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Author Topic: I used to own 10,000 bitcoin... here is how I lost it all.  (Read 708 times)
IUsedToOwn10000Bitcoin (OP)
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January 31, 2018, 08:48:18 AM
 #21

Kind Sir,

Yesterday is History.
Tomorrow is a Mystery.
Today is a gift that is why it is called Present.
It's hard to swallow but most of the time lessons are learned once we experience it in life.
No one is certain on what will happen tomorrow.
But what you do today can change what you will be tomorrow.

Using your story we can see how we put little value of things that we already have.
Glad to know your parents are still alive and you are employed and working and earning a little more for yourself.
Glad to know that today you are active here in this forum and that you are far more knowledgeable than most of us newbies here.
Glad to hear that you only lost $80 max on something you did not know would be of value in the future.
Glad to know you had a new laptop when your old one was broken.
I have personally experience loosing around $1,000 and have to charge it to experience. I hear and know that there are a lot of people who loose more money even million just to learn the lessons of life.
I got depressed myself when I was younger and somehow at times I am reminded of the things I did or did not that might have been for better but who knows right?

Kind Sir, you might have lost 10,000 bitcoin... but I hope you have forgiven your Mother. You can always buy a bitcoin when you earn money or even try other Altcoins. I know your Mom only had the best thoughts for you and I know that she is feeling worse at your worst day. You may have regretted loosing 10,000 bitcoin that costed you $80, but I know it costs more for them in sending you to college and it pains them to see that you are not able to use your degree and potential as a person in full.

Thank you for writing your story. My dad died few years back and there are a lot of things I wish I did when he was still alive.

Goodluck to you Kind Sir and More Power.

you are a great guy, i appreciate this. and RIP to your father, i am sure he would be proud of you based off the way you seem to carry yourself. thank you. i will keep fighting.
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February 08, 2018, 01:21:44 PM
 #22

Many people could be in the same situation as you are but just see the things as they are: you didn't lose millions. You lost only your investment
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February 08, 2018, 01:29:35 PM
 #23

Numerous individuals could be in an indistinguishable circumstance from you are yet simply observe the things as they may be: you didn't lose millions. You lost just your venture
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February 08, 2018, 01:38:46 PM
 #24

The year was 2010...

there is really no specific moral to this story, and i dont want sympathy from any of you, but i just wanted to vent this to someone or somewhere finally to get my story out. this is the first and last time i will speak out publicly to anyone about this, so there you guys go. that is the story of how i lost 10,000 bitcoin. that is all.

I will not tell you anything you explicitly said you don't want to hear, just let me tell you thanks for sharing, this is a story of pain and sadness but at the same time a great reading. I went through it like through a well written book. Maybe you should consider writing a book mate?

I hope you recover completely, what is past is - well, past, and not worth allowing it impact this very moment.

What's done is done, though it really is a loss of such a huge opportunity it is not something that you have invested a lot of money maybe time, still somehow I know how the urge to share this comes from, also I agree we all need to have an outlet for our mind and ideas to share to and this things are surely not to be read just to feel much better and compare success from each other.

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February 08, 2018, 08:24:03 PM
 #25

Yes blame bitcoin for ruining your life yes do that...

Dude blame your mom for throwing your pc out that was stupid.

 
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February 08, 2018, 08:39:41 PM
 #26

The year was 2010... i was in my final year of school at st johns university, living in a small dorm with 2 guys. i would say march or april if i had to guess the month, early 2010 for sure. I was excessively told about bitcoin by my 2 of my college  roommates who spent too much time online and decided to do some of my own research, read the whitepaper made by satoshi n and was quite fascinated by the technology, i knew it was something new and ahead of the time, but also something that could terribly fail and be another fad. although, because of how much my 2 roomies talked about it i decided why not throw a bit of money into it, and was fine with losing it or not. so fast forward, i lived in new york and was able to find a local who actually sold bulks of bitcoin through my 2 friends who previously bought off them. i was a bored college student... didnt know what i was gonna end up doing with the coins. i wanted to buy $50 worth... ended up spending a bit more than that $60-$80 i believe to get exactly 10,000 bitcoins. it was given to me on a usb which was checked on his computer to verify the bitcoins were really there before i took off. everything was good and i transferred the file from the usb to my personal laptop. now, a single bitcoin was worth a fraction of a penny so i really did not have much focus on such a small thing (at the time). ever since i put it on my laptop i really just forgot about it and did not even think about any ways for me to spend it or use it etc. and just kept it stored on my laptop. i continued to forgot about it due to me graduating college being my primary focus and that's that. then after i graduated i looked to work and did work and never really even thought to care about some stupid bitcoin i bought off some guy for a bit of money. it was just another file on my computer i didnt bother to even look at for months on months.

