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Author Topic: Peter Schiff Lost His Bitcoin  (Read 542 times)
pushups44
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January 21, 2020, 02:53:25 PM
 #61

Interesting article, but the skeptic in me is wondering if it's actually true.  Sounds to me like there might be a chance of him recovering his bitcoin if someone can figure out what the problem is.  It also sounds like a perfect statement to make if you wanted to slam bitcoin--by pointing out how easy it is to lose it.

And the little devil that sits on my shoulder is gleefully wondering how much bitcoin Schiff had in that wallet.  I've never been a fan of the man, since he's been blowing hot air for years now about gold and bitcoin and I'm just tired of his nonsense.  If he hates bitcoin but bought and lost it anyway, then screw him.  

My third curiosity is about which wallet he's using and how strong his password was.  If it wasn't really strong, there's a good chance he could remember it.  Anyway, this "news" is interesting but has a funny smell to it.

Edit:

So I'm thinking this is just another attempt on his end to discredit BTC here.
Ah, you beat me to that statement.  That did occur to me as well as I said.

From what I understand, bitcoiners donated this bitcoin to Schiff to win him over. Schiff supposedly lost his bitcoin, which can be interpreted in different ways. I believe Vitalik Buterin weighed in that cryptocurrencies must become more user-friendly, and I heard he faced a backlash from crypto Twitter. On the other hand, this makes Schiff look technically inept, whatever the merits of Buterin's argument. I actually think Buterin is right and Schiff looks incompetent.
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January 21, 2020, 03:21:45 PM
 #62

I have doubts about the veracity of the words Peter Schiff posted on Twitter about the fact that he lost access to the wallet. To get such a screen as he published, just enter the wrong password. But if he really lost access, he needs to register on bitcointalk to learn more about safe use of the wallet.

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January 21, 2020, 03:27:46 PM
 #63

As per his statement he knows the password but unable to log in the wallet because there is something issue with wallet or may be  something updated issue with that wallet.So i think how can someone without any knowledge of Wallet they store the bitcoins there because we know the importance of Password or Private Key or Wallet Seed if we take any of those backup we can easily restore our Wallet if any issues happens with our wallet. But how can Peter Schiff gives a silly statement like that.

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January 21, 2020, 03:29:11 PM
 #64

I have doubts about the veracity of the words Peter Schiff posted on Twitter about the fact that he lost access to the wallet. To get such a screen as he published, just enter the wrong password. But if he really lost access, he needs to register on bitcointalk to learn more about safe use of the wallet.

Which he won't do under any circumbstance. I guess this is more "I told you so" moment for him rather than "damn, what have I done wrong"
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January 21, 2020, 04:04:42 PM
 #65

According to Cointelegraph, perennial bitcoin bear Peter Schiff has lost his bitcoin due to losing his password:

https://cointelegraph.com/news/peter-schiff-lost-his-bitcoin-claims-owning-crypto-was-a-bad-idea

What are your thoughts?
only noob will be fooled by this ,for sure there will be another attack against bitcoin from this one since this issue comes out to think that it is very impossible for people like him losing his Password.what about you Believing on what says here?

I have doubts about the veracity of the words Peter Schiff posted on Twitter about the fact that he lost access to the wallet. To get such a screen as he published, just enter the wrong password. But if he really lost access, he needs to register on bitcointalk to learn more about safe use of the wallet.
of course he is already in Bitcointalk because he already has Bitcoin so it is normal that he knew this forum and also he knew where to fool people.

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January 21, 2020, 04:18:37 PM
 #66

He is saying "his wallet forget his password”. It may be possible that somebody hacked his password and changed it. There is seed with every wallet and you can always recover your password from that. Where is Peter Schiff seed? Its very easy to criticize bitcoin.

 
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January 21, 2020, 04:20:06 PM
 #67

Peter is obviously making this up to gain more attention. Look at the engagement his tweets are getting. He is clearly struggling to remain relevant.

I think he might be a bit jealous of CSW, what with all the "not your private keys, not you bitcoin" nonsense and what not going on.

 Cheesy

Why would he care anyway, as bitcoin clearly holds 'no intrinsic value' for him, quite literally. Guess his password must be of value ?

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January 21, 2020, 05:02:05 PM
 #68

Well, this old man is definitely searching for the attention through " Forgetting the password " and other trivial excuses, and to be honest I don't really care if this Peter Schiff lost his amount of Bitcoin or not, it does not even matter, and this information will never help me.
In fact, we need to ignore this kind of news to be honest, and focus on the things that can improve the era of Bitcoin in different ways , it would be through creating some Blockchain projects with a new ideas.
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January 21, 2020, 05:19:47 PM
 #69

Oh.. so this is the reason behind his bearish predictions with Bitcoin. Poor old man lost the private keys and password to his Bitcoin wallet and is therefore jealous of those who kept their coins securely. IMO, he should leave all this bitterness aside and move on with his regular life. It is still not too late to own a few coins. And Peter Schiff is still financially sound enough to purchase a few dozen BTC at the current market prices.

