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Author Topic: How I waste bitcoin  (Read 448 times)
ultrloa
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July 13, 2023, 10:05:41 PM
 #41

Early 2011 most friends of mine are into cryptosystem and I barely know what it is about, I only hear the name bitcoin and one day a friend of mine said, I should provide N100k to buy bitcoin and I was like what if my money lost and he gave me assurance; no lost as long your wallet is intact and after much pressure I gave him the money, open a wallet for me and hand over everything but I was care free not minding that's a great investment then, one day I lost my device and that's how I lost the seed phase and the wallet. Am imagining if I could have recover my wallet today, I will be a big boy with fat wallet. Do you think another person have access to it?

This is part of learning process and it can be corrected by now since we learn a lot from the experiences we encounter from the pass and make sure that you grow a lot from those incident. Who knows? Maybe the guy you trusted with still have your keys so maybe try to check on blockchain explorer if your balance still in your wallet since when you check it and balance is gone then you already know who is the possible person who take it. Try to remember if you also save your keys on other area like offline since its really a big waste if your balance has totally gone and you can't recover your funds.

R


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lixer
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July 15, 2023, 10:11:01 AM
 #42

Early 2011 most friends of mine are into cryptosystem and I barely know what it is about, I only hear the name bitcoin and one day a friend of mine said, I should provide N100k to buy bitcoin and I was like what if my money lost and he gave me assurance; no lost as long your wallet is intact and after much pressure I gave him the money, open a wallet for me and hand over everything but I was care free not minding that's a great investment then, one day I lost my device and that's how I lost the seed phase and the wallet. Am imagining if I could have recover my wallet today, I will be a big boy with fat wallet. Do you think another person have access to it?
Though the story mostly looks like a made-up story like a lot of people already said, I would say that one can literally not be carefree after investing an amount that makes a difference in their life, and back in 2011, the value of money was way higher than it is right now, so you are pretending like you were either too rich at that time or you didn't really invest that much money in Bitcoin and then didn't make backups of your wallet, seed phrase, and private keys.

There is definitely no chance for you to recover your wallet if you don't have anything that takes you back to your wallet, you don't even have the public address, I assume, if you had really bought Bitcoins, they are now lost and there is no one who has access to them as they are encrypted.
satscraper
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July 15, 2023, 11:21:52 AM
Last edit: July 15, 2023, 11:32:22 AM by satscraper
 #43

OP's story is unbelievable for me. He/she told us that lost SEED phrase for the wallet created in early 2011 but, AFAIK, the concept of SEED was adopted by wallets far more later, after BIP39 standard has appeared. So, either OP misleads  us or he/she mixes SEED phrase with something else, with password for instance.

Anyway, I'm bind to ask if there was any less well-known wallet that might have implemented SEED phrase feature in 2011?

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Manu0004
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July 15, 2023, 11:30:33 AM
 #44

Life itself is a test you don't have to lose hope of losing your Bitcoin because it happens to many investors and they didn't give up if not they won't be where they are today we lost we go again we keep it up that who is called an investor so don't worry keep it up and don't get discouraged and about the wallet you can't retrieve it unless you have the phone and it hasn't been deleted you might then recover it
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July 15, 2023, 11:53:05 AM
 #45

Almost maximum investors have faced this problem.  That's almost everyone's history when it comes to learning about Bitcoin. When someone tells us about Bitcoin and when we are interested in Bitcoin we try to do everything through him. Like how to make a wallet, how to deposit the token of the exchanger and how to buy-sell everything.This happens to many investors in the first time and people have to correct their mistakes. Therefore, when using Bitcoin, wallets should be kept secure and wallet seeds should not be shared with anyone.
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