This guy has lost 103 Bitcoins - page 67.

Squirtle08

newbie

Activity: 15

Merit: 0

Quote from: Jating on January 07, 2018, 04:07:51 PM

Quote from: Cryptoshops on January 07, 2018, 03:18:07 PM

This guy has lost 103 bitcoins he mined back in 2011 and then lost his wallet dat file similar to what I have done but wow this guy must be gutted the amount of money he has lost compared to me

His Address 166BuLPWHUjqoqiYp5rGE3B5r5AmqgHpoL Final Balance 103.20832384 BTC

So many people have the same problem and I wonder just how much Bitcoin is stuck not being able to be used Sad

He says "I used to mine Bitcoin back in 2011 and I lost my wallet.dat file (through several stupid moves on my part). It's got approx 103 BTC in it, anyone is welcome to it, I've given up trying."

https://cointelegraph.com/news/up-to-four-million-bitcoins-gone-forever

It says up to 4 million. So that guy who lost his 103 is another statistics. Really just sad though to see someone lost a lot of money because they either don't believed that bitcoin will skyrocketed or they are just plain stupid and not backing up everything and literally throw their money away.

Can you share more about the story though? Is this a new story or an old one because we have seen a lot of people losing their bitcoins. If will be really good if you can give us a link or something.

I'd go crazy if I lose even 5BTC I wonder how those people who lost hundreds of btc is coping up for their losses. We should all learn a lesson or two from these scenarios. No matter how we keep it safe from hackers it is still in our hands how we handle our coins. Losing private keys, necessary files to open our wallet and/or even accidentally throwing out hardware that contains our btc are definitely in our hands. Don't be complacent and think that your coins are safely tucked somewhere in your house especially if someone in your home (wife, children and even your maids!) can have access to it and they have no idea what it contains.

BORDS

newbie

Activity: 26

Merit: 0

this is indeed a sad story.
hopefully this will also serve as a reminder to everyone to keep their wallet.dat and private keys safe.
let us always remember that we cannot blame anyone for this tragic event from happening.
it is only as that can guarantee the safety of our coins.
.
i am also hopeful that this won't ever happen to anyone again.

JohnsonX

member

Activity: 120

Merit: 10

Quote from: Dhaaaw on January 07, 2018, 10:27:57 PM

I dont feel sorry for him, reckless people shouldnt be rich anyway.

Oh c'mon I've lost some altcoins that way too, fortunately small amounts. It happens, you format your drive, malware, hardware failure etc. It must feel really bad to lose that much.

Dhaaaw

full member

Activity: 140

Merit: 100

What would be more plausible than losing the dat file that easily ,is that this guy didn't even bother to try and secure it or didnt even care about it since 103 bitcoin back then wasn't much. He probably started regretting his actions many years later when that much bitcoin did matter as a life changing amount. I dont feel sorry for him, reckless people shouldnt be rich anyway.

douheyu

newbie

Activity: 35

Merit: 0

UR，I just want to say...it seems many people lost it,more number....maybe it can comfort this poor guy

semobo

full member

Activity: 1498

Merit: 146

This shows the people's knowledge about bitcoin in early days they did mining even backup the wallet file.In 2011 the 103 bitcoins is very small amount but now the value is almost 4 million he maybe really disappointed for that.This is the great lesson for everyone we need to backup every important detail because all of them are money.
But if you can't find your wallet file then your bitcoins will be lost forever.

deadlanes

newbie

Activity: 238

Merit: 0

waw pity this guy lost BTC up to 103, was not only in the outside world, on the internet there is also a thief. pity this guy has been struggling to find BTC even people who think bad take it.
hopefully this person is patient and this is also a trial for that person.

SPIRIT!!!

Donned

member

Activity: 196

Merit: 10

Distributed Credit Chain

Quote from: Cryptoshops on January 07, 2018, 03:18:07 PM

This guy has lost 103 bitcoins he mined back in 2011 and then lost his wallet dat file similar to what I have done but wow this guy must be gutted the amount of money he has lost compared to me

His Address 166BuLPWHUjqoqiYp5rGE3B5r5AmqgHpoL Final Balance 103.20832384 BTC

So many people have the same problem and I wonder just how much Bitcoin is stuck not being able to be used Sad

He says "I used to mine Bitcoin back in 2011 and I lost my wallet.dat file (through several stupid moves on my part). It's got approx 103 BTC in it, anyone is welcome to it, I've given up trying."

It was a pity that he missed the chance to make a fortune.

iterra

jr. member

Activity: 50

Merit: 10

There is a guy in Australia still searching through a tip looking through trash for his hard-drive that he threw away with >$140m of BTC... Would rather try and recover a DAT file though...

Scorpion

hero member

Activity: 887

Merit: 516

Bitcoin OG

Yes, I'm afraid he's lost his coins. But this is important lesson to be learned, in order for Bitcoin to be secure in this manner it's crucial for people to back up their wallet.dat files or private keys. Don't mess around with this sort of technology.

Bloomie

newbie

Activity: 84

Merit: 0

The ultimate HODLer, someone who completely lost his coins Tongue

In all seriousness though that must suck to lose that much money. My question is, does BTC getting locked and being unreachable like this make the value of the circulating supply higher? I would think since we will never have that full 21 million circulating it will make the supply even lower, and therefore the price higher.

