/biz/ - Business & Finance

[Anonymous No.22336979]

> trade in my iPhone 10 for an iPhone 11 Pro
> thought my ether wallet data was backed up on iCloud
> it’s not
> asking me for a seed phrase
> I never bothered to write it down

[Anonymous No.22337035]

>>22336979
and this is why cryptocurrency will never make it

[Anonymous No.22337066]

>>22336979
no refunds faggoteer.

[Anonymous No.22337073]

>>22337035
Heaven forbid someone be responsible. Dont ever use paper money because your retarded ass might lose it and blame your wallet

[Anonymous No.22337102]

>>22336979
How much did you have on there? $20?

[Anonymous No.22337103]

>crypto on a phone
lol zoomer

[Anonymous No.22337110]

>>22336979
maybe you will learn to not be so careless

[Anonymous No.22337112]

>>22336979
Yeah that's darwinism. The entire premise of having Bitcoin (especially your own wallet and not using an exchange) is to have the keys to your own vault.

[Anonymous No.22337133]

>>22337073
Not to mention all these nigga's trying to steal those few bucks from you for a bus ride

>ayo dawg, i don't need yo 1 BTC, I AM THE BBC
>gimme yo $5 bill

[Anonymous No.22337197]

>>22337066
>>22337073
>>22337102
>>22337103
>>22337110
>>22337112
>>22337133
How is it my fault. I had the app data backed up on iCloud.

Every time I get a new phone all my all data transfers over. But for some reason MEW app only stored my keys on the device.

I’m trying to get my old iPhone back to see if I can recover the data. I’m waiting outside the Verizon store right now to make sure no shipments leave.

[Anonymous No.22337250]

>>22336979

>CRYPTO
>CURRENCY
>LOSE PHONE
>YOUR ENTIRE WEALTH AND WELL BEING IS FOREVER RUINED

my sides

[Anonymous No.22337267]

>>22337197
When you get a new computer do all your passwords carry over? So why would a seed phrase carry over? The seed phrase is not supposed to be kept digitally. Someone gets access to your computer - you lose. Your computer dies - you lose. Your phone gets stolen - you lose. You need to write it down somewhere.

[Anonymous No.22337273]

>>22337103
An iPhone is literally as secure as a trezor kys

[Anonymous No.22337295]

>>22337197
What part of "be your own bank" do you not understand? You're reminded multiple times everywhere to back it up and you ignored it. You'd have been better off keeping it on a reliable exchange since it's clear you cannot be trusted to take care of yourself. Its really stupid to keep everything on your phone.

[Anonymous No.22337306]

iCloud drive can be used to store files, but iCloud backup is a joke. It doesn't actually do anything except partially set up a new phone if it even works. It should have been a part of Time Machine and your iTunes backups but Apple's not smart enough for that.

[Anonymous No.22337311]

>>22337267
The point of backing up an iPhone is so all your data carries over

The guy at the phone store said it would be ok

I had 5 figs and now I’m financially ruined

[Anonymous No.22337350]

>>22337311
>I’m ruined
>holds rsr
Yeah it was only a matter of time

[Anonymous No.22337355]

>>22336979
holding on a iphone

[Anonymous No.22337410]

Why didn't you add it to Metamask on Brave Browser so you don't have to grab your phone whenever you want to use your wallet?

[Anonymous No.22337411]

>>22337311
>pajeet shitcoin #13214
kek be glad u lost it through your own retardation so you have an "excuse" to cope yourself with.

[Anonymous No.22337413]

>>22337311
Only $12k lol. You weren’t gonna make it anyways

[Anonymous No.22337429]

Do you remember your feed phrase at least?

[Anonymous No.22337441]

>>22337197
lmao every retard out there tells you to save your seed phrase, thats like not knowing your ssn or bank number, you have those remembered at least, right?

[Anonymous No.22337481]

>>22336979
>I never bothered to write it down
How that's even possible?

[Anonymous No.22337505]

>>22336979
oh ffs

[Anonymous No.22337527]

>>22337197
brainlet

[Anonymous No.22337546]

>>22336979

>buying an iphone 11 right before the 12

Ngmi

[Anonymous No.22337556]

THERE ARE NORMIE TRADING CRYPTO FROM MEW ON THEIR PHONES THAT ACTUALLY THINK THEY ARE GONNA MAKE IT LMAO

[Anonymous No.22337590]

>>22337311
Ah I just noticed your post ID is different from OP. Fuck off. But yeah, this is pretty basic stuff and it's built ideally already.

