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Re: I Lost Everything From Mt.Gox's Bankruptcy
by
TheFootMan
on 05/03/2014, 21:16:00 UTC
     To begin this, I'm a 59 year old dad of 4 wonderful children(3 boys 1 daughter). I worked as a Firefighter for more than 20 years, and for he last few, I've been a Janitor in a high school in South Carolina. About a year ago I discovered Bitcoin, after hearing about it on the News one day, and from that moment I became hooked on this radical new thing. Where I can store my money because as many of you here are, I'm worriesome of the price of the Dollar eventually crashing and naturally worried of the U.S Government as well(Though I don't oppose Governments entirely) In December of 2013, I exchanged most of my 401k(My retirement fund) as well as most of my savings, into Bitcoin. That was over $400,000 or around 600 Bitcoin at the time. I believed Bitcoin was the future of all currencies and was set to replace the U.S Dollar following it's inevitable crash. As a IDIOT(I'm punching myself with my left hand as I type)
     I kept most of my Bitcoins in Mt.Gox, hoping to sell them off at a high price and then buy them again at a low price, buy low, sell high. What I didn't know, was that 750,000 Bitcoins were stolen from Mt.Mt. Gox(I'm guessing mine is among those), and even when Mt.Gox halted withdrawals, I remained optimistic that everything would be resolved soon, as Mt.Gox went through previous issues before and everything turned out fine. What I didn't know was that Mt. Gox would go bankrupt, the day I read that the exchange fell was the day I cried like never before. I still haven't told my wife or children, I'm too embarrassed. My retirement is out the window, My life is out the window.

Out of sheer desperation have I posted this, Thank you so much.

My Bitcoin Address: *Removed by moderation team*
"Yes I do have a house, a wife, and kids. For most of my life I've saved up that money, and then in a few days it was gone."

What kind of lowlifes do these kind of scams?