Post
Topic
Board Bitcoin Technical Support
Re: 0.50 BTC reward for a valid password.
by
DaveF
on 15/05/2020, 19:50:29 UTC

I think what happen is that the guy got access to his wallet, and changed the password. But now he is reindexing the whole blockchain and it will take a month (slow connection/computer) until he can move the funds.
This is what I understand from his messages.

He is, as stated above, a scammer.

Re-indexing has nothing to do with your ability to
1) Move coins. Since once you have a password you can export the private key and import it into something like electrum.
2) Sign a message.

-Dave


You are added to ignore, there are many spammers like you.

Just did a test. Started a reindex, still managed to export the private key and import it into electrum in under a minute.

Then I did it on an old slow system with the blocks on an external drive, much slower to even start the re-index and I got bored of waiting so I killed the process, renamed the blocks / chainstate / database folders restarted QT and exported the private key. That took almost 4 minutes.

-Dave