now fast forward to early 2014 --- this is when i first heard about bitcoin again since i bought em, and no i did not continue to hear from them from my two roommates i was with while in college as 2010 is the year i graduated and after that we did not keep in touch. although i would assume they either lost the bitcoin they had online or are rich as fuck right now, wont find out as i have no way to contact them. anyways, so i was hanging out with a friend of mine who mentioned it to me and how the price went to $1000 and was down a bit and it would be a good time to buy some because he thought it was the future of money, it took me a few minutes to process, then it hit me and i literally almost fainted after coming to the realization i was pretty sure i had a shit ton of what he was talking about. i didnt even fully remember whether i had 1,000, 10,000, 100,000 immediately because of how much it was and how long ago i bought it but i knew it was one of those. i was so shocked and he was so confused then i just left the conversation as soon as he told me about the price to go online and check for myself if this is really the same shit i bought 4 years ago as a curious college student. it all hit me at once, i knew by the symbol and the chart which showed it going from where i bought it at less than a penny all the way to over $1000 that this was exactly what i bought and i remembered i bought 10,000 with the $60-$80 i spent and was in disbelief and euphoria over the fact that i had an absolute huge fortune waiting for me at home. this all felt unreal to me, i still remember the emotions i had going through me. now after realizing i had this fortune, i had to remember carefully where i stored these bitcoins, eventually i remembered i had it on my old personal laptop and at that moment i had a panic attack due to the fact that the laptop i had put the bitcoin on broke on me and was replaced although i figured i am not totally doomed because all i should need to get the file is the hard drive. so i look for the computer only to realize that because it was broken and old and damaged, my mom told me she had thrown it away a few years back after it broke down on me since she thought it was pretty much untouched junk and expected id never need it again. at that point i literally fainted, i was angry, confused, shocked, in denial, sad, raged and so many other emotions all at once that i literally just passed out. my mom woke me back up and i ran out of the house out of anger to go have a mental breakdown in my backyard. What was supposed to be the best day of my life become by far the worst. As u can imagine, the fact that i thought i had what was between 5-10 mil at the time and then right after had that taken away from me broke my heart. i never felt the amount of pain and severe depression i felt as i did on that day. the next few months of my life were spent very badly, every day i would be reminded of what happened and how my life could of been but wasnt because my mom threw out my fortune, i am not proud of it but i started to actually resent her and be disrespectful to her often. it was a bad bad time as i was working a shitty job with low pay and living in my parents house at 25 (shout out to my useless degree) so that bitcoin would have really changed my life completely. i started going through severe depression and suicidal thoughts constantly, i really did want to kill myself knowing what had happened to me. although i tried to get through it and didnt even tell any of my friends including the one who mentioned bitcoin to me to remind me of bitcoin what happened, though they felt i was acting different and not my usual self those following months. i barely went out, i lost my job due to my sudden lack of effort from what happened, i lost friends, i isolated myself from everyone and everything including my family. i gained a lot of weight and did a lot of dumb shit im not proud of. my life was pretty horrible for the year of 2014.

now fast forward to early 2015 i started to get back on my feet and try to get over the shitty year i just had. and the fact bitcoin dipped to $200ish helped with how i felt about the whole thing, though i never even considered putting another penny in it again and hoped it would just crash and die so i could keep this in the past, although as u all know this wasnt the case. now here we are in 2018, i am still broke, i still live with my parents, i am employed, but at a shitty job, and have friends, but we dont talk much, and life is just not the same as it used to be. the past 6 months were almost as hard as 2014 was. seeing bitcoin go up insane amounts all the way to nearly 20k and now around 10k really makes me sick to the stomach, to think that i bought 10,000 at less than a penny, WHAT THE FUCK... it still hurts. i really just want to feel like this is just some very long shitty ass nightmare and wake up to reality again but i know thats not the case. i could have had the most epic fucking life and most epic story to tell of how my riches came but it never happened. my life is on a downhill, i am severely depressed and have suicidal thoughts pretty much everyday. things are not the same as they once were and never will be the same because bitcoin has ruined my life. my hopes were all high and euphoric then right after low and dreadful within 24 hours, and it has impacted me til now and will continue to weigh me down for however much longer i live.

there is really no specific moral to this story, and i dont want sympathy from any of you, but i just wanted to vent this to someone or somewhere finally to get my story out. this is the first and last time i will speak out publicly to anyone about this, so there you guys go. that is the story of how i lost 10,000 bitcoin. that is all.


