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Author Topic: I'm back into Bitcoin!  (Read 338 times)
LucidLynx (OP)
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September 13, 2021, 09:31:07 PM
Last edit: September 13, 2021, 11:28:47 PM by LucidLynx
Merited by wnet (10), o_e_l_e_o (4), RickDeckard (2)
 #1

Hello everyone, I recently did a cleanup on my external hard drive and I found a wallet.dat file.

At first I didn't have any idea of what this was, so I went ahead and deleted the file and continued my cleanup. I was still pretty intrigued by the filename, "wallet" so I looked up the exact name of the file: 'wallet.dat'. The first search result was this: https://en.bitcoin.it/wiki/Wallet. I read that it's basically a file containing all of the important information related to a Bitcoin wallet. I also read that this file is normally located in the Bitcoin Core wallet directory, so I went ahead and installed the latest version of Bitcoin Core and looked in my trash bin folder, and sure enough, the wallet.dat file was in there. I had to wait 2 days or so for it to sync to the blockchain. Unfortuantely, I knew did not mine any BTC back then, I could only remember visiting a faucet a few times.

Today I woke up to this: 2.49 BTC sitting in the balance field. Man, I knew Bitcoin wasn't worth 20$ anymore! Let me tell you, this made my day, probably, my week or even this entire year!

Is there anything I need to do now that I'm holding a pretty big amount of Bitcoin? I've read that hardware wallets are the safest, should I buy one? Is there anything I need to know?
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September 13, 2021, 10:03:53 PM
 #2

Congratulations, not everyone is able to retrieve their bitcoins if it's been on their hard drives for a long time. And yes, you should get a hardware wallet if you want to and I also own one because it's a good way to store your bitcoins. My suggestion either Trezor or Ledger Nano S. I own the Nano S version and there's some issues with Nano X.

Reference: Ledger Nano X Battery Pandemic

But if you have decided not to buy one, make sure that you're keeping the private key or seeds of it in a safe place, take note of it on a piece of paper that you'll keep and make sure to do a backup. Better not back it up on your cloud storage and email.

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September 13, 2021, 10:06:50 PM
Last edit: September 13, 2021, 10:16:55 PM by RickDeckard
Merited by o_e_l_e_o (4)
 #3

Is there anything I need to do now that I'm holding a pretty big amount of Bitcoin? I've read that hardware wallets are the safest, should I buy one? Is there anything I need to know?
First of all, congratulations on your finding OP. I sure hope that you've managed to install the "official" version of Bitcoin Core and none of those fake ones that only exist to steal your balance. Verifying a program executable before installing gives you 100 % that the file that you've just downloaded is the one that the developer intended for you to have instead of being an malicious executable that somehow managed to "insert" into the download page of the "official" version to make it look real. If you want to try your hand at verifying the version of Bitcoin Core that you've got you can try this guide[1].

Now you seem that you've fairly new to this whole concept of hardware wallets and remaining terminology related to crypto so my advice for you is to take things slowly and learn as you go. For example, the forum provides a great there where you can learn all about Bitcoin Wallets right here[2]. In your specific case, we call Bitcoin Core a desktop wallet - you basically downloaded it and went ahead installing it on your PC. As Lauda has put it:
Quote
Bitcoin Core
Bitcoin Core is the “official” Bitcoin client and wallet, though isn’t used by many due to slow speeds and a lack of features. Bitcoin Core, however, is a full node, meaning it helps verify and transmit other Bitcoin transactions across the network and stores a copy of the entire blockchain. This offers better privacy since Core doesn’t have to rely on data from external servers or other peers on the network. Bitcoin Core routed through Tor is considered one of the best ways to use Bitcoin privately.
I think that you have two options here:
  • First one - You can simply send your bitcoins that you have in your wallet directly to a hardware wallet
  • Second one - You can install Electrum, send the coins from wallet.dat address to your new address (provided by Electrum) and then decide what to do with them (either let them stay in the new addresses or send them to a hardware wallet). The reason that I've spoken about this second option is that by doing this you'll have your coins on a easier desktop wallet program to use, plus it's faster.

