Check This Crazy Story Out.... Guy Has 2 Cracks At Password Or Loses 220 Million Bitc

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • jjgold
    SBR Aristocracy
    • 07-20-05
    • 388179

    #1
    Check This Crazy Story Out.... Guy Has 2 Cracks At Password Or Loses 220 Million Bitc
    Wow

    There aren’t many good ways to lose $220 million, but this New York Times article highlights a particularly egregious one — losing millions of dollars in bitcoin because you forgot the password to your digital wallet.


    Stefan Thomas’ 7,002 bitcoin (worth roughly $220 million) are locked away in an IronKey hard drive, according to NYT’s Nathaniel Popper. The problem is he can’t remember the password, and he’s just two failed password attempts closer to losing them forever due to IronKey’s strict security protocols. There is the possibility of paying someone to crack the drive, but Thomas would have to have the time and money to make that happen.


    It’s a darkly comedic scenario, and Popper’s story hits all of the cryptocurrency classics to help explain it. There’s mention of the volatile nature of bitcoin’s value and the currency’s mysterious creator, but what the article makes staggeringly clear is how common losing bitcoin actually is.
  • Sam Odom
    SBR Aristocracy
    • 10-30-05
    • 58063

    #2
    Yup

    Crazy
    Comment
    • cincinnatikid513
      SBR Aristocracy
      • 11-23-17
      • 45360

      #3
      12345
      Comment
      • CWD
        SBR Hall of Famer
        • 01-22-12
        • 7665

        #4
        bologna1
        Comment
        • JAKEPEAVY21
          BARRELED IN @ SBR!
          • 03-11-11
          • 29311

          #5
          Pay some genius half the bitcoin in there if they can crack the drive.
          Comment
          • stevek173
            BARRELED IN @ SBR!
            • 03-29-08
            • 27598

            #6
            You would think he could work it out with IronKey
            Comment
            • MinnesotaFats
              SBR Posting Legend
              • 12-18-10
              • 14758

              #7
              Just use "Incorrect"

              Every wrong answer reminds you what it is.
              Comment
              • Otters27
                BARRELED IN @ SBR!
                • 07-14-07
                • 30760

                #8
                God won't let you get rich if he knows you can't handle it
                Comment
                • Sam Odom
                  SBR Aristocracy
                  • 10-30-05
                  • 58063

                  #9
                  About 20 percent of existing Bitcoin appear to be in “lost or otherwise stranded wallets,” the Times reported. That amounts to around $140 billion.
                  Comment
                  • JMobile
                    SBR Posting Legend
                    • 08-21-10
                    • 19074

                    #10
                    nullnull
                    Comment
                    • Checkerboard
                      SBR Hall of Famer
                      • 05-15-06
                      • 7799

                      #11
                      Stop thinking about it, and it will just pop into your head.
                      Comment
                      • jjgold
                        SBR Aristocracy
                        • 07-20-05
                        • 388179

                        #12
                        Originally posted by Sam Odom
                        About 20 percent of existing Bitcoin appear to be in “lost or otherwise stranded wallets,” the Times reported. That amounts to around $140 billion.
                        thats unreal
                        Comment
                        • pologq
                          SBR Posting Legend
                          • 10-07-12
                          • 19899

                          #13
                          crazy crazy story

                          for my bitcoin wallet i write down my password cause of how intricate it is compared to other passwords
                          Comment
                          • aveeno
                            SBR Sharp
                            • 11-27-20
                            • 284

                            #14
                            Originally posted by Otters27
                            God won't let you get rich if he knows you can't handle it
                            There is not a more accurate statement.
                            Comment
                            • Booya711
                              BARRELED IN @ SBR!
                              • 12-20-11
                              • 27329

                              #15
                              I hope I finally figure it out....
                              Comment
                              • pablo222
                                SBR Hall of Famer
                                • 01-03-19
                                • 8858

                                #16
                                Good luck Booya
                                Comment
                                • jjgold
                                  SBR Aristocracy
                                  • 07-20-05
                                  • 388179

                                  #17
                                  Has to be a way
                                  Comment
                                  • MickeyMan
                                    SBR Hall of Famer
                                    • 10-20-09
                                    • 5091

                                    #18
                                    BOL Booya
                                    Comment
                                    • stackz125
                                      SBR Hall of Famer
                                      • 01-03-16
                                      • 6191

                                      #19
                                      Qwerty1!
                                      Never fails.
                                      Comment
                                      • RudyRuetigger
                                        SBR Aristocracy
                                        • 08-24-10
                                        • 65084

                                        #20
                                        only 220 million?


