If he had just bought more Bitcoin right then instead of spending all the time and money fighting this then he'd probably be wealthy now.
this post was submitted on 18 Jan 2025
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It's heartbreaking from a psychological perspective. He felt like those coins were in his grasp, and every month he spent on this search was the one he'd find it. So he kept doubling down. 💀
12 Years Ago:
"What are you guys all doing?", "Looking for millions stored on a hard drive."
Grabs metal detector, finds hard drive, wonders if should tell anyone...
Metal detector enthusiast who found a hard drive in the landfill 12 years ago:
"Yeah, I should get around to seeing what's on that."
lol lmao even
When I lost that $5 bitcoin someone tipped me on reddit in 2011 or so, I didn't cry about it because I'm not a whiner like this guy.
Also it was because I formatted my machine and forgot to back up my wallet since it was my first one, so not as easy to restore especially with the limited knowledge I had at the time.
Just think about all the man hours that could have been dedicated to anything more useful than this waste of time.
I mean, there's 5$ in Bitcoin and then there's nearly a billion dollars in Bitcoin. NGL id probably do the same
That 5$ could have been about 15btc in the beginning of 2011, so 1.5M$ today
Still orders of magnitude in difference...
This hurts too much to read
I'm confused. What's the new development? Isn't this where the story has always been?
He's been suing to get access. This is the end of that.
It is worth the try. That is a generational wealth.
It's also a futile attempt. In the off chance they even find it, that hard drive would be toast by then. In a landfill, that hard drive would prob be shattered and in pieces, not to mention probably corroded and unreadable.
Shattered? Very unlikely. Corroded? Maybe, but probably not since hard drives are well sealed.
They would just need a section of the platter to be readable, they area with the sector that has the data they need. Even if the platter was shattered it would be possible to read the block you need.
The chances are low but the reward is worth the effort.
Hard drives, except for helium-filled ones, actually have an air hole in them with a filter attached to it so they can keep enough air in the drive so the heads can properly fly over the disk surface. Completely possible that moisture ingress would be an issue after years of sitting in a landfill in who knows what. It is a darn tiny hole though.
Yea but only one way to find out. Making massive assumptions when 700 mill is on the line seems dumb. Never give up.
Oh yeah, I'd still try too. Once rescued a phone from a saltwater beach. It sat there buried for 6 months ish in saltwater. Was able to extract all the data from the MicroSD card and find the owner to give them their lost pictures and such. Would still try, despite knowing the science.
Unrelated, f cell manufacturers for removing MicroSD card slots.
I'd wager all the machine compacting and shredding they do at a landfill would render any harddrive broken. Maybe it survived, but after all these years, I highly doubt it survived being expoded to the elements anyways
Have you ever seen a modern landfill? For one thing they crush the contents by constantly rolling over it with a steamroller with spiked wheels that’s designed to shred & compact the trash as much as possible. Then there’s corrosive materials in the garbage that mixes with rainwater to create a leechate that will corrode other garbage as it seeps through it.
I’d be shocked if a standard hard drive could survive a decade in such an environment.
Well sure if it started off as bread
I feel like this is an argument of Expected Value.
Ex. if the harddrive has $X on it, and there's a Y% chance of finding it over the course of a lifetime, then the expected value of the search is X*Y). But if Y is so low that it would take 10 lifetimes to have a better than 50% chance (we'll say a 6.5% chance if you searched your whole life), it doesn't matter if X is $742 million (so that the Expected Value is about $50 million) or $742 billion, it's still objectively a waste of a life.
Just being a Bitcoin user 12 years ago was a ticket to generational wealth.
Lmao and lol. I’ll never not laugh at this clown.
I once installed Linux to the wrong drive and lost all my files...it cost me $100 for the recovery software and 3 days to recover most of what I lost...and words can't describe how pissed I was...I'm pretty sure if I magnified that by 12 years and $742 million, I would lose my damn mind.
The guy: "Obviously you can't recover it without the password. So I'll just hire people to help me search."
Guy he hired: "I'm just gonna try my own luck with this hard drive. Huh it didn't work. Well, I don't want to get in trouble."