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Author Topic: Do you guys think that there will be a new technology to recover lost Bitcoins?  (Read 10041 times)

Offline Freemind

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Such technology would only have one use case, stealing. No one knows, or decides, which Bitcoin wallet has been lost or has been waiting for years to sell when its owner wants it. Something like that does not exist and should not exist, and if it existed, the community would act to eradicate it completely or it would be the end of Bitcoin.
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Offline Azaleea

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Such technology would only have one use case, stealing. No one knows, or decides, which Bitcoin wallet has been lost or has been waiting for years to sell when its owner wants it. Something like that does not exist and should not exist, and if it existed, the community would act to eradicate it completely or it would be the end of Bitcoin.
Yes, I agree with you. Such technology could become the biggest robbery ground in the virtual financial world. And that could be the beginning of the collapse of not just bitcoin, but the cryptocurrency industry as a whole

Offline pacar_tiri

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Such technology would only have one use case, stealing. No one knows, or decides, which Bitcoin wallet has been lost or has been waiting for years to sell when its owner wants it. Something like that does not exist and should not exist, and if it existed, the community would act to eradicate it completely or it would be the end of Bitcoin.

I think you're right, there's no technology can recover lost bitcoin. Maybe only how to steal bitcoin. I don't think there's technology can do that. maybe until end of bitcoin , we will not see it  That's my opinion

Offline UNIVERSE

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 there is any, I will be so happy to know that because sometimes, we don't know if the private key or password or other data are used. And sometimes it also makes some break In this case, we can the developing technology may get recovery form that case. And we can wait for the result or the research

Offline marcsymons

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Unfortunately, we cannot recover lost bitcoin. On the other hand, there is a Bitcoinvault that has a unique feature that enables one to cancel transactions should you send it to the wrong address or be stolen. https://bitcoinvault.global/

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In my opinion, the longer Bitcoin technology will certainly be new and sophisticated. There could be many possibilities Bitcoin will be able to do that. Moreover, the price of Bitcoin has also skyrocketed, of course it will be even better in quality so that it can survive.
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Offline Freemind

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@Black ID I hope that as much as technology advances, and the development of Bitcoin, nothing similar never appears. If it existed, I would personally sell my crypto for fiat and forget about it, as it would not only mean the end of Bitcoin, it would also mean the end of cryptocurrencies in general. Also, something like that would never be used for any good.
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Offline Master107

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I don't know yet but still I'm optimistic that there will be a technology that can collect lost bitcoins. Of course there are legal matters there once the technology exist. If after 30years from now and Bitcoin value would be $300k or $500k and above. Imo, programers and data analyst could possibly team up to develop a tool that can collect lost Bitcoin in legal terms. They will find ways like landing in the moon.  :D

Offline Bobcrypto

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I think a lost bitcoin is gone and may not be recovered again but in this present world of technology any thing can happen,  more inventions may surface in the future that may recover lost bitcoin. New technology will never end and advancing in the current technology will keep upgrading, some have we may have ways to get lost wallet address too. Let watch unto the future.

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INVESTING, TRADING,
LOTTERY, MARKET
PREDICTIONS.
  
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GAMEFI  ◼  NFT  ◼  DEFI  ◼  CURRENCY TRADING
CURRENCY TRADING  ◼  DEFI  ◼  NFT  ◼  GAMEFI
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FOREXTRADING FROM $1
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Offline Master107

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@Bobcrypto
I agree. As long as there are chances every new day, to recover Bitcoin still possible in the future. It took a long time that the Wright Brother developed the flying object. It seems impossible at that time. However, the impossible became possible. There are so many flying objects in nowadays more than expected.

Offline Freemind

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I hope there is never something that can do that, but if it exists, I hope there is also some mechanism or update in the Bitcoin core to protect the wallets, because otherwise what happened in Mt.Gox would be a joke compared to what could happen in our wallets because it would be a massive robbery.
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Offline vegasus

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What do you mean by "lost Bitcoin"? Bitcoin asset that cannot be accessed? I think we already have it as long as the requirements are fulfilled. To recover the loss of Bitcoins may need some secret words like phrases or pins. If there is no data at all, it cannot be found even using whatever the technology.

Offline ashraf786100

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As we all know that we have not been able to achieve the goal of Chabiyan's bag hair beltway, therefore it is not possible to get the key of Chabiyan. If we are able to get rid of the Butt coin with different technologies, then the Bitcoin holder will be at risk because of the misuse of this technology.
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Offline Dreamer

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A lot of people posting that they successfully recover their funds for a long time but how about those who have lost their Bitcoins? Is it possible in the future that there will be a technology that is specialized in recovering lost Bitcoins in just a matter of minutes or an hour? If that time comes, do Bitcoin hodlers are in trouble too as their funds might also be vulnerable and be compromised?
Maybe you should avoid such people because many of them are scammers and they just want to steal your money! How long have you been using blockchain technology? Have you ever saw something like that apart from the news that you heard?

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We are talking about the future right? Yes it can be possible. There are a lot of creative minds that are building up. They will invent the tech and fix it up to the extent of generating codes and others so as to grant the Bitcoin owner access. The world is evolving. And impossibilities are becoming possible with creative minded creatures.
My thought!

 

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