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Guy puts live savings and son's college fund into MtGox

*life http://www.reddit.com/r/Bitcoin/comments/1yv26o/gox...
Motley Becky
  02/25/14
That's a lot of money, breh. Guess your 5 year old is just g...
Fiercely-loyal stage juggernaut
  02/25/14
How does that guy have a higher net worth than everyone on t...
flickering jap
  02/25/14
*did*
irradiated institution genital piercing
  02/25/14
Not anymore.
bipolar learning disabled background story
  02/25/14
Lol, it's still bigger than mine.
Chrome gaped organic girlfriend
  02/25/14
post links. these people got so caught up in the dream of e...
irradiated institution genital piercing
  02/25/14
http://www.reddit.com/r/Bitcoin/comments/1yv26o/gox_horror_s...
Motley Becky
  02/25/14
this is way beyond the typical idiocy of the bitcoin specula...
Mewling Whorehouse
  02/25/14
...
godcow
  04/24/26
How does someone have $350,000 and not read up on paper wall...
Green floppy tanning salon brethren
  02/25/14
But bitcoin was going to the moon
bipolar learning disabled background story
  02/25/14
Send me a $50,000 cashier's check and I'll get it all back f...
Fiercely-loyal stage juggernaut
  02/25/14
of all the things to be mournful about, a fucking college fu...
Talented corn cake
  02/25/14
what is life without an expensive private university educati...
Cerebral Fishy Clown
  02/25/14
"this is prolly a boon for the kid as it will motivate ...
Motley Becky
  02/25/14
Yeah, even in the pre-PAYE world that would've been a retard...
glittery twinkling stain plaza
  02/26/14
the first two sentences were correct, though
Indecent Parlor
  02/26/14
I just read through the comments. Looks more like his life s...
bipolar learning disabled background story
  02/25/14
i figured so much. a bunch of unrealized gains. still, he ...
irradiated institution genital piercing
  02/25/14
a person with 35K in lifetime savings should not be involved...
Brindle beady-eyed son of senegal
  02/25/14
speculative bets are fine, but dude should have limited this...
irradiated institution genital piercing
  02/25/14
Agreed
bipolar learning disabled background story
  02/25/14
ah, then it's just flame. it was worded stupidly in order to...
Indecent Parlor
  02/26/14
180
milky nudist range macaca
  02/25/14
back when bitcoins were underground and hadn't been talked a...
Azure low-t hissy fit box office
  02/25/14
pennies, back in the day
Brindle beady-eyed son of senegal
  02/25/14
180 moniker
Azure low-t hissy fit box office
  02/25/14
seconded
Sepia erotic new version
  02/25/14
pennies then dollars
bateful brunch
  02/25/14
One year ago I was thinking about buying a Macbook Pro from ...
Slippery Business Firm Cuck
  02/25/14
so his kid goes to state school/gets financial aid and schol...
demanding library kitty cat
  02/25/14
Kid is 5, there is plenty of time to save for college still.
Judgmental Dragon University
  02/25/14
Still time to "maek it"
vibrant principal's office sweet tailpipe
  02/25/14
the real tragedy for this kid is that his father is such a ...
irradiated institution genital piercing
  02/25/14
Probably bullshit looking for smpathy handouts
lime adventurous point
  02/25/14
I can see the Kickstarter page now...
jet-lagged seedy ticket booth dog poop
  02/25/14
Tree fiddy
Alcoholic karate
  02/25/14
...
which is what makes time travel possible
  04/24/26
Well on the plus side he would theoretically have like 30 mi...
345
  04/24/26


Poast new message in this thread



Reply Favorite

Date: February 25th, 2014 9:12 PM
Author: Motley Becky

*life

http://www.reddit.com/r/Bitcoin/comments/1yv26o/gox_horror_story_thread_how_much_did_you_lose/cfo57gh

