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Author Topic: What if someone forgot the key to their bitcoin wallet ?  (Read 1880 times)
classictee
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July 28, 2018, 07:27:13 AM
 #401

Forgetting you private key is just like loosing your life, you cant have access to your account again, why is so vital to keep it safe in place third party  has no access.

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July 28, 2018, 08:48:27 AM
 #402

if we forget the privat key on the wallet then of course we can not take or use the coin in the wallet, you should save the private key in some different places so you will have still have backups

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July 28, 2018, 09:05:10 AM
 #403

Anyone that forgets or misplaced their cryptocurrency wallet private key , should as well say good bye to the funds on those accounts.
This is because there is no known  private key recovery measures .
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July 28, 2018, 09:10:16 AM
 #404

We should be carefull in keeping the private key, my advise is to keep it in a secret place, diary, or on your favorite book, its also better to keep in your social media accounts, even if you forgot it, you can have a copy of it.
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July 28, 2018, 09:18:17 AM
 #405

in order not to forget your key, you should keep it in writing form. for safe, do not let anyone know about it  Grin Grin Grin
k1ng0fBTC
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July 28, 2018, 09:46:05 AM
 #406

What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
Forgetting password can destroy your money i mean if you once forgot your password you'r money can never be recover.
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July 28, 2018, 09:47:48 AM
 #407

If you forgot your key, you lost everything. Therefore, take care of your key
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July 28, 2018, 10:11:45 AM
 #408

The loss of your cryptocurrency private key also means the loss of your digital assets in the particular account.
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July 28, 2018, 10:14:58 AM
 #409

What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?

nope... there are no ways to reset the password or should I say private key.. Lots of people bought BTC at the very beginning, but then lost private key, and now.. they are biting their elbows..
By the way, have you heard that you can find some "fortune-tellers"/"magicians" who can help you to recall private key))))
we should not show laziness in bitcoin's wallets its to much risky we should always make a backup. That’s a must if you use bitcoins.
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July 28, 2018, 03:02:29 PM
 #410

What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
If you want to keep your private key safe and secure you should keep it in a safe place where you are the only person who know it. In addition, you can print your private key and keep it a place or you can create a notes and save it in a file. There is an alternative way to retrieve your wallet just putting your number or email.
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July 28, 2018, 03:43:24 PM
 #411

What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
That's mean you should save your private key in the safest places. Yep. If you have the mnemonic phrase. If no, rather say goodbye and don't regret it, because your coins are lost forever.
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July 28, 2018, 04:19:35 PM
 #412

those bitcoin will be lost forever in the world  Embarrassed
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July 28, 2018, 04:21:52 PM
 #413

If someone forgot their key, it would be very hard for them to access their fund. You should always save your key to many devices and if possible, you should print it.
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July 28, 2018, 04:23:31 PM
 #414

I was wondering actually how much Bitcoin is lost due to people locking themselves out fo their wallets. It's like some Bitcoin being burned because it is unusable and lost forever. That actually reduces the supply and I think there should be a lost bitcoin wallet site where people can declare they lost their private keys so that we can find out how much Bitcoin is actually lost forever and can't be used anymore. I am so curious to know how much as been lost. I really feel sorry for those who lost their private keys, it's so disheartening, especially if it was anything over one Bitcoin.


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July 28, 2018, 04:43:09 PM
 #415

Then you are doomed, you have toiled for nothing if the wallet hold a lot. Best way is to store it at more than one secure places. you can get a book and just write it in put it  safely under lock, external drives too will be great. It is advisable to keep your key only on your laptop what if it breaks up and never comes back.

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July 28, 2018, 05:37:53 PM
 #416

What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
It is advisable that you print your private key and store it in a safe place. Also, you can save it in your memory stick and make sure that no  one will open that memory stick except you. Don't trust anyone about your private key and also password and secret code.
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July 28, 2018, 05:46:33 PM
 #417

I have read about at least one incident where the password was recovered through some method. But recovering a private key can be next to impossible. So in such cases, the coins will be lost forever.

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July 28, 2018, 05:51:33 PM
 #418

I think this should not happen should be taken care of and remembered because that is the key to our money ... how could someone can forget a very important thing
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July 28, 2018, 05:58:20 PM
 #419

for me you need to keep in mind and keep it right to lose and not forget about your key, because every key is important when you lose your key is sure you will not store the wallet, as I need to keep my key thoroughly because my wallet can be opened when I forget the key because my wallet can open a badge if the coin or token is lost.
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July 28, 2018, 06:16:03 PM
 #420

If you dont want to take responsibility for your private key then use a hard wallet ! Like ledger or trezor. Those will keep your private keys safe.
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