BTC

Open_Situation686

Seem to offended you. BTC has traded sideways for 5 years and is sold as a replacement currency with a key feature being safety and security. On the flip side, we are seeing technical revolution at an incredible pace in the space sector, robotics, autonomous vehicles, and the entire ai build out. If during this gold rush you haven’t come up with a strategy that both incorporates high growth plays and risk mitigation and instead are just putting it all into BTC - you sir are the vibes investor

LittleTwo9213

This is the exact reason why mass public won’t adopt BTC.

jwhendy

I wrote a post looking to discuss all the aspects of BTC custody and operations that rely on software. I think it's a good time for us to educate ourselves on *all* the places there might be oopsies waiting, and crowd source ways to prevent this.  That post has been awaiting moderation approval since last night. This and other posts reek of AI and slide right through? P.S. Sorry if I'm wrong, losing 1BTC would be horrible. It just has that smell to it (drama one liner intro, setup then punch line, "and the worst part?", not x but y). You're not posting details like an address or timeline as others have done, either. Maybe when things are really bad and scary, we can take a deep breath and write them ourselves.  P.P.S. Sorry if you wrote this yourself and I can no longer tell the difference.

ivanjurman

\> I can imagine how devastating it is to do “everything right” Well all those people who lost their BTC this way, surely didn’t do it right, they were supposed to also use a passphrase… all they gad to do was use a password generator and generate a strong 20+ character passphrase that takes at least 9 septilion years to crack and their wallet would be safe, even if someone knew their seed

AncientTrainer3939

Feel for you man Don't mean to twist the knife further, but was your BTC across multiple coldcard wallets?

ShittingOutPosts

I wish more people realized this. BTC is the only one with holding long term.

Escapement_Watch

I'm really sorry for your loss. Try not to beat yourself up or feel embarrassed. You did everything right based on the information and setup you had, and taking responsibility to build that security for your family in the first place shows your intent and commitment. The silver lining is that BTC is down right now, which means you're still early. The market is giving you an entry point to stack back up, and the knowledge and discipline you built getting to 1 BTC the first time haven't gone anywhere. You know how to do this, and you can get back there.

Catoutofthebag69

You do know you can take a loan against your BTC now and there are…like.. a shit ton of companies that accept bitcoin as payment now right? You’re up and down this entire thread acting like a cuck to dollar bills when in reality a lot of us have already paid for things in BTC. You just look retarded or inexperienced 😂

username12435687

Because an AI was able to discover the problem in 8 minutes, that should be a huge red flag and something that the CC software engineers should have double triple quadruple checked. The entire security of the wallet hinges on that RNG call functioning correctly and they fucked up big time and it's now cost people tens of millions of dollars. Even if their code was written before AI was as advanced as it is now, that's basically the entire point of the security of the wallet and they messed it up. Also that comment as you understand it isn't entirely correct but gets the main idea right. Basically, there should have been x number of possible combinations that would lead to the seed phrases being damn near impossible to crack with current technology. There's this idea called the birthday paradox where when you have a room of just 23 people there is approximately a 50% chance that 2 of those people share the same birthday. When CC improperly implemented entropy in their wallets, they called ONLY the software RNG and not the hardware RNG on the secure chip in the actual hardware wallet. In doing so, they minimized the pool of possible combinations for seed phrases from an astronomical number of combinations (approximately 340 undecillion combinations) to a much more manageable pool of combinations (roughly 1.1 trillion). After that all the attacker had to do was replicate the possible combinations of the 40 bits of entropy and then begin generating wallets. This is where the birthday paradox comes into play, once he could generate a wallet that had a crossover with an already existing wallet with the same seed phrase, he queried a large cryptocurrency exchange to determine if those wallets he matched up with had any UTXOs (evidence of transactions to and from the wallet) to decide if they were a good target to sweep the btc from. He likely did this all in the background for some time before actually implementing the attack so they could steal as much as possible before the attack became a known issue. Basically CC majorly fucked up and left their wallets unsecure for years and someone finally discovered this issues and then weaponized it to steal tens of millions in BTC. This post just shows that CC should have been auditing their own internal code because an AI agent discovered the issue in a matter of minutes. This issue is also still present on the newer generations of cold cards as well albeit not nearly as severe. Even on the MK 4 and MK 5 wallets, they are only implementing 72 bits of entropy (4.7 sextillion possible combinations) which makes them significantly more secure but still much more vulnerable than a wallet with the correct 128 or 256 bits of entropy. This is entirely on CC and the fact that this went unnoticed for so long or even if they did notice it and continued to just push a fundamentally broken product out to their customers, it's just unacceptable. They had a responsibility to their customers to create a product as they promised which was secure, and safe, and they did the opposite and now here we are. This post is just shining a light on how incredibly terrible their fuck up was.

