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Author Topic: What if you lose 7500 Bitcoins worth 79 MILLION $ !!???  (Read 52 times)
Carthages
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May 29, 2018, 01:39:42 PM
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This happened to James Howells ,a computer specialist in crypt-currency . He actually lost 7500 Bitcoins in 2009, which today equates to about 79 million of dollars : So here's the full story : back in 2009 James was already interested in Bitcoin and had managed to mine 7 500 Bitcoins in just one week. But at that time it wasn't really an incredible performance. Then he put aside his hard drive, and forgot it.
In 2013, the price of Bitcoin increased, crossing the threshold is 100 dollars. James then searched for his hard drive, the one on which were the private keys opening the access to the portfolio containing the Bitcoins. Unfortunately, he recalled getting rid of it , he said : '' In 2009, I mined over 7 500 coins in a single week. Four years later, I put two hard disks in a desk drawer. One was empty, while the other contained my private BTC keys. I was planning to throw out the empty drive – and I accidentally threw the one that contained the information opening access to my Bitcoins. »
 Grin Grin Grin  Huh Huh Huh Huh
So guys keep all your altcoins in safer place, it might be the next Bitcoin .

Source :   https://www.news.com.au/finance/economy/man-accidentally-threw-away-79-million-worth-of-bitcoin/news-story/1953c4fabb451cc4944fbd354ea588df
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May 29, 2018, 01:56:57 PM
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the only thing that i find interesting about this is the fact that it proves once again that there has been many people other than Satoshi that have been mining bitcoin back in year 1. and it is proof that the estimation of 1 million  coins mined by Satoshi is an overkill.

So guys keep all your altcoins in safer place, it might be the next Bitcoin .

nice joke Cheesy

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May 29, 2018, 02:13:15 PM
 #3

The wallet is divided into a cold wallet and a hot wallet. The existence of a cold wallet can maximize the preservation of BTC.
Bitcoin doesn't need to be stored. It's the private key you use to create your Bitcoin address.
Bitcoin's security means that no one but your private key can control your Bitcoin!
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May 29, 2018, 02:23:30 PM
 #4

A good story like many other stories! But it may be that some people have lost a large amount of their assets at current prices!

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May 29, 2018, 02:40:07 PM
 #5

I do not know, I just never thought to be able to have that much bitcoin. But if I really lose that much bitcoin, maybe I will get severe depression.
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May 29, 2018, 02:47:34 PM
 #6

This happened to James Howells ,a computer specialist in crypt-currency . He actually lost 7500 Bitcoins in 2009, which today equates to about 79 million of dollars : So here's the full story : back in 2009 James was already interested in Bitcoin and had managed to mine 7 500 Bitcoins in just one week. But at that time it wasn't really an incredible performance. Then he put aside his hard drive, and forgot it.
In 2013, the price of Bitcoin increased, crossing the threshold is 100 dollars. James then searched for his hard drive, the one on which were the private keys opening the access to the portfolio containing the Bitcoins. Unfortunately, he recalled getting rid of it , he said : '' In 2009, I mined over 7 500 coins in a single week. Four years later, I put two hard disks in a desk drawer. One was empty, while the other contained my private BTC keys. I was planning to throw out the empty drive – and I accidentally threw the one that contained the information opening access to my Bitcoins. »
 Grin Grin Grin  Huh Huh Huh Huh
So guys keep all your altcoins in safer place, it might be the next Bitcoin .

Source :   https://www.news.com.au/finance/economy/man-accidentally-threw-away-79-million-worth-of-bitcoin/news-story/1953c4fabb451cc4944fbd354ea588df

It's tragic story really.
I also remember another, funny story when one delivery boy received 1 btc for single pizza because man didn't have cash at the moment.
It happened also long time ago.
There are many such stories.
Many times we feel that something has no value but sometimes we are wrong.
karashika0577
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May 29, 2018, 03:02:39 PM
 #7

This has happened before Mr. James.But this is your own responsibility.Your private key can be made with vigilance and strong your privacy. It's a joke that I can not afford such a big shock

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May 29, 2018, 03:15:23 PM
 #8

This happened to James Howells ,a computer specialist in crypt-currency . He actually lost 7500 Bitcoins in 2009, which today equates to about 79 million of dollars : So here's the full story : back in 2009 James was already interested in Bitcoin and had managed to mine 7 500 Bitcoins in just one week. But at that time it wasn't really an incredible performance. Then he put aside his hard drive, and forgot it.
In 2013, the price of Bitcoin increased, crossing the threshold is 100 dollars. James then searched for his hard drive, the one on which were the private keys opening the access to the portfolio containing the Bitcoins. Unfortunately, he recalled getting rid of it , he said : '' In 2009, I mined over 7 500 coins in a single week. Four years later, I put two hard disks in a desk drawer. One was empty, while the other contained my private BTC keys. I was planning to throw out the empty drive – and I accidentally threw the one that contained the information opening access to my Bitcoins. »
 Grin Grin Grin  Huh Huh Huh Huh
So guys keep all your altcoins in safer place, it might be the next Bitcoin .

Source :   https://www.news.com.au/finance/economy/man-accidentally-threw-away-79-million-worth-of-bitcoin/news-story/1953c4fabb451cc4944fbd354ea588df
Nice drama story. However anyone who is going mine Bitcoin should first PROTECT and SAVE his Keys. So I do not feel sorry about him.
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May 29, 2018, 03:49:20 PM
 #9

A good story like many other stories! But it may be that some people have lost a large amount of their assets at current prices!
you are right most people lose bitcoin because of the current price and I myself do not have that much bitcoin if I had to do it I would be careful to keep the private key in order to stay safe and can be accessed by my own
but this is a good story so we can take postifnya thing

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May 29, 2018, 03:53:35 PM
 #10

That's a massive loss, and from an analysis it is clear that around 18% of the bitcoin once after the entire volume of bitcoin mining is expected to go under the unused lost bitcoin which won't be contributing to the calculated value as it won't be in circulation. If I were the person then I too would have suffered mental illness.

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May 29, 2018, 03:58:11 PM
 #11

its a very sad story Shocked Shocked I hope that he will found his private key, maybe in the old flash drive or DVD disc, and i hope that its wouldn;t happen to anyone again in this world, because i dont want to hear or read many sad stories like this, because i dont want to that bad luck happen to me

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