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Author Topic: Day i have lost my 100 bitcoins  (Read 922 times)
FinePoine0
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March 13, 2024, 08:40:06 AM
 #41

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

Don't neglect anything, a little valuable asset in the present can be a mountain in the future. For example, the biggest loss you have faced at present is due to careless keeping of Bitcoin wallet keys. However, especially if you had written the keys down in a paper or diary and kept them in a safe place, you could have recovered this precious resource at this time. Since you destroyed it, it can never be recovered.

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March 13, 2024, 12:41:48 PM
 #42

No offense, but why is it that every time bitcoin price increases or during bull season, stories of losing bitcoins or missing out on bitcoins increase day by day? This is really strange and even if it were true, would our whining and sadness bring them back to us? For me, the past is the past and let's focus on the present because we have no way to get back what we lost in the past.

Have you started your bitcoin accumulation journey now? Or are you still sitting there lamenting the bitcoins you lost in the past due to your mistakes? If you still don't take action, your future will never get better.

The past is the past but some past hurts more than ever, they will always be a part of you, I don't want to know how strong you are, just pray that something very bad doesn't happen to you, I know this is investment field but past isn't just past.

Past are different types, some are magnets, they stay in us like they are part of the bone in the body, and the past is part of the reasons that will reshape the future, what do you think will happen to those who will survive the Ukraine and Russia war? You think they can move on losing all their families?

This is a part to my point that not all past are just mere past, some will become a glue like and the future decisions will be impacted by those past, mistakes are mistakes, we move on, but they could happen again if we don't learn from it.

It's also the same with forgiving, if you forgive and move on, you will find yourself in the same similar mess again, but if you forgive and never forget, you will keep evading any similar incident that's gearing up to happen again.
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March 13, 2024, 04:58:52 PM
 #43

This is a real tragedy. According to some sudies and stimes, about 20% of BTC are lost forever due to forgotten wallets, forgotten passwords, lose access to hardware wallets or paper wallets containing their Bitcoin private keys, failures of hardware devices or storage media containing Bitcoin private keys, Bitcoin sent to addresses with no known private keys or to non-standard addresses. So, there are many ways to lose BTC. One should always take all possible measures to prevent these issues. However, if you handle a lot of money, the fear of losing it is always there, I think.
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March 13, 2024, 05:19:08 PM
 #44

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 is better to be cautious in any activity in life. You may not have been so careful at the time when the price of Bitcoin was so low that you were not so careful and carelessly put the seed phrase in your wallet. If you had kept your wallet seed phrase carefully, you would not have lost your bitcoins. Now at this price your 100 bitcoins = $7288100 which is unimaginable to people like us. But as the price of Bitcoin rises, so will your misery. From here every human being should be careful that before doing anything we should be careful if we can act carefully then later such mistakes may not happen. If you had not lost this amount of bitcoins, you would have lived happily ever after.

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March 14, 2024, 05:50:26 AM
 #45

Did you, OP, tell anyone before your USB disappeared that you had 100 bitcoins? Perhaps someone managed to steal it after obtaining this information from you, and regardless of what happened to the old USB, losing it is a big lesson for you. Still, it does not make you sad; rather, it makes you cautious about protecting your seedphrases and not storing them on a USB alone if the USB malfunctions or is stolen...Etc. You will lose access to your assets forever.

This lesson also teaches you that wealth is created through Bitcoin. If you were not lucky the last time you lost your USB, you will be lucky in the coming times and opportunities. If you are not able to accumulate 100 BTC now due to the high price of Bitcoin, then even the amount that you do not feel its value now will have huge value in the future. Never lose hope and only take away positive lessons from these stories.

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March 14, 2024, 12:54:00 PM
 #46

OP you are Bitcoin Trader Since 2010, right? Which in my point of view you should have a good knowledge about the crypto space. Your one wrong step can clean wash out your whole wallet well in your case you have stored 100 Bitcoin in the Old USB that may compromised somehow by hackers or by someone. In the space of Crypto dear privacy and security are the first priorities if you neglect them you may have to face the bad troubles just you are facing after losing a fair amount of Bitcoin.

Other Than that once you have lost something in the crypto world means you have done with it but you have really lost a big amount which is seriously a bad thing dear keep in mind from the next time that you have to keep secure your assets in crypto world just you have to stay up to date from the updated techniques hackers use to scam the holding funds.


