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Author Topic: Another wallet key lost.  (Read 519 times)
joseyphil82 (OP)
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February 11, 2020, 06:51:45 AM
 #1

Yesterday someone I knew uninstalled his wallet from his android phone mistakenly and he told me to help him recover his wallet but guess what? he did not write out the wallet recovery phrase, the wallet consist of 640$ worth of bitcoin, he was broken, felt pity for him, how can someone not take recovery seed serious? that's what came out of my mouth, Really I felt pity for him because he went through a lot to gather that bitcoin, people need to start taking wallet keys or phrases very serious, newbies should please understand that without these keys you lose your money, time and energy

Kupid002
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February 11, 2020, 07:29:58 AM
 #2

Yesterday someone I knew uninstalled his wallet from his android phone mistakenly and he told me to help him recover his wallet but guess what? he did not write out the wallet recovery phrase, the wallet consist of 640$ worth of bitcoin, he was broken, felt pity for him, how can someone not take recovery seed serious? that's what came out of my mouth, Really I felt pity for him because he went through a lot to gather that bitcoin, people need to start taking wallet keys or phrases very serious, newbies should please understand that without these keys you lose your money, time and energy
If its an android app its ok as long as you didn't uninstall the application you use or never reformat your phone it will not gone as long its continue running. But for real security of your asset you need to save all important things because its your money involve.

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buleidada
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February 11, 2020, 07:58:59 AM
 #3

maybe it happened that your friend deleted the wallet with the reason that only tokens or coins that have no price and after a while there is a price, that's what people usually do not think there is a price but valuable. if it's like that can not be recovered better give advice  in order to save the correct phrase so that the same thing does not happen
chennappa121
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February 11, 2020, 08:00:34 AM
 #4

I think this not a new story in crypto world because we can see many stories like this every day. So people should understand the importance of keys and recovery seeds, it will take few minutes to take backup and keep it in safely if anything unfortunate happens we can recover our funds. So people should learn lessons from this kind of mistakes.

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teddybu
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February 11, 2020, 08:02:07 AM
 #5

Yesterday someone I knew uninstalled his wallet from his android phone mistakenly and he told me to help him recover his wallet but guess what? he did not write out the wallet recovery phrase, the wallet consist of 640$ worth of bitcoin, he was broken, felt pity for him, how can someone not take recovery seed serious? that's what came out of my mouth, Really I felt pity for him because he went through a lot to gather that bitcoin, people need to start taking wallet keys or phrases very serious, newbies should please understand that without these keys you lose your money, time and energy
If its an android app its ok as long as you didn't uninstall the application you use or never reformat your phone it will not gone as long its continue running. But for real security of your asset you need to save all important things because its your money involve.
i thing it's already uninstaled, so all datas will be removed from memory.
teddybu
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February 11, 2020, 08:09:24 AM
 #6

what is kind the wallet? it's still chance if the wallet have service login with ID/Email/ password. you can do login with that. goodluck
Question123
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February 11, 2020, 08:53:11 AM
 #7

Make sure next time tell to him to secure all the details of the wallet because $640 is not small  amount of money and it is very big money  to me and that amount of money is not easy to earn you hardwrok and good capital to earn like that money .

Many wallet lost their key just like other before who forgot their key because the bitcoin before was very low value and once they saw the value is very high they got nothing because they did not believe to the bitcoin. I don't know how to recover the wallet like that but I hope he can recover.
awakpane
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February 11, 2020, 08:59:51 AM
 #8

In my opinion, what a person is experiencing is that he is too careless and careless. it hurts when we lose assets due to the mistakes we make. therefore be an experience so that in the future the same thing will not happen again.
Kupid002
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February 11, 2020, 09:06:27 AM
 #9


i thing it's already uninstaled, so all datas will be removed from memory.

thats the real problem if he remove all data from that application that stored in that wallet is gone now. The only way to recover that balance is if someone new the phrase or private key of that wallet.
Since the owner dont know the wallet phrase  impossible to recover that wallet again.
I feel bad for him its not small amount to easily forget.

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Learn how to become your own bank and
implement a private investment strategy

   

 
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     █
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thisnewcoin
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February 11, 2020, 09:13:01 AM
 #10

Yes, he did a horrible mistake. This is normal for many newbies, many friends of mine did this when they were a newbie. But 640$, it's huge money comparing the recent condition of the market. Everyone should care about the phrase code/private keys. Many people do copy the address first not the private key, which is a mistake. I prefer Mewconnect where you can save the phrase code later!

