The idea of tossing his hard drive laden with 7500 bitcoin was not an informed one, obviously, but who would have imagined that it'll be worth a fortune today.
Topic: Owner of 8K bitcoin lost in landfill threatens to bankrupt local council - page 4. (Read 1738 times)
October 05, 2023, 06:24:09 PM
The idea of tossing his hard drive laden with 7500 bitcoin was not an informed one, obviously, but who would have imagined that it'll be worth a fortune today.
October 05, 2023, 01:32:37 AM
https://protos.com/owner-of-8k-bitcoin-lost-in-landfill-threatens-to-bankrupt-local-council/
I think him lashing out at the city council and threatening to sue them doesn't make bitcoin look good. wherever his hard drive is, if it's in that trash dump i don't see how even a data recovery expert could get anything off of it. it's probably been crushed, cracked, corroded, etc. lost cause. his big mistake was throwing it away in the first place but that was his fault no one elses. he lost those bitcoin a long time ago. and they're not coming back.
I think him lashing out at the city council and threatening to sue them doesn't make bitcoin look good. wherever his hard drive is, if it's in that trash dump i don't see how even a data recovery expert could get anything off of it. it's probably been crushed, cracked, corroded, etc. lost cause. his big mistake was throwing it away in the first place but that was his fault no one elses. he lost those bitcoin a long time ago. and they're not coming back.
I think he should be given a chance at his luck you know. He has been on it for a very long time, although I consider it unhealthy, hygienically, but it might be his own shot at destiny, at least, he isn't imposing the bill on anyone to take care of.
The idea of tossing his hard drive laden with 7500 bitcoin was not an informed one, obviously, but who would have imagined that it'll be worth a fortune today. The city council should allow him do his unearthen process and give his luck a try.
September 28, 2023, 11:44:44 PM
~~~
The guy from this news is humiliated more and more, although he probably guesses that he will never get his eight thousand bitcoins back. He needs to accept this fact and start living without thinking about it, starting everything from scratch. Even if he finds this disk, but most likely the condition of the disk drive will be unsatisfactory for operation. Most likely there is an ide hdd, but even if it were sata, the disk can not only be irretrievably damaged by external influences, but if it was lying on the street, then humidity and temperatures finally finished crush this ide.
https://www.youtube.com/watch?app=desktop&v=7REN3yYPY6E
And what else is left to do? Let him always think now that he could be rich, and how much I know human nature - now, always learning the price of bitcoin, he will think "but my 15,000 bitcoins could be $ 400 million." But our human psychology is very flexible and I think that he will not worry much about such a loss. In the end, the main thing is your health and the health of your loved ones, and you can always figure out how to earn money.
September 28, 2023, 02:27:47 PM
Some people are gifted, and have that ability to easily let things slide or go, most especially, things they know that they no longer have power over, ...
That is well said in my opinion. It doesn't make much sense to me e.g. if people calculate how much those two pizzas have costed with current value of Bitcoin. At the time in 2010 those 10,000BTC weren't worth that much and for Laszlo it was OK and fair to offer that amount of bitcoins. And as far as I read somewhere Laszlo is fine with that milestone in Bitcoin history.
If you are the type who calculates past spends with today's rates and you loose your mind a little bit or more, then I suggest you stick to hodling.
Life is too precious to hold on to the past and worry. Learn to let go and live a happier life.
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September 28, 2023, 04:08:48 AM
~~~
The guy from this news is humiliated more and more, although he probably guesses that he will never get his eight thousand bitcoins back. He needs to accept this fact and start living without thinking about it, starting everything from scratch. Even if he finds this disk, but most likely the condition of the disk drive will be unsatisfactory for operation. Most likely there is an ide hdd, but even if it were sata, the disk can not only be irretrievably damaged by external influences, but if it was lying on the street, then humidity and temperatures finally finished crush this ide.
https://www.youtube.com/watch?app=desktop&v=7REN3yYPY6E
Some people are gifted, and have that ability to easily let things slide or go, most especially, things they know that they no longer have power over, but some other people, letting go is difficult, accepting that something is completely lost is a 'No for them, because accepting such could mean death for them.
