/biz/ - Business & Finance

>>25875355
I would probably rope honestly. That is worse than losing the keys altogether

At the end nothing matters

>>25875355
What's the greek myth about the guy surrounded by water but can't drink it?

get fucked silicon valley tranny

>>25875355
He could offer half of it to a hacker

classic midwit getting rekt while trying to outsmart everyone while dimwits like me have a literal .txt file named crypto keys on their desktop

>>25875355
Thats why I keep my coins on an exchange, get fucked autismos

>>25875355
I would just sell the wallet for a million dollars. Maybe people in the future will be able to hack it.

>>25875759
Can you even hack these things?

>iron key
guess his wallet has stronger hands than he does

>>25875770
>literal .txt file named crypto keys on their desktop
that's a terrible idea, multiple people have been hacked already storing their keys in plain text.
>>25875355
Imagine having 220M in crypto and storing it in a single wallet.

>>25875355
Huh?
For promise of 50% of that 7000 BTC he could hire people from IronKey so that they tell him how to copy what's inside to have unlimited tries.

>>25875721
This he probably fucks niggers

>>25875355
At least he is "worth" millions now.

>>25875627
King Midas, which is actually quite appropriate.

>>25875355
Why doesn't he clone the disc? What am I missing?

I don't understand these encryption fags. If you have to store a password to your encrypted folder somewhere then why not save the extra step and simply store your keys there instead. Also why not memorize your words for extra safety?

>>25875355
He should try these
>Password
>1234

>>25875879
impossible if you just have an old shitty laptop not connected to the internet and have a USB backup that only ever goes into that laptop as well

you'd have multiple sources that could never be hacked, only physically stolen, which is also solved by:

storing the usb drive in a safety deposit box
keeping the laptop in a safe that can survive a fire at your home

pretty much set for life with that setup

I had this issue with an old blackberry full of my ex gf's nudes and couldn't get it open, it wiped.

>>25876018
The world is full of "smart people" that are real world retards and would starve without a whole foods nearby

>>25875355
yeah.. i just keep my keys in txts on external harddrives

>>25875878
Based

>>25876093
>there's still that nude 240p video of a hottie from high school that i saw but never saved
why live

>Not having three varying phonetic passwords for everything that you know how to write down by memorizing the sound
>Not having a functional memory

Sucks to be him, he should try some mexidol and maybe reflect on why didn't he treat this wallet seriously and wrote down the password on a fucking piece of paper instead of a diary/ledger like normal people.

also this story is probably fake and gay

>>25876063
a fire in your home will reach really high heats. It might be fire retardant but there's no possible way it can keep the laptop from frying

Why is everyone such a brainlet just fucking write it on a piece of paper Jesus fucking christ

>>25875355
Why doesn't he go to see an hypnotizer to do a session of regressive hypnosis? That's the first thing i'd try if such thing happened to me, you never really forget things, it merely get stuck in a mental bin of stuff considered non essential by your brain.. what a retard.

>>25876063
Well obviously if you never connect it to the internet it's safe, but I don't think that was his case >>25875770.

Still a good idea to split it over multiple wallets. One of them could get compromised due to unforeseen circumstances, and you will be happy you didn't store everything on it.

>>25876243
he did and lost the paper

>>25876018
encryption fags are fucking retarded

>write in on paper
>one thing you can lose

>have an encrypted folder and a password
>two things you can lose

>>25876314
except false memories are very real and assuming the crypto is too, that would be a very expensive fraud..
then again this guys story is fake as fuck trying to solicit sympathy donation via press coverage for a fake story

>>25875979
>>25875627
tantalus...

>>25876347
Words are easier to remember than a combination of numbers or letters why not just memorize. You know your phrases by heart, right anons?

imagine "owning" 220 million worth of bitcoins but not being able to access them, how does it work with wealth tax? I mean paying wealth tax over 220 million?

>>25875979
It's Tantalus, hence tantalizing.

How hard would it be to decrypy an ironkey?
also why only 10 tries? since it’s there to prevent brutforcing it a 100 tires would still prevent that for any reasonable kind of password

>>25875880
I'm thinking this is the way

>>25876109
sounds like brainlet cope

>>25876093
>somewhere out there there's a blackberry full of nudes and probably even a porn vid of your wife

>>25876647
>>25875880
>you spilled water on your paper so the text in unreadable
>better ask the paper company how to retrieve text

>>25876521
Qrd on the myth?

>>25875355
Damn.. that's quite some fucked up situation.
On the other hand he would've probably sold it for $200 or something like that back in 2013 if he had the password.
>>25875879
>Imagine having 220M in crypto and storing it in a single wallet.
He probably mined it in 2010 or something like that. It wasn't a big deal 10 years ago

>>25875878
my fucking sides. but that would seriously be shit

>>25876725
>spoonfeeding newfag tourists that came to biz during bull season

>>25875355
The jew fears the bitcoin wallet...

bullish

also, major media coverage like this would be perfect if your plan was to skip out on taxes

>>25876737
Dude pisses of Zeus, is punished to eternity in the underworld. He is standing in chin high water, but every time he tries to drink the water recedes just out of reach. Branches with fruit hang above him, but every time he tries to pick the fruit a gust of wind blows the branch just out of reach.

