r/agedlikemilk • u/fv7061 • Feb 11 '21
A StarCraft gaming tournament took place 10 years ago and these were the prizes teams could win Tech
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u/retroracer33 Feb 11 '21
Bitcoin will forever haunt me....I’ll be telling people how I used to buy them for like 15-20 bucks a pop from my death bed
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u/CrispySmegma Feb 11 '21
Same.. bought plenty when they were $6–$20 but I only bought them to spend on the dark web.. have a couple floating around in a lost wallet fuck knows where
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u/Techasyte Feb 11 '21
A couple could lead you to a fortune. Find that lost wallet, son.
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u/Leaky_gland Feb 11 '21
I've got 40000 doge on a wallet somewhere
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u/TheTigersAreNotReal Feb 11 '21
I had 38K doge that I bought for $50 in 2013 on an old wallet backed up on dropbox. Was able to extract the coins with the help of some people on /r/dogecoindev. Exchanged it for Zcash this last weekend. I always felt like I had missed the train on crypto but now I guess I’m back in it
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u/menocaremuch Feb 11 '21
I have 77,000 one a hard drive somewhere... First thing I was able to hop on early for and lost em.. Live and learn
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u/PutiToBlack Feb 11 '21
That’s only about $2800 bucks. I had close to 500k doge and nothing to show for it
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u/TheTigersAreNotReal Feb 11 '21
$2800 out of $50 56x returns. After exchanging it for Zcash it’s now over $4K. It’s not that much money, but I thought I’d never be getting anything back from it so suddenly having an additional $4K is a nice surprise
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u/Bobby_does_reddit Feb 11 '21
a couple floating around in a lost wallet fuck knows where
This is why I never really got into bitcoin. I didn't understand how the whole wallet thing worked and figured if I ever did buy any, I would either not know how to access them, or they'd get hacked/stolen. Probably both.
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u/IsMyUsernameEnough Feb 11 '21
I'm in the same boat. I remember thinking "maybe I should buy some of these" at $10 but didn't feel like going through the learning process of setting up the wallet...
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u/Strictlyforbargain85 Feb 11 '21
I was an early bitcoin miner. Thought I was some sort of “entrepreneur”. Bought myself a massive rig and mind a bunch of coins. Then I got the electricity bill, and I was like, lmao this is so stupid. No I do not know where my bitcoins are anymore.
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u/time4donuts Feb 11 '21
Somewhere in a landfill is an old hard drive with a few billion in bitcoins just waiting to be rediscovered.
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u/Knightwing86 Feb 11 '21
if i were i'd scourge the internet just to find those couple of coins. find them
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u/tsilihin666 Feb 11 '21
Bro I used to mine them on my shitty gaming pc in like 2010. I mined enough to purchase Batman Arkham City when BTC crashed back down to $2 a coin in November. I was worried I would waste the 30 something coins I had in my wallet if I didn't act fast. Yeah. I think about that a lot sometimes.
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u/FlowersForMegatron Feb 11 '21
I still have .0001 btc from way back when you could “tip” ppl on Reddit. It’s up to $4.59 right now. Yeaaaaaa baby!
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u/Acias Feb 11 '21
If everyone would have hold onto their bitcoins they wouldn't be anyway near what they are now.
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u/iruleatlifekthx Feb 11 '21
I mean, imagine if they had used the $500 to buy Bitcoin at that time.
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u/Bigliettone Feb 11 '21
Imagine if the 5th/8th sold the Bitcoins to get a few bucks at that time..
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u/OkGraphicDesigner Feb 11 '21
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u/VinVigo Feb 11 '21
If this is a themed account I am so proud of you this is brilliant
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u/jojoga Feb 11 '21
so life like! it really captures your benevolent and philanthropic nature nicely. can I have some money now?
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u/TheBigPhilbowski Feb 11 '21
Hey, that's a pretty OK depiction of what I'd imagined this looked like. Have you thought about doing this professionally? I'm not saying that you'd win any awards necessarily, but I also don't think you'd be immediately fired.
