The Bitcoin man
Discussion
https://www.bbc.co.uk/news/articles/cj3eg3n11gvo
According to this he claimed he lost 8000 Bitcoins in 2013.
According to Google they were worth around £150 approx back then.
So:- 8000 x £150 is.....quite a lot.
Anyone believe this? (Not saying it isn't true)
According to this he claimed he lost 8000 Bitcoins in 2013.
According to Google they were worth around £150 approx back then.
So:- 8000 x £150 is.....quite a lot.
Anyone believe this? (Not saying it isn't true)
Edited by Wacky Racer on Monday 10th February 12:20
king on about it for years.This has been going on for a while... seems nuts.
What are the odds of getting consent to dig up the landfill?
What are the odds of actually locating the hard disk?
What are the odds of that hard disk being in a readable condition?
This chap seems to be in denial and perhaps should seek phycological help.
What are the odds of getting consent to dig up the landfill?
What are the odds of actually locating the hard disk?
What are the odds of that hard disk being in a readable condition?
This chap seems to be in denial and perhaps should seek phycological help.
If he was an early miner it would've been very possible to create that many coins.
Hard to sympathise with someone who didn't back them up. I still have twenty year old wifi passwords in .txt files.
8000 coins in 2013 was a substantial amount, let alone now.
There's a million billion regulations around landfill which means he'll never get his day in court, or muck.
If it could be found it should be fully recoverable. The only bit that needs to survive is the drive platters and they'll be sealed and there may not be much pressure on the case.
Hard to sympathise with someone who didn't back them up. I still have twenty year old wifi passwords in .txt files.
8000 coins in 2013 was a substantial amount, let alone now.
There's a million billion regulations around landfill which means he'll never get his day in court, or muck.
tegwin said:
What are the odds of actually locating the hard disk?
What are the odds of that hard disk being in a readable condition?
There'll be a sector allocated to the time it was picked up. It won't be a total guess. What are the odds of that hard disk being in a readable condition?
If it could be found it should be fully recoverable. The only bit that needs to survive is the drive platters and they'll be sealed and there may not be much pressure on the case.
This article has an interview from twelve years ago where he seems a lot more resigned to his fate, although back then it was only worth £4m.
https://www.bbc.co.uk/news/uk-wales-south-east-wal...
I'm sure there's a legal thing that as soon as the council pick up rubbish or deposit it in landfill it doesn't belong to the owner anymore, so maybe they have secret scuba cavers that are searching the landfill from the bottom up....
https://www.bbc.co.uk/news/uk-wales-south-east-wal...
I'm sure there's a legal thing that as soon as the council pick up rubbish or deposit it in landfill it doesn't belong to the owner anymore, so maybe they have secret scuba cavers that are searching the landfill from the bottom up....
bloomen said:
If it could be found it should be fully recoverable. The only bit that needs to survive is the drive platters and they'll be sealed and there may not be much pressure on the case.
I don't think spinning rust HHDs are sealed are they? There's a pressure equalising hole with very fine filter to stop the case deforming with changes in external pressure. Mr Pointy said:
I don't think spinning rust HHDs are sealed are they? There's a pressure equalising hole with very fine filter to stop the case deforming with changes in external pressure.
Indeed, but it'll be in a bag and will probably be surrounded by dry waste. Maybe some appetising juices will be swirling around by now. You can't blame the guy for trying, when there's that much money at stake.
I wonder who his 'investors' are though and what he has to convince them this is not all a pot of gold at the end of a rainbow.
Even if the council do sell him the land, I would imagine that the serious legislation surrounding landfill which prevents him from searching it now would still be applied post-sale.
I wonder who his 'investors' are though and what he has to convince them this is not all a pot of gold at the end of a rainbow.
Even if the council do sell him the land, I would imagine that the serious legislation surrounding landfill which prevents him from searching it now would still be applied post-sale.
nuyorican said:
To be honest, It does seem to be a case of council just being obstinate for the hell of it.
It's likely exceedingly easy to underestimate the humongous weight of regulation that'll surround something like landfill. Even if they were massively on board their hands might be 100% tied.
But it's a council so they won't ever be.
nuyorican said:
To be honest, It does seem to be a case of council just being obstinate for the hell of it. I thought they were hard-up these days? I'm surprised they've not offered to split the proceeds on successful recovery and lower everyone's council-tax bills in the area as a result. But no.
Exactly - they could open it up to the local community for a family weekend, let the kids bring their buckets and spades, everyone have a dig-around, couple of deckchairs and some wind breaks. Could call it Newport-Upon-Methane.bloomen said:
nuyorican said:
To be honest, It does seem to be a case of council just being obstinate for the hell of it.
It's likely exceedingly easy to underestimate the humongous weight of regulation that'll surround something like landfill. Even if they were massively on board their hands might be 100% tied.
Landfill is landfill for a reason. Regulatory nightmare. You can't just allow third parties in on a treasure hunt.
I'm surprised he hasn't offered to buy the contents of the landfill to transport it to another place and search it there. Perhaps he has and that's a no-go too.
Muzzer79 said:
You can't blame the guy for trying, when there's that much money at stake.
I wonder who his 'investors' are though and what he has to convince them this is not all a pot of gold at the end of a rainbow.
Even if the council do sell him the land, I would imagine that the serious legislation surrounding landfill which prevents him from searching it now would still be applied post-sale.
Do it and pay the fine after the fact probably. He'd have the money for it! If he found it that is, and still able to be read, which seems of microscopically slim chance.I wonder who his 'investors' are though and what he has to convince them this is not all a pot of gold at the end of a rainbow.
Even if the council do sell him the land, I would imagine that the serious legislation surrounding landfill which prevents him from searching it now would still be applied post-sale.
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