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The retreat came after Bitcoin hit a record high of more than $64,000 (?45,773) last Wednesday following the stock market debut of the US's largest exchange for the tokens, Coinbase Global Inc. While prices steadied today with Bitcoin holding just below $57,000 (?40,767) it is still down about 12 percent from last week. And co-founder and former CEO of Microsoft, Mr Gates, is reported to believe things will only get worse as time goes on. Stock market analysis YouTube channel MHFIN claimed: 'Gates has been talking about the cryptocurrency for quite a while. Bill Gates is said to be 'betting' on the collapse of BTC (Image: GETTY) Bitcoin plunged over the weekend (Image: GETTY) He said: 'I think it is a tour de force, bitstarz42. But for those of us who, for completely legit reasons, would like to remain anonymous it can be done, bitstarz42. Once more, by going this route, your funds are stored on a drive that isn't connected to a network when you're not using it. The information only reaches the internet when you have it hooked up to your computer and are making a deposit to your crypto bank or your sportsbook. Once you unplug it, there is a zero percent chance that it can be hacked. While this is more of a tedious way of using crypto, there's no denying the added benefits, bitstarz42. Because crypto isn't regulated by a governing agency, there's no recourse when you're hacked.

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