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u/[deleted] Feb 11 '21 edited Feb 13 '21
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u/RakeNI Feb 11 '21
its such a low amount that i'd probably just leave it there and couldnt be bothered figuring out how to use Crypto. Its literally something like $1-2
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u/LittleBigHorn22 Feb 11 '21
And then you forget where it's at once you realize how much bitcoin became worth.
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u/Potato13579 Feb 11 '21
But even those "Bitcoin worth $1000" headlines in 2014 would probably make you go "Hey didn't I wind some of those a few years ago"? So you sell then. and sure, you still get $25,000 and think you made it big (which you did) But you probably aren't getting millions.
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u/Rheticule Feb 11 '21
Exactly, the only ways I ever would have made it big from buying and selling bitcoin:
1) I lost the computer my bitcoin wallet was on, and it only turned up 10 years later in an attic somewhere
2) I was hypnotized into forgetting about the existence of bitcoin for 10 years
3) I fell into a coma for 10 years
Any other scenario and I cash out easily at 10x returns at the most.
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u/Specktagon Feb 11 '21
for $1,000,000+ I would happily spend like 7 weeks googling or hiring experts to get it back. It's not like the account is gone you just have to find it.
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u/[deleted] Feb 11 '21 edited 24d ago
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u/HighTurning Feb 11 '21
Why is that?
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u/Armed_Accountant Feb 11 '21
Because you need a long-ass encryption key to access your wallet. Losing that means you're SOL as there's no back door way in and we don't have the processing power yet to brute force a wallet seed in a reasonable time (as in, within a lifetime).
You could brute force your wallet password.
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u/mc360jp Feb 11 '21
I’d get my wallet key tattooed on my inner thigh, hidden to the left of my balls.
taps temple
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u/Fullburn420 Feb 11 '21
Not OP, but I did see a recent post that it’s possible to brute force some of the seed if you know some of it with this
https://github.com/gurnec/btcrecover Kinda interesting what people are trying to get old btc back
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u/acontecivel Feb 11 '21
Couldn't you not set a wallet password? I mean, it goes against all recommended practices, but IIRC it was possible.
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u/qqqart Feb 11 '21
Because you can lose your password to your wallet, and by design there is no way to retrieve. Especially earlier implementations were more... creative.
It's like if your money exists on a debit card only. If you lose the pin, or the physical card, the money stored on the card is lost. There is no centralized bank holding your money.
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u/koticgood Feb 11 '21 edited Feb 11 '21
If you think it's that simple and that $1,000,000 is a magical solution, I really, really suggest you look into the amount of "lost" bitcoin/crypto in circulation.
One famous example is someone with 300m+ that has used up 8/10 password attempts.
edit: source, it was 220m not 300+
https://abc7ny.com/stefan-thomas-bitcoin-password-san-francisco/9652903/
better source with other similar stories but paywall:
https://www.nytimes.com/2021/01/12/technology/bitcoin-passwords-wallets-fortunes.html
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u/ggoggggogo Feb 11 '21
One famous example is someone with 300m+ that has used up 8/10 password attempts.
Just fuck me up fam
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u/Dizzfizz Feb 12 '21
Luckily the guy seems to be rich from other BTC investments, so it’s not as bad as going to work everyday knowing you could be a hundred millionaire. I don’t think I could live with THAT.
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u/LoIIip0p Feb 11 '21
oh my god and you know its probably the first password and he just spelled it 1 letter off.... I'll take things that make you say FUUUUCK for 300m, Alex.
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u/ExpensiveReporter Feb 11 '21
The prefix crypto in crypto-currency should tell you that you won't get it back.
