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In the not-so-distant future, space travel had become commonplace, and new industries emerged to meet the needs of an interstellar society. One such industry was Space Spy Recovery, a company known for its inno...vative solutions in cybersecurity and asset recovery.

The story begins with Alex, a tech-savvy explorer who had recently ventured into the world of cryptocurrency. Alex had been careful, always researching before investing. But one day, a message appeared on their screen, claiming to offer a once-in-a-lifetime opportunity to double their Bitcoin. The offer was from a group posing as a reputable investment firm. The presentation was convincing, and the fear of missing out pushed Alex to transfer a substantial amount of Bitcoin to the address provided.

It didn't take long for Alex to realize they had been scammed. Panic set in as they watched the Bitcoin disappear, with no way to retrieve it. Feeling desperate, Alex remembered reading about Space Spy Recovery, a company that had successfully retrieved stolen assets, even in the vast expanse of space.

Without hesitation, Alex contacted Space Spy Recovery. The company was known for its team of cybersecurity experts, who utilized advanced technology to track and recover stolen digital assets. They had a unique advantage: a network of satellites capable of intercepting and analyzing data transmissions across the galaxy.

The team at Space Spy Recovery quickly went to work. They traced the Bitcoin transaction to a series of complex, encrypted routes, typical of professional cybercriminals. Using their proprietary software, they decrypted the data and tracked the final destination of the stolen Bitcoin to a wallet on a remote space station, known to be a haven for shady dealings.

But retrieving the Bitcoin was only part of the challenge. The scammers needed to be identified and brought to justice. Space Spy Recovery employed a team of undercover agents, skilled in infiltration and cyber espionage. One of these agents, codenamed "Starlight," was dispatched to the space station. Disguised as a trader, Starlight gained access to the underworld, gathering intel on the scammers.

With evidence in hand, Starlight coordinated with local space authorities, who moved in to apprehend the criminals. The scammers were caught red-handed, and the stolen Bitcoin was recovered. In a secure transmission, the digital currency was returned to Alex's wallet, along with a message from Space Spy Recovery: "Mission Accomplished."

Alex was overwhelmed with relief and gratitude. Not only had they recovered their Bitcoin, but they also played a part in bringing down a dangerous criminal network. Space Spy Recovery had proven their reputation as the guardians of the galaxy's digital assets.

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El bitcoin
5 years ago

1 QCP

is a cryptocurrency. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermedia...ries.
Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its source code was released as open-source software.[7]:ch. 1 Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services.Research produced by University of Cambridge estimates that in 2017, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.
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Due to Bitcoin’s halvening cycles, the 200-week moving average is undeniably a significant average for anyone interested in Bitcoin. The halvenings, which take place roughly every four years, ensures that newly... created Bitcoin halves, dropping the newly minted stock by 50%.

https://www.cryptoease.io/post/bitcoin-s-200-week-moving-average-has-never-dipped-and-is-increasing-at-3-a-month
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11 years of Bitcoin
5 years ago

1 QCP

11 years ago - the first bitcoin block was mined ... the Genesis block. Here’s a quote from Satoshi Nakamoto from Feb 2010 about the pricing of Bitcoin that I think holds up well.

“A rational market... price for something that is expected to increase in value will already reflect the present value of the expected future increases. In your head, you do a probability estimate balancing the odds that it keeps increasing.

In the absence of a market to establish the price, NewLibertyStandard's estimate based on production cost is a good guess and a helpful service (thanks). The price of any commodity tends to gravitate toward the production cost. If the price is below cost, then production slows down. If the price is above cost, profit can be made by generating and selling more. At the same time, the increased production would increase the difficulty, pushing the cost of generating towards the price.

In later years, when new coin generation is a small percentage of the existing supply, market price will dictate the cost of production more than the other way around.

At the moment, generation effort is rapidly increasing, suggesting people are estimating the present value to be higher than the current cost of production.”
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Iran-based sellers on peer-to-peer trading platform LocalBitcoins are currently asking for around 1 billion Iranian rials or over $24,000 per Bitcoin (BTC), based on the official exchange rate from the country’...s central bank.

But is this really the actual price Iranians are paying for Bitcoin?

https://cointelegraph.com/news/bitcoin-selling-for-24-000-per-btc-in-iran-as-us-tensions-escalate/amp
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"The current Hash Rate is almost ten times higher than the Bitcoin Blockchain when Bitcoin reached its record price of $20K at the end of 2017. This indicates that miners are confident that the price of Bitcoin... will reach record highs in 2020. In fact, they continue to invest in mining equipment because they are confident that they will still be able to make big profits from this mining activity on the Bitcoin Blockchain."

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