Bitcoin (cryptocurrency)

You have to be a special kind of dick to have so much money tied up and not have the password written down in code somewhere in the house.
 
fulabeer said:
Just read an article about some bloke who has £175m in Bitcoin on a hard drive and has only two more attempts at the password.
He has tried 8 times without success. Two more and the hard drive locks up.

Sorry if this has already been covered.
Surely making a copy of the whole hard drive on a bit for bit level, would give him more attempts at cracking the password.
I know copying it wouldn't decrypt it, but why wouldn't the new hard drive let him at least try. (before using the real drive etc)
Or do you have to be connected to their servers with each attempt?
Click to expand...
I always think things like this are a load of tosh.

For a start, who is paranoid enough to encrypt their hard drive given it takes ages to constantly decrypt it which makes it run slow? The Windows software Bitlocker lets you try as many times as you want (impossible to guess it) so it must be encrypted by something pretty flash. A hacker could easily steal the information whilst it's being used though as the hard drive must remain decrypted when in use.

The only thing encryption is good for is if you have sensitive things you don't want someone to see if for example the hard drive was physically nicked. It's a bit pointless here though because whilst the thief can't access the encrypted hard-drive, neither can the guy it belonged to given it was nicked!

The best thing to do here if it's worth so much is to get the hard drive, write down its password on paper and stick both in a safety deposit box or vault somewhere.
 
The story is barely credible, the usual nonsense written for sensationalism.
I doubt very much it is true.

First flag to the story, there is no bitcoin address with 7002 coins, though this can easily be explained if his earnings were paid in instalments totalling 7002.

second flag, and this is really does make no sense, the story concentrates on a lost password to grab clicks.
But the password relates to the usb stick(ironkey brand), not his bitcoin.

If the story were true, the lost access would all be about his seed phrase(which is where his bitcoin live), and not his password.
 
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