上位 200 件のコメント全て表示する 375

[–]Herbiscuit 774ポイント775ポイント  (73子コメント)

If you search how to recover a Bitcoin wallet you may be in luck if you made a note of your wallet words or private keys. I wouldn't give up so easy, especially for $65000.

[–]me_is_idiot[S] 412ポイント413ポイント  (72子コメント)

Literally the only thing I have is that note. No idea what type of wallet I had. No key's etc. I'm going to be searching all of my emails, documents etc for anything resembling some type of registration for somewhere, but I'm not too hopeful.

[–]Boule_de_Neige 164ポイント165ポイント  (46子コメント)

It's possible you lost then way earlier than you think. Where they on the HDD or did you have them in something like Mt Gox?

[–]me_is_idiot[S] 137ポイント138ポイント  (42子コメント)

As far as I can remember they were "on" the HDD. I remember looking around for somewhere to send them for "cash them out" but the ID verification etc all looked like too much effort for $10.00.

I remember it took an age to sync with the network or some such.

[–]dashingtomars 118ポイント119ポイント  (35子コメント)

It's likely that you would have been using Bitcoin-Qt. If so, you'll have a wallet.dat file there somewhere which contains the Bitcoin. The Bitcoin-Qt software will of course be very out of date so you'll need to get the latest version.

I'm not much of an expert on Bitcoin these days (have more of an interest in r/dashpay), so I can't provide you with more exact details.

[edit]: Reading your post again I take it that the HDD is gone for good? In that case I guess you're out of luck.

[edit 2]: According to u/farmdve the client was just called 'Bitcoin' not 'Bitcoin-Qt' at the time OP acquired the Bitcoin. The rest of my comment is still accurate.

[–]Rodry2808 14ポイント15ポイント  (30子コメント)

What is dashpay?

[–]dashingtomars 17ポイント18ポイント  (28子コメント)

It's just Dash (r/dash was already taken).

Dash is a cryptocurrency based off Bitcoin, but it has a whole lost of extra features that make it a more useful currency than Bitcoin. It's faster, has higher transaction capacity, improved anonymity, a more gentle supply curve, and a bunch of other cool features.

At present it's the 5th largest crypto currency, although 3rd if you ignore Ethereum and Ripple (too complex of a topic for me to go into here).

[–]JohnnyKay9 18ポイント19ポイント  (27子コメント)

What is the big attraction to crypto currency? Do you people just not trust the banks and stuff?

[–]Callingcardkid 54ポイント55ポイント  (6子コメント)

You can buy drugs online

[–]limitz 3ポイント4ポイント  (0子コメント)

It's so much more than that though. Of the total BTC market cap, drugs are a small minority.

BTC has a lot of utility, I buy thousands of USD worth every month (I don't hoard BTC, this is all for utility). For example, I need to fund a bank account in China with RMB. The fastest way to do so is buying BTC in the US, sending it to my friend, and he'll sell it in China for RMB. The entire process takes <24 hours, and is so easy to do.

Much faster than bank wire, more reliable, less fees, and much less hassle.

[–]dashingtomars 6ポイント7ポイント  (4子コメント)

Each currency has its own advantages due to the features the developers have implemented. For Dash:

  • Anonymous transactions (The original reason Dash was created. For a while it was called Darkcoin.)
  • Low fees
  • Fast transactions (send money anywhere in the world within seconds)
  • Currency can't be inflated by central banks
  • Don't have to deal with banks

[–]ya_y_not 6ポイント7ポイント  (2子コメント)

Yea you can avoid the banks and deal only with trustworthy organisations like Mt Go....nevermind

[–]Marcellusk 24ポイント25ポイント  (0子コメント)

Do you people just not trust the banks and stuff?

Hehe, that's definitely part of it. But there is much, much more. Overall, it's a much more capable, secure, and cheaper currency, especially when it comes to sending to others. The middle man (banks and financial institutions) is completely eliminated.

[–]AmeliaLeah 0ポイント1ポイント  (0子コメント)

It's what's made possible by the technology platform that runs it. Think of as cash and coupons for computers.

[–]onceagainsilent 0ポイント1ポイント  (0子コメント)

Well, you can trade it like ForEx and make fiat money, for one. It's a crazy market at times too so there is lots of money to be made.

