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Author Topic: Uncovering the mystery of lost Bitcoins  (Read 6265 times)

Offline jhm

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Re: Uncovering the mystery of lost Bitcoins
« Reply #30 on: April 22, 2021, 01:15:32 PM »
Appreciate you sharing this. In the earlier days, I was a bit clumsy...but don't think I've necessarily lost access to anything significant. People have lost billions of dollars, that won't ever come back. One guy lost tens of thousands of Bitcoin within the UK, threw his old hard drive out in a landfill, can Google that one...oops. Without a bank, you are in control of your own destiny

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Re: Uncovering the mystery of lost Bitcoins
« Reply #30 on: April 22, 2021, 01:15:32 PM »

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Offline masudginanjar

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Re: Uncovering the mystery of lost Bitcoins
« Reply #31 on: April 23, 2021, 04:50:18 AM »
If Bitcoin is lost, one way to find it is to find the Private Key and Pass Phrase.
I am sure that finding the Private Key and Pass Phrase can open the lost Bitcoin and that can make us happy.
My advice at the beginning is not to lose our Private Key and Pass Phrase because they are vital for your Bitcoin.
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Offline Rony

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Re: Uncovering the mystery of lost Bitcoins
« Reply #32 on: April 25, 2021, 07:33:46 PM »
To avoid these losses that can cost us a lot of money, it is best not only to make several backup copies of our private keys, we also have to have those copies in different places. because as we know the price of Bitcoin is very expensive and is a very valuable digital asset
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Offline Astra

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Re: Uncovering the mystery of lost Bitcoins
« Reply #33 on: December 18, 2021, 02:06:28 PM »
Cryptocurrency has many advantages, but it also has disadvantages. One of such shortcomings is the loss of our private keys or access to them for various reasons, which are mainly related to our mistakes and inattention. However, for ordinary users, working with cryptocurrency has a lot of nuances and subtleties, ignorance of which often leads to the loss of access to cryptocurrency.
I think that the lost bitcoins today are much more than about four million.
People die and often suddenly, without taking measures so that after them others have access to the secret keys. This problem will always be and the amount of lost cryptocurrency will constantly grow.

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Offline Beattysuhita

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Re: Uncovering the mystery of lost Bitcoins
« Reply #34 on: December 18, 2021, 02:39:22 PM »
Losing Bitcoin or other Crypto is very regrettable, especially if the lost coins have a high amount. There are many cases of losing Bitcoin that we have heard of, and there is nothing that can be done after the loss. 
It's really very regrettable, but what can you do if this has already happened. What we can do now is to protect our assets, keep the private key, check the wallet address correctly if we want to send coins and finally tell the people closest to you about your private key, so that if you die later, your assets can be retrieved.

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Re: Uncovering the mystery of lost Bitcoins
« Reply #35 on: December 18, 2021, 02:51:29 PM »
bitcoin is not doing good may be in 2022 it will be good my market in jan is 100k it will be touch we have to hold our coins may be wait for pump.
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Offline masterrex

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Re: Uncovering the mystery of lost Bitcoins
« Reply #36 on: December 18, 2021, 02:55:57 PM »
IMO, I believe those Bitcoins are not lost, because they still remained and exist with those wallet addresses, if we say lost meaning they are totally lost like burning any number of coins, that explains clearly that those tokens are already lost forever because it was burned out of the circulation. but in the case of Bitcoin, we cannot apply that because that so-called lost Bitcoin was still in circulation and it wasn't burned. that's why for me the right term that may be used has just become idle in the wallet. 

