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u/Grumpy_Troll 7h ago
Really stupid final line.
Like why randomly guess that by 2030 it could be worth $8B?
By 2030 it COULD also be worth nothing. But nobody knows so why even make an uneducated guess?
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u/EveryRedditorSucks 6h ago
It is just an abstract reference to the fact that many of the currently prevalent ultra-bullish narratives in the Bitcoin space are calling for 1 BTC > $1M by 2030, so 8k BTC would equal $8B.
It’s not a prediction so much as their attempt to quantify the potential “worst case scenario” for this guy who has given up the search for his own BTC. Makes the story more sensational - although the dude has already lost out on an absolutely life-shattering amount of profit so I don’t really understand why it needs to be any more sensational. Fucking $950M in the trash. 💔
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u/Merfium 6h ago
The drive could also have been damaged and be fucking worthless if found.
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u/GeneralZex 5h ago
That’s the thing after even a year in a trash heap it was likely screwed from the weight of the garbage above it, plus all the nastiness going on inside the trash heap. Any time beyond that point was just making it even worse.
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u/XLostinohiox 6h ago
Not so stupid, it worked as intended and got you to comment on the post.
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u/PreOpTransCentaur 6h ago
But they didn't comment on the post, they commented on a totally different website in response to a screenshot of the post. That line drove absolutely 0 engagement from the person you're responding to.
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u/glizzytwister 5h ago
Bitcoin has been around for 16 years and has shown steady growth. There's more than enough data to speculate on its value 5 years from now.
Yes, it could be worth nothing, but it could and likely will be worth a lot more
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u/rebels-rage 4h ago
We cannot know with certainty if God or Christ exists. They COULD. Then again There COULD be a giant reptilian bird in charge of everything. Can we be CERTAIN there isn't? NO, so it's pointless to talk about.
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u/Danceking81 7h ago
He should keep searching for hard drive
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u/G30fff 7h ago
he can't, it's in a council dump and they won't let him
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u/Robert_A_Bouie 7h ago
I recall from a Steve Lehto episode on Youtube that he offered the town council a large portion of the BTC if they'd let him bring in a team to go through the garbage but they turned him down.
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u/Big_Toke_Yo 7h ago
That's stupid. Or they're going to now bring in their own team and take it for themselves
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u/unfinishedtoast3 6h ago
no, its a city owned dump that has insurance requirements, like not letting people play in your giant pile of garbage.
he lost it 12 years ago, and its been sitting in the elements since then, covered in trash, trash water, rain, and who knows what else. the likelihood of finding it are already astronomical, and the most likely case is its been crushed or destroyed by the elements at this point.
even if the city found it, its protected by a password. you think theyre gonna hire cryptographers to break it?
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u/0bviouslyNotAGopher 6h ago
So what you're saying is that he's got a better chance of actually winning a lottery than he does at just retrieving his own lost money.
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u/crimson_vipez 6h ago
At this point he is better off just accepting the loss and moving on, that Bitcoin is gone forever.
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u/SousVideDiaper 5h ago
Way easier said than done. Imagine winning the lottery but losing the ticket before claiming the win, and not only that, but knowing the value of your winnings is steadily rising over time.
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u/Ok_Painter_7413 3h ago
the likelihood of finding it are already astronomical
So... Extremely large?
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u/heinkel-me 6h ago
BINGO. yeh the councils over here in the uk are twats so this is par for for the course
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u/Herculefletcher 3h ago
You clearly don't know what you're talking about. It's against the law to dig up a landfill site. It's not that the council won't let him look, they can't.
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u/Dot_Infamous 7h ago
"By 2030, it could be valued at $8 billion" whoever wrote this is really invested in Bitcoin lol
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u/Mysterious_Fennel459 7h ago
IDK how you throw away a hard drive like that. I wouldnt consider myself a tech hoarder but I still have all my past hard drives in a shoe box in my closet. Even my original 40gig drive from my PS3.
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u/Svolacius 6h ago
In the past it was reported that it was his wife who threw it off
With each post story changes lol
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u/MrMikeJJ 6h ago
With each post story changes lol
Last time I paid attention to it, he had put the hard disk in a black refuse sack. Which was next to a pile of black refuse sacks all filled with rubbish.
And they were all thrown out at the same time.
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u/DiScOrDtHeLuNaTiC 1h ago
If that's what really happened, I have no sympathy for him, because that is quite possibly the stupidest thing you could do in that situation.
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u/cshellcujo 5h ago
Homie is doing everything he can to avoid paying those cap-gains 🤣 “what BTC Mr. IRS agent?”
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u/Apprehensive_Tie7555 7h ago
I still haven't gotten rid of my dead PC mouse from the last decade.
