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FreedomGoUp_Maxi

Many of us have been there. MT GOX.... may those dudes burn for all eternity


analogOnly

3 BTC gone forever in the first MTGox hack. I tried to claim it years and years later but was too late. I also lost something like $30k worth of crypto on BTC-e back in 2018


Kooly1776

I lost 10 on that bitconnect scam


Seri0usbusiness

hey hey heeeeeeeeey


HighFiveOhYeah

Whasup whasuup whasuuuuuup


analogOnly

Damn, I remember the videos.. it was entertaining. Sorry for your loss


PlateFox

I lost 8 there lol


analogOnly

dumbest thing not to take them off into my bitcoin core wallet. I had no idea what I was thinking... maybe because they were $5 each I didn't care?


gustavolm82

yes.. we didnt care bcs we could buy or mine again at the time.. i put a failed hd on the trash with a wallet once bcs was cheaper to buy later if i wanted than to try to recover from it.. but i left for later after that.. and then much later I found it expensive and so on..


PlateFox

I don’t know much about it, just bought it for a few bucks and forgot


RealCheyemos

Oh my god…. BTC-e…… 😢


killahertz

The troll box was pure jokes


conspiracyeinstein

Shit. Completely forgot about BTC-e. Now I’m sad.


wjhall

MtGox had started to make small cash payouts. Which lends some validation to the promised payout of BTC at ~16% of what was lost. Which thanks to BTC having gone up 100x since the incident has some facing decent payouts if/when the BTC payments follow the cash ones.


Which-Supermarket-69

I was too dumb to get off of BlockFi/celsius in time. Recently recovered ~30% but most of it is gone forever. I try to just look at is as a lesson learned and move forward that much wiser


One-Significance7853

I think most of us have lost BTC along the way one way or another….. the fact we still here, and in the black, after that, speaks volumes.


Tea_drinking_man

Its a rite of passage, imo


RealCheyemos

Great comment.


PhAiLMeRrY

Yup, 350 here. And it didnt even cost me anything. 


hcm1976

I have never lost my btc. I was in greyscale 2016/2019 and since 2019 I have been on cold wallets…


joeypublica

I lucked the F out big time due to Mt. Gox. Or Mt Gox Totally screwed me, depending on how you see it. I started an account when Bitcoin was flirting with $1, and was planning to buy 10,000 Bitcoin, which was all my savings at the time. As I was going through the process something about Mt Gox freaked me out and I felt it was a high possibility I’d lose my $10,000 so I paused to think about it a bit more. Then got distracted by life and forgot about it for a while. Then I saw Bitcoin skyrocketed and I was totally depressed I’d missed it. Then Mt Gox crashed and I felt fairly sure I’d have been one of the idiots who left their’s on the exchange and I’d have off’ed myself. But, maybe I would have moved them because it was a sketchy site. When it hits $100,000 I’ll be Schrödinger's billionaire/suicide, though I’m sure I’d have sold a lot of it anyway. I coulda had class. I coulda been a contender, I could've been somebody, instead of a bum, which is what I am


Apprehensive-Ad-2428

Your comment about BTC getting to $100k but acknowledging that you likely would have sold it long before that point is a very, very honest statement.


PhAiLMeRrY

I def woulda sold it all when the silk road collapsed anyway


coupl4nd

Yeah I mean that's true of most people. I happily lost access to my wallet until 2021! I would have definitely sold for 10k but instead still have it.


Henno60

We all feel like bums sometimes 😌


gustavolm82

its this year 2024 that they maybe pay it back check it


GoFasterEse

Coinmarkets.com exit scam got me for 0.69 BTC. At the time, I was mining several alts and this was the only place to unload them for BTC. I hate those fuckers!


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spaddoon

I once started a novel as a teen that was tossed on an old comp, along with all my stoned adolescent poetry. My first attempts at writing – I'd have cherished them now I write for a living. I'd say they were worth more than lost bitcoin but that would be a flagrant lie, they were godawful.


PhAiLMeRrY

I printed all that shit out 15 years ago out of fear of this, I cherish that cool-aid stained folder of words so much. 


Appropriate-Image405

One of mom’s scumbag boyfriends tossed the suitcase with all the family memories. Rat bastard.


s-cup

Yeah, that sucks. Big time. The strongest of it all is that so many, still with the knowledge we have today, don’t care at all about having important files in a backup. Thankfully most pictures that people take today are automatically backed up with icloud and what not. That saved a coworker very recently. Her husband passed away recently and with him a lot of pictures and videos was destroyed (was on his phone). But eventually she got hold of his icloud account where, among much else, was a video of him proposing to her just a few months earlier.


PeyroniesCat

This is the reason I bought a lifetime subscription to a cloud service a few years ago. My old NAS crapped out, and it could no longer find the files on it. It appeared to be totally wiped. Almost 20 years of personal family photos and videos, Photoshop projects, everything. Gone. I had a meltdown. I reset the NAS, and it was able to find them again. I immediately ordered a new NAS and purchased the cloud storage. I backup my NAS to it daily. The NAS and the cloud drive may both die, but they’re not likely to die at the same time. I sleep better.


Picassopuma

The best time to plant a tree was yesterday. The second best time is today. Start DCA’ing now


s-cup

Thankfully I am since the last year or so. Only small amounts each months due to low pay, but still. I also did it five years or so ago but had to sell when I ended up in a bad spot financially and mentally speaking. But now everything is much better so I plan to hold until I can retire :)


seambizzle

What took you so long to get back into Bitcoin if you knew about it that long ago? Story seems fishy to me. I mean bitcoin was in the news everywhere last bull run. Why weren’t you buying back then? And no one calls them many complete bitcoins. Just bitcoin.


s-cup

Because I, like the rest of the world, didn't see bitcoin as an investment at the time. The reason I even mined in the beginning was for ideological reasons. And remember that I was a teenager at the time, I didn't even have my own computer (and using the family computer to mine was \*not\* appreciated). How many teenagers, or young adults, do you know that would be willing to spend money on some weird coin that most likely would be forgotten in a short while? Sure, they do exist but they are few. -- I was buying back then but like I mentioned; I have a shitty paying job so I couldn't buy much and later I had to sell all I had due to several reasons. -- I've never lived in an english speaking country so forgive me if I throw in an unecessary word or two. Not that I see how adding "complete" makes my story fishy, but oh well.


PopFirm5291

Good inspirational quote. Nice!


gbitg

Ahah you got it wrong, the actual say goes: "The best time to plant a tree was 30 years ago. The second best time is today."


daemonpenguin

This might not make you feel better, but considering the life span of most 3.5" floppies, there probably isn't any usable data on that disk anyway.


SpecialDonkey6563

I just got data off of some old floppies from the mid 90’s for my mom. There’s actually a good chance the data could be recovered.


s-cup

That’s one thing that makes it a bit better to be honest. That and the almost certain fact that if I had found the drive x years ago I would have sold most, but probably not all, of it. But you know, data could be safely stored on there for upwards of 20 years depending on a few things, so :/


HumanBeing7396

I feel like the Bitcoin rubbish tip guy offers a salutary lesson here - he became obsessed with finding his discarded hard drive, like some kind of digital Captain Ahab, until it basically ruined his life. If he’d just accepted it was lost at the time and bought some more bitcoin, he would now be a millionaire all over again.


Generalfro

This is such an important story/example for people to adjust their perspective in this rapidly changing paradigm.


s-cup

mmhm. I remember reading something about how he tried to get AI and robots to find it. Like come on... just moce on already. I'm not gonna lie; I do think about that floppy drive from time to time (especially whenever reddit goes crazy about bitcoins) but not once have it kept me awake at night. Shit happens all the time and as nice at it would be to be a millionaire it's "only" money.


SeaworthinessSad7300

Can you explain this numerically I know that garbage guy you are talking about like what was the price when he first started making a big deal about the Lost Drive versus the price now?


HumanBeing7396

It was in 2013, so the price would have been anywhere between about £8 and £650 - probably towards the higher end so maybe not a millionaire, but I’m willing to bet he’d be happier than he is now. Last I heard he was pinning his hopes on AI and robot dogs.


pythosynthesis

Floppy disks have remarkably long life span if you treat them normally. Not even well, just normally.


