Stories about lost Bitcoin

[apogio]

Hello friends. Has anyone ever lost bitcoin? I am curious to listen to your stories. My purspose is to educate ourselves of possible scams, or rookie mistakes that we may do, that can lead to our BTC being stolen or lost.

Edit: Back in Feb 2020, I gave my seed phrase to someone on twitter. The convinced me the seed phrase was equal to my address and that they needed it to send me bitcoin. Don't ask me why I was so stupid... I lost approx. 1M sats and I had to start accumulating again. I bought a Trezor and I started reading...

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[_act_]

Never give your seed phrase or private key to anyone that you do not know, it is your coin. I hope that will never happen again.

I have not be scammed before in anything related to bitcoin and crypto generally, I was lucky to know all those scam and I avoided it. The one I can remember are two, which are airdrop scam and cloud mining scam. It was super easy for me to avoid both.

[apogio]

Never give your seed phrase or private key to anyone that you do not know, it is your coin. I hope that will never happen again.

I have not be scammed before in anything related to bitcoin and crypto generally, I was lucky to know all those scam and I avoided it. The one I can remember are two, which are airdrop scam and cloud mining scam. It was super easy for me to avoid both.

Well I understand the cloud mining scam, but what about the airdrop? how could they scam you buy airdroping something to an address ?

[_act_]

Well I understand the cloud mining scam, but what about the airdrop? how could they scam you buy airdroping something to an address ?

It was someone I saw on a forum, not bitcointalk forum, that introduced me to a telegram channel, it always give new airdrops links. I try one link and I was asked to pay fee so that I will be able to be one of the first people they would be given the airdrop coins too. If you pay any money, no airdrop coin and the money you pay is lost.

Another that I know but did not happen to me because I do not do KYC airdrop at that time. It is the use of your information by scammers for phishing attack against you.

[Ultegra134]

Somewhere around 2014, before I was active on this forum, I got scammed by a user in another forum trying to buy Bitcoin. I was under 18 back then and couldn't acquire cryptocurrencies through exchanges. It wasn't a significant amount, but it managed to piss me off. Another small amount of Bitcoin was lost on my Xapo wallet, which I couldn't regain access to, and their useless support basically claimed that I had no balance on my account even though I had emails providing the opposite.

Some other smaller amounts were also lost for years on Blockchain.com wallets but were fortunately recovered a few years ago.

[CryptoHFs]

lost before in a corrupted virtual machine. Luckily knew a crazy developer by then who where able to troubleshoot, access and control the coins again.

Moral, don't trust virtual machines.

[Smartvirus]

Hello friends. Has anyone ever lost bitcoin? I am curious to listen to your stories. My purspose is to educate ourselves of possible scams, or rookie mistakes that we may do, that can lead to our BTC being stolen or lost.

You know, some of these scammers could make a very good sales rep. They practice the job quite well and somehow, they waste there skill in some unlawful act or criminal enterprise. Basically, the job of a sales rep is to convince some other individual to key into a product/package and this is just what the scam schemes are about with a key difference, its all centered on a phony.

Well bitcoin ain't no tangible item that we could misplace or throw away in some place but then, there are acts that could lead to us actually loosing access to our coins. I think the only way we could lose our coins is to scammers or haven't sent it to an unknown or uncontrolled address other than that, we apparently lose the access to our coin as it thus stays put on an address.

This means, you actually could lose your seed phrase or private key but, not the coin per say. Its why, the seed phrase or private key remains the most secured.

[bittraffic]

Maybe not everyone lost some coins but like you I also have some coins that I left in wallet that I have no idea how to take back because of a wallet that I have no key and forgot its password anymore.

Losing coins because people convince you that seed is same as the wallet address seem a very newbie mistake. its a small amount during that time though so i guess you can just shrug it.

Never give your seed phrase or private key to anyone that you do not know, it is your coin. I hope that will never happen again.

I have not be scammed before in anything related to bitcoin and crypto generally, I was lucky to know all those scam and I avoided it. The one I can remember are two, which are airdrop scam and cloud mining scam. It was super easy for me to avoid both.

Well I understand the cloud mining scam, but what about the airdrop? how could they scam you buy airdroping something to an address ?

Some of those airdrop ask you to deposit to unlock them and to able to send those tokens. Not sure if anyone were already convinced to deposit but I remember there were airdrops like this.

[apogio]

Somewhere around 2014, before I was active on this forum, I got scammed by a user in another forum trying to buy Bitcoin. I was under 18 back then and couldn't acquire cryptocurrencies through exchanges. It wasn't a significant amount, but it managed to piss me off. Another small amount of Bitcoin was lost on my Xapo wallet, which I couldn't regain access to, and their useless support basically claimed that I had no balance on my account even though I had emails providing the opposite.

