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Author Topic: Day i have lost my 100 bitcoins  (Read 922 times)
TrAsHeR (OP)
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March 11, 2024, 03:12:09 PM
 #1

Hello Smiley

One day, a few years ago now, I had ~100 bitcoins on Old Usb Key.

I didn't remember having them, as I'd had them at the very beginning. This USB key was lying around in a drawer, as I imagine a lot of people have Smiley

I remembered that I had a Bitcoin wallet not long ago and I tried to find my USB key, without success.

This story makes me sad, because if I'd known, I'd have been more careful!

Moral: be careful with your stuff, even if it's old :p

my btc adress : 1DwrViet9tqH9QAYmZ6boLWYivL9Tnrj7
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March 11, 2024, 03:18:21 PM
 #2

If you never had a backup to the recovery keys to your wallet bitcoin, you may lose them completely, if you're using a hardware wallet and lost the device or it got damage, that also is another risk, i wont blame some of the early investors like you since then, because no one ever expect bitcoin to have achieved this far, still yet, some people are very good at keeping things, even if they never realized the value, they are just good at making archive, as them about something of 20+ years and they will bring it out for you, we should also take good care of our private keys, they are the access to the financial asset we possess, remember not your keys, not your coins.
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March 11, 2024, 03:22:40 PM
 #3

I remembered that I had a Bitcoin wallet not long ago and I tried to find my USB key, without success.

Where have you been living all this while that you just remembered you've 100 Bitcoin... In a cave?
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March 11, 2024, 03:25:14 PM
 #4

This is really tragic, it's a lot of money. Such an amount means that the owner of these coins will never have to work again.

A lot of attention and care are always necessary when a person decides to do self-custody, have backups of passwords and seeds in different hidden locations, preferably also informing trusted loved ones about this.

.
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March 11, 2024, 04:35:13 PM
 #5

I think it's impossible to tell you to not feel bad about it, because we are talking about 7,000,000$ dollars. Anyway, you aren't the only one to face this harsh situation. There are some stories on the internet of another early investors who have also lost access to their wallets which were replenished of Bitcoins.

My doubt is, why some early investors were so careless over their coins back then? Didn't they believe Bitcoin have potential to become valuable like we see nowadays? Weren't they faithful adopters who were holding thinking on long term gains? What was their purpose by accumulating Bitcoin if it wasn't to store and keep it safely, then?

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March 11, 2024, 08:36:08 PM
 #6

I remembered that I had a Bitcoin wallet not long ago and I tried to find my USB key, without success.

Where have you been living all this while that you just remembered you've 100 Bitcoin... In a cave?
A good question to ask here. I wonder where he has been and just remembered that he had 100 BTC is a USB. But his profile said a BTC trader since 2010. So, this means he must have had an idea how to save his bitcoin since 2010, so what really happened and why remembering it recently. Maybe because the bitcoin price surged?

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March 11, 2024, 08:54:42 PM
 #7

One day, a few years ago now, I had ~100 bitcoins on Old Usb Key.

<snip>

Moral: be careful with your stuff, even if it's old :p

One of the many bad stories about lost Bitcoins. There was once a thread here where exactly such stories were collected and an attempt was made to crystallize how many Bitcoins were "lost" as a result. Nevertheless, I hope that your long history in the crypto scene has allowed you to benefit from the constant bull run anyway and that the 100 Bitcoins were not your only ones.
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March 11, 2024, 09:51:30 PM
 #8

This story is common where holders or bitcoin owners lose their bitcoin just because they lose access to it or they forget about it. It's a common story, and many stories like that exist. It's because when bitcoin has only a low value, it is being ignored by anyone, and yeah, they have bitcoins a lot but eventually forget about them, and suddenly, when the bitcoin price has a high value, they will suddenly remember that they have holdings or they own bitcoin, but mostly too late as they may forget their keys or throw the harddrive or USB that contains their wallet with their bitcoin in it. Thats what you called, regret will always be in the end. If at  first you gave meaning and care to your assets, then maybe now you are a millionaire, but yeah, all things happen for a reason. Maybe millions are not meant for you, or you just get unlucky.

