Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6278. (Read 26707222 times)

When Bitcoin marches up to the expected and unstoppable stratospheric levels of 2021-2022, everyone that knows about it will go insane.

Both coiners and nocoiners.

For different reasons.

HoDL.

Need the printer to print dollar change 

He had 7500 BTC* in that HDD. Just imagine the feeling... I'd go insane!

* BBC — Bitcoin: Newport man's plea to find £210m hard drive in tip

Not saying you're wrong or right. Just wondering why you state this as a fact.

But insurance will never cover the value of all the assets. Custody with insurance is a scam

Yeah, i already miss his lyrical shitposts quite a bit.

Thanks, I found it.

If anyone else has problems finding their creditor number, search your inbox for '債権認否結果に関するご連絡／Notice of the Results of Approval or Disapproval'. Your creditor number is stated in that e-mail.


Thanks, bookmarked.

The thing about custody is that it's guaranteed, often backed by insurance.

It's like a modern day pirate treasure buried somewhere under piles of garbage. The chances are not that slim unless the pc was entirely submersed into water. Damn.. for 250btc I'd buy the entire landfill. Another way is to start digging without a permission and pay fines later...

P.S. where is gentlemand?  

What's stopping you from cashing out now?
I mean, ever heard of Paypal? China bans BTC? Shitcoin highway? No?

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Ah, ain't that sweet of you.

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You can say that again.
I'm definitely fond of Augustus in this scenario.

Yes, they haven't been sold at present though. You can monitor the trustee's addresses for movement here - https://www.cryptoground.com/mtgox-cold-wallet-monitor/

Which goes to show that Bitcoin needs to be taken very seriously. "Be your own bank" is tough. If you're not organized, not backing up your stuff, not taking such things seriously, Bitcoin's going to bite you in ways you never expect. It's going to mess with your head and even drive you insane. Same goes for any of us. Remember to always safely keep backups of your paper wallets and seeds, and make sure you clearly remember your passphrases and PINs. Periodically check to verify that you actually have access to your coins, this will refresh your neurons. Keep your keys away from online devices. Never take your PC/mobile to the repair shop when you have crypto in it (which you shouldn't have in there anyway).

After so many years of being buried under so much organic garbage, the chances of him finding the HDD and being able to extract the data are very slim. Still, an HDD is supposed to be a sealed container, although I believe there's usually a "breather" hole somewhere on the case, don't know what it's for, maybe to equalize pressure. If that's the case, and garbage juices and moisture got in though that, it's pretty much gone I guess...

$250 million is a lot of money though, and can get things moving. If he manages to find the HDD, he should pledge to give a very generous percentage of that to anyone who can extract the wallet.

Good luck to him, he's going to need it, especially if he's unsuccessful.

What are the chances the workers at the landfill have already had the diggers in?



Man, why wouldn't you trust the former CTO of Ripple? I mean those guys are the most reputable on earth and we have his word. His word.

Yeah... if he turns down the 10% offer just to "put it behind him" then his 90% bullshit rating goes to 100%.

If ppl just getting absorbed by big bags and hodl number go up Stolfi is correct

https://mobile.twitter.com/JorgeStolfi/status/1350305614065528833


Do more Bitcoin, yes you can also without ether tether brrrrether

Nice. Still the problem with more current drives is the extreme data density in comparison to previous generations and thus the low tolerances during the process. In practise you would probably need to scan all the whole platters anyways as you don't really know where the file is and also the raw data might have been written over several ones in paralell to increase read/write speed (or so I assume).

The reason I think the Ironkey guy has a better chance is mostly because a) He already has the device b) It is not damaged and c) the guy (presumably) already has enough money to fund the costly effort.

As for the technique, I was thinking about maybe using a SEM to recover either the "access password" or the internal encryption key + separately dump the flash memory (which I assume is a regular one). Something like this:

https://www.cl.cam.ac.uk/~sps32/cardis2016_sem.pdf

Of course some top notch lab reverse engineering (on other units) would be needed even if just to check the viability on this particular device... But for 7000BTC I would say it is worth the try.
 
P.S.: Or maybe just dump the contents of the main flash chip and try to brute force the encryption key IF it is derived from the "access password".

Why would it take "a few years"?

Sure bitcoin might go up and down in the coming years, but in the end, the peak of this cycle could well happen in the coming year to cause another 10x from here, which could well put bitcoin in the top...

Of course, no guarantees, but referring to "a few years" seems to be overly conservative in terms of "where we are at" and "where we might be going."


It's a kind of expression that seems to be attempting to show how smart they are when for anyone who has any kind of basic understanding of bitcoin will realize that they have just shown that they do not know what the fuck they are talking about.

The case of when 'doing as as well as an average' feels pretty darn good  
EDIT: so, 4-9 mo to peak? it would be weird to have a cycle peak in mid September, though.

What's taking so long, Jimbo?  I though that you were going to be buying this week or in the first half of this week or something like that.

Now you are waiting until Monday?

I suppose none of us longer term bitcoiners should be panic about these various kinds of ways that we get screwed over by traditional financial institutions or some of the transactions that we have to make that seem that they might end up costing us an arm and a leg (at least if we did not have bitcoin)... so in some senses, all the money that we lose, we have to pay or that we fail to earn because of various ways that we get screwed by traditional financial institutions ends up being dwarft by the sheer amount of value that we are gaining from the mere fact of having been HODLing onto our lil fiends for many years..

Your HODLing on has been quite a bit longer than mine, but I am surely feeling exponential magnifications in terms of whether I can spend the price appreciations as fast as they are rolling into the value of my HODLings.

For SMD, Shugart 1000, MFM and ESDI drives the raw signal is right there on the connectors, the controller does the a/d and sampling. This is why some controller cards are much better at reading disks than others. Degraded servo tracks on non-stepper motor drives are usually the problem here.

For IDE and up you do have to do a bit of surface mounted troubleshooting to find the head output from the Op-Amps but it's do-able. Now the professionals will open the disk in a clean room then remove the platters and read them with custom heads. Also remember you don't have to get the whole disk you just need to find the file of the wallet.dat. Even part of it would go a long way, and with things like a 256 bit ECC code you can probably compute out the missing bits with a lot of CPU power.

I like screwing with this stuff, keeps me out of trouble. The ironkey would be a lot harder IMO: