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Author Topic: Bitcoin owner passed away  (Read 1325 times)
Scorpian
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December 30, 2015, 01:52:24 AM
 #21

Your coins are likely to be lost forever if you dont have the private key...
notlist3d
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December 30, 2015, 03:06:46 AM
 #22

Some people laugh but safety deposit box store paper wallet or seeds honestly makes a lot of sense.   You get a bank level security protected from the element's.   

And if something bad happens like someone passing away it is in something a family member should get in will.  I'm sad to hear about OP best chance is finding the place where the person stored the paper wallet, or seeds since sounds like not safety deposit box.  Hopefully you know the person good enough to know hiding spots.
CardedIT
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December 30, 2015, 04:46:54 AM
 #23

More coins lost = better BTC price in future.
Amph
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December 30, 2015, 08:39:34 AM
 #24

More coins lost = better BTC price in future.

this statement it's true until a certain limit, because otherwise, everyone of us should have destroyed almost all his coin to ensure that the price will increase again

i say that holding is better than destroying, in both case they are not available to the market, but with holding you can "retrieve them" at some point
gkv9
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December 30, 2015, 08:50:48 AM
 #25

More coins lost = better BTC price in future.

This is probably not a joke we are kidding upon...
It's actually a flaw if someone passes away and the coins are irrecoverable...
The person should have stored them in paper wallets and should have locked them somewhere in the home itself, so that the family might have got that much advantage in gaining possession to those coins (if there was not password)...

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