No Pressure

[gcode]

Being left with a couple of password guesses before getting locked out of a system is something many have experienced, but not with $240 million on the line. That's the unenviable situation facing Stefan Thomas, who has lost the password to a hard drive containing 7,002 Bitcoin.
The New York Times reports that the German-born programmer, who lives in San Francisco, was given the haul of Bitcoin over a decade ago, back when they were worth just a few dollars each. Thomas stored them in a digital wallet on his IronKey hard drive and wrote the password down on a piece of paper, which he lost. With the price of Bitcoin surging recently, that drive now has around $240 million on it.

The IronKey allows for ten incorrect passwords before its contents are permanently encrypted. Thomas already has eight failed attempts.

https://www.techspot.com/news/88290-programmer-has-two-password-guesses-left-save-240.html">//https://www.techspot.com/news/88290-programmer-has-two-password-guesses-left-save-240.html

[Dan_AKA_ROY23]

How terrible a feeling must that be?  

[YoDoug]

I saw this the other day. The thing I don't get is that the BitCoin fans say it is the safest form of currency and that it uses blockchain tech to make it nearly impossible to hack. Then it seems odd that $240 million in value is subject to the integrity of one hard drive. What if the hard drive crashes or gets hacked, or like this guy you loose the password. If the transactions are all in the blockchain then wouldn't there be another record to his hard drive.

I have said before, BitCoin is a house of cards cleverly disguised in fancy tech.

[neurosis]

That's why raid arrays and password managers were invented.

[Jim at Gentex]

The dumfuks who lose or forget their passwords are the only victims.
There are a few VERY SIMPLE rules to follow regarding any crypto-currency.

1. Keep your shit secured and backed up, and treat it like any other valuable data.. (https://www.finder.com/cryptocurrency/wallets">https://www.finder.com/cryptocurrency/wallets)  
2. Manage your passwords OFFLINE.
3. Never, EVER, leave your crypto wallet connected to the internet when you are not using it.

[Jeff]

I'd offer $10mill to anyone who can crack it.

[gcode]

I'd offer $10mill to anyone who can crack it.

I believe an IronKey flash drive destroys the data after ten failed password attempts

[Tim Johnson]

I'd offer $10mill to anyone who can crack it.

He only has two tries left.

[Jeff]

I understand that, that's why he wouldn't offer it to just anyone. $10mill should easily be able to buy the best of the best.

[Jon@NOWHERE]

He should have used 12345 as his password

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[RobertELee]

Did he try "Incorrect"?