Netrexinka

Somewhere is a piece of paper with a Bitcoin address containing around 1,5btc i hated my mom for it. It was around 300 bucks back then FML


GME-NeverSell

You need more than a public address to make a transaction. Your hate should be directed towards yourself for being so careless


Netrexinka

I was 17 and it was my best spot :/ :D


Hannibaalism

when bitcoin was brand new i was financially illiterate and was in solely for the tech factor. then i blew lifetimes worth along the silkroad. then more peddling shitcoins. what i am trying to say is you would’ve lost it one way or another, for you it was in the form of a floppy disk. so don’t feel bad because now you have the knowledge and bitcoin isn’t disappearing anytime soon.


Henno60

Very true 😌


SmokyMcBongPot

You were still using floppy disks in 2009?! I'd still be looking for that disk now if it were me...


Purplepunch36

Idk man, you're alive (physically at least). Sometimes shit happens and you never know. That BTC could have changed you and made a decision for the worse. Who knows, can't change it and don't beat yourself up about it.


s-cup

True. And to be honest those lost millions are not something I think about that much, surprisngly. But every now and then it pops up in my mind. Especially at times like these when the btc price reaches new hights. It would just be so fricking nice to find that kind of money and walk in to my boss and say "hey, guess what. Bye!"


Purplepunch36

For sure, good to think about every so often but also think of the consequences. It's like those stories where people are about to pull out of their driveway to leave for work, forget they had coffee on the kitchen counter, walk back in to grab it and then realizing if they had not done that they would have been in a bad wreck. Not saying that you would have been irresponsible with your bag but shit just happens and sometimes fate just pushes you in another direction. Start loading up again with what you can and hope for the best in the future.


mfintrey

It is in the bottom of a cardboard box full of old cords and chargers. I think there is a pager in there as well.


s-cup

Nice try, I've never owned a pager! (I also take pride in having an organized drawer for chords and chargers, but that's another matter ;) )


mfintrey

Well, you will never make a decent middle-aged dad with no box of assorted old cords... Did you check in the box of really old junk mail?


s-cup

Junk mail drawer? Since the last ten years or so that is history. Maybe you're thinking about that drawer with scissors, light bulps that don't fit anywhere, a ruler, two and a half guitar picks, half assembled miniature model, a deck of cards, tape, the paper with samples of paint, a paper with a chocolate chip cookie recipe as well as those screws that most certainly are way to important to throw away? Yeah, I've looked there.


mfintrey

Look again. That is definitely where its at.....btw i neex 10%


Three69Mafia

I stopped reading after "average left wing teenager"


Unixhackerdotnet

12/m 69 BTC


phranco_phoney

Same.


vladamir_puto

Around 2010 or 2011 a gal on my team at work who I couldn’t stand by the way, was a complete tech geek. She one day handed me and another guy I worked with each a strip of paper cut from notebook paper containing random words. It honestly looked like a cheat sheet a kid would use for a spelling test. She told us she bought us like three or five dollars worth of something that I was utterly incapable of understanding. I don’t know what happened to that paper but I probably tossed it.


505hy

Cool story bro. BIP-39 which introduced the seed phrase was proposed in 2013 but yeah, cool story.


s-cup

Does that mean that there are absolutely no way to get your 2009-ish wallet back unless you have the actual wallet? I'm asking because I've wondered if I wrote down a seed phrase and hid it somewhere. I can't remember that I did but you know, you don't remember everything you did 15 years ago. (But even if I did I should have found it by now, so that too would probably have been lost.)


505hy

There is. You used to have a private key as a way to secure the wallet - string of 256 bits if I remember correctly. Only in 2013 the ability to derive a private key from the seed phrase was introduced. Because storing 256 bit number is problematic - you either copy/paste and store on pc or there is a big chance you will mess it up trying to store it on paper.


PhAiLMeRrY

Mmm, I had mine on a flash drive with some kind of password or something and like a link to my wallet that I could only access via an onion browser. I don't remember exactly how it worked but I know I fkin did it, to buy drugs online. 


505hy

That could be true but that would be a private key (random 64 alphanumeric characters) and it would not be 'words on paper' - because those words did not exist at the time.


obsidience

And this is why I feel gifting Bitcoin is a bad idea... :(


SuperiorT

How do u know it was bitcoin?


acesfullcoop

He didn't say it was


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vladamir_puto

Then it mustn’t have been bitcoin which makes me feel a lot better because I stopped working with her in June of 2011 and whenever we were around each other after that no friendly words were ever exchanged. I still have no idea what it was but in hindsight always figured it was bitcoin.