I want to start off by saying that I've been waiting for this moment for a while. I knew it was bound to happen sooner or later, as soon as we weren't able to withdraw our coins from Mt. Gox weeks ago. I stupidly had my life's savings in bitcoin, and when the price started to fall, I converted to dollars and watched the price plummet. I lost $357,000. Not to try to earn a bunch of sympathy or anything but this was not only my money but it was going to be my 5 year old son's education fund which i took out of fidelity about 1 year ago to mess with bitcoins. I dont know what the fuck to do any more. I'm sitting here on reddit looking for comfort or just something but I don't know what I'm going to do now at all. I don't have shit to live for any more and the only thing I have left is just talking about it here I guess. I can't express what I'm feeling right now. THat shit was just sitting there and I couldn't take it out how could this whole shop just pack up and dissapear? I don't know if anyone here knows the facts or whats going on but I want to or if you have any slighest shred of evidence that its possible they arent really gone please et me know here. if im never going to see my money again all of it im going to either kill myself which i dont want to do because i want to live even though i have nothing to live for now, except my son who is now completely fucked

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25087883)



Reply Favorite

Date: February 25th, 2014 9:14 PM
Author: Fiercely-loyal stage juggernaut

That's a lot of money, breh. Guess your 5 year old is just gonna have to bootstrap it.

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25087899)



Reply Favorite

Date: February 25th, 2014 9:15 PM
Author: flickering jap

How does that guy have a higher net worth than everyone on this board?

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25087903)



Reply Favorite

Date: February 25th, 2014 9:16 PM
Author: irradiated institution genital piercing

*did*

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25087916)



Reply Favorite

Date: February 25th, 2014 9:16 PM
Author: bipolar learning disabled background story

Not anymore.

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25087920)



Reply Favorite

Date: February 25th, 2014 9:22 PM
Author: Chrome gaped organic girlfriend

Lol, it's still bigger than mine.

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25087973)



Reply Favorite

Date: February 25th, 2014 9:16 PM
Author: irradiated institution genital piercing

post links. these people got so caught up in the dream of easy money that they were just idiots about it. suckers, every one of them. I understand losing a few thousand, maybe even more, but i have no sympathy for anyone who lost more than maybe 5% of their net worth on something so speculative.

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25087915)



Reply Favorite

Date: February 25th, 2014 9:17 PM
Author: Motley Becky

http://www.reddit.com/r/Bitcoin/comments/1yv26o/gox_horror_story_thread_how_much_did_you_lose/cfo57gh

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25087927)



Reply Favorite

Date: February 25th, 2014 9:20 PM
Author: Mewling Whorehouse

this is way beyond the typical idiocy of the bitcoin speculators. this dumb fucker kept his fortune stored on an exchange, which there is no good reason to do and exposes you to a huge additional risk.

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25087956)



Reply Favorite

Date: April 24th, 2026 2:05 PM
Author: godcow



(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#49839961)



Reply Favorite

Date: February 25th, 2014 9:16 PM
Author: Green floppy tanning salon brethren

How does someone have $350,000 and not read up on paper wallets or how Mt. Gox was shady as fuck for YEARS before this happened?

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25087917)



Reply Favorite

Date: February 25th, 2014 9:17 PM
Author: bipolar learning disabled background story

But bitcoin was going to the moon

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25087922)



Reply Favorite

Date: February 25th, 2014 9:17 PM
Author: Fiercely-loyal stage juggernaut

Send me a $50,000 cashier's check and I'll get it all back for you. ALL OF IT

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25087926)



Reply Favorite

Date: February 25th, 2014 9:18 PM
Author: Talented corn cake

of all the things to be mournful about, a fucking college fund is not one. it's easy to put yourself through college if you're halfway smart and get scholarships. in fact, this is prolly a boon for the kid as it will motivate him to work hard instead of sitting on his ass.

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25087933)



Reply Favorite

Date: February 25th, 2014 9:19 PM
Author: Cerebral Fishy Clown

what is life without an expensive private university education?

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25087946)



Reply Favorite

Date: February 25th, 2014 9:20 PM
Author: Motley Becky

"this is prolly a boon for the kid as it will motivate him to work hard instead of sitting on his ass."

lol, tyft

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25087951)



Reply Favorite

Date: February 26th, 2014 1:02 PM
Author: glittery twinkling stain plaza

Yeah, even in the pre-PAYE world that would've been a retarded statement, but now...

