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Local => Nigeria (Naija) => Topic started by: Forever101 on March 09, 2024, 09:20:55 PM



Title: Just imagine this thing.
Post by: Forever101 on March 09, 2024, 09:20:55 PM
Wetin go happen now, if person lost all access to him wallet. Imagine say, due to flood, crisis, fire, theft , person lost in wallet phrase, phone, laptop, drive or books or whatever related to your wallet recovery and safety.

For many area for the world , e get places wey dey always experience extreme weather condition such as heavy rain and flood, fire outbreaks, tornado, war and other situation.
If person lost all access wetin e go do. Make I ask you, wetin you go do for such situation.


Title: Re: Just imagine this thing.
Post by: DaNNy001 on March 09, 2024, 09:49:26 PM
Wetin go happen now, if person lost all access to him wallet. Imagine say, due to flood, crisis, fire, theft , person lost in wallet phrase, phone, laptop, drive or books or whatever related to your wallet recovery and safety.

For many area for the world , e get places wey dey always experience extreme weather condition such as heavy rain and flood, fire outbreaks, tornado, war and other situation.
If person lost all access wetin e go do. Make I ask you, wetin you go do for such situation.
As a bitcoiner wey you be watin you dey do for think kind of place? 😂
As I just dey read this post laug won finish me, Oga just pack your load run because if you mistakenly loss your recovery seed phrase there is nothing you can do to recover your Bitcoin again.
But wait oo, this kind of place wey you dey stay really dey for this Nigeria? Abi you just from somewhere way dey hidden for this country, even if say the hardship of this country done too much those kind of things way you mention no go fit happen, just like the tornado you mention, fire outbreaks fit happen and flood sef fit also come but that one supposed to make you know say you go keep your recovery seed phrase for hidden place wey dey very far from were all those things wey you mention  dey happen.


Title: Re: Just imagine this thing.
Post by: Gozie51 on March 09, 2024, 09:59:34 PM
This your question wey you dey ask now e get as e be. For your first paragraph and last one na say, if person lose him wallet and probably can't recover it. This na base on individual and na question wey straight, asking wetin you go do if you no see your coins again.

Bros, you sabi say no be everybody get mind to do certain things but I believe say some people go commit suicide depending on how much dey inside. Omo imagine say bull round complete finish you con dey cash out $200 million then that kind thing con happen and you can't find access to your wallet again.

I still know say some go leave for God. So I different ways but me I never know wetin I fit even do self  ;D

But make you know follow people wey go dey regret. Make you keep your keys wey. Not your keys not your coin oo


Title: Re: Just imagine this thing.
Post by: sokani on March 09, 2024, 10:04:15 PM
When you dey backup your seed phrase, e dey advisable to make multiple backups and to keep am for different locations. By multiple backups, I no mean say both of them go dey the same building, if possible store am for different states. So if you lost your device or one location of your seed phrase to fire outbreak, flood, tornado, tsunami etc, the other one go dey safe. Also, if you get money you fit use metallic steel plate to engrave your seed phrase so that fire, earthquake etc. no go fit do am anything.


Title: Re: Just imagine this thing.
Post by: Amphenomenon on March 09, 2024, 10:11:48 PM
Wetin go happen now, if person lost all access to him wallet. Imagine say, due to flood, crisis, fire, theft , person lost in wallet phrase, phone, laptop, drive or books or whatever related to your wallet recovery and safety.
I hope you know storing your seed/wallet phrase on your phone, laptop or drive like Google drives are not good practice since there is a high chance for your seed phrase to fall into the hands of hackers and storing offline is the best practice.

Quote
For many area for the world , e get places wey dey always experience extreme weather condition such as heavy rain and flood, fire outbreaks, tornado, war and other situation.
If person lost all access wetin e go do. Make I ask you, wetin you go do for such situation.
Environmental factors relating to this is something that should be considered when keeping your seed phrase offline and there is an solution to this which is getting a waterproof and fireproof safe with this your seed phrase is protected if your house is flooded or on fire.

While in protecting your seed phrase against physical theft, is just for to keep it a secure known by you and be cautious of you speak about it location to since theft operate with information


Title: Re: Just imagine this thing.
Post by: Churchillvv on March 09, 2024, 10:40:00 PM
There is a solution to such situations

There is something called crypto steel[1] it was invented as a result of this kind of situation, this crypto steel can survive all kind of attack mentioned above, it's used to enter ever word of your wallet phrases, and it has different methods or modes.