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istiak2277
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February 11, 2020, 09:49:20 AM
 #11

I have used a lot of wallets and still using a lot of multi-wallet like trust wallet, MEW, Coinomi, etc. I always back up my recovery phrase or key in a folder and keep it in my google drive so that it can be recover anytime. It takes only couple of minutes so if you are lazy then this can happen and you lost your money. If he does not have time to back up his phrase then he should use any hardware wallet.

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o.ogurlu
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February 11, 2020, 10:03:21 AM
Last edit: February 11, 2020, 10:25:11 AM by o.ogurlu
 #12

Sorry for the loss of your friend, 640$  is a big amount. And unfortunately, we hear such events a lot. Especially newbies are not pay much attention to wallet keys. And in the end, the investments they have made quite difficult can turn into garbage due to a mistake.
lonte77
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February 11, 2020, 10:12:57 AM
 #13

maybe you feel pity to your friend, but i think it's fully your friend fault. this happen commonly to people who didn't secure their wallet security properly.
sometimes they didn't wrote the recovery seed, sometimes they didn't enable authenticator, etc. this is about our money and it's very valuable. so please, don't be careless.
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February 11, 2020, 10:19:34 AM
 #14

And this is why I have written my wallet seed phrases and private keys (ETH) in 2 pieces of paper.
One is in the care of my wife. (which really takes care of papers that I handed to her)
And another to me in my stash of important things and passwords included.

Literally a piece of paper. People nowadays just want to save it in phones and computers but not me.
Old style is still the safest.
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February 11, 2020, 10:34:19 AM
 #15

Yesterday someone I knew uninstalled his wallet from his android phone mistakenly and he told me to help him recover his wallet but guess what? he did not write out the wallet recovery phrase, the wallet consist of 640$ worth of bitcoin, he was broken, felt pity for him, how can someone not take recovery seed serious? that's what came out of my mouth, Really I felt pity for him because he went through a lot to gather that bitcoin, people need to start taking wallet keys or phrases very serious, newbies should please understand that without these keys you lose your money, time and energy

If your friend uninstalled it, I doubt that he can recover his money, so sorry for his lost.

I guess we have the same question, that's a lot of money how come he didn't take care of it? Of course, that is the first thing to do if you wanted to involved yourself in crypto, learn and understand how to protect your assets, like your passwords, seeds, recovery phrases.

It is an expensive lessons to learn, and I do hope that next time, he will take care of everything.
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February 11, 2020, 10:37:24 AM
 #16

Yesterday someone I knew uninstalled his wallet from his android phone mistakenly and he told me to help him recover his wallet but guess what? he did not write out the wallet recovery phrase, the wallet consist of 640$ worth of bitcoin, he was broken, felt pity for him, how can someone not take recovery seed serious? that's what came out of my mouth, Really I felt pity for him because he went through a lot to gather that bitcoin, people need to start taking wallet keys or phrases very serious, newbies should please understand that without these keys you lose your money, time and energy
If its an android app its ok as long as you didn't uninstall the application you use or never reformat your phone it will not gone as long its continue running. But for real security of your asset you need to save all important things because its your money involve.

That is right, that should be the first thing that you need to educate yourself. I'm sure that the OP's friend knew it first hand, but he didn't take it seriously resulting in a massive lost on his part. And with Bitcoin's price going to five digits again, I'm sure that he regret what he had done prior and after.

It's impossible to brute force it, I can feel your sentiment to his friends, but we can't do anything at this point but to shake our heads for his simply but costly mistakes.

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February 11, 2020, 12:25:33 PM
 #17

This is why we insist people first get knowledge on how bitcoin works before investing in it, but no one wants to learn from experience bitcoinist but want to just open wallet and buy bitcoin and benefit from the booming market. It's a case of carelessness. He should be thought the working principles of cryptocurrency.
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February 11, 2020, 12:31:21 PM
 #18

Which Android wallet was it.?

The problem with the crypto community is there are no concrete baby stepping websites to make newbies to follow in their early days. Education is a must issue right now to control these type of bad luck's from happening.
If the wallet files are still on the device then there may be some hope that it can be recovered otherwise tell your friend to forget about it.
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February 11, 2020, 12:36:21 PM
 #19

Even if he reinstalled the waller again he won't have access to his fund again unless its web wallets like freewallet or Xapo that only needs email and password to login, what a waste, that bitcoin can easily grow bigger in few months time
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February 11, 2020, 01:17:49 PM
 #20

How long ago did your friend collect his bitcoins? And why did he neglect to keep them safe? Is he just a superficial person or a fool ?
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