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Author Topic: How did you get you bitcoin stolen?  (Read 255 times)
Lexters (OP)
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December 25, 2017, 07:07:13 AM
 #1

Hi all,
Just thought I'd start a thread on how not to get your bitcoin stolen and do this by learning from others.
It's all on our minds is our coins secure but we can do simple things to ensure they stay safe.
So any suggestions and stories on how yours got stolen would be great. Sorry if it brings up bad memories.

Many thanks for your time
Lex
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December 25, 2017, 07:18:17 AM
 #2

Hi all,
Just thought I'd start a thread on how not to get your bitcoin stolen and do this by learning from others.
It's all on our minds is our coins secure but we can do simple things to ensure they stay safe.
So any suggestions and stories on how yours got stolen would be great. Sorry if it brings up bad memories.

Many thanks for your time
Lex


You need to store your crypto currencies in paper wallets or in hardware wallet and keep the private key in a secured offline drive then your coins will be safe forever.If you store your coins in online wallets there are high possibility of you will get stolen.

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December 25, 2017, 01:00:46 PM
 #3

It is not possible to get a stolen bit coin back.If you get your money or things stolen, how will you get back?But Bitcoin's money transfer is not a government and company. Bit coin can not seek anyone's help if it is theft.Bit coins exchange takes place fully Anonymous.
Save Bit coin offline wallets will be better.
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December 25, 2017, 01:47:00 PM
 #4

Hi all,
Just thought I'd start a thread on how not to get your bitcoin stolen and do this by learning from others.
It's all on our minds is our coins secure but we can do simple things to ensure they stay safe.
So any suggestions and stories on how yours got stolen would be great. Sorry if it brings up bad memories.

Many thanks for your time
Lex

Majority of the users are using paper wallet . Because it is safe and secured in your money. But in terms and conditions is administration should control your wallet. This is also one of the security that means if any problem in your paper wallet. Admin should help to troubleshoot the problem. In many online wallets are not safe it is easy to hack your wallet account. So better to use paper wallet is the best option.

 
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December 25, 2017, 01:51:35 PM
 #5

For wallet password preservation, we must be cautious. Because in the blockchain world, the private key to any of your wallets must be dangerous as long as the second person knows it. I recently purchased a hardware wallet
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December 25, 2017, 01:56:12 PM
 #6

by trusting one of the old and (seemingly) trustable exchanges called bittrex.

everything was fine and nobody had any complaints, their rules were clear and a lot of people were using it. some day they decided to rob their users so they changed their rules in a way to close lots of accounts and block their funds. and they did that to thousands of users who trusted them!

There is a FOMO brewing...
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December 25, 2017, 01:56:18 PM
 #7

Hi all,
Just thought I'd start a thread on how not to get your bitcoin stolen and do this by learning from others.
It's all on our minds is our coins secure but we can do simple things to ensure they stay safe.
So any suggestions and stories on how yours got stolen would be great. Sorry if it brings up bad memories.

Many thanks for your time
Lex


It's not happened yet but a few times I've nearly come close to falling for phishing scams. I always check the URL and make sure never to click on any links that I don't know what they are. If you are sensible it's hard to get your funds stolen.

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Lexters (OP)
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December 26, 2017, 09:19:11 AM
 #8

Thanks guys
Great tips, its a nightmare keeping all the passwords and trying to vary them. I think once it becomes even more mainstream then there will be more chances of it being attacked.
I'll still speak to people who don't know what a bitcoin is so it's really early days.

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December 26, 2017, 10:03:19 AM
 #9

You won't get your bitcoins stolen because every wallet are secured in their own ways. Private keys keep them safe. You can only lose your bitcoin if you sent it to a wrong address or traded without knowing risks or what you are doing. Or you unfortunately forgot your key. Your bitcoins will be lost forever. Transactions are irreversible that is why you need to check every transactions you make.
Also avoid scams. That all that I can think of.
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December 26, 2017, 10:12:07 AM
 #10

Hi all,
Just thought I'd start a thread on how not to get your bitcoin stolen and do this by learning from others. It's all on our minds is our coins secure but we can do simple things to ensure they stay safe. So any suggestions and stories on how yours got stolen would be great. Sorry if it brings up bad memories. Many thanks for your time. Lex


Based on my own experience, I am fortunate enough not to have lost any Bitcoin due to any involuntary means of a grab or very deceptive means. I lost Bitcoin because I trusted some cryptocurrency traders whom I trusted too much and all of them turned out to be either scammers or just an outright failure. I also lost some Bitcoin while participating in the rev-share type of programs similar to MyPayingAds and its sister crypto program. Had i not touched my Bitcoin at that time and never invested into those traders and programs I could already be a multi-millionaire (based on my local standards and not internationally). Unfortunately, I experienced for two times the popular phishing scam with my MEW accounts. It is very sad that MyEtherWallet don't want to improve their own security measures and just left members on their own's fault whenever a phishing program can struck anyone. The second one just recently happened partly because I became careless in downloading a wallet from as supposed coin which turned out to be a phishing trap.
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December 26, 2017, 10:36:15 AM
 #11