If you do end up going by the second route, I highly advice you following the following guides (in order):

Regarding hardware wallets they are just as secure as the user actions towards them - If you do end up visiting a look a like (fake) website from a hardware wallet manufacturer, such as Trezor, and you end up entering your seed phrases, you'll be sending them to someone over the internet that will be able to use them to have access to your BTC balance. Imagine that the seed phrases are a set of words (that most likely you don't remember for your current wallet.dat file) that allows you to control your BTC wealth (similar to your PIN code in an ATM). You'll get seed words from your Electrum wallet if you've followed the previous link that I've shown you. The main difference between a desktop wallet and a hardware wallet is how they generate these seed phrases - while the desktop wallet generates them in your PC (and you never know if your PC is infected), a hardware wallet generates those seed phrases in an offline place (the hardware device itself). These seed phrases never leave the device and all the transactions are signed in it as well.

So yeah, hardware wallets are great, but as long as you are very careful with the generated seed phrases. There are two well know hardware wallet manufacturers:

Even when you're buying these devices you should be really careful and make sure that you're getting them from either an official reseller - or better yet - from the real website. Any kind of wallet that comes to you already with the seed phrases written is a scam and you should never use it.  The forum has it's very own thread regarding hardware wallets here[3]. There is also a

I reckon this is a massive pile of information (but I believe it looks like somewhat understandable) for someone that is starting out in some concepts. Do take your time to read and whenever in doubt just put your question here and I'm sure someone will help you out. Just three more final remarks from my side:
  • Remove the mention of how many BTC you have. You'll put a target on your back by getting in the sight of scammers;
  • Don't reply to any kind of PM pretending to help you. They'll most likely try to rob you of your BTC.
  • Depending on how hold your BTC are, you may be edible to claim forked coins - such as Bitcoin Cash for example (and others). You can see if you're "edible" by pasting here[4] one address of yours and see the results. However be advised that this is not a "beginners" step (from my point of view) and you should only do it when you're more comfortable with crypto ...

[1]https://www.reddit.com/r/Bitcoin/wiki/verifying_bitcoin_core
[2]https://bitcointalk.org/index.php?topic=1631151.0
[3]https://bitcointalk.org/index.php?board=261.0
[4]https://someone235.github.io/btc-forks-balance/

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September 13, 2021, 10:25:31 PM
 #4

The statement you back into bitcoin really indicates that you were here before or you were dealing with bitcoin before but at of sudden you slides, but since you are back again, i can only tell you to learn all the procedures of bitcoin and start at fresh so that you will understand the basic concepts of bitcoin including the forum rules and regulations, so i will encourage you to follow the full step's others to do what is obtainable.

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electronicash
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September 13, 2021, 10:38:59 PM
 #5

The statement you back into bitcoin really indicates that you were here before or you were dealing with bitcoin before but at of sudden you slides, but since you are back again, i can only tell you to learn all the procedures of bitcoin and start at fresh so that you will understand the basic concepts of bitcoin including the forum rules and regulations, so i will encourage you to follow the full step's others to do what is obtainable.

he wouldn't be able to have such an amount if he didn't leave bitcoin. he probably had spent it when it's worth $1000 or had gambled it away already.
almost the same story with the girl who forgot her Bitcoin after the silkroad was closed. she was using her BTC to buy drugs during that time. after years she opened her wallet again from the same laptop and discovered she has a lot of money.

congrats!  comes as a surprise when all you just did was send a coin to your wallet practically worth $20 years ago and then now is worth more than $100K.  









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September 13, 2021, 11:05:20 PM
 #6


Today I woke up to this: 2.49 BTC sitting in the balance field. Man, I knew Bitcoin wasn't worth 20$ anymore! Let me tell you, this made my day, probably, my week or even this entire year!

Is there anything I need to do now that I'm holding a pretty big amount of Bitcoin? I've read that hardware wallets are the safest, should I buy one?
Yeah, you're right, Bitcoin was not worth $20 but it has been multiplied many times.

That was good to hear that you've recovered your balance and I think you need to secure it now by using hardware wallets. That amount is certainly worth it.

Quote
Is there anything I need to know?
You need to find a way how to secure your funds at this time. Not even you already have hardware wallets on you will everything is at 100% secure? No, you should have to take care of it, that mistakenly visiting pishing site might catch you.
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September 13, 2021, 11:21:32 PM
 #7

Today I woke up to this: 2.49 BTC sitting in the balance field. Man, I knew Bitcoin wasn't worth 20$ anymore! Let me tell you, this made my day, probably, my week or even this entire year!
That seems quite lucky. If you've still got some browser history or know of an email address you might have used, it might be an interesting idea to search your inbox to see if you can uncover any other funds - I've found some in the past in random places that I have come back to years later.

Is there anything I need to do now that I'm holding a pretty big amount of Bitcoin? I've read that hardware wallets are the safest, should I buy one? Is there anything I need to know?