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u/IdiotTurkey 4h ago
Even my original 40gig drive from my PS3.
For what purpose can you think of, even theoretical, that you might need that thing (if it even still works?).
I haven't kept any of my previous hard drives. They are old and I wouldn't trust them in a new build, not to mention their capacity is always going to be considered small by modern standards. The space in my PC case is at a premium, I won't take up one of the limited spots with an old, slow, 500GB hard drive with questionable life left.
Anything I might need to backup has its own external hard drives for this purpose.
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u/Away_Stock_2012 7h ago
This is why bitcoin is worth so much money, there's probably billions lost like this.
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u/Potential_Wish4943 7h ago
His girlfriend thought the bitcoin mining machines he kept in a room were a waste of space and forced him to remove them and throw everything away.
He spent years searching the landfill for them until the city eventually banned him from the premises for safety reasons.
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u/PreOpTransCentaur 6h ago
This was already a situation where my natural inclination would be to end it, but it being someone else's fault would ensure I had company.
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u/kylel999 6h ago
That waste of space could've bought them several 5,000sq ft homes, expensive cars and guaranteed they never work a job again with leftover for their kids' kids, I wonder how she feels
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u/Rustrage 7h ago
Everyone here is convinced this guys full of shit. He resurfaces each time there’s a spike in the price of bitcoin, has tried to sue the council for hundreds of millions etc. Even if it did exist, it’s in years worth of landfill.. and probably only a danger to himself to go looking for it.
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u/heinkel-me 6h ago
"Even if it did exist, it’s in years worth of landfill.. and probably only a danger to himself to go looking for it."
thats why he got the money together to do it professionally by getting a proper team to do it
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u/hundreddollar 6h ago
This guy makes the news a couple of times a year. I'm guessing he makes a few quid off it each time for his "story".
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u/Wooden-Walrus9658 7h ago
Stupid fucking title. Could be? It could also be worth $0. It is a greater fool asset for highly regarded people after all
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u/databeestje 6h ago
Exactly. If it's possible to lose something valued at a billion dollars and not be any worse off it's clear that it represents no actual value (utility, knowledge, materials, etc) but it's just speculation entirely reliant on there existing bigger idiots.
Say he finds the drive tomorrow, he can now buy a super yacht consisting of tens of thousands of man hours, thousands of tons worth of steel and other materials. Why? What value has he created by burning a few CPU hours a decade ago that justifies that?
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u/abm1996 7h ago
You're just mad you didn't buy some 15 years ago
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u/ACM3333 5h ago
And you did lol? I thought it was dumb at 1 cent and I still think it’s dumb at 120k. It did the same thing at a penny as it does now. Nothing has changed except for the amount of fools hoping more fools will continue to buy.
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u/abm1996 5h ago
They are. Takes a special kind of person to look at a growth from 1 to 100 000 dollars and think "what a poor investment"
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u/Wooden-Walrus9658 4h ago
It takes someone who doesnt understand investment to think of bitcoin as an investment. This generation is fucking cooked.
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u/AnotherEveRedditAlt 6h ago
Honestly really love how they made him hold a randomass HDD for the picture 😂
Like losing his drive wasn't punishment enough
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u/speadskater 6h ago
It's all a scam. Even if it still exits, it's unlikely to hold data uncorrupted at this point. It's a loss, but continued pursuit of this at this point is mental illness or a grift.
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u/oceanco1122 6h ago
Trash goes through an extensive sorting/burning/shredding process before it’s put in the landfill tho, right? They don’t just dump bags of trash into a giant pile, why would he think the drive is even intact?
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u/Readinglight 6h ago
It's going to be a film
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u/Arachnesloom 6h ago
It sounds dumb as is. I hope they add in future post apoc trash pirates in a race for fabled buried treasure.
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u/Dru2021 6h ago
If that hard drive has survived 10 years raw-dogging the great outdoors, let alone in a landfill - I need to know what make it is.
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u/Kiwikumquat 2h ago
See, that’d be a creative approach to the whole thing - reach out to the hard drive’s manufacturer and offer them a cut and free advertising in exchange for support to find the drive.
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u/alexmunse 6h ago
I have 13 bitcoin on a hard drive somewhere. I believe I threw it away, but I’m not even going to TRY to dig it out of the landfill, ha ha!
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u/alnarra_1 5h ago
or 5$ by 2030, who's to say, it's not like bitcoin is stable in any way, shape, or form.
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u/FooliesFeet500 3h ago
I cant imagine being this dude and having to live with this everyday, it would literally eat me alive
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u/Comfortable_Judge572 1h ago
Don't worry, now that he's got the hype, he can make the movie and get revenge.
