/biz/ - Business & Finance

>>17369530
>the future of money

>>17369530
Has there ever been a more deflationary asset in human history?

jaysis begorrah

He probably memorized the private key like a total chad

>>17369552
Yes. The Mona Lisa.

>>17369530
> confiscated the 12 online accounts, or wallets
> implying you can confiscate wallets
These are the kinds of retards our taxes are funding

He probably just hid them.
Ahh crypto is so based lol.

So whatcu iz tryin ta say iz....


B U L L I S H

>>17369587
good luck remembering 12 private keys.

>>17369530
Yeah and in a few years when he's out and it's all forgotten he will use the real codes he hid in his asshole

>>17369530
Based he just made everyone bags more worthy, until he leaves prison and suddenly remembers the seed phrases and becomes the richest man in the world(along with hal probably unfrozed by then).

>>17369622
Let's be honest if those 12 words had millions that will probably become a billion you will play them in your head every hour until you are free from prison lol.

>agency seizes the hardware
>"hmmm I can't remember the pin"
>Serve time
>go to Minecraft server where private keys are stored
>transfer to new wallet
>millionaire again
Am I surrounded by such cum brains that you can't deduce what this guy is doing?

>>17369590
>On permanent display at the Louvre in Paris, the Mona Lisa was assessed at US$100 million on December 14, 1962. Taking inflation into account, the 1962 value would be around US$850 million in 2019
This is bullish for bitcoin

>>17369622
>good luck remembering 12 private keys.
What you can't remember 288 words? That's nothing.

>>17369651
>go to Minecraft server where private keys are stored

wat

>>17369530
>lost

>>17369651
NO HE LOST IT IN A FISHING POLE. IT SAYS SO RIGHT THERE IN THE ARTICLE

ITT retards that thinks someone doesn’t backup a private key for $52M

>>17369530
This isn't possible because twitter says bitcoin cannot be confiscated.

>>17369630
This though really, kikes are just mad they can't reach into accounts and seize assets. Funds safu.

couldbt u get a singke string and then just change the last 5 digits for the rest of the private keys so 12 accounts byt effecrivly one string?

YEAH HE MUST OF LOST HIS PK IN A BOATING ACCIDENT!

>>17369680
build minecraft server on the cloud and store the keys there. How do you not understand that?

Hahaha yeah he LOST it ok anon we believe you

He has the keys just doesnt want to give them up. How dumb are you all?

>>17369680
>He doesn't have a harvest moon save file with his seed saved in the names of the chickens and cows

>>17369530
This good for Bitcoin and good for all of us
Less supply in the circulation = higher prices

>>17369854
based

>>17369651
based and minecraftpilled

>>17369854

>>17369854
Way to expose where I hide my keys. Time to find another storage place.

>>17369822
Why not do it on a computer that's offline?

>>17369622
>be you
>a brainlet

>>17369854
>He doesn't have his keys hidden in book pages scattered across geographic locations in Skyrim

>>17370048
>He doesn't have a Pokemon Gold save file with the Pokemon's nicknames as the seed phrase in box 26 of the of PC

>>17369530
Free coin burning

>>17369854
>tradecraft
CIA would like to know your location

>>17369622
Not that hard brainlet. Consider how many digits of pi people memorize.

Hard to imagine how many dude weed bro’s are now multi millionaires thanks to the early days of Silk Road

>>17370022
what if you can't physically access the computer to put it back online? Say your physical server is out of country and you are now under a travel ban? Or the physical server gets destroyed and you have no backups.

Just hide it in the cloud with multiple snapshots and use a brain wallet as your password.

Or just use a brain wallet and pray your don't get amnesia

>>17369530
>Lost them in a fishing accident
Sure buddy. Who is to say you dont have another set somewhere?

>>17370081
>>17370048

>he didn't edit a commonly traded frog picture on a Cia honey pot autism magnet and simply insert the phrase as alphanumerics that the image viewers dismiss as error

>>17369530
How do you even prove that he has or has not access to them?

>>17369591
When I was 17 in 2017 I got caught with a scam. Anyway they asked me about how I moved some funds or so and I told her I used PayPal and she(the detective) laughed and said "Oh i don't know those internet things". The whole fucking case was a big comedy. They didn't even ask me about where the scammed money was so I just kept it kek. Even the money sniffing dog couldn't find my cash stack. What a fucking time that was. Glad it went extraordinarily well. Got 20k linkies now.

>>17369530
>The Criminal Assets Bureau (Cab) has confiscated the 12 online accounts
kek, why, because they wish they did? fucking boomers have a rude awakening coming. it's not like in their world where everything is some negotiation based on peoples' feelings. it's computer science. no keys, no confiscation. boomers should just fucking kill themselves now and save themselves the pain that is coming for them.

>>17370290
based fuck boomers lel

>>17369622
NoLinker subrace detected

>>17370267
lol

>>17369530
>confiscated the wallets
>don't have the keys
why even write the first headline, load of shit

>>17370375

It's almost like journalism degrees are a fucking scam

>>17369530
>a fishing accident
so bitcoin codes are like guns

>>17370534
if those coins move he's toast

This is why I'm thinking the best private key us one derived from personal media.

>>17370544
If he gets out his stash will be worth billions. You think he cant pay off a small equatorial country to not hand him over to Irish cops?

>>17370267
you’re an idiot lol.
They rely on retards like you actually believing they’re that retarded to get you to relax and loosen your lips. They’re not actually that dumb. It’s like politicians, and this whole board.

>>17370648
whos to say someone didn't steal the fishing rod? then thanks to this news article they became aware of it's contents and moved it off into a mixer or monero and he gets all his money back? I don't even know if there's a law that would stop him taking it back in future.

>>17370544
he can be anywhere in the world under any identity he likes when those coins move. what exactly are the potato niggers going to do?

>>17369680
>he doesnt write out his bitcoin private keys in giant pink wool blocks on random minecraft servers hosted on your 3rd grade friends computer

>>17369743
he didn't only store the code in the fishpoles retard. that's a meme told to agents. he has the private keys stored somewhere else

He can mlve to the Seychelles and be out of their reach. They allow anyone to go there for any crime except for murder

>>17370836
You are the retard.Have you no ability to detect sarcasm?

>>17369680
>he doesn't have a redstone created computer to generate your private keys when accessed

>>17369778
You only need one seed phrase that can generate all 12 addresses sequentially. People in this topic are retarded

>>17369530
>confiscate a bitcoin account
>account
>without knowing the private key
>when the private key is literally what their understanding of a "bitcoin account" is

what did i just fucking read?

>>17369622
Well he should have put them into 3 wallets, then create three different 12 word phrases that are easy to memorise for you. Unlikely you'll forget that then. I swear criminals can be the dumbesr retards.

>>17369530
Bullish as fuck for bitcoin. I bet the true supply is far less than the official 18 million btc number due to the thousands of people who have lost their coins over the years. I wouldn't be surprised if half the bitcoins ever mined have been lost forever and less than 10 million are still around today.

>>17369530
what if the trouble of hiding keys is the bottleneck keeping normies from using BTC?

>>17369530
>uh yeah I uh lost them oops
Good for him. Imagine getting millions and millions taken from you because of a fucking plant

>>17369530
ID checks out OP "JOB" for this is rigged job and anyone who believes he lost those accounts is a moran

>>17369530
>cab says the keys are "lost"
AHAHAHAHAH CAB BTFO NO BITCOIN FOR YOU

>>17370267
Gay story, tell another.

.the best thing is to hold sustainable assets in crypto,Finnexus is the best because FNX tokens can be converted to USDT after the sale even if the price drops by 10 times

>>17369548
>police was unable to confisceta 50 million from a drug dealer because he "lost" his keys
>not future of money
pick one retard

>>17369651
They seized his wallets bro, he can't put in the pin code if he doesn't have them lol retard

NOOOOOOOOOOOOO WE CANT TAKE THIS MANS HARD EARNED MONEY

>>17371190
Why post if you don't even know how hardware wallets work? When setting them up you're given a recovery seed, you don't need the pin.

>>17370948
wouldn't it not really matter what the supply is, only the price?
if there were only 1000 BTC ever made and each was worth $1 is the same as a world where only 100BTC exists and each is worth $10, so buying a big mac in world 1 costs 3 BTC and in the other 0.3BTC.

>>17371291
What it means is that btc is still very undervalued because people think there is far more supply than there actually is.

>>17369622
Easy.
>sha256("mysupersecretpassphrase-wallet1")
>sha256("mysupersecretpassphrase-wallet2")
>sha256("mysupersecretpassphrase-wallet3")
>sha256("mysupersecretpassphrase-wallet4")
>sha256("mysupersecretpassphrase-wallet5")
>sha256("mysupersecretpassphrase-wallet6")
>sha256("mysupersecretpassphrase-wallet7")
>sha256("mysupersecretpassphrase-wallet8")
>sha256("mysupersecretpassphrase-wallet9")
>sha256("mysupersecretpassphrase-wallet10")
>sha256("mysupersecretpassphrase-wallet11")
>sha256("mysupersecretpassphrase-wallet12")

>>17371445
Based

>>17369530
>seized
>no keys

>>17369530
kek these boomers actually fell for that lie

>>17371488
>Ohhhhh sorry. I don't know where my Bitcoin account passwords went! Ohhh damn, but you guys seized my accounts? Wow.. congrats on this, seriously. I'm so excited for you guys..