Tantalizing.

>>25877415
Brutal. Thanks anon

>>25876204
so don't have a fire in your house, should be pretty easy if you're not a retard

>>25875759
This. Idgaf, if I was him and someone can hack through it ill give half of the BTC.

This is Stefan Thomas of Ripple / Codius btw

>people are so focused on security they lose sight of practicality

KEEP IT SIMPLE STUPID

I have all of my money in my metamask wallet and the seed phrase saved as a picture on my phone and not written down anywhere, nothing could ever go wrong

>>25877898
because of thread related I just wrote my seeds and words on another paper

>>25877701
this makes it even funnier

>>25877415
>Dude pisses off Zeus
Every greek mythology basically starts like this

>>25875355
Just clone the disk or image the disk, spin it on a VM and brute force it. wtf?

>>25875355
I have like 50 small pieces of paper everywhere with keys, master keys, passwords and whatnot to all my wallets, exchanges etc., and they're in no order at all.
Living on the edge.
But my crypto isn't worth more than like $4k anyway. But I bet didn't pay much for his btc either.

>>25875879
>magine having 220M in crypto and storing it in a single wallet.
Not just storing it a in a single wallet. But taking the effort to write down the seed phrase and never bothering to remember it. I feel like the guy in OPs article is trying to dodge taxes and pretend he lost access to it.

>>25876476
somebodyoncetoldmetheworldisgonnarollme

>>25878272
>dodging taxes
makes zero sense. Nobody would know he had those bitcoins if this were fake. And if he was spending them, people would know.

>>25875773
What if the exchange goes belly up?

>>25876476
No way. I dont want to know my phrases. If I know them I could give them out under torture.

>>25878180
This. The whole story is fishy.

>>25875355
He's stupid and doesn't deserve it. Should've had some redundancies for keeping the password stored or at least have a good memory to remember it. He doesn't deserve to pass his genes to multiple hot Russian models.

I keep my keys on my PC with an encrypted disk, on an encrypted partition on the disk, in an encrypted database on the partition. I do worry sometimes about forgetting the pws so I have a reminder on my calendar to confirm them every now and then to keep them fresh in my memory.

I am grateful for guys like this as he has made my Bitcoin more valuable. So I say thank you for your sacrifice.

>>25878398
I'm a us citizen. If I want to renounce my citizenship and go live abroad permanently, I need to pay taxes when I leave. If I believe I haven't been careful enough and they might know about my fortunes, couldn't this help me put them off for a bit?

>>25878180
Odds are there is a separate encryption chip that stores unique ID and every time you enter the password encryption software checks for this ID. Also this ID and the key are probably hashed together
Basically it’s not enough to clone the disk, you also need to clone this chip and this might be impossible.

>>25878402
>If I know them I could give them out under torture.
That's why you should memorize two phrases. One for torture insurance and the second with the majority of your holdings.

>german-born
>programmer
>san francisco
i'd unironically sacrifice all of my crypto if it meant his bitcoin would be gone as well

>>25875355
I don't think I ever successfully recovered an ill-remembered password, even if it was just on the tip of my tongue.

>>25876476
Fuck no, I don't have time for that shit. Dont fucking larp and tell me you do

i just keep my coins on coinbase lol

>>25875355
Why the fuck would anyone set up a password system that locks you out forever with no recourse if you guess it wrong?
How does that deter hackers/thieves more than a normal encryption system? If anything, thief would just purposefully blow through all the attempts to lock you out of your shit out of spite.

Imagine if other password systems worked like this. I'm a hacker and I know your email, but none of your passwords for your various online accounts, banks, etc. So I type in your email and then spam a bunch of password attempts until you get PERMANENTLY LOCKED OUT OF YOUR ACCOUNT, and then repeat with every other account too.

So many people who are going to lose their keys/seeds ITT, not even sure if people are trolling anymore it's getting that bad.
Fails:
>>25875770
>>25875773
>>25876018
>>25876141
>>25876243
>>25876393
>>25877623
>>25877898
>>25878535

>>25878871
>Why the fuck would anyone set up a password system that locks you out forever with no recourse if you guess it wrong?
>How does that deter hackers/thieves more than a normal encryption system?
Prevents brute forcing, I guess.

>>25875355
This is why I keep all my stuff split between Coinbase, Metamask, Kraken, Binance, Blockfi and Celsius

>>25878846
>i just keep my coins on coinbase lol
based. this is why I don't believe in cold storage unless you're ABSOLUTELY sure you won't fuck this up.

>>25875355
>clone dic
>infinite tries

>>25878933
Getting permanently locked out because someone tried brute forcing is even worse.

>>25878978
lol true
That's why you keep a duplicate somewhere else, I guess.

>>25878931
explain

HYPNOSIS AND RECALLING MEMORY

>>25878931
t. Stefan Thomas

>>25879001
Pick one, I'll explain. Don't have time to respond to all of them.

>>25875355
I'd take that over my gf leaving me, fuck I'd lose everything to keep her.

>>25879048
How do you recommend storing shitcoins

>>25875355
>millions in Bitcoin
>writes password on paper
Jesus, this cheap idiot gets what he deserves. Rent two secret deposit boxes at different banks - smallest ones are usually less than $100/years. Get cold TI blanks, stamp phrase, store one in each. Or get archival waterproof paper, write his password with archival ink and store one copy in each. Safe, secure, less than $100/year. Instead uses fancy encryption device but writes password on single paper and loses it.

>>25879048
shut the fuck up, there is literally not one benefit of storing your keys the way he did.

Encryption adds an additional level of vulnerability, not security

This is why I keep everything on Binance because that chink somehow pulling some bullshit and losing all my money is far less likely than me pulling some slight autism like this guy and losing my key.

>>25879359
You don't warrant a proper explanation, learn to talk to people child.

this is why I keep every Bitcoin I own on a different cold wallet and I have copies of copies of my numerous paper wallets everywhere in my basement and my sister / brother ones written so small and enrolled in capsules

>>25875770
Not keeping a metal notebook with sheet metal pages that have engraved seed phrases on your night stand.

NOT GANNA MAKE IT FRIENDORINO

>>25879337
Or just zip up a text file, with your internet password repeated 20 times over (and possibly make it a mix of a few of your common passwords), and copy it to as many drives as you can (and a few flash drives). You won't ever forget the password for that, so long as you use/have used that password(s) a lot. This method also has the added benefit that, if you are struck by lightning, as time goes on and websites get dumped, your relatives can brute your ZIP using dumped passwords of yours.

>>25879552
if you die how will your peers get back the funds?

>>25875355
The EPROM chip in this thing will have a variety of pins. Two of pins are serial output. Two pins are serial input.

>be retard
>lose multimillion dollar password
>open up device
>google for a spec sheet based on the model number printed on the chip
>desolder the two write pins, so when the device goes to erase after 10 incorrect guesses, nothing happens
>have unlimited guesses

How are people this dumb still able to function in society?

>>25875355
>It's fucking real
HAHAHAHA WHAT THE FUCK.

>>25879337
Using fancy metal wallets is just telegraphing to robbers that this shit is important. Having two boxes doubles your risk. One box is good, use normal paper, make a simple code like writing a poem or every second word not being BIP39. This way you win enough time against bank robbers.

To avoid loss in case the bank burns down you write your phrase on another paper, rip it in half, give one half to your parents. Keep one half in your home. No weakness.

>>25879636
As websites get dumped, so do old passwords. You could also tell them. Sky's the limit dude!

I literally tattooed the password to my wallet on my pubic mound.

>>25878931
So what's your suggestion? That doesn't risk losing the keys or trusting them with a third party?

>>25879489
I didn't ask for your explanation lmao, was just making fun of you Stefan

>>25879794
Based. Nobody will ever see that.

One solution I've run across is yeticold.com which uses Bitcoin core and multisig wallets with paper backups with checksums, but it's really complicated and seems like it'd be easy to fuck up. Reality is vast majority of people never get hacked so a lot of this stuff is security theater.

>>25875880
And signal that their drives are not safe? The reputation damages would be worse than the probable profit

>>25879850
I know

>>25879794
I have my 23 ledger words paint in my room

24th is tattoed in my asshole

>>25875879
at the time it was probably worth only $20000 when he locked it up

this is nothing. I was literally listed as one of the five main devs of Bitcoin in 2010 on bitcoin.org

in 2011 I was handing out 100s of btc to friends for nothing. i was young and didn't think to even stash a few.

last year I only had $200 and had to borrow from people and begin trading to build up my own bankroll from scratch, working jobs from friends.

imagine having thousands of btc from 2010 and you never kept any lol while you made everyone else super rich and comfy with your work

-btc dev

>>25879794
>>25879850
rekt

>>25879936
natural selection
if any of them gave you at least 1 BTC they don't love you

>>25879950
Not really, he's right and that was my idea anyway.

>>25879936
Nice larp faggot. I look forward to seeing '1 post by this ID'

>>25879969
they spent it all on drugs and are also broke

>>25879784
Best one so far

i store my keys on google drive hehe

>>25876093
she's probably fat and ugly now so who cares

>>25880026
complete natural selection then

>>25879784
my mom lost all my 2fa authenticator sources
don't do this
boomers don't care about anything

Is this something quantum computing could eventually solve? If so, might as well try the two remaining pass attempts now. If not, SOL my friend.

>>25879489
get off 4chan faggot

>>25875355
>encrypts data forever after 10 guesses
Why would you do this? Who in their right mind would use this device? You broke up with you girlfriend, she mashes random keys ten times and woila your money gone.

>>25880025
not a larp dickhead but then I have nothing to prove to you

>>25880125
natural selection

>>25875355
that's why you back up your keys and engrave the passwords in your head for ever.