September 28, 2023, 03:56:44 AM
https://protos.com/owner-of-8k-bitcoin-lost-in-landfill-threatens-to-bankrupt-local-council/
I think him lashing out at the city council and threatening to sue them doesn't make bitcoin look good. wherever his hard drive is, if it's in that trash dump i don't see how even a data recovery expert could get anything off of it. it's probably been crushed, cracked, corroded, etc. lost cause. his big mistake was throwing it away in the first place but that was his fault no one elses. he lost those bitcoin a long time ago. and they're not coming back.
This has nothing to do with Bitcoin as it is entirely the person's fault. If the man had kept his keys in a well-protected place or at home, this would never have happened and he had completely forgotten about it. If he had kept his key/seed phrase stored in a safe place in his home, he would never have lost so much money. It's really stupid to forget the keys to a wallet with so much money, and it would be completely wrong for this person to blame or pressure the city council for this. Although he has lost a large amount of money, he may have suffered a lot for which he is blaming others. But it is not right to blame someone else for his own mistakes surely he will understand when he is in full health. He may be mentally broken because of losing a lot of money but later he will surely understand and then he will not blame anyone but he will realize his own fault. I think him lashing out at the city council and threatening to sue them doesn't make bitcoin look good. wherever his hard drive is, if it's in that trash dump i don't see how even a data recovery expert could get anything off of it. it's probably been crushed, cracked, corroded, etc. lost cause. his big mistake was throwing it away in the first place but that was his fault no one elses. he lost those bitcoin a long time ago. and they're not coming back.
September 28, 2023, 03:06:16 AM
~~~
The guy from this news is humiliated more and more, although he probably guesses that he will never get his eight thousand bitcoins back. He needs to accept this fact and start living without thinking about it, starting everything from scratch. Even if he finds this disk, but most likely the condition of the disk drive will be unsatisfactory for operation. Most likely there is an ide hdd, but even if it were sata, the disk can not only be irretrievably damaged by external influences, but if it was lying on the street, then humidity and temperatures finally finished crush this ide.
https://www.youtube.com/watch?app=desktop&v=7REN3yYPY6E
September 22, 2023, 01:49:16 AM
I can assure you, there will be no community voting no miners agreement, it's not like he was active on "forum" for years using his address, everyone knowing him etc,
September 21, 2023, 11:23:05 PM
I am sure many including himself have tried to find the private key corresponding to the address.
one way they could fix it is if the bitcoin community voted in favor of restoring his bitcoin balance to a new address and we just edited the blockchain to reflect that. that would take the cooperation of miners. but i think the main objection most people would have to that is they dont want more bitcoins in circulation because their bitcoins then have less value...
I can assure you, there will be no community voting no miners agreement, it's not like he was active on "forum" for years using his address, everyone knowing him etc, some random person coming here claiming he owns some address is not enough, I also checked that address containing 8000 coins, in 2009 first transaction was pay to public key hash using rmd160 hash, and since it has no outputs, he should forget about it, end of story. Imagine the face of faketoshi when he hears about someone restoring 8000 coins by talking with community and miners, lol
September 21, 2023, 09:58:11 PM
https://protos.com/owner-of-8k-bitcoin-lost-in-landfill-threatens-to-bankrupt-local-council/
I think him lashing out at the city council and threatening to sue them doesn't make bitcoin look good. wherever his hard drive is, if it's in that trash dump i don't see how even a data recovery expert could get anything off of it. it's probably been crushed, cracked, corroded, etc. lost cause. his big mistake was throwing it away in the first place but that was his fault no one elses. he lost those bitcoin a long time ago. and they're not coming back.
