Bitcoin: Millions of dollars of cryptocurrency 'lost ...

Bitcoin - The Currency of the Internet

A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
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Trezor: The Original Hardware Wallet

Trezor is the world's original Bitcoin hardware wallet, protecting coins for thousands of users worldwide. What makes Trezor even better is the community behind it, gathered in this subreddit. Come here and find tips or assistance from your fellow community members.
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wafflepool.com - An auto switching scrypt coin mining pool

WafflePool is a multi-coin (scrypt) mining pool. Point your miner to WafflePool with a Bitcoin address as your username, and we take care of automatically mining the most profitable coin at all times, converting the earnings from each coin into Bitcoins, and paying you out in bitcoins! Mining alt-coins and converting to bitcoin is very often orders of magnitude more valuable than mining Bitcoin directly! No registration, no hassles, just point and start getting paid!
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Might be waiting a few billion years longer for Jack’s bitcoin password to be cracked!

submitted by ilikecats-catslikeme to hamishandandy [link] [comments]

My lost bitcoin password. Found!!

After 5 years of tears Dave Bitcoin did it! I was sure it’s lost forever but few days ago got this amazing email from Dave saying he finally found my password. Thank you davebitcoin so much!!
submitted by shiralevi to Bitcoin [link] [comments]

‘DNA-of-Things’ Technology Can Store Bitcoin Passwords in Everyday Objects

‘DNA-of-Things’ Technology Can Store Bitcoin Passwords in Everyday Objects submitted by cryptograbby to CryptoCurrencyTrading [link] [comments]

Bitcoin passwords in everyday objects

https://news.bitcoin.com/dna-of-things-technology-can-store-bitcoin-passwords-in-everyday-objects/
via Powered by: www.Crypto-Mass-Adoption.com @CryptoMassAdopt

CMA #crypto #blockchain 2key

submitted by Raulitiu to ico [link] [comments]

‘DNA-of-Things’ Technology Can Store Bitcoin Passwords in Everyday Objects

‘DNA-of-Things’ Technology Can Store Bitcoin Passwords in Everyday Objects submitted by n4bb to CoinPath [link] [comments]

‘DNA-of-Things’ Technology Can Store Bitcoin Passwords in Everyday Objects

‘DNA-of-Things’ Technology Can Store Bitcoin Passwords in Everyday Objects submitted by Ranzware to BitNewsLive [link] [comments]

SLPT: If you’re worried about forgetting your Bitcoin password, post it here in the comments for easy retreival later.

submitted by Fuzzie8 to ShittyLifeProTips [link] [comments]

People Who Can’t Remember Their Bitcoin Passwords Are Really Freaking Out Now

People Who Can’t Remember Their Bitcoin Passwords Are Really Freaking Out Now submitted by greenrd to SorryForYourLoss [link] [comments]

Quadriga’s late founder used to store clients’ Bitcoin passwords on paper so they wouldn’t get lost - Financial Post

Quadriga’s late founder used to store clients’ Bitcoin passwords on paper so they wouldn’t get lost - Financial Post submitted by ulros to fbitcoin [link] [comments]

What happened to the Bitcoin password?

Just going through old podcasts and the last time I can see they mentioned the bitcoins was back on Thursday 25th May 2017 where they're trying to get the bitcoin password. Does anyone have an update to if they got the right password? They're at about $15,000 now
submitted by CaptivatedMayor to hamishandandy [link] [comments]

Bitcoin Security: Carverr To Store Bitcoin Passwords In DNA

Bitcoin Security: Carverr To Store Bitcoin Passwords In DNA submitted by Coinrevolution to Bitcoin [link] [comments]

FBI not waiting for Silk Road owner’s Bitcoin password

FBI not waiting for Silk Road owner’s Bitcoin password submitted by IWillNotBiteYourDog to Bitcoin [link] [comments]

Bitcoin Security: Carverr To Store Bitcoin Passwords In DNA

Bitcoin Security: Carverr To Store Bitcoin Passwords In DNA submitted by cryptoallbot to cryptoall [link] [comments]

Bitcoin Security: Carverr To Store Bitcoin Passwords In DNA

Bitcoin Security: Carverr To Store Bitcoin Passwords In DNA submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

How to recover the local Bitcoin password for Binance /r/Bitcoin

How to recover the local Bitcoin password for Binance /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Yubikey Neo BIG security vulnerability! Take care of your bitcoin-password if you used one!

submitted by BitcoinReminder_com to Bitcoin [link] [comments]

