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Author Topic: 650,000 Bitcoins got lost from Blockchain ?  (Read 282 times)
First77
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June 24, 2018, 02:22:31 PM
 #41

The coins are still stored in the Blockchain, they just shifted from their original address to another address not owned by the account holders on the MtGox exchange. You cannot remove any coins from the Blockchain, but you can mix the coins up a little that they cannot be traced back to the original owner.  Wink

The hackers also become anonymous because Bitcoin has anonymity for its users. Negative side of Bitcoin. It is like stealing money from tax evaders who are hiding their money under the carpet.
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June 24, 2018, 02:29:42 PM
 #42

It reminds us to be more careful in storing bitcoin in the wallet or in exchange, the more bitcoins are stolen the more negative value for investors who are afraid to invest in cryptocurrency.

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June 24, 2018, 02:55:49 PM
 #43

They are not lost but they are stolen. There are an estimated sixteen to seventeen million Bitcoins that are completely lost forever because wallet owners forget their wallets and remove them. Any exchange or other service that loses coins due to theft or loss of data, is simply the result of how incompetent or shady the service or exchange is concerned. People are people who do not mess up Bitcoin, but it does not seem like something controlled by an empty mainstream media source.
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June 24, 2018, 03:02:22 PM
 #44

should be for anyone who is party to the currency of cryiptocurrency. should be able to provide public facilities. both in terms of asset security. and so forth. so the bitcoiners do not get nervous and afraid to invest in bitcoin .

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June 24, 2018, 03:13:34 PM
 #45

They are not lost but they are stolen. There are an estimated sixteen to seventeen million Bitcoins that are completely lost forever because wallet owners forget their wallets and remove them. Any exchange or other service that loses coins due to theft or loss of data, is simply the result of how incompetent or shady the service or exchange is concerned. People are people who do not mess up Bitcoin, but it does not seem like something controlled by an empty mainstream media source.
Is this a joke? 16-17 million is almost all the coins that are mined at the moment. I heard that the lost are considered about 2.5 million bitcoins. Bitcoin theft from the exchange is the result of management incompetence. That's why I never keep my coins on exchanges. I keep in the refrigerator and send to the exchange only when I need to make an exchange.

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June 24, 2018, 03:35:04 PM
 #46

When Mt. Gox collapsed in 2014, some 650,000 bitcoins were lost. While it was a rather big sum four years ago, it is now worth $5.2 billion. Another big failure may result in a total loss of confidence in the cryptocurrency, resulting in an exodus to fiat money and commodities.

Last week, $500 million in NEM cryptocurrency were stolen, adding more concerns about the lack of security of investing in cryptocurrencies.

https://www.rt.com/business

650,000 Bitcoins got lost from Blockchain ??
I think that is not lost. that is stolen. Coin still on Blockchain and still someone can transfer it through another wallet!
Digital money must do well to be secure and encrypt the data!

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July 02, 2018, 11:32:31 PM
 #47

As far as I know, the funds from Mt.Gox were stolen and are now kept by someone. The biggest problem now is the inadequate security of crypto-exchange platforms and I believe that project developers must take care first of all of security before launching. As soon as the developers start to protect their projects normally we will be able to see the active growth of the crypto currency.

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July 06, 2018, 04:36:48 AM
 #48

Hackers are not lacking in the world, they are skilled but do illegal work, Bitcoin is the property, so the best preserve, You will suddenly convert all your fiat currency into bitcoin? No, I'm very suspicious of that. People need to stop blaming Bitcoin, it is not a bitcoin vulnerable to attacks, it is the trading floor does not guarantee their property security.
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July 06, 2018, 04:54:23 AM
 #49

those 650000 has the owner of mt gox, he stole and sold them a part in 20,000 and the payment to customers in 8000 and he earned money if and nem a security flaw but bicoin is still the leader and part of them there are many lost bitcoins that people voted their private keys are lost every day around the world several bitcoin

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July 06, 2018, 08:55:57 AM
 #50

When Mt. Gox collapsed in 2014, some 650,000 bitcoins were lost. While it was a rather big sum four years ago, it is now worth $5.2 billion. Another big failure may result in a total loss of confidence in the cryptocurrency, resulting in an exodus to fiat money and commodities.

Last week, $500 million in NEM cryptocurrency were stolen, adding more concerns about the lack of security of investing in cryptocurrencies.

https://www.rt.com/business

650,000 Bitcoins got lost from Blockchain ??

That is the main reason why bitcoin price is so expensive than 2014 now. Many coins lost, and the demands keep increasing.
If many peoples want to buy bitcoin but the circulating supply is low, then bitcoin price will increase over time.

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July 06, 2018, 09:15:02 AM
 #51

could be because of the scams that are out there all the time, one gotta be really careful with these
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