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March 14, 2024, 03:30:06 PM
 #47

This is the double-edged sword of self-custody. The freedom to be your own bank comes with the immense responsibility of safeguarding your financial lifeline. It's a constant dance between accessibility and security. A hardware wallet tucked away too securely becomes a forgotten fortune. A digital copy stored on a single device becomes a target for hackers.

The key, as always, lies in balance. Multiple backups, a combination of digital and physical, spread across secure locations become your failsafe. Treat your recovery keys with the reverence they deserve, for they are the gateway to your digital wealth. Remember, in the world of Bitcoin, losing your keys is akin to losing your gold – a permanent farewell to your precious assets.

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doomloop
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March 14, 2024, 04:16:42 PM
 #48

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!
The way you say "a few years ago" it sounds like it wasn't a decade ago and if that is the case, your Bitcoin must had some value even then if, as you said, you have 100 Bitcoins, so even if one Bitcoin was worth $1k, you had $100k lying around and you just kept it in a drawer instead of trying to sell them or transfer them to an exchange platform so that you can sell them later on. That sounds very careless and one shouldn't be like that with their financial holdings.

This is the reason why people without much knowledge and awareness about such things shouldn't get involved if they are investing money what's the point if you can't manage your wallet or keep your assets safe? They will either be lost or stolen in no time if you don't know how to keep them secure.

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March 14, 2024, 04:16:59 PM
 #49

Did you, OP, tell anyone before your USB disappeared that you had 100 bitcoins? Perhaps someone managed to steal it after obtaining this information from you, and regardless of what happened to the old USB, losing it is a big lesson for you. Still, it does not make you sad; rather, it makes you cautious about protecting your seedphrases and not storing them on a USB alone if the USB malfunctions or is stolen...Etc. You will lose access to your assets forever.

This lesson also teaches you that wealth is created through Bitcoin. If you were not lucky the last time you lost your USB, you will be lucky in the coming times and opportunities. If you are not able to accumulate 100 BTC now due to the high price of Bitcoin, then even the amount that you do not feel its value now will have huge value in the future. Never lose hope and only take away positive lessons from these stories.

If this story is true, then this is truly a terrible thing that he has had to endure for so many years. How can you say he won't be sad? We're not in OP's situation so we can't know, it is such a huge loss that no words can describe it. At current prices, that 100BTC is worth 7 million USD, who among us can earn that amount? A lesson so valuable that we will never be able to earn that money back in our lives. I see this as more of a warning than a lesson for all bitcoin investors to be extremely careful in storing their bitcoins.

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March 14, 2024, 04:29:59 PM
 #50

That's a lot of money that you lost. Having that be put in a USB and lost it just makes it even worse. You shouldn't be forgetting how you created your wallet because it's going to be your savior. Maybe you have written it or something.

I remember the story about the dude trying to find his old hard drive in a garbage dump or something.

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March 14, 2024, 04:42:07 PM
 #51

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
Bitcoin wallet keys should be kept very carefully by you. The things you neglect are the ones you need more. You may not be able to recover it. After that private keys are used to gain access to bitcoin addresses and sign transactions, which must be kept secure. Using services like bitcoin paper wallet can create a paper wallet with less risk of loss if written in the diary.

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March 16, 2024, 05:35:22 PM
 #52

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

If thats true you must be a trilonare right now. I also have same experience woth you. I store million of IOTA coin in laptop and sometime become a node. Also I have some POS Maternode coin in my laptop. Someday my laptop got heat and some part need to replace, but after replaced i got blue screen.

In that timeline MIOTA and my other coin still have low value, and the most problem is coin development seems struggle, and no progress. so I install my laptop to new system without backup it, because i dont think coins will grow in the future.

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salad daging
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March 16, 2024, 05:45:00 PM
 #53

100 Bitcoins stored on an old USB means you bought around 2013, right? Shocked

Don't know if this story is made up or valid if this is the case then sadly, if only that old USB had met you a millionaire friend now.
Still what is lost will not be easy to find again until whenever because you have ignored security first, maybe bitcoin was worthless but now it is an important asset in your life.

I keep the item safe, because I know there are assets there and no one knows to keep it.
I am quite careful with items that have bitcoin, will remain guarded and paid attention to.

