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Author Topic: lool just when i was starting to love bitcoins  (Read 1547 times)
prolinx (OP)
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May 09, 2014, 11:51:21 PM
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i bought 4 bitcoins last month and decided to be a spartan  Roll Eyes  i come home after my afternoon class on tuesday and see my iphone dock my bloody guitar and  my laptop are all gone, guess which one i'm crying over.....not the iphone dock thats for sure, i hope the asshole who has my laptop sells it at a pawnshop around here...........yeah dont keep your bitcoins on your computer, just use a offline storage or a brain wallet #fml
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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May 10, 2014, 12:05:40 AM
 #2

Do you not have any backups? I tend to follow the IT adage "if you have one copy, you have nothing; if you have two copies, you have one". It makes things like this far easier to recover from.

I currently make nightly backups to a second internal drive, and copy a disk image from that backup to a drive sitting in a safety-deposit box in a bank every once in a while (though it's been a while, and I should do that more often). Online backups and cloud storage are good too, so long as you encrypt everything sensitive (such as a bitcoin wallet) before it leaves your computer.

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maurya78
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May 10, 2014, 02:31:17 AM
 #3

Paper wallets created offline for the bulk of your holdings
Small amounts in online wallets backed by 2 FA

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May 10, 2014, 04:56:51 AM
 #4

Even easier would be the encrypted wallet on a usb stick. 
batmanbad
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May 10, 2014, 06:42:13 AM
 #5

You didnt do a back up at all? I would of uploaded the balance on another usb stick or something, if its that much.

Esp 4 btc..
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May 10, 2014, 07:42:09 AM
 #6

i bought 4 bitcoins last month and decided to be a spartan  Roll Eyes  i come home after my afternoon class on tuesday and see my iphone dock my bloody guitar and  my laptop are all gone, guess which one i'm crying over.....not the iphone dock thats for sure, i hope the asshole who has my laptop sells it at a pawnshop around here...........yeah dont keep your bitcoins on your computer, just use a offline storage or a brain wallet #fml

Sorry for your loss.
You should have made a few backups (encrypted with good long password) and put them in different places, say one in USB, one in computer, one on dropbox, etc.


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May 10, 2014, 08:27:08 AM
 #7

I feel sorry for you, 4 bitcoins isn't a disaster but yes It's about $2000 so It's a good pile of money. Hope you'll get your laptop back. And I sure there is ways to find out where your laptop Is when It gets another internet connection but It's probably not worth It for $2000.
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May 10, 2014, 09:46:56 AM
 #8

i bought 4 bitcoins last month and decided to be a spartan  Roll Eyes  i come home after my afternoon class on tuesday and see my iphone dock my bloody guitar and  my laptop are all gone, guess which one i'm crying over.....not the iphone dock thats for sure, i hope the asshole who has my laptop sells it at a pawnshop around here...........yeah dont keep your bitcoins on your computer, just use a offline storage or a brain wallet #fml

Your main problem is you didn't do any backup. You can do backup on dropbox email and many other places. So it has nothing to do with offline storage or a brain wallet Smiley

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May 10, 2014, 10:31:12 AM
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i bought 4 bitcoins last month and decided to be a spartan  Roll Eyes  i come home after my afternoon class on tuesday and see my iphone dock my bloody guitar and  my laptop are all gone, guess which one i'm crying over.....not the iphone dock thats for sure, i hope the asshole who has my laptop sells it at a pawnshop around here...........yeah dont keep your bitcoins on your computer, just use a offline storage or a brain wallet #fml

I think people don't understand the importance of wallet, you have your money there for gods sake. I've backed up my wallet on my usb and have the file on my phone. just in case. Everyone who didn't bac up their wallet I suggest you do it asap.