Some other smaller amounts were also lost for years on Blockchain.com wallets but were fortunately recovered a few years ago.

I didn't even know Xapo wallet, nor did I know that blockchain.com made wallets.

Hello friends. Has anyone ever lost bitcoin? I am curious to listen to your stories. My purspose is to educate ourselves of possible scams, or rookie mistakes that we may do, that can lead to our BTC being stolen or lost.

You know, some of these scammers could make a very good sales rep. They practice the job quite well and somehow, they waste there skill in some unlawful act or criminal enterprise. Basically, the job of a sales rep is to convince some other individual to key into a product/package and this is just what the scam schemes are about with a key difference, its all centered on a phony.

Well bitcoin ain't no tangible item that we could misplace or throw away in some place but then, there are acts that could lead to us actually loosing access to our coins. I think the only way we could lose our coins is to scammers or haven't sent it to an unknown or uncontrolled address other than that, we apparently lose the access to our coin as it thus stays put on an address.

This means, you actually could lose your seed phrase or private key but, not the coin per say. Its why, the seed phrase or private key remains the most secured.

Two years ago, believe it or not, I didn't even know what a private key was. Now, I know... fortunately.

Maybe not everyone lost some coins but like you I also have some coins that I left in wallet that I have no idea how to take back because of a wallet that I have no key and forgot its password anymore.

Losing coins because people convince you that seed is same as the wallet address seem a very newbie mistake. its a small amount during that time though so i guess you can just shrug it.

Never give your seed phrase or private key to anyone that you do not know, it is your coin. I hope that will never happen again.

I have not be scammed before in anything related to bitcoin and crypto generally, I was lucky to know all those scam and I avoided it. The one I can remember are two, which are airdrop scam and cloud mining scam. It was super easy for me to avoid both.

Well I understand the cloud mining scam, but what about the airdrop? how could they scam you buy airdroping something to an address ?

Some of those airdrop ask you to deposit to unlock them and to able to send those tokens. Not sure if anyone were already convinced to deposit but I remember there were airdrops like this.

Ofc it was a newbie mistake. However, I am not ashamed. I made a mistake, that I will never make again. Furthermore, I have been educating myself for the past 3 years, non-stop. Literally.

[Jody.Drummer]

Hello friends. Has anyone ever lost bitcoin? I am curious to listen to your stories. My purspose is to educate ourselves of possible scams, or rookie mistakes that we may do, that can lead to our BTC being stolen or lost.

Edit: Back in Feb 2020, I gave my seed phrase to someone on twitter. The convinced me the seed phrase was equal to my address and that they needed it to send me bitcoin. Don't ask me why I was so stupid... I lost approx. 1M sats and I had to start accumulating again. I bought a Trezor and I started reading...

Hearing your story, actually giving your sheed phrase to someone else is the same as giving your bitcoin to the person you gave it to that person, because they definitely have full access to your wallet. The most important thing is never to give sheed phrases to other people, not even your own family.
I have never lost bitcoin before. Maybe some time ago I tried to make a transaction with a coin that suddenly entered my wallet, we can be sure it was a coin that was sent to me by scammer. I'm trying to put some $ in BNB in order to see if they are interested in a small amount or not. And sure enough the next day some $ in my wallet was gone. 

[apogio]

Hello friends. Has anyone ever lost bitcoin? I am curious to listen to your stories. My purspose is to educate ourselves of possible scams, or rookie mistakes that we may do, that can lead to our BTC being stolen or lost.

Edit: Back in Feb 2020, I gave my seed phrase to someone on twitter. The convinced me the seed phrase was equal to my address and that they needed it to send me bitcoin. Don't ask me why I was so stupid... I lost approx. 1M sats and I had to start accumulating again. I bought a Trezor and I started reading...

Hearing your story, actually giving your sheed phrase to someone else is the same as giving your bitcoin to the person you gave it to that person, because they definitely have full access to your wallet. The most important thing is never to give sheed phrases to other people, not even your own family.
I have never lost bitcoin before. Maybe some time ago I tried to make a transaction with a coin that suddenly entered my wallet, we can be sure it was a coin that was sent to me by scammer. I'm trying to put some $ in BNB in order to see if they are interested in a small amount or not. And sure enough the next day some $ in my wallet was gone. 

Yeah of course. To be honest, with other "coins" I have never been involved. However it seems to me that, with ETH for example, anyone could deploy any shitty code they wanted and share a smart contract with you. It is much easier to be scammed this way, I guess.