Again this guy? Again?! That hard disk is lost forever, it's now been 10 years, it could be under tons of trash of even completely destroyed. I don't understand how he can sue the city for not giving him the permit to do whatever he wants like he owns the place. It's just ridiculous what he is doing, just get over it, you will never get those bitcoins back, focus on your current life instead of being stuck in the past.I think him lashing out at the city council and threatening to sue them doesn't make bitcoin look good. wherever his hard drive is, if it's in that trash dump i don't see how even a data recovery expert could get anything off of it. it's probably been crushed, cracked, corroded, etc. lost cause. his big mistake was throwing it away in the first place but that was his fault no one elses. he lost those bitcoin a long time ago. and they're not coming back.
September 21, 2023, 09:21:03 PM
The guy from this news is humiliated more and more, although he probably guesses that he will never get his eight thousand bitcoins back. He needs to accept this fact and start living without thinking about it, starting everything from scratch. Even if he finds this disk, but most likely the condition of the disk drive will be unsatisfactory for operation. Most likely there is an ide hdd, but even if it were sata, the disk can not only be irretrievably damaged by external influences, but if it was lying on the street, then humidity and temperatures finally finished crush this ide.
in that video he was talking about how they were going to be "giving back" with some charitable donation plan once they recovered his bitcoin. i wonder if he would be so charitable if he didn't have to though. because the more money he gives away the more people would maybe support his ideas to dig up that hard drive...
8000 x 25,000 = 200,000,000 if it costs 4 million to search for it he needs to give the town 8,000,000 upfront and the town turns a 4,000,000 profit zero questions asked.
He does not have that money so he needs a backer. The backer puts up the 8,000,000
if the money is found and recover the backer gets ½
I doubt he ever gets the backer and its a lost cause.
September 21, 2023, 09:09:19 PM
The guy from this news is humiliated more and more, although he probably guesses that he will never get his eight thousand bitcoins back. He needs to accept this fact and start living without thinking about it, starting everything from scratch. Even if he finds this disk, but most likely the condition of the disk drive will be unsatisfactory for operation. Most likely there is an ide hdd, but even if it were sata, the disk can not only be irretrievably damaged by external influences, but if it was lying on the street, then humidity and temperatures finally finished crush this ide.
in that video he was talking about how they were going to be "giving back" with some charitable donation plan once they recovered his bitcoin. i wonder if he would be so charitable if he didn't have to though. because the more money he gives away the more people would maybe support his ideas to dig up that hard drive...
September 20, 2023, 11:49:54 PM
~~~
The guy from this news is humiliated more and more, although he probably guesses that he will never get his eight thousand bitcoins back. He needs to accept this fact and start living without thinking about it, starting everything from scratch. Even if he finds this disk, but most likely the condition of the disk drive will be unsatisfactory for operation. Most likely there is an ide hdd, but even if it were sata, the disk can not only be irretrievably damaged by external influences, but if it was lying on the street, then humidity and temperatures finally finished crush this ide.
September 20, 2023, 11:23:42 PM
I am sure many including himself have tried to find the private key corresponding to the address.
one way they could fix it is if the bitcoin community voted in favor of restoring his bitcoin balance to a new address and we just edited the blockchain to reflect that. that would take the cooperation of miners. but i think the main objection most people would have to that is they dont want more bitcoins in circulation because their bitcoins then have less value...
September 20, 2023, 08:44:13 PM
-snip-
1 year ago he has found the Blockchain address (visible in the video) and knows he mined 8000 BTC back in 2009
1 year ago he has found the Blockchain address (visible in the video) and knows he mined 8000 BTC back in 2009
I watched it until the 5:41nd minutes, it seems like the garbage dump also has a shredder. Aren't bitcoin owner also thinking that the HD wallets ended up in that machine a long time ago? The supervisory council's rejection may have known that this man's proposal was a waste of work to do besides causing detrimental effects.
