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Author Topic: What if someone forgot the key to their bitcoin wallet ?  (Read 1880 times)
tamradhwaj
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July 24, 2018, 04:08:00 AM
 #301

if someone forgot the key of bitcoin wallet then forget your assets  too. because it impossible to recover password, seed and  private key,  in blockchain technology. that is dark side of this technology. You just need to copy your private key to offline storage, do not store it in one place so you always have a backup if you lose your private key on another offline copy, maybe that simple thing can help you to save the private key.
Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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Chaelbrin
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July 24, 2018, 04:23:56 AM
 #302

A large portion of the general population not check the wallet value step by step and individuals not check the wallet cost and a few people not interface the Mail ID. So it some time influence the wallet safeguards. keep your private key safe and in memory. Are there any contrasting options to recover the key back. So great future sparing wallet. So don't share the wallet data any one. On the off chance that offer it influence the future sparing. So interface with your own mail ID. On the off chance that overlook any data associate the mail. At that point simple to clear the issues.
crazymelons12
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July 24, 2018, 04:52:59 AM
 #303

It would be the hardest thing that could ever happen to a person who loses his wallet especially if it is really full of investments. Bitcoin can no longer be retrieved without the wallet so don't ever commit a mistake of not keeping it. Keep in mind it should be keep safe always away from any attempt of hacking.
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July 24, 2018, 05:42:52 AM
 #304

if someone forgot the key of bitcoin wallet then forget your assets  too. because it impossible to recover password, seed and  private key,  in blockchain technology. that is dark side of this technology. You just need to copy your private key to offline storage, do not store it in one place so you always have a backup if you lose your private key on another offline copy, maybe that simple thing can help you to save the private key.
Thanks a lot for the idea. Private key is the most important when you involving in this kind of field. Do not lose it just keep your private key safe.
pakhitheboss
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July 24, 2018, 05:49:41 AM
 #305

It is always advised to keep a print of your Private key incase you forget it. If you loose your Private key there is only one way to retrieve it and that is using Pass phrase. It is also recommended to keep a print of your Pass phrase. If you loose both accidentally or if you forget it then it is not possible for you to access your wallet.

Please keep a print record of these things and keep it somewhere safe so that incase you forget you can get access to your wallet.

Never reveal these information to anyone.

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Tulanpa
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July 24, 2018, 05:55:46 AM
 #306

From my own understanding I think if someone forget the key to their Bitcoin wallet then their money will be of no use because they will not be able to access their wallet again. I remember, when I forgot the login details to my bitcoin wallet, my $100 in d said wallet was gone with it. 
maminelly
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July 24, 2018, 05:56:31 AM
 #307

to keep your private key safe and in memory,there any alternatives to retrieve the key back long as you have a copy or you saved the file of your key then it shouldn't be a problem...People should be aware how much important the key of a certain wallet there is something you can do to ensure that even if you forget you will still be able to access your wallet,mine is that I am currently using a metamask so its okay if I loss my key because all I need to remember is my password from it...
Saint1990
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July 24, 2018, 06:03:11 AM
 #308

The best way to save your private key is to write it down your private key and store it in google drive or in your mail ID in code words only you can understand.

zhopas
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July 24, 2018, 06:41:02 AM
 #309

What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
First of all, bitcoin will never be retrieved if ever you don't have a wallet so at first you should know how to keep it secured and safe from those person who would steal it without your permission. Always remember that the more you are aware on the things that happened on you account is also the less chance of hacking it.
anehh
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July 24, 2018, 07:00:22 AM
 #310

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

There is no alternative to retrieve lost keys, and if someone forgets the key of the bitcoin wallet he owns, he will also lose the bitcoin. For that do the best safeguard against the key bitcoin wallet that you have so as not lost or also stolen by others, the best way I think is to keep the key of the bitcoin wallet in a note that is only known by yourself.
antosionta
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July 24, 2018, 08:58:08 AM
 #311

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

Of course they cannot do anything if they forgot their private key and you know private key is not a thing to be remembered, it should be stored somewhere. Our wallet is our responsibility to take care of. If the key gone, then the balance will remain there forever.
silviyako
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July 24, 2018, 12:54:24 PM
 #312

There will be no way to retrieve your key. You just have to be careful and make back ups and keep them very safe and secured.
aleksej.rozhkov
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July 24, 2018, 02:29:56 PM
 #313

my friend had it when he lost the key to his wallet! he was very upset! It is a great pity that you can not restore your key and password! but on the other hand it's very good, because the wallet is in maximum safety!
gokudera
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July 24, 2018, 02:42:20 PM
 #314

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






I think if someone forgot the key to their bitcoin wallet it will be their biggest regret in their life because key is the only one we need to open it. I think you can not retrieve it because it is your fault and not by others.

Lalafell
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July 24, 2018, 03:06:54 PM
 #315

What are the measures to keep your private key safe and in memory ?
Print your private keys to any form of paper that you can keep for safety. Don't trust your memory even you are the champion in memory verse challenges, it isn't enough to keep your funds.

You can also create a file on a notepad and save it to a flash drive and don't use that drive to any computer that you don't own. Don't use it to public places.

Are there any alternatives to retrieve the key back ?
If you lost it, that's lost forever.
You should have your back phrase in case you forgot your private key or password. You can also print your private key in any kind of paper than saving it in your notes. Just create a file where you can put all your password and private. Lastly, you should keep that file in a safe place so that you can avoid it from hackers.
Lemer
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July 24, 2018, 03:22:55 PM
 #316

I don't think there is, and if there is, then bitcoin wallets won't be safe enough.
So that's the advantage of blockchain and bitcoin. Grin Grin

taeewo
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July 24, 2018, 04:50:13 PM
 #317

Thats the reason before creating such account, you were warned not to loose access to your private key, having no access again or forgetting your key means the coins you are holding is gone for life.
akosiMalakas
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July 24, 2018, 04:54:43 PM
 #318

What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
If you forget your private key there is no other way to recover it. But if it's a password and if it's a 3rd party wallet the only way is to click on the forgot password and it will follow your email so you can get another password again. We should be careful about storing our private keys because once we accidentally delete it or someone else will know that they can have access to our wallets

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jessbaker27
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July 24, 2018, 04:56:26 PM
 #319

Probably print you keys and secure hem. Also make a back up in your computer.
CryptoPushkin
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July 24, 2018, 05:00:56 PM
 #320

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

There is one secret tool not to lose your Keys which is called BACKUP. Not many people use this tool today, spoiled as they are by Google & C which allow you to recover your accounts of which you have lost your passwords. But it is sufficient to make a REDUNDANT backup and you will be safe.
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