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Author Topic: What happens to your Bitcoin when you Die?  (Read 5080 times)
odranoel
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December 01, 2017, 01:01:55 PM
 #61

Thank you friend for these thread it never comes out in my mind if ever bitcoin users are die, i must give or teach my wife nor my daughter of bitcoin especially the key and passwords, because we dont know what will happen to us

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superloy
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December 01, 2017, 01:05:25 PM
 #62

Thank you friend for these thread it never comes out in my mind if ever bitcoin users are die, i must give or teach my wife nor my daughter of bitcoin especially the key and passwords, because we dont know what will happen to us

Actually, we don't have to teach them exactly what we're doing now regarding with anything in Bitcoin but all we have to do is give them the keys, write it or print it and place it into secure that nobody outside your family can access.
If we die, then they'll find it and they can enjoy our Bitcoin and Altcoin accounts and wallets.
And our efforts will be not in vein.

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December 01, 2017, 01:08:27 PM
 #63

I have family members who would be able to access my coins if  I die.Bitcoin is a valuable digital asset.My husband is already working with me.He knows all the private keys to all my wallets.Both of us are working for our family so my husband would have access to my bitcoin asset after my death.

I have a sister that who can able to access my MyEtherwallet just in case if I die anytime from now so I'm confident that they can retrieve and access my wallets and accounts.
That's most tragic thing to happen when some holders were dead and their Bitcoins are dead also because they didn't care whom they'll give their digital assets as they were alive.

chrismartin
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December 01, 2017, 01:09:55 PM
 #64

Lets dont think that we will die now,  but for this topic my bestfriend is already all my account in bitcoin and altcoins.  Incase i will die.  He know already what to do. So guys just be sure that there are peole who knows your account, incase of emergency.
Rana590
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December 01, 2017, 01:15:01 PM
 #65

It will depend totally by me. If i don't give anyone​ my private key and such kind information, it will still in my account lifetime. One the other hand, if i give information about on keys to my wife, children or family member, they can use it for their rest life.
ajochems
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December 01, 2017, 01:18:00 PM
 #66

Lets dont think that we will die now,  but for this topic my bestfriend is already all my account in bitcoin and altcoins.  Incase i will die.  He know already what to do. So guys just be sure that there are peole who knows your account, incase of emergency.

Instead of sharing your bitcoin details to know person you can share to your children and grandchildren.Bitcoin is also like a property and you know it's a asset you should share to next generation of yourself to gain from it.If you are 20-30 means,you will be live for 60 years after 40 years bitcoin price will be around 50k - 100k$.So you saving bitcoin will be treasure for your children. So better share about bitcoin to your children,for them only we are earning money keep in mind.



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Kprawn
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December 01, 2017, 01:20:10 PM
 #67

I created a little treasure chest for my family members and this is left with someone I trust. {Yes, I made alternative

arrangements, if something happens to that person} Only my family members will be able to decipher the clues, because

they are the only people who shared those experiences with me. I included a manual, but most of them already know how to

sweep paper wallets.  Wink

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December 01, 2017, 01:25:32 PM
 #68

If we hold a significant amount of bitcoins, writing testamentary letter could be the best idea, since bitcoin had incredible security, tamper-resistance putting all of your bitcoin related things on the letter is necessary.
Bryan13
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December 01, 2017, 01:25:43 PM
 #69

If i die, i think bitcoin will still be there. So before i die, i already told to my wife about my account so she can have access to open or use my bitcoin account.
sidebyside
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December 01, 2017, 01:32:02 PM
 #70

I think this is a pretty interesting question. When I die, all the bitcoins that I have I will leave to my family and relatives to use it. And before I die, I will teach my children how to use and earn more bitcoin

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December 01, 2017, 01:35:05 PM
 #71

If I die I will leave all my bitcoins to my children ,I will teach them how to earn and get some bitcoin because If I have many bitcoin this is the only treasure that I can give to them.
Jltan
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December 01, 2017, 01:39:25 PM
 #72

Interesting. I laughed when i saw this question, don't think normal people will even think about this before!  Grin
The best way is to educate my next generation before that happens and to leave the private keys in a thumbdrive secured to my will. Provided i have a lot of bitcoins and the thumbdrive doesn't go crazy on them Smiley.

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December 01, 2017, 01:40:44 PM
 #73

I keep an envelope in a safe with access details for my wife and kid in case the worst ever happened to me.

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December 01, 2017, 01:41:15 PM
 #74

If you have someone who has the private key, then they can get it and benefit from it.  Otherwise, no one can get it and it just be there in your wallet.

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December 01, 2017, 01:43:49 PM
 #75

Did you guys teach your family members on how to access and use your Bitcoin in case you will die?
Do you want to take your Bitcoin with you when you're gone?

Let me hear it from your own opinions...
I made that already,  i just started to make a copy of my private keys anything related to what im doing here i print it on a paper and gave them to my wife. Cause i dont know what will happen to me. Incase i will die my wife and my son will be my beneficiaries.

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Creepings
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December 01, 2017, 01:44:01 PM
 #76

If i die, i think bitcoin will still be there. So before i die, i already told to my wife about my account so she can have access to open or use my bitcoin account.

It is not that I don't trust my family but these days, I think if I will be giving them my account, I think it will be quickly emptied even before I die. So I guess for now, I will be just holding for it. This was included in my last will so I think even if I die in an accident or some sorts, my wallet and hard work will not be in vain.
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December 01, 2017, 01:48:21 PM
 #77

I have someone who knows what to do in that case, so they at least have access and the btc won't be lost.
Mr.grin
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December 01, 2017, 01:51:23 PM
 #78

well, I think, that the bitcoin you have will be trapped in the blockchain, or on the wallet you use. but, if you use the market, maybe the market will pick it up someday. but I do not know for sure about that.
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December 01, 2017, 01:55:03 PM
 #79

If a Bitcoin owner dies without passing on the private key, his heirs may discover his wallet only to realize that they will never gain access to the wealth inside. To prevent this, the owner simply has to ensure that someone gets a copy of the private key by writing it down, storing it on a flash memory drive, or entrusting it with a commercial service that manages them.
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December 01, 2017, 03:54:10 PM
 #80

Did you guys teach your family members on how to access and use your Bitcoin in case you will die?
Do you want to take your Bitcoin with you when you're gone?

Let me hear it from your own opinions...

if I die then the bitcoin I have will be managed by my child. i will teach about bitcoin to my child.
I am looking for bitcoin at this time only for my family, therefore if i died then bitcoin that i have will be hold by my family.

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