If you can't manage to safeguard a piece (or multiple copies) of scratch paper then you're an idiot. Most people just use exchanges though.

[Anonymous No.22337739]

Rewards release dopamine. You should have stayed with X like me until you make it.

[Anonymous No.22337768]

>>22337441
I didn’t think I’d ever need my seed phrase

[Anonymous No.22337816]

>>22337768
You are actually retarded and deserve to lose that money

[Anonymous No.22337834]

>>22337768
Why?

[Anonymous No.22337873]

If you say roman numeral X as "ecks", I want you to die and you're not a person.

[Anonymous No.22337921]

>itoddler
>retarded
imagine my shock

[Anonymous No.22337964]

>>22337035
Go get it back and request a backup and tell us the story.

[Anonymous No.22337971]

>>22336979
Funny thing is, is that your redditphone was perfectly fine.

[Anonymous No.22337975]

>>22336979
Thanks for making the rest of us richer, braniac

[Anonymous No.22338047]

>>22337311
You can argue here all you want but if you took better care of your money you wouldn’t be in this position. It’s not our fault lol

[Anonymous No.22338048]

>>22337073
but he's right, the average joe doesnt want to deal with this level of responsibility and risk to secure whats possibly his life savings, even if they're just being a complete retard like OP. this is really why crypto will never become fully mainstream.

[Anonymous No.22338069]

Fuck these guys anon, sorry to hear youve gone through this. We're still early compared to normie money, and i know every time youll look at crypto youll think 'i could have had...' but thats your reality now, best to see if you can get the keys back otherwise start reinvesting back into crypto

[Anonymous No.22338117]

>>22336979
Hahahahahahaha

[Anonymous No.22338136]

>>22337273
iPhone is no more safe than an Android

[Anonymous No.22338161]

>>22338048
regulation will come eventually, and it will be cited that it's for this very reason
joe bloggs needs recourse

[Anonymous No.22338208]

>>22338136
As long as you don’t jailbreak an iPhone it’s impossible to get your data hacked

[Anonymous No.22338213]

>>22337311
What a fucking retard kek

[Anonymous No.22338248]

>>22336979
Civic sucks but if you used their 3 party multi sig wallet this wouldn’t have happened to you

[Anonymous No.22338270]

>>22338208
Is that what the iPhone marketing team has told you?

[Anonymous No.22338294]

>>22336979
This is exactly what I’d expect from you normie fags that constantly upgrade your phone yearly
Sent from my IPhone 6

[Anonymous No.22338310]

Boys, it's good to see Darwin is alive an kickin'

[Anonymous No.22338453]

>>22337311
>trading in your phone
Bro did you unironically throw away 12k just because you wanted to save 100-200 dollars?

[Anonymous No.22338458]

>>22338270
iOS has no documented vulnerabilities

[Anonymous No.22338495]

>>22338453
Hey retard did you read my earlier post

At the Apple store they said all app data would transfer over.

It’s not my fault. My ether wallet should store my keys on iCloud not only on the local device. That’s so dumb.

[Anonymous No.22338540]

>>22338495
So yes?
Some pajeet gave you some spiel so he could get his commission
>yes sir, app data saved sir
Don't feel too bad, someone like you would have lost all his money on a scam anyway.

[Anonymous No.22338548]

>>22338495
>not my fault
Yet here you are. You could always try suing Apple

[Anonymous No.22338587]

>>22337873
suck my dick I'll pronounce it X all I want and there's nothing you can do to stop me

[Anonymous No.22338664]

>>22337035
>2026
>personal wallet private keys are managed by smart contract wallets
>oracles decide if you are honest in your claim to that wallet or not

[Anonymous No.22338676]

>>22338587
It's not a letter. It comes after IX, not W. It's been this way for more than 2000 years.

