“Bitcoin Family” Loses $1 Million In Bear Market, What’s Next For Them?

“Bitcoin Family” Loses $1 Million In Bear Market, What’s Next For Them?

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“Bitcoin Family” Loses $1 Million In Bear Market, What’s Next For Them?

Bitcoinist.com2 months ago
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Published on August 11, 2022 17:00 GMT+00:00edited on August 12, 2022 11:19 GMT+00:00

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The “Bitcoin Family” have been in the headlines ever since they put everything that they had into bitcoin back in 2016. By then, the digital asset was only trading at around $900, and the family had become bitcoin millionaires with the most recent run-up. However, like everyone else, the Bitcoin Family has been hit hard by the recent bear market and has seen their portfolio drop during this time. But the gospel of bitcoin seems to have not left them either.

Still Believes In Bitcoin

The Bitcoin Family had actually started traveling around the world, but supporters had kept up with the family. Presently, they are living in Lagos, Portugal, where the family has opened a bar known as BamBamBeach that allows people to pay for their drinks using bitcoin through the lightning network. Mr. …