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Topic: User got access to their 127 BTC after 9 years (Read 554 times)

hero member
Activity: 491
Merit: 1259
Nihil impunitum
January 13, 2021, 04:07:57 AM
#48
One guy got access to 127 bitcoins while the other man almost lost it to 7,002 BTC.  full story. Still some bodies have to get access to 7,002 - 127 = 6,875 BTC to contain the parity. We have the shortage of supply and value every bitcoin left for us. They estimated that around 20% of BTC are lost forever.
legendary
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One guy got access to 127 bitcoins while the other man almost lost it to 7,002 BTC.  full story. Still some bodies have to get access to 7,002 - 127 = 6,875 BTC to contain the parity. We have the shortage of supply and value every bitcoin left for us. They estimated that around 20% of BTC are lost forever.
Yet many tend to forget that satoshi himself had bitcoin left in few wallets that he vowed never to be moved.
Those thousands of bitcoins are never going to be circulation either.
Whomever satoshi is or was could be deceased as far as we all know.
So having a shortage of supply in bitcoin only makes them more valuable for those who have any.
legendary
Activity: 1022
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αLPʜα αɴd ΩMeGa
sr. member
Activity: 1246
Merit: 285
~

9 years stuck in the computer, that sounds unbelievable in reality. Yeah, it was crazy to hear but I'm not really convinced.
whether it's true or false, we enjoy this entertainment Smiley at least it gives motivation that luck exists.

I can't imagine how happy that lucky person is. God scenario is really the best, if he didn't lose his private key, he might have sold BTC before touching the current ATH, really lucky.

See? time can change everything. A decade ago, BTC had very little value when compared to today. At that time most people probably would not have expected the price to be this fantastic, so carelessly guarded their private keys. I'm sure there are many people who regret missing and wasted this opportunity. But time is running out, let's make our own luck by always trying our best. There are still many opportunities in the crypto world that we can take advantage of.
newbie
Activity: 42
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This guy remember this day on whole life.
legendary
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If you read the entire all the replies on Reddit, some people say it was a fake and edited screenshot. I can't believe he got that amount in a perfect timing where Bitcoin makes a big shoot because it seems possible to recover it in the early days. I don't say it is a wow but gonna be an influencing post that makes people think "HE FINALLY GOT IT", he only wanted attention, TBH.

9 years stuck in the computer, that sounds unbelievable in reality. Yeah, it was crazy to hear but I'm not really convinced.
Most people who have been in the bitcoin environment will view this individuals claim of recovering a huge amount of bitcoins as fake and just conjured up due to the current rise we have all witnessed in the past month.
I have not gone to the reddit post but did they produce a bitcoin address with the recovered bitcoins that reside there? And did they sign a message saying it was theirs with their reddit username?
If not, then I call it complete BS.
hero member
Activity: 2688
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Congratulations to him! I can not imagine now peace should be the life of that man now, in economic terms of course
Depending on where you do live because securing your entire lifetime with the preferred standard way of living you do like will vary and if we do make up
some calculations then that 127 btc = $4.3 Million which i can consider to be a big amount but not really be enough for those who live out on
first world countries.Those wont really be lasting in a lifetime without proper handling of funds when it comes to investment and other real life business
but for those who do lived in countries in 3rd world or developing ones then this is really a life changing amount.
hero member
Activity: 2828
Merit: 518
If you read the entire all the replies on Reddit, some people say it was a fake and edited screenshot. I can't believe he got that amount in a perfect timing where Bitcoin makes a big shoot because it seems possible to recover it in the early days. I don't say it is a wow but gonna be an influencing post that makes people think "HE FINALLY GOT IT", he only wanted attention, TBH.

9 years stuck in the computer, that sounds unbelievable in reality. Yeah, it was crazy to hear but I'm not really convinced.
sr. member
Activity: 1918
Merit: 370
Kind of like a heartwarming success story. Imagine having to deal with the regret abd mental stress it would exert especially if you've heard of the 2017 ATH which broke mainstream media for a while, and just about when bitcoin is reaching even higher values the man himself got his bitcoins back. I can't say anything besides congratulations dude. You clearly earned it.
sr. member
Activity: 1680
Merit: 288
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Wow! "No one knows tomorrow" they say. This is a perfect reason why we really need to backup our wallets properly and securely. If he could back up his wallet when bitcoin was worth very little, how about us who's witnessing Bitcoin at it's ATH? I'm happy for him; that he backed up, and could find the backup. And I know there are many other people who have earned or bought Bitcoin in it's early years but has either forgotten they have such or maybe lost their keys.
newbie
Activity: 18
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Congratulations to him! I can not imagine now peace should be the life of that man now, in economic terms of course
legendary
Activity: 1176
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One of the Reddit users regained access to a wallet with 127 BTC that was lost several years ago. This is stated in the message in the r/Bitcoin subreddit.

I found the private keys to my 127 Bitcoins I lost 8-9 years ago. I’m at a loss for words. [UPDATE!]

First and foremost, wow; I did not expect my story to blow up as much as it did. I was shocked to wake up this morning to see that The DailyHodl published a feature covering what had happened. Over the past 24 hours, I’ve gotten dozens of DM’s of people asking me questions, requesting interviews, and most importantly—wanting clarification. If you don’t know what the heck I’m even talking about, feel free to look at my account’s recent post history.