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u/Prism1331 Feb 11 '21
So did lots of people who ended up not finding it
Between the likely case that they'd remain useless
Brokerages stealing your coins
Losing your complicated access to those coins
It wasn't a great bet. Lots of stuff could go wrong. One unlikely thing could have gone right
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u/Ortekk Feb 11 '21
I was gifted ~250 bitcoins back in 2011. Sold it to buy food because broke student.
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u/LazyProspector Feb 11 '21
I've got a few hundred of Ethereum sitting in a wallet. I figure I'll leave it for 10 years and see what happens. Either 10x or nothing 🤷🏼♀️ what's there to lose
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u/ClassicalMusicTroll Feb 11 '21
Dude cash out like 10 of them or something immediately.
Edit: I mean...cash them all out now invest and live off the interest imo. If you actually have a few hundred
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u/LazyProspector Feb 11 '21
Oh shit. Sorry I meant a few hundred dollars worth!
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u/ClassicalMusicTroll Feb 11 '21
I also realized I was off by an order of magnitude on the price of ethereum lol
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u/Nippelz Feb 11 '21
I bought weed seeds, which I failed to grow well, for bitcoin back in 2011... I still gently weep at that thought.
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u/Hey_im_miles Feb 11 '21
I have 40 bitcoins in a wallet that I lost the password to in 2014ish. Trying to buy a house now and boy.. sometimes the universe kicks your balls really hard.
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u/Tier_1_Masturbator Feb 11 '21
I used about 20 bitcoin to buy psilocybin in late 2012.
The trip and experience was incredible, but it wasn't a million dollars good.
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u/ChanmanCDXX Feb 11 '21
I bought a big mac and new gloves in the fall of 2011, with money that I could have used to buy bitcoin. I'm such a moron.
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u/FunkyMonkss Feb 11 '21
I bought 15 bit coin when they were around $11 each and used them to buy an oz of magic mushrooms on the silk road. I remember going into a western union for the transaction.
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u/Fullburn420 Feb 11 '21
Lmao I feel you. I used around 10ish btc to buy LSD back in the day. Most expensive trip I’ve had to date lol.
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u/UnsealedMTG Feb 11 '21
I always remind myself of this when I think about how I totally heard about Bitcoin when it was new and thought of buying 50 bitcoins or whatever just for fun, though I didn't.
There is no way on this earth I would have held onto them until it made me rich. I would have sold those motherfuckers for $60 and laughed at the person who bought them.
Or I would have lost the password or whatever.
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u/YouAreDreaming Feb 11 '21
I remind myself of this whenever I get bummed about missing out on buying certain stocks early. I think “man if I sold now I’d be a millionaire” but truthfully I’d probably sell long before it got to that peak, or keep holding until it crashed lol
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u/Schootingstarr Feb 11 '21 edited Feb 11 '21
It's always funny how people make it out to be like "if you just hodl'd, you would have millions today!"
Yeah, well, if I bought a lottery ticket with the winning numbers, I'd be a millionaire, too
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u/LateNightCritter Feb 11 '21
Back when the coin was about 50cents me and my friends would send eachother coins as a reward for clutching games. My one friend still has over 100 coins lost on some wallet. Im sure that tears him up
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u/Broccolini_Cat Feb 11 '21
Imagine winning 5th, forgot having the bitcoins, reminded by this post, but forgot the password.
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u/SheriffBartholomew Feb 11 '21
Which is almost certainly what happened. That or they didn’t understand how they worked and never claimed them in the first place. Or they did claim them and lost their wallet key, owned a locked wallet until the HDD went out, and eventually tossed it.
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u/Monctonian Feb 11 '21 edited Feb 11 '21
In 2010, you could still buy some bitcoins for USD $0.08.. so let’s say that you bought for $500 at that rate, that would leave you with approx. 6,250 bitcoins. With inflation, that would be worth the modest sum of USD $300,776,250.
Enough to cry yourself to sleep every night thinking that you can’t cash in on the currency because you forgot your password.
