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Author Topic: What Happens if I lose my Bitcoins?  (Read 4857 times)
dunfida
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October 17, 2016, 03:13:37 PM
 #121

If the OP meant the losing of the identifier or the password, then due to the advancement in several wallets it can be retained, but if he meant about the loss happening due to transfer to the wrong bitcoin address then nothing is possible. Only possibility is that receiver needs a Kind heart to return which doesn't belong to him.

If we are talking  money here, if you accidentaly  pass or  transfer  bitcoin to a random wallet for sure  say goodbye to  your  money  because  the chance  of  recieving  it back is   zero  unless if the  owner would  give it back which is  a really rare person to have  nowadays.

Anna.Tsolidoy
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October 17, 2016, 03:47:32 PM
 #122

the lost bitcoins are lost forever, and this give more power(price )for the rest remaining

Zadicar
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October 18, 2016, 04:24:14 AM
 #123

it was a nightmare. I never imagined I could lose bitcoin I have. get bitcoin requires struggle and sacrifice of time.
when I lost bitcoin then I will live and sleep all day.
I understand you hence we  are feeling the same thing too. Earning  bitcoin would  really require  stugglle, time and effort and  suddenly   those  bitcoin  would  be lost then  for sure you  would really have a hard time to cope up especially if those  bitcoins  are on huge amounts and you save it  for a  long time.

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October 18, 2016, 05:37:13 AM
 #124

the lost bitcoins are lost forever, and this give more power(price )for the rest remaining

if you send into wrong address then you can not get your bitcoins back. and it will be lost forever and you can not do anything when its happen to you. so be careful when you want to send.



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Oilacris
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October 18, 2016, 06:26:36 AM
 #125

the lost bitcoins are lost forever, and this give more power(price )for the rest remaining

if you send into wrong address then you can not get your bitcoins back. and it will be lost forever and you can not do anything when its happen to you. so be careful when you want to send.

You wont really get  those bitcoins  if you accidentaly sent  it to a  random address because  the owner of that wallet would  be grateful that  theres a blessing comes  to his wallet. lol.  They wont  mind  to give it back or send  it back to  the  owner because  thats already a money and  its precious for us  and dont tend  to give it back.

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October 18, 2016, 08:27:58 AM
 #126

If the private keys lose, then there is no way to recover your coins.so u shuold put the private key in a secure place including having a hard copy of it.
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October 18, 2016, 12:36:23 PM
 #127

hi , so this is my question , but i thing we can not do anything ?.
Once you lose bitcoin and then you didn't know what really happen it's just automatically sent into another bitcoin address you can't really do nothing just to see your bitcoin sending or waiting for confirmation to confirmed even you reported that into your bitcoin wallet support they are going to say that your bitcoin sent to another bitcoin address.
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October 18, 2016, 01:46:53 PM
 #128

If the private keys lose, then there is no way to recover your coins.so u shuold put the private key in a secure place including having a hard copy of it.

Yes you should have a backup for your private keys and also of your wallet.dat file if you have a desktop wallet. You can save this file in your USB stick or burn in cd/dvd media. If it is stored in online exchanges, then do not lose your password.

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hubballi
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October 18, 2016, 02:00:14 PM
 #129

If the private keys lose, then there is no way to recover your coins.so u shuold put the private key in a secure place including having a hard copy of it.

Yes you should have a backup for your private keys and also of your wallet.dat file if you have a desktop wallet. You can save this file in your USB stick or burn in cd/dvd media. If it is stored in online exchanges, then do not lose your password.

What you said about desktop wallet saving wallet.dat file and the seed key which is the main key through which you can reinstall the desktop wallet and rebuild your old wallet and you will get back your bitcoins, but in online exchanges even if you are having password but if the online wallet site goes scam then you can do nothing as you are not holding the private keys of your online wallet through which you can recover it.

so it is not recommend to keep your bitcoins in online wallet.

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October 18, 2016, 03:07:21 PM
 #130

You should update the op and give more description on what you want to ask,you can loose bitcoins in many ways.Gambling or investing in ponzi sites or may be sending to wrong address by mistake.But if you loose by any of those methods you cannot get your coins back by any way,so it would be better that you should carefully use your bitcoins.
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October 18, 2016, 06:50:52 PM
 #131

if you lost your bitcoin you cannot do any thing because it you cannot even claim your bitcoins in police station.
utkarshm
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October 18, 2016, 06:54:55 PM
 #132

if you lost your bitcoin you cannot do any thing because it you cannot even claim your bitcoins in police station.
Unfortunately,right and thats the only drawback using a virtual currency as every thing about it is online,you cannot complain about it anywhere,even if you send bitcoin to some one else by mistake,but due to anonymous transactions,you cannot know who is owner of that address.So you cannot recover back your lost bitcoins.
lucki777
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October 18, 2016, 07:21:32 PM
 #133

if you lost your bitcoin you cannot do any thing because it you cannot even claim your bitcoins in police station.
Unfortunately,right and thats the only drawback using a virtual currency as every thing about it is online,you cannot complain about it anywhere,even if you send bitcoin to some one else by mistake,but due to anonymous transactions,you cannot know who is owner of that address.So you cannot recover back your lost bitcoins.
yes being anonymous characteristic you even do not know that who is really own the wallet who has stolen your bitcoins.
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