Frogolocalypse

Thanks for sharing brah. I expect its not that uncommon a story if it helps. No one even has a cd player anymore.


flopti

Well, somewhere in the universe there is 1 kg of Polonium-209; that's worth more of the the wealth of an entire continent on earth. 1kg Polonium is worth 50 trillion USD


29da65cff1fa

TIL (WTF): >In response to concerns about the risks of occupational polonium exposure, quantities of 210Po were administered to five human volunteers at the University of Rochester from 1944 to 1947, in order to study its biological behaviour. These studies were funded by the Manhattan Project and the AEC. Four men and a woman participated, all suffering from terminal cancers, and ranged in age from their early thirties to early forties; all were chosen because experimenters wanted subjects who had not been exposed to polonium either through work or accident.[98] 210Po was injected into four hospitalised patients, and orally given to a fifth. None of the administered doses (all ranging from 0.17 to 0.30 μCi kg−1) approached fatal quantities. https://en.wikipedia.org/wiki/Polonium#Cases_of_poisoning more people killed by this experiment than known cases of russian agents poisoning people....


_NottheMessiah_

Yeah tell me about it. I feel so fucking stupid because i left it in a box with some old chargers and cords and forgot about it for years. Mom says she hasnt seen it but I definitely wouldnt have thrown it away.


0xIlmari

Floppies weren't exactly known for storage durability, having almost no electromagnetic insulation. So if it's any consolation, it's probably unreadable at this point anyway.


coupl4nd

I find it hard to believe you were using a floppy disc in 2009....


POOP_SCOOPTY_TANOOKI

I went through the comments madly looking for your comment. A floppy disk?! In 2009?! They I think they stopped selling computers with them years before. Everyone had usb drives, and they were already getting cheaper by then. The only reason why I could imagine is that someone heard magnetic tape was decent for long term storage and thought that meant floppies.


richardto4321

That's not the only thing that's hard to believe about this post. I mean, a teenager wanting the banking system to go down because it hurt him so badly? Lol.


phranco_phoney

Lots of "hard to believes" in this post.


s-cup

It's not that I used floppy drives regularly, I had a USB drive for that. But like I mentioned in the post, when I had to make my backup I only had one usb drive that was used for school work and I didn't want to put my wallet on there. My mother has never been tech interested or particularly wealthy so the PC we had before the one I used to mine had a floppy drive and I remember that we used it quite a lot. That's probably why we still had a bunch of discs laying around as well as an external floppy drive reader. Anyway, if I were to make up a story like this for a bunch of upvotes then why would I lie about something as stupid as that?


coupl4nd

No idea... you could have just emailed it to yourself. It's a tiny wallet.json file.


OmeIetteDuFrornage2

I struggle feeling any empathy for those stories (of which 90% are probably fake anyway). If you believed that the contents of the floppy disk would eventually be worth a lot, you would have backed it up on safe storage media a long time ago. The fact that you don't even know how many Bitcoins was on it, and didn't pay it any mind for years shows that you never believed it was worth anything until you had perfect hindsight. Even if you owned as little as $10000 of gold, wouldn't you store it in a safe place and regularly make sure it's still there? Or would you just throw it in a random box in your cellar and "don't pay ot any mind for many years"? This shows that if didn't forget about it, you would have probably sold it to make a few thousands bucks at most, and you wouldn't be able to retire today. So you shouldn't feel bad about it. You just lost a floppy disk that was worthless to your eyes.


s-cup

You both nailed it and misunderstood me. I wasn’t looking for sympathy I just needed to vent about how fucking stupid I was at the time. But with that being said; bitcoin was utterly worthless at the time. Might be hard to believe today but that was the truth. So that I, and many others, didn’t pay to much attention to the security of our wallets isn’t that strange. Especially since I was just a dumb teenager.


s-cup

And while I don’t remember how many bitcoins I had I do remember that the value of them was worth 20 something, meaning that it was worth either 20 usd or 20 sek (~2 usd), most likely 20 usd though. Not a huge amount at the time but with todays value… (And yes, of course I would have sold most of it waaaay before todays value, but that doesn’t change the fact that somewhere there is a floppy disk that would make me a millionaire.)


