#4552286 - 01/14/21 05:45 PM
In other news...
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Nixer
Scaliwag and Survivor
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Scaliwag and Survivor
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Living with the Trees
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All I can say is...ouch...or duhhh... Programmer who could lose hundreds of millions in bitcoin shares 'painful memory'"Stefan Thomas, the programmer who could lose $260 million worth of bitcoin because he can't remember his password, said there's "no chance" he'll ever recoup his lost fortune, calling it a "painful memory." "It's not like I barely don't remember it," Thomas told NBC's "Today" show. "It's there's no chance of remembering something that complicated from 10 years ago." Thomas lost the password for his IronKey hard drive, which contains the keys to a digital wallet with 7,002 bitcoin. The hard drive gives users 10 guesses to remember their password before the content is lost forever. Thomas has used eight of those 10 attempts and come up empty every time. The price of one bitcoin was $39,601 as of Thursday morning. " It's only Ones & Zeros
"There's a sucker born every minute." Phineas Taylor Barnum
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#4552327 - 01/14/21 11:10 PM
Re: In other news...
[Re: Nixer]
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Joined: Apr 2015
Posts: 10,761
F4UDash4
Veteran
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Veteran
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SC
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Seems like enough potential incentive that someone somewhere could hack/crack that drive for a share of the "loot"
"Every record has been destroyed or falsified, every book rewritten, every picture has been repainted, every statue and street building has been renamed, every date has been altered. And the process is continuing day by day and minute by minute. History has stopped. Nothing exists except an endless present in which The Party is always right." - George Orwell, 1984
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#4552350 - 01/15/21 01:21 AM
Re: In other news...
[Re: Herman]
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Joined: Mar 2001
Posts: 16,420
Nixer
Scaliwag and Survivor
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Scaliwag and Survivor
Veteran

Joined: Mar 2001
Posts: 16,420
Living with the Trees
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He just needs to wait (and live) long enough for the technology to develop that can crack the drive. Some state sponsored super hackers will have it long before then.
"There's a sucker born every minute." Phineas Taylor Barnum
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#4552373 - 01/15/21 10:47 AM
Re: In other news...
[Re: Nixer]
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BD-123
Old Scroat
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Old Scroat
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Naunton Beauchamp Worcestershi...
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And then there is this........... "A computer geek who threw away a hard drive containing £220million in Bitcoin has offered his local council a £55m reward to find it." Sun UK
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#4552391 - 01/15/21 02:20 PM
Re: In other news...
[Re: Nixer]
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Joined: Jul 2002
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DM
Senior Member
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Senior Member
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Prague
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All I can say is...ouch...or duhhh... Programmer who could lose hundreds of millions in bitcoin shares 'painful memory'"Stefan Thomas, the programmer who could lose $260 million worth of bitcoin because he can't remember his password, said there's "no chance" he'll ever recoup his lost fortune, calling it a "painful memory." "It's not like I barely don't remember it," Thomas told NBC's "Today" show. "It's there's no chance of remembering something that complicated from 10 years ago." Thomas lost the password for his IronKey hard drive, which contains the keys to a digital wallet with 7,002 bitcoin. The hard drive gives users 10 guesses to remember their password before the content is lost forever. Thomas has used eight of those 10 attempts and come up empty every time. The price of one bitcoin was $39,601 as of Thursday morning. " It's only Ones & Zeros So.... what happens to it? I confess I don't know much about cryptocurrency, but if $260m is "locked away" behind a password, what, exactly, has happened? Has it disappeared?
"They might look the same, but they don't taste the same."
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#4552454 - 01/15/21 06:19 PM
Re: In other news...
[Re: Sunchaser]
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Joined: Apr 2001
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PanzerMeyer
Pro-Consul of Florida
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Pro-Consul of Florida
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Joined: Apr 2001
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Miami, FL USA
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Some guy from Nigeria will soon gain access and offer to share it. Heck, 260 million would increase Nigeria's GDP by quite a significant percentage!
“Whoever fights monsters should see to it that in the process he does not become a monster. And if you gaze long enough into an abyss, the abyss will gaze back into you.”
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#4552587 - 01/17/21 01:18 AM
Re: In other news...
[Re: Ajay]
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Joined: Sep 2009
Posts: 2,464
vonBaur
Member
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Member
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I might be old school but my pw would have been in a text document stashed in a folder and probably written down on a scrap of paper shoved in a box with a bunch of old school reports and such. I keep all mine on a flash drive that's hidden, I believe, very well. Only my son and I know its whereabouts, but it's somewhere so obvious (to us) that it won't be lost.
SALUTE TO ALL!
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