If you're in a situation that you required such tool for backup, you can go service board I guess there is someone sell it there.

[1] https://cryptosteel.com/


Title: Re: Just imagine this thing.
Post by: Uhwuchukwu53 on March 09, 2024, 10:58:02 PM
Just as it's speculation and imagary, there is no environment one live in that there is not weather focast that will make you understand the nature of the area where flood, fire outbreak all sort due occur you must find alternative example if you stay where fire always breakout you can build non combustible material and lock all your details.

Another major is that you don't need keep your details in one location.


Title: Re: Just imagine this thing.
Post by: Forever101 on March 10, 2024, 12:32:10 AM
There is a solution to such situations

There is something called crypto steel[1] it was invented as a result of this kind of situation, this crypto steel can survive all kind of attack mentioned above, it's used to enter ever word of your wallet phrases, and it has different methods or modes.

If you're in a situation that you required such tool for backup, you can go service board I guess there is someone sell it there.

[1] https://cryptosteel.com/

This patual wey you Yan so get plenty sense. But make I ask you, shae you dey use am?
Another question be say, I fit get that stuff for we country here. E better make we do the needful make person no where inh dey go, make we no come be like the man wey wan sue community people bcos of ihn drive wey him throw way. 


Title: Re: Just imagine this thing.
Post by: Churchillvv on March 10, 2024, 01:06:46 AM
There is a solution to such situations

There is something called crypto steel[1] it was invented as a result of this kind of situation, this crypto steel can survive all kind of attack mentioned above, it's used to enter ever word of your wallet phrases, and it has different methods or modes.

If you're in a situation that you required such tool for backup, you can go service board I guess there is someone sell it there.

[1] https://cryptosteel.com/

This patual wey you Yan so get plenty sense. But make I ask you, shae you dey use am?
Another question be say, I fit get that stuff for we country here. E better make we do the needful make person no where inh dey go, make we no come be like the man wey wan sue community people bcos of ihn drive wey him throw way. 
The truth is i don't have enough bitcoin yet in my portfolio that is worth saving with such material, but i will perhaps reach a level.

We are now in a global village where i can buy something very important to me from another country and it will get to me if I'm prepared to get it, GiG works in somany country so if eventually i got it from someone from the forum in another country where GiG operates then it can be shipped to me here in our country, nothing is impossible but to be honest, we are not yet in such state of requiring a crypto steel.


Title: Re: Just imagine this thing.
Post by: Pi-network314159 on March 10, 2024, 01:37:04 AM
Wetin go happen now, if person lost all access to him wallet. Imagine say, due to flood, crisis, fire, theft , person lost in wallet phrase, phone, laptop, drive or books or whatever related to your wallet recovery and safety.
E no just dey possible say make flood or natural disaster take you unaware. Because for this country before flood dey come, dem dey announce am make people dey awear say flood dey come. If person get important document the person go move am fast before flood go reach where em dey. So except say the flood na Tsunami or natural disaster like earthquake wey dey come unaware wey even no dey happen for 9ja self, but apart' from these things I mentioned any other one na minor disaster wey we dey expirence. So the chances of losing access to your see phrase and files depends on you.


Title: Re: Just imagine this thing.
Post by: Sexylizzy2813 on March 10, 2024, 05:16:55 AM
Wetin go happen now, if person lost all access to him wallet. Imagine say, due to flood, crisis, fire, theft , person lost in wallet phrase, phone, laptop, drive or books or whatever related to your wallet recovery and safety.

For many area for the world , e get places wey dey always experience extreme weather condition such as heavy rain and flood, fire outbreaks, tornado, war and other situation.
If person lost all access wetin e go do. Make I ask you, wetin you go do for such situation.

My broda this one strong oh, how person wan take survive all these things you mention nah? Before you even say this na the kind of thing you wan engage in you suppose think of the disadvantages or ma say the safety of you as a person. If nah flood place you dy how you go dy manage carry your stuff and definitely you must save person wey you fit help.
Make we no even go far, nah to try to avoid all these places becos no way to take stay as Rambo, just relocate becos one day e fit reach your side and you fit even lose everything including life, God forbid. Unless you wan use becos of seed phrase, laptop and the rest take lose your life.