Yeah hardware wallets are probably one of the best options at the moment but I'd also try to familiarise yourself with how everything works and how the hardware wallet works. Only buy them from the official websites too (no third party seller sites - they're still fairly cheap to ship internationally anyway).

I'd recommend trying not to visit random sites too, or to get a second laptop you can use just for crypto. It's possible messages can still be passed to a hardware wallet that might make you sign your coins across if you're not concentrating (the display on the hardware wallet normally says the amounts of funds and the address they're being sent to).
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September 13, 2021, 11:23:20 PM
 #8

You're very lucky that you've still recovery your wallet, you almost made mistake by deleting your wallet.dat file that possibly will be lost forever.

All you need to have is a hardware wallet just like suggested above the Trezor and the Ledger Nano, they're trusted and well-known wallets so far but if you want a big list of hardware wallets you might head upon this [BIG LIST] Hardware wallets (80+).

Probably that's 2.49 Bitcoin came from your collecting faucet before, it's really worth it before to join a faucet, but now I don't think still the same and I don't know how will it take before you can collect even 1 Bitcoin.

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September 13, 2021, 11:29:16 PM
 #9

You're very lucky that you've still recovery your wallet, you almost made mistake by deleting your wallet.dat file that possibly will be lost forever.

All you need to have is a hardware wallet just like suggested above the Trezor and the Ledger Nano, they're trusted and well-known wallets so far but if you want a big list of hardware wallets you might head upon this [BIG LIST] Hardware wallets (80+).

Probably that's 2.49 Bitcoin came from your collecting faucet before, it's really worth it before to join a faucet, but now I don't think still the same and I don't know how will it take before you can collect even 1 Bitcoin.

Oh, I forgot to say, I recovered the wallet.dat file from my trash bin.
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September 13, 2021, 11:49:31 PM
 #10

Hello everyone, I recently did a cleanup on my external hard drive and I found a wallet.dat file.

At first I didn't have any idea of what this was, so I went ahead and deleted the file and continued my cleanup. I was still pretty intrigued by the filename, "wallet" so I looked up the exact name of the file: 'wallet.dat'. The first search result was this: https://en.bitcoin.it/wiki/Wallet. I read that it's basically a file containing all of the important information related to a Bitcoin wallet. I also read that this file is normally located in the Bitcoin Core wallet directory, so I went ahead and installed the latest version of Bitcoin Core and looked in my trash bin folder, and sure enough, the wallet.dat file was in there. I had to wait 2 days or so for it to sync to the blockchain. Unfortuantely, I knew did not mine any BTC back then, I could only remember visiting a faucet a few times.

Today I woke up to this: 2.49 BTC sitting in the balance field. Man, I knew Bitcoin wasn't worth 20$ anymore! Let me tell you, this made my day, probably, my week or even this entire year!

Is there anything I need to do now that I'm holding a pretty big amount of Bitcoin? I've read that hardware wallets are the safest, should I buy one? Is there anything I need to know?

I think you should buy it right now, indeed that's safe compared with web wallet or any software wallet. You can back-up using hard copy and the control is really secured, which anybody couldn't breach.
What you need to know is, keeping that hardware wallet on safe storage is very important to avoid being exposed from weather conditions. Maybe you should put it in safe vault together with your precious gems if you have any.
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September 14, 2021, 03:37:55 AM
Last edit: September 14, 2021, 04:02:09 AM by COOLCRYPTOVATOR
 #11

It's call near-miss, now you know what you were going to lose. But if you weren't curious about the wallet file, then you can't realize what you lost. However, congrats, and good to know you got it back. You don't need to do anything if you can secure your wallet file and device. But since you are accustomed to deletes files then it's better to buy a hardware wallet like Ledger to store your Bitcoin. So there will not be the fear of file deletion. But then you have to secure your wallet and seed phrase in safe places. Losing the device and seed together will lead to lost everything.

Anyway, you didn't back to Bitcoin. Your luck forced you to back into Bitcoin.

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September 14, 2021, 03:58:56 AM
 #12

Welp, glad that you aren't me, any files that I deem useless since I permanently delete them ALWAYS. There's a method to recover them if windows (my OS) hasn't completely removed it, but it looked to be quite a pain to go through. Happy for you that at the very least, curiosity appeared at the right time, and that it didn't kill the cat (in this case, your wallet). If you're planning on holding then a hardware wallet is the best option, if not, then I'd still recommend getting a hardware wallet and only trade half of what you have right now, and hold the other.

