BitcoinTalk User Turns $500 to $10M After Unlocking 2012 Bitcoin Bar

Share via:


A BitcoinTalk user just turned a $500 Casascius Bitcoin bar from 2012 into a $10 million fortune. After holding the 100 BTC bar for over a decade, he finally cracked it open, only to lose $40K in Bitcoin Cash within minutes due to a leaked private key.

Here’s what happened behind this rare piece of Bitcoin history.

100 BTC Bar Becomes a Jackpot

Back in 2012, when Bitcoin was still a niche idea traded mostly among tech enthusiasts, JohnGalt got his hands on a Casascius gold bar loaded with 100 BTC. At the time, Bitcoin’s price hovered around $5, so…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

BitcoinTalk User Turns $500 to $10M After Unlocking 2012 Bitcoin Bar


A BitcoinTalk user just turned a $500 Casascius Bitcoin bar from 2012 into a $10 million fortune. After holding the 100 BTC bar for over a decade, he finally cracked it open, only to lose $40K in Bitcoin Cash within minutes due to a leaked private key.

Here’s what happened behind this rare piece of Bitcoin history.

100 BTC Bar Becomes a Jackpot

Back in 2012, when Bitcoin was still a niche idea traded mostly among tech enthusiasts, JohnGalt got his hands on a Casascius gold bar loaded with 100 BTC. At the time, Bitcoin’s price hovered around $5, so…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

The Golden Age of Crypto: Master popular cryptocurrencies such...

In the current context of increasing volatility and risks...

Standard Chartered Launches Spot Trading for Bitcoin and Ether...

On Tuesday, Standard Chartered introduced spot trading for...

Claude AI now integrates with Notion, Canva, Figma, Stripe...

AI firm Anthropic has announced a major upgrade...

Popular

Upcoming Events

IPTV Portugal iptvdfgdfs iptvdfgdfs iptvdfgdfs iptvdfgdfs
IPTV IPTV IPTV IPTV IPTV IPTV IPTV