\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

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

*life http://www.reddit.com/r/Bitcoin/comments/1yv26o/gox...
jade mind-boggling trump supporter abode
  02/25/14
That's a lot of money, breh. Guess your 5 year old is just g...
Jet area
  02/25/14
How does that guy have a higher net worth than everyone on t...
aromatic forum
  02/25/14
*did*
Mischievous Jew Parlor
  02/25/14
Not anymore.
stirring opaque senate dingle berry
  02/25/14
Lol, it's still bigger than mine.
comical nursing home
  02/25/14
post links. these people got so caught up in the dream of e...
Mischievous Jew Parlor
  02/25/14
http://www.reddit.com/r/Bitcoin/comments/1yv26o/gox_horror_s...
jade mind-boggling trump supporter abode
  02/25/14
this is way beyond the typical idiocy of the bitcoin specula...
godawful useless brakes lodge
  02/25/14
...
Mentally impaired angry scourge upon the earth
  04/24/26
How does someone have $350,000 and not read up on paper wall...
Abusive Sanctuary Sound Barrier
  02/25/14
But bitcoin was going to the moon
stirring opaque senate dingle berry
  02/25/14
Send me a $50,000 cashier's check and I'll get it all back f...
Jet area
  02/25/14
of all the things to be mournful about, a fucking college fu...
Naked Corner Liquid Oxygen
  02/25/14
what is life without an expensive private university educati...
Galvanic umber university
  02/25/14
"this is prolly a boon for the kid as it will motivate ...
jade mind-boggling trump supporter abode
  02/25/14
Yeah, even in the pre-PAYE world that would've been a retard...
Big boiling water
  02/26/14
the first two sentences were correct, though
Coral psychic
  02/26/14
I just read through the comments. Looks more like his life s...
stirring opaque senate dingle berry
  02/25/14
i figured so much. a bunch of unrealized gains. still, he ...
Mischievous Jew Parlor
  02/25/14
a person with 35K in lifetime savings should not be involved...
Lemon Tripping Plaza Fat Ankles
  02/25/14
speculative bets are fine, but dude should have limited this...
Mischievous Jew Parlor
  02/25/14
Agreed
stirring opaque senate dingle berry
  02/25/14
ah, then it's just flame. it was worded stupidly in order to...
Coral psychic
  02/26/14
180
Chocolate Coiffed Home Cuck
  02/25/14
back when bitcoins were underground and hadn't been talked a...
Charismatic Dark Locale People Who Are Hurt
  02/25/14
pennies, back in the day
Lemon Tripping Plaza Fat Ankles
  02/25/14
180 moniker
Charismatic Dark Locale People Who Are Hurt
  02/25/14
seconded
cerebral geriatric stag film
  02/25/14
pennies then dollars
cracking sexy piazza old irish cottage
  02/25/14
One year ago I was thinking about buying a Macbook Pro from ...
sinister fantasy-prone ladyboy
  02/25/14
so his kid goes to state school/gets financial aid and schol...
Curious alcoholic set persian
  02/25/14
Kid is 5, there is plenty of time to save for college still.
Topaz doobsian filthpig yarmulke
  02/25/14
Still time to "maek it"
Heady brindle national idiot
  02/25/14
the real tragedy for this kid is that his father is such a ...
Mischievous Jew Parlor
  02/25/14
Probably bullshit looking for smpathy handouts
Zippy business firm azn
  02/25/14
I can see the Kickstarter page now...
Demanding Razzmatazz Toaster Kitchen
  02/25/14
Tree fiddy
Cordovan multi-colored rigor keepsake machete
  02/25/14
...
Carmine Rebellious Dysfunction
  04/24/26
Well on the plus side he would theoretically have like 30 mi...
razzle bbw
  04/24/26


Poast new message in this thread



Reply Favorite

Date: February 25th, 2014 9:12 PM
Author: jade mind-boggling trump supporter abode

*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=2id.#25087883)



Reply Favorite

Date: February 25th, 2014 9:14 PM
Author: Jet area

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=2id.#25087899)



Reply Favorite

Date: February 25th, 2014 9:15 PM
Author: aromatic forum

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=2id.#25087903)



Reply Favorite

Date: February 25th, 2014 9:16 PM
Author: Mischievous Jew Parlor

*did*

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



Reply Favorite

Date: February 25th, 2014 9:16 PM
Author: stirring opaque senate dingle berry

Not anymore.

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



Reply Favorite

Date: February 25th, 2014 9:22 PM
Author: comical nursing home

Lol, it's still bigger than mine.