R


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September 14, 2021, 04:07:51 AM
 #13

Today I woke up to this: 2.49 BTC sitting in the balance field. Man, I knew Bitcoin wasn't worth 20$ anymore! Let me tell you, this made my day, probably, my week or even this entire year!
Congratulations but is is a real story?

Such lost or lucky story with old Bitcoin wallet is very common. I don't request and I don't have rights to request you to show evidence and convince me that your story is real.

If it is real, you are very lucky because you found your wallet file and it was not encrypted and your Bitcoin was not stolen.

Enjoy it but don't sell your Bitcoin or use it to buy shit altcoins.
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September 14, 2021, 05:37:53 AM
 #14



Today I woke up to this: 2.49 BTC sitting in the balance field. Man, I knew Bitcoin wasn't worth 20$ anymore! Let me tell you, this made my day, probably, my week or even this entire year!
Your a F****** Lucky man dude 2 .49 bitcoin now? you are a 6 figure richer now mate and just because you cleaned your external drive  Grin

Do you have other drive? i will clean it for you for Free  Cheesy

congratulation mate , Hope that will ADD value to your living now.

Quote
Is there anything I need to do now that I'm holding a pretty big amount of Bitcoin? I've read that hardware wallets are the safest, should I buy one? Is there anything I need to know?

Indeed Hardware wallet mate, Have one now to keep safe your Bitcoin , and if you are still willing to Hold that then this is a Must now.

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September 14, 2021, 06:15:04 AM
 #15

If you are saying that you received those bitcoins through faucet activity, then you must have been in Bitcoin back in 2010 to 2014 or somewhere around then, with the Gavin Andressen faucet.  Roll Eyes 

I know Gavin's faucet gave out whole bitcoins, but you probably used other faucets that gave way less coins. I also received 1000 Sat/h from Freebitco.in back then and those Satoshis are almost worth US 50cents now... so if you claimed only 10 times a day for a year.. you will have had $1800 now.  Grin

I am frantically going through my old hard drives now....  Wink

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September 14, 2021, 06:59:40 AM
 #16

Congratulations OP, I'm glad you finally got bitcoin back. I think the most profitable way to invest in bitcoin is to buy it, forget it, and come back to see it years later. Of course, the premise is to keep it. If I were you, I would sell one bitcoin and keep the rest.
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September 14, 2021, 07:04:58 AM
 #17

Unfortunately, I have like scan 10 drives in 2017 and try to see if there is a wallet.dat file, but there's none. And good to hear the case of OP here, yeah, you can earn through faucets years ago and then totally forget about it years later and then rediscovered your hard drive and now you are rich instantly. For sure there could be cases like this in the past, with more bitcoins.

So the next best thing to do is to invest on a hardware wallet to store your precious BTC.

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September 14, 2021, 07:15:06 AM
 #18

Unfortunately, I have like scan 10 drives in 2017 and try to see if there is a wallet.dat file, but there's none. And good to hear the case of OP here, yeah, you can earn through faucets years ago and then totally forget about it years later and then rediscovered your hard drive and now you are rich instantly. For sure there could be cases like this in the past, with more bitcoins.

So the next best thing to do is to invest on a hardware wallet to store your precious BTC.
Of course, it's luck that the op received and usually something old is less likely to find again because some problems, especially obviously the computer where the file was placed may have been deleted or copied with new files that we don't realize. it was clear that luck had brought about something that was certain to make a huge profit because its current value was already high.

I agree with you if you can afford to buy hardware and can store it safely there and there is no fear anymore as long as the device remains in yourself.
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September 14, 2021, 07:25:08 AM
 #19

Congratulations man. This is really big. Many people who bought Bitcoin back then have ended up losing their backup, while some others (like you) forgot that they had a wallet or even bought Bitcoin. It's also really cool to see that you still want to hodl it. It's not wrong to sell but it is more thoughtful to hodl since you're not in a loss (and you cannot be in the loss due to the RIO so far). Congratulations again and welcome back to Bitcoin! Wink



 

 

 

 

 

 


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September 14, 2021, 07:45:56 AM
 #20

This is great news for you that you suddenly own more than 2 Bitcoins at this time when prices are above $45k at this time and now you have high funds balance with you.You were lucky to recover wallet.dat file from the trash as if you have not searched for it and have cleared the trash this won't happen with you on on worse stage so now take care of funds and have proper backup on hardware wallet and your seed phrases store in best possible way.

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September 14, 2021, 07:53:59 AM
 #21

Hello everyone, I recently did a cleanup on my external hard drive and I found a wallet.dat file.