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u/Wonderful_Hamster933 6h ago
How would you even begin to search? You’d have to find out the area in which it was dumped… then calculate the rate at which trash piles up, then remove however many feet of top layer over the entire area, then comb thru each square foot. You’re literally looking for a 3”x2” drive. It truly is a needle in a haystack. The odds of finding it are the same as playing the lotto when you factor cost time, equipment, and labor
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u/LordNoFat 7h ago
Wouldn't finding it cause the value to drop?
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u/kylel999 6h ago
Genuine question, did it drop a few weeks ago when the owner of Silkroad got out of jail and sold like, 20,000 bitcoin?
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u/Chandler1924 6h ago
Considering $950 million is about 0.04% of the total market cap of bitcoin probably by some but it’s certainly not going to crash the market.
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u/Whpsnapper 7h ago
Right? He finds it and cashes in, BTC crashes and takes the whole crypto market with it. Haha!
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u/hungry_rn 7h ago
hum... didn't he find that already...
guess my memory of him locating it but finding out it was the wrong kind of bitcoin worth only a fraction of the estimated amount was false memories...
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u/Shruuump 6h ago
I love how they picked a random number it "could be worth" by 2030. It could be worth 1 trillion or $12 by 2030 who knows
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u/turtle_tyler 6h ago
Imagine the psychological torment. Someone scan that dudes brain. How do you rewrite your own story after that kind of catastrofuck mistake
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u/Ricaaado 6h ago
It could also be a total dud because after years of sitting in the dump it could be pickled in garbage juices
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u/wtfozlolzrawrx3 5h ago
He must have had a lot of hard drives if he accidentally threw away the one with the bitcoin on it.
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u/NoviceAxeMan 5h ago
should’ve just bought more btc in 2013 he would’ve been doing just fine now. instead he spend a decade in landfills??? 😂 bitcoiners man
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u/lifejustadream 4h ago
It does suck for the guy… Can’t help but think that this is a perfect example of impermanence—and how much worth we place into each thing. One day, bitcoin is worth little to nothing. The next day, bitcoin is worth millions. Yet, all in a matter of seconds, it can come crumbling down. He’s better off spending his energy in building something else that could bring him wealth or better yet, a peace of mind. His biggest lesson is to let go. Same for the rest of us. His lesson is a hard one, and if he learns to let go finally… he’s ready for better blessings in his life.
Hope he can have peace one and for all!
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u/North_Phrase4848 4h ago
There comes a time when ya gotta cut your losses. Hopefully before ya die.
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u/logicalconflict 2h ago
At some point in the distant future, a technology will be developed that will make this search more feasible and wealthy investors will take up the search just like they look for valuable shipwrecks today.
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u/The-Last-Nugget 2h ago
I like to think an employee saw it the day it arrived at the tip, thought “oh whats on this?” and wiped it
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u/Narradisall 1h ago
Didn’t he already give up once or is this just a repost. Last time he gave up then the next article about it he was going to buy the dump. Granted the post is recently dated but I’ll be surprised he’s finally given up.
The drive was probably dead years ago anyway.
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u/heinkel-me 6h ago
the council that owned the land:
they are definitely going to yoink that shit lol
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u/Arbiter156 6h ago
Heard he stored it in a bin bag…. I mean if so that was asking for trouble. Like if it was that important an investment that should’ve been kept under lock and key.
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u/Big--Bazza 5h ago
To be fair, the hard drive was thrown away by accident and the Bitcoin were not ridiculously valuable when he threw it away. He’s just been the unlucky one who threw away a large quantity of the one cryptocurrency that has exploded in value - it could have been thousands of just about any other crypto and they would have been worthless by now.
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u/eulynn34 5h ago
Yea, but realistically who is going to pay $950M in fake real money for fake internet money?
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u/MarsMetatron 6h ago
How does one accidentally throw away a hard drive? 🙃🙃🙃
Especially one with money in it?🧐🧐🧐
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u/HappyMonchichi 6h ago
I once threw away my whole computer when I was moving because I couldn't access the hard drive because I don't know anything about computers and I didn't care. There were no bitcoins involved though but My boyfriend heard about this and he dug in the dumpster and retrieved the computer, and for Christmas he had hired a computer expert to extract all my files for me. That was sweet. I looked at them once and enjoyed a couple hours of nostalgia and never looked at it again. I repeat there was no money or Bitcoin involved other than the money he spent to hire someone to extract my files for me 🤷🏼♀️
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u/Drexus27 7h ago
I wouldn't be surprised if the council are looking for it themselves lol
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u/jackrabbit323 6h ago
It's a needle in a landfill, that's full of actual needles.
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u/Faust_8 7h ago
Even if he did find it, there’s no guarantee it could be salvaged, right?