Some bitcoin millionaires are missing out on their fortunes after forgetting the passwords to their digital wallet. Nathaniel Popper, The New York Times writer, joins ‘Power Lunch’ to discuss his reporting and what it says about the types of bitcoin investors out there. Subscribe to CNBC PRO for access to investor and analyst insights on bitcoin and more: » Subscribe to CNBC TV: » Subscribe to CNBC: » Subscribe to CNBC Classic: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: Connect with CNBC News Online Get the latest news: Follow CNBC on LinkedIn: Follow CNBC News on Facebook: Follow CNBC News on Twitter: Follow CNBC News on Instagram: #CNBC #CNBCTV
Back link Lost passwords lock investors out of bitcoin fortunes

Invest real cloud bitcoin mining SHA-256

Open Bitcoin Wallet and get free 50 tokens BTX


Rate this post
50 thoughts on “Lost passwords lock investors out of bitcoin fortunes”
  1. I forgot my password too
    Even though I am unlocking my phone daily there was a day where I just forgot my password so I just let all my thoughts free.. don’t put yourself under pressure you will remember your password again trust me…

  2. When it comes to cryptocurrency mostly Bitcoin at the moment, there are always two sides; as some people will want the price to fall to its lower dip for them to buy cheap, while others will hold and wait till it sky rocket for them to sell off, but i really see all this so pointless if it can't yield great result or grow a very strong portfolio. It's clear now that the halving is not what we all imagined and expected initially but the good thing for me was that i did not put all my faith in it as i so much believe in day trading and was able to grow a very strong portfolio. However this i have been doing since the last bear market with Luke Williams strategy and daily signals which has proven to be very effective, accurate and profitable. Last month i was able to grow a total of 4BTC having traded with my initial 2BTC with Luke daily signals which you would agree is a very good profit. My advice is for everyone to make use of such signals so as to grow a very strong portfolio ahead of halving coming soon, give it a try guys. Luke has a telegram channel ** @< lukesignals >** where his provides daily signals for all members.

  3. I like these CNBC videos, but really dislike the “Shepard Smith here, thanks for watching CNBC, on YouTube” at the end. It is such an annoying, unnecessary insert that puts me off watching these videos until the end. Cringeworthy.

  4. As cliche as it sounds with great freedom comes great responsibility. I'd rather have full control of my finances than give my money to institutions. I'm smart enough to know my keys. There are consequences for being dumb. Deal with it. You can hold many private wallets or keep your passwords in an encrypted password storage.

  5. Pointing out a well known feature of Bitcoin, and the people that didn't bother to understand it before they took custody of it themselves. It's CRYPTO.. that's the point.

    It goes without saying that anyone that puts too much into a single wallet is foolish. It sounds like it wouldn't make much difference if these sort of people divided it up sensibly though, they'd forget ALL their seed phrases anyway… *sigh*.

  6. Guys, just remain calm. Don't panic sell all your coins. This is actually what they want you to do, sell your coins so they can buy them and get rich with them later. Be patient

  7. Break it down for us? People are morons. End of story. They need someone to hold their hands for everything.
    The Josh guys is also a moron, buy from Greyscale and pay 300% premium and pretty much ignore the whole point of Bitcoin. And no people are not religious about holding. They want their wealth secured. Same with gold bugs.

  8. Bitcoin is about to explore, I am so excited! I have earned so much these passed 2 weeks and the bull run is still getting started.

  9. The accessible heart focally wipe because quilt densply practise than a nutty barber. luxuriant, solid enquiry

  10. Remember we've been spoiled and blessed with this bullish trend. Like everything else it have to cool off. The drop will bear market the following weeks. But by the end will see it rise again. Btc is like Rocky, always get back up. Think about it, inflation is crazy in fiat, everybody is sceptical towards banks. And besides that Institutions are now involved. Internet and digitalization is growing explosively, Crypto currency is a natural/organic step towards this shift of paradigm .The best we can do now is have patience, spread the word to all your friends. Btc is on a discount, and we have to normalize the currency. In Sweden there are several companies starting accepting Bitcoin as payment method. We are getting back up stringer than ever, but don't forget to enlighten the rest of the world of crypto. I didn’t think it was possible to make constant improvement from trad!ing till I came across Josh Hager for investors/newbies who lack understanding on how tradI Ing Bitcoin works. I got up to 6.5btc trad!ng with me. you can connect me onTel-qram (@kimbrian65) for my help.

  11. The major challenges investors face may range from controlling impulsiveness to the frail of compulsion. Most newbies and would-be investors often undermine and most often neglect the importance of technical analysis with regards to trading. Technical analysis overly predicts the movement of asset prices regardless of what is happening in the wider or broader market. Essentially, the process involves studying the paths of a particular asset movement in the past so as to establish a sustainable pattern that can be used to predict future movements. I would encourage investors out there to trade with the little they have or copy trade alerts from a professional trader. I have been using Andrew Charles Weber's trading Signals and Strategy Designer since the last bear market, increasing my portfolio daily. With his strategy/signals, i have been able to grow my portfolio to 13 btc with my initial 0.8 btc.

  12. Don’t take a picture of your seed fraze Because it’s in the cloud so I can go and Hack cloud and have a seat fraze

  13. The major challenges investors face may range from controlling impulsiveness to the frail of compulsion. Most newbies and would-be investors often undermine and most often neglect the importance of technical analysis with regards to trading. Technical analysis overly predicts the movement of asset prices regardless of what is happening in the wider or broader market. Essentially, the process involves studying the paths of a particular asset movement in the past so as to establish a sustainable pattern that can be used to predict future movements. Permit me to say that Mr. Ahire Vijay is an expert Trader without flaws, the very best of his kind. Ahiretrading@gmail com : w h a t s a p p + 1 5 8 5 6 6 6 1 3 3 1

  14. It’s just like cash. You don’t leave the house with your entire net worth in your wallet waiting to be lost or stolen. Likewise you’re not going to be walking around with bitcoin keys for millions of dollars.