>>25880087
then hide it 15 times over at her place, won't be a use for robbers if they find all 15

so many people ITT talking about
>burning buildings
>torture
etc
Who the fuck is gonna go out of their way to torture an ugly NEET? What nignog is gonna be like 'ah shit whyboi got dem bitcoins' if you spend all day in the basement?

>>25880264
you are correct but it's all about that peace of mind

>>25880173
this and only this.

>>25880196
GUHHH

>>25875627
Water, water, everywhere, and all the boards did shrink;
Water, water, everywhere, nor any drop to drink.

>>25875355
>not leaving all your funds on centralized exchanges

>>25879716
what is that image?

I have a library in my house, in one of the 1000+ books (boring, plain looking, hard to reach) I have hidden my ledger seed engraved on a sheet of titanium and glued between two pages ¯\_(ツ)_/¯

>>25875355
2 more guesses and then...

>>25877701
wonder if it's a publicity stunt for Polysign

>>25878399
>What if the exchange goes belly up?
this isnt 2013 anymore you fucking retard, coinbase fdic insures any usd you hold there and if they get fucked on their end they have insurance

And this is why leaving your shit on exchanges is for the best.

>>25875880
>For promise of 50% of that 7000 BTC he could hire people from IronKey so that they tell him how to copy what's inside to have unlimited tries.
i mean, obviously right? there has to be a hash, and they can get the salt. it would be easily worth it.

John McAfee could unlock it for him (for a few coins).

Separate keys into three parts, store each part hidden within different entries in a KeyPass database. Keypass database on two separate USB drives, one stashed locally in a place to access for transactions and the other hidden away from society.
Also, if you aren't a peasant and actually have a decent portfolio you should have a separate decoy USB drive with a wallet on it that just had a little fuck you money in it incase some nog's come knocking on your door asking for your Efferiums Keys. Just give them that and don't have your head blown off.

Carlos!

>>25881270
>incase some nog's come knocking on your door asking for your Efferiums Keys
This is actually cheap and brilliant. I'd put something that looks like keys on it in case they plug it in to check. If they go away with it, make sure to go into hiding immediately and send movers for your stuff for when they finally figure out what happened.

>>25875355
only 7000?

https://www.newsweek.com/man-accidentally-threw-bitcoin-worth-108m-trash-says-theres-no-point-crying-726807#:~:text=James%20Howells%2C%2032%2C%20made%20headlines,his%20home%20in%20Newport%2C%20Wales.

https://www.investopedia.com/news/20-all-btc-lost-unrecoverable-study-shows/

even i mined ltc in 2013, and the password, which i wrote down at the time, simply doesn't fucking work.

hide keys in plain sight, maybe a twitter biography where each first letter is part of the key

>>25875627
I think you’re thinking about oceans in real life

>>25881469
kinda based, but twitter bios arent long enough. maybe a google doc with "notes" with the same idea? can do the same with back phrases.

>>25881716
maybe a 1000 page public fanfic about Sergey

>>25880087
>Mom has control of my stuff
You have to be 18 to post here lil buddy. Cheers for taking an interest in crypto tho

>>25881892
topkek
never let biz see it, theyll decode it after post-nut claritt

Is this a meme? What's stopping it from just being duplicated to run around the attempts limit?

>>25876660
It's real tho. The thing about experts is that they spend all of their time in one single field, learning everything about it that's to be learned... the flipside is that they're legit retards when it comes to everything outside of their fields.

I work in a hospital with all sorts of smart cookies, but those smarts are only applied to their fields of science. I've seen shit happen you wouldn't believe anon.

This is why technocracy is dangerous.

>>25877415
so basically he's stuck swing trading/scalping for eternity
that sucks ass

>>25877415
>>25878112
>Dude pisses off Zeus
In this case he did it by butchering his own son and trying to serve him to the gods when they visited him. Incidentally, he was also the grandfather of Atreus, so the curse starts with him.

>>25875879
> Hurt someone could pick your ip out of a hat and spend hours trying to hack your machine in the hopes that you have an unencrypted text file with crypto keys on it!
You kids really all do believe youre the centre of the universe, don't you? Rest easy knowing that nobody gives a fuck about your $300 of link, champ.

>>25878603
>If I want to renounce my citizenship and go live abroad permanently, I need to pay taxes when I leave.
Is that part of the renouncing process? I thought the whole point was to not pay

>>25875355
Gotta wonder how you can just forget about 7000 BTC like that.
Even if he was really early that shit would have cost real money.
Almost nobody would have had this many Bitcoins before they were $1 or so.

>>25881444
mind sending me your wallet file? i will gladly crack & take 95%

>>25875355
No its not. Money isnt everything. Having your child die through no fault of theirs or your own is worse.

>>25882386
They were given to him for free by an early enthusiast.

>>25882345
exit tax. canada has it too. the tax is equal to selling all of your assets and realizing the gain.

>>25876063
Your USB drive could fail over time.
Just keep a copy of your seed phrase at home, and another in a safety deposit box. You could write them down in a book with one word every ten pages, if you're worried about burglars that know about crypto. It's literally that simple.

>>25880660
i got it written in a book with invisible ink.