[decodx]

Sorry to hear that you lost some bitcoin, that's really unfortunate. I haven't personally lost any bitcoin, but I have heard some horror stories.

I've heard of people falling victim to phishing scams, where they click on a link that looks like a legitimate website, but it's actually a fake site designed to steal their login information. Another common scam is the "tech support" scam, where scammers pose as customer support for a cryptocurrency exchange or wallet and convince people to give them access to their accounts.

That's why it's important to never give out your login information or other personal details to anyone, even if they seem trustworthy. It's also a good idea to stay up to date on the latest scams and security best practices by following reputable news sources and forums. Knowledge is power when it comes to protecting your bitcoin.

[Fiatless]

Hello friends. Has anyone ever lost bitcoin? I am curious to listen to your stories. My purspose is to educate ourselves of possible scams, or rookie mistakes that we may do, that can lead to our BTC being stolen or lost.

This thread will be quite educating and funny. The best means of learning is from people's experiences or stories. This will indeed help others not to make the same mistakes. I have never lost any Bitcoin and I was just fortunate. But I have heard stories of people that have lost money due to carelessness and lack of knowledge. One of my friends downloaded a wallet and failed to copy and save the seed phrase. After he has bought some bitcoin, he lost his phone a few months after and couldn't retrieve his coins because he doesn't have the keys.      

Edit: Back in Feb 2020, I gave my seed phrase to someone on twitter. The convinced me the seed phrase was equal to my address and that they needed it to send me bitcoin. Don't ask me why I was so stupid... I lost approx. 1M sats and I had to start accumulating again. I bought a Trezor and I started reading...

I am glad I located this forum because I don't think I can be a victim of such cheap scam. This forum is a goldmine of information about bitcoin and other issues like security and privacy. If you fall victim to scams after joining this forum it might be because you are not learning or you are greedy. I am glad you learned your lessons, but you learned it the hard way.  

[m2017]

Hello friends. Has anyone ever lost bitcoin? I am curious to listen to your stories. My purspose is to educate ourselves of possible scams, or rookie mistakes that we may do, that can lead to our BTC being stolen or lost.

Edit: Back in Feb 2020, I gave my seed phrase to someone on twitter. The convinced me the seed phrase was equal to my address and that they needed it to send me bitcoin. Don't ask me why I was so stupid... I lost approx. 1M sats and I had to start accumulating again. I bought a Trezor and I started reading...

The stories associated with the loss of bitcoin always excite the minds of readers. Reading them, it seems that how is it possible to be stupid and lose for one reason or another. Until you experience it yourself.

Often this is due to the loss of seed phrases, as in your case. You could have avoided this if you had sufficient knowledge and the attackers could not fool you. The conclusion is simple: it is necessary to carefully and as quickly as possible study the basic principles of the work of bitcoin in order not to fall into such unpleasant stories. I won't say you were stupid. You were little technically aware of bitcoin and paid the price for that. Let your negative experience serve as an example for other beginners and it will encourage them not to delay the moment they start learning about the technical aspects of bitcoin.

[apogio]

Hello friends. Has anyone ever lost bitcoin? I am curious to listen to your stories. My purspose is to educate ourselves of possible scams, or rookie mistakes that we may do, that can lead to our BTC being stolen or lost.

Edit: Back in Feb 2020, I gave my seed phrase to someone on twitter. The convinced me the seed phrase was equal to my address and that they needed it to send me bitcoin. Don't ask me why I was so stupid... I lost approx. 1M sats and I had to start accumulating again. I bought a Trezor and I started reading...

The stories associated with the loss of bitcoin always excite the minds of readers. Reading them, it seems that how is it possible to be stupid and lose for one reason or another. Until you experience it yourself.

Often this is due to the loss of seed phrases, as in your case. You could have avoided this if you had sufficient knowledge and the attackers could not fool you. The conclusion is simple: it is necessary to carefully and as quickly as possible study the basic principles of the work of bitcoin in order not to fall into such unpleasant stories. I won't say you were stupid. You were little technically aware of bitcoin and paid the price for that. Let your negative experience serve as an example for other beginners and it will encourage them not to delay the moment they start learning about the technical aspects of bitcoin.

I 'd say the most common reason must be the loss of the seed backup. I was totally unaware. To me, everything back then, was just "my bitcoin". I was clueless, I had no idea how anything worked.

The phrase that I got in bold in your answer, is exactly the reason why I made this thread.

