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Author Topic: What Will You Do To Recover Bitcoin?  (Read 764 times)
darkangel11
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November 14, 2019, 10:25:30 PM
 #81

If you were able to buy 100 BTC it had to be before 2013 or earlier than that. My logic is simple. In 2013 Bitcoin was worth $300 for most of the year and later it was only more and more expensive. 100 bitcoin in 2013 would be at least 30k USD so nobody would forget that kind of money.
If you forgot about it after leaving it on some site that site was a pool or blockchain.com wallet, maybe an exchange but there were almost no exchanges at that time and BitcoinMarket and MtGox are long gone. Maybe you can remind yourself if it was an exchange or a pool at least. If you bought or earned the coins.

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TheGreatPython
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November 16, 2019, 01:24:55 PM
 #82

In 2010, you came across a site that was giving away bitcoins. The site said it was free money so you signed up. You were logging in to figure out how it was money but couldn't. The last time you logged in you had more than 100 bitcoins. Later you forgot about the site until 2017 when a ponzi was advertising Bitcoin. Bitcoin? The name rang a bell and you stated hearing stories. You remembered you must have many bitcoins  somewhere but you can't even remember the name of the site. How would you recover your BTC?
Lol, when I first heard that bitcoin was giving away thousand and millions of dollars to anyone that has held it before for a long time, and I was not sure if I ever bought as at the time I heard of bitcoin, because I must tell you that I really heard of bitcoin in 2010 too which I never paid much attention to even when they were giving it out free.

When I heard of bitcoin later, the first thing that I did was to start searching my mail to see if I have any related email to cryptocurrency or most of these Ponzi sites that I have joined before of which you must have surely link some to your email, so email is still the best bet for you to search through to see if you have participated in any of those projects, if you are not the type that threw a paper wallet away then.

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November 16, 2019, 02:38:02 PM
 #83

If we are going to be positive, there is still a way to recover those bitcoin of yours if, you still use the same device when you signed in in that website that you were saying, check your browser's history (please don't tell me you like browsing in incognito) otherwise, it is all lost, time to move on and start to work to earn bitcoins rather than  wondering about the past and reminiscing.

You've got almost the same scenario of a guy who paid 1,000 bitcoin for a slice of pizza.
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November 16, 2019, 05:54:26 PM
 #84

after you check one email at a time based on that year, you only find website links that are no longer active. I didn't read a single comment that managed to access it again, it's all the same. The normal procedure is still using password recovery because at that time many accounts did not use private keys, only the asset reedem model on the website account was used.


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November 17, 2019, 12:07:30 AM
 #85

If you still remember the site and still remember Gmail when you list, then you can research the password to get the login access again. The important site is still active to open.

How :

1. Open website
2. Click Forgot Password
3. Browse Gmail when you sign up for password research
4. Login to gmail get password research link.
5. Click the link then fill in the new password.
6. Try signing in again.
7. Done

Thanks

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Artemis3
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November 17, 2019, 12:33:58 AM
 #86

I was in a similar situation a few years ago, and I failed to recover the coins despite trying everything I could. I received some altcoins as a bonus for my work and forgot about them. Later during the 2017 bubble the price of those coins skyrocketed, and I tried to access them, but couldn't find the wallet file on my computer. I used hard drive recovery tools and found some wallet.dat file, but it was corrupt and couldn't be opened. Looking at hex dump, it looks like large parts of it were already overwritten by other data.

So, generally recovery will either be very easy if you have the right password and wallet, or effectively impossible.

No, what you need is the seed words for each wallet, nothing else.

You are supposed to write those seed words down when you create the wallet, and store them in a very secure place. Preferably then make another copy with your own hands and store that paper in another, physically separate secure place.

If you fail to do that, you are bound to lose your coins. Neither the password no the wallet backup are important, the seed words can regenerate the wallet, anywhere, passwordless. The password is simply something to keep the wallet encrypted while in use, or someone casually using it while you go a moment away from your desktop. Its not needed to recover access to it as long as you keep those words.

The older wallets wouldn't show you the seed words but could export the privkey, which when printed, could more or less achieve the same. But that is much easier to steal, so it has fallen in disuse. No one should be directly handling private keys, only seed words.

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BeetcoinScummer
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November 17, 2019, 12:50:28 AM
Merited by vapourminer (1)
 #87

In 2010, you came across a site that was giving away bitcoins. The site said it was free money so you signed up. You were logging in to figure out how it was money but couldn't. The last time you logged in you had more than 100 bitcoins. Later you forgot about the site until 2017 when a ponzi was advertising Bitcoin. Bitcoin? The name rang a bell and you stated hearing stories. You remembered you must have many bitcoins  somewhere but you can't even remember the name of the site. How would you recover your BTC?

