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Author Topic: What happens when a wallet file is stolen?  (Read 760 times)
Timmzzy
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November 02, 2018, 07:06:12 AM
 #41

Will the bitcoin are gone forever or there is a way to recover them?
This question is really not something you should ask, now tell me what happens if your phone got missing. That means it's gone for ever right but in other words if you save your bitcoin in wallets that really have to back the private key and all the rest necessary information about the wallet oh definitely you can retrieve it back we have lots of wallets out there in which asset's are been save but you definitely will have to look for a legit one to have.

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November 02, 2018, 08:28:24 AM
 #42

Will the bitcoin are gone forever or there is a way to recover them?

I think thief will never return the bitcoin that they already steal. Better create new bitcoin wallet because old wallet is not safe. It is important to secure our wallet by keeping safe our private key

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November 02, 2018, 02:22:01 PM
 #43

when a wallet file is tolen, the bitcoin is gone forever. it can not be traced or money can not be recovered. it is even useless tryng to find out who took your bictoin as it will never be returned. just create a new one and move on with your life

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November 02, 2018, 02:27:11 PM
 #44

Will the bitcoin are gone forever or there is a way to recover them?
This is totally bad if your wallet already get someone because they are already trying to changeing every info.so hope it will never recover back again.so trying to creating new for your future target.
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November 02, 2018, 05:08:45 PM
 #45

It's quite pathetic for a wallet user while his wallet getting stolen. If it happens there is no chance to recover it again which means you will lose all your funds and tokens. So always be careful to protect your private keys and make secured wallets details so that hackers and scammers won't able to access your private zone.

Dewi89
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November 02, 2018, 05:32:37 PM
 #46

if the wallet is stolen then the thief can also fully control the wallet and there is no way to recover it, the next step is to contact the bounty manager to replace the address of the new ETH wallet on the active bounty
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November 02, 2018, 05:37:19 PM
 #47

Will the bitcoin are gone forever or there is a way to recover them?
This is totally bad if your wallet already get someone because they are already trying to changeing every info.so hope it will never recover back again.so trying to creating new for your future target.

And i don't think there's anyway to recover lost wallets. That's one downside of btc being unregulated. So you have to be really cautious since most of the time, it's human mistake that causes someone to lose their wallets.

 
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candra raditya
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November 02, 2018, 06:10:53 PM
 #48

When your wallet file is stolen, you will lose, because the thief will drain your assets. And from that you must save it in a safe place and use two-factor authentication, so that it will make you safer.

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November 02, 2018, 09:33:59 PM
 #49

I think that you should do your best to prevent this because it is a difficult situation and you won't be able to get your coins I think or perhaps this will be problematic for you
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November 02, 2018, 10:15:23 PM
 #50

It is becoming main concern for most financial services authority and governments over the world. The lack decentralized of Cryptocurrency is that there are no ways to recover missing or stolen data in the transactions. Once it was already stolen, it mostly nothing possibility to recover anything. Therefore, before dealing with crypto, anything should be comprehended and understood well to avoid such this problem. The risk is on every users of Crypto.  

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November 02, 2018, 11:55:11 PM
Last edit: November 04, 2018, 11:19:08 PM by Allura74
 #51

I think that you should do your best to prevent this because it is a difficult situation and you won't be able to get your coins I think or perhaps this will be problematic for you
Well, its the end. Since crypto wallet is decentralized so the stealers or the theft's identity cannot be identified and its hard to make it back for we have no control already if it is transfered to other wallet, therefore we should to keep our wallet safe.

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November 02, 2018, 11:59:13 PM
 #52

When your wallet is stolen, the likelihood of getting it back is very low, unless the luggage is returned to you Grin
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November 03, 2018, 12:17:27 AM
 #53

Will the bitcoin are gone forever or there is a way to recover them?

If the wallet was already stolen there will be no possibilities to recovered unless it will return it back to you. I hope that there will be additional security for our wallet like in every transaction there will be approval key number to our cellphone before transaction proceed to prevent wallet stollen.
If it is already stolen there is no possibility for it to recover because even the wrong transaction is irreversible. You must have to make sure that you have a authentication that connected on your device that can secure your wallet. When your wallet file is stolen you have to transfer all the coin you have into another wallet for it safety and add more security for it.
yup, if it has been stolen, it means that you can't go back anymore, you can only release it and create a new one, because every wallet must be very safe so we must always be careful to save the file and private key.

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November 03, 2018, 01:39:43 AM
Last edit: November 03, 2018, 02:13:29 AM by faceoff97
 #54

Will the bitcoin are gone forever or there is a way to recover them?
Basically, if you lose it or someone still from you the key, the fund will totally be gone and no way to recover it again. The next time you store your coins, ut would be better if you'll have secure backup system. Like HODLER wallet, they have a feature called HODLER Secure Backup (HSB), it is an innovative feature developed by HODLER team. It will allow the user to create a backup of their seed alternative to the standard paper backup, it create a PDF file containing QR code of the seed and then packed as an encrypted archive.
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November 03, 2018, 02:19:22 AM
 #55

Predicting the existence of crypto will be lost or will always be very difficult, if there are still many who are interested and buy lots of coins, then crypto will always live, let's preserve bitcoin to become the main digital currency in the world.
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November 03, 2018, 02:25:57 AM
 #56

There is no way to recover it, specially when someone who stole it transfer it to his own wallet. On the other case, if you forgot or lose your key, it will forever be in your wallet and no way to recover it unless remember the key.

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November 27, 2018, 01:32:48 AM
 #57

Will the bitcoin are gone forever or there is a way to recover them?
I don't think there are any way to recover, I will go forever and never come back. That is the reason why you should be careful.
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November 27, 2018, 08:47:42 AM
 #58

Will the bitcoin are gone forever or there is a way to recover them?
there is no solution, I think it will go forever.The only thing you can do is learn to avoid this situation.
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November 27, 2018, 11:46:24 AM
 #59

Once your wallet file is stolen and the thief has access to your private key your coins are gone but you have the ability to monitor the transactions made on the wallet

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November 27, 2018, 06:30:12 PM
 #60

Nothing will have to do if your wallet file is stolen if once it is stolen nobody can get it back. So always be careful to save your wallet file if possible buy a hardware wallet to provide the best security.

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