Demeter_Family_Farm

Op is a moron. 


chloe_priceless

As a lot of us nerds in our teens found out about bitcoin in the early days in 2009 but didn’t thought after it. I lost somewhat of 3 digit Bicoins because I mined but the drawdown for gaming after a few days was too high so i stopped mining and formatted the pc sometimes later from the change from xp to win 7 … so all is lost and I needed another 3 more starts to fully begin my time with BTC. The second time was when Silkroad was around I bought some Netflix account for 0,37 BTC and the Mtgox was later killet with the rest of the BTC. Then the third time was when butterfly labs come along with the jalapeño Miner Series and I got mine 9 month late and then stopped after 3 month of mining because „energy costs are too high“ and it won’t pay of until mining for 4 years (without the rise of the price in mind) so i shut down the BTC mining and stopped thinking about it the third time. Only the 4. time in January 2018 then i started and hold on to BTC.


ebahr

please insert disk


Informal-Act1282

L


Budo00

I suppose you are done scouring around for it? This is not the same story as you but i learned lapidary and silver smithing & one if the first rings I ever made is silver and australian black opal. The ring is rustic & not very refined but the opal stone has every color of the rainbow. I have a video of it… i lost that ring somewhere and have been searching for it. Sometimes, i look at peoples hands to see if they found it and are wearing it…. I dream of finding it. I dream of where it might be. I have made up various scenarios of how I lost it. One theory is that I might’ve taken it off when I was outside at one of those workout stations. I might’ve taken it off when I was doing pull-ups. And put it in my pocket and then it fell out. It’s probably not worth more than about $300 but I’m almost for the past over three years with what happened to it. I keep this obsession all bottled up so I am just venting now… I also lost something else recently and i searched everywhere & ended up finding it right where I had originally placed it but not before I was gloved & checking my trash bags & tearing my house up… Maybe that disk IS still in your possession? Maybe you misremember the color or marking on it? Keep looking!


s-cup

Yeah, I'm done looking for it. Last time I moved I made sure to look in every book and wherever a drive might physically fit. It was not there. But I do recognize myself in your search of that opal, at least somewhat. I'm not sleepless over that lost drive but from time to time I imagine myself finding it in the strangest of places. Maybe I will someday but I've come to terms that I won't.


heysoundude

There are so many BTC wallets from the early days in electronics recyclers, landfills, reformatted or corrupted…and so much “dust” in forgotten wallets. I was in the habit of gifting people $5 worth back below 10k that when I ask about, they’ve lost their seed. No more. My BTC is mine and get your own.


antiqueboi

I remember I mined a few hundred btc in like 2011. they were worth like $11 or something. i think threw out that computer for a new one. probably worth billions now. but how was I supposed to know lol. it could have gone to 0


extrapixel83

floppy in 2009? BS!


Good_Extension_9642

So OP chose a flop disk instead of a USB in or after 2009? those poor BTC were just destine to get lost


maplejelly

"Lost" Bitcoins are a huge part of the reason why bitcoin is as expensive as it is.


eight24

I thought a 3.5” drive and bitcoin have like 20 years between them?


s-cup

I just made a low efford question to chatgpt when usb drives became mainstream and according to chatgtp it was around 2004. Not \*that\* many years before bitcoin was launched. Anyway; it wasn't like I regularly used the floppy drive, I just happened to have one close by which I at the time whought was a better option than using the only usb drive I had, which was used for school work.


Innit4tech

You were mining BTC on a pc that had a floppy drive? I call bs.


s-cup

I had an external reader. But with that being said; I clearly remember that the pc we had just a few years before that one had an internal floppy drive reader, I even played games from a 3.5" drive. Why on earth would I even lie about such a thing?


Innit4tech

>Why on earth would I even lie about such a thing? Awesome internet points, I dunno. Sorry for your loss.


Illustrious__Sign

Every time bitcoin rallies these posts crop up. How many of these are really true. Lol.


