Lost Bitcoins Man is still trying

jaybee said:
So the council - probably broke...they all are - turned down over £125m because they won't let him just have a look for it and then return it all as it was. How very 2024.
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What money?

They're not fronting £125m, no one is his guarantor for £125m.

Oh we didn't find **** after spending years tossing through the entire landfill, shame, no money.
 
given how long ago it was the rough area it was could well be buried and made tidy now.

I can see why they may be reticent to allow someone to come and disrupt it all an then sod off again after coming up empty if they fail to find the needle in the haystack, leaving the council having to tidy it all up.

its not like a lot of official companies have a great track record of "making good" after digging stuff up, so what is the likelyhood of total random people actually doing a decent job?
 
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jaybee said:
He had sponsors lined up to front the money for a cut if found.
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Obviously if he had 8000 bitcoins in his control he could get someone to lend him £125m.

But the council has to agree to let someone who has no money toss a landfill for years with the understanding that he may never pay them and may never be able to cover any problems he causes.
 
Even if the council said - yes - go for it....

He's claiming it's narrowed down to a section of the landfill with 100,000 tons in it.

How exactly is he going to search 100,000 tons of rubbish? On his hands and knees for the next 100 years?

Get a grip.... He "accidentally" threw it out, it's no ones fault but his own.... He's just wasting everyones time.
 
booyaka said:
Even if the council said - yes - go for it....

He's claiming it's narrowed down to a section of the landfill with 100,000 tons in it.

How exactly is he going to search 100,000 tons of rubbish? On his hands and knees for the next 100 years?

Get a grip.... He "accidentally" threw it out, it's no ones fault but his own.... He's just wasting everyones time.
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Go further back in this thread and there is a video of his sponsors showing how it will be done because they've done similar stuff before.
 
tangey said:
His problem (other than the fact that he threw something away that is now worth £500M), is that he has clearly been totally unsuccessful in convincing anyone that it is there. As otherwise, somebody with a few £100M to spend would make an offer to buy the land for am amount the council couldn't refuse and search for it himself.

Far more likely the guy is a walter mitty, or indeed he did throw it away, but it's not in the dump.
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Highly unlikely somebody would waste 'a few £100M' on that.
 
adam cool dude said:
Surely everything has traceability these days so could be located to a certain area? You would think things like this would have been put in place to help with murders etc?

Then again council organizations leave a lot to be desired.
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Why would the council want to be tracking where every lorry load of rubbish went?
It would be an utter waste of money, especially as by the time the bulldozers have shifted stuff around to level the surface and compact it your original item could now be a football field away from where it was dumped, if not further.

Also how often do people get put in rubbish bins for disposal at a tip? it's a common hollywood trope, but in real life it's probably hasn't happened in the UK for decades, the risk is way too high.
 
200sols said:
Highly unlikely somebody would waste 'a few £100M' on that.
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If he had an extremely convincing case, it could be a gamble. At the moment he can provide no more evidence that the bitcoin-drive existed than I can of my hard drive with £500M that is somewhere in my local dump.
 
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StriderX said:
Wonder what chance the drive has suffered from galvanic corrosion or some such and is completely unreadable?
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The control board is likely corroded and useless but the disc platters are sealed and generally stand up well against the test of time.

But it's likely bent and busted by loads of landfill trucks driving over it again and again!
 
I mined loads of Litecoins back in the day on a pair of Radeon 5850 or such. no clue where ther coins are but the missus did have a go at me for caning the GPUs and making loads of noise and heat
 
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