I think there is much more than 1M bitcoins lost.
and when you google for these lost bitcoins stories most are really dated numbers in terms of value.
You literally have to multiply the reported value 15 fold making it even more "head shaking worthy." (for want of a better term)
So for example this familiar story
I'm sure most of the legendaries/heroes in here have heard about the
7500 bitcoins lost valued at over a reported $5 million then that are now worth around $70 million.
And this is just one story of many.
It's mind blowing when you think about it.
No one takes into account the dust left behind everywhere.
I have one inaccessible wallet containing enough for a good
To be revisited after the next batch of zeroes are handed out.
Well that sucks my friend, really sorry to hear that.
Lost password? I only ask as that's what gets me paranoid now, due to an issue I recently had
when I set a password on a newly installed electrum wallet.
I SWEAR I had it right when trying to get back in...even written down... but nope. locked out. PHUUUUUK!!!
Should have tested BEFORE loading wallet with funds... duhhh! stupid phukkin me!!!
My recovery seed saved me...THAT was correct, phew!...thank phuk for that...Lesson learned.
Being in charge of one's own banking security has its merits to be sure.
Just be aware of the downfalls as they can be costly indeed...
Oh, i know that sinking feeling very well, when your heart slips down into your bowel.
Also on a newly created electrum wallet, when claiming BTG from the old one, but it wasn´t the wallets fault.
I use a password-manager where i create 100+ chars passwords. When i wanted to back it up onto external drive, i had to close it first, and imo i saved the latest changes in it, i.e. new passwords for my new wallets.
But nope, they where gone ! !
Had to use the toilet immediately.
Thankfully, i had the seeds written down. Phew.
My stupidity. Allways secure and backup newly created wallet-passwords first, BEFORE loading money into it, like "sirazimuth" says, and don´t hurry things !
I know, i know, you guys are not thaat stupid. (really never ? ? )
Guys, everyone should do this:
1. Buy a ledger.
2. Generate a new wallet and write down the 24 words. (maybe even put them into a cryptosteel)
3. write down the first BTC address of the new wallet
4. Erase the ledger.
5. Recover the wallet from your 24 words.
If the first BTC address is the same as the one in step 3, then you know you wrote the 24 words down correctly. Wallet is now safe to use.