                                        really not even worth it
                                        Comment
                                        • texhooper
                                          SBR Posting Legend
                                          • 01-05-09
                                          • 10001

                                          #21
                                          Yeah I heard about this and I don’t know how IronKey works but there’s gotta be a way to get the password reset or something.

                                          One way or the other...there is a way
                                          Comment
                                          • RudyRuetigger
                                            SBR Aristocracy
                                            • 08-24-10
                                            • 65084

                                            #22
                                            Originally posted by texhooper
                                            Yeah I heard about this and I don’t know how IronKey works but there’s gotta be a way to get the password reset or something.

                                            One way or the other...there is a way
                                            I think we need some guy named WILL for that
                                            Comment
                                            • johnnyvegas13
                                              BARRELED IN @ SBR!
                                              • 05-21-15
                                              • 27897

                                              #23
                                              The password is password did he try that
                                              Comment
                                              • pologq
                                                SBR Posting Legend
                                                • 10-07-12
                                                • 19899

                                                #24
                                                Originally posted by RudyRuetigger
                                                I think we need some guy named WILL for that
                                                Comment
                                                • pologq
                                                  SBR Posting Legend
                                                  • 10-07-12
                                                  • 19899

                                                  #25
                                                  Comment
                                                  • SamsNCharge99
                                                    SBR Aristocracy
                                                    • 10-22-08
                                                    • 41242

                                                    #26
                                                    Good luck to him
                                                    Comment
                                                    • jjgold
                                                      SBR Aristocracy
                                                      • 07-20-05
                                                      • 388179

                                                      #27
                                                      He will make a deal with someone to crack
                                                      Comment
                                                      • asiagambler
                                                        SBR Hall of Famer
                                                        • 07-23-17
                                                        • 6827

                                                        #28
                                                        The bitcoins are always recoverable if he has the seed phrase and he has unlimited tries at that
                                                        Comment
                                                        • RudyRuetigger
                                                          SBR Aristocracy
                                                          • 08-24-10
                                                          • 65084

                                                          #29
                                                          he could just sell the hard drive for 10 million



                                                          you idiots ever think of that?????????????



                                                          hell, scientists think monkeys have typed all of shakespeare as well


                                                          not only did they do that, they did it infinitely
                                                          Comment
                                                          • ttwarrior1
                                                            BARRELED IN @ SBR!
                                                            • 06-23-09
                                                            • 28460

                                                            #30
                                                            8k worth here lost
                                                            Comment
                                                            • DiggityDaggityDo
                                                              SBR Aristocracy
                                                              • 11-30-08
                                                              • 81450

                                                              #31
                                                              Originally posted by pologq
                                                              crazy crazy story

                                                              for my bitcoin wallet i write down my password cause of how intricate it is compared to other passwords
                                                              Same here

                                                              And so did the guy in the article, but he lost the paper.
                                                              Comment
                                                              • Booya711
                                                                BARRELED IN @ SBR!
                                                                • 12-20-11
                                                                • 27329

                                                                #32
                                                                Originally posted by ttwarrior1
                                                                8k worth here lost
                                                                I always knew you were a dumbfukk....but this here rubber stamps it....
                                                                Comment
                                                                • pablo222
                                                                  SBR Hall of Famer
                                                                  • 01-03-19
                                                                  • 8858

                                                                  #33
                                                                  This would be more stressful than deciding to cut red or green wire on a bomb.
                                                                  Comment
                                                                  • ThaTopMoron
                                                                    BARRELED IN @ SBR!
                                                                    • 04-30-10
                                                                    • 27020

                                                                    #34
                                                                    how do people end up in these outrageous situations? a freaking password to a bitcoin wallet?
                                                                    Comment
                                                                    • d2bets
                                                                      BARRELED IN @ SBR!
                                                                      • 08-10-05
                                                                      • 39995

                                                                      #35
                                                                      Can he donate the bitcoins for a charitable deduction?
                                                                      Comment
                                                                      Search
                                                                      Collapse
                                                                      SBR Contests
                                                                      Collapse
                                                                      Top-Rated US Sportsbooks
                                                                      Collapse
                                                                      Working...