As far as developing them, I don't think it's exactly mistrust fueling it so much as it is the realization that our monetary system is outdated, though clearly every individual will have their own reasons. Also, having a currency that is not tied to any government is just a generally more free and democratic idea and I think people like that.

[–]ProbablyHighAsShit 0ポイント1ポイント  (0子コメント)

Besides anonymity? It's decentralized and unregulated which means that the value is 100% at the will of the trading market (and to a lesser degree, miners, who create more BTC). No taxes, interest rates, or fees are attached to any BTC transactions because it's anonymous, and by virtue of it being unregulated.

The downside is that the value can fluctuate wildly (as we have seen a couple years ago), and so it's generally a bad investment at this point. Also, like OP, if you lose your login/blockchain/wallet, you are pretty much fucked. There are definitely horror stories of losing wallets that are significantly more valuable than OPs, but it's a double-edged sword, I guess.

[–]farmdve 3ポイント4ポイント  (1子コメント)

Bitcoin-Qt did not exist in 2010-2011, the client was just called Bitcoin, the last version I remember of the old client was 0.3.21 or 0.3.24 and was using the WXWidgets library instead of Qt, buut your advice still stands.

[–]kuahara 4ポイント5ポイント  (0子コメント)

They were, at one point, worth $1200 each. I remember showing this to my buddy the day they were trading at that price and him telling me the story about how they'd squandered all theirs on pizzas when btc was still new.

[–]TUbit17 0ポイント1ポイント  (0子コメント)

Cold storage was your problem.

[–]bacon_cake 2ポイント3ポイント  (1子コメント)

I keep getting letters through the post from one of those bitcoin exchanges that went bankrupt or something.

[–]hinterlufer 19ポイント20ポイント  (0子コメント)

The thing you need is your old HDD, there is no other way to get your wallet back (assuming you don't have any backups which you probably don't).

[–]spargurtax 10ポイント11ポイント  (6子コメント)

arent they stored in an online account that you can log into or recover a password? sites like coinbase should be recoverable, but if you used an anonymous site with no logins then yeah you are probably screwed.

[–]evenstevens280 7ポイント8ポイント  (4子コメント)

The amount of attacks and robberies from online *coin storage websites is unreal. Best to store them on a local hard disk.

[–]nitiger 3ポイント4ポイント  (2子コメント)

The best way has always been a paper wallet. Second would be a hardware wallet.

[–]dohawayagain 4ポイント5ポイント  (1子コメント)

A paper wallet kept in a safe deposit box at a bank, where you can store your cryptocurrency safely, and establish ownership of it with a government-issued photo ID.

[–]ya_y_not 1ポイント2ポイント  (0子コメント)

Now we are back at the bank that you people inherently dustrust...

[–]ak47onmyface 2ポイント3ポイント  (3子コメント)

Blockchain?

Search all your email addresses for the word bitcoin

[–]analogOnly 0ポイント1ポイント  (1子コメント)

And to think like 3 years ago you could have sold them for a cool 1k each, netting you $150,000. Sorry for your loss.

[–]Tytygigasthewizard 269ポイント270ポイント  (56子コメント)

This is the first FU in a while to make me feel legitimately upset for the OP. Isn't there some way to get that BTC back? Have you had any luck so far?

[–]blekmyr 135ポイント136ポイント  (29子コメント)

That's the point. It's a currency and it's one of the things that makes it legitimate. If you lose a wallet full of cash you only get your money back if you find your wallet again. Same with Bitcoins.

[–]Tytygigasthewizard 32ポイント33ポイント  (27子コメント)

Very interesting. Tell me more, I'm semi new to bitcoins but I love the concept of a crypto currency like that.

[–]ham4ham 46ポイント47ポイント  (25子コメント)

me_is_idiot's bitcoins exist in the "public ledger" still. Anyone who knows the "private key" can claim them, and therefor move them to another place, spend them, cash them out, etc. The "wallet" is really just a place to keep your private keys, as they do not exist anywhere else. The bitcoins are there for the taking, but without that key, they will just exist, with no one being able to access them. Private keys are "near impossible" to guess (which is what makes bitcoin secure)

I should re-iterate as this tripped me up when I first started learning about bitcoin. A WALLET does not store bitcoins, only the private keys to access them. The bitcoins themselves exist on the public ledger (or blockchain) which anyone can see, and is stored on thousands of computers redundantly (kind of like a bitorrent file). Some people keep multiple copies of their wallet (and therefore their private keys). You can even print out a private key (as text) and put it in a safe deposit box, etc.