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January 21, 2020, 05:22:24 PM
 #70

... and to be honest I don't really care if this Peter Schiff lost his amount of Bitcoin or not, it does not even matter, and this information will never help me.
I guess you're right, most of the topics here are already focused on a popular person. The OP asked on our thoughts on this common-sense situation, how will you react if someone lost huge money? a simple question with a basic answer right.

People nowadays are getting too much attention, If someone tweeted, it's already here in BTC discussion, every individual is important are always in this discussion as if it helps the growth of BTC in 2020. And btw, Peter Schiff will always take an opportunity to spit non-sense on the public, I'm tired of people like that.  

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January 21, 2020, 05:53:27 PM
 #71



When CW say something it has to be on the news so this Peter also wanted to be in the news without claiming he is satoshi.  We understood so that he wants BTC to drop but why does cointelegraph have to name him "perennial bitcoin bear Peter Schiff "? 

He'd be one of the person who will line up with Jaime Dimon  one day.


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January 22, 2020, 02:52:34 AM
 #72

Someone posted on twitter and already gives Trezor wallet to Peter Schiff,

https://twitter.com/anilsaidso/status/1219409624291430400
I hope he does not forget his wallet pin this time  Grin
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January 22, 2020, 03:39:00 AM
 #73

Oh.. so this is the reason behind his bearish predictions with Bitcoin. Poor old man lost the private keys and password to his Bitcoin wallet and is therefore jealous of those who kept their coins securely. IMO, he should leave all this bitterness aside and move on with his regular life. It is still not too late to own a few coins. And Peter Schiff is still financially sound enough to purchase a few dozen BTC at the current market prices.
it is very unfortunate if the private key is lost and right now the property does not belong. but indeed this has its positive side, where the volume of bitcoin circulating in the market is getting smaller, thus allowing prices to grow faster. I think he is a great investor and knows what to do next


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January 22, 2020, 04:38:55 AM
 #74

it is very unfortunate if the private key is lost and right now the property does not belong. but indeed this has its positive side, where the volume of bitcoin circulating in the market is getting smaller, thus allowing prices to grow faster. I think he is a great investor and knows what to do next


He's a great investor but also a fool, I think he just wants to discredit Bitcoin, he reasoned that he didn't forget the password but his wallet forgot the password, This is a very funny statement. You can check on his Twitter account.

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January 22, 2020, 04:50:41 AM
 #75

Looking at the fact that Peter has been critical of bitcoin, this may just be another way of trying to discredit bitcoin and seek unsolicited attention from the public. He knew the sacredness of his password, it's his responsibility to keep it safe and not someone else.

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January 22, 2020, 03:19:10 PM
 #76

He is saying "his wallet forget his password”. It may be possible that somebody hacked his password and changed it. There is seed with every wallet and you can always recover your password from that. Where is Peter Schiff seed? Its very easy to criticize bitcoin.

It is a pity that Peter Schiff did not publish the address of the wallet, it would be interesting to study its contents. If his password is hacked, there will be no bitcoins. And if we see bitcoins there, it means that no one hacked Peter Schiff's wallet.

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January 22, 2020, 03:27:44 PM
 #77

Someone set it up for him?
Hmm.. something is also fishy out there.

Well, I dont think anyone could help him if someone already got it. Right?
It might not be loss but could be stolen.  Grin

Give this a month and a article about him will come out.

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January 22, 2020, 03:42:39 PM
 #78

can't stop smiling with this case, I had once this situation and asking many services about recovering wallets.
Finally it back and I need 2 years to remind it, seriously 2 years to make that wallet open again.
Its surprisingly just because i input 1 char after original password while i changed my password routine.
Now i tried to use hardware like trezor to split my savings of coin. Hopefully nothing goes wrong from now on.
Like my friend mentioned me to save the paper card. And the recovering seeds on that paper card already on safety box.

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January 22, 2020, 03:44:41 PM
 #79

Someone set it up for him?
Hmm.. something is also fishy out there.

Well, I dont think anyone could help him if someone already got it. Right?
It might not be loss but could be stolen.  Grin

Give this a month and a article about him will come out.

from a person that is not treating Bitcoin Good?no one could help Him because this is just His own created story,how can a man like him with all resources and very intelligent can just Lose his Password like that?

and you are definitely correct that in just a week or months he will have a Big words towards Bitcoin for sure.and we can expect it like what he always do.
Looking at the fact that Peter has been critical of bitcoin, this may just be another way of trying to discredit bitcoin and seek unsolicited attention from the public. He knew the sacredness of his password, it's his responsibility to keep it safe and not someone else.
almost every thread that talks about this issue has same theory that this is just another false statement from peter to discredit Bitcoin so expect anything soon from Him.

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January 23, 2020, 11:37:03 AM
 #80

      I think Peter Schiff just wants to misinform about the potential of the BTC, for people to panic. I don't think ShapeShift is a platform with problems. Regarding the password, if he really owns 1 BTC on this exchange, his account password is spelled incorrectly by him. The man is very arrogant and I do not understand what he earns by discrediting Bitcoin.

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