    Well that’s assuming regular people are transacting on Bitcoin’s main network, which they won’t be. At this point Bitcoin’s network is more of a settlement infrastructure payment providers would use with each other. The bitcoin itself would likely remain in bank accounts and we’d be buying things the exact same way we are now.

  15. BITCOIN is the most unsecure investment in the world. There is no way to protect your private keys from hackers.

  16. they will need to find another way to store BTC, we are in 2021, who the hell store money on a ledger ?? it s even worse than storing your money under your bed

  17. Just a hype story to sell his book.
    1)get a hardware wallet like Ledger Nano for $50
    2) Make a 12 word recovery phrase and don't lose it.
    3)At anytime in the future, you can use any device anywhere in the world to unlock your same wallet portfolio.
    You don't need your original hardware wallet, it can be destroyed in a fire it doesn't matter because your seed phrase actually recreates the same wallet addresses.

  18. Much ado about nothing. Bitcoin is a fad. The last one holding the bags (there will be millions of people) will get nothing.

  19. I've always been with the though and opinion most of the comments on here were bots or spam until a close friend of mine actually told me they work which prompted me to hire the expertise of and he did Amazing job beyond my expectation

  20. Well when btc do not move from their addresses it does not mean they are lost because their owners have lost their private keys. When btc do not move it does mean HODLING it is something you could hardly get…

  21. Bitcoin extended its recovery trend as traders shifted their focus on Joe Biden’s stimulus plan expected later on Thursday, hoping that a generous spending package would pressure the US dollar and boost demand for alternative safe-haven assets. The benchmark cryptocurrency did react well to the stimulus narrative. Its rate per token surged to $38,800 in an early London session, up about 29 percent from its session low near $31,000. Nevertheless, Bitcoin is still trading lower from its record high of $41,986. Many traders noted that the cryptocurrency would reclaim its previous peak—and form a new one in the sessions ahead. One of them—a pseudonymous analyst—noted that Bitcoin flipping $36,500 from resistance to support provides it an ideal footing to continue its rally to a new high. However, due to the volatile nature of the prices of digital currencies, it is understandable that many people, especially new traders, are hesitant to trade cryptocurrencies. The good news is that now, there are many trading tools, such as trading signals and systems, that enable traders to trade Bitcoin and other cryptos profitably. I have been trading with Mr. Burwell Coleman a pro trader who has helped me accumulate over 5.5 BTC from my starting 0.7BTC and he can equally help you achieve that. Burwell is a man anyone interested in crypto should try out and you can thank me later, you can reach him on Gmail (burwellcolemanfinance@gmailcom) and telegram (burwellcoleman) to know how to go about investing in crypto.

  22. I mean honestly if your only goal "become a millionaire" ur just begging to make a dumb decision and be disappointed…I think many have already become millionaires in this current bull market but the recent dip has shown that it's not the right mentality as hodling can be very dangerous. As hard as it is trad!ng Crypto is way more lucrative and is quite logical if you just study the charts and the support resistance and pay attention to what's going on, I’m not a pro trader but I was lucky enough to make 25’B’T’C since late last year following the instructions and signals from Joseph Robinson of ajonestrade. He runs program for investors//newbies who lack understanding on how trad!ng Bitcoin works, to help them utilize the volatility of the crypto market and also stack up more bitcoin. You can easily reach Joseph Robinson on TeIeqram {Josephpariscrypto} for Crypto related issues.

  23. It.s very detaíled into Havìng gótten involved in the stóck márket and made líttle profits , I still greatly belìeve in bitcoin tradìnq mostly as the márket is flunctuating at thìs poínt ìn tíme . I strongly advíce us to get involved in day – tradìnng but to be propérly guíded by a pro – tràdr wíth a workìng stratégy . Fór mé it's beén very succéssful bècáuse I was beíng guilíded by my respectíble Coâch Danìel Wríght , whose strâtegy has prôven to be so accûrate and well analyséd . Tradìnng and growíng my portfolìo from 0.9btc to 5.6btc wìthin 6 weêks ìs so awesôme and credíble . Don't you think this is the ríght tìme to grow the líttle we hôld ahëad of môre bullìshness ? He can be reâ.ch vìa tâle. grám @ Daníelwrìghtfx or whát's.App …… + 1( 7 8 6 )52 7 – 2 947…

  24. have been a believer in the blockchain and the bitcoin over the years and from experience, I have learned that information about bitcoin comes from three kinds of people, One who knows but would rather suppress the information by publicly criticising bitcoin but privately stacking up on the asset, there is also the truly ignorant who would swallow any information hook, line and sinker and of course, those that are truly devout to bitcoin and making steady progress in updating with information worth knowing. I have been in the last 2 group but with the assistance of Koen Albers whose trades I have been copying for over 3 months now, netting in more than 9 btc in profit already. Learning never ends and I am still doing so with Koen. He can be reached on whatsAap (+44 7828 450768) and telrgram (+447828 450768) . Persistence and commitment and love for success is what you need in the crypto space and we all can. cryptoforex60@gmail. Com..

Leave a Reply

Your email address will not be published. Required fields are marked *