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Author Topic: 9000 Bitcoins in this wallet.  (Read 613 times)
Crypto Piece (OP)
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January 01, 2018, 10:56:58 PM
 #1

one guy lost 9000 btc in 2010 the btc are still sitting there https://blockchain.info/address/167ZWTT8n6s4ya8cGjqNNQjDwDGY31vmHg

-Crypto Piece
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January 01, 2018, 11:05:27 PM
 #2

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.

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January 01, 2018, 11:09:02 PM
 #3

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.
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January 01, 2018, 11:13:27 PM
 #4

Very unfortunate but i think theres more of these mishaps that have occurred in the past and still today. People need to be careful and make sure they check the address they are sending to.
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January 01, 2018, 11:14:24 PM
 #5

Crazy, and the poor guy didn't even do anything silly (if the second thread links to the exact same situation). And to think..  that there's many of such situations..
At least that helps with raising BTC's price for the rest of us.
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January 01, 2018, 11:15:54 PM
 #6

I got really upset when I lost .9ETH (which may soon be worth over $1,000) testing out a new wallet. I sent that as a trial run before sending like 21 ETH over.. that would've sucked even more. I can't imagine how this guy must feel now!
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January 01, 2018, 11:19:30 PM
 #7

I got really upset when I lost .9ETH (which may soon be worth over $1,000) testing out a new wallet. I sent that as a trial run before sending like 21 ETH over.. that would've sucked even more. I can't imagine how this guy must feel now!

Well, back then 9000 BTC cost about 900 dollars so hopefully he went straight back out and bought some more. Even then at that point in time that would've seemed like a bonkers thing to do.
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January 01, 2018, 11:23:11 PM
 #8

one guy lost 9000 btc in 2010 the btc are still sitting there https://blockchain.info/address/167ZWTT8n6s4ya8cGjqNNQjDwDGY31vmHg
Imagine what happens to Bitcoin's price, if those 9K BTC come to the stock exchange. No, let them sit there further. Cheesy Cheesy Cheesy
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January 01, 2018, 11:26:18 PM
 #9

one guy lost 9000 btc in 2010 the btc are still sitting there https://blockchain.info/address/167ZWTT8n6s4ya8cGjqNNQjDwDGY31vmHg

-Crypto Piece

Ouch! This was super common back in the day when Bitcoins were work like a penny. No one really cared about them. But now they are so valuable I don't see it happening nearly as much as it used to. Really sucks for that guy though......

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Crypto Piece (OP)
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January 01, 2018, 11:31:10 PM
 #10

one guy lost 9000 btc in 2010 the btc are still sitting there https://blockchain.info/address/167ZWTT8n6s4ya8cGjqNNQjDwDGY31vmHg

-Crypto Piece

Ouch! This was super common back in the day when Bitcoins were work like a penny. No one really cared about them. But now they are so valuable I don't see it happening nearly as much as it used to. Really sucks for that guy though......

To soot his pain I am offering him a free advertising block on my website for his crypto and/or blockchain product, service or media channel.

I see you have a cool website coming together! Might consider to give it a little boost on the opening day  Wink
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January 01, 2018, 11:39:37 PM
 #11

one guy lost 9000 btc in 2010 the btc are still sitting there https://blockchain.info/address/167ZWTT8n6s4ya8cGjqNNQjDwDGY31vmHg

-Crypto Piece

Ouch! This was super common back in the day when Bitcoins were work like a penny. No one really cared about them. But now they are so valuable I don't see it happening nearly as much as it used to. Really sucks for that guy though......

Also if he did really lose it back in 2010, the value of it is really negligible and he would have not cared about it back then, but if he realized how much it has grown then he'll likely would have freaked out. Indeed it was really common back then, since the only wallet available was the bitcoincore wallet which indeed was hard to use unlike the wallets available today.
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January 02, 2018, 12:18:52 AM
 #12

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?
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January 02, 2018, 12:27:07 AM
 #13

one guy lost 9000 btc in 2010 the btc are still sitting there https://blockchain.info/address/167ZWTT8n6s4ya8cGjqNNQjDwDGY31vmHg

-Crypto Piece
Is he dead? Its so much. its mean that we cannot do anything with those bitcoin. May be he is already rich and do not need that. Blockchain developer must contact the person who have that bitcoin, if he dead , his family can take the money.

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January 02, 2018, 12:33:28 AM
 #14

it's cool if now that have a wallet it sells because the price is now very high and that is 9000 Bitcoin and if calculated to the dollar of course it is very much and can be to live in the village for a lifetime

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January 02, 2018, 01:49:03 AM
 #15

It's a pity. But how will this have happened?
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January 02, 2018, 01:58:44 AM
 #16

Happens like this really a sad news. He may have more bit coin than before... Wink
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January 02, 2018, 02:00:08 AM
 #17

This guy is very unlucky, he lost money is astronomical. Anyway, at least he was involved in several transactions with Bitcoin, and he was an early Bitcoin user and thanked him.

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January 02, 2018, 02:02:20 AM
 #18

It's kind of a bittersweet story to read. One one hand it's really sad for him that this happened to him but it's also a case scenario why it's so important to understand how important it is to back up and keep your private keys stored some where you can access safely etc, it also shows how strong cryptocurrency is - yes it's a good thing no one is able to access these funds anymore it's supposed to function in this manner.

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January 02, 2018, 02:10:33 AM
 #19

Ok so some people on here are saying it was used for fractional bitcoin burn. Others are saying it was a mistake by early bitcoin person.  If it was a mistake then i can safely say that this has got to be the worse thing i have seen happening to a person.  That will replace the pizza order with bitcoin and top with the guy who throw out hard drive with 7500 bitcoins.

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January 02, 2018, 02:39:34 AM
 #20

Yeah, all the time people would throw away these huge piles of bitcoins. But this guy didn't even get any pizza in return. Just lost faith in a technology that would have changed his life. I wonder if he kept that 1 BTC.
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