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Bitcoin Suspense: Man Left With Two Password-Guesses To Recover $220 Million


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Posted
Bitcoin.jpg

With the unexpected highs for the Bitcoin price these days, people who got big fortunes in the cryptocurrency. But some of them are realizing now that they lost their passwords for their encrypted digital wallets and struggling to recover them.

A Bitcoin owner is now left with just two guesses to find his password for a cryptocurrency wallet and that would bring him back his $220 Million dollars, which otherwise are lost. A German programmer Stefan Thomas living in San Francisco needs to unlock the password of his small hard drive, which is known as an Ironkey.

The IronKey allows the users to guess 10 times before it encrypts the contents forever and Thomas is stuck in the same scene. He lost his password years ago when he misplaced a paper on which he wrote down the password, reportedly.

So far, Thomas used eight of his attempts to recover the password and is now left with only two guesses.

Thomas was gifted 7002 Bitcoins back in 2011 when he was in Switzerland, by an early Bitcoin advocate. Recently, the Bitcoin prices have been rising up to a record high of $42000 on January 8 and by Monday, it came back to $31,000.

Posted
6 minutes ago, Picheshwar said:

Neha Tripathi

 

Posted

Eedini susthante nakanna pedda daridranni ventabetkuni thirgtunadu anpistandi

Posted

Gotta be so depressing to have that kinda wealth so close and yet so far away. 

Ee stress ki nenayithe potha, maybe that's why I don't deserve to have so much wealth. 

Ee middle class adayalatho edo ala ala gadipeyadam better

  • Haha 1
Posted

@Naaperushiva de ayyiuntadi

Posted

veedevado dharidrudu shi@t kelthe cheruvu endipoyindhi type's laaga vunnadu 

  • Haha 1
Posted
On 1/12/2021 at 5:02 PM, Anta Assamey said:
Bitcoin.jpg

With the unexpected highs for the Bitcoin price these days, people who got big fortunes in the cryptocurrency. But some of them are realizing now that they lost their passwords for their encrypted digital wallets and struggling to recover them.

A Bitcoin owner is now left with just two guesses to find his password for a cryptocurrency wallet and that would bring him back his $220 Million dollars, which otherwise are lost. A German programmer Stefan Thomas living in San Francisco needs to unlock the password of his small hard drive, which is known as an Ironkey.

The IronKey allows the users to guess 10 times before it encrypts the contents forever and Thomas is stuck in the same scene. He lost his password years ago when he misplaced a paper on which he wrote down the password, reportedly.

So far, Thomas used eight of his attempts to recover the password and is now left with only two guesses.

Thomas was gifted 7002 Bitcoins back in 2011 when he was in Switzerland, by an early Bitcoin advocate. Recently, the Bitcoin prices have been rising up to a record high of $42000 on January 8 and by Monday, it came back to $31,000.

I bought an Ironkey 16 GB long ago and was not happy with its super tight security. Anyone can ruin it by trying to login with 10 attempts! Instead it should have been designed to delay subsequent logins after failed attempts to deter their efforts. There are so many ways tech can be implemented but this is not the way.

Posted

Papam man, nakanna daridram ekkuva unattu undi

2011 lo MS chesthunappudu 100 dollrs petti bitcoins kondhan anukunna 10 ey vasthunnayi ani konala, oka 2-3 months ki 2-3 dollars ki vachindi, choosukola

emi na daridram hathavidhi

Posted
13 minutes ago, RunRaajaRun123 said:

Papam man, nakanna daridram ekkuva unattu undi

2011 lo MS chesthunappudu 100 dollrs petti bitcoins kondhan anukunna 10 ey vasthunnayi ani konala, oka 2-3 months ki 2-3 dollars ki vachindi, choosukola

emi na daridram hathavidhi

Appatlo ekkada konevallu meeru?

Posted

Hmm...i would die with stress probably blaming myself all my life. I cant even imagine living that life. silent_I1

Posted
1 hour ago, nokia123 said:

Appatlo ekkada konevallu meeru?

Gurthu ledhu, konataniki ready ayyi drop ayy price choosi.

appatlo 100 dollars antey ekkuvey mari MS chesetappudu.

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