@FT: Lost your bitcoin password? Call in the crypto-hunters https://t.co/GKxR8bVJ7V

@FT: Lost your bitcoin password? Call in the crypto-hunters https://t.co/GKxR8bVJ7V submitted by -en- to newsbotbot [link] [comments]

Lost your bitcoin password? Call in the crypto-hunters

Lost your bitcoin password? Call in the crypto-hunters submitted by prnewswireadmin to cryptonewswire [link] [comments]

Lost your bitcoin password? Call in the crypto-hunters

submitted by leftok to atbitcoin [link] [comments]

@FT: Lost your bitcoin password? Call in the crypto-hunters https://t.co/GKxR8bVJ7V

@FT: Lost your bitcoin password? Call in the crypto-hunters https://t.co/GKxR8bVJ7V submitted by -en- to newsbotMARKET [link] [comments]

"We now have quantum computers. The Chinese apparently have the fastest. There is D-wave out of BC ... you can break a block chain or Bitcoin password in less than a minute if you have a quantum computer. The question is who is going to have them, and the answer is mainly governments..."

I know some of you read this yesterday, but I think the headline did not highlight the right thing. What should have been news is this former White House representative who was in the US' Working Group on Financial Markets (a.k.a. the "Plunge Protection Team"). She's now in the private sector, talking about governments using quantum computing to seize bitcoin keys.
On The Rise Of Blockchain and Cryptocurrencies and The Fall Of Dollar Hegemony
Moving on, Townsend took the conversation in a direction that he said might be outside of Malmgren’s comfort zone: The rise of cryptocurrency’s like bitcoin. Contrary to his expectations, Malmgren said she’s been closely following the increasing use of cryptocurrencies, adding that they will likely play a role in determining who dominates the global economy, and therefore determines the monetary framework, after precipitating the next big paradigm shift, which will lead the world away from the dollar-based framework that exists today. Governments like China and Russia, which are seeking to create their own digital currencies, pose a greater threat to the long-term dominance of the dollar than they, or the US, realize.
Erik: I want to shift gears now to a topic I didn’t used to think of as being geopolitically oriented, which of course is your area of expertise, and that is crypto currencies. In the beginning, Pippa, if you look at what BitCoin was at the very beginning, it was something only interested extreme Libertarians who were very interested in financial privacy. Nobody else was paying attention to it. It was designed really to usurp the ability of government to interfere with and control people’s finances. It seems that it is almost going through a complete transformation where now we have the Ethereum guy, I forget his name (Vitalik Buterin), meeting with Putin talking about some kind of partnership to create a digital crypto currency that will become a national currency for Russia. Meanwhile, PBOC is advertising to hire block chain engineers to help to design the digital yuan or digital RMB. So all of a sudden, it seems like what’s going on, and I don’t remember the gentleman’s name. But there was someone from PBOC, a very senior official, saying it was time for central banks to stop ignoring crypto currencies and recognize that we have got to take the lead and we have got to be in charge of these things and design what we want them to be. Where is this going? It seems like to me this is a game changer if national governments are going to get behind crypto currencies. Where does this take us?
Later on, she talks more about crypto currencies. I've bolded the really alarming parts.
Pippa: Totally. I think it is a massive market and geopolitical issue. I have written a little article about this, which I put up on LinkedIn, where I said you have got to understand if the size of your debt problem is so big that it can’t be paid off and in fact even inflation, which is the usual way you would seek to default on your debt slowly over time, you can’t get enough inflation generated, then there is one further option. And that is you literally abandon the entire system of money, and accounting. I know that sounds unbelievably radical, but we have seen it happen before. I explained the example of Britain in 1834, when they abandoned the traditional system they had used for 1,000 years at that time, which was called the Tally Stick system. So when we say we tally things up or the word stock market refers to the use of little wooden stocks. They were little pieces of wood on which you record every transaction during your life, every borrowing, every lending deal, every asset acquisition, every tax payment. The way it worked was it was literally a wooden board. You cracked it half really roughly so the two sides definitely did match and couldn’t be faked. Then the borrower and the lender each marked all their transactions. The stock end was always the smaller end, so that’s where we get stock market. There was a market in the stocks, these little wooden sticks. Bottom line was why would you abandon a system that has worked perfectly beautifully for 1,000 years. The answer is you had 200 years of war debts that had accumulated. They were unable to get inflation up enough without causing social unrest, and so the government said hey, let’s take the tally sticks back, and give people this great new innovation called paper money.
You can imagine everyone said I am going to hand over this record, this ledger of my entire net worth, and you are going to give me a piece of paper. Really? This is a joke. In the end, what the government had to do was confiscate the tally sticks, and they took them to parliament to burn them. They misjudged how much heat the fire would throw off, and that is what caused Parliament to burn to the ground in 1834. It was the destruction of the system of accounting and money. In its place, we adopted what we now use, which is piece of paper we call cash. Today, we are on the brink of similar step change, and the way you will do it is you move to electronic money in conjunction with blockchain. Blockchain is the new ledger, and e-money is the new currency.
The question is whose e-money. So everybody in government circles have been watching the Indian experience because the prime minister stepped up to the platform in early November and basically said we are going to move all of you, a billion people, off paper money and onto electronic money, and we are going to do it in three months. They did it, and they did it successfully. Now governments everywhere are saying we want to do that because, guess what happens when you move to e-money. First of all, you really eliminate the black market because you can’t transact anymore without it being seen. And so, for example, the European Union are talking heavily about moving to electronic money because then all this black market activity that happens in Greece and Italy where there’s no tax, we will be able to get all that tax revenue off it. That’s one reason. The second reason is with blockchain you have total transparency over every single step of a transaction, complete providence of every single transaction. The question is who gets to see it. I think this is where governments are suddenly a little schizo because on the one side they think they are going to have the ability to see every transaction that you and I and all the listeners are engaged in, but Ethereum has created this platform where actually they won’t necessarily be in government’s hands, maybe in private hands.
The question is can you trust the private hands who are issuing Ethers as much or more as you trust governments. So governments are being to say let’s create our own version, and that’s where you get the PBOC saying we’ve got to control this. Because otherwise, you are going to end up with private sector currencies that possibly are trusted more than government currencies, and that will lead to transactions offline that governments can’t see. There was a report going around the Internet recently about some guy who made $200 million bucks trading on Ethereum in a month, and the question was who will tax that. The answer is nobody. That freaks governments out to say the least, particularly given their debt situation. So I think this is a huge, huge thing, and all investors have to think very carefully about it. I will say one last thing about it. You have got to get familiar with quantum computing, and there is loads of stuff on the net about it. But the reason it matters is because of the speed at which you can process information. We now have quantum computers. The Chinese apparently have the fastest. There is D-wave out of British Columbia, but basically you can break a block chain password or a Bitcoin password in like less than a minute if you have a quantum computer. The question is who is going to have them, and the answer is mainly governments but big corporations are buying them like crazy. Volkswagen just bought one. We are going to see major corporations buying that computer power.
The question then is who has most transparency over the block chain and e-money, and I would argue it is going to be whoever has the most and fastest processing power, which may be governments at times, it may be private at times, it may be fluid. That’s what we have to think about as investors.
Entire article http://www.zerohedge.com/news/2017-07-22/pippa-malmgren-talks-bitcoin-refugee-crisis-and-plunge-protection-team
submitted by CookyDough to Bitcoin [link] [comments]

