Monthly Archives

June 2020

The Escobars Believe They’ve Found the Real Satoshi

By | blog

A new theory regarding the true identity of anonymous Bitcoin creator Satoshi Nakamoto has emerged from an extremely unlikely source. Enter the Escobar family and their story about Yasutaka Nakamoto. The story goes like this: Yasutaka Nakamoto was a high-ranking engineer for Pacific West Airlines who worked for Colombian drug lord Pablo Escobar, smuggling drugs into the US from South America. Yasutaka disappeared completely from public view in 1992 after surviving an assassination attempt by his former employer. He then resurfaced years later to create and launch Bitcoin. He is also supposedly the brother of Dorian Satoshi Nakamoto. At least

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Bloomberg: “Bitcoin will approach record high of about $20,000 this year”

By | blog

The latest report from Bloomberg reveals that the company expects Bitcoin (BTC) to retest the record highs from 2017, and may even go as high as $28,000. COVID-19 and institutions helping Bitcoin The report suggests that COVID-19 has accelerated Bitcoin’s maturation as an asset, showing its strength amid declining equities. In addition, it points to the ever-increasing appetite from institutional investors, and Grayscale, or GBTC, in particular, which has been consuming about 25% of the the new supply: “So far this year, its increasing AUM has consumed about 25% of new Bitcoin-mined coins vs. less than 10% in 2019. Our graphic depicts the rapidly rising 30-day

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Bitcoin Code Reveals Satoshi Nakamoto Used a Russian Proxy

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Satoshi Nakamoto may have relied on a Russian proxy as early as January 2009, when Bitcoin v0.1.0 was first released. Telltale signs appear in the file “irc.cpp” on line 212, though this seems to be obfuscated with a simple cipher. Bitcoin v0.1.0 irc.cpp File Released January 9 2020. Source: Satoshi Nakamoto Institute. Spy games This cipher seems to work by removing all the zeros and then converting the numbers from hexadecimal notation to decimal. That produces what looks like an IP address: 87.251.146. At the time, the proxy was provided by Anders Telecom. It has apparently been defunct since 2016. Experts disagree on the validity of such interpretation. Javier Estrella, chief

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Crypto Analyst Releases Stock-to-Flow Model Indicator for BTC Bull Run

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Crypto analyst PlanB released a key indicator for its stock-to-flow price prediction model which could signal a Bitcoin bull run to $100,000 by 2021 has just begun. PlanB confirmed on Twitter on May 31 that the red dot — indicating a price increase — was now present in its stock-to-flow (S2F) model, a price prediction model for Bitcoin (BTC). PlanB @100trillionUSD #Bitcoin S2F chart update .. RED DOT RELEASED!!! 5,893 6:00 PM – May 31, 2020 Twitter Ads info and privacy 2,155 people are talking about this The S2F model treats BTC as a commodity like gold or silver, evaluating the existing supply

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