Hopefully it won't happen to me in the future, So far this is the big threats of bitcoin holders, i suggest we must be careful always in handling our private key  and do not entrust your passwords and other important details in your account to avoid scams and other unwanted acts.
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December 26, 2017, 10:41:22 AM
 #12

if you want to keep your Bitcoins safe, please use either Paper Wallet or Hardware Wallet. About the private key - keep it safe anyway you feel would be safe.
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December 26, 2017, 10:54:04 AM
 #13

I got my bitcoin stolen because I was naive and put much trust in Ponzi schemes. Three different ponzi schemes went away with the bitcoin I invested in them. The last ponzi scheme pained me much, I saw the signs after reading many online reviews but I still went ahead and invested. Lost my bitcoin I invested the following the day as the website was no longer accessible. That was the last day I promised to stay off any sort of fast money yielding schemes.
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December 26, 2017, 10:58:19 AM
 #14

So far I know about this issue, if you are able to keep your Bitcoin address properly then you can be able to recover your stolen Bitcoin. but if you lose your account then you have a little bit chance to get back it.

that's why keep safe your Bitcoin in a wallet where your stock should remain safe. but I hadn't such type of experience in my Bitcoin career.
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December 26, 2017, 11:17:51 AM
 #15

The way I've done when bitcoin I lost time first, but this way is more dominant to overcome your bitcoin wallet account, 25% to get the missing bitcoin, below is the step
Hello Mr / Mrs,
For the security of your account before we continue the process of data change, we require verification of your data first, please be able to provide the following data:
1. Scan ID / Passport: ..........
2. The ID / Passport ID number registered to the account: ..........
3. Full Name: .......
4. Address: .........
5. Username: ...........
6. Phone number: ..........
7. Old email (Which is already registered in the account): ...........
8. New Email: ...............
9. Reasons for changing email: ..........
After that please send the data to admin@bitcoin.co.id or you can also reply to this email directly by attaching your identity (KTP / Passport).
Then our Verification Team will call your main phone number or alternative phone number already registered to your account to confirm, please make sure the number is active
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December 26, 2017, 11:31:17 AM
 #16

James Grimmelmann, a professor at the University of Maryland who focuses on internet law, reminds consumers of Mt Gox is unlikely to be lucky. Because they do not have many opportunities to get the money back. "They may be able to file a lawsuit, but unfortunately the virtual currency is minimally regulated and no single government guarantees,
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December 26, 2017, 11:41:27 AM
 #17

This is one of the major drawback about bitcoin, you can't get back your currency once stolen. It's humble request to everyone, please secure your wallet as much as possible. There are lots example in my network, those have lost their virtual currency in initial period and there are no such a regularity where we can register a complain against them.

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December 26, 2017, 12:26:05 PM
 #18

Hi all,
Just thought I'd start a thread on how not to get your bitcoin stolen and do this by learning from others.
It's all on our minds is our coins secure but we can do simple things to ensure they stay safe.
So any suggestions and stories on how yours got stolen would be great. Sorry if it brings up bad memories.

Many thanks for your time
Lex


Ive never been hack and i dont want to be hack. Mostly now i could read a lot of stories and also my friends told me that mostly of them get hack and someone also said that he losses his private key of his wallet in his computer . Well that cases will mostly impossible to get back your bitcoin, at first it is your fault because you are not taking good care of your  wallet or bitcoin and second is hackers can penetrate you because your password or you is too weak abouut it and not thinking about security.
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December 26, 2017, 05:28:49 PM
 #19

The most reliable means is to use cold storage wallets. If you keep bitcoins for a long time, then cold wallets are what you need, do not show anyone the private key. Make many copies of it. For a long period, do not use exchanges and on-line purses.

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December 26, 2017, 06:50:53 PM
 #20

Don't ever shares your privates key, be careful with phising sites link. Do not keep privates key in public computer.
Try to protect your email with strong password. Some hacking tool are targeting to brute email acct which this one of accessing to some exchanges sites.
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December 26, 2017, 06:55:09 PM
 #21

Here, one's own self interest is the must to keep our bitcoins safe without much of additional features. Once I got my wallet balance being stolen, but however hard I research I was unable to retain back what the hackers took away from my wallet. Large scale stealing happens with the network.

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December 26, 2017, 06:57:54 PM
 #22

Are u asking the ways to get lost ur tokens? The main and the most stupid way to loose it all is to get twisted the address and private key. I saw that happened. it's awful.

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December 26, 2017, 10:22:04 PM
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It is good to store one bitcoin in paper wallet and hardware wallet is the best place to protect your bitcoin and be free from hackers.
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December 26, 2017, 10:23:32 PM
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Used an exchange. Fuck exchanges.

Saying that you don't trust someone because of their behavior is completely valid.
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December 26, 2017, 10:26:04 PM
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I have never had my bitcoins stolen, but I have seen some outrageous threads of 25k bitcoins stolen, pretty insane. Most of the time though it is the users fault for not securing his information, but hacks due occur.