People Who Can’t Remember Their Bitcoin Passwords Are Really Freaking Out Now

People Who Can’t Remember Their Bitcoin Passwords Are Really Freaking Out Now submitted by coragr to Bitcoin [link] [comments]

Bitcoin Q&A: Using a Password Manager to Backup Crypto ... Getting your Private Keys from the Bitcoin Core wallet ... Bitcoin Wallet Hack How to get Bitcoins Brute force 2020 ... Hack bitcoin password How to create a password protected bitcoin paper wallet

Unlike your bank, there are very limited password recovery options with Bitcoin. In fact, you should be able to remember your password even after many years without using it. In doubt, you might want to keep a paper copy of your password in a safe place like a vault. Use a strong password . Any password that contains only letters or recognizable words can be considered very weak and easy to ... Download Bitcoin Password Portable - Regain access to your password-protected Bitcoin wallet password with the help of this portable app that comes with multiple recovery modes Download Bitcoin Password - This easy to use application can help you recover your Bitcoin wallet password by using customizable dictionary, brute force or mixed attacks Digital money that’s instant, private, and free from bank fees. Download our official wallet app and start using Bitcoin today. Read news, start mining, and buy BTC or BCH. Today, The Myantispyware.com team has discovered a new kind of Bitcoin email scam. Unlike other similar emails that we have already written about here and here, this email does not contain any threatening text. The email letter contains only the text: "Password 4534" and 1 attachment (PDF file). Most users immediately delete such suspicious emails,

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Bitcoin Q&A: Using a Password Manager to Backup Crypto ...

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