LOL...man throws out 7.5 mil of bitcoins - GoFuckYourself.com

sadiedazzle · 11-29-2013, 10:21 AM

http://www.torontosun.com/2013/11/28...th-of-bitcoins

A British man is kicking himself for throwing out a hard drive in the summer, just now remembering he had the password to a digital wallet with about $7.5 million worth of bitcoins on it.

Bitcoin is a digital currency. It reached its highest value on Wednesday, topping $1,000.

"You know when you put something in the bin and in your head say to yourself, 'That's a bad idea'? I really did have that," James Howells told the Guardian newspaper.

Howells said he "mined" the coins in 2009 when the currency wasn't so well-known. He stored the private key to his wallet on the hard drive. Without it, he cannot access his 7,500 bitcoins.

He said he's been to the landfill where his hard drive is likely under three or four feet of garbage, but said it would cost too much to dig in the area where it might be, especially if he came up empty-handed.

DamianJ · 11-29-2013, 10:24 AM

how much does it cost to get 100 polish people to dig through trash for a week?

A lot fucking less than the value of 7,500 bit coins.

fitzmulti · 11-29-2013, 10:25 AM

Ooooops!!!!!!!!!

rogueteens · 11-29-2013, 10:34 AM

Quote:

Originally Posted by DamianJ

how much does it cost to get 100 polish people to dig through trash for a week?

A lot fucking less than the value of 7,500 bit coins.

it would cost about 7,500 bitcoins if one of the polish guys has big pockets!

Paul · 11-29-2013, 10:45 AM

You have to wonder what percentage of Bitcoins are out of circulation for good based on scenarios like this

Paul · 11-29-2013, 10:47 AM

Quote:

Originally Posted by rogueteens

it would cost about 7,500 bitcoins if one of the polish guys has big pockets!

If he had any sense he would have hired a load of people like Damian suggested and just told them he had thrown out the HD and it had his one copy of family photos on it.

Telling people it's got millions of £s on it doesn't inspire honesty

Barry-xlovecam · 11-29-2013, 11:54 AM

People keep real money in real banks or in insured securities, etc.

This is what can (could) happen when there is no record of ownership or chain of title.

Of course, this whole story could be a bunch of bullshit.

- Jesus Christ - · 11-29-2013, 02:09 PM

Quote:

Originally Posted by Barry-xlovecam

People keep real money in real banks

http://dailyreckoning.com/fiat-currency/

PornDude · 11-29-2013, 02:11 PM

https://gfy.com/showthread.php?t=1127362

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onwebcam · 11-29-2013, 02:12 PM

I'm sure he has plenty of company digging now that he has told the World.

Barry-xlovecam · 11-29-2013, 04:38 PM

Just like burying any negotiable currency, precious metals or jewels in a tin can in your back yard ... The "tin can" disappears you ain't got shit.

Sid70 · 11-29-2013, 04:39 PM

Quote:

Originally Posted by DamianJ

how much does it cost to get 100 polish people to dig through trash for a week?

A lot fucking less than the value of 7,500 bit coins.

Who said Polish?

dyna mo · 11-29-2013, 04:40 PM

if he wasn't a greedy snob, he'd cut the owner of the dump in to help him find the drive.

the owner's prolly got his own crew on it now in fact, hell i would.

PornDude · 11-29-2013, 05:00 PM

Quote:

Originally Posted by DamianJ

how much does it cost to get 100 polish people to dig through trash for a week?

A lot fucking less than the value of 7,500 bit coins.

How much does it cost to slap 1 magician face?

X_X_ROB_X_X · 11-30-2013, 02:49 AM

What a dumbass. He is never going to find it.

MrMaxwell · 11-30-2013, 03:21 AM

Why in the world doesn't he just work with the management there and have a bunch of retards come out and look through everything and give the idiot who finds it a big reward?