>>25882300
Are you being serious right now? Do you really think there is no virus out there that can scan your PC for unencrypted files and send the info to someone?

>>25875880
Not how encryption works, they can't get it open. If they do have a backdoor they'd never admit it.

>>25875355
A massive fortune lost because of his simpleclumsiness. That's the stuff of legends and a warning anon should heed.

>>25875880

Lel the point of securing software is that the programmer can't think of more attack vectors to break in

>>25882445
give me the 5% now and yes

>>25882736
Yes, everyone wants your $300 kid. You're important and matter to anybody...

>>25875355
can someone tell me what the fuck is the point of having a killswitch like this coded in?

If someone doesn't know my password, let them try as many times as they want. With a proper password it would take more than the lifetimes of the entire thiefs bloodline to bruteforce it. This shit is retarded.

>>25882871
also someone could just troll you and brick it by entering too many attempts lol

>>25882871
yeah it should definitely be optional for the people who don't use "password123" for everything from email to banking

>>25882934
oh shit im totally gonna do that out of sheer spite and jealousy should i ever get the opportunity.

>>25876418
amazing intellect, really shining example of wisdom the whole world should be in service to, whats your secret senpai

>>25882856
Ok, put all your sensitive info on an unencrypted txt file on your desktop, browse random websites and use random apps for a week/month, then see what happens.

>>25875773
I use a ledger, just write your seed down and you're fine. Write it down multiple times in multiple places for safety. Coinbase doesn't insure you if I get your phone number and get into your account

>>25882300
lmao, stop posting and lurk moar newfag

>>25883073
I've literally done exactly that for like 20 years lol. I could break down why you're thinking on this is absolutely retarded, but you and I both know you wouldn't read or understand it anyways.

That's incredibly bullish.
Another 7002 BTC lost forever.

>>25883109
> lmao lurk newfag cope seethe ok boomer plebbit
Have you ever had a single thought that was your own in your life? Do you think you'd even be capable of it?

Anyway I would suggest
>N1gg€rF@gg0t69
You never know...

>>25875355
at that point you need to take a large dose of shrooms, they let you unlock old memories

>>25883171
apparently 1,500 btc is lost every day, fuck knows how, but i definitely read that somew... hang on...

https://news.bitcoin.com/analyst-1500-bitcoins-lost-every-day-less-than-14-million-coins-will-ever-circulate/#:~:text=A%20cryptocurrency%20analyst%2C%20Timothy%20Peterson,figure%20at%2018.5%20million%20coins.

there. who the actual fuck is this retarded even now?

>>25882831
All I'm saying is that, depending on the type of wallet used, the password could easily be cracked in a few days. You should look in to it (depending on how much money it is).

>>25883155
>I could break down why you're thinking on this is absolutely retarded
not the anon you're replying to but can you break it down for me?

>>25883073
I've been doing it for years and nothing happened to me

>>25883285
nah not buying it, the password i thought i used was 17 characters long

>buy Raspberry Pi and install Raspberry OS on it
>while not connected to any internet whatsoever, make a text file with your seedphrase on it
>encrypt it with PGP
>create a password you'll remember
>take a picture of the PGP signature from your phone and put it in a few cloud based storages (Drive, Dropbox, etc)
>destroy SD card used with the Raspberry Pi

That's it. You'll always have access to the PGP signature no matter what and you'll only need to remember the password.

>>25883311
Does not mean that nothing will ever happen though, you are one virus or one dumb move away from someone getting your private keys. While keeping it in an encrypted file on an admin-protected folder would protect you even if someone where to access your PC.

>>25875355
7k btc just get removed from the market. Nice

>>25883311
Does not mean that nothing will ever happen though, you are one virus or one dumb move away from someone getting your private keys. While keeping it in an encrypted file on an admin-protected folder would protect you even if someone were to access your PC.
And to answer the other anon, which I suspect is just baiting at this point, if someone gets the private keys to a $300 wallet he would definitely still empty it.

>>25875355
I feel bad for anyone who's locked out of a big stack. I'd want to neck everyday. I have a wallet floating around somewhere but it couldn't be worth any more than a couple hundred bucks.

If I was this guy, I would try hypnosis.

I won't lie. I actually feel really sad for the man. What a load of fucking, shit. Legit preying for him.

>>25881444
you should really try all variations of it, maybe you fat fingered a single letter

> 10 wrong guesses = contents encrypted forever

LoL wtf is the point. Why would you think this is a good idea? So let's say someone gets access to your wallet (steals the hard drive), and they enter in 10 passwords leading to the encryption. The person is later apprehended and you receive your stolen hard drive. Now what? It encrypted forever. Am I missing somethings? This is too retarded.

>>25883614

When I am in these sorts of situations (was recently) I write the password options on notes and then copy and paste so fat finger can be ruled out

>>25883552
>I'd want to neck everyday.
im locked out of a decent stash, plus i spent so much btc (and xmr, and billions of some other coins) on drugs since 2011 that i could have had approx 80mil gbp today if i wasn't an addict. but honest to god, it's no big deal. i learned long ago to just fucking shrug it off, i mean obviously i'd rather have the money, but dealing with it legitimately no big deal

>>25883636

I don't believe you are missing anything anon. This only makes sense if the data is sensitive information like video footage of you sucking a BBC.