At first I didn't have any idea of what this was, so I went ahead and deleted the file and continued my cleanup. I was still pretty intrigued by the filename, "wallet" so I looked up the exact name of the file: 'wallet.dat'. The first search result was this: https://en.bitcoin.it/wiki/Wallet. I read that it's basically a file containing all of the important information related to a Bitcoin wallet. I also read that this file is normally located in the Bitcoin Core wallet directory, so I went ahead and installed the latest version of Bitcoin Core and looked in my trash bin folder, and sure enough, the wallet.dat file was in there. I had to wait 2 days or so for it to sync to the blockchain. Unfortuantely, I knew did not mine any BTC back then, I could only remember visiting a faucet a few times.

Today I woke up to this: 2.49 BTC sitting in the balance field. Man, I knew Bitcoin wasn't worth 20$ anymore! Let me tell you, this made my day, probably, my week or even this entire year!

Is there anything I need to do now that I'm holding a pretty big amount of Bitcoin? I've read that hardware wallets are the safest, should I buy one? Is there anything I need to know?
that's a big surprise for you mate and congrats you still recovered it, anywaysi suggest to just stay where you stored you bitcoin as long it's safe and very secured wherein you know there's no problem with it.. Just make backup instead incase of what happen again next because you know that amount is too big mate, just imagine 2.49btc so its a big mistake if you loss it again without any backup how to recover it.. So make it your priority for now..
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September 14, 2021, 08:26:18 AM
 #22

Today I woke up to this: 2.49 BTC sitting in the balance field. Man, I knew Bitcoin wasn't worth 20$ anymore! Let me tell you, this made my day, probably, my week or even this entire year!

Is there anything I need to do now that I'm holding a pretty big amount of Bitcoin? I've read that hardware wallets are the safest, should I buy one? Is there anything I need to know?
Congratulations to you. You found a treasure inside your HardDisk. What you need to do right now is calm down and enjoy your time to see your 2.49 BTC. You do not need to buy a hardware wallet if you are sure your computer is safe from any malware or virus.

Then you can use 0.49 BTC to withdraw the money for your daily life or learning about trading to increase the amount because 0.49 BTC now is a lot of money.

Do not tell others you have BTC because that can lead them to be curious and will search for more. It is better to keep it silent and only you know the secret.

Do not attract to invest in any coins if you do not search for more info because the crypto market already increases so maybe you can invest in the next year while you can enjoy your money by withdrawing to your bank account. My suggestion is not to withdraw all of the money at once by doing it separately so that will not your banks suspicious.

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September 14, 2021, 11:00:29 AM
 #23

Welcome back and all that!
 
Here's a tip: don't tell anyone what you got, guard that private key with your life (however you decide to do that later with a hardware wallet).
 
Oh and, you never really leave Bitcoin. Not until you chuck the keys out or sell everything. It's one heck of a thing to ever get into, you never really are the same after;)

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September 14, 2021, 11:06:02 AM
 #24

Hello everyone, I recently did a cleanup on my external hard drive and I found a wallet.dat file.

At first I didn't have any idea of what this was, so I went ahead and deleted the file and continued my cleanup. I was still pretty intrigued by the filename, "wallet" so I looked up the exact name of the file: 'wallet.dat'. The first search result was this: https://en.bitcoin.it/wiki/Wallet. I read that it's basically a file containing all of the important information related to a Bitcoin wallet. I also read that this file is normally located in the Bitcoin Core wallet directory, so I went ahead and installed the latest version of Bitcoin Core and looked in my trash bin folder, and sure enough, the wallet.dat file was in there. I had to wait 2 days or so for it to sync to the blockchain. Unfortuantely, I knew did not mine any BTC back then, I could only remember visiting a faucet a few times.

Today I woke up to this: 2.49 BTC sitting in the balance field. Man, I knew Bitcoin wasn't worth 20$ anymore! Let me tell you, this made my day, probably, my week or even this entire year!

Is there anything I need to do now that I'm holding a pretty big amount of Bitcoin? I've read that hardware wallets are the safest, should I buy one? Is there anything I need to know?

Congratulations.  It's hard to believe stories like this when you read them on the internet, but I'm sure there's plenty of Bitcoin left on old hard drives all over the place.  I think this phenomenon is definitely partly responsible for the massive increase in market cap over the years.  I think the real market cap of Bitcoin is most likely quite a bit lower than what is stated, and more than other coins due to the fact that many of the early adopters of Bitcoin left long before altcoins were a thing and it looked like Bitcoin would be here to stay.

