Lost BTC
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
Malwarethe 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
if you still remember the account number and password of the platform where you bought the coin, you can log in, check your coin, and record the private key and public key, so that you won't lose them.
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)
bitcoin is an emerging electronic currency, similar to q-coin, but e to the limited quantity and other factors, it has a certain real currency value. Some countries used bitcoin as wages, but because it is not regulated by any monetary organization, it is still a virtual currency with excessive speculation. As for what you said, can you take it out as RMB? This is not allowed. You can only find someone to exchange US dollars and then exchange RMB. If you are lucky and meet Chinese players, you can also exchange RMB directly with them. As for professionalism, you don't need to know too much, just know that it doesn't belong to controllable currency
Yisheng wealth management group will answer for you