Are you prepared for the $5 wrench attack ? (1000 ETH stolen)

[Lucius]

No one suspects that this is a made-up story? Some people make up stories like this because they are just psychopaths who want a little attention

Good point, to this day I don't believe in the James Howells story - he didn't prove in anyway that he had access to this Bitcoins and later he used his (now famous) twitter account to advertise Bitcoin Cash.
If he was really into tech and believed in Bitcoin, he would buy it again as it was still pretty cheap.
~snip~
It was all a stunt in my opinion.

When it comes to that famous hard drive, there is definitely doubt because there is no evidence that it ever existed, nor that James ever mined BTC. The question is how far a person is really willing to go when it comes to a lie, but some eventually convince themselves that something is true even though they knew it was a lie at the beginning.

However, in this particular case, it is not only about the lost BTC, but James claims that the disk also contains the real IP address of Satoshi.

[sportsguy1666]

Wrench attacks happen all the time.

Usually it is for money, jewelry, credit card pins your car...

I think the difference with BTC is that it is quite possible for someone to have quite a large stash on board...

[Peanutswar]

This is the reason why you must still keep vigilant in the internet, your information all around the web and people are active in locating you just to steal your money and seems on the image its an influencer so people really know them, people say that you can take back but again once you are in that situation its quite hard to make a reaction or do a move. Seems this topic is not too much related to this board.

[el kaka22]

I believe that made-up story possibility is quite high, you do not end up getting beaten or even just threat of being beaten, and then run to twitter, you run to cops. I think it's quite clear that he is making it up, to get some attention.

There are a lot of people like that in the crypto world, people who actually do believe their own story as well, like they make a mistake of their own, invest into something silly, the price goes down, and they say that FBI DID THIS type of people, and saddest thing is that they actually do believe that. All humans should remember that if there is an easy explanation of what is going on, then usually that explanation is the correct one, looking for more in depth and difficult one will not help you.

[GbitG]

Wrench attacks happen all the time.

Usually it is for money, jewelry, credit card pins your car...

I think the difference with BTC is that it is quite possible for someone to have quite a large stash on board...

Hmm, yeah things like these only happen to people who are not careful with their privacy. You can't expect to let the whole world know what you are doing, and how much money you earn and own, and then roam around free without having any security even at your house. The world we live in is a shithole, and you can't expect nothing to happen if you are doing all these things without any worries thinking no one would notice or do anything.

You can't even roam around your city having a few thousand dollars in your pocket if you know either you are famous or you have let people know you are rich and you have money. If strangers, or even people you know personally, know about your finances and financial situation, they would use any opportunity to rob the hell out of you.

[Z-tight]

Very strong passphrase ? it doesn't matter in this case. I don't know what you mean by "plausible deniability" but criminals will torture you (or your love ones) until you break and it can take hours or even days if they kidnap you.

When you extend your seed phrase with a passphrase, you get a new wallet that can only be opened with your seed phrase + passphrase, and just the seed phrase will open only the base wallet. If you have funds in the base wallet, you can make the criminals believe that is all the BTC you have, so they take it and go away, that is what is plausible deniability. It is certainly risky, but it is something that could work.

If you have large amounts of money, why not invest ~500-700 bucks (depending where you live) to buy a Glock ?

You've been talking about guns so much in this topic, what's your point. You can get a gun to protect yourself if you want, that is fine, but i thought the discussion was about non-violent ways of protecting yourself, i.e using solutions relating to the BTC network.

[Plaguedeath]

Obviously I've prepared if something bad happen.

I've create two wallets, one is without passphrase and one is with passphrase, I hold most of my coins in a wallet with passphrase and small amount in my wallet without passphrase. Since most Average Joe only know seed phrase is either 12 words or 24 words, I would give my 12 words or 24 words and say if it's all I have, they will believe and they might not force me more.

Stay lowkey is the best choice here.

[leeboy]

This is why it's better to not post in social media anything about your crypto. I don't have any ideas how to be prepared for that kind of attack

[MeGold666]

When you extend your seed phrase with a passphrase, you get a new wallet that can only be opened with your seed phrase + passphrase, and just the seed phrase will open only the base wallet. If you have funds in the base wallet, you can make the criminals believe that is all the BTC you have, so they take it and go away, that is what is plausible deniability. It is certainly risky, but it is something that could work.

This is good idea, except for the situations where criminals know how much you have.

You've been talking about guns so much in this topic, what's your point. You can get a gun to protect yourself if you want, that is fine, but i thought the discussion was about non-violent ways of protecting yourself, i.e using solutions relating to the BTC network.