Lavayo

From me too. I did nothing different except using another wallet because coldcard is not that popular in Europe I believe. It could have been me. You did nothing wrong, the company did. And anyone now saying: "Obviously do you own RNG, who trusts a device?" >99% of hardware wallet users. I know this won't fix anything for affected people, but I hope this blows over quick. After all, the problem were weak wallets because of a faulty product. BTC did not get hacked. Ibit is NOT a safer place. If coldcard had a bigger user base I wonder if we would have seen two coldcards generating the same wallet sooner or later if this would have continued undetected.

Original-Assistant-8

I've actually concluded it's better for utilty coins if BTC sorts this out and I think it can (as noted in my post) In fact I've shared ideas on how BTC may want to approach it. I see QAN as going after new markets. No need to hide that viewpoint

thenamelessone7

It moved alongside BTC. So maybe go ask BTC what price action it has in mind

dee_lio

Ok, fine. The numbers on the ledger that correspond to the stolen BTC could be infinitely traced, so someone at the end of the day winds up with stolen property.

Historical_Quail_463

lots of traders forget that for every buyer expecting BTC to hit $70k, there’s a market maker or institution on the other side selling that call to collect premium, fully expecting it to expire worthless. OI shows where the leverage lives, not where spot is forced to go.

Beamjumper

I know that lady - she got in when BTC was at $25 and is now checking her balance, cause her couch potato son needs a loan.

ArugulaPotential366

I have trezor BTC only edition not a large amount of sats though. Am I good for now and when do I start learning about all these techniques

Lord_Gudda

Wondered the same. It will tip over as BTC continue to fall bellow 60k and lower. Thinking of a scalp ADA short

Sensitive_Jelly_5586

I wonder sometimes if it is all planned. This latest vulnerability is now telling people to put their BTC on exchanges. The next vulnerability or hack will be on a major exchange. Just my thoughts.

feltusen

You aint keeping BTC under your mattress. Its on the chain

Dormage

So sell BTC and buy AI?

Historical_Quail_463

​If BTC goes up 12% but the total network hashrate goes up 15% because more efficient rigs come online, hashprice drops. Combine that with low transaction fees right now, and of course miner revenue feels squeezed despite $64k BTC.

TransientbeingZ

Costs less than losing BTC on cold card my dog

ARRRtoshi

We startet trying to exit the fiat establishment with BTC. Now we're letting the fiat establishment custody our BTC in an ETF, which makes it useless as actual money.

LevelStationaryPlane

Yes I said this yesterday why wouldn't someone collude and lobby to fake a crash to push people AWAY from self-custody/tarnish BTC when the Gov is on the fucking ropes w inflation etc...? WAY too many of you fall for Hanlon's Razor aka "an intellectual masturbatory pass that allows psychos to continue psych-oing, you fuck" etc.

marsmat239

sounds like the OP just lost 3BTC completely, or 189k, and has to start back from 0. $189k losing 4% in value 5is year still leaves me with 181k in actual value, not 0.

Historical_Quail_463

Most micro-earning methods (games, faucets, testnets) end up paying way below minimum wage when you factor in time spent. ​The most underrated, genuine way? Invoicing in BTC. ​If you do any freelance work (tech, design, content, consulting), just ask clients if they're open to paying via Lightning or On-Chain, or use a service that automatically converts a portion of your invoice to BTC. It turns active income into instant DCA without relying on gimmicks.

arveena

I agree but I also think you forget one super important point. Lots of people buy BTC not because its decentralized but because its deflationary AND decentralized. That's what makes it valuable even in it just beeing decentralized is not needed for you it beeing deflationary AND decentralized may make it better for you than stocks or gold. Those people should still just buy an ETF though

G0mery

Hey, at least you got yours. I was DCA in BTC and gambling small amounts in shitcoins for fun. Lost my whole stack to those assholes and got back pennies in the dollar in the settlement. I hope they die in prison.

retro_grave

People say a lot of things. If BTC was "broken", just go have AI break it. It's not, and the broken thing was a company's poor understanding of building embedded software and compilation units.

Only-Brilliant1921

Right. The question is, why people with more than 1 million in BTC didn't know about it.