Like this, management if you let me do this you can have xx% of the proceeds and then tell the idiots hey the moron who finds this shit gets xx% too then

11-29-2013, 10:21 AM	#1
sadiedazzle Confirmed User Industry Role: Join Date: Apr 2011 Posts: 972	LOL...man throws out 7.5 mil of bitcoins http://www.torontosun.com/2013/11/28...th-of-bitcoins A British man is kicking himself for throwing out a hard drive in the summer, just now remembering he had the password to a digital wallet with about $7.5 million worth of bitcoins on it. Bitcoin is a digital currency. It reached its highest value on Wednesday, topping $1,000. "You know when you put something in the bin and in your head say to yourself, 'That's a bad idea'? I really did have that," James Howells told the Guardian newspaper. Howells said he "mined" the coins in 2009 when the currency wasn't so well-known. He stored the private key to his wallet on the hard drive. Without it, he cannot access his 7,500 bitcoins. He said he's been to the landfill where his hard drive is likely under three or four feet of garbage, but said it would cost too much to dig in the area where it might be, especially if he came up empty-handed.

11-29-2013, 10:25 AM	#3
fitzmulti I Like Depth Of Field! Industry Role: Join Date: Jan 2003 Location: Las Vegas, NV, USA: 36.12318 N, 115.090219 W Posts: 14,861	Ooooops!!!!!!!!! __________________ www.SexyGirlsCash.com CONTACT // FITZMULTI AT GMAIL.COM // {Please include a message so I know you are from GFY! I get too many spam "add requests"!}

11-29-2013, 11:54 AM	#7
Barry-xlovecam It's 42 Industry Role: Join Date: Jun 2010 Location: Global Posts: 18,083	People keep real money in real banks or in insured securities, etc. This is what can (could) happen when there is no record of ownership or chain of title. Of course, this whole story could be a bunch of bullshit.

11-29-2013, 02:11 PM	#9
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11-29-2013, 02:12 PM	#10
onwebcam Fake Nick 1.0 Industry Role: Join Date: Oct 2005 Location: Rent free, your head Posts: 27,679	I'm sure he has plenty of company digging now that he has told the World. __________________ PLEASE WAIT WHILE BIDEN ADMIN UNINSTALLS ITSELF..... ██████████████████▒ 99.5% complete.

11-29-2013, 10:24 AM	#2
DamianJ Too lazy to set a custom title Industry Role: Join Date: Jul 2006 Location: A magical land Posts: 15,808	how much does it cost to get 100 polish people to dig through trash for a week? A lot fucking less than the value of 7,500 bit coins.

11-29-2013, 10:45 AM	#5
Paul Confirmed User Industry Role: Join Date: Nov 2002 Posts: 2,637	You have to wonder what percentage of Bitcoins are out of circulation for good based on scenarios like this

11-29-2013, 04:38 PM	#11
Barry-xlovecam It's 42 Industry Role: Join Date: Jun 2010 Location: Global Posts: 18,083	Just like burying any negotiable currency, precious metals or jewels in a tin can in your back yard ... The "tin can" disappears you ain't got shit.

11-29-2013, 04:40 PM	#13
dyna mo The People's Post Industry Role: Join Date: Dec 2008 Location: invisible 7-11 Posts: 66,145	if he wasn't a greedy snob, he'd cut the owner of the dump in to help him find the drive. the owner's prolly got his own crew on it now in fact, hell i would.

11-30-2013, 02:49 AM	#15
X_X_ROB_X_X ( ◣_◢ ) Industry Role: Join Date: Jun 2007 Location: USA Posts: 509	What a dumbass. He is never going to find it. __________________ My CashCrate Referrals Netting Me $1200 Monthly On Auto-Pilot

11-30-2013, 03:21 AM	#16
MrMaxwell Too lazy to set a custom title Industry Role: Join Date: Jul 2005 Posts: 10,057	Why in the world doesn't he just work with the management there and have a bunch of retards come out and look through everything and give the idiot who finds it a big reward? Like this, management if you let me do this you can have xx% of the proceeds and then tell the idiots hey the moron who finds this shit gets xx% too then