September 20, 2023, 08:01:00 PM
1 year ago he has found the Blockchain address (visible in the video)
I don't usually open any external links in posts, but since you have much intel on this guy than anyone else around here, why don't you tell us how exactly did he find his address? Did he transfer block rewards from several addresses to that one address? Is the address holding 8000 coins a virgin address or has it's public key revealed?If the transfer happened in 2009, 2010, then the public key should be known since pay to public key was the norm back then, could you let us have it or do we need to pause the video and find it ourselves?
I am willing to work on it for 50%, also note that 99.999999% I will die before cracking a 256 bit key.😅 but it never hurts to have hope and try the best we can, I mean I would say 4000 bitcoins somehow has the power of raising the dead if I was an atheist. Lol.
There was no 7500 BTC address, so it had to be the 8000 BTC address from 2009, the year he knew he had tried it out.
I am sure many including himself have tried to find the private key corresponding to the address. The wallet.dat file that is on the hard drive that he threw away at the trashdump, contains the private key.
September 19, 2023, 03:06:14 AM
1 year ago he has found the Blockchain address (visible in the video)
I don't usually open any external links in posts, but since you have much intel on this guy than anyone else around here, why don't you tell us how exactly did he find his address? Did he transfer block rewards from several addresses to that one address? Is the address holding 8000 coins a virgin address or has it's public key revealed?If the transfer happened in 2009, 2010, then the public key should be known since pay to public key was the norm back then, could you let us have it or do we need to pause the video and find it ourselves?
I am willing to work on it for 50%, also note that 99.999999% I will die before cracking a 256 bit key.😅 but it never hurts to have hope and try the best we can, I mean I would say 4000 bitcoins somehow has the power of raising the dead if I was an atheist. Lol.
September 18, 2023, 10:52:39 PM
9 years ago he thought he had mined 7500 BTC He obviously didn't know the Blockchain address. At the time he also thought that the bitcoins are stored in the wallet.dat file on the hard drive.
https://youtu.be/0tMXLDVpPs8?t=1
future update: he applies undercover for a job at the landfill and on his breaks he drives around one of those big machines trying to dig up his hard drive.
i'll have to watch that 2nd video you linked to but i still confuse why he thought his bitcoin was on his new computer. especially since he switched hard drives.
September 18, 2023, 03:03:39 PM
It's time for this guy to accept this fate of such an unbearable loss and move on with his life. This is a much better option than trying to find a needle in a haystack.
just imagine if once he runs out of options with the city council and the lawsuit he turns to the bitcoin community and asks them for donations to get him his 8000 bitcoin back. i'd be surprised if anyone gave him anything.
It is irrelevant if anyone outside the council were to decide to donate funds to finance the search for the hard drive. The guy wouldn't get access to the landfill. This is what the problem is all about.
@fruktik while I agree with most of what you said, the reasons why the council would not want the garbage to be dug through could vary quite a lot!
I am really not sure if this Quote
At landfills there is a chance of picking up some kind of bacilli, which will lead to an epidemic or something like that.
is their biggest concern
Who knows who is hiding corpses there. And who knows if they didn't already try secretly to find it themselves. I think a quarter billion dollars makes people come up with quite wild ideas. But it also depends what size the landfill is. If it's one of those local little things, it doesn't even have to be that big. But there are also huge landfills where the saying the needle in the hay would probably still be an understatement. But I agree with you that the hard drive must be dead by now. No way it remained dry or unaffected for almost a decade? And you are also right because why would it even still be there after such a long time? Didn't give that a second thought. But that's why I said they should have potentially said yes when he first reached out (if all the info provided in the articles is true).
September 18, 2023, 08:21:11 AM
think about it. he was so careless he didn't even backup that one hard drive. that means he didn't store anything. no private keys so probably nothing else either. who is dumb enough to store their public keys but not their private ones. no one. he probably never even used bitcoin for anything either. so unlikely he would have even concerned himself with his actual addresses. sounds like he just mined those bitcoin and forgot all about it. like it was some worthless thing.
He just tried it out for fun a couple of months, got 8000 BTC and thought nothing more about it. No one did, it was just a trial period, early on in 2009. Jump to: