Mircea Popescu died leaving 1 Million BTC behind?

[stompix]

No they wouldn't.  That's not how this stuff works.

No, but this is how the news work, fake or not, doesn't even matter, since all exaggerate.
Some of those numbers are for real, but not all. And if you start adding up all those alleged lost coins in huge amounts from the news you have a good chance to already get to more than the current supply.

Exactly, if we add all of them and then we throw in the number of so-called hacks and all the bitcoin stolen we might arrive at the conclusion not only a few guys own all the coins but they've also been robbed 10 times and they've managed to get their coins back. Same for the numbers of users or the percentage of the population owning bitcoin, adding those percentages we would end up with more than 4-5 hundred million, close to the total number of all the transactions ever made in the blockchain.
Oh, and let's not forget in that list knightmb, he had 370k BTC.

This is the first time I hear or read anything about this guy.
If he really had 1 million BTC,he would be way more famous and popular across the crypto community.The crypto news websites would be gossiping about his Bitcoin wealth every day.He would've been as famous as Satoshi Nakamoto,Roger Ver,Craig Wright and Elon Musk.

I don't think he had that amount, I don't think even 1/10 of that claim but at the same time why the hell must anyone owning larger amounts of bitcoins be the talk of the town and make the headlines of every news like rappers do when spending money around? Take a guess, how many people have heard of Bernard Arnault? Well, he is richer than Musk but I don't see him twittering all day long!

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[CryptoStar19]

People dying and sending their BTC to purgatory (to the world of lost BTC) would be expected to be an ongoing issue moving forward: as of recently there are custody services in the US that will handle transfer of crypto to next of kin in the event of death but these services are very new, not available in many countries, and not quite mainstream.

The immediate effect of this is of course that the remaining BTC in the world becomes slightly more valuable as some is lost on an ongoing basis, not just from deaths but also people losing access for other reasons.

[Lucius]

I don't think he had that amount, I don't think even 1/10 of that claim but at the same time why the hell must anyone owning larger amounts of bitcoins be the talk of the town and make the headlines of every news like rappers do when spending money around? Take a guess, how many people have heard of Bernard Arnault? Well, he is richer than Musk but I don't see him twittering all day long!

Maybe a month or so ago I read that he became the richest man in the world, and there was even a rumor that he had something to do with investing in cryptocurrencies - which he denied. Fortunately, not all rich people are eccentric psychopaths who play on social networks all day, and receive billions of incentives from the state, which they present as their business success.

If Popescu is really dead, he should be allowed to rest in peace - and if he had a certain amount of BTC and someone important in life, he must have made sure not to take his wealth to the grave. He obviously had a lot of fans who now want him not to be forgotten, but I personally don’t remember him in the context of this forum considering he hasn’t been active for the past 5 years.

[bryant.coleman]

People dying and sending their BTC to purgatory (to the world of lost BTC) would be expected to be an ongoing issue moving forward: as of recently there are custody services in the US that will handle transfer of crypto to next of kin in the event of death but these services are very new, not available in many countries, and not quite mainstream.

The immediate effect of this is of course that the remaining BTC in the world becomes slightly more valuable as some is lost on an ongoing basis, not just from deaths but also people losing access for other reasons.

When coins are passed to the kin, in most of the cases they may not be interested in the concept of cryptocurrency and the easiest option for them may be to dump all the coins at once. So IMO, it is better for the overall health of cryptocurrency, if these coins are lost. Bitcoin doesn't deserve to be in the hands of people who hates it. And more so, if they end up in their hands as a result of inheritance. BTW, I don't think that Mircea Popescu owned anyway near the amount mentioned here. It is not even possible to accumulate that many coins, given the date when he first entered the cryptocurrency market.

[Carlton Banks]

dunno, it would help my credulity along a ways if he had died in a less corrupt part of the world.

I'm reading: "Man with 1,000's of BTC issued a death certificate in a corrupt country, had humongous ego + known history of high level trolling/manipulating"

[vapourminer]

i followed MP off and on through the years. like him or hate him he was definitely a smart and careful person.

i got the impression that he had plans for that coin, and even if it wasnt finalized 100% he had a course of action set up in case.  whether that plan was take it to the grave (ie "donation to everyone") or to make sure it was used in a matter that he chose is a given. as to what plan was uppermost at the time of his alledged death remains to be seen, but im absolutely sure he gave it the same thought and planning he gave most of his ideas (of course that doesnt mean that all of his ideas and plans were good).

were any addys under his personal control ever known?

another possibility: maybe he has timelocked (whatever that term is.. nLockTime?) txs ready to fire at some point using bitcoins built in equivalent of a dead mans switch?

RIP MP

"F"

[Lucius]

dunno, it would help my credulity along a ways if he had died in a less corrupt part of the world.