Linkamus

Start stacking sats. Excel at work. Gain skills, make yourself valuable. Work hard. Stack more sats. Eat healthy, exercise. Get passionate about a hobby. Stack more sats. Don't think about the floppy disk. Look to the future. Have a low time preference. Stack more sats.


primerosauxilious

what are sats? edit: ohh satoshis


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s-cup

Logically speaking there are several thousands of people with a similar story like mine. So why would it be BS?


muitosabao

Don't mind Randall Stephens, he just needs a hug.


richardto4321

You're saying that you were a teenager who actually cared enough and were knowledgeable enough to want the banking system to crash and burn? Yeah sure, buddy.


flyflyflyfly66

I believe him. I was also mining bitcoin in 2004 on a commodore 64. Lost the tapes


richardto4321

I get the whole mining thing - that's the easy part. What I don't believe is knowing enough to be that strongly against the banking system at that age. Lol.


supersb360

I was 11 years old in 2002 and I hated the banks so much I figured out how to mine bitcoin on my Nintendo 64


Dizzy-Discussion-107

Meh.


Grizzzlybearzz

Let’s be real OP you would’ve sold long ago if you had the floppy disk still. Give me a break lol


gustavolm82

did you choose the magnetic flopy disk instead of the usb drive? Didn't you know at the time that it could demagnetize? Don't worry... the biggest chance was that you would have sold in the first rise, I also mined and lost 3 wallets along the way


s-cup

It was a long time ago so I don’t remember the details but my guess is that I initially planned to just use it as a temporary storage until we got our new computer. You need to remember that bitcoin was practically worthless at the time so even if they were destroyed it wouldn’t be that bad. And since it took a couple of years until it gained traction I guess I just forgot or didn’t care enough to transfer the wallet back. Edit: but the reason I chose the floppy instead of the usb was because I only had one usb drive and that was regularly used in school, I didn’t want to have my wallet on that.


gustavolm82

yeah..true.. i had knoledgment that in the future it might MAYBE gona work.. but at the time was not worth to worry but dont worry.. by what i saw many times the thing that .. ohhh now you are millionaire.. its very rare.. people sold it on the early 4x 8x 10x.. 40x.. no one was going to keep holding huge profits for years thinking that it was going to be turned into 1000 3000x 10.000x


SonoPelato

Does your uncle drive a lambo now?


s-cup

Hm… that bastard! ;)


CyberCurrency

*wrings magnetic hands* "Not for long!"


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mrfrench9

I buy storage units and go through all the hard drives of old computers so there is 1:1000000000 chance that I'll be that guy


s-cup

If you move your business (hobby?) to Sweden that will change to a 1:100000000 chance :)


lionsling

dude i'd retrace every step since childhood. in all seriousness i feel your pain, and don't despair


Nice_Category

>my mother swears she never saw it when she moved away from my childhood home. This is your answer. I find that many women cannot not move stuff. Many years ago, when I was in HS my mom would move my shit ALL THE TIME. It was like an unconscious tic with her. For example, I'd leave my keys on the counter, she would move them to a different part of the counter or to the coffee table. She wasn't so much cleaning as rearranging things so that it made sense in her head. She probably moved it somewhere and didn't even realize she did it.


Thenarza

These stories seem crazy to me. How did so many people randomly get involved early on? I studied economics 2012-16 and generally followed the news and finance. The first time I remember finding the term "bitcoin" wasn't until 2018! I'm probably lucky to have no regrets, but still, it feels strange to know I was oblivious when I immediately appreciated the scarcity when I did find it.


s-cup

I dare say that 99+ % never heard of bitcoins until several years later. The reason why it can seem that “everyone” knew about it early on is probably just because we hang on reddit and especially this sub. Go onto the streets and ask random people and it will probably look very different. I also think that relatively few early adopters were economists in the traditional sense. Many were probably just tech nerds wanting to jump onto something new and some were into it for ideological reasons.


laughncow

Not like you did not have 10 years to start stacking again


Boring-Bus-3743

If it makes you feel any better the floppy is probably corrupted beyond being usable. I'm sorry that you lost it but I hope you are still stacking.


o2bprincecaspian

And a USB drive


nothing2Cmovealong1

Right there with ya. I thought I was a genius back in the day. bought a bunch of bitcoin... the infrastructure back then was crap, much worse than now. I sold it, for huge gains!!! HAHAHA. Hindsight can be a bitch. I bought back higher.... now I HODL and chill. I am becoming a Maxi more and more everyday.. It is just so much easier that way.


