RT Channel shows the 1 million BTC question (or multi-billion) that a Miami court case might be about to answer.
Bitcoin's Trial of the Century in Miami Could Reveal the mysterious Founder and Shock the Crypto Market.
Bitcoin was launched in 2009 (a single bitcoin was priced at less than a tenth of a penny). 1 bitcoin is now worth more than $50,000.
Various people claim to have created Bitcoin. The trial is playing out in Miami. The so-called "bitcoin’s trial of the century" will result in showing whether the man who claims to have founded bitcoin had a partner.
It seems that a Miami federal judge could order 1.1 million bitcoins to be split in half - a shocking move for the crypto market.
"It’s many hundreds, thousands of wallets containing 1.1 million bitcoin that have never moved that were mined by Satoshi Nakamoto," said Kurt Wuckert Jr., a so-called Bitcoin historian of CoinGeek.
In the crypto world, Satoshi Nakamoto is the pseudonym used by the person, or people, who created bitcoin back in the late 2000s. Satoshi is estimated to hold up to 20% of all bitcoins and is thought to have written and published bitcoin’s "original plan" and protocol for cryptocurrency. However, the true identity of Satoshi is not known.
The so-called Search for Satoshi tries to find the inventor.
It seems that people cannot find Satoshi Nakamoto. He never showed his true identity. It is also possible that "Satoshi" has been dead for some time.
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ReplyDeleteI bet you will have a great time promoting your brand among tens of thousands of bitcoin supporters, miners and blockchain enthusiasts. I think bitmedia can provide high-quality bitcoin advertising while you enjoy watching. It is one of the best, innovative and professional bitcoin advertising networks.
DeleteI bet you will have a great time promoting your brand among tens of thousands of bitcoin supporters, miners and blockchain enthusiasts. I think bitmedia can provide high-quality bitcoin advertising while you enjoy watching. It is one of the best, innovative and professional bitcoin advertising networks.
ReplyDeleteMarkets are changing in these volatile world days. Some people are seeking profits in Bitcoin and Ether. Biden recently has certainly issued Crypto Order. It seems that so-called Bitcoin gained and lost $200 in the minutes after a much-awaited order was issued in the USA.
DeleteCrypto traders booked profit on a short spike in bitcoin (BTC) and ether (ETH) during the European hours as USA President Joe Biden signed a first-of-its-kind executive order on cryptocurrencies.
Amazingly, Bitcoin jumped to over $42,400 before falling to $42,115. Traders took profits on the sudden move.
Ether similarly behaved.
Volatility is certainly currently in the digital assets.
Many expect BTC and ETH to breach new resistances in the near future.
It seems that Bitcoin continues to be in the range between the $38,000 and $44,300.
Keep track of the ups and downs of Bitcoin.
A Crypto Ad Marketplace might be interesting for you. Good luck with your business growth.
This site has a directory of all the 8-bit icons, organized by category. Because it's 2022 and there are more varieties of individuals than ever before, there are a lot of categories to pick from NFT game . Combining two types into a single icon creates something unique and fascinating. If your symbol is popular enough, it may possibly become a top seller!
ReplyDeleteThanks for reading the blog. This is indeed interesting - 8biticon is the OG pixel art avatar maker, having been live since 2012. Try to create the hottest NFT collection the world has ever seen. Pixel art icon constructor is pretty interesting.
DeleteA lot of people don't understand what are NFT. So, they just don't buy it. Think about what are these new purchase options.
Always be careful when you invest your hard-earned money. The NFT market really has been compared by some to a Ponzi scheme. What is a Ponzi scheme? A Ponzi scheme is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors. It has happened that sometimes an NFT bought for millions becomes worth like only $10. What a risky investment, indeed.
90% of NFTs Will Be Worthless in 3 to 5 Years, Coinbase Cofounder Warns. See the news article here: https://observer.com/2021/06/coinbase-cofounder-warn-nfts-worthless-interview/
A non-fungible token (NFT) is certainly a non-interchangeable unit of data stored on a blockchain, a form of digital ledger, that can be sold and traded. Types of NFT data units may be associated with digital files such as photos, videos, and audio. Because each token is uniquely identifiable, NFTs differ from most cryptocurrencies, such as Bitcoin, which are indeed fungible.
Definition of "fungible":
adjective (LAW) (of goods contracted for without an individual specimen being specified) able to replace or be replaced by another identical item; mutually interchangeable.
"it is by no means the world's only fungible commodity"
Commodities, common shares, options, and dollar bills are examples of fungible goods. Assets like diamonds, land, or baseball cards are not fungible because each unit has unique qualities that add or subtract value.
NFT ledgers claim to provide a public certificate of authenticity or so-called proof of ownership, but the legal rights conveyed by an NFT can be uncertain. NFTs do not restrict the sharing or copying of the underlying digital files, do not necessarily convey the copyright of the digital files, and do not prevent the creation of NFTs with identical associated files.
NFTs have been used as a so-called speculative asset, and they have drawn increasing criticism for the energy cost and carbon footprint associated with validating blockchain transactions as well as their frequent use in art scams.
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