It is a pity that it happened. You could not predict what the BTC price will be in 8 years. If I knew 8 years ago, each of us would buy a lot more than 10k. Your history will make securing your data.
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February 08, 2018, 08:48:14 PM
 #27

I started reading expecting to feel sympathy, skimmed and had some wise words for you.... then i backed up a bit and re-read... you were out of college, living at home and had mommy looking after you so much to throw out your stuff?  I have no sympathy and some other wise words, Grow up and take responsibility for yourself.
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February 08, 2018, 09:04:42 PM
 #28

Nice FAKE story ha ha. Prove what you said by providing bitcoin address and dates of transaction. Otherwise you are a liar.
It look real to me, and since he forgot he owned coins for like 3 years you can't expect him to have a link to the transaction stored somewhere safe.
This could have happened to any of us and OP isn't gaining anything by posting this.

Yes blame bitcoin for ruining your life yes do that...

Dude blame your mom for throwing your pc out that was stupid.

Great advice. Make him blame his mom for cleaning the house of old junk like that Broken PC he forgot about and threw somewhere in a box along with other trash.
Make the poor woman that's taking care of him and cooking his meals (as he's living with his parents) be the one to blame for his incompetence.

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February 08, 2018, 09:57:29 PM
Merited by oddwh (2), Yaunfitda (1)
 #29

Hi,

there is a spreadsheet showing dormant BTC addresses https://docs.google.com/spreadsheets/d/1xTROekDerP1TPOB3SOD_1bbQr580BPqbhF3YHdO96pw/edit#gid=189298223

It shows only 3 addresses with 10 000 BTC in 2010, in december.

This spreadsheets seems valuable till 2015, as you see all these 3 adresses are empty now.

1. https://blockchain.info/fr/charts/balance?address=1JtpgqCf3SSeCeYWEDJjkfYFH7Ruhy4Vp1&timespan=all

2. https://blockchain.info/fr/address/12dUggmXPYsPVHaHr1DoW5J6bb6gvh4yZq

3. https://blockchain.info/address/1Du2jAQsBQnkkVZkN4oqC46tS78k7WMkVq


Can it be that your roomates kept your private keys ?
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February 08, 2018, 10:59:24 PM
 #30

Bitcoin never ruin your life bro and your mom is never to be blamed for any reason, you ruined your own life out of your ignorance, and I can tell that this ignorant still lives in you for saying that bitcoin ruin your life, instead of you to admitte that your lost can out of your ignorance.
You know of bitcoin back in 2010 and you  are still broken up till now. Please gather your broken piece that you have left and move on.

You can start participating on bounty campaigns and if you can do this for straight 12months I think you will be all good
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February 10, 2018, 07:35:18 PM
 #31

Numerous individuals could be in an indistinguishable circumstance from you are yet simply observe the things as they may be: you didn't lose millions. You lost just your venture
Nah, he lost his Bitcoins. He doesn't have any Bitcoins anymore so he lost that, he could purchase more Bitcoins if he needed to restart.

 
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February 10, 2018, 07:51:30 PM
 #32

Crazy story. Do you still own the usb key and did you try a file recover software ?

BTW, don't blame you, I just want to say that if you took care of these BTC, you would had already sold them a long time ago. Even with a BTC at 10$, or even 1$, you would have sold them, because nobody could have prediced this infatuation, and you would be already happy with a profit like this one. You know, that's the same with ETH. At the ICO price (or not ICO, I don't remember what was the good term when they did the presale), 1 BTC was equal to 1667 ETH. This wasn't expensive, and currently I know nobody who still have an amount of this kind of ETH.

Almost nobody still hold the amount he bought some years ago. So forget about it, just ask you this question : if you had these BTC, for which value would you had sold them ? And the answer is easy, this is not 20k$, not even 1k$, and not even 100$, but something really under. So no, even if you didn't lose your wallet, you wouldn't be that rich.