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March 11, 2024, 10:09:20 PM
 #9

You are a bitcoin trader since 2010 as per your personal text - but ignoring the rapidly increasing value of bitcoin over time, what kind of story is this? Really - I'm not sure what you're telling me, your bitcoins were worth 2 million dollars in December 2017 but you put them in a drawer with no wallet backup or any kind of extra security.

Of course - mistakes like this can happen, but probably won't happen once bitcoin has a value of more than $100 every coin. Everyone realizes the value of their stored bitcoin after that - unless your 100 bitcoin are only worth $1.
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March 11, 2024, 10:36:55 PM
 #10

There is one thing people keeps saying about there keys or about the amount they had hold before whatever thing that happened, do you think if you were with your key till date would you still hold or could have sold by now?
Definitely there wouldn't be any bitcoin around you because since bitcoin always attracts new ATH you could have been tempted to sell making you to lose your bitcoin since the origin till date and even as that there were people who invested when bitcoin was nothing and immediately they made 5x they sold still this same people come here to cry about their impatient to hold bitcoin till date without knowing they can't hold.


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March 11, 2024, 10:37:28 PM
 #11

Hello Smiley

One day, a few years ago now, I had ~100 bitcoins on Old Usb Key.

I didn't remember having them, as I'd had them at the very beginning. This USB key was lying around in a drawer, as I imagine a lot of people have Smiley

I remembered that I had a Bitcoin wallet not long ago and I tried to find my USB key, without success.

This story makes me sad, because if I'd known, I'd have been more careful!

Moral: be careful with your stuff, even if it's old :p

It's so unreal to actually forget having 100 bitcoins, I bet anyone that bought so early should have sold off more than 3 years ago, there are actually very few persons still holding bitcoin that I vest at the very beginning or earlier.

What about your recovery seed phase ? I bet you must have been careless about it or didn't ever take bitcoin serious and now you are surely in regrets that is if your story is true.

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March 11, 2024, 10:46:41 PM
 #12

You are a bitcoin trader since 2010 as per your personal text - but ignoring the rapidly increasing value of bitcoin over time, what kind of story is this? Really - I'm not sure what you're telling me, your bitcoins were worth 2 million dollars in December 2017 but you put them in a drawer with no wallet backup or any kind of extra security.

Of course - mistakes like this can happen, but probably won't happen once bitcoin has a value of more than $100 every coin. Everyone realizes the value of their stored bitcoin after that - unless your 100 bitcoin are only worth $1.

I have also thought of this as well making me to feel like it's a superstitious story or do we say that at such time he hasn't known anything about wallet security or what?
What happened is that at the earlier stage people sees bitcoin as nothing and immediately bitcoin began to gain attention everyone bounces back to search their wallet to know where they kept their bitcoin and some of them misplaced them those who managed to have back their bitcoin sold immediately bitcoin crosses the price of $1,000 at then they were thinking they could be the higher bitcoin will go without knowing that price will change in future.

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March 12, 2024, 05:22:29 AM
 #13

In 2009, when bitcoin was launched, I created an account on the website. With the new account I received 5 bitcoins for free and I received a security key ... after so many years and the replacement of several PCs, at that time the storage was done on diskettes, of course I lost everything, I no longer have any information about . ..
Can anything be done for their recovery?
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March 12, 2024, 05:28:19 AM
 #14

Moral: OP now stores absolutely everything and doesn’t throw trash out of the house. Just in case. Grin Grin
OP, you were asked a good question: if you are a trader, did you know about the price of Bitcoin all this time? The amount of 100 bitcoins is worth remembering, isn’t it?
History is a fiction that each of us can create as a lament for missed opportunities.
But there is a difference: someone cries, and someone acts.

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March 12, 2024, 06:48:26 AM
 #15

Sad to hear this OP but no one knows that btc will gives such profit and will surges above 70k. As far I remember,I have also worked on free faucet in 2013-2014 but I haven't saved phrase or password. I totally forgot that how much Satoshis I made that time as I was totally new to internet ans even didn't know about Gmail. Im short I lost btc also there but the reason is only one that I was not aware of btc value.

Now I have written all my phrases in the hardcopy and I am thinking to make copy of it so im case of losing one I have one. I don't want to store in Google drive or any cloud storage as I have lost once almost 1k$ there and hacker have now access to all my old wallet.