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September 14, 2021, 11:10:38 AM
 #25

You should buy one but be careful not to get a tampered one because you're going to lose all those bitcoin when you use those tampered HW. Remember to be careful with your bitcoins now that it's considerably a lot of money. Congratulations that you were able to still get those bitcoins because from my experience, those that have them for a long time have forgotten the password to access those stuff.

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September 14, 2021, 11:18:42 AM
 #26

So basically you were an early Bitcoin user,but you don't know what a wallet.dat file is?This is weird.
It must have been crazy to earn 2.5 BTC just by using Bitcoin faucets back in 2010-2011.
You didn't tell the story about how did you get interested in Bitcoin 10 years ago.
Congratulations on your discovery.This is like winning the lottery,but be careful with how are you spending those BTC.
If I remember this correctly,the saying was "Easy come,easy go."
Money that are earned very easy usually get spent pretty easily.

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September 14, 2021, 12:46:20 PM
 #27

Today I woke up to this: 2.49 BTC sitting in the balance field. Man, I knew Bitcoin wasn't worth 20$ anymore! Let me tell you, this made my day, probably, my week or even this entire year!

Welcome back after 10 years, it is really rare to see such old profiles activated after such a long time. Congratulations also on finding the hidden treasure, and that unlike some people you did look at what is on the HDD before you format it or throw it in the trash - it pays to be precise and thorough in life.

In your place, I would consider buying a hardware wallet or in case you have an old computer to make an airgapped wallet, which is a bit more complicated, but even safer than a hardware wallet.



If you are saying that you received those bitcoins through faucet activity, then you must have been in Bitcoin back in 2010 to 2014 or somewhere around then, with the Gavin Andressen faucet.  Roll Eyes 

Probably, but not exclusively in that period - because between 2015 and 2017 I managed to collect a significant amount through faucets and thus earned my first BTC - and during 2015 in just one hour with a good faucet rotator it could be collected in a very easy way and more than 100 000 satoshis. The GA faucet gave 5 BTC per claim, I just don’t know how long it lasted - so OP was certainly not one of those lucky ones to get BTC that way.

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September 14, 2021, 01:18:58 PM
 #28

Damn, you must be a computer nerd and mined back in the day or something huh? Lucky mofo! That would certainly make more than my day lol.  That would certainly make my year and then some.  If you do move it to a hardware wallet I would not suggest Ledger like others have here.  Trezor and ColdCards are considered by most to be the two best hardware wallets out there.  I have a Trezor T and love it. 

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September 14, 2021, 02:28:25 PM
 #29

Damn, that's amazing. I wish I could wake up with 2.49 BTC as well  Grin  Unfortunately I didn't know about bitcoin back then.
It's good that you did not permanently deleted the wallet.dat file and were able to recover the bitcoins successfully.
As others have already mentioned the best thing to do would be to transfer those bitcoins to a hardware wallet but make sure you buy it from the official platforms only.
Check the website multiple times before placing an order for the hardware wallet and do reset the keys upon using your new hardware wallet.
Also, keep a backup of the keys by noting it down on a paper or something and store in a secure place.
Good luck with those precious bitcoins and use them wisely.

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September 14, 2021, 02:38:55 PM
 #30


Today I woke up to this: 2.49 BTC sitting in the balance field. Man, I knew Bitcoin wasn't worth 20$ anymore! Let me tell you, this made my day, probably, my week or even this entire year!

Is there anything I need to do now that I'm holding a pretty big amount of Bitcoin? I've read that hardware wallets are the safest, should I buy one? Is there anything I need to know?
What a lucky find this was for you!!!! Now that you have BTC, yes you do need to think about securing it and you've got 2 options either use your BTC to earn interest on it which comes at the risk of you leaving your coins on an exchange or get a hardware wallet and keep them there (much safer) but you don't earn anything. The call is yours but for sure do your research before deciding..
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September 14, 2021, 07:49:58 PM
 #31

Is this really a real story?
please provide some screenshots so we can know about your recovering wallet.dat.
It will be very lucky if you open a past wallet and find 2.49 Bitcoins. you will have a lot of money if you sell it now or wait for ATH to form again.
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September 14, 2021, 08:50:04 PM
 #32

Congrats OP & good for you, I’m happy you were able to recover some bitcoin. You should look to HODL at least 50% of that for future halving cycles. Don’t sell all of it this year.

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September 14, 2021, 10:45:00 PM
 #33

Hello everyone, I recently did a cleanup on my external hard drive and I found a wallet.dat file.