[Anonymous No.22338726]

>>22336979
>>22337035

Nah man, OP just has to email Ethereum.org and they’ll fork the chain into one where he still has his funds. Its not a big deal, theyve done it before

>>22337073
Hes very right and this is some weird huge blind spot that STEM type people have where they don’t realize 99% of people in the world dont want to have to hands-on technicians in their most-used technology like cars or computers. They want the experience, interface, and appearance to be optimized, even beautiful, as long as whats under the hood gets the job done. They dont want to have to pull their computer apart to replace components or used a command prompt terminal to fix a bug or be their own car mechanic. This blind spot is particularly bad in crypto because everyone assumes decentralization and personal stewardship is some inherent obvious good thing and never question the basic premise. Most people are not knowledgeable enough of computer storage and security to manage their own funds on their computer or phone in a safer way than just putting it in a bank. Nor do they want to know. They want to focus on the larger picture tasks that they care about in their lives and not get mired in technical fiddlings to make sure their money is safe only to have a drive fail or the computer stolen or hacked. Its why apple is such a cultural phenomenon but lots of CS types seethe at that popularity while spending hours trying to their linux working correctly; apple makes incredible design objects many of which have been and will be memorialized in industrial design textbooks, which make daily computer tasks aesthetically pleasant and practical.

They dont understand why crypto is allegedly necessary, nor would many understand it well enough to want to use it when you can lose all your funds or your keys so easily and have no one to reverse it. They would rather pay to have a company full of physical/cybersecurity experts managing your funds. And id they fuck up, they insure your money.

[Anonymous No.22338834]

>>22338676
times change grandpa
that's why latin is a dead language
roman's were too busy being gay to build a lasting language

[Anonymous No.22338907]

>>22338834
https://en.wikipedia.org/wiki/Foreign_language_influences_in_English
A significant portion of the English vocabulary comes from Romance and Latinate sources. Estimates of native words (derived from Old English) range from 20%–33%, with the rest made up of outside borrowings. A portion of these borrowings come directly from Latin, or through one of the Romance languages, particularly Anglo-Norman and French, but some also from Italian, Portuguese, and Spanish; or from other languages (such as Gothic, Frankish or Greek) into Latin and then into English. The influence of Latin in English, therefore, is primarily lexical in nature, being confined mainly to words derived from Latin roots.

[Anonymous No.22338939]

>>22337311
>5 figures
> trades in phone

kek

[Anonymous No.22338986]

Just email Vitalik at [e-mail] and he'll get your coins back lickety split.

[Anonymous No.22339008]

>>22336979
Please update us anon. Godspeed and best of luck.

[Anonymous No.22339014]

>do all my cryptoing on my phone
>phone charging port is getting worse and worse and will probably stop working soon
>tfw slowly watching my crypto slip away from me

[Anonymous No.22339033]

>>22338907
just because you can copy and paste a wikipeidia article doesn't mean you pronouncing X as X is not the gayest thing of all time

[Anonymous No.22339140]

>>22336979
fuck i hate it when i lose the launch codes

[Anonymous No.22339167]

>>22337975
so thats why they give pap smears..

[Anonymous No.22339207]

>>22339014
then MOVE IT SOMEWHERE ELSE

[Anonymous No.22339318]

>>22337768
Now I know you are trolling

[Anonymous No.22339431]

>>22339207
I don't have the money to buy another phone right now, I'm not rich like OP.

[Anonymous No.22339458]

>not one satania in the whole thread

[Anonymous No.22339462]

>>22337197
What did you have? I need to notify CMC of the reduced supply.

[Anonymous No.22339563]

>>22336979
Hope they didn't factory reset your phone OP

[Anonymous No.22339579]

>>22339458
I'm sorry

[Anonymous No.22339624]

>>22337073
>>22338726

Theres a massive type of centralization in crypto that no one wants to talk about: the shifting of management of one’s funds and their security entirely onto them alone. Most people are not tech savvy enough to do all that well, and most people dont want to have to take the time to learn and then actually do it or to want that responsibility at all. Its like people with no medical expertise not trusting doctors or hospitals so they only do their own diagnosis, treatment, and surgeries using the internet and stuff around the house.

The advantages of crypto seem ridiculous and pedantic when most people have had their dollars in their bank accounts that have never been exit scammed or stolen or hacked away, and they can have someone to call who can reverse mistakes, manage all the technical issues, and handle their security with professional expertise, money, and equipment. Your computer or phone though can get lost or break or hacked easily. People are happy enough to let a bank handle that (for free), and most of them have never been burned by their bank in a way where their savings disappear in a flash, or if they are burned, they have legal recourse. there is no pressing need for an alternative yet.