Hello friends. Has anyone ever lost bitcoin? I am curious to listen to your stories. My purspose is to educate ourselves of possible scams, or rookie mistakes that we may do, that can lead to our BTC being stolen or lost.

This thread will be quite educating and funny. The best means of learning is from people's experience or stories. This will indeed help others not to make the same mistakes. I have never lost any Bitcoin and I was just fortunate. But I have heard stories of people that have lost money due to carelessness and lack of knowledge. One of my friends downloaded a wallet and failed to copy and save the seed phrase. After he has bought some bitcoin, he lost his phone few months after and couldn't retrieve his coins because he doesn't have the keys.       

Edit: Back in Feb 2020, I gave my seed phrase to someone on twitter. The convinced me the seed phrase was equal to my address and that they needed it to send me bitcoin. Don't ask me why I was so stupid... I lost approx. 1M sats and I had to start accumulating again. I bought a Trezor and I started reading...

I am glad I located this forum because I don't think I can be a victim of such cheap scam. This forum is a goldmine of information about bitcoin and other issues like security and privacy. If you fall victim to scam after joining this forum it might be because you are not learning or you are greedy. I am glad you learned your lessons, but you learnt it the hard way. 

Indeed, this forum is full of intelligent and educated people.

Sorry to hear that you lost some bitcoin, that's really unfortunate. I haven't personally lost any bitcoin, but I have heard some horror stories.

I've heard of people falling victim to phishing scams, where they click on a link that looks like a legitimate website, but it's actually a fake site designed to steal their login information. Another common scam is the "tech support" scam, where scammers pose as customer support for a cryptocurrency exchange or wallet and convince people to give them access to their accounts.

That's why it's important to never give out your login information or other personal details to anyone, even if they seem trustworthy. It's also a good idea to stay up to date on the latest scams and security best practices by following reputable news sources and forums. Knowledge is power when it comes to protecting your bitcoin.

Yeah. A friend of mine sent 0.04ETH to a scammer who pretended to initiate and NFT collection. Luckily enough, I have only been interested in Bitcoin.

[Frankolala]

I don't blame you for giving out your seed phrase to those scammers, you had an investment that you don't understand how to secure it. Those scammers will test you and when they see that you don't have an idea of it,then you will become their victim. You seed phrase is your coin,if anybody has access to it,your coin is lost.

I haven't been scammed before,since I started my bitcoin journey from this forum. This makes me more carefully about my bitcoin. Apart from scammers another way that one can loss his bitcoin is when he didn't back up his seed phrase and forget his password. You will have no access to your coin. One can mistakenly send his coin to a wrong address.

[joniboini]

I 'd say the most common reason must be the loss of the seed backup. I was totally unaware. To me, everything back then, was just "my bitcoin". I was clueless, I had no idea how anything worked.

The phrase that I got in bold in your answer, is exactly the reason why I made this thread.

How did you know about Bitcoin in the first place? I've seen many users do more or less the same thing, just buy Bitcoin and then never learn more about it, which results in a loss of coins or something similar. Personally, after hearing about bitcoin for the first time, what I did was learning stuff like how to store it, which device can I use, etc. It is really surprising to me that you just buy and assume it will work out in the end.

Back in Feb 2020, I gave my seed phrase to someone on twitter. The convinced me the seed phrase was equal to my address and that they needed it to send me bitcoin.

Is he still around? What led you to know them/interact with them through Twitter? 2020 is around the last bear market, I'm surprised you got scammed through Twitter instead of Telegram. IIRC, Telegram scammers are more active at that time if my memory serves me correctly.

[apogio]

Back in Feb 2020, I gave my seed phrase to someone on twitter. The convinced me the seed phrase was equal to my address and that they needed it to send me bitcoin.

Is he still around? What led you to know them/interact with them through Twitter? 2020 is around the last bear market, I'm surprised you got scammed through Twitter instead of Telegram. IIRC, Telegram scammers are more active at that time if my memory serves me correctly.

Good question. I don't kknow if he/she/they are still around. Once I sent them my seed phrase in DM, they blocked me 10 minutes later. I thought they were just late, but apparently they just needed 10 minutes to empty my wallet.

[hannahB4]

I don't have a personal history has to bitcoin loss but I have read many threads about this, just help yourself by typing it on the forum and you will get more information on this than you bargain for.

[mendace]

Good question. I don't kknow if he/she/they are still around. Once I sent them my seed phrase in DM, they blocked me 10 minutes later. I thought they were just late, but apparently they just needed 10 minutes to empty my wallet.

Well, you learn from mistakes, I think you now have more awareness, that is to keep your private keys and not give them to anyone and a few less satoshis.