coin163
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Activity: 462
Merit: 281
dApps Development Automation Platform
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June 02, 2018, 02:48:07 PM |
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one you lost your bitcoin you will never get it back or know who stole it.
you only can track where it goes... it's anonymous so no one knows
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vickybitcoin
Newbie
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Activity: 149
Merit: 0
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June 02, 2018, 03:15:55 PM |
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In case someone stole your bitcoin or you lost it, you won't be able to get it back.
Is this true?
What are your knowledges about this?
Once your bitcoin get stolen it is erretrievable. That is why you have to be very careful with your private keys. Even if the block chain technology is keeping tract of every transaction made in bitcoin but it does not keep tract of the identity and personal details of whoever is doing the transactions so there is no way to get back on whosever is the culprit. So just be careful in doing your bitcoin transactions whom to accept in electronic communication for all you know its just a trap to get you scammed. |
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tegarp90
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June 02, 2018, 03:19:00 PM |
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In case someone stole your bitcoin or you lost it, you won't be able to get it back.
Is this true?
What are your knowledges about this?
There's no such thing like that, bitcoin is decentralized. Once it moved to another address, the only one can send bitcoin to another address is only the one who have the bitcoin. So bitcoin is volatile, that's why people still scare to make bitcoin as an investment |
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Risktaker31
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June 02, 2018, 03:19:32 PM |
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Nope. There are no chargebacks on bitcoin, as confirmed transactions are final.
One advantage of bitcoin is to be your own bank, being completely cut-off through centralized entities like banks. But of course this also comes with a disadvantage: as bitcoin is decentralized, there is no sort of "official tech support" or a hotline you could call/contact to help you with your lost funds. Being your own bank, you need to also act like one. You need to take wallet security as a number 1 priority.
Everyone should take care about the risk of sending bitcoin to other address and always double check the details before proceeding. I've done something wrong too sending bitcoin to the wrong address because of misclicks and lose my money. I think we should prioritize the security and be observant on the things and details before we transact. |
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nguyenhoven
Jr. Member
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Activity: 248
Merit: 1
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June 02, 2018, 03:24:40 PM |
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In case someone stole your bitcoin or you lost it, you won't be able to get it back.
Is this true?
What are your knowledges about this?
it depends, but generally speaking you won't. because if they transfer the coins from your wallet to theirs, you won't be able to access them anymore and no one can help you. |
◈ HYPERQUANT ◈ Platform for Professional Asset Management (https://goo.gl/wGkw41) |
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Denies
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June 02, 2018, 03:59:28 PM |
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In case someone stole your bitcoin or you lost it, you won't be able to get it back.
Is this true?
What are your knowledges about this?
of course, if my bitcoin has moved on to someone else's wallet. of course it can not get me back if it has been stolen. this is what you need to know, so you have to be careful especially to maintain security |
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cryptoroi
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Activity: 364
Merit: 0
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June 02, 2018, 04:31:33 PM |
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As bitcoin is decentralized you will not get any customer service in case of such emegencies. So it is sad to inform you that there is no way of such recoveries.
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damrianto
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June 02, 2018, 04:47:33 PM |
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until now there has been no patented bitcoin rules about the loss law that traders in maintaining bitcoins that have been stolen others or lost .. because it is just a mistake that the traders do in maintaining each account and this happens because personal account key leakage .. this will not be in demand wherever you complain .. this is the risk in the responsibility by traders ..
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Verde_Mantis
Member
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Activity: 336
Merit: 52
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June 02, 2018, 05:06:55 PM |
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In case someone stole your bitcoin or you lost it, you won't be able to get it back.
Is this true?
What are your knowledges about this?
For what I know, once the bitcoin are moved into another address there is no way to get them back, unless of course you know the private key of that address. And the same goes if someone dies without leaving written the private keys: they are lost forever. |
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jak3
Legendary
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Activity: 1274
Merit: 1004
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June 02, 2018, 05:13:30 PM |
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Hey mate it's absolutely true that make you lose your wallet then you are going to lose a little money. The only way to recover those funds is to have a private key backup otherwise just say goodbye to your money. Nowadays some wallets provide additional features like masterseed backup and chiper backup which provides additional helps to recover you funds.