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u/Fillicia Feb 11 '21
I've seen a post a few weeks ago from someone who finally recovered his account password after ~5 years of brute force cracking. Even for a few btc it's totally worth it.
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u/BunnyPerson Feb 11 '21
Same here. I've got some wallet out there on some random TOR site. I can't remember how much I bought, but it was around 2012. I'm glad I can't remember how much I bought because It's probably worth a good chunk today.
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u/Nix-7c0 Feb 11 '21 edited Feb 11 '21
If your bitcoin holdings were stored through some on-site account rather than a full wallet you created through Armory or such, then odds are high that the site owner long ago "claimed" all the "abandoned" coins.
Edit: If anyone is "holding" some BTC through a website, I'd recommend you take the time to make your own wallet, back it up a bunch of ways, and store your coins there.
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u/BunnyPerson Feb 11 '21
I kinda figured this. It wasn't much at the time, but I'm sure it's worth a chunk today.
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u/Tigerwoodsyaall Feb 11 '21
I bought 100 bitcoins in 2010 or so. Planned to buy weed on Silk Road for the novelty. Ended up not going through with it because of whatever reason. Still have the computer, but can't find any hint of a trace of it or any note of what service I used to buy. Here's where thinking I was cool with all my situational gmail accounts bit me in the ass.
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u/Jordanmc2 Feb 11 '21
If you really have 100 Bitcoin just sitting out there, figuring that out should be like your full time job. That’s $4.7 million.
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u/YoMrPoPo Feb 11 '21
Lmao for real. “Oh well, it was just $100”. Mf give me your computer and I’ll find a way to do it by any means necessary 😂
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u/nswf_NaN Feb 11 '21
Do you have a link to that? Brute forcing a bitcoin key shouldn't be possible so I'm curious how he did it
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u/Chewy12 Feb 11 '21 edited Feb 11 '21
Probably brute forced their wallet's password, not the key/seed.
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u/hfwiuyf489y34f Feb 11 '21
I'm just spitballing unless the other guy links, but brute forcing seems more possible in a few years if it's your own password and you might have some idea around the parameters of what it could be. Or you just get extraordinarily lucky
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u/putin_putin_putin Feb 11 '21
If it's the same case I'm thinking of, the guy had his btc details in some password protected pdf which he was able to get brute forced
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u/animalinapark Feb 11 '21
I did it for my wallet. I was certain of the password, but it just wouldn't work. I even wrote it down. I made a mistake and had a good chunk of it right, then just used a brute force script that would accept static strings and then guess the rest.
Only had around 5500$ worth of litecoin, which I sold a month early for 500$.
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u/Dopth Feb 11 '21
It was probably a short password because 10 years ago people weren't too worried about their bitcoins being brute forced. Now, I'm sure everyone uses the entire password length as a randomly generated code, not something like IloveMyWifesBoyfriend69420.
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u/ScipioLongstocking Feb 11 '21
I'm pretty sure the previous commenter thought they were talking about brute force hacking the key for the Bitcoin, which is theoretically impossible, not the password for their wallet.
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u/jojoga Feb 11 '21
Enough to cry yourself to sleep every night thinking that you can’t cash in on the currency because you forgot your password.
I'd do so for much less than that.
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u/Nervous-Bonus-806 Feb 11 '21
Of course, there's also the possibility of dropping dead unexpectedly and not leaving your spouse a means to access the Bitcoin vault where you've got over $140 million stashed because you didn't keep the password in a secured location in case something catastrophic happens, like this in Canada late in 2019
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u/TheRavenSayeth Feb 11 '21
I never even considered buying bitcoin at that time, but whenever I read these things it bums me out because I could have yet didn't.
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u/[deleted] Feb 11 '21
if you knew who won the superbowl last week you could have bet $10000 on it too.
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u/Cryptoporticus Feb 11 '21
https://bitcointalk.org/index.php?topic=92.0
Someone on a Bitcoin forum back then was trying to sell 10,000 Bitcoins for $50, but no one wanted to pay that much.
