Topic: 9000 Bitcoins in this wallet. (Read 630 times)
The day he cashes out, he will be the cause of the breaking of the crypto bubble
one guy lost 9000 btc in 2010 the btc are still sitting there https://blockchain.info/address/167ZWTT8n6s4ya8cGjqNNQjDwDGY31vmHg
-Crypto Piece
I think he is saddened to lose big BTC because actually 9000BTC at this moment is huge and can help him get everything in the world. For me everyone is wrong and this 9000 BTC will never be used -Crypto Piece
I have both Bitcoins and Litecoins stuck which I cannot use from back in 2012
The litecoins are worth around £2000 GPB The bitcoins are only worth about £480 GPB so in total I have lost £2480 lol
Back in 2012 I really dont remember people talking about private keys, all I remember was to keep your address and wallet password so that was all I did keep. I have even searched my hardrive for the wallet.dat files and the ones I found wont dump the private keys so they are obivously not the correct ones. We all live and learn lol
The litecoins are worth around £2000 GPB The bitcoins are only worth about £480 GPB so in total I have lost £2480 lol
Back in 2012 I really dont remember people talking about private keys, all I remember was to keep your address and wallet password so that was all I did keep. I have even searched my hardrive for the wallet.dat files and the ones I found wont dump the private keys so they are obivously not the correct ones. We all live and learn lol
nice
This is a funny story, just like the famous Lazlo pizza story. But probably both this guy and Lazlo had lots of other Bitcoins to console themselves later. And many many other people must have sold their coins when they were cheap. Even I have sold one big bag of an altcoin in April for 3000$ and if I hadn't now I would sit on 3 Million $... which perhaps will be 30 in 5 years time. So you see, these stories happen again and again... even to me! 
Last transaction was made on 2016-01-21 and I guess the other sent fractions are just tested for burning. Do you know on who's this person or where did you got this address? That's a lot of bitcoins computing 9,000 BTC * $13,460 = it's a shining $121,140,000.
https://bitcointalk.org/index.php?topic=782.5
This is the story. It sounds like it was a very easy mistake to make back in the day. These days we're spoilt for choice in terms of wallets and the protection they offer. Any one of us might have made the same balls up.
This is a bad story. The owner might be gone mad and became insane because of this. so unfortunate.
I hope they can still find a solution for this simple problem.
If I had that amount of bitcoins I don't want this story happen to me lol
Deym that amount of bitcoin was a huge amount of money if traded to flat today and surely that guy will be living in luxury. 
May be this guy stores 9000 bitcions at this wallet and wait for best time to sell it cold-mind investor )))
cold-mind investor ))) one guy lost 9000 btc in 2010 the btc are still sitting there https://blockchain.info/address/167ZWTT8n6s4ya8cGjqNNQjDwDGY31vmHg
-Crypto Piece
This is normal, because early bitcoin is not worth much, so many people forget to back up their private keys. -Crypto Piece
This is really sad here is a huge number, just because of carelessness that he has lost what he should have owned. Now we can only watch he wallet and sad.
It's great to have that much money, but I think he wont recover teh password or none can do it.
Guys who can help him for recovering password? and how we can trust these blockchain? it is bad for anyone who lost their password and unable to recover it, so trusting Bitcoin is the biggest faulty thing for us.
Guys who can help him for recovering password? and how we can trust these blockchain? it is bad for anyone who lost their password and unable to recover it, so trusting Bitcoin is the biggest faulty thing for us.
Last transaction was made on 2016-01-21 and I guess the other sent fractions are just tested for burning. Do you know on who's this person or where did you got this address? That's a lot of bitcoins computing 9,000 BTC * $13,460 = it's a shining $121,140,000.
https://bitcointalk.org/index.php?topic=782.5
This is the story. It sounds like it was a very easy mistake to make back in the day. These days we're spoilt for choice in terms of wallets and the protection they offer. Any one of us might have made the same balls up.
This is a bad story. The owner might be gone mad and became insane because of this. so unfortunate.
I hope they can still find a solution for this simple problem.
one guy lost 9000 btc in 2010 the btc are still sitting there https://blockchain.info/address/167ZWTT8n6s4ya8cGjqNNQjDwDGY31vmHg
-Crypto Piece
I dont think this guy might be alive. Losing such a big amount just because you forgot those 12 words is really something you can take your life for. -Crypto Piece
Does he even know that he is a billionare today but to his misfortune can't access his funds. Its seriously the biggest loss of all time.It is way back 2010, he didn't know that the price of bitcoin will go up to 15k usd right now.
But If he is already know. He probably banging his head into the wall. hehe
it's really amazing to have up to 9000 bitcoin, I dare not dream of having up to 9000 bitcoin. I would have trouble sleeping because it has so much treasure.
WOW 9000 bitcoin loss. I wonder what are the feelings of that person now.
He stay at comp all time and try to remember password or recovery words
I just want to have a right amount so that I could purchase my own house, a car, trip abroad, pay bills, retirement funds, insurance, educational plan, passive investment like real estate, give something to the church, my parents and siblings perhaps.
The nondeterministic wallets at that time were completely random as well? Therefore no possibility to guess/brute force it?
So really you need to use leger nano s! For me it will also be a lesson in life! You can not trust yourself, It's better to do everything quality 1 time than to lose everything later... There are hackers, or you yourself will go wrong. 3 is not.
one guy lost 9000 btc in 2010 the btc are still sitting there https://blockchain.info/address/167ZWTT8n6s4ya8cGjqNNQjDwDGY31vmHg
-Crypto Piece
omg 8,999 BTC lost, the number is very much, I do not know what to do if I lose Bitcoin this much, it is a lesson to continue to be careful in doing anything... -Crypto Piece
This means if you use an HD wallet, you can eliminate the risky effect of the change address generation, because your change addresses are already generated and stored in the HD wallet itself? So if you don't spend the whole amount of the unspent output, the change will remain in your own wallet, just on the next address, and you won't need to remember the private keys, because your seed will regenerate your HD wallet anytime you need and you will have the control all of the addresses.
Yes, that is all correct. That is why HD wallets became very popular quickly after they were introduced.Does this also mean that if you use a paper wallet, you need to import the private key into an HD wallet, not to lose bitcoins because of random generated change addresses?
That depends on the wallet.For example, Electrum 2.0 and later has a "sweep" function, which sends all bitcoins (less the transaction fee) in a private key (that you copy from a paper wallet) to the next address generated from the seed key.
Mycelium can import a private key (scanned from a paper wallet) into an "unrelated account", that is separate from its "Bitcoin HD" account. I don't (yet) know where the change goes when you spend from a unrelated account.
All the recommendations I have seen say to always send the entire amount when sending from a paper wallet, to avoid issues with the change address.
I don't understand what happened there? If he sent 1 BTC to himself, then the other 8999 should be sent to a change address for which he controls the private key. That is how the deterministic wallets work today. It is not necessary to re-backup a wallet after every transaction, right?
If that is not what happened, how did the wallets back then work? Would they generate a new change address at the time of sending? In which case there was no record of the private key?
If that is not what happened, how did the wallets back then work? Would they generate a new change address at the time of sending? In which case there was no record of the private key?
This happened before deterministic wallets, which are relatively new.
At the time, the wallet would create a new, random "change" address when the transaction was created. This new address would exist only in the wallet, which would then need to be backed up.
At the time, a wallet was a collection of random addresses that would have to be backed up every time a new address was created. Now, HD wallets are pseudo-random addresses that can be recreated with one master key that doesn't change.
Does this also mean that if you use a paper wallet, you need to import the private key into an HD wallet, not to lose bitcoins because of random generated change addresses?
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