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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...
abusive carmine indian lodge juggernaut
  02/25/14
That's a lot of money, breh. Guess your 5 year old is just g...
plum racy bawdyhouse
  02/25/14
How does that guy have a higher net worth than everyone on t...
Hairless crimson nursing home
  02/25/14
*did*
naked coral athletic conference theater stage
  02/25/14
Not anymore.
Abnormal lettuce space
  02/25/14
Lol, it's still bigger than mine.
beady-eyed claret legal warrant
  02/25/14
post links. these people got so caught up in the dream of e...
naked coral athletic conference theater stage
  02/25/14
http://www.reddit.com/r/Bitcoin/comments/1yv26o/gox_horror_s...
abusive carmine indian lodge juggernaut
  02/25/14
this is way beyond the typical idiocy of the bitcoin specula...
Thriller Tank Location
  02/25/14
...
Puce Odious Market Ladyboy
  04/24/26
How does someone have $350,000 and not read up on paper wall...
Harsh university
  02/25/14
But bitcoin was going to the moon
Abnormal lettuce space
  02/25/14
Send me a $50,000 cashier's check and I'll get it all back f...
plum racy bawdyhouse
  02/25/14
of all the things to be mournful about, a fucking college fu...
big talking gaping
  02/25/14
what is life without an expensive private university educati...
Heady tantric house
  02/25/14
"this is prolly a boon for the kid as it will motivate ...
abusive carmine indian lodge juggernaut
  02/25/14
Yeah, even in the pre-PAYE world that would've been a retard...
Buff clown
  02/26/14
the first two sentences were correct, though
White bateful shitlib fanboi
  02/26/14
I just read through the comments. Looks more like his life s...
Abnormal lettuce space
  02/25/14
i figured so much. a bunch of unrealized gains. still, he ...
naked coral athletic conference theater stage
  02/25/14
a person with 35K in lifetime savings should not be involved...
Vibrant church building
  02/25/14
speculative bets are fine, but dude should have limited this...
naked coral athletic conference theater stage
  02/25/14
Agreed
Abnormal lettuce space
  02/25/14
ah, then it's just flame. it was worded stupidly in order to...
White bateful shitlib fanboi
  02/26/14
180
Razzle-dazzle orchid crotch
  02/25/14
back when bitcoins were underground and hadn't been talked a...
irradiated immigrant hominid
  02/25/14
pennies, back in the day
Vibrant church building
  02/25/14
180 moniker
irradiated immigrant hominid
  02/25/14
seconded
laughsome rigpig toilet seat
  02/25/14
pennies then dollars
fighting alpha corn cake
  02/25/14
One year ago I was thinking about buying a Macbook Pro from ...
Sinister indirect expression library
  02/25/14
so his kid goes to state school/gets financial aid and schol...
Dead center
  02/25/14
Kid is 5, there is plenty of time to save for college still.
Awkward nubile public bath
  02/25/14
Still time to "maek it"
lake haunted graveyard milk
  02/25/14
the real tragedy for this kid is that his father is such a ...
naked coral athletic conference theater stage
  02/25/14
Probably bullshit looking for smpathy handouts
comical deer antler
  02/25/14
I can see the Kickstarter page now...
insecure irate police squad
  02/25/14
Tree fiddy
sable metal private investor cuck
  02/25/14
...
Multi-colored Dun Pistol National
  04/24/26
Well on the plus side he would theoretically have like 30 mi...
Light greedy forum masturbator
  04/24/26


Poast new message in this thread



Reply Favorite

Date: February 25th, 2014 9:12 PM
Author: abusive carmine indian lodge juggernaut

*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=2E#25087883)



Reply Favorite

Date: February 25th, 2014 9:14 PM
Author: plum racy bawdyhouse

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=2E#25087899)



Reply Favorite

Date: February 25th, 2014 9:15 PM
Author: Hairless crimson nursing home

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=2E#25087903)



Reply Favorite

Date: February 25th, 2014 9:16 PM
Author: naked coral athletic conference theater stage

*did*

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



Reply Favorite

Date: February 25th, 2014 9:16 PM
Author: Abnormal lettuce space

Not anymore.

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



Reply Favorite

Date: February 25th, 2014 9:22 PM
Author: beady-eyed claret legal warrant

Lol, it's still bigger than mine.