It would be worth $480 million today.
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u/Danny_Tamberelli Feb 11 '21 edited Feb 11 '21
And then doge. I swear to Christ if I see doge at 40k in 10 years I will kill myself.
Incredible it’s only spiking now. They sponsor a nascar team for a race? I thought that was it’s peak.
Edit: I get it, I'm stupid.
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u/NO_TOUCHING__lol Feb 11 '21
IIRC Doge does not have a set upper limit of coins like Bitcoin does, so a Bitcoin-like spike is not possible with Doge. I read somewhere that $10 is likely as high as Doge could ever expect to go
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u/Tuxhorn Feb 11 '21
10 dollar per doge would put the market cap of doge higher than the entire crypto sphere.
People are delusional and have no idea how market cap works. There are 21 million btc max supply, there are currently 125 billion doge.
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u/Z0MBIE2 Feb 11 '21
if I see doge at 40k in 10 years I will kill myself.
That's almost quite literally impossible. As the other person said, dogecoin would need stupidly high value, the entire world investing. It can't reach anything high like that - dogecoin even reaching $10 is fucking unlikely. $1 is a high bar.
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u/dronepore Feb 11 '21
Odds are you would have sold it a long time ago.
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u/Z0MBIE2 Feb 11 '21
Yeah, because that's literally what everybody did. Anybody who didn't outright forget they had bitcoin, already sold theirs when it started spiking in price, because nobody expected it to reach such high amounts. If all the people who bought them for cents didn't sell by now, I doubt bitcoin would be worth so much. Everybody wouldn't suddenly be millionaires.
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u/McBurger Feb 11 '21
It’s funny how I see these people dream of having bought all these BTC back in 2010 but they’re too afraid of Monero because of regulatory uncertainty and exchange delistings. They can all rest assured they would not have bought and hold through all of those uncertain years lol.
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u/cloroz Feb 11 '21
1.2 mil
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u/EndAlarmed Feb 11 '21
Imagine being that first prize winner today. Fuck my 500!!
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u/jojoga Feb 11 '21
Could have bought bitcoins for that $500 and gotten much much more right now.. both would have required either a large portion of foresight, or a grande olde fuck-it attitude.
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u/EndAlarmed Feb 11 '21
Didn't even think about that. It was between $1 and $32 per coin in 2011.
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u/Silkymittsgiroux Feb 11 '21
Probably between $1 and $4 even at the time because otherwise they would be getting more money than 4th place
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u/[deleted] Feb 11 '21
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u/DashFerLev Feb 11 '21
There are two kinds of people.
The kind that can make inferences from incomplete data
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u/PM_YOUR_SAGGY_TITS Feb 11 '21
According to this, it was $.7 per btc in Feb of 2011.
At this moment, 1 BTC is $47,310.67. $500 could have bought you 714.285714 BTC, meaning your wallet would be worth $33,793,335.70 right now.
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u/Maruhai Feb 11 '21
People say that but if I were in the 1st place's position I'd automatically think my dollars are worth more than 5th place's bitcoins (they're worse, they get a worse prize). Also I would need to set up everything needed to buy Bitcoins in the first place, not knowing what they would be worth, it's a fair assumption to think I wouldn't bother.
Meanwhile, if I was the 5th place guy, I would just go like "well I didnt win anything" and forget about the coins, not even bothering to turn them into cash.
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u/Mictlancayocoatl Feb 11 '21
And if you had noticed the price raising, you would probably have sold the bitcoins when they reached a price of 1BTC = 50 USD or something.
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u/LeiasOfMeaning Feb 11 '21
Even if someone did that he probably would have sold the bitcoins at the first price surge when they were at something like 300€ per coin.
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u/aliterati Feb 11 '21
I know this is crazy to think now, but like 10 years ago or so on Reddit (and other sites) there were people that would tip bitcoins to comments that they thought were especially insightful.
