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Author Topic: When your coins are stolen  (Read 2548 times)
avatar_kiyoshi
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February 05, 2015, 07:44:36 AM
 #21

When you check your balances one day and all your precious coins are stolen what will you do?

Buy back in?
Suicide?
Never make another post?
Unsubscribe to /r/bitcoin?

and whose fault will it be? bitcoins? or yours?

First, if i have a lot coins, i will store on cold wallet, save private key, make a stregth pass! and actually im not store a lot coins on wallet Tongue

but if one day all my precious coins are stolen, i will buy back and earn more!
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bryant.coleman
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February 05, 2015, 09:55:07 AM
 #22

It is really hard to steal coins anyways...but u can keep your coins safe and keep it offline if u have huge amounts.. there's no way anyone can steal it then.

It wasn't hard for Mark Karpeles to steal 6% of all the Bitcoins in existence.  Grin

And it is not practical to always keep your Bitcoins offline. I we stash away all of our coins, then what is the purpose of having this currency?
DieJohnny (OP)
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February 05, 2015, 10:38:54 AM
 #23

it never happened to me but I would probably try to recover them working

Has any one ever successfully recovered their stolen coins? I don't think so. Once the coins are stolen, it is next to impossible to recover them from the thief. One of the major disadvantages with BTC.

it's also next to impossible to steal coins in the first place if they are properly secured.  one of the major advantages with BTC.

Better check your balance....  again....

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DieJohnny (OP)
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February 05, 2015, 10:42:16 AM
 #24

When you check your balances one day and all your precious coins are stolen what will you do?

Buy back in?
Suicide?
Never make another post?
Unsubscribe to /r/bitcoin?

and whose fault will it be? bitcoins? or yours?

You surely have never had money stolen before. To propose suicide as an alternative to this scenario is way too extreme, unless you already suffer from depression.

The reaction to stolen Bitcoins should be the same to stolen dollars: call the police for them to investigate, and continue working to continue earning more money.

I am not suggesting suicide. If money issues made me suicidal, i wouldn't be typing this. Just wondering if other people are so compelled.

Police??? really? I find the thought of telling the police about my stolen bitcoins beyond absurd. "Look officer, let me tell you one more time, i have these digital thingees on my computer called keys, nobody else should have access to those keys.....do you understand what i mean by encryption?..... i swear i was using 2FA, no, no, no nothing like GTA. "

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DieJohnny (OP)
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February 05, 2015, 10:44:02 AM
 #25


It would probably never happen to be to be honest because I'am caution man
~ Madness

Famous last words.....


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Q7
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February 05, 2015, 11:45:16 AM
 #26

Suicide. These are my precious coin which I bought with the money I earn and some bitcoins getting paid from services

Pingu
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February 05, 2015, 12:00:57 PM
 #27

When your coins are stolen there's little to nothing you can do and that's why you need to make sure they are secure and backed up safely.

It is really hard to steal coins anyways...but u can keep your coins safe and keep it offline if u have huge amounts.. there's no way anyone can steal it then.

It wasn't hard for Mark Karpeles to steal 6% of all the Bitcoins in existence.  Grin

And it is not practical to always keep your Bitcoins offline. I we stash away all of our coins, then what is the purpose of having this currency?

Likely an inside job and if it was it would have been like taking candy from a baby.
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February 05, 2015, 12:20:30 PM
 #28

it never happened to me but I would probably try to recover them working

Has any one ever successfully recovered their stolen coins? I don't think so. Once the coins are stolen, it is next to impossible to recover them from the thief. One of the major disadvantages with BTC.

Many people have actually recovered their coins and in many different ways, but you're right that it's next to no chance if this does happen though sometimes you can get lucky though you may as well kiss them goodbye if it ever does happen.
bryant.coleman
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February 05, 2015, 12:30:10 PM
 #29

it never happened to me but I would probably try to recover them working

Has any one ever successfully recovered their stolen coins? I don't think so. Once the coins are stolen, it is next to impossible to recover them from the thief. One of the major disadvantages with BTC.

Many people have actually recovered their coins and in many different ways

That is interesting. Personally, I have never heard about any such instances. It can happen... if the thief is that dumb.  Grin
Jesu
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February 05, 2015, 12:45:57 PM
 #30

it never happened to me but I would probably try to recover them working

Has any one ever successfully recovered their stolen coins? I don't think so. Once the coins are stolen, it is next to impossible to recover them from the thief. One of the major disadvantages with BTC.

Many people have actually recovered their coins and in many different ways

That is interesting. Personally, I have never heard about any such instances. It can happen... if the thief is that dumb.  Grin

I forget who the guy was but so,e semi-famous bitcoiner was hacked and the thief tried to blackmail him for more coins. He somehow ended up doxing the guy and getting his money back. Some people have tracked down thieves on here too and they're all apologetic when they've been caught and risk going to prison.
Bitdonator
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February 05, 2015, 01:01:12 PM
 #31

Never happened to me.

If someone scam you or stole bitcoins from your wallet, that can only be your own fault.

- Never hold  big ammount of BTCBTCBTC in online wallet service, exchange, your cellphone etc.
- Stealing coins from offline computer or BIP encrypted, well hidden paper wallet is impossible mission
Meuh6879
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February 05, 2015, 01:05:05 PM
 #32

When you check your balances one day and all your precious coins are stolen what will you do?

it never append when you save wallet.dat from bitcoin core in a "normal" place.
let many BTC in 1 place ... is like let wallet with FIAT money on the table of the coffee shop.

you can retrieve it ... or not.
Dr. Pepper
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February 05, 2015, 01:11:39 PM
 #33

I would cry if my coins were stolen  Cry Cry Cry.

Never happened to me.

If someone scam you or stole bitcoins from your wallet, that can only be your own fault.

- Never hold  big ammount of BTCBTCBTC in online wallet service, exchange, your cellphone etc.
- Stealing coins from offline computer or BIP encrypted, well hidden paper wallet is impossible mission

I guess ultimately it is down to the person to secure their coins and if they lose them to theft they failed to secure them adequately, though thieves are often very cunning and relentlessness in their pursuit to steal your coins so sometimes people can't be blamed exclusively for that. If someone breaks into your house is it your fault for not bricking up your windows and doors?

nikona
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February 05, 2015, 02:06:25 PM
 #34

When you check your balances one day and all your precious coins are stolen what will you do?

Buy back in?
Suicide?
Never make another post?
Unsubscribe to /r/bitcoin?

and whose fault will it be? bitcoins? or yours?

Try to make some back through Sig camp and gamble with it till I reach the value I was at before.
HarryPotHead
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February 05, 2015, 06:58:10 PM
 #35

I would never keep all my eggs in one basket, i may take a hit in future but i will keep trading until i've recouped even more.

That's how winnings done  Cheesy

manselr
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February 05, 2015, 07:01:17 PM
 #36

it never happened to me but I would probably try to recover them working
Well if you lose your coins as an early investor the only working you will be doing is in your aim at your own head.
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February 05, 2015, 11:18:45 PM
 #37

I don't know if I'm lucky, but it never happened to me.

To prevent that, and to learn from the others' mistakes, I'd like to know how some people were stolen. Did it happened while the money was at an exchange? Was that from a hacker who gained access to the home computer?

I used to be a citizen and a taxpayer. Those days are long gone.
thejaytiesto
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February 06, 2015, 01:21:57 AM
 #38

I don't know if I'm lucky, but it never happened to me.

To prevent that, and to learn from the others' mistakes, I'd like to know how some people were stolen. Did it happened while the money was at an exchange? Was that from a hacker who gained access to the home computer?
All stoles ever:

1) Left coins at exchange
2) Got hacked (installed malware)

Not all but like 99%
bryant.coleman
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February 06, 2015, 04:56:44 AM
 #39

it never happened to me but I would probably try to recover them working

Has any one ever successfully recovered their stolen coins? I don't think so. Once the coins are stolen, it is next to impossible to recover them from the thief. One of the major disadvantages with BTC.

Many people have actually recovered their coins and in many different ways

That is interesting. Personally, I have never heard about any such instances. It can happen... if the thief is that dumb.  Grin

I forget who the guy was but so,e semi-famous bitcoiner was hacked and the thief tried to blackmail him for more coins. He somehow ended up doxing the guy and getting his money back. Some people have tracked down thieves on here too and they're all apologetic when they've been caught and risk going to prison.

In this case the thief was unbelievably dumb. He became too greedy after successfully stealing the coins and wanted even more of them.
Nerazzura
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February 06, 2015, 05:11:00 AM
 #40

I don't know if I'm lucky, but it never happened to me.

To prevent that, and to learn from the others' mistakes, I'd like to know how some people were stolen. Did it happened while the money was at an exchange? Was that from a hacker who gained access to the home computer?

I do not have a lot of bitcoin, only 2 BTC total.
 and if it was stolen, not too depressing. because I get everything for free Cheesy
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