User got access to their 127 BTC after 9 years

[Daltonik]

One of the Reddit users regained access to a wallet with 127 BTC that was lost several years ago. This is stated in the message in the r/Bitcoin subreddit.

I found the private keys to my 127 Bitcoins I lost 8-9 years ago. I’m at a loss for words. [UPDATE!]

First and foremost, wow; I did not expect my story to blow up as much as it did. I was shocked to wake up this morning to see that The DailyHodl published a feature covering what had happened. Over the past 24 hours, I’ve gotten dozens of DM’s of people asking me questions, requesting interviews, and most importantly—wanting clarification. If you don’t know what the heck I’m even talking about, feel free to look at my account’s recent post history.

The author of the post under the nickname BitcoinHolderThankU earned bitcoins in 2011-2012 by watching videos and completing tasks, but lost the private keys to the wallet. He restored access only in December 2020.

[BlackHatCoiner]

Wow, one hundred twenty seven bitcoins... This is a huge amount. It clearly shows the power of bitcoin. Back in 2011 it was nothing but a developing game. And look at it, today. This guy must have been speechless at the moment of the recovery. I would pay, just to see him crying out of laughing! 

We have to interview him here, on bitcointalk!

[aoluain]

Thats a "Great news story"

That type of find is life changing for sure.

BitcoinHolderThankU is lucky, so many old wallets have been forgotten/given up on and hard drives
disposed of in the past because the owners lost keys or hadnt the faith in Bitcoin for the future,
especially when Bitcoin was valued at less than a $

Great story, im happy for BitcoinHolderThankU

Also it must be said that the people who started with Bitcoin back in first years and had the
interest and foresight to continue through the bull and bear cycles deserve massive credit,
we wouldnt be here without them.

[Oshosondy]

The author of the post under the nickname BitcoinHolderThankU earned bitcoins in 2011-2012 by watching videos and completing tasks, but lost the private keys to the wallet. He restored access only in December 2020.

The value of bitcoin as at 2012 is not that high as of this time, bitcoin was less than $12 at the time. It is not the video task or the survey that made him rich now. Those kind of tasks can not make someone rich, he his now rich and worth over a billion dollars because bitcoin price increase all way low to all way high from less than $12 to over $35000 when he sold it last year December.

[xcaret]

I wonder in  a case of this large of an amount ,  how would  a person turn that amount into  cash .
 I bet  there are a lot of people looking for old paper wallets or whatever they havve old stashed bit coins on ..
What a great  story .

[kentrolla]

That's a great news and BTC clearly shows how safe and secure asset it is, people even now are very much concerned about it's security and this news is the evident for all those worries.

This is definitely a big number and I am sure he would be the happiest person in the world his patience finally worked for him and BTC is proving again and again about it's trust towards the public.

[aoluain]

I didnt realise it but they actually sold them all!

...and is thinking of investing in the S&P500, im shocked, it seems they dont have faith in Bitcoin for the future.

"2: What I Would’ve Done Differently

Many different intense emotions were hitting me every single day for the past few weeks ever since this had happened. Initially, the number one thing on my mind was to not ruin this opportunity and to realize my gains as soon as humanly possible without somehow fucking this up. Looking back at things, I would not have sold all 127 Bitcoins if I were given a second chance. Instead, I would’ve sold the majority of them and kept a handful to hold for years to come. Especially seeing that the price of Bitcoin has gone up substantially this week, I can’t help but feel a bit of remorse for selling everything prematurely. Some of you commented on my previous post asking why I decided to end the post with “Hold On for Dear Life” when I sold everything. Well, to give myself credit, I did HODL for 8-9 years which is more than the vast majority of crypto users I think. But yeah, I definitely would’ve done things differently if I were given a second chance.

#3: My Plans Moving Forward

For one, I tried to log in to my old Dark Orbit account for nostalgia purposes but I wasn’t able to remember my username and/or password lol. My plan moving forward is to find a safe, low-risk investment channel to put this money into after I figure out what I’m going to do with taxes. My thoughts are to probably put most of it in the S&P 500 until I’m at least done with school. I don’t want to end up like one of those people who win the lottery and blow it all in a matter of months/years. That being said, I’m going to continue living my life normally as I was on December 21st and every day before that. No expensive luxuries, no new house, no new car, nada"

[irixo10]

This is just another outstanding proof that all Bitcoin needs is time and it will surprise a lot of people as well as change lives. When he did those tasks, Bitcoin wasn't worth that much, but it served a purpose then, how? It was used to pay for a services rendered and owing to how secure it is, no one hacked nor accessed it until the holder found his private keys. I believe this story will teach a lot of people some lessons that Bitcoin is here for the future and no type of trash talks will reduce its potential but as time goes on, it will keep growing in value as we have seen today. In addition, this will also make those who lost access to their Bitcoin to start looking for where they kept their private keys, because something of such value will give the owner the motivation to keep looking for the details until it's recovered.

[casperBGD]

~snip
#3: My Plans Moving Forward

For one, I tried to log in to my old Dark Orbit account for nostalgia purposes but I wasn’t able to remember my username and/or password lol. My plan moving forward is to find a safe, low-risk investment channel to put this money into after I figure out what I’m going to do with taxes. My thoughts are to probably put most of it in the S&P 500 until I’m at least done with school. I don’t want to end up like one of those people who win the lottery and blow it all in a matter of months/years. That being said, I’m going to continue living my life normally as I was on December 21st and every day before that. No expensive luxuries, no new house, no new car, nada"[/i]

interesting, to sold everything
but expected, since it was long time ago, and he forget about it, it is just like winning a lottery and there is not much connection with BTC revolution or anything, so he just made fortune and go further to pursue his goals, good for him

maybe his sales influenced sell-off, 127 BTC is a solid amount for sale

[acener]

What a lucky user to finally have access to their Bitcoin wallet after 9 years and when the price was finally so high,
Imagine being a multi millionaire because you had lost access to your Bitcoin wallet so you have no other choice but to watch the price fluctuate from time to time and finally gained it when it was flying high again.