[–]Tytygigasthewizard 10ポイント11ポイント  (21子コメント)

That's ingenious. Do any mainstream stores accept bitcoin right now?

[–]cucufag 18ポイント19ポイント  (4子コメント)

It's still mostly in tech stores at the moment. Newegg, Tigerdirect, etc. Overstock accepts bitcoins as well. You can actually buy Reddit gold with bitcoin. There's a roundabout way to use bitcoins almost anywhere through services that exchange your coins out of wallets in to gift cards, but this is not the most optimal way to buy things.

Steam recently started accepting them as well. Its pretty cool buying video games with them.

[–]PM_ME_ORBITAL_MUGS 4ポイント5ポイント  (3子コメント)

Tigerdirect

Not anymore

[–]TheSandwichOfEarl 1ポイント2ポイント  (2子コメント)

do you have a source? i think they still do. At least on the US website.

http://www.tigerdirect.com/bitcoin/

[–]pelvicmomentum 3ポイント4ポイント  (1子コメント)

Not any more as in tigerdirect isn't any more, they were bought

[–]Steeps5 5ポイント6ポイント  (14子コメント)

Yeah. Newegg, Amazon, Target, CVS, PayPal, Overstock.com, Reddit, etc.

www.bitcoinvalues.net/who-accepts-bitcoins-payment-companies-stores-take-bitcoins.html

[–]Tytygigasthewizard 4ポイント5ポイント  (11子コメント)

Very cool. Wasn't aware of this. If I ever go back in time (its on my bucket list!) I'm spending my time mining BTC. and other stuff but mostly that.

[–]spazzdla 1ポイント2ポイント  (0子コメント)

Steam is accepting it now!! I rented a movie with BTC last week. The movie "war" it was really good.

[–]AxeLond 0ポイント1ポイント  (2子コメント)

If 1 bitcoin is one private key how would you spend and buy fractions of a bitcoin or is just possible to spend hole bitcoins?

[–]rya_nc 1ポイント2ポイント  (0子コメント)

It can be spent fractionally down to 1/100000000th of a bitcoin. A private key can control an arbitrary amount of bitcoin, and a person can have as many private keys as they like.

It is also possible to have bitcoin with more complicated conditions, for example some amount of bitcoin can have three private keys associated with it, and the combination of any two keys can spend it.

[–]Crully 1ポイント2ポイント  (0子コメント)

They aren't actually stored in the wallet either (the underlying blockchain lists all transactions, so the coins are stored in that address forever, unless moved if the owner finds the original wallet.dat), the wallet is basically the keys to get the bitcoins, the bitcoins are in the wallet (not literally, more like "owned by"), anyone with access to the wallet (if it's encrypted) cannot do anything with it without the password. So even if a stranger found your wallet it's nigh on impossible to take the money out of it (if it were possible then bitcoin has a big problem as nobodies coins would be safe).

Bitcoin is great because nobody has access to your money/coins without your consent, and you can send it to anyone else in the world with minimal fees (like $0.01 for any amount, or even send multiple payments at once). 10-60 minutes to confirm is way better than using systems like CHAPS (and a magnitude cheaper).

OTOH, losing your computer, or whatever, is literally like losing your money, imagine your bank wiping your balance because you reinstalled Windows... So, always, always, always have a backup. Hardware wallets do exist, and would be the preferred method for storing large quantities.

[–]scorporilla29 7ポイント8ポイント  (12子コメント)

Ok, so I've heard about bit coins alot but who hasn't- but I just can't get my head around them? What are they for, why not just use real money...etc?

[–]TheSandwichOfEarl 1ポイント2ポイント  (0子コメント)

because bitcoin can do things that other online payment systems can't. it also allows you to bypass a lot of the fees for sending money globally. and pretty much no risk of identity theft when you use bitcoin.

[–]Tytygigasthewizard 1ポイント2ポイント  (4子コメント)

From what I know, bitcoin is more secure, anonymous, and it is easy to use once it is set up. Someone feel free to correct me on that.