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March 16, 2024, 06:52:30 PM
 #54

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
Op If you don't have a backup of your recovery key or lost your wallet USB it's an unbelievable loss. if someone is using a hardware wallet and loses the device which stores the hardware wallet then it's also dangerous. The value of 100btc is very loud and you didn't have now collect 100btc because the price of btc is approx 70k$ plus. I don't blame you for losing your money becaassoas on as nobody believes Bitcoin would go to 73k$ bume people care about your key and wallet. We should take care of private keys because not your key, not your wallet you only reach the asset when you have backup keys. We should learn lession from the past mistakes and avoid in future take care of private keys and wallets.

.
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March 16, 2024, 07:15:21 PM
 #55

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

100 Bitcoin, that's $6.8M Bitcoin we are talking about here. If I'm in your shoe and Bitcoin experience a bull run, I wouldn't be able to eat because that's a life changing money right there. However, looking at how Bitcoin has had its up and down, don't you think you might sell some or sold during the last bullrun, just saying.

I think situation made you not take the USB so serious, if it was a hardware wallet you bought for like $50 in 2010, you would have handle it with proper care and not put it anywhere but a USB key should be less than a dollar in 2010. More lesson for people who are just coming to buy Bitcoin now at this price, in 14 years from now, these post will be use as reference how people some people has loss access to their Bitcoin.

I also think that if you have use Bitcoin core with some private keys back then and properly backup, it might have save you when you loss the USB key but I still don't blame you because this was when Bitcoin hasn't get much attention.

.
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letteredhub
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My privacy, my right.


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March 16, 2024, 07:32:00 PM
 #56

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
Wuen things don't have a worth we don't seem to give much meticulous care about them simply because their value isn't at the time worth the care it need given, and this was the case with bitcoin many years ago that a lot of people had to lose their funds invested in bitcoin because they can't recall when or where they last saw or kept their hard wallet or stored their wallet seed phrase. I think the moral lesson here should be, "when  something is said to be a promising asset in the future put in effort to safe keep it as you don't know what the future value of such asset can be". Look at all those that had their wallet's intact till today, they are now the whales we are referring too on each bitcoin market discussion.
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March 16, 2024, 08:56:41 PM
 #57

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.
It's possible that my friend because he was early acquainted with bitcoin so he had a lot at that time the price of bitcoin was still cheap and worthless, 3 years ago maybe he remembers it's just not found until now the USB or he just expressed now on the forum about losing 100 bitcoin.

If OP saved bitcoins from 2010 isn't the first wallet bitcoin core which has no seed phrase and only .dat file and password needed?

He probably thought bitcoin would not go up like it is now so he was careless to keep the USB anywhere in a random place, people like him are always there because of the negligence of worthless items in the past.

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March 16, 2024, 09:35:10 PM
 #58

What type of investor will buy a whole 100 bitcoin and forget about it just like that, I don't think this is a rela story, because even though you bought the bitcoin when the price was a few cent, I still will be important for you since at that point what attract most investment is the beauty of the technology.

And in few months to year from the early days, bitcoin began to gain some massive traction which caught the attention of many that should be forgotten just like that, between you have t9 remember something if you really hard those bitcoin way back.
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March 16, 2024, 09:42:46 PM
 #59

Everyone always learns a moral from their carelessness, greed, and other things that can cause them to regret their actions. Since you said that you don't remember having Bitcoin in that wallet, you would have at least kept the key to the USB safe, knowing fully well that it could be important one day. So many people have usually come up with this kind of story, like how they forgot they had Bitcoin on a centralized exchange for a long period of time or how they sold their 100th Bitcoin when the price was still very low. Some stories are not true, but even if they are fictional, some of us who are careless about our important properties should be careful to keep safe their documents and every bit of information they might find in useful the future. 

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March 16, 2024, 09:55:31 PM
 #60

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

Buddy, it sounds so strange how can you ignore such a big amount for a very long time just like it is a piece of cake. I have checked the date of registration of your account and you have written text that "BTC TRADER SINCE 2010" which shows that you should have a good amount of knowledge about it. Now who knows where is your amount now maybe it is compromised due to old technology or some other reason. Your one mistake and you have done with your total amount.

Now there is no way you can access your amount back it is crypto space and in this world, we have to stay up to date about our holding assets. Technology has updated a lot which can provide a way good security to your holding assets but there is always a threat in the holder's mind that is their amount is safe or not because hackers are also updating their scamming techniques with the passage of time looking at the recent technology. But I feel bad about your loss. From the next time stay safe and up to date never consider your holding a piece of cake because your holdings are worth it for you. Thanks!

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