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Crypto’s Most Painful Fumbles

StarPlatinum
/1 days ago
From rejecting 50,000 BTC for a house in 2015 to Germany selling billions in Bitcoin early, the crypto world is full of brutal mistakes. Devs accidentally burned $10M in tokens, Otherside mint wasted $200M in gas, and early Punk holders sold too soon. Even pros like Murad and Alex Becker had costly fumbles.

The biggest Crypto fumbles ever

A thread🧵

The year is 2015

Someone offers 50,000 BTC ($13M) for a property

Seller says no

That’s worth $3.18 billion today

German goverment selling all 50,000 of their Bitcoins at $54,000.

They could've made an +$1.1 Billion USD in profit.

Murad fumbled +40M from his wallet ATH

And he is still not selling a single penny

“Oh fuck” accident

A developer accidentally burned $10 million worth of tokens 

While distributing pre-sale tokens for the upcoming meme coin Slerf

But the accident pushed Slerfs market value to $700M

The Otherside land mint was huge

But the smart contract was a mess

Over $200M burned in gas
Each mint cost more than 2.5 ETH

Yuga Labs blamed Ethereum

8 years ago, one wallet claimed:

• 7 Alien Punks
• 7 Ape Punks

Sold them all for 99.5 ETH

Today it’s worth 35,077 ETH = $54M

Pain.

Alex Becker bought six figures of Peanut the Squirrel coin at a 2 Billion Dollar valuation

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