[–]Preppers 5ポイント6ポイント  (2子コメント)

I don't believe it's truly anonymous. It is a pain in the arse to setup though and you have to hope your exchange doesn't run of with your money if you happen to have any coins on there.

[–]Zixty 2ポイント3ポイント  (0子コメント)

Usually its a better idea not to let a online vault hold the private keys (keys to the bitcoin). You can use software wallets on your computer to safely store the private keys or hardware wallets or even paper wallets (QR codes.

[–]rya_nc 2ポイント3ポイント  (0子コメント)

It pseudonymous, not anonymous. It can be traced as it's moved around, and it is difficult to exchange between dollars and bitcoin without providing identity documents.

[–]flugzeugmodus 10ポイント11ポイント  (2子コメント)

What about the one where the guy trusted a fart?

[–]Tytygigasthewizard 8ポイント9ポイント  (1子コメント)

OK that made me upset in a different way. Underwear is replaceable, over 60K isn't :P

[–]danniusmaximus 1ポイント2ポイント  (0子コメント)

It should be noted that a few years back these coins were worth around 150k

[–]badgerfare 1ポイント2ポイント  (0子コメント)

No, there's not. It's like paper currency in that respect.

[–]Rock48 0ポイント1ポイント  (6子コメント)

I'm calling BS on this cuz it's the exact same thing as some other story I read online a little while ago

[–]Tytygigasthewizard 0ポイント1ポイント  (5子コメント)

Proof? Don't call BS if you can't back it up.

[–]Rock48 0ポイント1ポイント  (4子コメント)

[–]Tytygigasthewizard 3ポイント4ポイント  (2子コメント)

Yes, I'm sure OP waited three years just to post a somewhat similar story with a lot of differences between the two.

[–]Rock48 0ポイント1ポイント  (1子コメント)

I saw this somewhere very recently, I'm not sure where but it was posted somewhere I know a lot of people read within the last month

[–]buncess 278ポイント279ポイント  (38子コメント)

Actually, you 'almost' missed out on $150k+, because they reached $1,000 each at one point.

[–]SirChumpton 258ポイント259ポイント  (3子コメント)

Stab twissstttt

:)

[–]whatisabaggins55 40ポイント41ポイント  (0子コメント)

We can't help OP, but damn if we aren't good at making fun of him for it.

[–]me_is_idiot[S] 112ポイント113ポイント  (17子コメント)

Fantastic...

[–]_George_Costanza_ 79ポイント80ポイント  (12子コメント)

[–]dubs598 1ポイント2ポイント  (2子コメント)

GEORGE: Hey, look at this. This is the same massage chair we're gettin' for Joe Mayo, $60 cheaper.

JERRY: Except the store's in Delaware.

GEORGE: I'll have 'em overnight it.

JERRY: Maybe cheapness is a sense. You know it is better without this big wallet. It's more comfortable.

GEORGE: It doesn't matter if it's more comfortable. It's wrong.

JERRY: Why?

(George pulling out his wallet.)

GEORGE: Because important things go in a case. You got a skull for your brain, a plastic sleeve for your comb, and a wallet for your money.

(Jerry holding up a hamburger while holding George's wallet.)

JERRY: But look at this thing. It's-it's huge. You got more cow here than here.

GEORGE: I need everything in there.

(Jerry looking through George's wallet )

JERRY: Irish money?

GEORGE: I might go there.

JERRY: Show this card at any participating Orlando-area Exxon station...to get your free 'Save the Tiger' poster.

(George grabbing back his wallet.)

GEORGE: All right, just gimme that. And gimme some of those Sweet & Lows.

[–]cucufag 7ポイント8ポイント  (6子コメント)

Ehhh, $800~900 per coin realistically. Cashing out at 1k was almost impossible since those were gox prices and competitors who were quoting those prices were putting delays or limits on sell orders.

[–]rain-is-wet 4ポイント5ポイント  (1子コメント)

Actually $1242 which equals $186,300...

But if you managed to sell at that point you'd be the best trader in the history of the world. Except perhaps Nathan Rothschild...