>>17369530
Cool I’ll just go and confiscate the satoshi addresses, I didn’t know you could do that until now.

>>17369651
lmao based

>>17370948
https://bitinfocharts.com/top-100-dormant_1y-bitcoin-addresses.html

>Coins not moved since june 2017 5.47M
>Coins not moved since febraury 2018 8.75M
>Coins not moved since 2019 12.58M
>Coins not moved for the last 365 days 13.15M

>>17371145
this i wouldn't plead otherwise

and this gentlemen is why bitcoin is unconfiscateable
(unless you are literally retarded)

>>17371328
You're just imagining what other people think. If people don't see value in Bitcoin, then they won't buy it. It doesn't matter how small the supply is.

>>17369622
brainlet detected.

>>17369530
>Craig adds those address to his list of BTC holdings

The break in where someone robbed his house was obviously done by one of his drug dealing associates. Irish police confirmed for dumb as fuck.

I just realised half of /biz/ doesn't know how wallets work

I saved my seeds in a commadore 64 rpg in an emulator I play thru a vm ware windows xp install.

>>17371190
What a dumb fucking faggot. That pin and that hardware wallet are only a key. The seed phrase is what is securing your wallet retarded faggot

>>17372928
true i always say hardware wallets are a waste of fucking money since they don't actually secure anything. they certainly can't offer secure redundancy. they are reasonably good for a hot wallet if you are worided about purely remote hacks and malware.

>>17370695
By the result of the whole thing I'd say they were actually that dumb. All that the detectives do is try to spin up some bs on how they are gonna help if you just tell it how it is. I knew that. I wasn't dumb. I was held in a prison for a night since the detective assigned to me had gone home earlier kek. During that time I went over every single detail in my mind and made up a whole new story that would massively downplay how much actual money I made and how I did it alone(since if it's a group organized thing they charge you more, did it with a friend). Also with detectives you can't be like "im not telling you anything", then they will go ham on you. I was looking at getting a criminal record, but thanks to me being "nice" and "regretful" yada yada, I got 48hrs of public service which I just paid off with a $500 donation to an animal shelter(got a deal with the prosecutor). I remember how some detective chief that I had a casual chat with since he had to "watch" me for an hour told me how I didn't look like a criminal at all kek. It's all about being "nice" to them without actually helping them much or feeding them bs info they can't verify.

>>17370695
No they are that dumb, nost cops are absolute retards. They actually prefer hiring dumb people so that they never have to deal with cops that are smart enough to question the morality of the shitty, dated laws they enforce.

>>17369552
I guess balloons.

>>17369548
Guy would have lost his money if he had kept it in a regular bank, now he probably has access to all of it.

>>17371145
The real problem is now he'll never be able to cash it out.

>>17371445
Hi,
I just put my keys into an encryption generator I found on Bing! Thanks.
Sincerely,
Ted

>>17373863
he could do monero and other swipes

>>17372693
Best

as if he would lose those keys easily

>>17369530

>Goverment niggers can't steal your crypto because you lost the key or refuse to give it up.

>>17370916
>I swear criminals can be the dumbesr retards.
Maybe that's why they are criminals

>>17370648
If he sells that stash to claim his millions then we're toast

>>17369622
>implying the one thing a nigger isn't good at is remembering strings of completely random strings of words for his fly mix tape

He's going to be the richest nigger on the planet in 3 years when they let him out again.

>>17369530
> lost the codes to access the accounts
>has confiscated the 12 online accounts
how do you confiscate the content of an online wallet when you can't access it?

>>17369854
He doesn't have his keys hidden on a secret moonbase in one of the quadrillion solar systems in No Man's Sky VR

>>17369530
>The police believes history.
Lmao. This guy will be on camen island after he is released.

>>17373940
Bing is for nigger cattle, white man writes his own tools.

how do they process someone like this? did they find drugs at his place which he is being charged for? Does the amount of money he has in bitcoin play a role in the sentencing? There's no way to know when he acquired those bitcoins, could have bought them for a few grand long time ago, or sold a tiny amount of drugs for them.
So is he going to be utterly fucked because he has a lot of money in bitcoin? I guess they could see incoming transactions and find out if he sold a lot or not, but again how do they prove that he sold those drugs

>>17374790
>>17374728

this nigger either is a retard and lost millions of dollars in crypto which benefits us all or is a genius and will be rich as fuck when he is released.

Either way I support this criminal faggots amd his fuck you to the system, Down with the jew goverment pigs.

I lost the password to my wallet and it only had 50 ETH. Still can't get over it. Losing millions like that would make me neck.

>>17369530
keys lost in boating accident? damn shame

>>17374601
makes sense