/biz/ - Business & Finance

>>16914437
>he didn't write down his private key on a piece of paper and stash it somewhere

>Not keeping the private key with your lawyer who can send it to you via bonded courier

rookie tax evasion giveaway

He’s trying to distract us from his incorrect predictions.

>not tattooing your private key on the inside of your eyelid.

>>16914456
he never actually lost anything, it's a stunt to fearmonger boomers who don't understand encryption

>>16914437
Don’t like it? SCHIFF

>>16914534
exactly.
>corrupted
this word in regard to technology strikes immediate fear deep in the heart of the eternal boomer.

>>16914437
That's a load of schiff

>>16914563
>>16914534
lol...grandma doesn't understand key protection.

>>16914437
LOL the fate of every retard who refuses to use electrum with the seed phrases

>>16915184
>no hardware wallet
not gonna make it

>>16915196
>buying hardware wallet
>not just using Talis with electrum
talis is stronger encryption than your hardware wallet

>>16914437
ok guys. i know he's a insufferable boomer...but someone be nice and tell him the name of the dude who cracks passwords for a fee...

>>16915234
What the fuck is "talis"? Do you mean "tails" you fucking retard? Because just using tor is not nearly enough to secure your private keys. Simply having them on a network connected machine (even running tor) is extremely dangerous.

>>16914587
hahaha take this gold

>>16914437
oc, composed this from his twitter. im proud

>>16915638
lmao

Why is he so obsessed with bitcoin? Because it's the only thing outcompeting his gold?

>>16915638
kek

>>16914437
He is FUDing so hard lmao. Before I thought he just didn't like crypto but now It's obvious he is actively shilling gold and actively FUDing crypto for his own self interest

>jew
>lying to shill shiny rocks on boomers

and in other news the sun rose today

Why are people attacking him like this is a good thing?

He didnt set up a seed backup because he doesnt care. Neither will a billion other boomers on the planet. This is a bad look for bitcoin.

>>16915685
It's a boomer kike thats salty over missed opportunity to make shekels

>>16915913
there are wallets that don't go corrupt / force you to set up a backup before usage. he's using some random phone wallet, like what. would you store thosuands of dollars worth of gold with 0 precautions? would you just put up with storing it using the first method that's pushed into your face, doing 0 additional research? then there's a good chance you'd lose your gold as well.

yes bitcoin is still not recommended for the plain stupid and/or technically illiterate, without someone helping them.

later this issue will be solved. it has become exponentially more secure and easier to use compared to how it worked in 2010, and will clearly continue to do so.

compare what you had to do to store your coins securely in the early 2010s (laptop with ethernet / wifi card removed and special wallet designed for it), to using a ledger nano bluetooth with your phone, that is just as secure.

>>16916004
also there's a 99% probability he just forgot his password like boomers always do.

>>16916004
>laptop with ethernet / wifi card removed
why did you have to cut internet, did the popular wallets trivially leak keys upon creation?

>>16916004
Will myetherwallet ever be corrupted?

>>16915913
We don't want boomers who can't remember passwords to be involved in crypto/blockchain. It's better to cut them off now rather than wait for some giant boomer scandal.

>>16916085
if you access it with a keyfile sure, depending on what kind of data storage you use and how you use the device that stores the file. if you access it with a hardware wallet? well it can still get corrupted so make a backup seed, but i've never heard of someone's hardware wallet getting corrupted

>>16916085
depends how you're using MEW, if you're using a hardware wallet then it's just an interface for example, you can use kyber or even metamask to interface with your hardware wallet instead, also there is nothing to "corrupt" if you just store your seed phrase since feeding them into the key generation algo will reproduce the same keypair you started with unless the seed phrase was generated erroneously, which is of course highly unlikely

>>16916085
however, corruption is EXTREMELY unlikely. i would bet 1000 to 1 the reason why this tool can't access his coins isn't because his wallet got corrupted.

it's a ruse you dumb newfags, market manipulation at its finest

>>16916091

Good luck with that!

>>16914517
on a second thought, pretty confident this is the real reason why he suddenly lost access to all his virtual currencies permanently

>>16916348
>if you lost all your bitcoins, you didn't end up acquiring any

>>16915638
why does he do this shit? its so ridiculous

>>16914437
Holy shit it’s real. What a fucking retard.