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GabrielBrandon
Newbie
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Activity: 84
Merit: 0
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June 03, 2018, 08:12:03 AM |
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I'm afraid still there are nothing to recover this but i hope they will think about it as soon as possible.
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jrrsparkles
Sr. Member
 Online
Activity: 2394
Merit: 257
Eloncoin.org - Mars, here we come!
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June 03, 2018, 08:17:46 AM |
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In case someone stole your bitcoin or you lost it, you won't be able to get it back.
Is this true?
What are your knowledges about this?
In blockchain network we can't recieve the bitcoins if you lost your passwords or prviate keys so you need to have the backup of your keys written in a paper and the transactions are irreversible so we can never can get back our bitcoins if someone stole them or we send to the wrong address. |
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imstillthebest
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June 03, 2018, 08:24:51 AM |
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Hey mate it's absolutely true that make you lose your wallet then you are going to lose a little money. The only way to recover those funds is to have a private key backup otherwise just say goodbye to your money. Nowadays some wallets provide additional features like masterseed backup and chiper backup which provides additional helps to recover you funds.
Hey mate it's absolutely true that make you lose your wallet then you are going to lose a little money.
a little money? well if if your crypto wallet do have a small balance in it then you could probably loose small but if you have a big balance inside your wallet then you will also loose big. So therfor it is really dependent on your balance. The only way to recover those funds is to have a private key backup otherwise just say goodbye to your money.
Yeah private key is one of the few tools that we need in order to recover and unluck our wallet but there were also other method such as using your .dat file and others can be using your pin, password , bip codes , etc. Nowadays some wallets provide additional features like masterseed backup and chiper backup which provides additional helps to recover you funds.
Yes that right most wallets do have these features in order to safely recover account but there also wallets that do not have these functions and ive been using one of those wallets which i think pretty risky if ever i forgot my password. |
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AliMan
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June 03, 2018, 08:31:35 AM |
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There is no way to recover vet the even if you sending for wrong address you can recover even somebody gets you private key or your credentials they can use it and send the fund where ever they want you can watch transaction but can’t sble to get
As of this moment there's still not a news regarding that one. So staying with bitcoin and keeping it safe is the best thing to do to avoid inconvenience. There's not a way about that recovering the account unless something might come up and helps you to remember the thing you forgot whichyour is your account. |
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Hidden
Newbie
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Activity: 82
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June 03, 2018, 08:32:08 AM |
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that's true because that's why we must keep our wallet well to be difficult to be penetrated by people we do not know because keeping the wallet security is very important to keep the assets we have
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kma.deno
Newbie
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Activity: 252
Merit: 0
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June 03, 2018, 09:22:56 AM |
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Yes, it is true. It will never be get back once a transaction is made. And this is why it is highly recommended to make a transaction very carefully. Since the transactions are done with blockchain technology, this irrecoverable.
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papasmurph
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June 03, 2018, 09:36:48 AM |
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In case someone stole your bitcoin or you lost it, you won't be able to get it back.
Is this true?
What are your knowledges about this?
In both cases, you can not recover BTC coins. So you have to be very careful where and how you fill your wallet keys. BTC can not recover if lost or stolen. |
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jhache
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June 03, 2018, 10:45:51 AM |
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Unfortunately there is no such mechanism to recover your stolen or lost Bitcoins. I think it is for the better, as if someone had the power to recover someones Bitcoins than he would have access to anyones wallet and that would have created centralization which is against the crypto principles.
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greenvally
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Activity: 252
Merit: 0
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June 03, 2018, 11:01:03 AM |
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not at all man. there are no ways, but why we will be that much careless to lose your BTC. BTC transaction is a very safe process. If you just stay a little bit aware. no bad is going to happen to us man.
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rawr1620
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Activity: 91
Merit: 0
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June 03, 2018, 11:10:27 AM |
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private keys in wallets prevent your bitcoin from being stolen unless you transact it to others it is not stolen but scammed in ither cases one can steal it by getting ahold of your private key
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