Keep on, the true richness isn't about money.  Smiley

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leviathon
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February 10, 2018, 08:15:56 PM
 #33

I understand your regret but you are really thinking too much. Just forget that thing. Why to waste your precious life over something you can't have now. Cherish what you have now. Do not resent over what you could have.
MysteryMiner
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February 10, 2018, 11:02:12 PM
 #34

Consumerism at its worst! Throwing out a laptop, a piece of electronic that is technological miracle on it's own! Even broken laptop contains spare parts that can be used to repair many other laptops. I never have thrown out any of my computers or any electronic device. From my first AMD Duron system to Core2Duo rig, it is all next to me, including 450CDs and 50 hard drives from past. Only lost data to forgotten encryption key, but it was biological failure, not technological.

I also once had a lot of bitcoins that I lost to short sighted purchase. Had I held them till today, I would not be unemployed and poor guy I am now.

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trigg
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February 10, 2018, 11:11:36 PM
 #35

All you can do is move on! I know it sucks, but everyone has a "woulda-coulda-shoulda" story. Unfortunately we don't know the future so we all do things that we look back on and wish we wouldn't have.
ChiBitCTy
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February 10, 2018, 11:19:07 PM
 #36

Whether this story is real or fake it should be a valuable lesson to us all.  No, not that you should have kept all 10,000 and became a multi-millionaire, but to let go of the past!  I personally have a very hard time of doing so.  I always have.  I think of family members whom were taken advantage of by "financial advisors" and what I could have done better to help save them.  I think of all the money I've lost making poor investments, whether it was because I was sloppy about investing or things simply didn't pan out.

Whatever it might be if you live in the past you're likely going to die there.  It sucks, it'll burn and you'll want to let rip you apart at times believing it's what you deserve, but it's not.  Whether it's the loss of money, and X-gf, whatever...life still goes on and can be amazing.  We all die with nothing don't forget that.  Accumulating wealth is great but it doesn't last forever and it doesn't equal happiness.  Fight on is the moral here.

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Layonk
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February 10, 2018, 11:24:00 PM
 #37

Move ahead. such experience prepare us for greatness but, it depends on you.

There are lot of opportunities within and outside the bitcoin niche In most case, people can see them as opportunity until they are realized by someone else.

This reminder about the foundation of facebook. The idea behind this network was not directly from Zukerberg but, being part of the other two guys, he visualize the idea and took action.

Final note: if, possible try locating the pendrive where the seller had installed the code

Thanks

Then if not mark zukerberg then why he is the owner now?  He is very rich people now.
However, learning from experience make better. Experienceis is the best teacher so learn from it make you better
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February 11, 2018, 12:25:57 PM
 #38

Move ahead. such experience prepare us for greatness but, it depends on you.

There are lot of opportunities within and outside the bitcoin niche In most case, people can see them as opportunity until they are realized by someone else.

This reminder about the foundation of facebook. The idea behind this network was not directly from Zukerberg but, being part of the other two guys, he visualize the idea and took action.

Final note: if, possible try locating the pendrive where the seller had installed the code

Thanks

what good will finding the pendrive do? i have no idea where it is.there is a small chance i still have it but it is likely someone in my family tossed it or lost it as it was a cheap used usb stick.
Life is one school we never get to graduate from, because each day, we discover that in spite of all we already know, we can't say what the next second holds. What that seems to have given succor to people overtime is their ability to identify where things went amiss and start to take responsibility against future repetition.

Tell yourself the truth - you're carefree with things if not life, other than that, you'd not have complete forgotten about Bitcoin 2010 - 2014 and you would have just remembered to copy those files like every of your other important documents before discarding the pc and that exonerates your mum from blame. A graduate in the US, cannot be helpless with shitty jobs! If what you said above are for really, what you must do is to learn the lesson and move on, opportunities never ceases, only we might need to climb a bit higher or dig dipper from where we were, to be able to spot new ones.
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February 11, 2018, 01:41:35 PM
 #39

@OP i could understand your pain as there are many people who lost that much coin because they were busy with life or the computer broke down or simply ignore following the market because you never took it serious and now you cannot find your private key. I sold many coins at cheap price before the market getting attraction and even i do have coins in my old hard disk ,but i cannot find my notepad where i saved the seed and password,but i am trying my best to sort my trash contents which i recovered ,you just have to move on and start from the beginning and that is the only thing you can do,rather than crying about the past.
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February 11, 2018, 03:41:05 PM
 #40

Your story can be a great example and incentive for those who are now in doubt about investing in bitcoin. It is just beginning to really develop and its price will be much, much more than now.

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