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9 Dec, 2017 09:25

Russian ‘crypto-hypnotists’ help recover lost bitcoin wallets

Russian ‘crypto-hypnotists’ help recover lost bitcoin wallets

Hypnosis services are now available for bitcoin owners in Russia helping those who have lost the password for their e-wallets. The service costs one bitcoin and five percent of the amount returned as a result of the hypnosis session.

According to Denis Derkach, the founder of an advertising and information platform for cryptocurrencies, it’s the first time specialists have helped recover lost passwords to cryptocurrency wallets.

He told Life.ru, the "services are now at peak demand” as bitcoin is breaking record highs.

“With the skyrocketing bitcoin many of those who once bought bitcoin as a toy are now kicking themselves,” Dergach said, adding they are “appalled to see that they could become dollar millionaires if only they remembered the password.”

He also said that even if you have less than one bitcoin in your account and you still want to recall the password with hypnosis, the sides “can negotiate.”

Forbes recently estimated the value of so-called ‘dead bitcoins’ could be more than $20 billion.

Dergach said he is often approached by those who bought cryptocurrencies for two to three thousand dollars about a year ago.

“Today it is a real fortune,” he said, adding “When such things happen (they lose passwords), they lose their minds.”

The hypnotist working for the Cryptomania platform knows a unique "technique of remembering passwords for cryptocurrencies,” according to Dergach.

"With the help of hypnosis, I bring a person into an altered state of consciousness when he can recall the information he needs," said hypnotist Veronika Marymur. She could not explain the difference between her crypto-practice and ordinary hypnosis but said almost half of her 20 clients managed to recall their e-wallet passwords.

In October, the editor of Wire and founder of the website Boing Boing, Mark Frauenfelder published a story on his four-month unsuccessful attempts to recover the password of a bitcoin wallet with the help of hypnosis. He finally got access to the wallet after appealing to hackers.