At first I didn't have any idea of what this was, so I went ahead and deleted the file and continued my cleanup. I was still pretty intrigued by the filename, "wallet" so I looked up the exact name of the file: 'wallet.dat'. The first search result was this: https://en.bitcoin.it/wiki/Wallet. I read that it's basically a file containing all of the important information related to a Bitcoin wallet. I also read that this file is normally located in the Bitcoin Core wallet directory, so I went ahead and installed the latest version of Bitcoin Core and looked in my trash bin folder, and sure enough, the wallet.dat file was in there. I had to wait 2 days or so for it to sync to the blockchain. Unfortuantely, I knew did not mine any BTC back then, I could only remember visiting a faucet a few times.

Today I woke up to this: 2.49 BTC sitting in the balance field. Man, I knew Bitcoin wasn't worth 20$ anymore! Let me tell you, this made my day, probably, my week or even this entire year!

Is there anything I need to do now that I'm holding a pretty big amount of Bitcoin? I've read that hardware wallets are the safest, should I buy one? Is there anything I need to know?
That's nice to know that you are back into bitcoin. Lucky you didn't permanently delete those files, or else it would have been such a trouble to recover those deleted files (or worse, you would have never know what was in that wallet!). Now the first thing to do is to move the coins to a more secure wallet. Like you said, hardware wallets are the best. If you are planning on holding it for long term, then cold wallets are the best. So go ahead, buy on those hardware wallets. Its not very expensive. And maybe you would like to convert a little portion of your bitcoin into some other altcoins for better gains (risks are involved).

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September 15, 2021, 02:38:01 AM
 #34

You're lucky that you're still able to open the wallet and recover the bitcoin's that you have, I wish I had that kind of amount but no I don't and I hope that you're able to make a good use of those bitcoins because 2 bitcoins can easily turn your life around.

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September 15, 2021, 04:08:57 AM
 #35

Hello everyone, I recently did a cleanup on my external hard drive and I found a wallet.dat file.

At first I didn't have any idea of what this was, so I went ahead and deleted the file and continued my cleanup. I was still pretty intrigued by the filename, "wallet" so I looked up the exact name of the file: 'wallet.dat'. The first search result was this: https://en.bitcoin.it/wiki/Wallet. I read that it's basically a file containing all of the important information related to a Bitcoin wallet. I also read that this file is normally located in the Bitcoin Core wallet directory, so I went ahead and installed the latest version of Bitcoin Core and looked in my trash bin folder, and sure enough, the wallet.dat file was in there. I had to wait 2 days or so for it to sync to the blockchain. Unfortuantely, I knew did not mine any BTC back then, I could only remember visiting a faucet a few times.

Today I woke up to this: 2.49 BTC sitting in the balance field. Man, I knew Bitcoin wasn't worth 20$ anymore! Let me tell you, this made my day, probably, my week or even this entire year!

Is there anything I need to do now that I'm holding a pretty big amount of Bitcoin? I've read that hardware wallets are the safest, should I buy one? Is there anything I need to know?

I would suggest if are a trader and can predict wait for it to go 50 and withdraw it later but for me, as an amateur trader it's risky, from my point of view it already hit 50$ USD it might be just playing on 45k to 49k USD but who knows there might be a rich guy out there playing with bitcoin again.

The other suggestion is to withdraw it now because you already got the return of investment and you can later invest it in bitcoin again if it goes down like 30k USD.  

After reading my suggestion go study trading and bitcoin learn, so you can fully decide what to do which is the best thing to do for your situation



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September 15, 2021, 04:31:55 AM
 #36

Hello everyone, I recently did a cleanup on my external hard drive and I found a wallet.dat file.

At first I didn't have any idea of what this was, so I went ahead and deleted the file and continued my cleanup. I was still pretty intrigued by the filename, "wallet" so I looked up the exact name of the file: 'wallet.dat'. The first search result was this: https://en.bitcoin.it/wiki/Wallet. I read that it's basically a file containing all of the important information related to a Bitcoin wallet. I also read that this file is normally located in the Bitcoin Core wallet directory, so I went ahead and installed the latest version of Bitcoin Core and looked in my trash bin folder, and sure enough, the wallet.dat file was in there. I had to wait 2 days or so for it to sync to the blockchain. Unfortuantely, I knew did not mine any BTC back then, I could only remember visiting a faucet a few times.

Today I woke up to this: 2.49 BTC sitting in the balance field. Man, I knew Bitcoin wasn't worth 20$ anymore! Let me tell you, this made my day, probably, my week or even this entire year!

