Guy Loses $500k in BTC mistake



ouchy ouch!

Thats more than enough BTC to order enough supplies from Agora to kill a few entire African countries.

https://blockchain.info/tx/4c1c085b39a64bcbdc8e651d5ffc3cddbb212d43c455c14d652c4600aa751fd6

I have no idea what that guy was trying to do in order to fuck up that huge. Seems like its an older person who barely knows how to work BTC yet owns a shit ton. c'est la vie.

I would fly to Japan and stalk Kraples over a 533k USD mistake//loss.
 
OUCH.

Holy shit people need to be more careful than that.

How the fuck can someone appreciate bitcoin enough to have half a million dollars in it and then treat the sending process so flippantly?

He's not old... He was stoned off his gourd.
 
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An interesting thread op but:

I believe this Even less than I believed that grunin character actually put up 10K to lose virtually overnight. And I didn't believe that bullshit for a NY minute.
 
While we're on the topic, how important is choosing your own password for you guys? You get to choose your own account password, and that's fine, but a separate "funds security" password / key?

If you signed up for a wallet service, how would you feel instead of choosing your own wallet password, it just gave you a couple massive chunks of text (one main, one backup)? And maybe allow you to download some QR code images with that data in them? Then when you want to conduct a send, you either have to copy & paste that block of text, or upload one of the QR code images?

And if wanted, you could have your own chosen password attached to those text chunks / QR codes as well too. So when you want to send funds, it will prompt you for your own chosen password, plus as you to upload a QR code image and/or copy & paste a key?

Would that be viewed as completely unacceptable, a great & more secure way to do things, or? Honestly, letting you choose your own password and that's it, is far more insecure, as it basically eliminates the possibility of using SSSS.
 
An interesting thread op but:

I believe this Even less than I believed that grunin character actually put up 10K to lose virtually overnight. And I didn't believe that bullshit for a NY minute.

I'm not an expert on this stuff, but apparently someone asked him to sign the transaction (in the reddit thread) to prove it was his transaction and he was able to do it.
 
Edit: Definitely a Mt Gox account so I'm trying to get a hold of them. As this was clearly an accident and not a deposit I would appreciate my errantly sent bitcoins back.
Many thanks to /u/throwaway43572 [2]
Thanks for your understanding everyone, hopefully bitcoin can learn from my mistake.
Apple accepting bitcoin.... hell ya!

They figured out he sent the coins to MtGox by mistake not some random user.
 
This is proof that the people cannot handle a decentralized currency and we need the government to step in and help.