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-   -   LOL...man throws out 7.5 mil of bitcoins (https://gfy.com/showthread.php?t=1127417)

sadiedazzle 11-29-2013 10:21 AM

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.

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 (Post 19890111)
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 (Post 19890126)
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 (Post 19890205)
People keep real money in real banks

http://i.imgur.com/e9pgtVa.png

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

PornDude 11-29-2013 02:11 PM

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

Yay.

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 (Post 19890111)
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 (Post 19890111)
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? :batman

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


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