The author of the post under the nickname BitcoinHolderThankU earned bitcoins in 2011-2012 by watching videos and completing tasks, but lost the private keys to the wallet. He restored access only in December 2020.

WOW, the right time to recover the private key! 127BTC are making them instant multi-millionaires.

Congrats, and use the money wisely. This is a life-changing amount that could bring you a very decent passive income.
hero member
Activity: 3010
Merit: 794
One of the Reddit users regained access to a wallet with 127 BTC that was lost several years ago. This is stated in the message in the r/Bitcoin subreddit.

I found the private keys to my 127 Bitcoins I lost 8-9 years ago. I’m at a loss for words. [UPDATE!]


The author of the post under the nickname BitcoinHolderThankU earned bitcoins in 2011-2012 by watching videos and completing tasks, but lost the private keys to the wallet. He restored access only in December 2020.
What a lucky guy for him to find out those coins amidst of this bitcoin price bull run, if he do able to sell it out on that peak price or even on this current price of $31k then that
would really be still a big amount to possess on.

Lucky for him to find up those seeds or private keys of that wallet because we know on how hard to recover a wallet if you dont know on where to find out those keys
and its no surprise that people will find out those things specially if they are aware on how much money they can possibly get.

Lots of DM's is surely expected and i also believe that majority of them are asking out for some tips or begging for money.  Cheesy
full member
Activity: 700
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God give his life back. It is like he us soo lucky and god now give him another chance to live like king size. Now just think about him 127 bitcoin when he lost what it value was it could be 1000  dollars or little bit more. He didn't care about his lost. But in 2018 when 1 bitcoin cross 16k that time he feels soo sad. And maybe he prays more and more to god. And god becomes satisfy on him and give him back his lucky key to unlock the lock. And he get back his little life like a king. Just think you an egg and cover it up for some days after that from eggs you get a hen then from this 1 hen you get more eggs then more hen and more and more. Its a process of luck when god gives you you can't count.
sr. member
Activity: 2842
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The owner has become an instant millionaire thanks to Bitcoin while his once disappointment when he misplaced the key had become a blessing he can now retire to enjoy his fortune peacefully, I believed hope is not lost for other hodlers who had misplaced their keys, maybe they might also gain access to those key in the nearest future, they keep faith that I would be found.
legendary
Activity: 2338
Merit: 10802
There are lies, damned lies and statistics. MTwain
Not sure if I quite buy the story myself, after reading through the Reddit thread. One particular I’m dubious about is the money transfer. Banks may apply limits on received wires as well as sent. I’ve tried to find the limits for the bank being used (Ally Bank), but have found no available information on the bank’s website or elsewhere, except for this three year old Reddit post:

https://www.reddit.com/r/personalfinance/comments/5rgb92/ally_bank_online_savings_transfer_limits/

The link stated that, three years ago, the transfer limit "To Ally" was of 250K$ per day (1M$ per month). Now the source is not official, and is oldish, but moving 4,25M$ in a single transfer may not be that easy. Then again, I don’t know anything about the implied bank, nor if actions were taken to ensure the transfer was received without any issues (no mention on the matter on the info provided by @ BitcoinHolderThankU).
legendary
Activity: 2576
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He must be a very lucky user because if you can just imagine how many years have passed and he still have been able to regain access on his Bitcoins that have been stocked for around 9 years already. It just looks like you win a jackpot for having such incredible story because the span of time that those Bitcoins have been stored are treasured and not been stored for nothing because compared to the time he have acquired them to the value it have now, not just 1 BTC but freaking 127 BTC, it was a very shocking and inspiring story to be read at this times. He sure must have been very happy to regain access on his Bitcoins that seems to be impossible to gain access with after 9 years. Well, he was just so lucky then.
legendary
Activity: 2576
Merit: 1043
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The author of the post under the nickname BitcoinHolderThankU earned bitcoins in 2011-2012 by watching videos and completing tasks, but lost the private keys to the wallet. He restored access only in December 2020.
Right now we are saying stupid things about these kind of things (watching videos to earn, completing tasks and faucets). Back in the days they are earning huge amounts of Bitcoin which doesn't have any value at that time but right now has a huge value already.

Now I'm thinking of doing some faucets again and just hold it hoping that it will go up Cheesy JK. 127 BTC doesn't have any value at that time and the user is very happy and lucky that he got again the access to his lost Bitcoins. I can consider it a life changing retrieval Smiley.
member
Activity: 144
Merit: 38
In his case I think he would have sold all of them a low time ago if he had the private key all that time.

Do not forget how tempting it is would be when you have a big stash of BTC from the old days (<1$).
You have to sit on them for years and every ATH resist the temptation of cashing out. That is a long time.
I think very few people of those early miners still have many. Over the years they will have cashed or lost maybe 70-95% of what they had.

In this case, the guy was very lucky to NOT have the key, he couldn't spend.
hero member
Activity: 3024
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Congratulations to him, he might read the thread in here since he's a forum guy. He's already a millionaire!

That loss for 9 years turned into a blessing to him. Good riddance!
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