[Question123]

His lucky to find out their private that it lost and they get more money, maybe if he did not forget their private keys they did not hold that kind of amount of bitcoin because if he are going to saw the price like the year 2011 or 2012 maybe he already sold out his bitcoin. That is huge amount now and in my country the cost of it is hundred millions in my country money.

[samputin]

What a huge amount and what a lucky guy! I'm sure he was speechless after figuring out his private key 'cause if I were him, I would totally be loss of words.

And regarding his statement, that's so humble of him just being simple and not thinking about buying a new car or a new house or any type of luxurious things. Not many people would do that if they were to have that huge amount. I'm just happy for him.

[Coinsfera]

One of the Reddit users regained access to a wallet with 127 BTC that was lost several years ago. This is stated in the message in the r/Bitcoin subreddit.

The author of the post under the nickname BitcoinHolderThankU earned bitcoins in 2011-2012 by watching videos and completing tasks, but lost the private keys to the wallet. He restored access only in December 2020.

When he did those tasks to get Bitcoin maybe he did not have any idea that those Bitcoins will be valued over 41k. It is very great news for him and the Bitcoiners. Probably he was too upset during the 2017 bull-run but now he has reasons to be happy as a holder of 127 BTC- approx- 5 million dollars. It is interesting that what will he do with all those Bitcoins.

[btc_angela]

All's well that ends well. At least his bitcoins are not going to be another lost statistics as we all know that there are thousands of bitcoin that have been lost into oblivion, making bitcoin more scarce.

We should say one of the luckiest in the bitcoin world right now, as we are in a bull run and with that amount, he will be set for life, take for being a early bag holder and believer of this technology.

[Leviathan.007]

This feels awesome when you finally find this amount of bitcoin while you couldn't get access to it for years. His huge amount of bitcoin can make anyone rich. However, turning this amount of bitcoins into cash won't be easy I guess. Turning 4.4m bucks into cash will attract anyone including the government. Depending of the place he lives he will need to pay too much tax for the exchange unless he use decentralized exchanges. I would exchange only a few amount of the bitcoins per month.

[Karartma1]

Unbelievable, simply unbelievable! What a great load of luck this guy had finding lost private keys from the past with a fortune in them. If he's smart enough he can also claim the corresponding shitcoins (bch, bsv.....) and go for a full Jackpot!
For some, life can be really surprising!

[stompix]

I didnt realise it but they actually sold them all!
...and is thinking of investing in the S&P500, im shocked, it seems they dont have faith in Bitcoin for the future.

My thoughts are to probably put most of it in the S&P 500 until I’m at least done with school. I don’t want to end up like one of those people who win the lottery and blow it all in a matter of months/years.

And in just a matter of hours, it tuned out from a successful story about bitcoin to let's not talk about.
Him dumping everything and then thinking of investing in the stock market is hardly something a true "bitcoinholder" would do.
Well, at least he didn't buy XRP.

All's well that ends well. At least his bitcoins are not going to be another lost statistics as we all know that there are thousands of bitcoin that have been lost into oblivion, making bitcoin more scarce.

And how is this good for you and me and everyone else holding bitcoins?
If those coins would be hols would mean every bitcoin left would be more valuable, look what happened, he dumped 100 of them,$4 million which could have been used to buy current mined coins went to cover those.
Do you think somebody else finding 5000BTC and selling them would be also good for bitcoin and for all of us?

[Wexnident]

I didnt realise it but they actually sold them all!

...and is thinking of investing in the S&P500, im shocked, it seems they dont have faith in Bitcoin for the future.

Well, I suppose he's trying to invest in stuff he knows about. It isn't clear whether the dude is actively engaged with crypto (to me that is), but I suppose he doesn't really want to enter the market for know, that or he's expecting a correction sooner or later, so he might invest later on instead of now. Honestly, anyone in his place would've probably lost his mind, but well glad that everything worked out so far and the person is trying to spend things wisely.

Congratulations to him, and for anyone else, might want to check your old wallets, you never know.

[cheezcarls]

One of the Reddit users regained access to a wallet with 127 BTC that was lost several years ago. This is stated in the message in the r/Bitcoin subreddit.

I found the private keys to my 127 Bitcoins I lost 8-9 years ago. I’m at a loss for words. [UPDATE!]

First and foremost, wow; I did not expect my story to blow up as much as it did. I was shocked to wake up this morning to see that The DailyHodl published a feature covering what had happened. Over the past 24 hours, I’ve gotten dozens of DM’s of people asking me questions, requesting interviews, and most importantly—wanting clarification. If you don’t know what the heck I’m even talking about, feel free to look at my account’s recent post history.

The author of the post under the nickname BitcoinHolderThankU earned bitcoins in 2011-2012 by watching videos and completing tasks, but lost the private keys to the wallet. He restored access only in December 2020.

Holy smokes! Good for him! $34k x 127 BTCs. He’s now God damn rich man! It’s worth not giving up his private keys after 9 long years. Now he can finally enjoy in becoming a rich guy. Maybe he would buy a Lambo lol.

[UserU]

Holy smokes! Good for him! $34k x 127 BTCs. He’s now God damn rich man! It’s worth not giving up his private keys after 9 long years. Now he can finally enjoy in becoming a rich guy. Maybe he would buy a Lambo lol.

Over 4 million buckeroos. He can retire, as well as his future generations. Damn!

But to think about it, he fucked up because people are gonna dig the hell out of his info or whatever he posted.