The BIGGEST Bitcoin HACK in History | 184 Billion BTC BUG | Lost BTC

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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, melkein 4 million Bitcoin could be considered lost. Since then it is a safe guess that the number might have reached 5 miljoona. This is almost 30% of the total Bitcoin circulating supply of 17 miljoona.
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/

The Curious Case of 184 Billion Bitcoin


https://bitcointalk.org/index.php?topic=822.0
https://www.coinmama.com/blog/40-surprising-facts-about-bitcoin

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NOTE The information discussed on the Altcoin Buzz YouTube or other social media channels is not financial advice. Tämä tieto on opetustarkoituksiin, kattava ja viihde ainoastaan. Kaikki informaatio ja neuvoja tai sijoitusstrategiat ovat ajatuksia ja mielipiteitä vain, relevant to accepted levels of risk tolerance of the narrator and their risk tolerance maybe different than yours. Emme ole vastuussa tappioista. Bitcoin ja muut cryptocurrencies ovat korkean riskin sijoituksia joten tee due diligence ja kuultava taloudellisena neuvonantajana ennen kuin toimii toimitetuista tiedoista. Copyright Altcoin Buzz Oy. Kaikki oikeudet pidätetään.

The BIGGEST Bitcoin HACK in History | 184 Billion BTC BUG | Lost BTC

28 kommentit

  1. Not in my head but in the head of new people who get scared and sell everything at a loss for reading titles like that. It’s your channel and you can do what you want but please think about newbys.

  2. @rederad It’s best not to worry about noobs who will be making decisions on the basis of reading merely the title of a video on youtube. The title we used is an actual fact and imo an important part of bitcoin’s history.

  3. @Altcoin Buzz So i dont have a hardware wallet, so not sure what i can use for software, i decided to use Bitcoin

    Core. Apart from the wallet.dat file, why do u need the private keys? i dont really understand , because if i take the wallet.dat and over write or use on a new instance of the Bitcoin Core wallet, i can then use that wallet again, oikea ?

  4. For a channel named “Altcoin Buzz” you sure do cover BTC a lot hahah! Here’s hoping to a video to Security Tokens, STOs and their Platforms, and Dusk Network in particular!

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