[–]buncess 5ポイント6ポイント  (0子コメント)

It was always difficult selling at market price, which is why I sold $200 below. With the amount of people jumping on the bandwagon it didnt take long for all 10 coins to sell lol

[–]nick993 0ポイント1ポイント  (3子コメント)

If we are being realistic, OP would have probably cashed out waayyyy before that. I know I wouldve done that probably.

[–]GeorgesTurdBlossom 0ポイント1ポイント  (1子コメント)

It might get worse. Bitcoin creation rate halves every four years. The new supply will get pretty thin in coming years and this might make the price go up a lot. 50 bitcoins every 10 minutes for the first 4 years, 25 bitcoins every 10 minutes until July, 12.5 until 2020, etc.

[–]buncess 0ポイント1ポイント  (0子コメント)

I've started investing again on the chance that this will happen lol, putting £30 away every month.

[–]ChewyGums 65ポイント66ポイント  (22子コメント)

So, this being the Internet and all, let's dwell on this. What would you have spent that money on?

[–]Tytygigasthewizard 64ポイント65ポイント  (14子コメント)

Since OP is an idiot (his words not mine) I'd wager it would be something like 60000 sticks of gum just because he could. That's what I would do at least if I was an idiot with a sudden cash injection.

[–]muchdogeisenseinyou 25ポイント26ポイント  (8子コメント)

That's expensive gum you buy.

[–]Generic_Pete 4ポイント5ポイント  (6子コメント)

Like gum that never loses it's flavour or something..

[–]Shorter4llele 2ポイント3ポイント  (4子コメント)

I'd buy the SHIT outta that gum

[–]FridgeBoy 7ポイント8ポイント  (3子コメント)

Well, you would only need to buy it once..?

[–]pizza_dreamer 3ポイント4ポイント  (2子コメント)

The gum would accumulate bits of food and the occasional hair. You wouldn't want to chew the same piece of gum forever.

[–]Tytygigasthewizard 2ポイント3ポイント  (0子コメント)

I don't go cheap when it comes to fresh breath, even if I am short a few brain cells in some alternate dimension.

[–]TheKazoobieKazobo 8ポイント9ポイント  (4子コメント)

Dollar per gum. Is it lined with gold wtf.

[–]Tytygigasthewizard 1ポイント2ポイント  (1子コメント)

I rounded up from 79 cents, which is the usual price of gum from my local 7/11. Its strange gum is widely regarded as super cheap when in reality prices have increased over the last few years. Its strange.

[–]neverendingninja 1ポイント2ポイント  (0子コメント)

Yeah, creeping up on two dollars a pack for stride and the like

[–]Dunderost 20ポイント21ポイント  (6子コメント)

me and my friend mined hundreds of those so he could buy shit off of silkroad, and we made plans on buying graphic cards etc to mine big time but we didnt find it worth the time since we would barely break even after electric bill, we didnt even think of it increasing in value because of demand/less coins. the bitcoin at that time was slightly lower than a dollar each, the rest we sold for 25 bucks because surely they wont be worth more.

[–]RGBow 8ポイント9ポイント  (0子コメント)

A guy I know had a few bitcoins when it exploded. He sold them when they were at 1000$ and proceeded to buy like 10 GPUs to mine Lite coins that reached about 27$ at some point. Dude made bank..

[–]idonthaveacoolname13 73ポイント74ポイント  (1子コメント)

well, look at it this way, you decreased supply of bitcoins by 150 total. So you made my btc worth even more. tyvm

[–]apothicca 37ポイント38ポイント  (5子コメント)

Oh i thought you burned 67,000 dollars.

Slightly dissapointed

[–]jokitheraccoon 8ポイント9ポイント  (2子コメント)

technically he burned a money-tree

[–]Shorter4llele 1ポイント2ポイント  (0子コメント)

By that logic, burning bitcoins onto a disc, makes you the equivalent of an e-Joker.
o.O

[–]Cyrax89721 3ポイント4ポイント  (0子コメント)

and accidentally increased the "rarity" of the coins since they will no longer be retrievable.

The number of coins on the market dwindles yet again....

[–]iHeartCandicePatton 1ポイント2ポイント  (0子コメント)

It's not about the money, it's about sending a message.

[–]crazymooseboy 25ポイント26ポイント  (4子コメント)

First thing I thought when I read the title, "There is always money in the banana stand."

