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Author Topic: Recovering very old wallet - is it possible?  (Read 90 times)
mikalzet (OP)
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January 27, 2018, 08:01:16 PM
 #1

In the year 2012 I had a bitcoin wallet with bitcoinplus.com (now I see there's a new cryptocurrency called bitcoin plus, but in those days it was an online wallet and mining site)

So, I guess the secret key was on their site. However I do have the 12 word seed and the passphrase. Is there any possible way to recover this old wallet?
I couldn't restore it in electrum (I put the seed in but it doesn't accept it) but if I add the address and watch it I can see the balance (which is tiny, but still).

What can I try?
mikalzet (OP)
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January 27, 2018, 08:19:49 PM
 #2

I also have the bitcoin address, if that wasn't clear.
gentlemand
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January 27, 2018, 08:30:00 PM
 #3

Electrum has a unique algorithm with seeds that other wallet seeds won't work with.

However you can try your seed again in Electrum by ticking the BIP39 box in options when importing it. That's a compatibility that should work with seeds from elsewhere. 
I.Grozni
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January 27, 2018, 09:07:33 PM
 #4

In the year 2012 I had a bitcoin wallet with bitcoinplus.com (now I see there's a new cryptocurrency called bitcoin plus, but in those days it was an online wallet and mining site)

So, I guess the secret key was on their site. However I do have the 12 word seed and the passphrase. Is there any possible way to recover this old wallet?
I couldn't restore it in electrum (I put the seed in but it doesn't accept it) but if I add the address and watch it I can see the balance (which is tiny, but still).

What can I try?

You can try it with Coinomi multi coin HD wallet. It's a lightweight wallet for the Android platform. For download, use the link from the official site https://coinomi.com/ If you have any questions, please contact the Telegram channel https://t.co/GdhGN5QaP3
mikalzet (OP)
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January 27, 2018, 09:16:14 PM
 #5

Ok, I apparently managed to recover my wallet by importing the seed into Electrum with the BIP39 box, and the balance is 0 Btc.

However, if I create a "watch only" wallet and add my old address, I see the balance is 5mBtc.

Does this make sense? Is there any way to merge these two or something?
codewench
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January 28, 2018, 04:10:44 AM
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Ok, I apparently managed to recover my wallet by importing the seed into Electrum with the BIP39 box, and the balance is 0 Btc.

However, if I create a "watch only" wallet and add my old address, I see the balance is 5mBtc.

This means you didn't recover the wallet into Electrum. However, this does imply that the seed words were accepted, i.e. they are valid BIP39 words and they pass the checksum test.

I suspect that the "derivation path" is incorrect. Electrum should have used a path of m / 44' / 0' / 0' . (The apostrophes are important.) Try paths of m / 44' / 0' and m / 0' , and maybe even m .

FYI, in the default derivation, the m means master seed, the 44 means BIP44 standard, the first zero means Bitcoin (vs. altcoins), and the last zero means the first account from this seed. The apostrophes select a specific algorithm for this stage of the path. In use, Electrum will append / 0 / 0 and / 1 / 0 to the path. The first digit selects receive addresses (0) or change addresses (1). The last digit selects which address in the sequence. For example, the path of m / 44' / 0' / 1' / 1 / 6 gives the 7th change address of an alternate Bitcoin account.
mikalzet (OP)
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January 28, 2018, 08:33:58 AM
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Tried all the variations you suggested on m/44'/0'/0'  ... but no go.
Guess thats 5 mBtc lost forever.
Thanks in any case Smiley
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January 28, 2018, 12:17:25 PM
 #8

Tried all the variations you suggested on m/44'/0'/0'  ... but no go.
Guess thats 5 mBtc lost forever.
Don't give up yet! You can use https://iancoleman.io/bip39/ (download and use it offline!) to go though all the derivation paths until your address pops up.

mikalzet (OP)
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January 29, 2018, 10:20:12 AM
 #9

Thanks for the interesting tip! I tried a lot of different options, I also have a numerical passphrase to go with the seed so I tried with and without etc. but no joy.
But at least now I have a lot of practice in restoring wallets! Smiley
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