Honestly the type of people who are certain crypto will replace banks and fiat are frankly just the types who need to be their own expert, and are too misanthropic or paranoid to trust other people and common institutions to a normal practical extent. think theyre big brained for dodging some mass conspiracy and fuckery that would never even target them personally if real. wanting to squirrel away and secure your own funds in a secret place yourself and be 100% self sufficient is the exact same type of prepper control freak neuroticism that is completely impractical and never ultimately necessary.

de facto decentralization + outsourcing of self-management > alleged decentralization of blockchain services.

[Anonymous No.22339654]

>>22339579
baste

[Anonymous No.22339700]

My keys are stored in a safety deposit box. Hopefully the bank doesn’t close.

[Anonymous No.22339811]

>>22339624
So what do you see as the future of crypto?

[Anonymous No.22339869]

>>22339811
someone will eventually link attestations from TLS sessions to smart contracts so we can use wallets like we do bank accounts now

[Anonymous No.22339911]

>>22339869
I was asking the smart guy, but thanks I guess

[Anonymous No.22340029]

>>22339811

Unironically: getting a bunch of people including lots of us wealthy through a few regular hype cycles before eventually being relegated to niche uses and services in extralegal areas like gambling, unregulated offshore trading of proxy securities or assets nominated in btc, and generally dodging regulations or sanctions. the crypto casino may persist if it can remain volatile, unregulated, and liquid enough to be arena for PnDs and alternative volatile investing for people seeking quick gains

[Anonymous No.22340052]

>>22339624
Just like people did not want to be custodians of their own messages right? When computers first came out most people did not want to learn something they just continued to write and send physical letters through the mail service. Those who put in the time to look under the hood just needed to be their own export. Sending messages through the internet on big weird computers will never become common.
Now you see your stupidity fren

[Anonymous No.22340094]

>>22338048

>this is really why crypto will never become fully mainstream

no, crypto will never become mainstream because fees are outragous and transactions are incredibly slow. why would anyone who's not a drug dealer have any use for this?

[Anonymous No.22340126]

>>22340029
So if I’m understanding correctly you believe that the future market, assuming it can continue largely as it is, will remain a niche phenomenon for tech-savvy gamblers? I appreciate your insight btw

[Anonymous No.22340139]

S

[Anonymous No.22340154]

>>22336979
>keep your money in phone
>without plan B
you deserve it

[Anonymous No.22340172]

>>22339431
send it to your metmask on your pc dumbfuck or just write the seed down and comeback for it in 5years. or just pay any random phone repair place 40 dollars to fix the charging port retard

[Anonymous No.22340289]

>>22338458

>Thinks that anything connected to the internet "doesnt have vulnerabilities"

Holy fuck I had no clue zoomers are this retarded

[Anonymous No.22340836]

>>22338458
Were you not around for the fappening?

[Anonymous No.22340869]

>>22340172
>or just pay any random phone repair place 40 dollars to fix the charging port retard
No way they'll just steal my linkies

[Anonymous No.22341263]

Just break in and get your phone back OP if you're a nigger you won't even get arrested

[Anonymous No.22341417]

>>22340052
It didn't become mainstream till it become easy enough for most people to do. Most people just use an email service like gmail rather than fooling around with tcp and pop.

[Anonymous No.22341470]

>>22340052

Messages =\= money. No one cares if you lose a conversation record. But the entire point of trustless services is, by design, to manage things that are too precious and valuable to want to trust third parties with. Money, identity information, securities, etc. So instead, you forgo the massive advantages of having the third partys’ resources, expertise, and insurance/legal liability and instead shift those burdens entirely onto yourself. Private key management is both a massive and highly likely centralized point of failure— far more likely than the chance of a bank going rogue and exit scamming or general bad faith fuckery. And in the latter case you can go to court, or to war if its bad enough. With a blockchain, you cant call tech support or customer service, you can’t sue it, and you can’t shoot it to make it comply.

Belief in the need for immutable, code-as-law services is for autists and arrogant programmers who think they can design a flawless, perfectly secured system on the first try that always functions exactly as intended and never does anything unexpected even under complete stress from any type of attack, and that its users never make mistakes. Trusted services with back doors, reversibility, adaptable intelligent management, and human liaisions are more a general recognition of the only reliable certainty in life: unforeseen fuckups are inevitable.