[–]DerpDerpDerpBanana 6ポイント7ポイント  (0子コメント)

THERE WAS $250,000 LINING THE WALLS OF THE BANANA STAND!

[–]iHeartCandicePatton 6ポイント7ポイント  (0子コメント)

Just realized, Arrested Development is one big TIFU after another

[–]mattystz 13ポイント14ポイント  (0子コメント)

Your not an idiot bruh... chin up and make another 60k, you da man and got this.

[–]SOMEONE_KILL_MEPLEAS 8ポイント9ポイント  (7子コメント)

I had a hugely over-inflated sense of how intelligent I was.

glad i don't have this problem in our doggy dog world

[–]SnitchUp 0ポイント1ポイント  (0子コメント)

this could totally be a reference to Adam and Joe guys calm down

It looks like a bombsy-tit

[–]josh8010 0ポイント1ポイント  (1子コメント)

I'm gonna hope, and assume that that was the reference I think it was.

[–]paussi00 31ポイント32ポイント  (2子コメント)

67 000? That's quite a bit of coin.

i'll see myself out

[–]Thesaurii 3ポイント4ポイント  (0子コメント)

I had a lot of bitcoins early on, from selling digital items in an MMO. The most I had at one point was a bit over 1,000. Then I turned 18 and got kicked out of my house, and ended up homeless. I managed to find a job quick enough and get the internet set back up, but I was hungry a lot, and ended up finding a nearby pizza place that would take 110 bitcoins for a pizza. I spent every single coin on pizza, and would occasionally sell more digital items to get more pizza. I am a theoretical millionaire, but instead had a few dozen pizzas.

I sure hope that enterprising pizza place owner is living the high life.

[–]Nitro_123 6ポイント7ポイント  (3子コメント)

You're not the only one that's done this.

Had ~1.5ish bitcoin on my old PC when the craze was starting up.

Moved countries and left the old PC back. Pretty sure its in a dump somewhere right now.

[–]--llll-----llll-- 11ポイント12ポイント  (2子コメント)

Except his fuckup is 150x worse than that

[–]cdiddy265 9ポイント10ポイント  (0子コメント)

Only 100x worse, which, is still pretty bad....

[–]Joey92LX 2ポイント3ポイント  (0子コメント)

THERE'S ALWAYS MONEY IN THE BANANA STAND!

[–]ace10301 2ポイント3ポイント  (0子コメント)

Jesus christ. They were worth $1200 a piece at one point.... I just keep thinking back to when people giving them away and wish I took shit more seriously back then.

[–]Indieveloper 2ポイント3ポイント  (0子コメント)

I remember when I mined bitcoins, but decided to stop, because 0.1 bitcoin per day was too slow...at that time...

[–]Invokationz 4ポイント5ポイント  (11子コメント)

they cant be destroyed, can they? i mean they're not like a lost pair of underwear where when not used they're destroyed, right?

IF SO, RIP 60K

[–]EenAfleidingErbij 21ポイント22ポイント  (7子コメント)

They exist forever in the digital realm without an owner.

[–]PollyPropylene 3ポイント4ポイント  (6子コメント)

Just like a reall coin. Millions around the world, sitting in couches headed for the dump. Never to be seen again. Except a bitcoin fluctuates so much pegged to US dollars it's a somewhat poor comparison. 5 cents will always be 5 cents, but a Bitcoin has been worth as much as around $1400.

[–]SirButcher 2ポイント3ポイント  (4子コメント)

You said that "one bitcoin will be always one bitcoin" - the value of the five cent always changing - every currency's value is changing all the time. A hundred years ago 5 cent worth way more then today. Hell, even ten years ago it worth more then it does today.

[–]ax18 0ポイント1ポイント  (0子コメント)

*5 cents will eventually have the buying power of 4 cents and so on.

[–]Spider-Plant 3ポイント4ポイント  (0子コメント)

Think of it like putting money in a safe and then burying the safe. The blockchain is like a map to everybody's safe, and the wallet is like the key to your own safe.

The map still exists, but the key is gone forever, so the money in the safe is essentially lost forever as well.