CheckOutDisBug

You’re scared of ghosts and *we’re* the exhausting bunch somehow. Lol. As long as you have your seed phrase stored securely you and your BTC are fine. No reason to sweat out of your shirt because you have to run an update.

bbchucks

8Hours ago - It looks like Trump Media sold another 2,628 $BTC($165.07M). Verify it here - https://arkm.com/explorer/entity/trump-media

LevelStationaryPlane

Says the guy relying on transferring his BTC to cash to do anything with, etc. Your bank let you pay that mortgage in BTC, cowboy? No? They're just fiat marks bro they don't understand BTC lmao.

QTippus

Agree with all your points. If we assume (safely) that AI helped discover this vulnerability (yes, I know a person reading the code could/would/should have seen it without any AI) it means the average Joe couldn’t sleep well owning BTC, knowing the next LLM released or quantum computing might be the one to steal their BTC. Average Joe does not want to keep up on technology news in order to feel like their money is safe.

LevelStationaryPlane

...As you sit on BTC that has to be transferred into cash to do anything with, etc. You buying coffee and paying bills with BTC like you claim the future will be, Gumby? Keep tripping over dollars to save dimes, you're totally ahead of the pack here.

schubeg

How about you send me 1 BTC to invest for you and find out?

Adventurous_Garlic58

\+ Coldcard hack spurred surge in small BTC transfers under 1 BTC, hitting 39,600 BTC moved in one day-the largest daily volume for small transfers since Nov 2022 for BTCUSD spot CFD traders.

aphex3k

If you rolled dice and use a strong password you should be unaffected. If you didn’t, I would drop everything and take care of it for 2 BTC.

gigasawblade

He changed metrics again recently. Now "yield" metrics are on the bottom of a second page, somewhere below new "net reserve", "net btc per share" , etc. And conveniently these new "net \*" metrics don't decrease if BTC sold for cash, or used to buy back STRC

grraarr

Again, not true. What was done to these holders was a CRIME, so it’s clearly hyperbolic to say there are no protections. What you mean to say is there’s no sophisticated process where someone else insures your repair when damaged. That’s entirely different. You’re comparing a mature system completely embedded in our economy to an upstart. Obviously I don’t think BTC is perfect but you’re focusing on problems it wasn’t even designed to solve. 

tomandrews

By that same logic, how do you know it will go up? All we have is historical data, which suggests BTC operates in 4 year cycles. I subscribe to that logic, whilst also  watching liquidity, Fed policy and ETF flows rather than counting months from the halving.  This has worked well for me, and I’ll continue to apply that logic. Not financial advice, obviously, and you know your own position better than I do.

Odd-Fun-1482

yeah ive stopped my ETH dca in favor of BTC. I might break even during the bull run on ETH, but any growth beyond that would require serious development. BTC on the other hand i feel this is a very fair price point, bar anything stupid happens in the next couple of months

Old-Cardiologist-545

Just a side note… I have decided to stay with my MK4 but to generate a seed with dice roll (NOT THE COLD CARD DICE ROLL)… THAT IS COMPRISED AND YOU SHOULDN’T USE ANYTHING GENERATED BY COLD CARD… I WOULD ARGUE THE SAME FOR OTHER HARDWARE WALLETS. Also add a Passphrase… something that is long enough and complicated. Write everything down on a piece of paper… never digitally. Make sure everything is correct before sending BTC. Everybody, be careful out there and if you are ever in doubt… reach out to butcoiners. Bitcoiners help each other. Good luck, Cheers.

DamnDaniel617

How did you lose your BTC on a cold wallet?

username12435687

In the previous post he just pointed Claude at the codebase and said look for vulnerabilities which is likely the exact same thing he's done here. You're talking about reproducibility so maybe just ... Go do it? If you're so concerned about OPs process then go ask it yourself. It's also 100% not a false positive as it is the EXACT know issue that has been reported by numerous independent labs that have looked into the vulnerability as well as the exact issue described by coinkite in their own write up. The code does not properly call the hardware RNG element and thus the software only RNG call introduces ~40 bits of entropy when the minimum standard is 128 bits of entropy and 256 bits being even better. It's not just making something up and pulling it out of its ass it's describing the exact issue that cause approximately 1,300 BTC to be stolen. How can you be so skeptical with the evidence literally right in front of your face?

kendo581

BTC right now is just an interesting idea, no different from any other idea. It has no value itself. It only has value because people think when they get some particular zeros and ones, others have less to get. Crypto fundamentally relies on peripheral tech to maintain its value (paper/pen, CC exchange, etc). However, when you can't truely trust that what you get you can keep, then it's really nothing but a bad idea. With AI hacking coming, I don't really see how you can really expect to have truely safe crypto.

futurefloridaman87

It’s called SPIC coverage. In some crazy world where that happens, BTC ETF owners are covered on the first 500k under SPIC since the ETFs are obv all securities. Firms all buy excess coverage over the required 500k amount, most all the way to amounts no one here has. For example Charles Schwab, you’d be covered on your first $150 MILLION of value.