Positivebetting
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December 26, 2017, 10:31:18 PM
 #26

My practice is to convert my bitcoin into our native currency and deposit their in my bank accounts since the previous value of bitcoin is very high I think this is my best way of preventing my money to get steal but since holding is the best for now securing my wallet is very important the best thing to do is have a strong password or use a two factor authentication and never let anyone leaen this from you otherwise your wealth is at risk
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December 26, 2017, 10:31:38 PM
 #27

Here, one's own self interest is the must to keep our bitcoins safe without much of additional features. Once I got my wallet balance being stolen, but however hard I research I was unable to retain back what the hackers took away from my wallet. Large scale stealing happens with the network.
therefore security is very important.
use coating safety so that all the balance in the wallet is maintained.
I'm sure if we use 2fa and the like.
the hacker will not easily steal something from us

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December 26, 2017, 10:32:33 PM
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by trusting one of the old and (seemingly) trustable exchanges called bittrex.

everything was fine and nobody had any complaints, their rules were clear and a lot of people were using it. some day they decided to rob their users so they changed their rules in a way to close lots of accounts and block their funds. and they did that to thousands of users who trusted them!
Цe тoчнo, bittrex бaгaтo кopиcтyвaчiв нeзaдoвoлeнi.
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December 26, 2017, 11:16:58 PM
 #29

The offline mode of securing bitcoins is called cold storage. Cold storage wallets are not connected to the Internet and are thus less susceptible to hacking.
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December 26, 2017, 11:23:24 PM
 #30

Hi all,
Just thought I'd start a thread on how not to get your bitcoin stolen and do this by learning from others.
It's all on our minds is our coins secure but we can do simple things to ensure they stay safe.
So any suggestions and stories on how yours got stolen would be great. Sorry if it brings up bad memories.

Many thanks for your time
Lex


You need to store your crypto currencies in paper wallets or in hardware wallet and keep the private key in a secured offline drive then your coins will be safe forever.If you store your coins in online wallets there are high possibility of you will get stolen.
yes, I agree with your answer, doing it is the safest way to maintain the privacy of the wallet. especially in the year 2018, I read that criminal acts will increase, take preventive action is the best way today.
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December 27, 2017, 02:26:13 AM
 #31

Don't ever shares your privates key, be careful with phising sites link. Do not keep privates key in public computer.
Try to protect your email with strong password. Some hacking tool are targeting to brute email acct which this one of accessing to some exchanges sites.

He's totally right. The best advice in keeping your wallet safe is to keep your private key safe first.
You should store the keys somewhere private and offline. Like a personal computer.
The technology that bitcoin use, Blockchain is totally safe so there no need to worry.

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December 29, 2017, 08:37:52 AM
 #32

Don't ever shares your privates key, be careful with phising sites link. Do not keep privates key in public computer.
Try to protect your email with strong password. Some hacking tool are targeting to brute email acct which this one of accessing to some exchanges sites.

He's totally right. The best advice in keeping your wallet safe is to keep your private key safe first.
You should store the keys somewhere private and offline. Like a personal computer.
The technology that bitcoin use, Blockchain is totally safe so there no need to worry.

Superb advice, i now store most on a nano ledger. Cold storage is a superb idea as well.
Thanks for all the tips!
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December 29, 2017, 08:39:50 AM
 #33

Keep all your passwords on paper or an encrypted hard drive, in your safe at home. I don't really trust the cloud to store my passwords
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January 09, 2018, 10:08:20 AM
 #34

For me if that key is compromised, the attackers can send all of the victim's bitcoin to themselves or an intermediary, or simply delete the key and digitally eliminate the bitcoin. Without the private key, as there is no central bitcoin authority by design, there is no way to claim ownership of a set of bitcoin.
Once you ensure that your private keys have a layer of protection, you need to safeguard your cryptocurrency wallet. A wallet is both a collection of one or more private keys and the software you use to interact with the cryptocurrency protocol.
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January 09, 2018, 11:02:20 AM
 #35

why bitcoin steal that there are so many ways to get bitcoin to work in the signature campaign and there are more mining and trading and airdrops and so much more why robots steal, and hard bitcoin steal
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January 09, 2018, 11:10:42 AM
 #36

Hi all,
Just thought I'd start a thread on how not to get your bitcoin stolen and do this by learning from others.
It's all on our minds is our coins secure but we can do simple things to ensure they stay safe.
So any suggestions and stories on how yours got stolen would be great. Sorry if it brings up bad memories.

Many thanks for your time
Lex


I think it's next to impossible to steal someone else's bitcoins or other cryptocurrency holdings like any other thing. It is because it is usually well protected in e-wallets with strong encryption that is quite difficult to crack without a high-grade programming involved. I think the only way one could steal your holdings is if you would mistakenly give your wallet to them, and they know your password to get in the wallet, which is highly unlikely unless you give it to them. That's why people always remind cryptocurrency wallet to secure their wallets and keep them offline so that internet thieves won't get their hands on them.

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