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25091625)



Reply Favorite

Date: February 26th, 2014 1:06 PM
Author: Indecent Parlor

the first two sentences were correct, though

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25091652)



Reply Favorite

Date: February 25th, 2014 9:21 PM
Author: bipolar learning disabled background story

I just read through the comments. Looks more like his life savings was like $35K and he invested in bitcoin a year ago. So the 350k number is more like his paper earnings.

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25087957)



Reply Favorite

Date: February 25th, 2014 9:31 PM
Author: irradiated institution genital piercing

i figured so much. a bunch of unrealized gains. still, he lost the $35k he invested, and still, he probably should not have invested more that a couple thousand into something so risky.

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25088041)



Reply Favorite

Date: February 25th, 2014 9:33 PM
Author: Brindle beady-eyed son of senegal

a person with 35K in lifetime savings should not be involved in currency speculation, let alone speculating in an unregulated crypto digital currency.

jfc. these people are fools.

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25088064)



Reply Favorite

Date: February 25th, 2014 9:42 PM
Author: irradiated institution genital piercing

speculative bets are fine, but dude should have limited this to 5%-10% of his savings.

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25088137)



Reply Favorite

Date: February 25th, 2014 9:33 PM
Author: bipolar learning disabled background story

Agreed

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25088068)



Reply Favorite

Date: February 26th, 2014 1:08 PM
Author: Indecent Parlor

ah, then it's just flame. it was worded stupidly in order to get people talking.

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25091659)



Reply Favorite

Date: February 25th, 2014 9:24 PM
Author: milky nudist range macaca

180

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25087988)



Reply Favorite

Date: February 25th, 2014 9:33 PM
Author: Azure low-t hissy fit box office

back when bitcoins were underground and hadn't been talked about in mainstream media, how much were they worth? like, I know they were used to buy drugs and shit, so based on that, what kind of value are we talking?

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25088062)



Reply Favorite

Date: February 25th, 2014 9:33 PM
Author: Brindle beady-eyed son of senegal

pennies, back in the day

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25088073)



Reply Favorite

Date: February 25th, 2014 10:00 PM
Author: Azure low-t hissy fit box office

180 moniker

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25088304)



Reply Favorite

Date: February 25th, 2014 10:07 PM
Author: Sepia erotic new version

seconded

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25088332)



Reply Favorite

Date: February 25th, 2014 9:49 PM
Author: bateful brunch

pennies then dollars

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25088200)



Reply Favorite

Date: February 25th, 2014 11:48 PM
Author: Slippery Business Firm Cuck

One year ago I was thinking about buying a Macbook Pro from a gray market seller off deep web. He quoted me a price of 45 bitcoins and said we could also do escrow for 750 bucks. So at this time last year they were worth ~18 dollars.

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25089141)



Reply Favorite

Date: February 25th, 2014 9:33 PM
Author: demanding library kitty cat

so his kid goes to state school/gets financial aid and scholarships/takes out loans. boo hoo. learn from your mistake and move on.

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25088063)



Reply Favorite

Date: February 25th, 2014 9:34 PM
Author: Judgmental Dragon University

Kid is 5, there is plenty of time to save for college still.

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25088081)



Reply Favorite

Date: February 25th, 2014 9:41 PM
Author: vibrant principal's office sweet tailpipe

Still time to "maek it"

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25088134)



Reply Favorite

Date: February 25th, 2014 9:43 PM
Author: irradiated institution genital piercing

the real tragedy for this kid is that his father is such a sucker.

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25088143)



Reply Favorite

Date: February 25th, 2014 9:43 PM
Author: lime adventurous point

Probably bullshit looking for smpathy handouts

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25088147)



Reply Favorite

Date: February 25th, 2014 9:59 PM
Author: jet-lagged seedy ticket booth dog poop

I can see the Kickstarter page now...

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25088296)



Reply Favorite

Date: February 25th, 2014 10:59 PM
Author: Alcoholic karate

Tree fiddy

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#25088723)



Reply Favorite

Date: April 24th, 2026 2:01 PM
Author: which is what makes time travel possible



(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#49839959)



Reply Favorite

Date: April 24th, 2026 2:05 PM
Author: 345 (🧐)

Well on the plus side he would theoretically have like 30 million dollars today, if he hadn't gotten robbed.

(http://www.autoadmit.com/thread.php?thread_id=2503819&forum_id=2...id#49839964)