I think I had a few hundred, maybe more. But they were completely worthless at the time.
I can't remember any of my login info for them, and I don't even have access to the email I used at the time. I'm pretty sure there's a bunch of people like me with money they just have 0 access too.
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u/wellmaybe24 Feb 11 '21
this is an interesting point. because what if that number of "lost and forgotten" coins over 1 million coins? 5% of the final total. right?
And one day BTC hits $1million per coin. That's a TRILLION dollars of lost and forgotten bitcoin.
You think maybe then it'd be worth it to do a trace back in the ledger and find those?
And even if you find them, is it even POSSIBLE to recover control over them?
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u/g-e-o-f-f Feb 11 '21
Except that the fact that those coins are effectively "lost" makes the other coins more valuable. If they weren't lost, all the coins might be worth less.
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u/Circumspector Feb 11 '21
If we're thinking of the same bitcoin tipping bot, it shut down a long time ago and you had a period to withdraw the amount before support shut down. I'm sure after that it was all swept to the bot's owner's wallet.
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u/[deleted] Feb 11 '21
Theres was a bitcoin bowl for college football and if you tweeted the hashtag someone would send you bitcoin. It was fractional even then but still. I got some but long lost my wallet. Think would only be worth a couple hundred today
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u/BattalionSkimmer Feb 11 '21
IF they had held on to them until now. Most likely options:
Forgot about them and maybe got reminded a few years later when price went up, but could no longer access them
Immediately sold them for the price at the time, and kicking themselves after price went up
Waited a bit, and definitely cashed out WAY before it reached even the 1st prize amount.
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u/YourAsphyxia Feb 11 '21
As someone who ignored bitcoin completely i always wonder if it's worse (psychological wise) to have cashed them out when they were worth pennies or have a stash somewhere that you cant access lol
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u/Tuxhorn Feb 11 '21
The latter for sure.
I've experienced both.
I'd rather sell early than watch something I can't acess grow and grow.
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u/-_Jester_ Feb 11 '21
Wait no.. 1.1 million, no 1.3 million, no now it’s 1.0 again, wow already back up to 1.2 million.
Yea sounds like a viable currency
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u/P4nda_37 Feb 11 '21
Oh my god. I’d love to know who got 5-8th
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u/recumbent_mike Feb 11 '21
You probably haven't heard of them-they're not famous like the first and second place guys.
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u/mulletarian Feb 11 '21
You probably haven't heard of them
Not qxc then
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u/ItzDp Feb 11 '21
now that XQC is a famous streamer I always wanna say qxc instead
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u/Z1rith Feb 11 '21
qxc is pretty cool, i remember watching him cast code a in korea for a week with wolf and one of the games was the funniest cast ive ever seen. i was legit crying laughing.
also i picked him for my fantasy league team and he got an all kill(beat everyone else on the other team by himself) and i got into the top 50 because of it haha. though i didnt know what an anti roster was and picked 3 decent guys which really knocked my points back. good memories.
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u/followmarko Feb 11 '21
I do love these posts and stories, but the chances that these people held on to their bitcoin winnings through the first run, the second run, and now this run, is extremely low. It's also possible that in 2010, they were given this joke internet monopoly money for placing in a StarCraft tournament and they disregarded or discarded it, because it was a fun meme prize then.
It makes for a better story thinking that every early adopter/acquirer kept all their bitcoins they had in 2010, but it's much more likely that they sold somewhere along the way. Frankly, not hodling is why it's almost 50k today. Trading, selling, hyping, losing, gaining, it all played a factor.
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u/psychgrad Feb 11 '21
Exactly. Steam used to accept Bitcoin. If you had $60 btc in a wallet, you know that would be spent on a new game in 2011.
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u/weJTyhKckvNd Feb 11 '21
I wonder how many people are out there who got a couple Bitcoin long ago and simply forgot about it because it was worth almost nothing and not very easy to use. That would be a nice surprise to rediscover someday.
