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re: Man in SF has 2 password tries left before he loses forever 220 million dollars

Posted on 1/12/21 at 10:58 am to
Posted by Robin Masters
Birmingham
Member since Jul 2010
29749 posts
Posted on 1/12/21 at 10:58 am to
quote:



$50 worth 6 years ago or $50 in today's value?


Maybe $50 six years ago.
Posted by AUCE05
Member since Dec 2009
42565 posts
Posted on 1/12/21 at 10:58 am to
One guy paid a pizza guy 10k btc for a large cheese. With all the wasted btc, I have seen an estimate of 7-9 btc in actual circulation which drives price increases.

ETA

This number was early cryptocurrency days. Would love to see updated info.
This post was edited on 1/12/21 at 11:00 am
Posted by Eat Your Crow
caught beneath the landslide
Member since May 2017
9190 posts
Posted on 1/12/21 at 11:01 am to
Yeah that sucks
Posted by jmorr34
Baton Rouge
Member since Sep 2004
2880 posts
Posted on 1/12/21 at 11:06 am to
quote:

It seems like the poor guy could get the password software, IronKey, to remove the 10 attempts limit for him.

Or, maybe the IronKey developer could deactivate the encryption/scrambling process if the 10 attempts are exceeded.

Offer IronKey developers $10 million if they can help him retrieve his bitcoins and I'm betting they can make it happen


This was my thought. Offer IronKey 1,000 BTC to figure it out. Better to have 6,000 BTC than nothing at all.
This post was edited on 1/12/21 at 11:08 am
Posted by loopback
Member since Jul 2011
4868 posts
Posted on 1/12/21 at 11:07 am to
So he might lose "220 million" worth of Bitcoin, so basically he will lose a perfectly good hard drive and nothing else.
Posted by bird35
Georgia
Member since Sep 2012
12173 posts
Posted on 1/12/21 at 11:08 am to
He needs to see a hypnotist
Posted by CAD703X
Liberty Island
Member since Jul 2008
78053 posts
Posted on 1/12/21 at 11:10 am to
quote:

Offer IronKey developers $10 million if they can help him retrieve his bitcoins
would be hilarious if he did this and it turns out the btc keys weren't actually on this drive
Posted by High C
viewing the fall....
Member since Nov 2012
53790 posts
Posted on 1/12/21 at 11:12 am to
Rosebud
Posted by TotalYatMove
Member since Oct 2010
1687 posts
Posted on 1/12/21 at 11:12 am to
quote:

I would have placed that password in a safety deposit box at a bank or something. And in a tamper-proof safe at home. In a concrete and steel fortified chamber. Under ground. With a patio build on top of it. With a a spare key to that chamber in a separate box at a different bank in a different state. And another spare key inside a fire proof box inside my walls.

Just to be safe.



The fact that he just had it written down on a piece of paper makes him the dumbest mother fricker of all time.


It could have been worth next to nothing when he set them up in his wallet. This is true in hindsight, but it's hard to say what was the right way to handle it when he did it.

Well, it's not hard to say that writing it down and losing it was dumb, but there is a large space between that and putting it in Fort Knox.

Eta
I say this without being able to read the article, so if they mentioned a timeline and the value was significant when he transferred them, disregard all that.
This post was edited on 1/12/21 at 11:14 am
Posted by jamiegla1
Member since Aug 2016
6978 posts
Posted on 1/12/21 at 11:16 am to
cant he just call HelpDesk?
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
65697 posts
Posted on 1/12/21 at 11:17 am to
Posted by armsdealer
Member since Feb 2016
11501 posts
Posted on 1/12/21 at 11:22 am to
quote:

I use to be annoyed with sites that required special characters in a password, but now im more annoyed with a site that DOESNT ALLOW them. Id rather just have one very complicated, universal password.

Its hard to remember that "oh yeah this site didnt allow punctuations"


I'd really like some standardization from password requirements, honestly I really like the biometric password bypasses, but I am not familiar with there security. I don't have anything that needs super high security anyway.
Posted by John88
Member since Sep 2015
6208 posts
Posted on 1/12/21 at 11:23 am to
Posted by brass2mouth
NOLA
Member since Jul 2007
19688 posts
Posted on 1/12/21 at 11:24 am to
This literally happened to me about 7 years ago. Granted not with that many bitcoin but with enough for about 70-100k. All because when I was in high school I never thought BT would turn into what it is.


I feel his pain.
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 1/12/21 at 11:26 am to
shows you that at its core bitcoin is nothing but worthless "find a bigger fool" bullshite
Posted by AUCE05
Member since Dec 2009
42565 posts
Posted on 1/12/21 at 11:27 am to
some of you are so dumb
Posted by zzgobucky
Madison
Member since Sep 2016
1739 posts
Posted on 1/12/21 at 11:37 am to
quote:

shows you that at its core bitcoin is nothing but worthless "find a bigger fool" bullshite


some people just don’t get it
Posted by RebelExpress38
In your base, killin your dudes
Member since Apr 2012
13551 posts
Posted on 1/12/21 at 11:40 am to
Eventually, if given enough time, won’t this happen with all Bitcoin since there is a finite amount?

Posted by LordSaintly
Member since Dec 2005
38884 posts
Posted on 1/12/21 at 11:40 am to
quote:

There has got to be a way to get that info




There’s not
Posted by MintBerry Crunch
Member since Nov 2010
4846 posts
Posted on 1/12/21 at 11:43 am to
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