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Time to give up after 15 years of betting?

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Replies: 103
By:
Gin
When: 11 Sep 21 10:32
A quick google search will throw up plenty of stories of lost keys to Bitcoin fortunes.

There was a Welsh guy who threw his PC hard drive away that contained the key to a wallet with 7000 Bitcoins in!

People who have any significant amount of BTC really should investigate keeping it in cold storage.
By:
Gin
When: 11 Sep 21 10:34
https://www.theguardian.com/uk-news/2021/jan/14/man-newport-council-50m-helps-find-bitcoins-landfill-james-howells
By:
DIE LINKE
When: 15 Sep 21 17:33
Stefan Thomas, a German-born programmer living in San Francisco, has two guesses left to figure out a password that is worth, as of this week, about $220 million.

The password will let him unlock a small hard drive, known as an IronKey, which contains the private keys to a digital wallet that holds 7,002 Bitcoin. While the price of Bitcoin dropped sharply on Monday, it is still up more than 50 percent from just a month ago, when it passed its previous all-time high of around $20,000.

The problem is that Mr. Thomas years ago lost the paper where he wrote down the password for his IronKey, which gives users 10 guesses before it seizes up and encrypts its contents forever. He has since tried eight of his most commonly used password formulations — to no avail.

“I would just lay in bed and think about it,” Mr. Thomas said. “Then I would go to the computer with some new strategy, and it wouldn’t work, and I would be desperate again.”

Bitcoin, which has been on an extraordinary and volatile eight-month run, has made a lot of its holders very rich in a short time, even as the coronavirus pandemic has ravaged the world economy.

But the cryptocurrency’s unusual nature has also meant that many people are locked out of their Bitcoin fortunes as a result of lost or forgotten keys. They have been forced to watch, helpless, as the price has risen and fallen sharply, unable to cash in on their digital wealth.

Of the existing 18.5 million Bitcoin, around 20 percent — currently worth around $140 billion — appear to be in lost or otherwise stranded wallets, according to the cryptocurrency data firm Chainalysis. Wallet Recovery Services, a business that helps find lost digital keys, said it had gotten 70 requests a day from people who wanted help recovering their riches, three times the number of a month ago.
By:
DIE LINKE
When: 15 Sep 21 17:37
For the last two guesses I would try password and 123456
By:
macarony
When: 15 Sep 21 19:38
Get Allam Millyard on the job he knows nothing about computers, but he solves all of his engineering problems in bed he never uses a diagram or chart but this guy can make a better motorbike than Triumph BMW and Harley Davivdson witha few files and a hachsaw
By:
CLYDEBANK29
When: 16 Sep 21 20:26
20% is a huge number.  I imagine it must keep the price higher because it limits the numbers of sellers
By:
G1_Jockey_4
When: 26 Oct 21 17:23
politicspunter • September 9, 2021 3:41 PM BST
The price Jockey bought his Kava shares at is irrelevant.


So when i held some banks shares years ago...the price i bought at ...lloyds 25p...was not relevant?
By:
G1_Jockey_4
When: 26 Oct 21 17:40
I don't know what your risk tolerance is , although this is a gambling site so it should be high lol , but hope you havent missed the boat on the crypto gaming hype ;)

tbh i think there will be a correction which may make it look like its not gonna take off...use that correction when it happens to get in on it.
I havent invested in games in particular...but rather crytos linked to how games will run...like NFTs and networks where games will look to run on...

we are living in a time where the changeover of the fiat system to crypto is going to change quite a bit...innovation is coming with it.
By:
politicspunter
When: 27 Oct 21 08:29

Sep 6, 2021 -- 11:59AM, G1_Jockey_4 wrote:


20% interest on staked Kava right now..pad twice a week plus those rewards go up or down with the price...as crypto is on the up...bingoDOT is 12%.Anyone not in crypto right now needs to take the time to research and understand it

By:
politicspunter
When: 27 Oct 21 08:31
G1_Jockey_4 • September 6, 2021 5:59 PM BST
20% interest on staked Kava right now..pad twice a week plus those rewards go up or down with the price...as crypto is on the up...bingo
DOT is 12%.

Anyone not in crypto right now needs to take the time to research and understand it  because when it becomes mainstream you will have missed the opportunity of a lifetime.

Bartering was replaced by paper/coins...paper/coins is going to replaced by the digital blockchain....think about it.


When this was originally posted the Kava price was $8.03. Today it is $5.72.
By:
politicspunter
When: 27 Oct 21 08:34

Oct 26, 2021 -- 11:23AM, G1_Jockey_4 wrote:


politicspunter • September 9, 2021 3:41 PM BSTThe price Jockey bought his Kava shares at is irrelevant.So when i held some banks shares years ago...the price i bought at ...lloyds 25p...was not relevant?


The only thing that is relevant is what the share price was when you recommended it and what the price is now.

By:
G1_Jockey_4
When: 01 Nov 21 12:12
You stick to your inflation losing premium bonds.
Crypto gaming boom underway....hope you took my advice.
By:
G1_Jockey_4
When: 01 Nov 21 12:12
and no , it is totally relevant what price i bought at.....
By:
politicspunter
When: 01 Nov 21 20:12
What percent of your money have you lost on Kava since you recommended it ?

G1_Jockey_4 • September 6, 2021 5:59 PM BST
20% interest on staked Kava right now..pad twice a week plus those rewards go up or down with the price...as crypto is on the up...bingo
DOT is 12%.
By:
G1_Jockey_4
When: 02 Nov 21 11:19
Since i recommended it to myself i am well up...and i am earning 20+% on it...Dot hit an al time high yesterday btw...parachains out next week ...you missed the boat...i got in at 18.5$...also got in on altura @.10$ last friday...the gaming boom is underway.
By:
politicspunter
When: 02 Nov 21 17:19
Is that so? Well, the price you recommended Kava on here was $8.03 on the 6th September. The price now is $6.14. That means that you have lost 23.5% of your holding since you recommended it on the forum.
By:
G1_Jockey_4
When: 03 Nov 21 23:45
last week i bought some altura at 0.10%
made 50% on doge....about 300% on shiba inu...100% + onXEC.
350% on altura...

i also bought DOT as you know...i bought at 18.5$ with the 12% staking on top...

you stick to your inflation losing , government scam , premium bonds....
By:
G1_Jockey_4
When: 03 Nov 21 23:46
btw im holing quite a few more cryptos...only one is down from when i bought...
By:
politicspunter
When: 04 Nov 21 13:40
I see Kava is now down to $5.95..
By:
G1_Jockey_4
When: 25 Nov 21 13:15
There are far better rewards around when you go into defi...getting 75%+ on cake...gonna do one tomorrow locking up for 90 days woth a 150% apr...
there is one im waiting on ...they will be releasing two coins... $derby and $crown.
gonna be a great game although suspect im gonna have to stake for a while or until they allow part ownership of the nfts...
By:
G1_Jockey_4
When: 25 Nov 21 13:18
if you are not involved in the gaming boom..prepare your wallets for pancakeswap , phantom (solana) etc avoid ethereum based projects high fees.
it is happening now and if you arent in you are not going to make $$$$$$

i guess you can let tho government scam that is premium bonds eat away through inflation..
By:
politicspunter
When: 25 Nov 21 16:25
G1_Jockey_4 • September 6, 2021 5:59 PM BST
20% interest on staked Kava right now..pad twice a week plus those rewards go up or down with the price...as crypto is on the up...bingo
DOT is 12%.

Anyone not in crypto right now needs to take the time to research and understand it  because when it becomes mainstream you will have missed the opportunity of a lifetime.

Bartering was replaced by paper/coins...paper/coins is going to replaced by the digital blockchain....think about it.

When this was originally posted the Kava price was $8.03. Today it is $5.22.
By:
politicspunter
When: 06 Dec 21 18:59
G1_Jockey_4 • September 6, 2021 5:59 PM BST
20% interest on staked Kava right now..pad twice a week plus those rewards go up or down with the price...as crypto is on the up...bingo
DOT is 12%.

Anyone not in crypto right now needs to take the time to research and understand it  because when it becomes mainstream you will have missed the opportunity of a lifetime.

Bartering was replaced by paper/coins...paper/coins is going to replaced by the digital blockchain....think about it.

When this was originally posted the Kava price was $8.03. Today it is $3.59
By:
G Hall
When: 07 Dec 21 10:45
Going back to the thread title, betfair with their affordability checks will ensure most people give up.
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