Hello Bitcointalk, I recently set my friend up with a Bitcoin wallet after he explained that he wanted to purchase something, and the sellers only accepted Bitcoin. He installed an Electrum wallet and I left the room for a bit while he set it up. I loaned him some Bitcoins, but when he went to send the coins, a problem arose. You see, my friend is dyslexic, and it turns out he typed his password incorrectly... twice. He doesn't know what his password is, and he needs it to send coins. No problem I thought, just use your wallet generation seed to get access to your private key.... he didn't save the words, and needs to enter his password to view them. He also didn't set up 2FA.
To summarize, he doesn't know his password, and did not take any necessary backup measures. Is there any way he can get access to his coins back?
Sadly it is likely it is gone forever. He not saving seed is a huge mistake it warns on it I believe to save it safely. And to forget password it is hard to explain how hard it is to brute force a single wallet.
Does he know generally what he typed as password? If he does you might be able to find someone to try to get in it. But you will need to have a good general idea of what password was or it will never happen.
So depends on how much he remembers of password. But most likely gone forever. Out of curiosity how much was lost?