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May 10, 2014, 11:26:57 AM
 #10

Sad that you didn't keep the private keys on a flash or something  Cry you might find it in a pawn shop.

prolinx (OP)
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May 10, 2014, 03:17:23 PM
 #11

Sad that you didn't keep the private keys on a flash or something  Cry you might find it in a pawn shop.
yeah at least now i know alot more about bitcoins then i did before loool
batmanbad
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May 10, 2014, 05:07:45 PM
 #12

i bought 4 bitcoins last month and decided to be a spartan  Roll Eyes  i come home after my afternoon class on tuesday and see my iphone dock my bloody guitar and  my laptop are all gone, guess which one i'm crying over.....not the iphone dock thats for sure, i hope the asshole who has my laptop sells it at a pawnshop around here...........yeah dont keep your bitcoins on your computer, just use a offline storage or a brain wallet #fml

I think people don't understand the importance of wallet, you have your money there for gods sake. I've backed up my wallet on my usb and have the file on my phone. just in case. Everyone who didn't bac up their wallet I suggest you do it asap.

So what happens if they didnt do a back up, and their computer crashes.

Is that bitcoin lost forever?
Dare
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May 11, 2014, 12:03:17 AM
 #13

i bought 4 bitcoins last month and decided to be a spartan  Roll Eyes  i come home after my afternoon class on tuesday and see my iphone dock my bloody guitar and  my laptop are all gone, guess which one i'm crying over.....not the iphone dock thats for sure, i hope the asshole who has my laptop sells it at a pawnshop around here...........yeah dont keep your bitcoins on your computer, just use a offline storage or a brain wallet #fml

I think people don't understand the importance of wallet, you have your money there for gods sake. I've backed up my wallet on my usb and have the file on my phone. just in case. Everyone who didn't bac up their wallet I suggest you do it asap.

So what happens if they didnt do a back up, and their computer crashes.

Is that bitcoin lost forever?

Unless it can be recovered with a drive recovery tool or service, then effectively yes. That's why backups are so important.

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Harlbatr
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May 11, 2014, 04:56:05 AM
 #14

You can never learn to do backup until you actually lose something, so better late than never.
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May 12, 2014, 11:05:40 PM
 #15

You can never learn to do backup until you actually lose something, so better late than never.

One more note on this; backups aren't backups until they've been tested. If you back up to an external hard drive every day and find out a year later that nothing actually got written to it because your backup software was turned off by someone else, the drive was unplugged, the drive appeared to work but never actually saved the data to the disk, etc., you have nothing. Regularly tested backups are important, not just backups in general.

This isn't as critical for basic stuff like miscellaneous old files, but for bitcoin wallets, work projects and the like it's a good idea to check on it every once in a while to make sure it's still working properly. On the other hand, I lost my old bitcoin wallet (and every trace of the address, I don't think I had much if any in there but I'm not certain and I can't find it to check) from a few years ago when deleting an old backup that I didn't think I needed anymore, so you may want to hang on the the other stuff too. Storage is cheap, ~$100 every year or two is worth it to make sure you never lose anything that you might want later.

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May 13, 2014, 01:35:47 AM
 #16

I use an online wallet, but keep backups of the export file on both of my computers and in my Google Drive (not public, of course). This seems to work for me, but would love any feedback as to whether storing on Google Drive is a good idea.
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May 13, 2014, 07:44:03 AM
 #17

Sad to hear, I use an online wallet nowadays to store my btc (blockchain.info) they haven't given me a single reason not to trust them and I really think they will keep on being one of the biggest online wallets there is out there.
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May 14, 2014, 08:33:09 PM
 #18

Encrypt your wallet in the future. Try using keepassx for storing passwords. Then make backups.

Malin Keshar
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May 14, 2014, 08:44:33 PM
 #19

if you fail at backuping, at least put your coins in a desktop computer that can't be more easily lost or stolen, like mobile devices are
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May 15, 2014, 07:32:43 AM
 #20


Sorry to hear about your loss.

Bitcoins are always getting lost or stolen, this forum is built on tales of theft, swindles, hacks and dubious investments.

Although it's not great news, in a rather ironic way, you're now a fully-fledged member of the community.

 Undecided


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