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Re: Uncovering the mystery of lost Bitcoins
« Reply #36 on: December 18, 2021, 02:55:57 PM »


Offline KaliLinux

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Re: Uncovering the mystery of lost Bitcoins
« Reply #37 on: December 24, 2021, 03:10:53 PM »
Compared to the past, Bitcoin is now more popular than the entire cryptocurrency. Bitcoin's security system has changed a lot compared to before. As far as I know now Bitcoin can be recovered. Because technology has changed with the passage of time.
Like the OP said, Maybe by the corporation with the owner who will likely provide some info to enhance the work of recovery but without that, if this can be done randomly, then no Bitcoin wallet is safe anymore. Everyone that is engaged in Bitcoin now knows the importance of safe guiding their PW/PK and I know that these losses were mostly for the early time of Bitcoin. 

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Re: Uncovering the mystery of lost Bitcoins
« Reply #38 on: December 25, 2021, 11:32:11 AM »
Like the OP said, Maybe by the corporation with the owner who will likely provide some info to enhance the work of recovery but without that, if this can be done randomly, then no Bitcoin wallet is safe anymore. Everyone that is engaged in Bitcoin now knows the importance of safe guiding their PW/PK and I know that these losses were mostly for the early time of Bitcoin.

I agree with you. Currently there is a lot of information and examples of how to save private keys. The people who lost access to their Bitcoins years ago may have been people who did not think about how far Bitcoin could go and did not take it very seriously. Whoever loses their private keys today is because they have not stopped for a few minutes to read about the importance of keeping them in safe places.
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Offline mahadev

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Re: Uncovering the mystery of lost Bitcoins
« Reply #39 on: December 26, 2021, 04:16:27 AM »
This will remind us to always save our keys properly and make some back up of it to prevent of losing and possibly of being stolen from you. We should take good care of our assets as we are taking care of our future because we all knew that once our Cryptos will lost it will never get back.

You're right we should keep private key, and maybebyou can safe in your email.
If in device, sometimes error and lost your device.
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Offline Freemind

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Re: Uncovering the mystery of lost Bitcoins
« Reply #40 on: December 26, 2021, 10:42:19 AM »
You're right we should keep private key, and maybebyou can safe in your email.
If in device, sometimes error and lost your device.

Save the private keys in an email ?. That sounds as crazy to me as saving them to a spreadsheet, as I read not long ago... There are more chances of someone entering your email than a device failing. You may lose a device, but you may have several more backup devices. From my point of view, private keys should be on various devices and should always be encrypted, they should never be online, there are many ways to secure our private keys, but that depends on the imagination of each one.
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Offline Evgenklm

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Re: Uncovering the mystery of lost Bitcoins
« Reply #41 on: December 26, 2021, 08:25:10 PM »
I don't know what a technological breakthrough should be so that it would be possible to pick up a seed phrase for the lost bitcoin wallets, this will most likely not happen soon, because such a super computer has not been created.
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Offline bmw1

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Re: Uncovering the mystery of lost Bitcoins
« Reply #42 on: December 27, 2021, 05:12:21 PM »
uncovering the mystery of lost Bitcoins.
Thank you so much for posting so nicely and didn't know that lost bitcoin was back. And I found out in full details how this is possible. I hope you will post more beautiful after that .

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Re: Uncovering the mystery of lost Bitcoins
« Reply #43 on: December 31, 2021, 11:33:18 AM »
In fact, there are a lot of these wallets, I think they have been lost all over the place, at least until they invent a technology for selecting heavy keys. But I want to say that relatively recently there were movements in remote wallets, apparently they were either hacked or remembered the keys.

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Re: Uncovering the mystery of lost Bitcoins
« Reply #44 on: February 08, 2022, 12:00:23 PM »
Whatever we do to prevent loss of access to our cryptocurrency wallets, this will still happen for various reasons within our control and beyond our control. People are all different, so mistakes, absent-mindedness, negligence and even various accidents will cause you to lose access to cryptocurrency. Now there is a lot of talk about the growing capabilities of quantum computers, including the fact that in a maximum of ten years they will be able to crack the security codes of cryptocurrencies. This, of course, is a very big threat to the very existence of cryptocurrencies. But at the same time, it will be a chance to restore access to previously lost cryptocurrency wallets.

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