Lost Passwords Lost Fortunes

Would losing your password to fortunate cause you to lose your health?

  • yes

    Votes: 1 14.3%
  • no

    Votes: 5 71.4%
  • unsure

    Votes: 1 14.3%

  • Total voters
    7
I don't own BTC but I have a small bet on altcoins with a mixed basket.
All in paper wallet. Generated and printed offline. 5 copy for each wallet saved at home, work and abroad. Cache and memory cleaned before going online to fill them up with cryptos.
Like taking any risk... You need to make sure you are not "fooled by randomness".
This safe back up was relatively costless.
 
This is a horrible story. 220 million locked with two guesses left? Talk about psychological torture. Might drive me to insanity, if not suicide.
 
  • Like
Reactions: d08
This is a horrible story. 220 million locked with two guesses left? Talk about psychological torture. Might drive me to insanity, if not suicide.

Indeed. It's all fun and games until in a fit of paranoia you change all your passwords to "&U^@#RV O6yBF5680WQ#&I2G%6$!œ", write it down, and lose the post-it note.
 
sell the iron key or drives. I am sure there is a market

The iron key IS a drive. Kinda stupid to invest in a device that self-destructs after 10 failed password attempts. Military-grade encryption? Da fuq was the guy thinking?
 
Quantum computer will break a lot of encryption, and bitcoin will probably not be on top of the list for the owner (owners) of the device. Think state secrets.

Quite dangerous to have one, to be honest, you could find yourself bombed out of existence. And if you decide to attack bitcoin thinking that you'll run away with the loot, guess what? it will spread quickly that bitcoin has been cracked, so the value of the 1M bitcoins you just stole from many wallets will go to near $0 and for sure you just outed yourself that you have a QC and now a big target. Unless you're inside the Google data center or NSA facility, good luck to you.

[PS: the other place to use QC is on the mining, which is not necessarily detrimental to bitcoin price, maybe, maybe not]

Only with unlimited tries!!!

He's got 2 so no different to any normal code, but with the 200mil cost of building a quantum PC to do this specific job, slightly faster.
 
If you you were able to trade bitcoin circa 2009 in 2021 using trading apps where you didnt need an actual wallet to store it many would still be bitcoin millionaires .....
 
Oh and these news stories always pop up when bitcoin is in a raging bull market and it seems when these stories do come about its usually the signal of another hyped up bull market coming to an abrupt halt.
 
write the password on your forehead with a sharpie... or tattoo it. Every time you stare at yourself at the mirror you will know what it is. The people outside will not have any clue what those letters and numbers mean...
 
Back
Top