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Topic: $70000 Lost, Steve Wozniak, the co-founder of Apple - page 2. (Read 278 times)

hero member
Activity: 910
Merit: 501
I have read that he sold the coins and the buyer used a stolen credit card to pay for them.
After Wozniak sent the coins, the dollar payment that was sent by credit card was aborted.
Coins gone, dollars never received. Kind of bad luck, but actually not a very safe way to sell coins.
I suppose that Wozniak does not depend on those 70K, because he still has about 100 million dollars left.
newbie
Activity: 4
Merit: 0
I believe it was credit card fraud. Someone reversed the cc transaction on him.
member
Activity: 420
Merit: 10
Interesting he use windows or mac os and how btc's was stolen ?
hacked their laptop ?
some one say there  what apple os safe ?
full member
Activity: 383
Merit: 161
I don't think it will affect the market. Well, at least not in a big way. People have been known to lose bitcoins for some time. It really is worrisome since Steve Wozniak is a brilliant guy. Someone as tech savvy as him to lose coins might ward off some new comers, but I don't see this hitting big news. People in the past have lost even more.
hero member
Activity: 3080
Merit: 603
Wozniak said,
“I had seven bitcoins stolen from me through fraud,”
Now at $70000 market price rate. (Source - CNBC)
It is really shocking.
Will it effect on bitcoin market?
This is the link since you don't have clickable source
http://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-latest-steve-wozniak-apple-stolen-cryptocurrency-scammers-hacking-mining-a8230801.html

I have watched this news on CNBC crypto facebook page and this will not stop him on supporting crypto.
newbie
Activity: 54
Merit: 0
The statistic presents the total number of Bitcoins in circulation from first quarter of 2011 to fourth quarter of 2017. The number of Bitcoins has been growing since the creation of this virtual currency in 2009 and reached approximately 16.78 million in December 2017. Those 7 would relate to .00004% of the total Bitcoin and will a a minimal effect. The focus should be with the news and how part it spread. This kind of negative news might have a great impact especially in investor.
member
Activity: 318
Merit: 10
EHFIRST
7 bitcoin is a very huge amount. I think bitcoin price will fall 20%-30% in the next couple of days.
if it was 10 bitcoin more - we could say that bitcoin era is over.
full member
Activity: 196
Merit: 103
Wozniak said,
“I had seven bitcoins stolen from me through fraud,”
Now at $70000 market price rate. (Source - CNBC)
It is really shocking.
Will it effect on bitcoin market?

7 bitcoin has no effect on bitcoin market. If its 700,000 thousand it might be. Remember that the total supply of bitcoin is 21 million only. there are already 3 million missing bitcoin because of forgotten private keys. another 1 million from satoshi nakatomo wallet that never been touched. in total there will be only  17 million bitcoins around the world. Our population is 7.6 billion. imagine if 50% of the people bought bitcoins. What will be the bitcoin price then'?
sr. member
Activity: 1330
Merit: 258
Wozniak said,
“I had seven bitcoins stolen from me through fraud,”
Now at $70000 market price rate. (Source - CNBC)
It is really shocking.
Will it effect on bitcoin market?

May be he use own mac book or iphone with malware..
$70000 is not low amount for any  Shocked
Need use paper wallet!
member
Activity: 224
Merit: 19
I do not think that it will have some effect on the market. He mentioned that he was a victim of fraud. I hope you have some link it will be an interesting read.

Anyways a computer genius like Wozniak the real inventor of Mac, was a victim of fraud/scam. People should be more vigilant because this fraudsters are getting creative everyday to take our coins.

sr. member
Activity: 610
Merit: 261
7 bitcoins are nothing to affect the market
legendary
Activity: 1554
Merit: 1026
★Nitrogensports.eu★
Wozniak said,
“I had seven bitcoins stolen from me through fraud,”
Now at $70000 market price rate. (Source - CNBC)
It is really shocking.
Will it effect on bitcoin market?

Exchanges get hacked and bitcoins worth millions of dollars get stolen. Bitcoin shows resilience and bounces back. What do you think will be the impact of seven bitcoins getting stolen?
If you are talking about the impact of this news on market sentiment, there won't be any. People have come to accept the fact that bitcoins can be stolen if  you are not careful. And frauds are prevalent even in fiat currency, if you don't do your due diligence. So it is unlikely that this news will have a substantial impact on market sentiment as well.
full member
Activity: 305
Merit: 107
I'm going to eat your cookies
I think when he said it was stolen, it would still be on the network, probably somewhere. It could do something to the trading market but we will never know unless we see it.
Right now it's a lot and hopefully, it would be back to the owner, but knowing Bitcoin transactions, it cannot be undone unless the culprit is caught.
full member
Activity: 450
Merit: 100
Wozniak said,
“I had seven bitcoins stolen from me through fraud,”
Now at $70000 market price rate. (Source - CNBC)
It is really shocking.
Will it effect on bitcoin market?
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