Back in 2010 there probably no sites that gave you bitcoins to store in an online account. There were faucets that gave out 5 BTC but those coins were sent to an address that was probably on a full node or SPV client, meaning that you held the keys. Back then the mentality was that you were responsible for your private keys.

This situation is purely hypothetical.
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November 17, 2019, 02:26:09 AM
 #88

What? What will I do? The growth of BTC depends on its necessity. Blokchain technology is gaining worldwide attention. For me, some BTC and keeping it for a long time is a pleasure!

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Eugenar
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November 17, 2019, 02:54:40 AM
 #89

What? What will I do? The growth of BTC depends on its necessity. Blokchain technology is gaining worldwide attention. For me, some BTC and keeping it for a long time is a pleasure!

I see your comment to the OP's post is quite far from the topic, you can't recover bitcoin through explaining how blockchain technology is becoming eminent.

Going back to the topic, the chances that you can recover bitcoin through faucets is pretty low, most of the time, faucets are becoming obsolete that already don't have funds to provide as a result, they close their sites. If that happens, all your bitcoins stored in that even if you have an account will be useless.
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November 17, 2019, 03:03:23 AM
 #90

there was one guy on the past that earned alot of bitcoin and he stored the private key and his wallet on his old computer but he have no idea that bitcoin will be worth so much now  . after knowing the price pumped up , he rush on his basement to find the old computer but he find out that he thrown in away on the garbage  . that scenario is verry simillar to us   . i think we can do anything just to recover those old bitcoins that we have left out but as long as it is  still recoverable .
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November 17, 2019, 06:33:25 AM
 #91

In 2010, you came across a site that was giving away bitcoins. The site said it was free money so you signed up. You were logging in to figure out how it was money but couldn't. The last time you logged in you had more than 100 bitcoins. Later you forgot about the site until 2017 when a ponzi was advertising Bitcoin. Bitcoin? The name rang a bell and you stated hearing stories. You remembered you must have many bitcoins  somewhere but you can't even remember the name of the site. How would you recover your BTC?

I think it's better if you forget it because the site just doesn't remember you then how you can access it. and that has been happening for 9 years. I think even though you finally remember the site and also the password is not necessarily your bitcoin there. because currently bitcoin is very valuable it is possible that the site owner has taken your bitcoin. so I suggest it's better to forget and there's no point in continuing to think about something that has already been lost.

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November 17, 2019, 05:33:15 PM
 #92

there was one guy on the past that earned alot of bitcoin and he stored the private key and his wallet on his old computer but he have no idea that bitcoin will be worth so much now  . after knowing the price pumped up , he rush on his basement to find the old computer but he find out that he thrown in away on the garbage  . that scenario is verry simillar to us   . i think we can do anything just to recover those old bitcoins that we have left out but as long as it is  still recoverable .
That case was very famous as well and it is a lesson for all of us, always have backups of your most important information, that way if one of you backups fail then you have nothing to worry about it since you can still recover your coins, and about this hypothetical case this should be a lesson for all of us as well, you need to store your coins locally, I know this can be difficult since you will need to take many steps to secure your coins but when you listen to stories like these you realize you have no other option.

If you store your coins in an online wallet and that site disappears then most likely you will never recover them.

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November 17, 2019, 11:58:19 PM
 #93

In 2010, you came across a site that was giving away bitcoins. The site said it was free money so you signed up. You were logging in to figure out how it was money but couldn't. The last time you logged in you had more than 100 bitcoins. Later you forgot about the site until 2017 when a ponzi was advertising Bitcoin. Bitcoin? The name rang a bell and you stated hearing stories. You remembered you must have many bitcoins  somewhere but you can't even remember the name of the site. How would you recover your BTC?
If the cause is due to forgetting the website, then the possibility to get back the Bitcoin that you have will be very small. And what's more if you forget the email and password you used at the time, then you can be sure you can't get your Bitcoin back.

Unless you have private keys on a Bitcoin wallet in 2010, you can still recover even though of course it takes a long time with blockchain integration in your wallet from 2010 to the present.

