[ad_1]
MUMBAI: In the cryptocurrency world, the bizarre is a daily occurrence. Yet what happened to US-based Christopher is a story beyond the bizarre.
Williamson, a nursing student, woke up on the morning of June 16 to check his trading account on Coinbase, one of the world’s largest cryptocurrency exchanges, and fell out of bed. His trading account had a balance of over $ 1,000 billion, which would make him the very first billionaire in the world.
I woke up, it’s 9 am and I’m still checking my phone to see how my crypto is doing and I’m like, no I’m sleeping ”. I watch it again and think to myself that at that point, I literally fell out of bed, Chris Williamson told US network Fox 5.
It’s as good as it is for Williamson.
He took to the microblogging site Twitter the same day to take matters into his own hands. I’m going to need someone to explain what’s going on, then write me a check. I have a penguin shaped mega yacht waiting, Williamson wrote on his Twitter account.
As it turned out, the $ 20 value of RocketBunny cryptocurrency that Williamson purchased using his Coinbase account did not turn into more than $ 1,000 billion overnight. The balance reflected on the Williamsons Coinbase account was a technical error.
I’m going to need someone to explain what’s going on, then write me a check. I have a penguin shaped mega yacht waiting. #cryptotrillionaire @ RocketBunny2021 @coinbase @CoinbaseSupport @CoinbasePro pic.twitter.com/dyxKvx11WS
– Christopher Williamson (@ Christo44044658) June 16, 2021 Sorry – the penguin yacht may have to wait – our team is aware of the display error causing this wishful thinking for some ERC20s. They are working to fix it – in the meantime, the asset’s trading will reflect its current market value, Coinbase’s Twitter account responded to Williamsons tweet two days later.
Before we delve deeper into Williamson’s issues, it’s important to recognize the cryptocurrency that Williamson bought for $ 20.
RocketBunny is a recent entrant into the cryptocurrency world promising to be a deflationary token with a maximum supply of 777 quadrillion. The concept of cryptocurrency is unique to larger and more popular peers like Bitcoin and Ethereum.
Here’s how RocketBunny describes their currency: Each trade incurs a 4% tax which is distributed in four equal parts: 1% to cardholders, 1% burnt at The Rabbit’s Hole, 1% blocked liquidity and 1% bonus to liquidity providers. . . As the volume increases, the amount burned increases logarithmically, eventually leading to an exponential decrease in supply.
The cryptocurrency last cited a price of 0.000000000036. Yes, it’s 12 decimal places after the zero! The value of the cryptocurrency has plunged 76% in the past 22 days, making the possibility of Williamson becoming a billionaire because of the cryptocurrency a near-impossibility.
Williamson’s heartbreaking experience didn’t end anytime soon. Despite numerous calls to Coinbase and RocketBunny, the issue of a $ 1,000 billion balance in his trading account could not be resolved until the time of publication.
Williamson informed on Twitter on Monday that the value of his account was still increasing, but he could not cash out as it had been frozen by Coinbase. Support responded to the user on June 18. In addition, I wanted to clarify that the user’s account has never been locked and he never lost access to the account, a representative of Coinbase was quoted by Dailymail.
Day 6: @CoinbaseSupport @coinbase – I never understood Otis Campbell until you came into my life. pic.twitter.com/E6LwufAVUo
– Christopher Williamson (@ Christo44044658) June 21, 2021 The attention drawn to Williamsons ‘story boosted RocketBunnnys’ coin as cryptocurrency surged more than 9% on Wednesday.
Williamsons’ story has captured the cryptocurrency world, with many urging Coinbase to rectify its mistake, while others urge him to make sure he gets some sort of relief for his emotional and financial woes.
The joke going on right now between me and my friends at Coinbase and one of the emails I sent them was like: Look, I need you to tell me what’s going on because I have a mega-yacht company ready to build me a penguin shaped yacht, said Williamson.
[ad_2]
picture credit