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



Reply Favorite

Date: February 25th, 2014 9:16 PM
Author: naked coral athletic conference theater stage

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=2E#25087915)



Reply Favorite

Date: February 25th, 2014 9:17 PM
Author: abusive carmine indian lodge juggernaut

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=2E#25087927)



Reply Favorite

Date: February 25th, 2014 9:20 PM
Author: Thriller Tank Location

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=2E#25087956)



Reply Favorite

Date: April 24th, 2026 2:05 PM
Author: Puce Odious Market Ladyboy



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



Reply Favorite

Date: February 25th, 2014 9:16 PM
Author: Harsh university

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=2E#25087917)



Reply Favorite

Date: February 25th, 2014 9:17 PM
Author: Abnormal lettuce space

But bitcoin was going to the moon

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



Reply Favorite

Date: February 25th, 2014 9:17 PM
Author: plum racy bawdyhouse

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=2E#25087926)



Reply Favorite

Date: February 25th, 2014 9:18 PM
Author: big talking gaping

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=2E#25087933)



Reply Favorite

Date: February 25th, 2014 9:19 PM
Author: Heady tantric house

what is life without an expensive private university education?

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



Reply Favorite

Date: February 25th, 2014 9:20 PM
Author: abusive carmine indian lodge juggernaut

"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=2E#25087951)



Reply Favorite

Date: February 26th, 2014 1:02 PM
Author: Buff clown

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=2E#25091625)



Reply Favorite

Date: February 26th, 2014 1:06 PM
Author: White bateful shitlib fanboi

the first two sentences were correct, though

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



Reply Favorite

Date: February 25th, 2014 9:21 PM
Author: Abnormal lettuce space

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=2E#25087957)



Reply Favorite

Date: February 25th, 2014 9:31 PM
Author: naked coral athletic conference theater stage

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=2E#25088041)



Reply Favorite

Date: February 25th, 2014 9:33 PM
Author: Vibrant church building

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=2E#25088064)



Reply Favorite

Date: February 25th, 2014 9:42 PM
Author: naked coral athletic conference theater stage

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=2E#25088137)



Reply Favorite

Date: February 25th, 2014 9:33 PM
Author: Abnormal lettuce space

Agreed

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



Reply Favorite

Date: February 26th, 2014 1:08 PM
Author: White bateful shitlib fanboi

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=2E#25091659)



Reply Favorite

Date: February 25th, 2014 9:24 PM
Author: Razzle-dazzle orchid crotch

180

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



Reply Favorite

Date: February 25th, 2014 9:33 PM
Author: irradiated immigrant hominid

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=2E#25088062)



Reply Favorite

Date: February 25th, 2014 9:33 PM
Author: Vibrant church building

pennies, back in the day

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



Reply Favorite

Date: February 25th, 2014 10:00 PM
Author: irradiated immigrant hominid

180 moniker

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



Reply Favorite

Date: February 25th, 2014 10:07 PM
Author: laughsome rigpig toilet seat

seconded

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



Reply Favorite

Date: February 25th, 2014 9:49 PM
Author: fighting alpha corn cake

pennies then dollars

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



Reply Favorite

Date: February 25th, 2014 11:48 PM
Author: Sinister indirect expression library

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=2E#25089141)



Reply Favorite

Date: February 25th, 2014 9:33 PM
Author: Dead center

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=2E#25088063)



Reply Favorite

Date: February 25th, 2014 9:34 PM
Author: Awkward nubile public bath

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

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



Reply Favorite

Date: February 25th, 2014 9:41 PM
Author: lake haunted graveyard milk

Still time to "maek it"

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



Reply Favorite

Date: February 25th, 2014 9:43 PM
Author: naked coral athletic conference theater stage

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=2E#25088143)



Reply Favorite

Date: February 25th, 2014 9:43 PM
Author: comical deer antler

Probably bullshit looking for smpathy handouts

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



Reply Favorite

Date: February 25th, 2014 9:59 PM
Author: insecure irate police squad

I can see the Kickstarter page now...

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



Reply Favorite

Date: February 25th, 2014 10:59 PM
Author: sable metal private investor cuck

Tree fiddy

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



Reply Favorite

Date: April 24th, 2026 2:01 PM
Author: Multi-colored Dun Pistol National



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



Reply Favorite

Date: April 24th, 2026 2:05 PM
Author: Light greedy forum masturbator

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=2E#49839964)