What happens when a wallet file is stolen?

[project_delta]

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

[S_Therapist]

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If your wallet.dat file is stolen, you may still have access to your coins if you already have set a passphrase. If you don't set one, you will lose everything.

[resty]

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.

[withlove99]

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.

That's right, there will be no way to retrieve it back. I was stolen wallet ETH but no way to change the password so I accept losing it.

[FedorIzmailov]

I have not heard of cases when it was possible to somehow restore the wallet file. probably if you lost a file then you can really say goodbye forever to your savings

[timotron]

If you have you magic words you should be able to recover this wallet.

maybe with another provider.

[Natsuu]

If your wallet.dat file is stolen, you may still have access to your coins if you already have set a passphrase. If you don't set one, you will lose everything.

That's correct so if you'll create a wallet, make sure that you wrote your seed or passphrase to a paper and make some copies.
Losing bitcoin now is like a suicidal that you can't afford to lose.

Also if you plan to hold it long term, store it in a nano or trezor drive.

[Shiversnow]

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

If your wallet or file get stolen by someone its hard to recover because they change everything in your file. But if you put recover phrase or password you can recover it. The big problem when your wallet was stolen your funds will be gone because they will still everything and it is totally bad.

[fosco333]

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

If there is a wallet file stolen, it will depends on the password strength of the wallet.
For example in eth, if the wallet file password are not complex, it will be easy to brute force it, and get the password.
Maybe it will be the same in bitcoin wallet, if you have the wallet file, you will have chance to recover it.

[nuraziaaziz]

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

If your wallet or file get stolen by someone its hard to recover because they change everything in your file. But if you put recover phrase or password you can recover it. The big problem when your wallet was stolen your funds will be gone because they will still everything and it is totally bad.

I understand that the risks of losing a wallet is very high compared to losing physical wallet with you because if you lost physical wallet, you are still able to called up banks to close down your account so thief cannot use the card except for the physical money that have in the wallet. However, wallet file can led in losing everything once it's stolen. So the most important things to do is secure your wallet properly and the right place where no one knows except yourself and to always remember your password.

[bitcoinVPSD]

If you lose your wallet file, I think there is no way to recover it. It is best to keep it more careful. You should store it in your computer or store it on your gmail with google Drive

[pooya87]

it depends on
1. whether the wallet file had any passwords or not
if it had no password then the theft is 100%, but if it had password then:
2. how strong was the password
an simple password can be brute forced a lot faster than a complicated long one
3. if the thief had any information about your password to brute force it.
for example knowing how long it is and what it contains. for instance knowing it is 4 English words from a song with 3 symbols makes it easy to brute force.
4. what method of encryption the wallet used.
using certain methods are more secure than others.

[jimskiy]

When your wallet is stolen you have forget your asset there, your balance bitcoin and altcoin will be lost and stole, you have recovery and back up again looking for how to get bitcoin by invest or trade, you have created new wallet and always safety first for your account.

[teejayrichard2]

if it stolen, forget your bitcoin and move on. I know it is painful but there is nothing you can do about it to get your coins back. A stolen wallet can not be retrieved thats why one has to be extremely careful.

[Stedsm]

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

Depends on whether it had any Bitcoins in it first of all (empty wallet won't get the hacker anything), second is the password (if set) and third is the phrase that can be used if password needs to be reset based on the forgotten password attribute. Though the wallet file contains all the information from having the private key(s) of your address (es) and all their transactions, it's next to impossible to decrypt those private keys and the only way to steal everything is to know the password - so setting up a strong password is the key to save your coins from being stolen.

[mmo4me.2016]

If you lose your Wallet file, it is not possible to lose everything when Crypto has not moved out of your wallet yet. But always keep your Wallet file and store it securely

[lyks15]

When the time that your wallet file is stolen specially including your password and private keys this will be the time that your world destroyed also because imagine all your effort amd sacrifies also your money investment will disappear.So make sure thatvyour wallet file will always secure. Dont trust other people even in your close friends or even your family. Remember that your bitcoin transactions that needs a privacy because this is investment so the risk and loss will always included so be carefull and be secure all the time.

[awik p]

If you lose your Wallet file, it is not possible to lose everything when Crypto has not moved out of your wallet yet. But always keep your Wallet file and store it securely

of course if the file is lost then all assets in the swallow cannot be accessed, and that is very detrimental. therefore data backup is very important to anticipate bad things

[NinaOasis]

First, lock your email account with two-factor authentication to keep the hackers in the first place. You should also do the same with your bitcoin storage service. In the case of Coinbase, the company has requested a two-factor login process including passwords and SMS text. However, as text may be blocked, you should take advantage of the option of verifying by an application such as Google Authenticator.

[Ezenwanyi]

If your wallet file gets stolen,the best thing anyone could do is just to move on and forget whatever funds you have in there.
There's no known measure for recovery as it is.
So one ought to be very careful and ensure this important details are safely stored and protected against third party unauthorized access.