I'm really thankful I put my bitcoin in a time vault back in 2012 or so. It was inaccessible until about last year, and my $10 is now worth $100k.

Thank you MtGox.

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keeda 2 hours ago | parent | next [-]

Way back in the day when Bitcoin first came about, I once idly contemplated spending some time and money on it just because it was a very cool technology. At the time it was a bit of a hassle because you had to mine your own.

Then I was especially tempted years later after running into the MtGox booth at CES, and seeing how convenient it had become. I remember asking a guy at the booth if Satoshi was really still anonymous or if any insiders knew about him, and he said "no" but was bit surprised I knew about Satoshi. I guess Bitcoin was still quite niche then even amongst a technical crowd.

I considered buying a few bucks worth of bitcoin then for lulz, but I thought that money was better spent on beer lol.

I've never really regretted spending that money on beer rather than bitcoin, because I knew that even if I did, it would 100% have been on MtGox and I would have lost it in the hack anyway, which would have been even more bitterly frustrating.

A few of pints of beer >> years of regret.

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echelon_musk an hour ago | parent | prev | next [-]

A friend lost £2000 worth of BTC in MtGox which is probably worth a fortune at today's prices. The last time I spoke with him he said there was some sort of lawsuit for victim compensation. How did you recover your funds?

	▲	stavros 25 minutes ago \| parent [-]
		They emailed us during the course of the lawsuit, I followed the instructions and they sent me maybe half my BTC in the end.

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bavell 3 hours ago | parent | prev | next [-]

> MtGox

Whew, that brings me back!

I still think about the Bitcoin my buddy paid me for his half of a pizza ~15 years ago... worth 6 figures now haha.

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matheusmoreira an hour ago | parent [-]

I have a cousin who received around 2 BTC after playing some cards with some people. Wasn't worth much at the time. He sold the coins immediately.

Better not to dwell on such things.

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unshavedyak 34 minutes ago | parent [-]

Yup. I was really close to buying $1000 (at $1) worth of BTC ages ago. I don't dwell because the stress of managing that through time would have eaten me away lol.

With that said, i do regret not at least mining/etc. Back then i could have mined in many ways, and getting into it as a hobby probably would have meant holding larger amounts of BTC in the long run.

	▲	zahlman 19 minutes ago \| parent [-]
		I remember thinking about buying $100 (at $10). And then realizing I didn't actually know how to do it and didn't feel like looking it up or going through whatever steps to do that kind of transaction online, or worrying about getting scammed....

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andai 3 hours ago | parent | prev [-]

Nice, congrats. What's a time vault?

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Ccecil 3 hours ago | parent | next [-]

It's sarcasm.

Everyone who had coin in Mt.Gox lost it during a hack. A portion of that was returned to the users who had a loss about a year ago.

	▲	baggachipz 3 hours ago \| parent [-]
		Yeah my 100 stolen bitcoins got me a cool $4k check from the settlement. Definitely made whole by that :\|

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spindump8930 3 hours ago | parent | prev | next [-]

Likely in this case the time vault was the collapse of Mt Gox, which has now recently been paying back holders.

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stavros 3 hours ago | parent | prev [-]

It's something that locks your stuff so you can't access it for a while.