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goaldigger
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November 18, 2019, 01:03:54 AM
 #94

In 2010, you came across a site that was giving away bitcoins. The site said it was free money so you signed up. You were logging in to figure out how it was money but couldn't. The last time you logged in you had more than 100 bitcoins. Later you forgot about the site until 2017 when a ponzi was advertising Bitcoin. Bitcoin? The name rang a bell and you stated hearing stories. You remembered you must have many bitcoins  somewhere but you can't even remember the name of the site. How would you recover your BTC?
How can I forget such big amount of money, and I'm sure I have so many back-up of my wallet that time. Well, this is a situational example and it is given that we should protect our money to anyone despite of limited knowledge about of bitcoin. Mate, if you have big amount of bitcoin like that then you must use all the top setting to secured that wallet, and if you forget any of your private keys then it will be hard for you to recover it and the worst scenario is that, your bitcoin is totally gone now.

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BlackFor3st
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November 18, 2019, 01:08:54 AM
 #95

In 2010, you came across a site that was giving away bitcoins. The site said it was free money so you signed up. You were logging in to figure out how it was money but couldn't. The last time you logged in you had more than 100 bitcoins. Later you forgot about the site until 2017 when a ponzi was advertising Bitcoin. Bitcoin? The name rang a bell and you stated hearing stories. You remembered you must have many bitcoins  somewhere but you can't even remember the name of the site. How would you recover your BTC?

It's quite difficult to solve this kind of problem as it's a matter of memory loss while losing your bitcoins that worth's almost a million dollar base on the current price but more than a million dollars last 2017.

If I were in this kind of scenario, I will do everything to recover it. First, I will check whether the computer that I use is still there and dig up it's history in case it is still there. Or I will hire some tech addict to do the digging and will give a huge reward if they can recover it.

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November 18, 2019, 01:51:42 AM
 #96

In 2010, you came across a site that was giving away bitcoins. The site said it was free money so you signed up. You were logging in to figure out how it was money but couldn't. The last time you logged in you had more than 100 bitcoins. Later you forgot about the site until 2017 when a ponzi was advertising Bitcoin. Bitcoin? The name rang a bell and you stated hearing stories. You remembered you must have many bitcoins  somewhere but you can't even remember the name of the site. How would you recover your BTC?
I think its impossible to recover that because you don't even know what the site is. Or maybe for a long time you forgot also your email there i think you can not recover it. You need first remember what site it is and the second one remember what email you used when signing up there and if the email are active.
If you remember all that you can easily recover that bitcoin but once you forget one of then i told you its not easy to recover it.
cotton ball
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November 18, 2019, 04:59:51 AM
 #97

When my assets investment have lower price I think holding is best way how to keep safety and get profit later, I think many investor keep patient waiting when their assets back to higher price, I don't care about how lower price drop of my assets by I keep holding my assets until price back to higher and get profit again.
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November 18, 2019, 06:38:29 AM
 #98

In 2010, you came across a site that was giving away bitcoins. The site said it was free money so you signed up. You were logging in to figure out how it was money but couldn't. The last time you logged in you had more than 100 bitcoins. Later you forgot about the site until 2017 when a ponzi was advertising Bitcoin. Bitcoin? The name rang a bell and you stated hearing stories. You remembered you must have many bitcoins  somewhere but you can't even remember the name of the site. How would you recover your BTC?
It's impossible to recover because every site will definitely make regular changes to its website data.
Better to find another way to get it again somewhere else than to spend the time to recover it. Wink

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November 18, 2019, 06:58:25 AM
 #99

2010 is quite old unless that site still operates despite all these years, all those bitcoins are probably lost. There is little to no chance that the website is still up, however you could always try. In the event that you found out it is still open, your best bet is to try and make use of the forget password option. Other websites also offer feature to find lost account's username in case you already forgot your username, however that's highly unlikely.



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Rainbot
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November 18, 2019, 07:02:40 AM
 #100

If you were able to buy 100 BTC it had to be before 2013 or earlier than that. My logic is simple. In 2013 Bitcoin was worth $300 for most of the year and later it was only more and more expensive. 100 bitcoin in 2013 would be at least 30k USD so nobody would forget that kind of money.
If you forgot about it after leaving it on some site that site was a pool or blockchain.com wallet, maybe an exchange but there were almost no exchanges at that time and BitcoinMarket and MtGox are long gone. Maybe you can remind yourself if it was an exchange or a pool at least. If you bought or earned the coins.
this is what I think. even when you remember a site that stores 100 bitcoin that you own, it doesn't guarantee whether the 100 bitcoin still exists or not. in this case, so many sites have turned into scams, even most of them are popular sites. however, you can search for sites that offer free bitcoin, or old exchangers on search engines, so you might be able to remember the name. but, don't get your hopes up with it.
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