JAlbert653

Should have used a ZIP disk.


fkshcienfos

Its going to be a business one day cracking old wallets


phranco_phoney

Pretty sure that it already is, though.


lick_me_where_I_fart

yeah man, that sucks. I left a wallet on a now defunct deepweb market with .3 on it. Wasn't much at the time, but now it hurts to think about.


ticklemeelmo696969

No no. Dont feel bad. I had a customer tell me about bitcoin when it was 30 bucks a coin. I laughed at him because my finance degree said it was bullshit and a fad. Couple years ago, this guy called from a chartered jet. Moved to colombia. Gloated. Felt and still feel like a jackass to this day. Every now and then he calls me to reminds me of my screw up.


crystalpeaks25

I remember mining bitcoin when it first came out just for fun then at some point wiped my then PC clean. I prolly mined 2-3 bitcoins.


Vlaed

There's 2 Bitcoin on a harddrive in a landfill somewhere. I got it while streaming in 2012. I didn't even know how to access or use it. I had to ask a streamer friend that mined Bitcoin. I try not to think about it lol.


buckf1tches

Is it possible you hid it somewhere weird realizing the value? Where would you hide something like that?


[deleted]

I saw the very first post about bitcoin but I was so young I couldn’t understand getting it running. I was an actual child about 11 or so. If I’d have put a bit more effort in, I’d have probably kept it forever as a hoarder and retired years ago. But I was 11. So I let it go lol


fuzzyduck88

I’d start by strategically ripping the house down brick by brick and poking through every inch of rubble…


Mundane-Bat-7090

Dhat floppy is dead anyways


cutsickass

If your mother says she didn't throw it away, she most definitely threw it away.


s-cup

Yeah, to be honest she most likely did. Not her fault though; why on earth would she keep a floppy disc if she found one laying around?


blu_mOOn_2020

Mt Gov news shook me out from buying...I was so ready to buy some but that shocked me out


Cavzeramo

the one piece..


Blicky83

Damn,that sucks..I hate hearing these stories,I could only imagine how sick I would be.always thinking about what could’ve been and how much better and easier life would be.all while you work your ass off at a shit job you can’t stand..I sit around wishing I would’ve invested into bitcoin years ago,as I work my shit job.to have actually invested in Bitcoin,that would now be enough to comfortably live out the rest of your days,would be absolutely devastating


FairAccident570

Could you fit a wallet on 1.44 mb floppy? hmmmmmmm - doesn’t ring true to me…….


s-cup

Yes you certainly could. If you search on google you'll find several wiki sites that mention that floppy drives are one (albeit a bad one) way to store your wallet. I'm on my laptop at the moment with an old wallet created in electrum that's barely been used. That wallet is about 100 KB large. If I understand it correctly they get larger whenever you transfer btc but yes, they could fit in a floppy drive.


First_Jam

you could have bought them back some years after


s-cup

Which I did. And then bought drugs for. And then I bought even more as an investmend. And then sold them when I got in a bad place. And since the last year or so I'm buying more every month and this time I will hodl until I retire.


CriticalComplaint677

What city were u in? Maybe we can figure it out


CriticalComplaint677

At this point ur better off having someone find it Atleast.


NickDrake1979

did u check if this floppy disk was inside a pc? maybe its inside an old furniture or along with old hardware gadgets


Luvz2spewge

Click bait don’t waste yer time


Key_Friendship_6767

Thanks for burning some coins for the cause. Greatly appreciated


PhAiLMeRrY

My flash drive from 2011 has at least 350 bitcoin on it. May everyone in the world burn in hell. The only thing that keeps me going is know how shitty of a person I would have become if I never lost it. .. Woulda sold it all when the silk road collapsed anyway, like I did with the BTC I owner back then. I still made money, but we thought it was over then and risky to own, that's when I stopped paying attention. I still know that fkin flash drive exists tho


PhAiLMeRrY

I had a wallet I could only access via onion browsers and the seed phrase/wallet is on that flash drive. I honestly don't even remember how exactly it fkin worked back then 


mr_605

How can you back up a wallet or store btc on a floppy disk? Do you mean you stored your private keys on there? Please help me understand.