>>25883286
Sure. So retard anon said earlier 'hurrr there are viruses that scan your le computer for unencrypted files!'.

Thats somewhat true, but really stop and think about it. So this magical virus scans every IP it comes across for vulnerabilities..how did it get your IP? Let's assume it somehow did, and somehow gained access to your PC. It now begins scanning for 'unencrypted files' and finds a few million on literally every computer ever.

It then magically scans through these millions of files looking for...text files? Good news were down to only 35,000 files now lol. By the way this magical virus has been doing this automatically and therefore has already done this to 80,000 other computers. The maniacal hacker who created now merely has to sift through millions (or billions) of text files looking for the random strings of characters that MIGHT be a private key. Then it's just as simple as trying all those random strings of numbers on every wallet type in the hopes that there's crypto on there. Piece of cake lol

How about this...has anyone on here ever had a random virus infect their PC, somehow find their crypto keys amongst all the data, and then somehow figured out which wallet/crypto the keys were for? I'd be shocked if that has happened literally once ever, I certainly haven't heard of it.

And it even it did happen once the chances of it randomly happening to you are astronomically low.

Like I said its just kids (ie losers) with a hyperinflated sense of importance who take comfort in the belief that anyone anywhere gives a fuck about them or their paltry crypto bags.

>>25883614
i have done, 1000 times over many years. it's gone

>>25875355
Imagine the Euphoria he'd feel if he found it though

>>25883329
Well that's too long of a password to realistically bruteforce (if you used numbers and symbols). Your best bet would be trying typos of the said password.

>>25875355
>Not your keys not your crypto
>gets blown the fuck out by losing keys

Yeah uh Mr amrstrong watch my bitcoins for me. Exchange chads rise up!

>>25883525
> Just because a meteor hasn't fallen out of the sky and hit you on the head, doesn't mean it COULDN'T happen.

That's such a gay reddit argument. Of course pretty much anything is hypothetically possible, but so what?

It's like when you say trannies are unnatural and some reddit loser says 'hurr but what about hermaphrodites!!1!'. Its like 4th grader logic and they think its some brilliant revelation they're handing you.

>>25883787
>>25883721
it's gone bro. i'll leave a copy to my great grandkids incase quantum computers ever work.

>>25883672
You're a brit? I am too nigg. If you're finished with your wallet file you should let others try and crack it, I'd even share my address with you so if I cracked it you know where to come a looking for your profits

>>25875355
fake and gay

hes never cashed a single coin? yeah right

>>25875879
My info is written on paper plates because that's all I had in the house. fuck it.

>>25879716
>EEPROM on modern device
>being able to desolder 2 pins on a surface mount device
you might be able to cut the traces going to it

>>25880540
waterboardingi 0______0

>>25883877
yeah but you wouldn't, and you'd just steal it.
my bro is a physics phd with access to one of the world's fastest supercomputers. every christmas i get him drunk and try a different method of pursuading him to brute it for me. so maybe one day.

>>25883947
>I knew exactly what you meant but you made a slight error in terminology, so I'm going to correct you to show my obvious high intellect
t. neckbeard

pro tip anons
>steel card
>engraver tool
i bought both for a total of like $70. you could probably tool share or buy/return an engraver if you feel like it.
i have two copies of my seeds and two copies of my passwords. i keep one set of the keys here and the other set at my grandmas house.
>inb4 cant trust grandma
id have kms long ago if not for her. i can trust her.

>>25884096
Gam gam is in Mexico blasting lines right now with your money

>>25875880
how to nuke your company and get sued 101

>>25884096
>airlocked pc
>5 hdd's
>50 usb sticks
one on my keyring encrypted a billion times over, one in a bank vault, one with my brother, one buried in a graveyard and more than one hidden in every room in my house.

>>25883837
>I always cross the street with my eyes closed. I have done it hundreds of times and I haven't died so far, so I can assume that it is completely safe.

>>25878696
ah, the NYC decoy wallet

>>25884096
utterly stupid solution

>multiplied risk due to multple locations
>telegraphing the worth of these words by engraving them on steel

use your brain please, never keep the entire seed phrase in one place, if you have to then encode manually like writing 100 words and only every third word counts

>>25883993
Eh, whatever. I actually cracked my mate's wallet a few years ago, it was Multibit HD, I remember him saying the password was something he typed out quickly. The wallet had about $1500 in it, and my script ran for a few seconds until it found the password: 'pass'. He gave me 20%. JS there are people out there who have cracked wallets before, you should look in to it.

>>25884237
yeah no fucker is cracking 17 random characters in lower case, upper case with numbers and special characters. i've tried and tried and tried, it's simply locked. for now. maybe one day i'll find a way.

>>25884224
Wow you are reddit, eh? What a relevant and poignant counterargument! I also just eat random chemicals I find around the house because they most likely won't kill me...no difference between that and being afraid of dying by lightning strike or some other incredibly unlikely scenario. You fucking retard...