Dragon_slayer1994

That's because there's zero reason to actually hold real BTC for me right now. Absolutely zero use for me.

schubeg

Fr. Every idiot knows the majority of BTC use is scams

Blade_Runner_69

Well said. I know it can get a little tribal in the BTC space, we all have our favourite platforms and devices and often defend them to the hilt. But I sincerely feel bad, and hope all effected stay strong. 😢 What I find disgusting is the people who mock the Coldcard users who lost BTC. Majority of them are from that deranged Buttcoin sub. Their karma will come. I'm hardcore BTC but I would NEVER go to a stocks and shares sub and mock people who lost through leverage or bad decisions. Just shows they are psychopathic scum. I will however mercilessly mock Coldcard the company as their incompetence has led to this.

Remarkable_Check_997

You mean like the person who lost their BTC instead of selling when it was on top?

Big_Truth_8483

Yeah voyager was a mess. I had to publicly @ and shame the ceo on twitter in order to get my bitcoin off the server. That was my last time investing in BTC

stefansilva_xrp

the drop in Q1 didnt end the bullrun but it killed the momentum for that entire quater until the liberation day crap everyone was selling on the news there will be tariffs had that not had happend we wouldve carried on. I dont buy the US and Japan notion because the stock market is still doing well because in my opinion Bitcoin was meant to top in 2025 and SP500 will top this year but the point I am trying to make is Q1 2025 was responsible for the momentum being lost and we not getting a 150k BTC. We would still be at the price we are know with or without Trump

CyGoingPro

Well let's put it simply, as long as your BTC average cost is below 100k you are likely to be in profit sooner or later again. It is unlikely that prices will not recover. Everything else though... No clue. I think a lot of shift has happened between L1 and profitable operations/networks. I have positions in Hype, and Derive which I think will be profitable short term, but I expect my Eth, sol, link, and Sui positions to not recover to ath anytime soon.

00MacDonald

BTC is currently not on track to become a fiat replacement, and that is fine. It may do so in the future, but it's time to put to rest the idea that it's actively happening right now, otherwise you would have a negative view of BTC performance as fiat replacement. Virtually nobody belives holding fiat is an alternative, like 0 people world wide. Diclarimer: I hold around 15% of all my assets in crypto, with BTC having the lions share of that.

Yosarrian_lives

As a layman i thought this was the whole utility of BTC. You alway knew who owned what.

cipherjones

When BTC came out, a lot of people sai

00-SilverShot

I always thought airgapped wallets were pointless and stayed with Trezor because their source code is on Github. So glad I did. Thank you God! My Trezor is the older Model T. I’ve been wanting to upgrade for a while and now is a great time. I went ahead and bought a new Safe 5 (btc only) for better entropy than the Model T. Nothing is wrong with the Model T, but I’m not taking any chances after recent events. This also shows that YOU SHOULD NEVER PUT YOUR EGGS IN ONE BASKET. If you’re lucky enough to hold over 1 BTC, split it between a multiple hardware wallets from different manufacturers who have a better reputation (Trezor, Ledger). I also use BlueWallet on iPhone (open source). I keep some on the Strike app (custodial wallet, I trust Jack Mallers) and also hold FBTC in my Fidelity account.  Hardware wallets are for long term holds, soft wallets are for spending, and ETFs are for short/medium term holds where I take profit during bull markets. Never put more than 50% in one spot. I’m not saying this is for everyone, but it’s what I do. If one thing gets hacked, you still have at least half your coins still. Stay safe out there friends.

HeroicHeron

>I hoped my device wouldn't short out or fail. I realized I couldn't use any USB-C on the device, that was a tough day, I thought I lost access to my Ledger. I was praying the business wouldn't go under, blocking access even for an instant. In all those years you never realized that BTC isn't actually stored on the hardware wallet?

ConcernSquare2474

In the grand scheme of things 1.300 BTC stolen is not a big deal.