Title: Re: Just imagine this thing.
Post by: Y3shot on March 10, 2024, 05:54:18 AM
If rhevwallet seedphrase lose and their is no way to have access to the wallet I think it will be a painful and regrettable experience expecially when their is good amount of worth of bitcoin.  Nobody will lose his/her bitcoin and feel okay about it or just forget about it. But op I don't know why you choose to have an imagination like this, with this imagination their is nothing can be done about the bitcoin.


Title: Re: Just imagine this thing.
Post by: odunybiz on March 10, 2024, 09:43:56 AM
Wetin go happen now, if person lost all access to him wallet. Imagine say, due to flood, crisis, fire, theft , person lost in wallet phrase, phone, laptop, drive or books or whatever related to your wallet recovery and safety.

For many area for the world , e get places wey dey always experience extreme weather condition such as heavy rain and flood, fire outbreaks, tornado, war and other situation.
If person lost all access wetin e go do. Make I ask you, wetin you go do for such situation.

This made crypto savings different from bank saving.. Immediately you lost your seed phrase, then you lost all the savings in the wallet. That is why you should always try to save it in a mail you know off hand. This protect your savings as you can't easily forget it unless such person has an issue relating to loss of memory.


Title: Re: Just imagine this thing.
Post by: Obim34 on March 10, 2024, 10:40:58 AM
It depends on where you saved your phrases, some people do  copy it on a book or save in their phones but I think it's not efficient for maximum safety. Personally I would prefer saving it in one of my personal gmail not disclosed and always logged of from any gadget, to avoid compromising from any sources.


Title: Re: Just imagine this thing.
Post by: EluguHcman on March 10, 2024, 04:33:23 PM
This is an interesting question but many would trash it believing it is impossible for such to happen.
Anyways @ OP, in such situation like this there is just nothing you can do.
There is no sympathy alternative retrieval for you but if you have your password of hand yes you can still have access to your wallet using another device even though you don't have your seed phrase keys.

In life what has an advantage so surely have a disadvantage and what also has all series of advantages also have disadvantages.
Now here comes about the advantage of storing your seed phrases in an online storage best other times we have mostly been talking about how risky it could be in storing our secrecies onlines due to the fact that we can be hacked and account where our secrecies are stored could be compromised and then we could either share our privacies or loosing access to it at all such as your mail boxes storage system.

So if you could have access to your email account you can as much retrieve your wallet after all the crisis or disasters.


Title: Re: Just imagine this thing.
Post by: Stable090 on March 10, 2024, 05:42:38 PM
Wetin go happen now, if person lost all access to him wallet. Imagine say, due to flood, crisis, fire, theft , person lost in wallet phrase, phone, laptop, drive or books or whatever related to your wallet recovery and safety.
If you lose access to your wallet, then everything is gone, there is no way you can access the wallet again. Things wey u mention above fit happen at any time time, na why when we dey back up your private key, make sure say u no put am for only one place, because if anything do that only one wey u get, then you don lose access to your coin be that.

And also make sure say you no back up your private key for paper, because e fit tear any time, and if water touch am e fit spoil, but if you dey use iron steel, just carve ur private key for am, make u hide am for different places, that one can’t be easily destroyed.


Title: Re: Just imagine this thing.
Post by: Su-asa on March 10, 2024, 06:43:52 PM
Oga you no go fit recover your bitcoin if you no get your seed phrase, this kind of matter you suppose to take an very serious, or unless say you no get 1 naira for inside your wallet.
As you know say you dey stay for place/environment wey no dey secure, all your plans na to find way to write down your seed phrase in different places incase one lose or get burnt you go fit still get access to am because you am separate.


Title: Re: Just imagine this thing.
Post by: Makus on March 11, 2024, 05:04:17 AM
Wetin go happen now, if person lost all access to him wallet. Imagine say, due to flood, crisis, fire, theft , person lost in wallet phrase, phone, laptop, drive or books or whatever related to your wallet recovery and safety.

For many area for the world , e get places wey dey always experience extreme weather condition such as heavy rain and flood, fire outbreaks, tornado, war and other situation.
If person lost all access wetin e go do. Make I ask you, wetin you go do for such situation.
As a bitcoiner wey you be watin you dey do for think kind of place? 😂
As I just dey read this post laug won finish me, Oga just pack your load run because if you mistakenly loss your recovery seed phrase there is nothing you can do to recover your Bitcoin again.
But wait oo, this kind of place wey you dey stay really dey for this Nigeria? Abi you just from somewhere way dey hidden for this country, even if say the hardship of this country done too much those kind of things way you mention no go fit happen, just like the tornado you mention, fire outbreaks fit happen and flood sef fit also come but that one supposed to make you know say you go keep your recovery seed phrase for hidden place wey dey very far from were all those things wey you mention  dey happen.