>>25875770
BASES AF

>>25884226
What is the best solution

>>25884295
Do nothing and nothing happens. All I'm gonna say is that if it's a simple algorithm, you could try millions of combinations on it per second.

We used to use these at work; they're real and fucking stupid.

The amount of Karens that put their kids pictures on there and forgot the password..

http://support.ironkey.com/article/AA-02416/0/What-happens-when-my-IronKey-self-destructs.html

No, you can't just clone the drive.

>>25883685
>So this magical virus scans every IP it comes across for vulnerabilities.
It could, or you'd just get it by downloading a pirated game or piece of software that contained the virus. Or through a legitimate website that got compromised, and you didn't bother to match the checksum like 99% of people.
>It then magically scans through these millions of files looking for...text files?
It searches for "wallet.dat" or the equivalent in the usual places, wouldn't take even a second.
>Good news were down to only 35,000 files now lol.
You have 35,000 .txt or .doc files on your desktop, or just in your My Documents? And they all have such lovely names as "crypto keys"? Because that's how this discussion started. The guy has his keys on a .txt entitled "crypto keys", just so everyone immediately knows what's up, and right on his Desktop, just so everyone doesn't have to lok too hard.
>millions (or billions) of text files
There's not even a million files of any kind on most computers, do a complete virus scan and find out.
>looking for the random strings of characters that MIGHT be a private key
Private keys have have very specific lengths and characteristics so this would indeed be extremely easy for a computer to determine. Also looking for things like "passwords", "pwd", "key", "crypto" in the title or text.

In conclusion, you don't know shit about computers and you will hopefully get recked one day.

This is why crypto is a joke. All these steps you have to go through just to keep your shit secure but also still have the ability to access them.
And then you expect normies to do the same thing. And then you say "fuck normies" as if you don't need them to use your shitcoin otherwise your currency is completely useless.

Last week the bank called me to say someone had fraudulently withdrawn $2000 from my account. They refunded the money and issued me a new credit card. I can imagine this sounds like space age technology to some of you. Good luck with crypto, faggots.

>>25884316
Ok here's another one:
Having your keys in plaintext on your desktop is like driving your car without seatbelts nor airbag.

>>25884516
Having your keys in plaintext is like driving with the ac on and windows slightly open. Who gives a fuck.

>>25875759
I'd go so far as to offer 3/4. Hell, probably even 7/8s. $27 million is enough for my family to live happily for a generation or 3.

>>25884295

As I wrote here >>25883568 I'd try this.

The thing with information, is that the brain actually stores most of what we experience, yet it is also really good at 'compressing' and abstracting this information away.

If you know anything about programming, you can somewhat compare the way that memory works to a key-value database. In my observation, memories can be triggered much like a value can be gotten in an associative array.

Ever had an ancient memory triggered just by listening to a song, or by experiencing a smell?

Give hypnosis a go - but remember to ask for a case sensitive version of your password.

>>25883680
He's right though, the logic is if someone steals your drive they destroy the keys forever even if they are apprehended and the drive is returned to you. It mAkes zero sense

>>25884470
the chances of bruting 17 characters pisses in the face of your millions per second

>>25884480
This is the dumbest thing I've seen in a long time. Techology was a mistake.

>>25884570
Meh whatever, keep all your shit in there then, on the one day something happens maybe you'll realize how reckless you've been. Simply because you can't be bothered to move them somewhere secure.

lmao what a dumb FAGGOT

>>25884510
Retard. A 10 year old can learn this shit on YouTube. Most of the stories like OP’s pic are of people that didn’t know the significance of what they had.
You can buy a trezor and follow the simple instructions. All you have to do is memorize a pin (that you create) and store a seed phrase backup (a piece of fucking paper)

>>25884491
LOL

>>25884516
No its really not at all, chicken little.

>>25884698
My house is more likely to catch fire than have crypto stolen from inside of it.

>>25875355
Clearly you've never taken a shit so big it ruptures your anus

>>25876005
It's hardware protection that wipes the disk after 10 tries. You cant clone the drive until it's unlocked.

>>25884771
great argument fagtron you sure convinced me with those hot opinions

why not hire the people from grayshift. these are the same guys who sell machines to feds to bust into encrypted devices, im sure for 10 mil they would break it in an hour.

>>25884636
No. Firstly, are you sure this 17char pass is the one you used? There exist a few billion real human password thanks to database dumps, etc. It could be worth checking every single one against the wallet. It's also possible to generate a list of permutations of the 17char password by trying every character next to each character on the keyboard, and you could also try stuff like missing the shift key. But whatever, no one can do anything if you're not going to share your wallet - there are even professional companies that do this

>>25875568

>>25884731
Do you not understand that it's too hard for normies. Do you not understand that people have trouble with simple 8 character passwords for their Facebook accounts.
People are fucking stupid and it's exactly why crypto doesn't work. You and every other "genius" who does the right thing is outweighed by the 6 billion retards who can't even wipe their own arses. And if they can't use the coins properly then your currency is useless.