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u/ScipioLongstocking Feb 11 '21
There lots of articles about this. I've read some about people who have searched entire landfills because their hard drive with their Bitcoin wallet was thrown out.
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u/[deleted] Feb 11 '21
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u/Bobby-L4L Feb 11 '21
https://liquipedia.net/starcraft/AoV_iCCup_StarLeague
5-8th: Sziky, Kolll, Hejek, Jumper
I don't have any information on what any of them did with the BitCoins.
Sziky: At one point considered the best non-Korean Brood War player of all time. Doesn't speak much English, had a long period of inactivity.
Kolll: Was a young up-and-comer; went from being trash tier to being an upper-level non-Korean player in the span of 3 months. Retired as of now.
Hejek: Don't know anything about this player, does not have a Wiki link.
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u/KeepUpTheFPS Feb 11 '21
Nah wasn't the same tourney. You're thinking of a showmatch between him and Scarlett for 14 Bitcoins ( I think) by totalbiscuit. May he rest in peace
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u/MainSailFreedom Feb 11 '21
5th - 8th place get $1,000,000!!! Man these millennials really do award mediocrity!!
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u/reality72 Feb 11 '21
$1 million but the catch is you gotta wait 10 years for it to be worth that.
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u/Maverick916 Feb 11 '21
would you rather have 500 dollars right now, or 1.2 million in ten years?
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u/BlasterPhase Feb 11 '21
would you rather have 500 dollars right now, or 50 pieces of Weeble Wobble, inc. stock?
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u/colbyjackrat222 Feb 11 '21
Everyone I know that had bitcoins back in the day sold them when BTC spiked to $1000 at the end of 2013. One woman had 200, turned it into 200k and bought a house.
You can never know, I'm sure she cringes when she sees the current prices.. but it could have just as easily gone the other way.
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u/bajungadustin Feb 11 '21
Not as bad as the guy spent 10,000 bitcoin to buy 2 pizzas when bitcoin was $0.003 a coin. That's what.. 400 million today?
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u/icbcrepair Feb 11 '21
He could have turned around and bought 100,000 coins. Or even left his CPU miner on for a few mins and probably made that all back.
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u/16block18 Feb 11 '21
Yeah people aren't understanding that that WAS the value of the coins back then.
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u/ScumWithBoundaries Feb 11 '21
He was the first person ever to use Bitcoin to purchase something of physical value. He also invented GPU mining and thus made him much better at mining than everyone else at the time. He is still wealthy and now he has his own holiday, I'm sure he's fine.
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u/MexicanGuey Feb 11 '21
thats 99% of people. Most people who bought bitcoin 10 years ago sold long before it hit 40k. Me and my friends joke how we should have bought when it was a few dollars, but I keep telling them they would have sold everything when it hit $50 or less for that quick cash. Most people dont have long term financial commitment.
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u/Magister1995 Feb 11 '21
$44 fucking thousand!!!
What them put regulations on it across the globe, and it will drop just as quickly.
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u/Piyh Feb 11 '21
It's really hard to regulate something that determines ownership based on a private key. Determining who owns a wallet based off the transaction history is not an easy task, and if it does become easy there are alternative coins.
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u/BurstTheBubbles Feb 11 '21
It's really not when people rely on exchanges. Sure, you can keep everything anonymous while it's in bitcoin, but as soon as you want to get your money out and do something with it it becomes trivial to just block all exchanges and prevent banks from accepting payment from them unless they conform to your regulations. Of course you can use proxy banks and VPNs, but it'd still have a marked effect.
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u/Coz131 Feb 11 '21
It's already really regulated in many countries.
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u/Rhamni Feb 11 '21
Most of reddit hasn't really paid attention to crypto since it first made the rounds in the news when Wikileaks started accepting it to circumvent the VISA/Mastercard ban.