[Anonymous No.22341560]

>>22339462
Lol based

[Anonymous No.22341662]

>>22339624
But I literally cured myself of hypothyroidism with acupuncture, cured my massive tooth infection with swollen cheek by swishing my urine in my mouth. And shrunk a painful tumor with capsaicin in a hot pepper extract that id out under my tongue. And I cured my mental health issues with trauma release exercises

Your health is your own responsibly. Not some like doctor giving you poison

[Anonymous No.22341760]

>>22339624
I’m not necessarily saying you are wrong with crypto though. Because it is technically confusing. But everything you just said here is why America is falling apart.

People trust the experts with their money in the bank or stock market. ANY clear thinking individual which includes most people alive 100 years ago. If they somehow came back from the dead... and saw the financial fuckery right now. They would immediately withdraw all their savings from the market and bank and buy gold immediately. And you have so called money managers who probably don’t have their clients allocate even 1 dollar into gold despite being 26 trillion in debt.

Next is medical care. People are stupid and trust the experts and they give them poison which just masks the symptoms and doesn’t get at the root of the problem which is inflammation 95% of the time.

And then self defense. People including conservatives rely on the police for protection think they’ll save them and they won’t. Stupid Americans outsourcing their own protection to the govt

[Anonymous No.22341765]

>>22340052
>>22341470
Going against the holy dogma of crypto, it seems more secure to have intelligent creatures in control of a complicated sensitive service amid a web of transparency, legal regulation, and checks /balances, able to undo any mistakes and intelligently adapt to any kind of change in people or law or the world. More secure than trusting a team of people i dont know to act in good faith competently designing a perfect coded system to handle my money, which accounts for all contingencies and attack vectors, is smarter than a world full of ingenious constantly-adapting attackers, and then myself have to become a cybersecurity expert and computer technician to ensure my keys are reliably backed up and protected from any kind of attack— and most importantly that in executing all of that, i never, ever make a mistake once in any of it, and always triple check everything. Which also requires me to have a home security system, guns, and a fast responsive police department to protect my keys/wallet from burglary. And just to be safe in case i die unexpectedly, ill need to have the private keys in a sealed will drafted up by lawyers whom of course i trust completely. And no one would open that will, and the building its filed in would never burn down or flood.

Of course by that point using the blockchain, you’re relying on an extended army of trusted third party points of failure to make it work: your own competence and freedom from mistakes, your government to recognize and enforce your ownership of whatever computer or paper has your key, a bank box to store a paper wallet, the companies that make your computer, operating system, antivirus, and all other installed programs to ensure they dont carry malware or create an exploitable weakness. If its that critical to secure your funds that you need the blockchain, you will end up spending way more time and money and using more trusted points of failure than if you just use a bank.

Do you see, brainlet?

[Anonymous No.22341832]

>>22336979
i'd feel bad for you, but you're an iphone user, so you're used to getting screwed.

[Anonymous No.22341880]

>>22337197
>how is it my fault that i didnt bother to save the ONLY thing i need to access my crypto
Brainlet.

[Anonymous No.22341921]

Lmao pathetic. This is cominy from a guy who keeps everything on CB

[Anonymous No.22341977]

>>22341662
>>22341662

That’s great, who told you you had hypothyroidism, or a tumor, or mental health issues. Did you go to a doctor? Did you use peer-reviewed processes with other subjects with the same issues to rule out the possibility of placebo effect? Do you know those problems have actually gone away? Did you know there are about as many studies indicating capsaicin is as much carcinogenic as it is anticarcinogenic? Also good luck with any serious surgery or other medical problems that arent in the same category of mild annoyances like bug bites, diaper rash, and the blues
You’re missing the point, though. The point is that the risk of trusting a third party like a bank are acceptable next to the fact that their entire existence— with its vast physical and financial resources, redundant records, expertise, and energy— is dedicated to protecting your funds or whatever sensitive digital service it is. And if they fuck up, your money is insured or the problem is reversed. And if they really fuck up, you can kill them. The point is that its actually a benefit trust experts to manage something you are completely unqualified for

[Anonymous No.22342805]

I understand i have half a btc in a wallet that i cannot locate .

[Anonymous No.22343030]

>>22336979
lol

[Anonymous No.22343054]

this is nightmare fuel, my phone might be dying and im worried i didnt write down some special code or a phrase thats too fucking hard to remember

[Anonymous No.22343102]

>>22336979
>Keeping your wallet on a fucking goyphone
Not gonna make it
Never gonna make it