Even_Routine5011

One problem with this is that the market sentiment to this exploit might have been priced fairly but the exploiters still haven't sold any BTC. From what I have heard (haven't checked the blockchain myself) they divided it up in over 1000 wallets so hopefully they lose some of the BTC and we have an unofficial BTC burn on our hands.

LevelStationaryPlane

Brother the SP500 is lapping BTC this is why nobody is buying this shit/selling right now lmfao.

Objective-Choice6518

The point of the cols card isn't to phisically good your BTC... They are in the blockchain  The point of those devices is that the 12/24 words seed never goes online. The issue with this cold card is that when you bought It and asked the card itself to generate these words for you. The issue is that the "code" that generate these words is not randomized enough, and someone found out how to get all these possível generate words. It's about as ELI5 I can

OldHamburger7923

Right. Which is why people who put some token amount of BTC in the base account will be targets and should move. If you never used the base account then they can't tell it was ever used by anyone.

LevelStationaryPlane

The hate is because crabs in a bucket psychology. Everyone wants everyone to moon on BTC, but not before they do etc.

Typical-Whereas6761

That’s the only reason why it did thirive, once you take away its ability to be used for criminality….its really useless. Why the fak am I going to invest in BTC an invisible asset used for what? Sorry I’ll invest in gold and silver.

RevengeTrade

Just make sound investments that will outperform inflation like broad market ETFs etc. Don’t need to buy imaginary money to protect your real money. I’m not bearish on BTC. I think it will most certainly hit $500k one day within the next 10 years, but I just get a bad vibe from crypto in general and I’m a skeptic.

Individual_Drawer295

I lost my BTC sometime back. I had bought them with some money I inherited from my dad. May he continue resting I peace.

sombri2230

I know this is possibly left field but the banks and institutions ultimately do not want retail owning bitcoin so every hack every vulnerability that occurs the more single retail holders sell off and BTC becomes an asset only held by institutions . All these issues seem like manipulation to create fear and sell offs so supply is available for them to absorb . How else are they going to get all of us to sell ????? Makes you wonder

iamflxn

It literally hasn’t changed anything. The fundamentals of BTC remain the same. BTC hasn’t been hacked. A peripheral technology was poorly built and people have and will continue to suffer.

beachsandwichen

So was the BTC stolen out of the wallet? How did it get “drained”?

quantumdot44

i understand, and no one should laugh about the misfortunate of others. If I would have spend my life savings in BTC and it would get stolen, it would be devasteting for me but in my opinion, self-costudy is not meant for everyone, because it could have been avoided if you had taken security seriously, especially with amounts which are very important and could ruin you financially

Specialist_Trust4945

I will create a seed phrase with a die and ship the exact die I used to you. I'll leave 1k worth of BTC inside of it for 1 year. Want to take a chance at cracking it?

quintavious_danilo

No, I don’t because I know that my coins are safe in cold storage. Hard wallet companies come and go and set up correctly, your BTC is secure even without a passphrase.

Azatis-

Have your own BTC in your cold wallet they say... i might say fuck that, gimme ETF if this continues

ifyoulookyouaregay

So many stocks regularly outperform BTC btw so he’s probably not going into cash lol

RevengeTrade

I think Bitcoin will hit $500k one day. I don’t like Bitcoin, but I still believe it hasn’t reached its absolute peak yet. That being said, I’m thinking about exiting sometime in 2033-2035. I just dislike BTC, but I’m not doubting it will most certainly hit new ATHs within the next 8-10 years.

ZascandileandoAndo

A tiny fraction of BTC has been stolen from one cold storage provider. It's certainly terrible for those affected, but cold storage is still the safest option. Compare that to the FTX or MT.GoX fiascos.

RandomFella3_3

Yeah these just seem like panic damage control comments since BTC isnt safe to regular non-nerd people as it was presented. Listen to him, major red flag was it wasnt open so...oh fuck off general.

TrustInNumbers

Why do we think BTC is stuck at 60k? all money moved to AI?

Extension_Ladder_135

The same thing you did yesterday, and the day before.  When you held BTC for this long it did not change the way you lived for years now.

KuriboBangkok

You clearly don't know any people who got in early :) Lots and lots of people have upwards of 1000 BTC still to this day, even if they sold 1000s and 1000s of them over the last few years during ATHs and what not. I find it rather comical how people think it's too much effort to secure your holdings properly....

sunflowersaint

If BTC isn't fundamentally secure, your ETF stake is worth zero.

