My 2,000 BTC is all gone :(

[Rassah]

So, my husband owns the house (the mortgage is in his name), but a few years ago we opened a HELOC (Home Equity Line of Credit) together, with both our names on it. Some time last summer, I borrowed $15,000 from the HELOC without really asking for permission or telling my husband about it. I told him eventually (he asked about it after seeing a transfer on the monthly statement). I used that entire $15,000 to invest in bitcoins, and bought about 2,000+ of them.
Anyway, as of last Sunday, it's all gone. No more 2,000+ BTC. All gone poof 

[01BTC10]

Why not refund the $15 000 and keep the difference?

[repentance]

Your husband must be a very understanding person.  Something like that would have been a deal-breaker for me.

[Herodes]

So, my husband owns the house (the mortgage is in his name), but a few years ago we opened a HELOC (Home Equity Line of Credit) together, with both our names on it. Some time last summer, I borrowed $15,000 from the HELOC without really asking for permission or telling my husband about it. I told him eventually (he asked about it after seeing a transfer on the monthly statement). I used that entire $15,000 to invest in bitcoins, and bought about 2,000+ of them.
Anyway, as of last Sunday, it's all gone. No more 2,000+ BTC. All gone poof 

Not sure how serious this is ?

[repentance]

No encryption on the wallet?

You kind of hope that the punchline is he sold them on the weekend for triple what he paid for them, paid off the HELOC and now they have a sweet little nest egg.  That said, had someone borrowed against the equity in my home without asking me, they would have been homeless the moment I found out.

Mystery solved.

I was selling at $22.40 to $22.50, so you didn't get my coinses.

P.S. I was not selling them because I think we're at the top of the bubble or whatever, I was selling them because I need to buy something as soon as possible, and at the $22 mark I can finally afford it.

https://bitcointalk.org/index.php?topic=141821.msg1512996#msg1512996

[cbeast]

Are you sure it's the right wallet? Did you make a backup wallet? If someone swapped wallets with you it would appear they were gone. Hopefully you encrypted the wallet.

[repentance]

Are you sure it's the right wallet? Did you make a backup wallet? If someone swapped wallets with you it would appear they were gone. Hopefully you encrypted the wallet.

He sold them.  Check his post history from a few days ago.

[Rassah]

Yeah, it kinda turned into a completely paid off loan, and a new one of these, fully loaded, paid in full



Plus a few grand left over to pay down my other loans. No idea how it happened. I dumped over $45,000 on the market in a course of three days, and the price still kept going up. The walls didn't move either. So, new "luxury" car, in six month, pretty much for free, for not really doing anything. Glad I'm such a stupid bitcoiner.

My wallet feels kinda empty though. I still have the few BTCk in my bitcoin savings account, but it just doesn't feel as bloated, and the price is still going up, and I feel I'm missing out on even more money, and so I'm  

Oh, and I'm the finance expert in the family (do our financial planning, investing, taxes, etc), so my husband trusts me with all things finance.

[Herodes]

this may just be a load of ho ha, if not, congrats with a new car.

[Lethn]

rofl I bet the loan company was wtfing all over the place and trying to figure out how the hell you could pay it back so quickly

[Phinnaeus Gage]

Oh, and I'm the finance expert in the family (do our financial planning, investing, taxes, etc), so my husband trusts me with all things finance.

Well ya coulda told us that from the start, you drama queen. 

I am more confused now, it sounds like it two different people posting IDK

Don't worry! I, too, made the same mistake about Rassah during the Pinkie Pie episode. If you're still confused, think Elton John.

What I don't understand is why Rassah didn't buy this car:

[hardcore-fs]

Oh, and I'm the finance expert in the family (do our financial planning, investing, taxes, etc), so my husband trusts me with all things finance.

Then your Husband is an idiot and so are you... this is not 'investing' this is gambling and you just so happened to get 'lucky' this time......
Family investment is LONG TERM..... this sort of reckless behavior will ensure you are poor in your old age....

Don't think so.... post a picture of your house and let's run some comparisons.

[Bit_Happy]

Nice wheels 

[dust]

ITT: Attention-grabbing title to brag about an irresponsible gamble.

[goodlord666]

A friend of mine had her Android stolen last weekend. It had 1 BTC on it.

The thieves will be hooked as soon as they discover it. If they don't know about it yet.


Sorry about your loss.

[Gyrsur]

i don't understand why people store large amount of bitcoins in hot wallets?? for saving. make always paper wallets. one paper wallet loaded with 10 BTC. you can print out up to seven paper wallets on a piece of paper. the side back another 7 paper wallets. where is the problem??

www.bitaddress.org

[niko]

Oh, and I'm the finance expert in the family (do our financial planning, investing, taxes, etc), so my husband trusts me with all things finance.

Well ya coulda told us that from the start, you drama queen. 

Also, being the finance expert in the household, would you mind offering a tax advice applicable to people who bought low, sold high, and purchased goods with fiat?

[Jaw3bmasters]

Oh, and I'm the finance expert in the family (do our financial planning, investing, taxes, etc), so my husband trusts me with all things finance.

... this is not 'investing' this is gambling and you just so happened to get 'lucky' this time......
Family investment is LONG TERM..... this sort of reckless behavior will ensure you are poor in your old age....

Oh, I see.....

[Frequency]

Wel  About this

How Much Will that car be worth in 5 years??

How Much Will those BTC be worth in 5 years??

I think you made à big long term mistake to satisfy Your short term needs with everything you own to lose over some stupid Brick on wheels but hè .. People like you Will get my long term rich guy..

Cheerz ...!!!

[repentance]

i don't understand why people store large amount of bitcoins in hot wallets?? for saving. make always paper wallets. one paper wallet loaded with 10 BTC. you can print out up to seven paper wallets on a piece of paper. the side back another 7 paper wallets. where is the problem??

www.bitaddress.org

Gotta love how people don't bother reading beyond the OP even when the thread is only one page...

And for goodness sake, Rassah is a young man - he's not a Baby Boomer who just risked his paltry retirement savings.  I'm not saying it was a smart risk he took, but it's OK to want and have nice things to enjoy now rather than being obsessed with what your bank/Bitcoin balance is going to be at the expense of actually enjoying your life.