[–]EqualResponsibility 0ポイント1ポイント  (0子コメント)

They also don't physically exist. It's a cryptographic key which can be used to algorithmically prove he owned X number of coins. It's too difficult to randomly guess the key that it would cost more in power time and effort than they would ever be worth to 'brute force' find them. Essentially they are forever lost in the chain of signatures that exist today.

As for people asking what they at worth: $64,000 'worth' of BTs would be a lot easier to turn into US currency than larger amounts. He could easily trade a smaller amount over the course of a few weeks for items that have solid monetary value and then sell those items for cash.

[–]1BitcoinOrBust 0ポイント1ポイント  (0子コメント)

Bitcoins are forever, but the title to bitcoins (i.e. the right to transfer bitcoins over the internet) is in the form of a bunch of bytes that the owner must retain.

Bitcoin is completely decentralized: there is no central bank or government or routing agency in control of it. It is a permissionless network of nodes (eg your home PC running bitcoin node software). This network uses a distributed consensus protocol to keep track of which address owns how many bitcoins, in a public ledger called the blockchain.

In order to move bitcoins, you have to broadcast a transaction signed with a private key (ie a key that only you possess), and then this distributed network registers the transfer on the blockchain.

You would have get the entire bitcoin network to change the fundamental protocol underneath bitcoin in order to get around a lost private key, something that will destroy bitcoin quickly through loss of credibility.

So yes, the bitcoins are there, and will always be there, but they are lost because the private key that is necessary to move them is lost.

[–]Buttkicker98 3ポイント4ポイント  (2子コメント)

My question is why would you get rid of the bitcoins? I understand that it's only $11 but money is still money, that I've had times where something I wanted was $5 out of my price range and a bit of extra money would have been great.

[–]me_is_idiot[S] 7ポイント8ポイント  (0子コメント)

I didn't remember I even had the coins until I found the note in the re-used box.

[–]y0y0ma 0ポイント1ポイント  (0子コメント)

I used to sell those trading cards you get on Steam for $0.03 each and end up buying a game in the next summer sale using this money. Now I don't play so much.

[–]poormilk 3ポイント4ポイント  (0子コメント)

it's okay I owned over 1,000,000 worth at one point and all I got was fake drugs.

[–]APersoner 1ポイント2ポイント  (0子コメント)

I first came across bitcoin chatting on irc to someone developing some stuff around in years ago, when they basically had no real value. Thought he was completely exaggerating how big they would get at never bothered mining anyway. Sometimes wonder how much I'd've made if I had.

[–]ExplorerOfHoles 1ポイント2ポイント  (0子コメント)

At first I thought you said 'emails'... ..................................

[–]LordOfThePC 1ポイント2ポイント  (0子コメント)

As far as I'm concerned you lost $11.

[–]kyonu 2ポイント3ポイント  (0子コメント)

I saw "poor college student" and immediately thought this was a story about how college has drained your life finances.

Interesting turn of events.

[–]ThatAssholes 1ポイント2ポイント  (0子コメント)

Interesting how years later people are still getting burned when it comes to bitcoin's massively increased value. This reminds me of the story of the several million dollar pizza.

[–]Preppers 1ポイント2ポイント  (0子コメント)

I feel you. I sold coins for a pittance (or gambled them away) for a few $100 which would've been worth $15k at the peak. Though it gives me some comfort to know I'm not the only one.

[–]Grudlann 0ポイント1ポイント  (0子コメント)

I'd start dig up trash everywhere looking for that old hard drive, it's more than 60 grand...

[–]mataleo 0ポイント1ポイント  (0子コメント)

Computer says nooooo

[–]Ewindal 0ポイント1ポイント  (1子コメント)

This is good for Bitcoin.

[–]TheSandwichOfEarl 0ポイント1ポイント  (0子コメント)

well, for bitcoin holders it is. lost bitcoins means a decrease in the total supply of all bitcoins - all bitcoin holders are a tiny bit richer now.

[–]StarBeasting 0ポイント1ポイント  (0子コメント)

This reads almost exactly the same as a story I read in the paper about a year ago.

[–]Hamadalmanna3i 0ポイント1ポイント  (0子コメント)

FUUUUUUUUUCKK I'm not the one who lost the money and I'm pissed. I can't imagine how your heart sank when you found out how much they're worth.

[–]newpostbanaccount 0ポイント1ポイント  (0子コメント)

This happened to a lot of people. But it's one of the things that gives it value. So many unspendable coins.

