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Author Topic: swindled by bitamp of my funds  (Read 238 times)
Z-tight
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March 31, 2024, 09:28:40 AM
 #21

Is it possible to extend your seed phrase with a passphrase with this wallet? Did you do anything like that?
a seed is used to login and that's it, if by extension you mean additional word added to the seed then I wouldn't have been able to login
Take note that i have never used this wallet before, but if you extend your seed phrase with a passphrase, you will be able to access your base wallet with only the seed phrase, but to recover the wallet that holds your funds, you'll need seed phrase + passphrase. This is why a passphrase is great for plausible deniability in cases of a $5 wrench attack, as you can use the base wallet to deceive the attacker.

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DanWalker
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March 31, 2024, 09:55:40 AM
 #22

Until we get more information about your case, we cannot say that Bitamp wallet is a scam! They have a long history in the industry and their code is verifiable since the wallet is open source. Since you say that you don't see your transactions when you log into your wallet, it suggests that the error might actually be on your end. Are you sure you are accessing the right wallet?

We can't jump to the conclusion that Bitamp wallet is a scam and took OP's bitcoins, and what I find strange is some people are asking OP to provide the wallet address so people can check. But so far he has ignored such questions and just continues to answer people's other questions. I'm also leaning towards the case that this is the OP's fault, not the Bitamp wallet.

OP, can you provide the community with some necessary information so that some people here can find out the reason for losing your bitcoins? You can't come here and say that Bitamp wallet stole your bitcoins without any proof.

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bitcoin talk (OP)
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April 02, 2024, 04:57:54 AM
Last edit: April 02, 2024, 05:21:58 AM by bitcoin talk
 #23

We can't jump to the conclusion that Bitamp wallet is a scam and took OP's bitcoins, and what I find strange is some people are asking OP to provide the wallet address so people can check. But so far he has ignored such questions and just continues to answer people's other questions. I'm also leaning towards the case that this is the OP's fault, not the Bitamp wallet.

OP, can you provide the community with some necessary information so that some people here can find out the reason for losing your bitcoins? You can't come here and say that Bitamp wallet stole your bitcoins without any proof.
Victim blaming seems prevalent in society nowadays. I want to maintain my privacy which is why I haven't posted the details.
I looked up the address that I received money into and it appears to exit on the blockchain but on bitamp transaction history it remains blank.
If money were to be sent from my bitamp account would it gone via Send only thru the address that I received the money into? i.e. in and out same way? I clicked send but I don't see a send address? I do see plenty of receiving address all with zero balance. I am definitely in the right bitamp account.

How would I go about importing this into electrum or exodus?

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April 02, 2024, 08:42:18 AM
 #24

I am definitely in the right bitamp account.
I will repeat my question:
1.When was the last time you saw your balance with the correct amount on Bitamp?
2.What wallet was your bitcoins sent from, exchange wallet or what?
3.(This was suggested many times by the others above) Have you checked your bitamp address in a explorer like blockchair.com? What's the result?


Quote
How would I go about importing this into electrum or exodus?
Get the privkey in bitamp, and apply these steps in electrum https://bitcointalk.org/index.php?topic=5096376.0

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April 06, 2024, 11:00:34 PM
 #25

2.What wallet was your bitcoins sent from, exchange wallet or what?
It wasn't sent thru an exchange like coinbase etc,



3.(This was suggested many times by the others above) Have you checked your bitamp address in a explorer like blockchair.com? What's the result?
I did. The result was I only saw the incoming amount to that address. Nothing exiting it.




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June 03, 2024, 03:34:24 AM
 #26

my bitamp account seems to show my balance correctly now. Not sure why it was didn't before when I checked numerous times intermittently.
bitamp is a legit site, I have not been swindled by bitamp as I can see my balance

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June 03, 2024, 03:37:45 AM
 #27

Take note that i have never used this wallet before, but if you extend your seed phrase with a passphrase, you will be able to access your base wallet with only the seed phrase, but to recover the wallet that holds your funds, you'll need seed phrase + passphrase. This is why a passphrase is great for plausible deniability in cases of a $5 wrench attack, as you can use the base wallet to deceive the attacker.
To login to your account at bitamp you just need a seed phrase, which I have but how would one get a passphrase from bitamp as well?

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June 04, 2024, 10:24:08 PM
 #28

To login to your account at bitamp you just need a seed phrase, which I have but how would one get a passphrase from bitamp as well?

AFAIK, there is no such option in bitamp, hence you'd have to use another wallet if you want a passphrase feature e.g. electrum. Not to mention, there are much better wallets out there even mainly for convenience use aka non-main wallet.

In any case, glad the issue has been solved.

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