A guy who owns $220 million in Bitcoin forgot his password and only has two guesses left before being locked out

Jan 12, 2021
7:29:27am

Cougar-Duck Murder Hornet

forever.

Lost Passwords Lock Millionaires Out of Their Bitcoin Fortunes

Bitcoin owners are getting rich because the cryptocurrency has soared. But what happens when you can’t access that wealth because you forgot the password to your digital wallet?

https://www.nytimes.com/2021/01/12/technology/bitcoin-passwords-wallets-fortunes.html

Report problem with this ad

Cougar-Duck

Previous username: heberjoe
Bio page: Cougar-Duck
Joined: Apr 26, 2005
Last login: Apr 25, 2024
Total posts: 49,268 (3,661 FO)

Report problem with this ad

Messages

Author

Time

A guy who owns $220 million in Bitcoin forgot his password and only has two guesses left before being locked out

Cougar-Duck Murder Hornet

1/12/21 7:29am

Serves him right. But I'm trying to avoid talking of that particular scourge

fbguru

1/12/21 7:32am

By scourge you mean IT password rules, correct?

Bert609

1/12/21 7:41am

He forgot his password so he now deserves to lose his millions? Seems harsh.

Star-Lord

1/12/21 8:13am

I would never get that deep into something as evil as Bitcoin.

fbguru

1/12/21 8:22am

Show us on the doll where bitcoin hurt you.

JohnnyComeLately

1/12/21 11:16am

I guess we know who timed the hype cycle wrong a few times in a row.

Division Bell

1/12/21 11:13am

RE: A guy who owns $220 million in Bitcoin forgot his password and only has two

maxpowers

1/12/21 7:33am

RE: A guy who owns $220 million in Bitcoin forgot his password and only has two guesses left before being locked out

BYUALWAYSNUM1

1/12/21 7:35am

Really? This has happened to a ton of people. And many others have been hacked.

dYrtbYkerYder

1/12/21 7:37am

What was that scripture about treasure becoming slippery?

2FarGone

1/12/21 7:39am

Does Bitcoin not have a password reset feature?

bluecougar1985

1/12/21 7:46am

In this case he used a third party encrypted drive called IronKey to hold

Saxa

1/12/21 8:07am

Could someone else find your username and keep guessing to intentionally

bluecougar1985

1/12/21 8:54am

it's on a flashdrive. You would have to have the drive itself.

molodyets

1/12/21 9:08am

The benefits of being your own bank.

Defenestrator

1/12/21 8:03am

This is my brother - bought 4 bitcoin years ago. Got divorced and somewhere

Regal Ute

1/12/21 8:33am

There is a way around the problem, but not easily done

ColoSpgs

1/12/21 8:57am

This is super easy to fix. He needs to click on the 'forgot password' button and

DeekLyfter

1/12/21 10:41am

He should offer someone $1M if they can break the password

FallingRock

1/12/21 11:34am

how would they be able to "break it?" he only has 2 attempts left.

yahtzee

1/12/21 3:38pm

My guess: They buy a similar device and figure out how to hack into it

Cougar-Duck

1/12/21 5:13pm

surely a former employee of the encrypted drive company may know how to do it...

FallingRock

1/12/21 6:05pm

I hate this about Bitcoin, I couldn’t get into a Binance account

USMCdad

1/12/21 12:47pm

PayPal now facilities Bitcoin and some altcoin purchases. It’s super easy.

Cougar-Duck

1/12/21 1:25pm

Separate from my current PayPal account? Meaning I can move my

USMCdad

1/12/21 3:26pm

Yes it’s separate. PayPal shows your PayPal balance and a separate section showing your crypto balance. You can buy

Lost Passwords Lock Millionaires Out of Their Bitcoin Fortunes

Posting on CougarBoard