentous attack on the trading platform, hackers captured a whopping 120,000 BTC in 2016. Bitfinex is still trying to regain possession of the coins. In August, the Bitcoin Exchange offered a reward of up to 400 million US dollars if it could get all the Bitcoins back. The offer is also directed at the perpetrators: the exchange promises to preserve their anonymity if they decide to return the 120,000 BTC. However, the hackers have so far shown little interest in the Bitcoin exchange’s advances.

4. bitgrail: small fry (NANO) also make crap

It was not Bitcoin but NANO that the masterminds behind the attack on the Italian crypto exchange Bitgrail captured. In February 2018, the perpetrators were able to extract NANO worth a total of 160 million euros from the exchange’s wallets. The exchange’s operators blamed the developers of Nano, saying a bug had led to the failure of their Nano Full Node and ultimately enabled the attack. Nano rejected the accusation. The competent Florence court ordered the permanent closure of the exchange in May 2018.

5 QuadrigaCX Inside Job Costs Customers 144 Million US Dollars

That centralised bitcoin exchanges offer a single point of failure does not only apply to outside attacks. Gerry Cotten, the now deceased CEO of the Canadian Bitcoin exchange QuadrigaCX, had apparently been playing fast and loose with customer money for years. Among other things, Cotten is said to have traded with his customers using fake accounts and falsified account balances. In the process, he also used „fake“ Bitcoin, i.e. BTC that only existed in the Excel spreadsheets of the now-defunct exchange. In this way, Cotten embezzled 22,488 Bitcoin, 429,966 Ether as well as Bitcoin Cash, BSV, Bitcoin Gold and Litecoin with an equivalent value of at least 144 million US dollars at the time.

Hedera Hashgraph presenta la Apostilla Electrónica PoC al Secretario de Estado de Texas

Sin embargo, no hay indicios de que nadie haya solicitado tal prueba de concepto.

La plataforma de cadenas de bloqueo de empresas Hedera Hashgraph ha presentado una prueba de concepto, o PoC, al Secretario de Estado de Texas, que muestra el potencial de la tecnología de cadenas de bloqueo para emitir, asegurar y verificar documentos.

La PoC fue una colaboración con el proveedor de servicios de contenido, Hyland, y fue encabezada por Cryptosoft la asociación comercial, el Texas Blockchain Council, que anunció la empresa el 11 de enero.

Se centra en un sistema de emisión de Apostillas electrónicas. Una Apostilla es un método para verificar que los sellos y firmas de los documentos emitidos por las autoridades públicas son auténticos.

Un documento apostillado es reconocido internacionalmente como legalmente válido en los 118 países que son parte de la Convención de Apostilla, que originalmente data de 1961.

Texas para solicitar comentarios

No hay ninguna indicación de que se haya solicitado esa prueba de concepto y, aunque Cointelegraph se dirigió a la oficina del Secretario de Estado de Texas para solicitar comentarios, no se había recibido ninguna respuesta en el momento de la publicación.

El Consejo de Cadenas de Bloqueo de Texas se creó en 2020, con el objetivo de convertir el estado en una jurisdicción amiga de las cadenas de bloqueo. Buscan tanto promover el uso de la tecnología dentro de las empresas locales, como impulsar al estado como un lugar para las empresas e inversores de cadenas de bloqueo existentes.

Hedera Hashgraph ha establecido una fuerte presencia en el estado, con el CEO, Mance Harmon explicando:

„Estamos encantados de mostrar al Secretario de Estado de Texas y Hyland cómo las cadenas de bloques y los libros públicos permiten a las agencias gubernamentales ofrecer servicios de próxima generación a sus electores de forma rentable“

Una compañía minera de Bitcoin (BTC) de la región ha estado obteniendo un beneficio considerable vendiendo electricidad a la red en días en los que la temperatura exterior significa que la minería no es económicamente práctica.

Bitcoin hit a new all-time high on January 6.

Daily technical indicators are bullish, but smaller timescales are showing signs of weakness.

BTC broke a short term descending resistance line.

On Wednesday, January 6, the price of Bitcoin Pro reached a new all-time high of $ 35,879.

Despite some weaknesses in the smaller timescales, Bitcoin is expected to continue to climb towards $ 39,000.

Another record high for Bitcoin

On January 3 and 4, BTC created two successive bearish candlesticks , a shooting star and a hangman . When found in an uptrend, they are normally bearish reversal signals. These indicators suggested that BTC was likely to decline.

That said, these bearish elements were eclipsed by a bullish candlestick on January 5, which virtually broke past previous highs.

On January 6, BTC finally hit another all-time high of $ 35,879.

In the day data, technical indicators have yet to show any sign of weakness.

The six-hour chart shows that despite the new highs, both the RSI and the MACD show considerable weakness in the form of bearish divergences.

The divergence of the MACD is visible in the histogram as the line thereof. That said, the RSI has yet to complete a bearish swing failure (also known as “ swing failure ”).

The two hour chart shows a break above a descending resistance line which catalyzed the upward movement

For the price to continue to rise, it needs to validate the $ 34,500 area as support, and stay above it.

The wave count suggests that BTC is in sub-wave 5 (in orange) of wave 5 (in blue).

While the rally is extremely wide and a correction is long overdue, the move on January 6 increases the possibility that BTC will have one more high to hit before its correction.