Lol ;D baba na the best advise na you give am so. Op just pack your load and run from such place, or if na there you dey work, you fit just keep your family outside that environment make you for give them your seed phrase and then you fit dey risk am dey work, infact sef the best option na to just quit work make you and your family comot for that kind place because, na who dey alive naim dey hold Bitcoin oo, though risk na wattin many of us dey take to make this money. See some person go work for offshore, place wey besay if you just develop any rapid  dangerous sickness maybe due to allergy, you fit die before them go rush you come land for proper treatment. Yet people still dey go work, and if you by mistake fall for water wey shark dey, that na otilor. But at least make your seed phrase no dey with you. Because if you lost your seed phrase nothing on earth fit break that law say your seed phrase don go and your wallet and your money is gone.


Title: Re: Just imagine this thing.
Post by: Dailyscript on March 11, 2024, 09:39:35 AM
Obviously, there is nothing you can do that will bring back what has been lost, but don't forget that there is a tradition of saving your private keys and securities for your assets. There is a digital way, which is the online hardware wallet. I believe it is a secret safe  box that is built online incase you lost your other private keys or secret phrase.


Title: Re: Just imagine this thing.
Post by: Marvelockg on March 11, 2024, 10:13:37 AM
Wetin go happen now, if person lost all access to him wallet. Imagine say, due to flood, crisis, fire, theft , person lost in wallet phrase, phone, laptop, drive or books or whatever related to your wallet recovery and safety.

For many area for the world , e get places wey dey always experience extreme weather condition such as heavy rain and flood, fire outbreaks, tornado, war and other situation.
If person lost all access wetin e go do. Make I ask you, wetin you go do for such situation.
is it a big deal? When dealing with what you don't have control over, you just have to face whatever reality it leaves with you at the moment and move on.

There had been suggestions that it's best to save your seed phrase in multiple locations so if for a reason like what you've pointed out happens you can get it back from an alternative source and I feel that will help a lot.


Title: Re: Just imagine this thing.
Post by: Justbillywitt on March 11, 2024, 10:53:57 AM
When storing your wallet recovery phrase, it is advisable not to store it only in one place. You can have multiple places where you can write it down and hide it. You can store it in up to 5 different places and there is no way you can lost all of it at once. Like me what I did was to write my own down in my diary and I use to read it like a book every morning and night, two months later I realized that I have memorized the recovery phrases and I can write them down in the order it is when given pen and paper. This is another option I have and there is no way I can lose that one too. Apart from that I have my phrase well stored in multiple places where only me can access it.


Title: Re: Just imagine this thing.
Post by: Claudeake on March 12, 2024, 04:52:13 AM
Wetin I fit talk for this matter be say make every person wey get seed phrase find better money wey e go make one fine engraving wey go Carry d no's of the seed phrase.
Wen e Don do dis one finish, make e burying yam for ground we no body go see yam. Dis one, even fire sef , flood sef e go do am anything.


Title: Re: Just imagine this thing.
Post by: Su-asa on March 12, 2024, 05:37:25 AM
Wetin I fit talk for this matter be say make every person wey get seed phrase find better money wey e go make one fine engraving wey go Carry d no's of the seed phrase.
Wen e Don do dis one finish, make e burying yam for ground we no body go see yam. Dis one, even fire sef , flood sef e go do am anything.
I laughed in Swahili >:( how this one take be solution to a the question (maybe you didn't read through the ops thread). OP mentioned a volcano any you still say the solution should be to buy yam and burry it on the ground, now burry the yam for what reason? If fired can melt an iron what is just a yam or what ever? The expected you to advise the OP to rin from the environment he stays because ones you don't have life your wealth is useless to you, it is only your families that will enjoy it, so if you want to enjoy what you have struggled for it better to be in an environment were is safe.


Title: Re: Just imagine this thing.
Post by: AVE5 on March 12, 2024, 09:48:13 AM
When you dey backup your seed phrase, e dey advisable to make multiple backups and to keep am for different locations. By multiple backups, I no mean say both of them go dey the same building, if possible store am for different states. So if you lost your device or one location of your seed phrase to fire outbreak, flood, tornado, tsunami etc, the other one go dey safe. Also, if you get money you fit use metallic steel plate to engrave your seed phrase so that fire, earthquake etc. no go fit do am anything.

