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Author Topic: Owner of 8K bitcoin lost in landfill threatens to bankrupt local council  (Read 1601 times)
larry_vw_1955 (OP)
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October 05, 2023, 11:24:09 PM
 #121


The idea of tossing his hard drive laden with 7500 bitcoin was not an informed one, obviously, but who would have imagined that it'll be worth a fortune today.
who throws away a working hard drive? not me! i don't know why he did it. but that was a dumb thing to do. use it as a backup device or something but don't contribute to the landfill waste for no good reason.
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October 06, 2023, 01:18:16 AM
 #122

I think him lashing out at the city council and threatening to sue them doesn't make bitcoin look good. wherever his hard drive is, if it's in that trash dump i don't see how even a data recovery expert could get anything off of it. it's probably been crushed, cracked, corroded, etc. lost cause. his big mistake was throwing it away in the first place but that was his fault no one elses. he lost those bitcoin a long time ago. and they're not coming back.  Shocked
A threat that never meant anything to the city council, do we think he could make such a threat because he lost something he had. The case that happened to him was not caused by someone else's fault and how could he possibly sue a particular institution because he lost something because of his own fault? This threat could also get him into trouble with the law? for carrying out unpleasant actions against certain institutions.

It's a big regret to lose hundreds of dollars in bitcoin, but the man can't do anything about it. The next step is to forget that, buy and hold bitcoin because that's the only way so that the man doesn't lose his mind and become even crazier doing unexpected things that have no benefit

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October 06, 2023, 01:29:57 AM
 #123

This guy lost 15.000 BTC when he sold his laptop in 2010 and has accepted it.
There are not too any options unless someone wants to live his life just regretting a wrong decision. It is what it is, unfortunately this Welsh guy looks like he can't accept his mistake and his throwing away the best years of his life (since he's still kind of young) pursuing something that will never get. He must live a pretty sad life. The majority of people on this forum took some wrong decisions at some point, it happens, we just need to accept it and keep going.

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October 06, 2023, 04:29:57 AM
 #124

Even if this case was taken to court, on what grounds would this ever turn in his favour when the council were simply doing its job of taking care of the trash... besides by now contents of the trash could have corroded by now??? Btw for something he considers to have been valuable ,he shouldn't have been this careless and only add value to this after it was disposed off...

Regardless of what happened perhaps for the sake of closure let the man have his shot at digging up the trash maybe he will find his cold wallet.


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October 06, 2023, 12:58:13 PM
 #125



I admire this man's unrelenting quest to find his hard drive and eventually get back the Bitcoin he own and be really rich and then enjoy the kind of life he is thinking he is deserving. However, by the looks of it, this is already a lost cause and he is already going beyond what a "normal" could do.

Certainly, while I love a person who is not giving up for any reason there comes a time when we have to accept reality. I am suggesting that to make some money, he can write a book with his whole Bitcoin experience and maybe there can even be movie studio to get interested to buy the rights to the book...and maybe he can still be a millionaire.

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October 07, 2023, 06:26:21 PM
 #126

While it's unfortunate that the bitcoins were lost, engaging in constructive dialogue and working with local authorities to find a solution may be a more effective and amicable way to address the situation, rather than resorting to threats of bankruptcy.
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October 07, 2023, 07:37:03 PM
Last edit: October 07, 2023, 07:57:13 PM by erep
 #127

Even if this case was taken to court, on what grounds would this ever turn in his favour when the council were simply doing its job of taking care of the trash... besides by now contents of the trash could have corroded by now??? Btw for something he considers to have been valuable ,he shouldn't have been this careless and only add value to this after it was disposed off...
He hopes to find the cold wallet in the rubbish pile and if he doesn't find it he will sue all the local councils who deal with waste disposal issues, he is very ambitious to be able to find the cold wallet again but the old rubbish has probably been destroyed. So he wanted to make a local council report to the police, but most likely his report was rejected because he made a mistake by throwing the hard wallet in the trash. Whatever the effort, it will be difficult to find the wallet device again, even if someone reports finding corroded hardware, the hardware cannot be repaired.

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February 19, 2024, 01:38:07 PM
 #128

https://protos.com/owner-of-8k-bitcoin-lost-in-landfill-threatens-to-bankrupt-local-council/

I think him lashing out at the city council and threatening to sue them doesn't make bitcoin look good. wherever his hard drive is, if it's in that trash dump i don't see how even a data recovery expert could get anything off of it. it's probably been crushed, cracked, corroded, etc. lost cause. his big mistake was throwing it away in the first place but that was his fault no one elses. he lost those bitcoin a long time ago. and they're not coming back.  Shocked
This has nothing to do with Bitcoin as it is entirely the person's fault. If the man had kept his keys in a well-protected place or at home, this would never have happened and he had completely forgotten about it. If he had kept his key/seed phrase stored in a safe place in his home, he would never have lost so much money. It's really stupid to forget the keys to a wallet with so much money, and it would be completely wrong for this person to blame or pressure the city council for this. Although he has lost a large amount of money, he may have suffered a lot for which he is blaming others. But it is not right to blame someone else for his own mistakes surely he will understand when he is in full health. He may be mentally broken because of losing a lot of money but later he will surely understand and then he will not blame anyone but he will realize his own fault.