Chanock

full member

Activity: 476

Merit: 102

103 bitcoin! man its a big money you've lost. Its very embarrassing, and it is sad to know that it happen. Maybe because bitcoin have no value in year 2011 but now look, you lost a lot money because of losing wallet address. 103 bitcoin now is very big money and you can buy any want you want even a ferrari you can buy in this kind of amount of bitcoin.

wilhb81

full member

Activity: 224

Merit: 100

Any store can buy, sell, and accept Crypto

Quote from: Jating on January 07, 2018, 04:07:51 PM

Quote from: Cryptoshops on January 07, 2018, 03:18:07 PM

This guy has lost 103 bitcoins he mined back in 2011 and then lost his wallet dat file similar to what I have done but wow this guy must be gutted the amount of money he has lost compared to me

His Address 166BuLPWHUjqoqiYp5rGE3B5r5AmqgHpoL Final Balance 103.20832384 BTC

So many people have the same problem and I wonder just how much Bitcoin is stuck not being able to be used Sad

He says "I used to mine Bitcoin back in 2011 and I lost my wallet.dat file (through several stupid moves on my part). It's got approx 103 BTC in it, anyone is welcome to it, I've given up trying."

https://cointelegraph.com/news/up-to-four-million-bitcoins-gone-forever

It says up to 4 million. So that guy who lost his 103 is another statistics. Really just sad though to see someone lost a lot of money because they either don't believed that bitcoin will skyrocketed or they are just plain stupid and not backing up everything and literally throw their money away.

Can you share more about the story though? Is this a new story or an old one because we have seen a lot of people losing their bitcoins. If will be really good if you can give us a link or something.

Wow, up to 4 million dollars worth of Bitcoin is definitely a big amount. Frankly speaking, most of the earlier Bitcoin's miners didn't expected that Bitcoin price is going to accelerate rapidly. If they did - I bet they will take all the precautions to protect their Bitcoins from being lost~

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: Cryptoshops on January 07, 2018, 03:18:07 PM

This guy has lost 103 bitcoins he mined back in 2011 and then lost his wallet dat file similar to what I have done but wow this guy must be gutted the amount of money he has lost compared to me

His Address 166BuLPWHUjqoqiYp5rGE3B5r5AmqgHpoL Final Balance 103.20832384 BTC

So many people have the same problem and I wonder just how much Bitcoin is stuck not being able to be used Sad

He says "I used to mine Bitcoin back in 2011 and I lost my wallet.dat file (through several stupid moves on my part). It's got approx 103 BTC in it, anyone is welcome to it, I've given up trying."

this is another sad story that I know and I think there are more people which are lost the bitcoin in the wallet.dat. I think it is because in that year (2009-2012), bitcoin is not yet worth it and people only mining for fun and because of curiosity. maybe they just mining and then after they found bitcoin, they leave the bitcoin in their wallet without thinking that bitcoin will be blow up in the next years. and when they realize in 2012-2015, they try to search their wallet and hope that they still save it to their computer.

I think if he still uses the same computer with his mining before, maybe he can find his bitcoin but the problem is, did he still keep the private key to unlock his wallet or he missed the place he stores his bitcoin.

BaZiZu

newbie

Activity: 13

Merit: 0

Well, this guy won’t expect Bitcoin to worth this price now. Nevertheless, I hope he is able to recover dat file.

goaldigger

sr. member

Activity: 2422

Merit: 357

1 bitcoin now is so suicidal, what more if 103 BTC. What did he do? I think he's wallet and account has been hacked. I wonder where that huge amount of money will do after being frozen.

jackielim

full member

Activity: 434

Merit: 100

How come it was happened? Unless there's a person knows about his credential. Thus, everyone be mindful in giving the confidential information. Most especially at the moment, bitcoin really in demand in the market and the value is getting higher.

felipe04

full member

Activity: 308

Merit: 100

OP if that the case i think find a way to earn again like that because it's already gone nothing gonna happen and in post also nothing here can help you in the problem.You need only to follow what you do to earn then do it again and save properly your private key first for not repeating the same happening in the btc,another thing it can earn again so don't lose hope and learn from that mistake.

entrepmind23

sr. member

Activity: 644

Merit: 261

He mined it way back in 2011 so it is not that much valuable and no one is expecting it that it would be that much valuable nowadays. As he cannot find his wallet.dat file then he can just try to earn it again though 103 bitcoin is quite hard if you have small amount to start with but if you are really a good trader and be lucky at times then it would be achievable.

This would remind us to always back up our file and not be complacent when it comes to our funds because we never know what will happen. Furthermore, there may be some coins that don't have that much value nowadays that we are holding bags of but since cryptoworld is in early stages, there is still a higher possibility that it would be much more in the future so better back up all the needed files because we don't want to lose another opportunity.

Pamela Jobelle

member

Activity: 154

Merit: 10

When it comes of restoring your wallet or bitcoin you need to back it up when time comes this will be happen. It's better to be say than not.

Topic: This guy has lost 103 Bitcoins - page 67. (Read 8077 times)