Uncovering the mystery of lost Bitcoins

[Power420]

Bitcoin prices are falling very fast because a lot of investors have invested heavily. Many have suffered huge losses from one bitcoin.And for some as a baby gets older, he or she will outgrow this. Although the price of Bitcoin is a little lower at present but the price of Bitcoin in the future Bitcoin prices are likely to rise.

[bayiajaib]

Bitcoin prices are falling very fast because a lot of investors have invested heavily. Many have suffered huge losses from one bitcoin.And for some as a baby gets older, he or she will outgrow this. Although the price of Bitcoin is a little lower at present but the price of Bitcoin in the future Bitcoin prices are likely to rise.

That's true bitcoin price will more valuable and more expensive at the coming future.
Current Bitcoin price is low , buy more and hold for several years again.

[DAMKAR]

Bitcoin prices are falling very fast because a lot of investors have invested heavily. Many have suffered huge losses from one bitcoin.And for some as a baby gets older, he or she will outgrow this. Although the price of Bitcoin is a little lower at present but the price of Bitcoin in the future Bitcoin prices are likely to rise.

That's true bitcoin price will more valuable and more expensive at the coming future.
Current Bitcoin price is low , buy more and hold for several years again.

Bitcoin is always good for investment.
No worries about it.
But Talking about bitcoin lost,  It's big problem for their owner .
So keep your wallet and private key.

[damsix]

Bitcoin has really become a very valuable asset because if we lose our private key, we will definitely lose the Bitcoin and that is really very hurtful and until whenever this system will feel very much needed.
You have to be careful for all of them because of course we will also lose a beautiful moment if we can keep the Bitcoin private key wisely because there are so many Bitcoins out there that can't get out because the owner has lost the private key.

[Vx1]

Bitcoin has really become a very valuable asset because if we lose our private key, we will definitely lose the Bitcoin and that is really very hurtful and until whenever this system will feel very much needed.
You have to be careful for all of them because of course we will also lose a beautiful moment if we can keep the Bitcoin private key wisely because there are so many Bitcoins out there that can't get out because the owner has lost the private key.

Losing the private key is catastrophic, because the Bitcoins we have will be lost.  But this will not be 100% possible to avoid, every time and every time there will be people who lose their Bitcoin private keys, especially those who are beginners.

[IyemRoker]

Lots of Bitcoin owners in the world have experienced the same thing, namely losing their private key which resulted in their money being lost and not even a few who feel disappointed with themselves because they have underestimated their Bitcoin private key.
I'm sure Bitcoin that loses its private key will continue to settle and can't run or can't be sold because it's certain that the private key has been lost to the earth. Ooooh Man!

[rizqillah]

Bitcoin has really become a very valuable asset because if we lose our private key, we will definitely lose the Bitcoin and that is really very hurtful and until whenever this system will feel very much needed.
You have to be careful for all of them because of course we will also lose a beautiful moment if we can keep the Bitcoin private key wisely because there are so many Bitcoins out there that can't get out because the owner has lost the private key.

Yeah, we should keep our private key and password If we didn't want lose our bitcoin wallet.
Bitcoin is good asset and will gain popularity day by day, this coins will be more valuable and very expensive at the coming years,
Maybe will touch 100K USD at the coming year, In my prediction will happen at 2024.
Always be careful.

[pelana vreo]

For storing Bitcoins, I used to use paper wallets, they are offline wallets to store assets long term, I don't think some people store large amounts of Bitcoins and they keep them in hot wallets, hopefully people who have lost access to Bitcoin wallets can find some a copy of the phrase or password they have saved.

[Freemind]

Losing the private key is catastrophic, because the Bitcoins we have will be lost.  But this will not be 100% possible to avoid, every time and every time there will be people who lose their Bitcoin private keys, especially those who are beginners.

I can understand that years ago, shortly after Bitcoin came out, losing private keys was a "normal" thing, no one was used to keeping something like that. But what I can't understand is that people still lose their private keys after all these years, with all the options available in software and hardware and with so much documentation available on the net. Learning how to backup private keys would be the first thing any investor should learn before buying their first coin/token.

[Doctor]

Losing the private key is catastrophic, because the Bitcoins we have will be lost.  But this will not be 100% possible to avoid, every time and every time there will be people who lose their Bitcoin private keys, especially those who are beginners.

I can understand that years ago, shortly after Bitcoin came out, losing private keys was a "normal" thing, no one was used to keeping something like that. But what I can't understand is that people still lose their private keys after all these years, with all the options available in software and hardware and with so much documentation available on the net. Learning how to backup private keys would be the first thing any investor should learn before buying their first coin/token.

Agree we should keep private key and software and hardware.
We also can keep our private key on our email.
I think It's  more safe than keep on hardware.
At the last year's ,we see several people lost their bitcoin because this problem, forget to keep the private key.

[dekafee79]

For storing Bitcoins, I used to use paper wallets, they are offline wallets to store assets long term, I don't think some people store large amounts of Bitcoins and they keep them in hot wallets, hopefully people who have lost access to Bitcoin wallets can find some a copy of the phrase or password they have saved.

Offline wallet is good for us.
But many people use online wallets to keep their bitcoin such as myetehrewallet.
MEW is safety and usable for bitcoin and altcoin transaction, especially for ERC20 platform.
But for now also usable for other platform.
Until now, I didn't know if there is the way to crack or recovery our private key.
I agree with you we should keep private key or copy on several way.

[Confero]

For storing Bitcoins, I used to use paper wallets, they are offline wallets to store assets long term, I don't think some people store large amounts of Bitcoins and they keep them in hot wallets, hopefully people who have lost access to Bitcoin wallets can find some a copy of the phrase or password they have saved.

That's what we have to do, save our Phrase wallet key so that one day we can easily access our wallet. But unfortunately there are still many who don't understand how important it is to store the private key so that when we need it they are confused or even really lose it. We really have to be extra careful with important issues like this.

[alltalk]

Losing the private key is catastrophic, because the Bitcoins we have will be lost.  But this will not be 100% possible to avoid, every time and every time there will be people who lose their Bitcoin private keys, especially those who are beginners.

You are right, mate. There will be no 100% safe ways to avoid losing Private Keys or Passwords. In some cases, people already prepare it very well and done prevent ways to avoid it. Sadly, something bad happens, ex: their laptops are broken or lost. So, the data on the laptop is gone forever. I know we need to put out data in several places, but not all people can do it. Even, my data is commonly stored on my laptop only without any backup.

[Freemind]

For storing Bitcoins, I used to use paper wallets, they are offline wallets to store assets long term, I don't think some people store large amounts of Bitcoins and they keep them in hot wallets, hopefully people who have lost access to Bitcoin wallets can find some a copy of the phrase or password they have saved.

You'd be surprised where people can store private keys. I know people who keep their private keys only on paper, in online spreadsheets, in E-mail. Then they lose those papers, forget E-mail passwords, can't remember the address on spreadsheets, a complete mess... It is not difficult to keep private keys safe, using high-density metal, several encrypted USB devices and making several copies is a good way to keep our private keys without problems. We just have to use our imagination and document ourselves.

[LUCKMCFLY]

I really like the way you say it, you're absolutely right, out there they say that what stays written on the page and on paper stays there, there's no better way than to save everything on paper just in case a digital failure arises and everything gets lost, Sometimes the mystery of the lost BTC is an enigma for many, I know that this helps a lot to the general economy of BTC, because it makes it more deflationary, which is the total enemy of the traditional economy that is inflationary, the more btc is lose I think their value is magnified much more.