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Norwegian Bitcoin Millionaire Proves Why You Shouldn’t Brag About Your Crypto Riches

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    You should probably think twice before revealing your Bitcoin holdings to anyone (that’s the point of anonymity)

Cover image via www.123rf.com

A Bitcoin multi-millionaire from Norway jumped off his balcony to escape from a home invader who threatened him with a shotgun, a local media outlet reports.

The 40-year-old man, whose name hasn’t been disclosed, is a successful cryptocurrency businessman who has around $11 mln worth of Bitcoin. Despite being very public about his crypto riches, he didn’t hire any private security.

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Bitcoin Scam Orchestrator, Who Stole Nearly $68 Mln, Beaten to Death by Crime Partners

On top of that, he was clueless enough to open the door to a complete stranger who pointed at him with a shotgun. The robber was reportedly yelling "Lie down, or I'll shoot!"

The victim didn’t waste any time and decided to jump from the second floor of his apartment, thus ending up on the street. While it’s not clear whether he remained safe and sound, his Bitcoin stack most definitely did.

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The intruder’s lawyer states that his client refused to plead guilty, but he won’t provide any further details until a court hearing takes place on Oct. 17.

As reported by U.Today, a crypto trader was stabbed to death in Norway in 2018. Back in July, the wife of Norwegian billionaire Tom Hagen was kidnapped, and criminals demanded to be paid a cool $10 mln worth of Monero.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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Bitcoin Price Likely to Decline to $7,800: Crypto Analyst

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    Bitcoin is to find support at $7,800 or recover to $8,300, an analyst writes, but either way ‘continuation of the ranging on either of the levels is going to occur’

Cover image via www.123rf.com

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Over the last few days, Bitcoin has been trading below the $8,500 area. At the moment, it has recovered to $8,258 after the recent slip below the $8,100 level.

Analysts have been bullish on BTC in the long run, however, the nearest BTC price movements are expected to be bearish.

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The crypto analyst @CryptoMichNL believes that there are two paths ahead of Bitcoin at the moment. If it fails to recover to $8,300, he says on his Twitter page, then the market should be ready for the flagship coin to drop and find support at the $7,800 or $7,300 levels.

Whichever way it goes, ‘continuation of the ranging on either of the levels is going to occur’.

The analyst tweeted this forecast twice with an hour pause.

Subscribe to News.U.Today on Facebook, and get involved in all top daily cryptocurrency news, stories and price predictions!

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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