Is there anything I need to do now that I'm holding a pretty big amount of Bitcoin? I've read that hardware wallets are the safest, should I buy one? Is there anything I need to know?
congratulation mate for your bitcoin recovery that is a really good digging as you have already forgot about that funds for long?
and accidentally finding the amount for good is indeed a lucky day for you.
You're lucky that you're still able to open the wallet and recover the bitcoin's that you have, I wish I had that kind of amount but no I don't and I hope that you're able to make a good use of those bitcoins because 2 bitcoins can easily turn your life around.
actually he had no idea at all not until ge go through the files , and he has no idea at first about that wallet if you will check his whole post.

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September 15, 2021, 06:41:04 AM
 #37

Congratulations, lucky! it is like waking up to be rich  Grin. Better save BTCBTC to my hard drive too.  Tongue If you are still interested in cryptocurrencies I would suggest to invest in some promising ICO's and you should also become a trader, but need to learn and study trading world first, that is if you are still interested. Well good luck!  Wink
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September 15, 2021, 06:51:55 AM
 #38

Congrats OP & good for you, I’m happy you were able to recover some bitcoin. You should look to HODL at least 50% of that for future halving cycles. Don’t sell all of it this year.
He has got lucky that he wakes up to having that much bitcoin in his Wallet that have suddenly changed his financial status so he could wait for another 1-2 years to gain evermore because those were eventually lost coins but now he has them back so why not hold them for some more time instead of selling at these dips.Just a friendly advice.

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September 15, 2021, 09:34:39 AM
 #39

You are very lucky, you have realized the things in my dreams.
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September 15, 2021, 09:54:44 AM
 #40

I often hear stories like this, when people look at the current bitcoin price of course anything he has ever done with bitcoin will be remembered, you are lucky to find more than $120k with a little work, this is a valuable lesson that assets that are currently worthless we have to take care.
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September 15, 2021, 10:15:39 AM
 #41

lucky that the first result showed was bitcoin because the word wallet.dat are too common and it can also mean for another wallet not just a bitcoin wallet but by the way is all the btc came from the faucet and on what year did you stop
? many people do claim in the faucets but they are not lucky as you , they forget their passwords and emails that they use back then .
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September 15, 2021, 11:29:44 AM
 #42

What a nice story to read and I can only imagine how I would react if i woke up to fine 2.49 BTC on my computer.

For things to know make sure you have a Hard wallet to store the computers offline.
if i woke up one day with more than 2 bitcoin ? i will hurt myself to check if i am still dreaming lol.

OP is now become more interested again in bitcoin from the long time of inactivity , now that

You are very lucky, you have realized the things in my dreams.
all of our dreams lol, hope i will have the same dream as how OP got His  Grin

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September 15, 2021, 12:09:23 PM
 #43

Congrats OP & good for you, I’m happy you were able to recover some bitcoin. You should look to HODL at least 50% of that for future halving cycles. Don’t sell all of it this year.
He has got lucky that he wakes up to having that much bitcoin in his Wallet that have suddenly changed his financial status so he could wait for another 1-2 years to gain evermore because those were eventually lost coins but now he has them back so why not hold them for some more time instead of selling at these dips.Just a friendly advice.

I agree, the wise action to do after encountering such is to plan on how to multiply that amount of BTC. Although it won’t hurt to splurge and enjoy it for a little, it is important not to let thyself get carried away and be reckless in spending.

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September 15, 2021, 01:39:09 PM
 #44

Wow, it's the opposite of "bitcoin pizza" story. Good for you! Get yourself a cold wallet and buy some more if you can.
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September 15, 2021, 02:29:14 PM
 #45


Today I woke up to this: 2.49 BTC sitting in the balance field. Man, I knew Bitcoin wasn't worth 20$ anymore! Let me tell you, this made my day, probably, my week or even this entire year!

Is there anything I need to do now that I'm holding a pretty big amount of Bitcoin? I've read that hardware wallets are the safest, should I buy one? Is there anything I need to know?

You are extremely lucky. You should have purchased few lottery tickets as well on the same day when you had discovered this balance in your bitcoin wallet. The amount you have found in your bitcoin wallet, is more than my mortgage amount. I want to write a similar true story about my dogecoin locker, but I am not able to find where I have kept around 40k dogecoins.

Hardware wallets wouldn't be required as you are using a bitcoin core wallet. But ensure that you always keep enough space  in your hard drive for the blockchain to sync.

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