It's about all solutions, violent and non-violent - whatever it takes.
As for guns, well - it is the best tool against physical attack that man has invented so maybe that's why as this topic is about physical attack.

[NotATether]

$5 wrench attack has a 8$ per round solution
https://www.luckygunner.com/50-cal-bmg-750-grain-a-max-match-hornady-100-rounds

Expect in pussy states where only rapist and drug dealers are allowed to smuggle guns.

Haha a bit overkill but I like it 

And this ammunition is for which gun exactly?

[MeGold666]

And this ammunition is for which gun exactly?

50 BMG ? it's for long heavy rifles like Barrett 82A1.

There's no point of having one other than fun on the range.

[C10H15N]

$5 wrench attack has a 8$ per round solution
https://www.luckygunner.com/50-cal-bmg-750-grain-a-max-match-hornady-100-rounds

Expect in pussy states where only rapist and drug dealers are allowed to smuggle guns.

Haha a bit overkill but I like it  

And this ammunition is for which gun exactly?

Any number of very large rifles made by several manufactures.  

I would not personally choose one for self / home defense due to the size, weight, and power of the weapon system and projectile.  

[MeGold666]

You could split in half all three of this thieves with one bullet shot from this rifle 

[C10H15N]

You could split in half all three of this thieves with one bullet shot from this rifle 

...and completely remove an entire wall from your home. 😂🤣😅

[MeGold666]

This bullets are so sharp and weight so much even throwing them by hand at the adversary would hurt them

[NotATether]

And this ammunition is for which gun exactly?

50 BMG ? it's for long heavy rifles like Barrett 82A1.

There's no point of having one other than fun on the range.

Makes sense, you can't fit a suppressor on the 82A1 either so it's going to take out your ears too.

[MeGold666]

Makes sense, you can't fit a suppressor on the 82A1 either so it's going to take out your ears too.

Yep. even if you missed, the sound alone would hurt them (and you).

[MeGold666]

Another good option to have against such attacks are alarm systems connected to security company.

This systems can be set to have a silent alarm activated if you enter special PIN that was set for it so good in case you're already at gun point and forced to disable it.

You can also activate the silent alarm with a remote.

So criminals won't have hours to torture you or your family.

Good also for having more time to grab your gun in case you're asleep and someone breaks into your home.

Combine this with good front doors, a good lock on them, camera system and anti-burglary window blinds and you're pretty safe.
All of this is only to give you a bit more time to grab your gun, otherwise you're at the mercy of police which usually comes too late.

If you are one of this "guns are bad" people, then sooner or later someone will rob you anyway and you'll be lucky to stay alive  

[GbitG]

Another good option to have against such attacks are alarm systems connected to security company.

This systems can be set to have a silent alarm activated if you enter special PIN that was set for it so good in case you're already at gun point and forced to disable it.

You can also activate the silent alarm with a remote.

So criminals won't have hours to torture you or your family.

Good also for having more time to grab your gun in case you're asleep and someone breaks into your home.

Combine this with good front doors, a good lock on them, camera system and anti-burglary window blinds and you're pretty safe.
All of this is only to give you a bit more time to grab your gun, otherwise you're at the mercy of police which usually comes too late.

If you are one of this "guns are bad" people, then sooner or later someone will rob you anyway and you'll be lucky to stay alive  

Someone might not need a gun if they have enough security, however, it's always better to have one available at your house just in case you need it and the person should get trained to be able to use that gun because it's useless if you are not able to use it either out of fear or not having enough knowledge or understanding about it.

It's important to have all your doors locked at all times when you know you have the possibility of getting robbed because such things happen around the place where you live. One should know their surrounding very well, so it's not difficult to understand or realize that there are crimes happening around or not so that a person can take necessary precautions before something bad happens.

[Pidgeon]

$5 wrench attack has a 8$ per round solution
https://www.luckygunner.com/50-cal-bmg-750-grain-a-max-match-hornady-100-rounds

Expect in pussy states where only rapist and drug dealers are allowed to smuggle guns.

Haha a bit overkill but I like it 

And this ammunition is for which gun exactly?

Plenty of sexy rifles for it, but if you want to take it to house combat then eliminate threat outside  I would recommend you go with a bullpup anti materiel style like the lynx
https://www.youtube.com/watch?v=hseWOv2fvF4

Makes sense, you can't fit a suppressor on the 82A1 either so it's going to take out your ears too.

You can fit it on any version even before the 107a1 but the recoil would hammer you into the wall, that cast aside can't stop wondering why would you want a suppressor for  self defense situation, one live round and you have triggered all ShotSpotter in the neighborhood and any assailant would instalearn how precious life is even with a failed heist.