Of course it would have been best if the keys were written down on a piece of paper or in a notebook, this would never have happened if the pictures were in a safe place. A sane normal person cannot live with a simple mind because he has lost bitcoins. And it's true that any person will go crazy after losing 8k bitcoins because the current value of bitcoins is huge. That's why it's best to keep the keys of any wallet in a safe place.

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February 19, 2024, 02:51:12 PM
 #129

https://protos.com/owner-of-8k-bitcoin-lost-in-landfill-threatens-to-bankrupt-local-council/

I think him lashing out at the city council and threatening to sue them doesn't make bitcoin look good. wherever his hard drive is, if it's in that trash dump i don't see how even a data recovery expert could get anything off of it. it's probably been crushed, cracked, corroded, etc. lost cause. his big mistake was throwing it away in the first place but that was his fault no one elses. he lost those bitcoin a long time ago. and they're not coming back.  Shocked
This has nothing to do with Bitcoin as it is entirely the person's fault. If the man had kept his keys in a well-protected place or at home, this would never have happened and he had completely forgotten about it. If he had kept his key/seed phrase stored in a safe place in his home, he would never have lost so much money. It's really stupid to forget the keys to a wallet with so much money, and it would be completely wrong for this person to blame or pressure the city council for this. Although he has lost a large amount of money, he may have suffered a lot for which he is blaming others. But it is not right to blame someone else for his own mistakes surely he will understand when he is in full health. He may be mentally broken because of losing a lot of money but later he will surely understand and then he will not blame anyone but he will realize his own fault.

Of course it would have been best if the keys were written down on a piece of paper or in a notebook, this would never have happened if the pictures were in a safe place. A sane normal person cannot live with a simple mind because he has lost bitcoins. And it's true that any person will go crazy after losing 8k bitcoins because the current value of bitcoins is huge. That's why it's best to keep the keys of any wallet in a safe place.

The owner of the lost Bitcoins most likely did not anticipate Bitcoin's current high value like everyone else. If they had purchased it 10 years ago, they may have considered its value too low to expect the significant increase we see today. Unfortunately, the owner did not take any safety measures to recover the lost Bitcoins, as they disposed of the hard wallet without any backup.

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February 20, 2024, 01:08:50 AM
Last edit: February 20, 2024, 01:40:06 AM by headingnorth
 #130

Just think of the insane amount of labor that would be required to manually sift through every inch of ten plus years of accumulated garbage searching for a tiny little object.
Not just from one person's garbage but from tens of thousands or hundreds of thousands of people's garbage.

Who does he think is going to perform all that nasty work for him? Who on earth would be willing to do that nasty job?
How many months or years would it take? Is he going to do it by himself?  

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larry_vw_1955 (OP)
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February 20, 2024, 01:46:24 AM
 #131

Just think of the insane amount of labor that would be required to manually sift through every inch of ten plus years of accumulated garbage searching for a tiny little object.
i think the garbage dump kept computer records of what zones they put garbage in in different time periods so they could narrow the location down quite a bit and not have to search the entire garbage dump.

Quote
Who does he think is going to perform all that nasty work for him? Who on earth would be willing to do that nasty job?
i think he had a business plan for that and had investors maybe. not sure.
Quote
How many months or years would it take? Is he going to do it by himself?  
it wouldn't take very long if they were just looking in a small area. probably months at most.
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February 20, 2024, 02:14:34 AM
 #132

Just think of the insane amount of labor that would be required to manually sift through every inch of ten plus years of accumulated garbage searching for a tiny little object.
Not just from one person's garbage but from tens of thousands or hundreds of thousands of people's garbage.

Who does he think is going to perform all that nasty work for him? Who on earth would be willing to do that nasty job?
How many months or years would it take? Is he going to do it by himself?  
Come to think that even just leaving that hard drive on a dump site for 3 days or even a week would already that impossible for such recovery of those coins. This is why it would really be that somewhat useless.
It would really be best that you should really accept your fate on which there's no way that you could be able to see those coins again. There are really things in life on which if it isnt ours then it wont be.
Missed out opportunities could really happen into our lives and there's nothing we can do but to move on. Yes, its painful and a true nightmare. If you have decided to spend up some money to
get that harddrive back then its your choice but you are just basically wasting up your time and money.

How many years had passed already? Corrosion or water damage for sure it is.

