Half a Billion in Bitcoin, Lost in the Dump

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D. T. Max reports on the misfortune of James Howells, a Welshman who, in 2013, accidentally tossed out a hard drive that held 8,000 bitcoins. Today, they’re worth half a billion dollars—and buried under a heap of trash.

. Across the Internet, commenters generally did not take a sympathetic view of Howells’s situation. “Your loss fool,” a poster on the Web site WalesOnline declared. “This is the ultimate definition of a ‘Loser,’ ” another wrote, adding, “Wondering how this guy even survived into adulthood.”

Earlier this fall, I went to see Howells in Newport. We had been talking and texting for nearly a year, mostly on the messaging app Telegram. He had been by turns evasive and defensive, often coming across as an unyielding cyber libertarian. Tech shaped his world view. At one point, I asked him what he thought about the still novelvaccines. He replied, “Something I’ve learnt from IT world . . . don’t ever get the first version.

We next went on a tour of Newport, and he told me about the city’s history of finding lost objects, a topic on which he was very well informed. As we drove across the River Usk, he mentioned that, in 2002, while the city was building a new arts center along its banks, workers had dug up a fifteenth-century Iberian sailing ship. The next day, we visited the local antiquities museum, where he showed me a cooking pot, likely belonging to a Roman soldier, that had been buried in a nearby field.

After our visit to the dump, Howells invited me to his house, so that I could see a PowerPoint presentation he’d delivered, on Zoom, to the Newport officials. His project, he told me, was budgeted at five million pounds, but “there is scope for additional funding.” He calculated that a crew of twenty-five could complete the job in nine months to a year. As he spoke, his dog, Ruby, ran back and forth at our feet.

 

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Actually now valued around 170 million. The 500 million figure was the day in Oct. 2021 that the writer interviewed Howells. Things move fast in cryptoland!

Makes Elon look tame.

A really crazy story.

Ha!

Three years ago I lost an envelope with $1800 cash somewhere between the car and the front door and I’m still not over it.

That dump is going to be swarmed with people now. This will be the new Forrest Fenn treasure hunt.

HA.HA.

Never throw away a hard drive

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Didn't this happen to someone else a couple of years ago? I mean if this is how you make your money. Maybe secure them things

When do you stop ventilating months old news like this that have no relevance at all?

How the fuck do you accidentally throw out a hard drive?

haha

Amazing

👎🏽

I'll stick to cash.

why bother? it's not like he'd be able to offload them without causing a massive dip in the price while doing so

He's a modern day Ahab. The bitcoin are his white whale.

Trauma - takes me back to losing my computer and hard drives back in 2015. Luckily no bitcoin.

Why do people invest in such a risky thing? I don’t get it.

Pretty sure I bought a bitcoin or a handful long ago, for the novelty. Price of $8 sticks in my mind. Got to look for ‘em sometime.

KILLCRYPTO

The writers of this computer simulation we're *living* in are teh suck.

He never lost half a billion, let’s get real!

! Helpp!!!! I Need 100 $ Emergency PayPal hollandfrance33hotmail.com

Seems like a great lesson on just one reason to avoid crypto.

Are we gonna see this guys story every few years whenever the Bitcoin price goes up? Or I guess at this point, doesn't go up?

Gotta love it

Me, a guy who *never* throws away any computer parts, broken or no: LOL.

'One opportunity can change your life. One mistake can destroy it.'

ouch

LOL I'm bookmarking this only so I can come back and read the comments later. 🤣

Read this with horror. It must be driving him mad - what an awful fate

It hurts knowing this.

The terribleness of a fate discarded here is almost too much.

And we thank him for his donation.

This story is over a year old 😂😂

Old news guys

Happens to me all the time, with my check book. Not, losers.

A country has adopted Bitcoin as legal tender and is using it to bootstrap the formation of a local 21st century economy, but you choose to run a story about a guy who lost a hard drive . . .

My kid found my old binance account I had funded with $500 in 2017. Had enough BNB to be worth$1.2 mil at max value.

Bullish Bitcoin

Same thing with me. Lost over $2bn in Bitcoins. I was planning to donate that to Covid Research.

It's an old story, please!

Ozymandias

That's very funny.

rafaelwarren

excellent work. dunno why he blamed his bird though it was just as much his fault.

This is a Big Bang episode, isn’t it

You all should follow Edmo360 he knows his stuff when it come to Bitcoin, his tweets and tips have been really helpful in the space I just feel like this is a time to get bullish on BTC , I believe 2022 could be very well the year where $BTC will show it’s true potential.

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