In this video we talk about someone who threw out a hard drive that contained a bitcoin wallet worth over 280 million dollars. This is a huge blow for him. Bitcoin is a popular cryptocurrency that has changed the world in recent years and many believe it is the next big thing. Bitcoin is also known by its ticker BTC.
Crypto Currency has only recently in the past two-three years been added to brokerages like robinhood. Cryptocurrency could possibly be the future of world trade but it is yet to be seen. The second most popular crypto is ethereum.
#shorts #bitcoin #cryptocurrency
41 Comments
Due to βenvironmental reasonsβ
More Bitcoin have been thrown away by shitty trades
He was stupid/unlucky to throw it away, but it was in 2013, he had plenty of time to buy more, still at an extremely cheap price. I'd regret not buying again in 2014 more than losing the hard drive
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Glad I never did that I had a room for all of my crypto and investments
Im sure some african kid dismantled that hard drive long time ago
He should have created a simple mnemonic phrase of 12 or 24 words using Ian Colemanβs BIP39 Tool Offline so that he can actually have a copy of his wallet written on paper
Not as bad as the pizza guy story who would have a value of $360 some million dollars worth of Bitcoin after spending 10,000 Bitcoin on two pizzas, at least you got two pizzas unlike this guy π€
I think you can look this up but the guy has offered 72 million dollars to the city to allow him and others to dig for his hard drive
Question… that bitcoin in inaccessible so it belongs to the network… what does that mean for the crypto economy … if only 21 million bitcoin will be mined… would you have to take this into account… and would lost money make the network stronger… idk how to ask what im trying to ask but i hope you get it
Right, just like the idiot that forgot his password
They probably gonna search it themselves ππππ
Ok but it canβt be worse than the guy who forgot his password thoπ
Wow! I would be devestated!
We will never know how true this is. Also wont there be other computers around the world that would have this account on it? Crypto works by hundreds of crypto computers around the world containing info?
No worries, bitcoin will be soon worthless anyways.
Aint no way some one would throw it away
Fake news
Newport ainβt a city
technicaly reduced the supply
Liar
they tryna find that hard drive they self π€£
Man I couldnβt live with that
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Man if I had these bitcoins Iβd sell 1/4 of em and invested the 70 million in stocks..
I would offer to give the city 50% of that money if they would help me
Every time this happens, the value of the loss is, by definition, proportionally spread to all other bitcoin holders. Nearly 1/4 of the entire supply has been lost in this manner or similar.
The pain
How do you grab a whole ass hardrive and throw it away
Can't he log in from somewhere else?…
I lost 15 bit coin way back in the day when my laptop hard drive some how got corrupt and couldn't take anything out of it. I don't feel as bad when I head of this.
Iβd be sick
Damn the city Fiennesed it
I would give the city 100% of the money if they would help me.
No one is going to find it no one will ever find that
I would prob cry no lie lol
The city said no so they could go find the money for them selves
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If I were him, I'd crawl into a noose.
280 million my God I'd be pissed!
The council went and found that shit π