What Would You Buy With 30,000 Bitcoins?
So, the US Marshals are auctioning off 30,000 BTC. In 2009, that wouldn't have been worth very much, but at the time of writing, CoinDesk's Bitcoin Price Index puts that at a cool $17,610,000. It's a tiny fraction of the overall number of bitcoins in circulation, but here at CoinDesk, we certainly wouldn't turn it down. What could you spend it on? Here are a few ideas. A little over one-sixth of David Siegel's house. David Siegel is the billionaire owner of Westgate Resorts Ltd, the largest privately-held timeshare company in the world. His 15-bedroom, 30-bathroom home was featured on the....
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Most of the times I introduce bitcoins to people who don't know about it, they invariably reply: "Where could I use them?" I would usually reply "at any merchant that accepts bitcoins." But now I'm able to reply "Anywhere". The next question most people ask is "But where do I get bitcoins in the first place?" I'd usually mention localbitcoins or Coinbase. But now I'm able to tell them about Brawker. Brawker is proxy buying service that allows you to both buy bitcoins and purchase anything on the internet using bitcoins with a guaranteed discount, just for using bitcoins. Here's how it....
How many bitcoins have been mined so far? How many bitcoins did the FBI seize during the Silk Road investigation? Where did all those bitcoins go? Who has the most number of bitcoins in the world? These are some of the questions that are bound to be asked at one time or another, unless you have already asked that to yourself. Starting with, How many bitcoins have been mined so far? To give you the statistics, out of the total 21 million bitcoins to be mined, over 14.75 million bitcoins are already mined. The total number of bitcoins mined so far can be found at this link. Time for the next....
Just some of the addresses included at btcburns.cf. James Howells threw a hard drive with 7,500 bitcoins away. He had mined the coins back when they were worth very little. He has yet to find his hard drive at the dump. Dump workers say he never will. Howell is not the first person - nor the last - to lose bitcoins. According to the website btcburns.cf, 397 bitcoin addresses have burned 2,673.4075 bitcoins. There have been 15,617,100 bitcoins mined, meaning 0.018289588948355% of bitcoins created have been burned. Approximately 0.0002 are burned for each bitcoin mined. If this rate remains....
Looking for an easy medium to trade Bitcoins (buy or sell) against cash, Paypal, gift cards, bank transfers and others? Bitcoins for all your need. Earn money or spend it, your new online currency the bitcoin gives you the much-desired anonymity along with flexibility in the amount of money you spend. Indeed, one may spend in thousands or even in fractions of a penny with the help of bitcoins. Paxful helps you cover all your bitcoin needs. When you buy bitcoins at Paxful, it sets up a wallet for you instantly. Through this, you can transfer your money or indulge in trading with your....
As reports of a new Covid-19 strain spread, tanking the price of many cryptocurrencies, El Salvador bought the dip. The country has added 100 more bitcoins to its treasury despite a recent warning by the International Monetary Fund (IMF), bringing the total number of bitcoins purchased to 1,220. El Salvador Buys the Dip: 1,220 Bitcoins Purchased to Date El Salvador has taken advantage of the Friday sell-off and purchased 100 more bitcoins as reports of a new coronavirus variant spread. The Salvadoran president, Nayib Bukele, tweeted on Black Friday that his country has bought the dip.....