Post
Topic
Board Bitcoin Discussion
Re: About people that bought too early [and lost them]
by
Kelvinid
on 28/01/2021, 23:04:46 UTC
This month that bitcoin has risen abruptly compared to the previous months, a lot of people have created new topics asking for help about their funds. For example this gentleman appeared out of nowhere after 9 years that had bought bitcoins and created a new thread, explaining that he found a paper wallet that was damaged in his closet. And now I'm asking myself, why now? Let's assume that he had bought 100 bitcoins in 2012. By 2016, he would have a great fortune. By the end of 2017 an even bigger.

Don't they read the news? Because if I had bought that amount of coins a decade ago, I'm sure that I'd see out of curiosity how well it has gone. Since the paper wallet was in his closet, it means that he didn't care that much.

Another bad example is this thread in which iwoswinvs (who is probably a liar) announces on a forum that he owns 50,000 bitcoins. I think there are more people like the first one, though.
Anyway, I don't believe their stories, they are only in the hype. If people will think that it real and they are telling the truth, I really don't think about it. Because there is no reason why you will forget your investment and then you can just remember at this time, a thing to be ridiculous and obviously pretty lies.

It possible that there are a lot of lost bitcoins but I don't think it can be of this amount hold by a single person. Usually, it happens that they lost their private keys, abandoned wallet address,  stuck on the exchanges, and etc...