I'm reading: "Man with 1,000's of BTC issued a death certificate in a corrupt country, had humongous ego + known history of high level trolling/manipulating"

Yes, this definitely leaves a suspicion similar to the case of Gerald Cotten who went to India and reportedly passed away, while also taking with him all the private keys of his crypto exchange. Of course, the situation is not nearly the same in the sense that Popescu is scamming someone (although there are various accusations against him), but money can buy everything, especially in countries where everyone is corrupt.

Information that can be found about him says that the man was a racist and sexist, and that his blog was even banned in India. When we draw the line below everything, he was definitely (or still is) a controversial person.

https://twitter.com/pete_rizzo_/status/1409134130676305921
https://gadgets.ndtv.com/cryptocurrency/news/mircea-popescu-bitcoin-billionaire-dies-at-41-2474796

[bryant.coleman]

Yes, this definitely leaves a suspicion similar to the case of Gerald Cotten who went to India and reportedly passed away, while also taking with him all the private keys of his crypto exchange. Of course, the situation is not nearly the same in the sense that Popescu is scamming someone (although there are various accusations against him), but money can buy everything, especially in countries where everyone is corrupt.

Information that can be found about him says that the man was a racist and sexist, and that his blog was even banned in India. When we draw the line below everything, he was definitely (or still is) a controversial person.

https://twitter.com/pete_rizzo_/status/1409134130676305921
https://gadgets.ndtv.com/cryptocurrency/news/mircea-popescu-bitcoin-billionaire-dies-at-41-2474796

I have been to India multiple times, and I have resided there for months. I have relatives and friends in India. And based on all this, let me say that it is not impossible for someone to fake his death in India. If you have the money, and in case you have the "connections", then these sort of operations can be done with ease. Now I don't have any evidence to prove that Gerald Cotten (of QuadrigaCX) faked his death and he is still alive. But I am saying that there is a strong possibility that he might have done it.

[Sukrim]

I read some articles,stating has was an early Bitcoin adopter back in 2011 and he had a cryptocurrency exchange platform.Is this even true?

His posts in this forum are still up including discussions about his various projects and his blog (trilema.com) is public as well.
If you need to rely on articles to spoon feed you information or to do fact checking for you, I have bad news...

[Potato Chips]

As @praine mentioned this info is mostly coming from MP's blog where he posted the financial situations or by his "PR account" (same source though...)

Which is an even more weak evidence because it's just an estimated market value of his assets in bitcoin which means he doesn't actually hold those coins. In addition, we don't know if he has sold 'em all at that price (or more). Considering how no one took over MPex, I'm leaning on nope.

[Lorence.xD]

dunno, it would help my credulity along a ways if he had died in a less corrupt part of the world.

I'm reading: "Man with 1,000's of BTC issued a death certificate in a corrupt country, had humongous ego + known history of high level trolling/manipulating"

My man probably wants to troll the world one last time even though is already dead. Probably there's some truth to this story but we can't be so sure about it anyways because we don't know the whole story behind this.

[pixie85]

He was last active in bitcointalk forum back in April 2016 and I see that he has negative feedback with scam accusations, but even Roger Ver posted that he is now dead,
and I am sure he was not a Polish man like that Costa Rican crhoy.com article is saying, but he was actually from Romania.
I do hope he left his private keys to someone, or those Bitcoins are lost forever in ocean with him.

He was Romanian. One of the articles linked by OP calls him a Romanian Bitcoin baron, but maybe they found a Polish ID with him or something

I remember reading about him when I came to the forum and I thought some people treated him like a kind of cult leader. There was a girl who acted like his personal mouthpiece on the forum but got banned for something.

I doubt he still owned a million bitcoins when he died but even if he had 100 thousand it's still a sad thing that he had so much and was never able to spend it. Life is short, remember this.

[DutchDemon]

Anyone surprised that individual large BTC HODLers, who did not adhere to authorities, like John McAfee & Mircea Popescu are mysteriously dying, while large exchanges like Binance are facing regulatory blockage world wide? Billionaires like Elon Musk are suddenly discovering issues with Bitcoin, while Chinese miners are forced to shut down. All these are happening after G7 summit.

[aoluain]

dunno, it would help my credulity along a ways if he had died in a less corrupt part of the world.

I'm reading: "Man with 1,000's of BTC issued a death certificate in a corrupt country, had humongous ego + known history of high level trolling/manipulating"

Yes, this definitely leaves a suspicion similar to the case of Gerald Cotten who went to India and reportedly passed away, while also taking with him all the private keys of his crypto exchange. Of course, the situation is not nearly the same in the sense that Popescu is scamming someone (although there are various accusations against him), but money can buy everything, especially in countries where everyone is corrupt.

