Unrecovered treasure lost

[Winscosinally]

James Howells from Newport Wales threw away a hard drive containing bitcoins worth a mind-blowing $75m and till date all the effort to recover these lost bitcoins are all in vain,if someone as rich as he is can't recover lost bitcoins I think I think no one can recover lost coins without private keys,once its gone its gone for good.

This is a warning for those who rely on their PC's hard drive as safen haven for their wallets private keys,you need to start thinking twice now

[bitmover]

This was old times...
Nowadays everyone has your wallet backed up by the mnemonic phrase, (24 words), which is a seed with all privatekeys.

You can save it on a paper, no need to save the wallet.dat anymore (unless you want to)

[Lucius]

I remember that story, he was keeping that hard disk for long time in his drawer after he threw the rest of the computer. The moment he realized what he is done, he try to find that this in a way that he was digging through the garbage dump where the disc was allegedly thrown. But when story is get out, many try to find that disk, and owner of that landfills was stop everyone from accessing it.

It is interesting that James Howells claim he is one of the first people who mine bitcoin, and that lost hard disk is contain real Satoshi Nakmoto IP address. Today he is supporter of bitcoin cash, I guess he was disapointed in real bitcoin when he lost that hard disk - but we can not know is his story true or not, there is no proof for that.

[mk4]

It is interesting that James Howells claim he is one of the first people who mine bitcoin, and that lost hard disk is contain real Satoshi Nakmoto IP address.

Seems a bit fishy to me, but how would he know the "real" IP address of Satoshi? What are the chances that Satoshi wasn't using a proxy/vpn/tor in the first place? He probably just added that part in just to make the story more juicy. Sounds complete bull to me.

[o_e_l_e_o]

Today he is supporter of bitcoin cash

His most recent tweet:

If the BTC $ price were to increase x10 fold to $100k per coin, transaction fees would also increase x10 fold, from current avg of $6.47 to $64.70 fee PER TRANSACTION.

Who is currently paying $6.47 per transaction? He thinks this is the average price, so presumably he thinks some transactions are paying several times higher than this? What is he talking about? Almost all my transactions are made at the cost of a couple of cents. And a price increase of x10 doesn't mean a fee increase of x10. And hasn't he heard of Lightning?

He claims he directly connected to Satoshi's node, and so would have known Satoshi's IP. He doesn't seem to understand that Satoshi almost certainly ran nodes via a VPS or similar. He is also apparently charging £250 for anyone who wants to interview him.

Sounds like he has a poor knowledge of bitcoin and is now short on money, so is trying hard to make himself relevant.

[Kakmakr]

Today he is supporter of bitcoin cash

His most recent tweet:

If the BTC $ price were to increase x10 fold to $100k per coin, transaction fees would also increase x10 fold, from current avg of $6.47 to $64.70 fee PER TRANSACTION.

Who is currently paying $6.47 per transaction? He thinks this is the average price, so presumably he thinks some transactions are paying several times higher than this? What is he talking about? Almost all my transactions are made at the cost of a couple of cents. And a price increase of x10 doesn't mean a fee increase of x10. And hasn't he heard of Lightning?

He claims he directly connected to Satoshi's node, and so would have known Satoshi's IP. He doesn't seem to understand that Satoshi almost certainly ran nodes via a VPS or similar. He is also apparently charging £250 for anyone who wants to interview him.

Sounds like he has a poor knowledge of bitcoin and is now short on money, so is trying hard to make himself relevant.

He looks like a real snake oil salesman to me, because a lot of his public statements contains untruths or deliberate inaccuracies.    Do we have another CW here, looking for some media attention?

He even offered the Welsh council £7.4 million to dig in its tip for his lost Bitcoin, but that offer is only valid if he finds and recovers those bitcoins.    <So who deals with the recovery of the mess, if he does not find the drive and/or if the drive is inaccessible> 

[nc50lc]

This was old times...
Nowadays everyone has your wallet backed up by the mnemonic phrase, (24 words), which is a seed with all privatekeys.

You can save it on a paper, no need to save the wallet.dat anymore (unless you want to)

With Electrum and most light clients, yes but...
not with BitcoinCore/qt client, you still need to backup the wallet.dat somewhere else as a fail-safe.
It's possible by exporting the master private key (xprv), but it isn't doable by your regular Joe.

So we can say "majority" not "everyone"

[bitmover]

It's possible by exporting the master private key (xprv), but it isn't doable by your regular Joe.

So we can say "majority" not "everyone"

Regular Joe will not use bitcoin core also. It is not as easy to use as other spv wallets. Actually, even Electrum is hard to use for a regular joe.

[hugeblack]

I do not know why many people calculate the value of BTC in this time, but at the time they lost those coins, if you have 2,2 BNB, you will not care to keep them because it is not much in the current time.

If James Howells knew that the money would be worth $75m, he would be more careful.

Sounds like he has a poor knowledge of bitcoin and is now short on money, so is trying hard to make himself relevant.

He may be trying to spread misleading information, which is what many euro sponsors are doing.