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February 20, 2024, 02:24:36 AM
 #133

Maybe the guy and the investors could buy the whole landfill site, then they could try to get the necesssary permits and dig as much as they like for the harddrive Smiley
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February 20, 2024, 02:29:41 AM
 #134

What drives him is not logic nor reason but rather his insanity and regret. I don't understand how it would be the local council's fault if he trashed his hard drive knowingly. If he were to be granted rights to dive into the landfill and possibly get the hard drive, what are the chances that it's not severely damaged by corrosion and other elements? It's been years, and even the strongest metal, when exposed to the chemicals, moisture, and other such things in the landfill, will corrode or possibly even disintegrate. It's time to give up that 8k bitcoins. This dude is just moved by false hopes.

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larry_vw_1955 (OP)
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February 20, 2024, 05:45:07 AM
 #135

What drives him is not logic nor reason but rather his insanity and regret. I don't understand how it would be the local council's fault if he trashed his hard drive knowingly. If he were to be granted rights to dive into the landfill and possibly get the hard drive, what are the chances that it's not severely damaged by corrosion and other elements? It's been years, and even the strongest metal, when exposed to the chemicals, moisture, and other such things in the landfill, will corrode or possibly even disintegrate. It's time to give up that 8k bitcoins. This dude is just moved by false hopes.

that does bring up a question. if someone has lost access to their bitcoins and can prove it, maybe there could be a protocol that would burn the lost bitcoins forever and then re-issue them under new private keys. what would be the harm in doing that to the bitcoin ecosystem? it's not really harming anyone. as long as they can prove they are the rightful owner. i guess people will say "how do you prove it?" but that's not the point. i'm saying "if you could prove it."
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February 20, 2024, 06:19:55 AM
 #136

Just think of the insane amount of labor that would be required to manually sift through every inch of ten plus years of accumulated garbage searching for a tiny little object.
i think the garbage dump kept computer records of what zones they put garbage in in different time periods so they could narrow the location down quite a bit and not have to search the entire garbage dump.

Quote

i think he had a business plan for that and had investors maybe. not sure.
Quote
How many months or years would it take? Is he going to do it by himself?  
it wouldn't take very long if they were just looking in a small area. probably months at most.



Doesn't matter how much money you throw at this wild goose chase at the end of the day, someone, or many someones, would have to manually sift through every square inch of the garbage in that zone. Who is going to do it? Even if they somehow narrowed it down to one zone of the landfill you're still talking about hundreds if not thousands of tons and years of accumulated garbage. No one in their right mind will want to perform such a ridiculous task. You would be exposing human beings to an extreme toxic environment. To call it inhumane would be an understatement as well as violating all kinds of labor laws and human rights violations.  



 

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bobbybkk
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February 20, 2024, 06:37:09 AM
 #137

Just think of the insane amount of labor that would be required to manually sift through every inch of ten plus years of accumulated garbage searching for a tiny little object.
i think the garbage dump kept computer records of what zones they put garbage in in different time periods so they could narrow the location down quite a bit and not have to search the entire garbage dump.

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i think he had a business plan for that and had investors maybe. not sure.
Quote
How many months or years would it take? Is he going to do it by himself?  
it wouldn't take very long if they were just looking in a small area. probably months at most.



Doesn't matter how much money you throw at this wild goose chase at the end of the day, someone, or many someones, would have to manually sift through every square inch of the garbage in that zone. Who is going to do it? Even if they somehow narrowed it down to one zone of the landfill you're still talking about hundreds if not thousands of tons and years of accumulated garbage. No one in their right mind will want to perform such a ridiculous task. You would be exposing human beings to an extreme toxic environment. To call it inhumane would be an understatement as well as violating all kinds of labor laws and human rights violations.  
 


Just hire ex military special forces, they are trained for extreme challenging stuff Smiley
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February 20, 2024, 06:43:18 AM
 #138

I was wondering if his wallet wan on a custodian of the local council. If by means wallets are been invaded and penetrated, is there a law or right holding a party responsible for it? Although it could only happen if your fund was Invested in an exchange of a centralized networks and could be traceable with evidence that the commission was responsible for your lost or on the note that there could be an insurance rapport agreement to keep your funds safe without excuses of lost or any negative trust.

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February 20, 2024, 07:19:02 PM
 #139

I thought this guy had come to terms with this loss for a long time, but he got even more angry. Maybe the homeless have dug up this hard drive for a long time and the guy is suffering so much in vain.


.SWG.io.













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February 20, 2024, 07:26:09 PM
 #140

I thought this guy had come to terms with this loss for a long time, but he got even more angry. Maybe the homeless have dug up this hard drive for a long time and the guy is suffering so much in vain.
Probably because we know that there would be those homeless people would be trying out to pick those things which they do saw that they could get benefit from and as for harddrive since it would really be that metal
then it could possibly that its been long time that had been picked up. For a long time then losing that 8k isnt something that you could really be able to move on so easily. Just like on what those things mentioned above
by some members that water+corrosion damage would already be that enough for that HDD not to be able to recover and since its been long time that it had been dumped then there's no way that he could get those coins back. Yes, it is surely a pain but there's nothing we can do but to move on in life. Living with this kind of nightmare wont really be that easy but just been said that lets move forward as there would be still
tons of opportunities that we can have on this market.

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