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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 5:42 pm to HailHailtoMichigan!
Posted on 1/12/21 at 5:42 pm to HailHailtoMichigan!
I cannot imagine being this irresponsible by not creating a word phrase to restore the wallet.
1
Posted on 1/12/21 at 5:48 pm to TigerTatorTots
Dude back in 2010-2011 we didn't really care, it was something you dropped a couple hundred dollars in and played Around when it. Never thought it would truly get to 1k, much less 40k and soon to be 100k.
Go back and read, people doing couple hundred bitcoin for a large pizza and a coffee to be delivered , etc.
Go back and read, people doing couple hundred bitcoin for a large pizza and a coffee to be delivered , etc.
Posted on 1/12/21 at 5:49 pm to lsu777
quote:
frick the non believers do what you want, but I will say it's funny that your attitude tends to be prevalent with the uneducated and 50+ crowds.
What's funny is you calling people dumbasses when you yourself have lost 2.5 BTC. Lol.
Sorry the irony of that just struck me as funny.
This post was edited on 1/12/21 at 5:51 pm
Posted on 1/12/21 at 6:14 pm to theenemy
quote:
What's funny is you calling people dumbasses when you yourself have lost 2.5 BTC. Lol.
Sorry the irony of that just struck me as funny.
Well when you have been buying and selling them since they were 0.13 it tends to happen.
I started trading them a little before wiki made me a true believer.
At the time, each wallet was worth less than $5
This post was edited on 1/12/21 at 6:16 pm
Posted on 1/12/21 at 6:20 pm to HailHailtoMichigan!
I know how he feels. Back when Bitcoin was around $200 or so, a friend of mine set me up with a bitcoin wallet on my old laptop. He also gave me $15 worth of bitcoin. 2 months later my hard drive crashed with (I thought) nothing valuable. Fast forward today, those bitcoins are now worth $2500.
Posted on 1/12/21 at 6:24 pm to lsu777
quote:
Well when you have been buying and selling them since they were 0.13 it tends to happen.
Ok....like I said, the irony just struck me as funny. Lol.
Posted on 1/12/21 at 6:31 pm to theenemy
quote:
Ok....like I said, the irony just struck me as funny
Oh it is, I can laugh about it now.
Posted on 1/12/21 at 6:43 pm to HailHailtoMichigan!
I would have that info in multiple safety deposit boxes at different banks to ensure I would never have this problem
Posted on 1/12/21 at 6:56 pm to Miketheseventh
All yall saying you woukd have it stored all over.....yall realize he prolly bought the btc when they were like .10 right? It wasn't worth much when he bought to have all those safe guards and he prolly never imagined it would be worth what it is.
Easy to say that in hindsight but at the time, he prolly thought at most it would be worth 25k one day.
Easy to say that in hindsight but at the time, he prolly thought at most it would be worth 25k one day.
This post was edited on 1/12/21 at 7:12 pm
Posted on 1/12/21 at 7:03 pm to HailHailtoMichigan!
I have all my passwords to everything on my hard drive, but it is not the actual password. It is a riddle that only I know (life events) to remind me of what it is.
Posted on 1/12/21 at 7:05 pm to lsu777
quote:
All yall saying you soils have it stored all over.....yall realize he prolly bought the btc when they were like .10 right? It wasn't worth much when he bought to have all those safe guards and he prolly never imagined it would be worth what it is.
It was probably worth a few hundred bucks at the time.
I can afford to lose a few hundred bucks but I would still know for damn sure how to access that money. And he presumably believed in it and thought it likely to increase in value, albeit not to 200 million plus.
If he thought it was all bullshite, seems kind of strange to drop any money at all into it.
Posted on 1/12/21 at 7:08 pm to HailHailtoMichigan!
To think the dumbshit didn't have it in multiple forms and in a lock box at a bank at the very least.
What was the thinking of putting a lost forever lock on something.
What was the thinking of putting a lost forever lock on something.
Posted on 1/12/21 at 7:09 pm to HailHailtoMichigan!
he needs to try ******* and see if hunter2 works
Posted on 1/12/21 at 7:15 pm to lsu777
When the dollar loses enough value ur government will outlaw the ownership of Bitcoin by Americans just as they did gold for several decades prior to 1971.
Posted on 1/12/21 at 7:27 pm to JDGTiger
quote:
When the dollar loses enough value ur government will outlaw the ownership of Bitcoin by Americans just as they did gold for several decades prior to 1971.
That’s the beauty of bitcoin, no way to know I own it, can’t be taken from , I can exchange It for currency in another country all independent of the U.S. government, or banking. system
Posted on 1/12/21 at 7:32 pm to EA6B
This is for anyone with the answer, what happens to the coin when you burn through all your password tries.
Posted on 1/12/21 at 7:36 pm to TIGER2
quote:
This is for anyone with the answer, what happens to the coin when you burn through all your password tries.
In this particular case the coins are on a hard drive that encrypts after 10 missed password trys. So the coins are still there, it's just the hard drive will encrypt all the data and it will essentially be impossible to get off.
Coina are always still in the wallet on the drive but Essentially they would be lost forever.
Posted on 1/12/21 at 7:39 pm to lsu777
quote:
Btc is only up 300%+ in a year and 32,000% in the last decade.
What stop's JPMorgan from creating their own, better blockchain? Serious question. What are the chances that the first major cryptocurrency actually ends up being the best?
Posted on 1/12/21 at 7:40 pm to EA6B
quote:
That’s the beauty of bitcoin, no way to know I own it, can’t be taken from , I can exchange It for currency in another country all independent of the U.S. government, or banking. system
*for now.
Posted on 1/12/21 at 7:40 pm to EA6B
quote:
That’s the beauty of bitcoin, no way to know I own it, can’t be taken from , I can exchange It for currency in another country all independent of the U.S. government, or banking. system
Uhh depends on how you funded the account, are your coins in Any wallet that has a connection to you registration wise etc.
Could I keep the Feds, even the nsa and the Cia from knowing I had the coins, absolutely. But its ahige huge pain inbthe arse, i would have to use sketchy as frick sites to tumble the coins mutiple times and every time I do so, I run the risk of getting the coins taken.
If I wanted to use them, it would be a huge pain in the arse if the government did that.
Do able...absolutely. it's done every day with the black market, but its a pain in the arse and I wouldn't do it unless forced to.
But the Feds are going to outlaw btc. For one, they tax the gains off of it, and second if they did, the price would fricking sky rocket as people would know insane amounts of inflation are coming.
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