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



Reply Favorite

Date: February 25th, 2014 9:16 PM
Author: Mischievous Jew Parlor

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=2id.#25087915)



Reply Favorite

Date: February 25th, 2014 9:17 PM
Author: jade mind-boggling trump supporter abode

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=2id.#25087927)



Reply Favorite

Date: February 25th, 2014 9:20 PM
Author: godawful useless brakes lodge

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=2id.#25087956)



Reply Favorite

Date: April 24th, 2026 2:05 PM
Author: Mentally impaired angry scourge upon the earth



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



Reply Favorite

Date: February 25th, 2014 9:16 PM
Author: Abusive Sanctuary Sound Barrier

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=2id.#25087917)



Reply Favorite

Date: February 25th, 2014 9:17 PM
Author: stirring opaque senate dingle berry

But bitcoin was going to the moon

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



Reply Favorite

Date: February 25th, 2014 9:17 PM
Author: Jet area

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=2id.#25087926)



Reply Favorite

Date: February 25th, 2014 9:18 PM
Author: Naked Corner Liquid Oxygen

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=2id.#25087933)



Reply Favorite

Date: February 25th, 2014 9:19 PM
Author: Galvanic umber university

what is life without an expensive private university education?

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



Reply Favorite

Date: February 25th, 2014 9:20 PM
Author: jade mind-boggling trump supporter abode

"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=2id.#25087951)



Reply Favorite

Date: February 26th, 2014 1:02 PM
Author: Big boiling water

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=2id.#25091625)



Reply Favorite

Date: February 26th, 2014 1:06 PM
Author: Coral psychic

the first two sentences were correct, though

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



Reply Favorite

Date: February 25th, 2014 9:21 PM
Author: stirring opaque senate dingle berry

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=2id.#25087957)



Reply Favorite

Date: February 25th, 2014 9:31 PM
Author: Mischievous Jew Parlor

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=2id.#25088041)



Reply Favorite

Date: February 25th, 2014 9:33 PM
Author: Lemon Tripping Plaza Fat Ankles

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=2id.#25088064)



Reply Favorite

Date: February 25th, 2014 9:42 PM
Author: Mischievous Jew Parlor

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=2id.#25088137)



Reply Favorite

Date: February 25th, 2014 9:33 PM
Author: stirring opaque senate dingle berry

Agreed

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



Reply Favorite

Date: February 26th, 2014 1:08 PM
Author: Coral psychic

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=2id.#25091659)



Reply Favorite

Date: February 25th, 2014 9:24 PM
Author: Chocolate Coiffed Home Cuck

180

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



Reply Favorite

Date: February 25th, 2014 9:33 PM
Author: Charismatic Dark Locale People Who Are Hurt

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=2id.#25088062)



Reply Favorite

Date: February 25th, 2014 9:33 PM
Author: Lemon Tripping Plaza Fat Ankles

pennies, back in the day

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



Reply Favorite

Date: February 25th, 2014 10:00 PM
Author: Charismatic Dark Locale People Who Are Hurt

180 moniker

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



Reply Favorite

Date: February 25th, 2014 10:07 PM
Author: cerebral geriatric stag film

seconded

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



Reply Favorite

Date: February 25th, 2014 9:49 PM
Author: cracking sexy piazza old irish cottage

pennies then dollars

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



Reply Favorite

Date: February 25th, 2014 11:48 PM
Author: sinister fantasy-prone ladyboy

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=2id.#25089141)



Reply Favorite

Date: February 25th, 2014 9:33 PM
Author: Curious alcoholic set persian

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=2id.#25088063)



Reply Favorite

Date: February 25th, 2014 9:34 PM
Author: Topaz doobsian filthpig yarmulke

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

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



Reply Favorite

Date: February 25th, 2014 9:41 PM
Author: Heady brindle national idiot

Still time to "maek it"

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



Reply Favorite

Date: February 25th, 2014 9:43 PM
Author: Mischievous Jew Parlor

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=2id.#25088143)



Reply Favorite

Date: February 25th, 2014 9:43 PM
Author: Zippy business firm azn

Probably bullshit looking for smpathy handouts

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



Reply Favorite

Date: February 25th, 2014 9:59 PM
Author: Demanding Razzmatazz Toaster Kitchen

I can see the Kickstarter page now...

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



Reply Favorite

Date: February 25th, 2014 10:59 PM
Author: Cordovan multi-colored rigor keepsake machete

Tree fiddy

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



Reply Favorite

Date: April 24th, 2026 2:01 PM
Author: Carmine Rebellious Dysfunction



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



Reply Favorite

Date: April 24th, 2026 2:05 PM
Author: razzle bbw

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=2id.#49839964)