>>25879784
Literally did this exact thing years ago anon. Based

>>25875355
this is why you never use such high security unless you are extremely responsible and have a failsafe method to again gain access to your wallets.

>a fool is soon parted from his money
the proverb never fails

>>25884892
>No. Firstly, are you sure this 17char pass is the one you used?
well if it was it'd fkn work wouldn't it. i wrote it down at the moment of creation, and now it doesn't work. i have no explanation. and no im not gonna share the wallet. you want it you pay 5% of the 279 ltc on there now and it's yours

>>25876005
it's probably made up fud

>>25875355
Why wouldn't he make multiple copies of his password paper? It's fucking paper, and can easily be destroyed or thrown away by accident.
You should have at least five copies scattered across places only you have access to or knowledge of, like inside a book on a specific page or a locked metal box at your parent's place.

>>25876093
i have an old iphone like that. why the hell is bricking a phone you forget the password to the default setting?

>>25875627
The Rime of the Ancient Mariner.

>>25885016
No thanks, I would only do it for fun anyway. By all means though, learn to program and crack it yourself, it could be worth your while after all

>>25885233
it's near enough impossible dude. i definitely didn't use "pass" (or any common password) as the pw. no chance. it's just... one of those things. maybe the wallet is corrupted, who knows.

>>25885195
he mined them in like 2010 when it was worthless.. imagine your coins are worth like 2$ you dont really care about all that security in 2010

>>25876478
yeah he probably made up the story to avoid taxes. will cash out in a few decades. why else would this story even make the news? would you call up a news channel and say "hey I'm a retard do a story about me"?

>install security measure to stop bad actors from accessing your data
>security measure also allows bad actor to prevent you from permanently accessing your data

>>25884510
Crypto literally is a joke. You can make a fortune buying and selling it to idiots who think they are smart.

>>25884871
I'm not trying to convince you of anything, you're retarded. Should I try and explain calculus to you to? Seems like a worthwhile endeavor!

have fun cracking my aes 512 encrypted seed

>>25885543
How are you 'selling people crypto' exactly? Like on Craigslist or something?

>>25875355
>He didnt memorise his sneed phrase

>>25875770
chad dimwit

>>25885302
True, but he did care enough about them to back them up with an Ironkey that could lock him out forever. I still feel for the guy, what an awful situation to be in.

>>25875355
>make private twitter account
>make 24 random tweets with a part of your seed phrase as the first word
ezpz

>>25885942
I don't feel comfortable about the longevity of Twitter

>>25885942
>twitter bans your account because your email was on a republican mailing list

At least I lost mine the old fashioned way stolen on cryptsy

>>25876043
fuck you just guessed my password dude, you have some uncanny skills fren

>>25882704
What if your house burns down or the book gets wet? NGMI

>>25875627
Vaterus Cannotus, my favourite tale

>>25875979
Midas is gold.

>>25886636
i have my journal with seeds in it in a big fireproof gunsafe. I need to make a steel copy though for the safe, and I think I need an encypted drive in a safe deposit box.

>>25876018
>why not memorize your words
It sounds like when he bought in it was a long time ago when bitcoin was dirt cheap and he probably didn't take it seriously enough.

>>25884510
I had a sack of priceless artifacts in my drunk drawer and the cleaning people through it out.

>>25884480
>No, you can't just clone the drive.
what? why? you are saying you can't make a low level copy? holy shit.

>>25875770
>a literal .txt file named crypto keys
based retard

>>25875355
Literally just a kike FUD article

>retard loses seed phrase
>this is why we should control your currency goyim! Orange coin bad

>>25884096
I got a metal stamping kit for $20 when bitcoin reached four digits, before that I used literal pen and paper. It's that easy.

it would be extremely painful

>>25876679
This thought haunts me every night

>>25875627
It's Paul Bunyan bro

>>25879936
I believe it.
Developers are not economists. And who could have known back then anyway?

>>25875355
Imagine buying more than $500 of any kind of asset and not just storing on your drive with a brainlet-tier password and then never telling anyone that you own it.

>>25875355
imagine if he guessed the right one but simply missed a keystroke

>>25880540

Maiden Monday was yesterday.

>write poems with seed encrypted in them
>save poems in common e mails in different services
>write poems in a notebook
>just have to remember the key to decrypt them
Name one flaw

>>25875627
Darude Sandstorm bro

>>25875627
Nigga that's the ocean.

>>25876093
THIS
fuck

>>25884856
I'm pretty sure you could disassemble the hardware and make a perfect copy. It probably won't be cheap.

I wonder how many of those "lost" and unaccessible bitcoins exist

>>25878399
I remember making my coinbase account in 2012 and 2013, people were saying it wasn't safe. nothing bad ever happened yet that I am aware of

>>25890993
kek, I'm pretty sure you type one letter at a time and take 5 min to enter it when you do it

>>25885618
>It would take a computer
>a computer
>a
https://www.youtube.com/watch?v=loMEF18Ir4s
is that your heart rate rising? :^)