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Author Topic: What if a Bitcoin exchange "loses" the wallet.dat?  (Read 1054 times)
goodlord666
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August 04, 2011, 07:28:37 PM
 #1

"Woops! Me sorry youre money lost!"

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kokjo
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You are WRONG!


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August 04, 2011, 07:31:09 PM
 #2

"Me sorry youre money lost!"
they can't say anything more then that. "sad show, your money are lost"

but i really hope that they take backups

"The whole problem with the world is that fools and fanatics are always so certain of themselves and wiser people so full of doubts." -Bertrand Russell
nhodges
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August 04, 2011, 07:33:12 PM
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What if? It has already happened.

https://bitcointalk.org/index.php?topic=33457.0

adamstgBit
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August 04, 2011, 07:43:16 PM
 #4

any sensible exchange would BACKUP their wallet ....

or so one would think

phorensic
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August 04, 2011, 07:44:55 PM
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MtGox said they only have 2% of BTC online at any point in time.  The rest are on offline backups.
indicasteve
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August 04, 2011, 07:47:41 PM
 #6

I always backup my wallet to my ram drive so I can get it faster when I need it.   Tongue

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kokjo
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August 04, 2011, 07:49:27 PM
 #7

I always backup my wallet to my ram drive so I can get it faster when I need it.   Tongue
ram drive i hope you are joking!

"The whole problem with the world is that fools and fanatics are always so certain of themselves and wiser people so full of doubts." -Bertrand Russell
jackjack
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August 04, 2011, 08:01:28 PM
 #8

I always backup my wallet to my ram drive so I can get it faster when I need it.   Tongue
ram drive i hope you are joking!
Why?
Bitomat used to do that and it is the third biggest exchange





Oh wait

Own address: 19QkqAza7BHFTuoz9N8UQkryP4E9jHo4N3 - Pywallet support: 1AQDfx22pKGgXnUZFL1e4UKos3QqvRzNh5 - Bitcointalk++ script support: 1Pxeccscj1ygseTdSV1qUqQCanp2B2NMM2
Pywallet: instructions. Encrypted wallet support, export/import keys/addresses, backup wallets, export/import CSV data from/into wallet, merge wallets, delete/import addresses and transactions, recover altcoins sent to bitcoin addresses, sign/verify messages and files with Bitcoin addresses, recover deleted wallets, etc.
ampkZjWDQcqT
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August 04, 2011, 08:10:35 PM
 #9

I always backup my wallet to my ram drive so I can get it faster when I need it.   Tongue
ram drive i hope you are joking!
Why?
Bitomat used to do that and it is the third biggest exchange
Complete the phrase. Mtgox used to ___ and it is the biggest exchange.

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pent
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August 04, 2011, 08:16:36 PM
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I always backup my wallet to my ram drive so I can get it faster when I need it.   Tongue
Good luck with power outages
SmokeAndMirrors
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August 04, 2011, 08:21:12 PM
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I always backup my wallet to my ram drive so I can get it faster when I need it.   Tongue
ram drive i hope you are joking!
Why?
Bitomat used to do that and it is the third biggest exchange
Complete the phrase. Mtgox used to ___ and it is the biggest exchange.


kiss?

Help Bitcoins by buying clothes, technology, books, etc. through people/stores that accept BTC. This will increase overall value of BTC as well as mitigate unnecessary bank transaction fees.

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wumpus
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August 04, 2011, 08:29:10 PM
 #12

I always backup my wallet to my ram drive so I can get it faster when I need it.   Tongue
ram drive i hope you are joking!
Another great idea would be to backup your wallet into your GPU framebuffer. It's really fast! Even faster than CPU memory. Be careful that you don't accidentally overwrite it by moving the mouse over it, though...

Bitcoin Core developer [PGP] Warning: For most, coin loss is a larger risk than coin theft. A disk can die any time. Regularly back up your wallet through FileBackup Wallet to an external storage or the (encrypted!) cloud. Use a separate offline wallet for storing larger amounts.
indicasteve
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August 04, 2011, 08:43:05 PM
 #13

I always backup my wallet to my ram drive so I can get it faster when I need it.   Tongue
ram drive i hope you are joking!
Another great idea would be to backup your wallet into your GPU framebuffer. It's really fast! Even faster than CPU memory. Be careful that you don't accidentally overwrite it by moving the mouse over it, though...


Well...I was going to back it up to /dev/null to save some hard drive space, but I didn't want to fill that up either.


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