[–]Freakawn 0ポイント1ポイント  (0子コメント)

I remember downloading and starting to mine bitcoins.

I got quite a few, thought it was the stupidest thing I've ever done, and forgot about it.

I can't remember how many I had, but shit I wish I stuck with it.

[–]DeepDough 0ポイント1ポイント  (0子コメント)

Thought bitcoins "only was worth" $350 a piece :/

[–]chilli79 0ポイント1ポイント  (1子コメント)

I've gone through the same shit. I owned 35 bitcoins. Forgot about them. My laptop caught a bad virus, prohibiting it to boot. So I formatted the hd and setup a fresh install. Totally forgot about the bitcoins. At the moment I realized my mistake they were worth 28.000€. This was really the worst fuckup I ever had achieved (still is) I tried recovery and even found the wallet.dat, but it had been partly overwritten by new data and couldn't be recovered.

I still bang my head against the wall everytime I think of this. Thanks for making me think of it again. ouch

[–]badgerfare 0ポイント1ポイント  (0子コメント)

At least you can console yourself that you weren't the guy who threw out $7.5 million in bitcoin.

[–]danniusmaximus 0ポイント1ポイント  (0子コメント)

At one point they were worth 1600 each

[–]11037leonkuwata11037 0ポイント1ポイント  (0子コメント)

Oh god... This just makes me sad on so many levels... :(

[–]kittymonroe2 0ポイント1ポイント  (0子コメント)

This reminds me sorta of /u/sobeyharker and his pizzza/bitcoin fuckup.

One of my favourite things about Reddit and the power of /r/randomacftsofpizza :)

[–]T-Chill 0ポイント1ポイント  (0子コメント)

I have ~ 0.65 bitcoins from years and years ago. I forgot where to look to see, but what does that convert too right about now?

EDIT: nvm, It's about 450$ USD per coin. (At the moment).

[–]Sfitch88 0ポイント1ポイント  (0子コメント)

Some garbage man that goes through these things is now happy as hell.

[–]IHaveBearArms 0ポイント1ポイント  (2子コメント)

I fucked up when I didn't buy them when they came out.

When they first came out I think it was .05 cent to buy one, I was going to buy some but quickly forgot about it.

I then Saw it at a dollar per btc, I kicked myself and considered that I Had missed my window. I had figured that I should have spent 20$. I thought again about investing at least 50$ but decided the ride had reached the end and forgot all about it...

[–]Soli--Noid 0ポイント1ポイント  (1子コメント)

And when they were over $1000/btc, how did you feel?

[–]Mikal_Scott 0ポイント1ポイント  (1子コメント)

I wonder whats worse...you losing 150 bitcoins, or that guy Lazlo who spent 10,000 bitcoins on $30 worth of pizza.

[–]wetryagain 0ポイント1ポイント  (0子コメント)

Pay someone to scour that hard drive.

[–]Elite_v1 0ポイント1ポイント  (0子コメント)

Hopefully you can get your bitcoins back somehow.

Get those guys from NCIS to try and recover the hard drive. They can work wonders with two people and one keyboard

[–]Sttmb12r 0ポイント1ポイント  (0子コメント)

Holy fuck dude.

[–]wfineb 0ポイント1ポイント  (0子コメント)

If you can get the wallet seed, you can recover it.

[–]efvonzee 0ポイント1ポイント  (0子コメント)

This is a massive fuckup. Damn those elusive cryptocurrencies.

[–]kolt54321 0ポイント1ポイント  (0子コメント)

Sorry for your loss.

On the bright side (is there a bright side?), it isn't as bad as destroying 6700 pages of a classified document, right?

...I'm still waiting for the TIFU on that one.

[–]KlassikKiller 0ポイント1ポイント  (0子コメント)

You should of had them on an online BitWallet, fam.

[–]eric2332 0ポイント1ポイント  (0子コメント)

Find a computer expert and offer to split the money 50-50 (or whatever) if they can recover the wallet. If it's at all recoverable, they'll jump at the chance...

[–]Graple 0ポイント1ポイント  (0子コメント)

I had around 18 bitcoins at one point when they were around $6 each, but I spent them all on silk road, not thinking that they could ever go up that much in value.