Independent-Net866

Look.... BTC is a commodity and a tool of freedom, not a religion which wants to eliminate fiat. Both btc and fiat have their benefits and drawbacks and RISKS. Smart investors know that, and use both because they can cherrypick benefits of both systems.

magma_lakes

Generate a wallet on an air-gapped Linux PC. It's probably the biggest pain to work with and the least intuitive, but it's the safest way to store your BTC, if done right.

DeusBob22

I will send an email to BTC CEO to help everyone

ivme

Confiscating all ETF BTC is only one button. Going after every Bitcoiner would cost more.

effdanwo

With KYC/AML/SOF requirements at every on/off ramp nowadays, what's the real advantage of holding BTC in a wallet, unless you wanna transact 24/7 or think P2P commerce will be viable if SHTF and government dissolves, along with taxes and reporting. Granted, maybe your coin is non-KYC and you have ways to spend pseudo-anonymously. You'll get SIPC protection with IBIT or FBTC in a brokerage account, and getting a margin loan in lieu of booking capital gains will be quick and easy.

Final_Bite_7228

"reporting your issue will help understand the extent of the situation and will help others understand their own losses". How so? You lost what you lost 1.01 BTC. Others lost what they lost. And the technical details of what happened have been explained here a zillion times. What is left to understand? I hope yours is not one of those bitcoin recovery scams.

baophan0106

At this point, BTC has became garbage-ware.

caccamo88

How dumb are these hackers, wasting time and resources to steal worthless stuff. Oh wait, that's right, BTC just touched 0 USD.

Calm_Recognition_940

Can you help me? I lost 12 BTC!!!! Help me!!!!!! Oh wait you’re karma farming? Shame!!! I lost 25 BTC!!!!

realpotatotom

This is really besides the point. This is only valid if the attacker already has your seed (private key). If they don't then the posted chart is misleading. I explain in another post: Basically the attacker went through trillions of combinations to find vulnerable wallets. If they looked at an address, but they couldn't hack it, they have two choices. Spend another thousands of attempts on EVERY of the trillions of attempts for a very weak passphrase, or spend a bit more than thousands for a non weak passphrase, WITHOUT knowing if the address comes from vulnerable wallet. MK3 had entropy of 2\^40. Around 15M addresses on the blockchain have money (assumption). 1.1t iterations (or half for 50% chance) have to be done on eachaddress to find out if it's vuln. Multiply this with 4096 for a dictionaly passphrase (the weakest i guess, as coldcard offers it - upper/lowerase versions of the seed words). So... the Q is... if the attacker goes through lowest hanging frutis and highest payment (>0.15BTC) per address, and then they go through the lower amounts (<0.15BTC) and then they might go to assume that every address they could not hack, is vuln but with passphrase, and scan 15M addresses again with 1.1T \* 4K (minimum uppercase/lowercase single seed word assuming nobody puts a passphrase of 'a') = 4,400 trillions of attempts for 15millions addresses... doable, but ... has nothing to do with the posted image

BaldDragonSlayer

Your assumption that you'll easily find equities with a higher potential for growth than BTC while in a late stage tech bubble at ATH while BTC is down 50% in its typical cyclical bear market set to reverse within the next 6 months... makes it clear that you are just a vibes based investor who really should think twice before giving advice.

cognitiveDiscontents

Have you moved your BTC yet??

Odd-Student636

Lost 0.6 BTC on mintpal in 2013. Crypto is all about stealing money from people.

zg33

Not your code, not your entropy, not your Bitcoin. A painful and important lesson, but it’s a shame he had to pay 30BTC to learn it.

Frank1009

I wouldn't call them dumb, they're criminal millionaires now. But yes, using just one was wallet was probably a mistake. I hope they make more mistakes and the BTC is returned to the owners, but it's a long shot.

Emotional-Matter5547

Man, I'm really sorry. 2 BTC gone after years of holding through everything else that could've shaken you out — that's not just money, that's time you can't get back, and it's okay to grieve that. What you wrote about the race is something I think a lot of people need to hear right now. Chasing "first" burns people out and makes losses like this feel like the end of the story. But finishing, on your own terms, at whatever pace that's still a full life either way. You're 39, not done, not out of runway. For what it's worth, doubting Bitcoin after this doesn't make you weak or wrong. It makes you human. Take the time you need before deciding what you believe again, if anything. No rush. Hope you're doing something kind for yourself today.

ProspectiveWhale

It's people who don't know how to secure that got f'd over by this. And also the people who invested a lot in BTC. If you only had 0.0000001 BTC, you'd just let it go. If your wallet was secure, you'd not be a victim. So yeah, all victims probably have very similar circumstances.