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u/Roadwarriordude Feb 11 '21
I remember a guy in wow I used to play with gave me 10 bitcoin for teaching him raid mechanics. I bought a gamestop gift card with it...
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u/stylebros Feb 11 '21
FML for not jumping in on these trends yeara ago.
Missed the boat in the beanie baby trade.
missed the boat in the fidget spinner craze.
missed the boat on bitcoin... tsla. gme.
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u/Jherik Feb 11 '21
yeah but noone remembers the things everyone hyped would be big than then never were.
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u/ThanIWentTooTherePig Feb 11 '21
I'm still holding Segway stocks in hopes that it turns around. Any day now.
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u/youareatrex Feb 11 '21
Oh wow. Source?
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u/Bobby-L4L Feb 11 '21
https://liquipedia.net/starcraft/AoV_iCCup_StarLeague
5-8th: Sziky, Kolll, Hejek, Jumper
I don't have any information on what any of them did with the BitCoins.
Sziky: At one point considered the best non-Korean Brood War player of all time. Doesn't speak much English, had a long period of inactivity.
Kolll: Was a young up-and-comer; went from being trash tier to being an upper-level non-Korean player in the span of 3 months. Retired as of now.
Hejek: Don't know anything about this player, does not have a Wiki link.
Jumper: Still occasionally forum active IIRC, would be the best bet for finding out what happened to their bitcoins.
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u/lambofgun Feb 11 '21
“and lamb of gun has begun marching his SCV’s directly into the line of fire outside of xxPSSYDSTRYR69_420xx’s protoss base, an interesting tactic cotton what do you think!?”
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u/TeamLiquid_ Feb 11 '21 edited Feb 11 '21
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u/hikaro22 Feb 11 '21
Every day, the wound of selling 2k Bitcoin back in college when they reached $5 grows. I swore they would never go higher 😭😭😭
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u/Bo7a Feb 11 '21
I gave away 5million dogecoins over the period of the original hype. I was mining super early and loved the idea of giving away pennies that made people smile.
That doge would be worth 350k USD today...
Not sure how I feel about that.
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u/hikaro22 Feb 11 '21
Same! I suppose this will be my version of grandpa saying "I almost invested in Apple/Google/Microsoft"
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u/Imispellalot Feb 11 '21
The fight for the 4th place.
Please I insist.
No no. You deserve it more.
No, please take the lead.....
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u/stratusncompany Feb 11 '21
i hear so much talk about people owning bitcoins but no one ever actually has any. everyone should be rich the way people talk about it.
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u/vidrageon Feb 11 '21
I had a guildmate in wow who was an early Bitcoin adopter, and managed to eventually work on mining Bitcoin full time with several computers running round the clock. His job was essentially maintenance and planning sales. He was definitely very happy in 2017 and went on a holiday, which happened to coincide with when the currency crashed then. I assume he’s still mining Bitcoin, as I’ve subsequently quit wow, and is doing swimmingly.
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u/GauchoFromLaPampa Feb 11 '21
As far as i know mining bitcoin is not very lucrative anymore unless you have a huge amount of computers mining, like those chinese farms.
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u/MexicanGuey Feb 11 '21
That's because most people who had thousands of bitcoins sold when it was a few hundred dollars. There was no telling how much it would be worth today. I mean if you bought $500 of bitcoin in 2011, and your salary was 30k/year and your coins were worth 150k a couple of years later. Would you hold with no guaranteed it will rise or sell and use that money to change your life? I would have sold a long time ago and so would 99% of the bitcoin holders.
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u/A_Two_Slot_Toaster Feb 11 '21
This is like a Mario Party Bowser reverse minigame. First to lose wins!
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u/RadioJohnMisery Feb 11 '21
Not a day goes by without me fantasizing about what could have been
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u/MilkedMod Feb 11 '21 edited Feb 11 '21
u/fv7061 has provided this detailed explanation:
Is this explanation a genuine attempt at providing additional info or context? If it is please upvote this comment, otherwise downvote it.