Tens of billions of bitcoin lost

1.

The reasons for the sharp rise of bitcoin are very complex, mainly e to the continuous admission of institutional users through the compliance channel. In short, many bitcoin holders do not really understand bitcoin itself, but just regard it as an investment proct with huge profits, but ignore its risks

the concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system

unlike all currencies, bitcoin does not rely on specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography to ensure the security of all aspects of currency circulation

e to the decentralized programming of the bitcoin system, only 25 bitcoins can be obtained every 10 minutes, and by 2140, the maximum number of bitcoins in circulation will reach 21 million. In other words, bitcoin system is able to achieve self-sufficiency, resist inflation through coding, and prevent others from destroying these codes

2.

According to Chaina alysis, a research firm, up to 20% of the existing bitcoin has disappeared forever. At the time of the study, about 3.8 million bitcoins could never be retrieved. In this article, we will explore all possible ways to lose bitcoin

1. Cryptocurrency hackers

the hacker behavior of cryptocurrency exchange is the main reason for the loss of bitcoin. Exchanges are a hot target for cyber criminals, accounting for 27% of cyber attacks in 2018. Mt. GOx was the first high-profile cryptocurrency hacker, but since then, many major exchanges have been hacked, including bitfinex, bitstamp and, more recently, cryptopia, the cryptocurrency exchange in New Zealand, which lost 9.4% of its total positions

Malware

the malware on torrent website and Google play store are used to steal passwords from vulnerable categories. For example, there is a malware clipper that uses users' behavior of ing and pasting wallet addresses to steal passwords. For example, if you send BTC to an address, you usually and paste the address, because it is a long string of random characters, clipper malware will exchange wallet addresses, which means that when you paste, you will send encryption to the wrong address

3.

1、 Open pit mining: in general, diamond mines are mined around kimberlite pipes. The middle of the pipes is the place where high-quality diamonds are most concentrated, which is usually characterized by huge holes. When the Kimberley rock pipeline was found, miners g out vertically from the ground surface

Second, underground mining: this mining method is safer and more efficient, especially with the deepening of the mining process, it is difficult to judge whether to continue mining to expand the mine. Underground mining only needs to open a tunnel to extract diamonds under the surface, which is more reasonable and less dangerous. Sometimes a combination of underground and open-pit mining is used to make a tunnel from the pit into the surrounding rock

Extraction of kimberlite from the mine: kimberlite can be released from the earth's crust by artificial explosion, and a large number of rocks can be destroyed by explosion, but it can not be detected on site. It is wrapped with diamonds and must be transferred to another place for processing and diamond extraction by large trucks and steam shovels, Generally speaking, there are 0.5 carats of diamonds in one ton of mud

(4) percussive Mining: rivers and streams will bring kimberlite to the river bed, shore, or even coastal zone to form percussive sand deposits. Percussive mining is also known as artificial mining, because the miner has to go to the percussive sand deposit to search for diamonds artificially. The farther away from the kimberlite pipeline, the lower the output of diamonds and the more sparse the distribution density of diamonds. Therefore, percussive mining is not suitable for instrial diamond mining

extended data

1. The Kimberley diamond deposit was discovered by the Burnett brothers in 1870. It is this discovery that makes people know which kind of rock may contain diamond. It's a volcanic rock formed after the magma of ancient times cooled. In places where garnet and olivine are proced, the possibility of finding diamond is relatively high. Therefore, garnet and olivine become the "indicator minerals" for diamond

From 1866 to 1914, 50000 miners used shovels and other tools to excavate, and a total of 2722 kg of diamonds were excavated. The South African government is trying to apply for the Kimberley pit as a world heritage site

Third, open-pit mining is a process of removing the covering from the ore body to obtain the required minerals and extracting useful minerals from the open surface stope. Open pit mining operation mainly includes perforation, blasting, mining and loading, transportation and mping. Compared with underground mining, open pit mining has the advantages of full utilization of resources, low dilution rate, suitable for large-scale mechanical construction, fast mine construction, large output, high labor proctivity, low cost, good working conditions and safe proction

4. The bank can come to understand

5. It can be split, and one becomes 1000W

6. Nearly 4 million bitcoins have been lost permanently. Users of these bitcoins lost their private keys in the early days, so the possibility of recovering them is very low. You can download a small chain financial app to learn more about blockchain content.

7. All the other answers are rubbish.. The missing part still exists in the total amount.. The future total is dead. Missing items are also included and will not be cleared out of the total amount.

8. The biggest risk of playing bitcoin is that you lose it when you play.

9.

Research firm chainanaalysis estimates that up to 20% of the existing bitcoin is gone forever. At the time of the study, about 3.8 million bitcoins could never be retrieved. In this article, we will explore all possible ways to lose bitcoin

1. Cryptocurrency hackers

the hacker behavior of cryptocurrency exchange is the main reason for the loss of bitcoin. Exchanges are hot targets for cybercriminals, and Mt. GOx is the first high-profile cryptocurrency hacker. Since then, many major exchanges have been hacked, including bitfinex, bitstamp and cryptopia, the cryptocurrency exchange in New Zealand, which recently lost 9.4% of its total holdings

The deceitful international security and Development Council (IsdC)

the people who have new access to encryption technology have become the victims of false initial token issuance (ICO). They publicize themselves as a new cryptocurrency investment and will get high returns. They use "fear of missing" (fomo) because the project will never come true and the money will never be returned to investors. Experienced investors know how to analyze the project according to the team to assess whether they have the ability to fulfill their commitments, whether they have a minimum viable proct, etc. One of the most famous fraulent ICOS is centra, endorsed by Floyd Mayweather

8. Pump and mping program

coaxing and mping are price manipulation. Swindlers use social media groups to hype projects or tokens called "junk money". Because they have no added value or real use cases, their value will increase exponentially overnight. As soon as the value increases, fraudsters sell their tokens. Soon after that, the price of selling a large number of tokens drops sharply, resulting in huge losses for those who hold them for a long time or buy them at a higher price. Celebrities or people are also used to hype the so-called "ng money"

9. Refrigeration equipment is lost or damaged

many people start using bitcoin when it is not valuable. They throw away their old computers, misplaced hardware wallets, etc., or their computers are damaged

10. Careless

send bitcoin to the wrong address, some wallets and transactions, all options to prevent users from sending bitcoin to the wrong wallet (non bitcoin)

10.

With more and more cases of bitcoin becoming rich, many people realize that the appreciation space behind bitcoin is very huge. Many people are annoyed that they didn't catch the train of becoming rich. Compared with the common legal currency in life, bitcoin is a virtual digital currency. Since its birth in January 2019, the price of bitcoin has increased from US $0.0025 to US $0.0025, After ten years of development, it has successfully broken through to US $31000, and the soaring momentum has not stopped{ RRRRR}

most of them come from bitcoin mined in the early stage of technology. Many people think that these bitcoins are worthless, and they are unwilling to spend time to save them, so they are graally forgotten by themselves, and even many people have long forgotten that they own bitcoin. It must be that those who lost them because they had no hope for bitcoin should regret it now, I can only comfort myself that I have no predestined relationship with sudden wealth