[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 129 KB, 1410x793, hidethepainharold.jpg [View same] [iqdb] [saucenao] [google]
29311024 No.29311024 [Reply] [Original]

So, my boss is invested in crypto. He wanted to learn how to use defi dapps. I explained to him how aave worked, and how he could borrow USDC on his ETH collateral and buy more ETH.
He was very interested and created a wallet(coinbase wallet app) and sent 130ETH to his new wallet. He sent the ETH to AAVE and borrowed USDC and bought more ETH.
He calls me this morning and said he couldn't access his wallet, that it was asking for a recovery seed. He said he didn't remember the app prompting him to write down a seed phrase. He said he feels sick, and is shaking.
I kind of feel responsible for encouraging him, but what else could I have done?

>> No.29311100

Haha what a fucking dingus

>> No.29311126

>>29311024
Time to start looking for a new job

>> No.29311157

Bullish

>> No.29311207

I’d quit even if you don’t get fired

>> No.29311209

It was nice knowing you OP

>> No.29311222

Based and insubordinate pilled

>> No.29311229

>>29311024
Maybe he shouldn't have been impatient?
How do you not remember to write it down, it literally uses big fucking letters and screams in your face "RETARD WRITE THIS DOWN OR YOU ARE FUCKED".
if you warned him to pay attention not your prob man, but he will still blame you.

>> No.29311230

kek you just made the next peter schiff, hes gonna fud the shit out of crypto now

>> No.29311234

wait you were supposed to write down/remember those words?

>> No.29311235
File: 19 KB, 533x497, 1605351419924.png [View same] [iqdb] [saucenao] [google]
29311235

>Don't invest what you cant afford to lose

>> No.29311244

>>29311024
Fake.

>> No.29311264

>>29311024
Mate if he was retarded enough to ignore something like a seed phrase prompt with that much money on the line then he was fucked anyway. I got into crypto with literally $50 years ago and spent hours researching in advance. For $200k I would've been researching weeks in advance.

>> No.29311288

>>29311126
Yeah, I agree

>> No.29311302

even i would work for that kind of boomer retard

>> No.29311316

>>29311024
>He said he didn't remember the app prompting him to write down a seed phrase
Well either he has dementia or he's lying to you. He's a fucking demented monkey and yeah, you shouldn't have introduced him to it

>> No.29311349
File: 7 KB, 246x205, 1546491704737.jpg [View same] [iqdb] [saucenao] [google]
29311349

>>29311024

>> No.29311357

>>29311024
Tell him you can recover his wallet, but you want him to wire you $200,000 first. When the wire goes through, never communicate with him again.

>> No.29311368

>>29311230
kek

>> No.29311431

>>29311207
I'm probably going to quit soon

>> No.29311485
File: 74 KB, 737x758, 1613801331877.jpg [View same] [iqdb] [saucenao] [google]
29311485

that's why i told my mom that if she gets into crypto i'll beat her with a stick

>> No.29311491

>>29311357
Lmao

>> No.29311493
File: 40 KB, 300x373, 1548041106386.jpg [View same] [iqdb] [saucenao] [google]
29311493

>>29311024
>He said he feels sick, and is shaking

>> No.29311503

>>29311024
I have a friend I brought into crypto... JESUS FUCKING CHRIST HE MAKES ME MAD. Thank you OP, it makes me glad that these incompetent low iq PIECES OF SHITS get what they deserve. Fucking dumb cunts, they're dealing with money and won't even make sure everything is correct. Jesus fucking christ dude, jesus fucking christ

>> No.29311570

>>29311316
"Cant i just call the wallets it support?"

>> No.29311606

so now there is 130 ETH somewhere, lost forever

i wish he would have bought rubic instead

thanks based boomer

>> No.29311630

>>29311024
This is why there will be no mass adoption for defi. People don't actually want to be responsible for their money, they want a big bad bank they can call to shout at a clerk

>> No.29311744
File: 96 KB, 1448x985, 2021-02-21 19_30_05-Window.png [View same] [iqdb] [saucenao] [google]
29311744

>>29311024

>being so greedy that this isn't good enough

>> No.29311755

>>29311630
I agree 100%
Most people don't want the responsibility

>> No.29311888

I am still surprised by how therr are still stupid anons that keep on spewing their investments to anyone in their life. Just shut the fuck up and hold, retard. holy shit.

>> No.29311938
File: 26 KB, 332x1024, 1613780996428.jpg [View same] [iqdb] [saucenao] [google]
29311938

>>29311024
>THIS IS COMING OUT OF YOUR PAYCHECK ANON

>> No.29311956

>>29311024
I would quit. I wouldn't be able to deal with the guilt, even though it's not really your fault. Nobody should start diving into DeFi shit the week they get into crypto.

>> No.29312097

i hope this isn't larp.

>> No.29312150

>>29312097
No larp fren

>> No.29312175

>>29311024

Boomers fault for wanting to jump right in to crypto, wallets, etc. Seed phrases are common w a lot of non crypto apps, but guessing he's never done anything like that either.

Ask him if its possible he saved it in a text document or emailed it to himself. You never know.

>> No.29312258

>>29311024
pls be true, kek

>> No.29312297
File: 77 KB, 300x360, 1343179381650.jpg [View same] [iqdb] [saucenao] [google]
29312297

>>29311230

>> No.29312346

Tell him us chan bros thank him for his contribution.

>> No.29312448

>>29311024
boomer should just let their on coinbase or some institution, unironically

>> No.29312497

>>29311630
My parents can't even understand buying and selling stocks/index funds on vanguard. So they pay someone at bank of America to handle their funds. Until banks make their own exchanges crypto won't see mass usage.

>> No.29312665

>>29311024
Now you know what true "diamond hands" actually are.

Boomers who forget their password.

>> No.29312903

>>29311024
I have a solution for him and you:
You need to check his computer if it takes daily images of his computer as a back up.
If it did have an image of his hard drive prior to the seed phrase request, he may have access to his wallet using his password only.
That if he was using a hardware wallet, if he used online wallet, he is fucked royally and so are you for not training him on crypto 101 seed phrase management.

>> No.29312978

>>29311888
checked, and this, ffs

>> No.29312994

>>29312665
>alzheimer hands

>> No.29313085
File: 103 KB, 479x715, CD401C8A-7FFE-4675-8834-C04CE7FCC9A4.png [View same] [iqdb] [saucenao] [google]
29313085

>He didn’t even do a $3 test send to his wallet to verify that it works
HAHAHAHAHAHHAHAHAAHHAHA
*inhales*
HAHAHAHAHAHAHAHAHAHA

>> No.29313170

>>29312903
He created the wallet on his phone, I explained to him the importance of seed phrases

>> No.29313214

>>29311244
This. Fukken coinbase wallet literally hounded me until I completed the backup procedure
Also checked

>> No.29313306
File: 184 KB, 483x470, 1613317351062.png [View same] [iqdb] [saucenao] [google]
29313306

>>29311024
Don't even try to help normies get in crypto. They will either
a. fuck themselves over and blame you, not themselves
b. Win big, but will completely forget to say thank you

>> No.29313399

Aren't you required to confirm your seed phrase by filling in certain words before proceeding?

And why would it reset within one day and require seed backup?

>> No.29313439

>>29313214
You can skip over these prompts and still use the wallet, until you sign out. I think that's what he did.

>> No.29313674

The coinbase wallet app will let you use the send/recieve function without confirming seed phrase, I just tried it

>> No.29313773

>>29313306
Lesson learned.
Normies are gonna have to fend for themselves