You've said all the necessary accordingly @sokani but can we also the other way consider if we also stores our seed phrase online as alternative after some hardwares storage unit, it could also help us recover those phrases in as much we could have access to our daily Internet accounts. I believe we usually memorizes our social internet accounts that we could get access to it whenever we wanted maybe on the facts that the passwords are very brief to capture.
If not for the risk that we could be hacked and get lost of our social accounts accesses these would had been a best option for a scenero like this because the above being mentioned can also be victimized if those disasters can take place.
The reality truth is that in some cases when we misses to do the right thing, then there's just nothing we can do and no remedy to wake the dead after death.
I just hope this only ends as imaginations like this because it would be traumatic, suicidal or some kind of negativity if it happens.
Yet, there's every Possibilities that it could happen so let's just take that note and apply more conciousness to our holding security demands.


Title: Re: Just imagine this thing.
Post by: odunybiz on March 18, 2024, 11:16:46 PM
Wetin go happen now, if person lost all access to him wallet. Imagine say, due to flood, crisis, fire, theft , person lost in wallet phrase, phone, laptop, drive or books or whatever related to your wallet recovery and safety.

For many area for the world , e get places wey dey always experience extreme weather condition such as heavy rain and flood, fire outbreaks, tornado, war and other situation.
If person lost all access wetin e go do. Make I ask you, wetin you go do for such situation.

This made crypto savings different from bank saving.. Immediately you lost your seed phrase, then you lost all the savings in the wallet. That is why you should always try to save it in a mail you know off hand. This protect your savings as you can't easily forget it unless such person has an issue relating to loss of memory.


Title: Re: Just imagine this thing.
Post by: babagem1 on March 19, 2024, 02:11:39 AM
Baba you funny how you go get money for wallet and you no go get better place wey you go save your money, everything suppose Dey secured well it depends on how much you get and how serious you take am, Omo if you really get money for wallet even though say flood carry everything you no suppose lost your money for wallet, you get email Abi? Why you no save your phrase for email or iCloud, because you get your email and password and you can log in from anywhere the same thing as iCloud, Omo waiting owner think about am, saying some of your information for email is the best for me and you can get it back anytime


Title: Re: Just imagine this thing.
Post by: Makus on March 19, 2024, 05:04:59 AM

This made crypto savings different from bank saving.. Immediately you lost your seed phrase, then you lost all the savings in the wallet. That is why you should always try to save it in a mail you know off hand. This protect your savings as you can't easily forget it unless such person has an issue relating to loss of memory.

Bro in as much as say if your seed phrase and you no get access to you device e don go, and you no go fit recover your money back, e no dey advisable to save our seed phrase for mail. If you read how to secure your seed phrase, you go see say, that method of storage na very dangerous one , and if hacker paraventure enter your mail, e mean say, all your money don go. Because them no go leave even small unit for you ;D. If you wan save very large amount of asset, it is recommended that you buy a hardware wallet, but if you just like to save small asset for the main time, then use a non-custodial wallet, either mobile or desktop version.


Title: Re: Just imagine this thing.
Post by: Hewlet on March 19, 2024, 06:29:08 AM
Wetin go happen now, if person lost all access to him wallet. Imagine say, due to flood, crisis, fire, theft , person lost in wallet phrase, phone, laptop, drive or books or whatever related to your wallet recovery and safety.

For many area for the world , e get places wey dey always experience extreme weather condition such as heavy rain and flood, fire outbreaks, tornado, war and other situation.
If person lost all access wetin e go do. Make I ask you, wetin you go do for such situation.
as you de save your wallet for locations when you think say de safe, try crame am small for head, e get y.

When most of us been de school, we crame plenty things for head and some of them still de our head till today and now when e don reach time to crime wetin relate to our money e come be like say our head don block finish. I been read say the most unsafe place to store your seed phrase na to save am for your head because say you fit forget am but me don use my own create song when I no go fit forget no matter what. Some of us can literally sing A for apple, B for ball, C for cup and so on even though it's been long we learnt it and it's now part of us.

But let's imagin the worst case scenario that you've lost access to your phrase when means you can't access your fund, wetin you fit do na, e no get as e wan take be na, wetin don be done be and na to just face front comot body.