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March 12, 2024, 06:59:22 AM
 #16

OP, I don't understand the point of your forum thread. Do you want to just complain? It's all gone. What's the point of complaining? We've heard many horror stories about BTC being lost forever or stolen. Your story doesn't add anything new. I'm sorry for your loss, but we can't do anything to bring back those 100 BTC. You didn't mention when did you lose the USB key. I thought that you've lost 100 BTC today, based on your thread title.
Can you provide any valid evidence that you really had a USB with 100 Bitcoins? Any noob can make a forum post about having lost 100 or 1000 BTC years ago. Some noobs even make such posts to get merit, which is kinda pathetic.

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March 12, 2024, 07:40:09 AM
 #17

This a very sad story to remember. It is more painful when you recall that it was all your fault that you lost the coins. But from your post, it seems you have overcome the loss and moved on. May early Bitcoiners also suffered the same fate because of carelessness or lack of faith in Bitcoin. Many of them never thought that the price of Bitcoin would increase to this extent. But I am surprised that you never remembered that you had such a treasure carelessly kept in a drawer. I don't care if the story is true or false I am just interested in learning from your mistake which is never to take anything for granted no matter how irrelevant it might look. Satoshi once said that lost Bitcoin is a donation to the Bitcoin community, therefore thanks for the kind gesture  Cheesy.
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March 12, 2024, 07:48:34 AM
 #18

It’s insane to think how many people have gone through the same as you. What really makes wonder is how could someone invest some money in to something and forget it? Is it really possible? How much was bitcoin when you first bought it? I would assume it’s still pretty cheap as you did not really had put so much thought and care into it.

It’s a shame and I would probably not be able to move on from this considering the rate of inflation in my country. Some sympathy for you, mate!

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March 12, 2024, 07:58:26 AM
 #19

Hello Smiley

One day, a few years ago now, I had ~100 bitcoins on Old Usb Key.

I didn't remember having them, as I'd had them at the very beginning. This USB key was lying around in a drawer, as I imagine a lot of people have Smiley

I remembered that I had a Bitcoin wallet not long ago and I tried to find my USB key, without success.

This story makes me sad, because if I'd known, I'd have been more careful!

Moral: be careful with your stuff, even if it's old :p
I hope that the experience you share can be a valuable lesson for anyone here who still doesn't understand the importance of looking after their bitcoin wallet. Or a crypto wallet. And yes, I'm sorry to hear stories like this, which I encountered quite a lot when I first started studying BTC. so I always keep my wallet mnemonic phrase in two different places. So that if I forget one then I still have the other one. I have both digital and physical copies to secure my crypto wallet.

And actually there are quite a lot of people who experience similar things about this if we collect them. Because no one would have guessed that bitcoin would become as valuable as it is now.

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March 12, 2024, 07:58:31 AM
 #20

Hello Smiley

One day, a few years ago now, I had ~100 bitcoins on Old Usb Key.

I didn't remember having them, as I'd had them at the very beginning. This USB key was lying around in a drawer, as I imagine a lot of people have Smiley

I remembered that I had a Bitcoin wallet not long ago and I tried to find my USB key, without success.

This story makes me sad, because if I'd known, I'd have been more careful!

Moral: be careful with your stuff, even if it's old :p
My question is... Don't you have an access to a device where you monitors this your Bitcoin assets because I believe the USB was a device only where you could store your document details such as your seed phrases and not a virtual device that displaces the views of your assets market.
Don't you have your seed phrases on a multiple storage either different online devices, sites or even on a hardware storage such a ls writing it down in some pieces of papers or a diary?
Oh my goodness. I do not know when you started accumulating these Bitcoins til you accumulated the sum of 100BTC but what I know is that interestingly, the value of Bitcoin at precious season or even to say just the past months can not be compared to the value of Bitcoin of today.
This really feels like being exploded. For goodness sake it is unbearable to see how high Bitcoin is going this time in the market price rate while considering the Possibilities to lost a whole 100BTC.
Sorry mate. We really and always have to be careful when handling valuables and not just Bitcoin because if you hand other necessary values in a careless manners it could become something usual that somedays, you could go careless with some valuables such as this mate who just lost the sum of 100BTC. Let's stay guided and careful.

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