5 Years Later, Mt. Gox Victims Still Want to Know: ‘Where’s our Bitcoin?’

It seems like just yesterday when Bitcoin investors were startled by the news that Mt. Gox, one of the world ’s first Bitcoin exchanges, was in serious trouble. Five years ago, on Feb. 24, 2014, reports began circulating that the Bitcoin exchange had lost three-quarters of a million bitcoins. One day later, the company – perhaps the closest thing to a single point of failure in the Bitcoin industry – announced that it was shutting down operations. I hope this isn't true, but I received report allegedly from Mt. Gox which says they have lost 750,000 BTC #bitcoin. http://t.co/3Rjxw4fb4b —

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1) Did you know: Between 2010 and 2013 former Mike Hearn, then a tech lead at Google’s offices in Zurich, Switzerland, designed a security system that was later tapped by the NSA and GCHQ. The Snowden leaks revealed the existence of the surveillance taps in late 2013.

1) Did you know: Between 2010 and 2013 former Mike Hearn, then a tech lead at Google’s offices in Zurich, Switzerland, designed a security system that was later tapped by the NSA and GCHQ. The Snowden leaks revealed the existence of the surveillance taps in late 2013. submitted by /u/Bitcoin_21
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Bitcoin – The Currency of the Internet

The difficulty drop coming with the next block (about -15%) is the second biggest, bitcoin has ever seen. The biggest was 2011/10/31 (-18%), after which the price doubled within two months. 15 months later price found itself 20-folded.

The difficulty drop coming with the next block (about -15%) is the second biggest, bitcoin has ever seen. The biggest was 2011/10/31 (-18%), after which the price doubled within two months. 15 months later price found itself 20-folded. submitted by /u/castorfromtheva
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Bitcoin – The Currency of the Internet

The World Bank stopped tracking inflation in Zimbabwe in November 2008, when it reached 79.6 billion percent. One year later, the country abandoned its currency. The exchange rate at the time was $35 quadrillion Zimbabwean to $1 USD…. inflation kills!

The World Bank stopped tracking inflation in Zimbabwe in November 2008, when it reached 79.6 billion percent. One year later, the country abandoned its currency. The exchange rate at the time was $  35 quadrillion Zimbabwean to $  1 USD.... inflation kills! submitted by /u/Crevative
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Bitcoin – The Currency of the Internet