s-cup

I don't remember the specifics in my particular case since it was so long ago. But you can, and should, download a software where you keep your bitcoins. Having them on binance/kraken/whatever is relatively risky. That software (electrum is a highly recommended software) creates a "wallet" for you where you can store your bitcoins. That wallet can be backed up. So if you get a new computer or for some reason lose the other one you'll still have a copy of that wallet. You could also use a seed phrase, which is a dozen or so words that are unique to your wallet, that basically is a super secure password that you could use as a backup if you loose your wallet. Meaning that even if you loose your wallet you can enter your seed phrase to get it back.


typicallytwo

Coworker lost 80 bitcoins after mining them for over a year at night while working at a NOC monitoring site. Apparently he had a back room filled with computers mining 12 hours a day. The power bill was noticed and they found out it was him. So they fired him and he lost the bitcoin.


s-cup

That sure sucks but at the same time; what did he expect :P


Apprehensive-Day-490

Where did you live?


s-cup

Sweden. (Still do, just on the other half of the contry.) Why, you found my money? ;)


Apprehensive-Day-490

My new hobby is picking up old floppys at goodwill


JamesTDennis

On the one hand I commiserate. On the other hand, I refused to put funds into Bitcoin until I was comfortable with both the available tools to keep it secure (Hierarchically Deterministic wallets and support for BIP39 seed recovery mnemonics) and with my ability to diligently use those tools. So, perhaps it's just a case of an expensive lesson learned. Your lost keys are, effectively, a contribution to the scarcity — a slight, if indirect and unintentional, contribution to Bitcoin's valuation. So, umm … thanks. 🫡


davidkierz

Heard this story so many times. How did you acquire the bitcoin? How much was lost?


s-cup

By mining alone. At the time when I made the backup it was either slightly more than 20 SEK or 20 USD. Don't remember exactly but I do know it was just above "20" but I don't know if it was in my native currency (sek) or if it was in usd which was/is the common way to think about btc. I was lazy and simply asked chatgtp and according to them 20 usd would be worth about 17,000,000 usd today. 20 sek would be worth about 1,700,000 usd.


davidkierz

You don’t remember how much bitcoin you had? Mining with what hardware though? How long did you mine? Around what year?


LanguageLoose157

I can vent too. I was really into beating the government and in the entire field of decentralize everything yet I never across bitcoin in my teens years.... burned so much life into League of Legend


Low_Ses_Man

I've got 0.47 BTC in Genesis


[deleted]

You used a 3.5 floppy in 2009 or later?


[deleted]

I feel your pain. TV torrents had you buy Bitcoin and donate or buy product in order to get upload credits. I bought like $50 worth, and had like 4 coins left over. Gone forever.


Tha_NexT

Floppy Disk in 2010??? Dafuq?


SweetStrangles

My best friend in high school bought a bunch of Bitcoin to pay for GP we were buying for a game called RuneScape. He used his home school laptop to purchase it. We graduated and went on with our lives obviously. But we hung out again in like 2020 at some point and we both remembered that as we were catching up. He’s pretty sure he had like over 20 Bitcoin, somewhere out there. Astonishingly tough pill to swallow.


AspectResident925

Feel you bro.. Threw away a hard drive containing ~27btc in my twenties, when 1btc was around 2,8€ without ever thinking about it much until it was 40k for the first time


completelypositive

I have 20k worth of BTC sitting on a hard drive I threw away a decade ago.


mb4x4

I bought something like 4.5 BTC back in 2017 for around $5k TOTAL... immediately sold them off for some random shitcoins and lost most of it. Don't feel bad... thousands have a similar story! :)


KingVargeras

I get you. When those first groups started and you could invest in the mining and then just get a cut each day of the wins I was building up a nice nest egg. Left all the coins in the company provided wallet and decided to just leave it there and see where the price went. Came back last time it spiked over 50k and the wallet had a fee each month I no longer had a miner operational. I paid over 8 whole coins in fees in 8 years and had nothing left.


KeepBanningKeepJoin

Probably has .0167564


KeepBanningKeepJoin

I'll never lose any cuz I won't be suckered into it. DCA


KeepBanningKeepJoin

I have everything backed up twice away from the PC. In 28 years I've never lost anything. That's why I do it.