Information that can be found about him says that the man was a racist and sexist, and that his blog was even banned in India. When we draw the line below everything, he was definitely (or still is) a controversial person.

https://twitter.com/pete_rizzo_/status/1409134130676305921
https://gadgets.ndtv.com/cryptocurrency/news/mircea-popescu-bitcoin-billionaire-dies-at-41-2474796

Its funny, my wife mentioned this to me this morning, that some rich Bitcoiner drowned,
I had to investigate and here he is or was Mircea Popescu.

The more I read of him the more I dislike, racism and sexism are two of the most ugly traits.
I doubt he has left the keys to his crypto to anyone if indded he has died,
but will someone find them? that is intriguing.

Popescu is also known for being behind MPEx, a bitcoin securities exchange he started back in 2012. It became a hub for bitcoin IPOs and brought him a lot of negative attention from the SEC among others. He went on to loudly criticized Ripple and Bitcoin Savings and Trust because he viewed them as scams. The latter turned out to be right about. But his behavior as much as his views made him so well known in the industry. Popescu was loud, brash, and as unapologetic as one can be. It became his signature and grew him a large fan base despite documented cases of sexism and racism.

[Lucius]

Anyone surprised that individual large BTC HODLers, who did not adhere to authorities, like John McAfee & Mircea Popescu are mysteriously dying, while large exchanges like Binance are facing regulatory blockage world wide? Billionaires like Elon Musk are suddenly discovering issues with Bitcoin, while Chinese miners are forced to shut down. All these are happening after G7 summit.

Some will say that nothing in this world happens by accident, but if we reject conspiracy theories - I don't see how all these events are connected unless EM works for the Chinese, and at the same time they have a special team of assassins who eliminate those who have some evidence against them.

It all sounds to me like another in a series of films from the Mission Impossible series - especially since you mention the G7 at the end - which is actually just a cover for those who actually decide everything. At the end, who can prove that JM and Popescu were killed when they both died in a very appropriate way - one in a prison cell and the other in the depths of the ocean, the truth is as they presented it, believe it or not, nothing will change.

[iTradeChips]

Anyone surprised that individual large BTC HODLers, who did not adhere to authorities, like John McAfee & Mircea Popescu are mysteriously dying, while large exchanges like Binance are facing regulatory blockage world wide? Billionaires like Elon Musk are suddenly discovering issues with Bitcoin, while Chinese miners are forced to shut down. All these are happening after G7 summit.

Some will say that nothing in this world happens by accident, but if we reject conspiracy theories - I don't see how all these events are connected unless EM works for the Chinese, and at the same time they have a special team of assassins who eliminate those who have some evidence against them.

It all sounds to me like another in a series of films from the Mission Impossible series - especially since you mention the G7 at the end - which is actually just a cover for those who actually decide everything. At the end, who can prove that JM and Popescu were killed when they both died in a very appropriate way - one in a prison cell and the other in the depths of the ocean, the truth is as they presented it, believe it or not, nothing will change.

If you think about it, the events relating to Bitcoin, cryptocurrencies, and people related to Cryptocurrencies are much much more frequent now than any other news about Bitcoin and crypto for the past few years. I mean that is what I feel, I don't know about you guys but the powers that be might have something cooking against cryptocurrency and Bitcoin. Sooner or later we will see more and more news that will affect the markets and make people scrambling to sell their coins.

[Vishnu.Reang]

Some will say that nothing in this world happens by accident, but if we reject conspiracy theories - I don't see how all these events are connected unless EM works for the Chinese, and at the same time they have a special team of assassins who eliminate those who have some evidence against them.

It all sounds to me like another in a series of films from the Mission Impossible series - especially since you mention the G7 at the end - which is actually just a cover for those who actually decide everything. At the end, who can prove that JM and Popescu were killed when they both died in a very appropriate way - one in a prison cell and the other in the depths of the ocean, the truth is as they presented it, believe it or not, nothing will change.

In McAfee's case, it is clear that he committed suicide. He had previously given hints as well. Being an such an egoistic person, getting deported to the United States was something which he could not get himself adjusted to. Now the investigators will have a hard time in recovering the coins which he made during the ICO boom. However, the case of Mircea Popescu looks very suspicious. What are the chances that someone like him would venture alone in to a section of the beach which is known to be dangerous?

[Lucius]

In McAfee's case, it is clear that he committed suicide.

This was shown by the official investigation, which even states that he left suicide notes in the pocket of his pants - but also his wife claims that he talked to her that day and promised to hear from her in the evening. A second independent autopsy has been requested, but has not yet been approved, so there will remain doubt as to what actually happened - because JM may have known some things he needed to take with him to the grave.

However, the case of Mircea Popescu looks very suspicious. What are the chances that someone like him would venture alone in to a section of the beach which is known to be dangerous?

Given his character and way of life, I wouldn't be surprised if he ignored all warnings and security measures, because when you have a lot of money in your life and you can afford everything, you start looking for excitement in some dangerous things - the biggest stake such people put on the gamble is their life.