Coin owners afterlife

[Sakil2208 0]

I had anticipated for something like this. I told my wife and siblings that i could trust to hold my personal key. I also don't have a long-term plan to save my bitcoin. Every month sometimes I Withdraw it for personal use. it may help you to use your token and exchange it to a real money give to your love ones.

 

 

[Psychology 19]

On 10/31/2019 at 8:42 PM, aika said:

Well this is something that traders of advanced age have to consider. I think I would explain all of this (that I'm a trader) to a close relative, and teach the basics and the value of the smalls funds I have, so he/she can grow interest or cash out the money when I pass away.

Well this is something that traders of advanced age have to consider. I think I would explain all of this (that I'm a trader) to a close relative, and teach the basics and the value of the smalls funds I have, so he/she can grow interest or cash out the money when I pass away.

Backup your secretive input to a burst hustle or recall card, and develop a layer protection deposit box. column it away, by the side of with your Will and designate who gets it. Or you can all the time backward it up to the cloud and it follows that mark the password down on a part of newspaper and put it in a bank's shelter deposit box.



[Hanan951 841]

When I die I will not even care anymore I will just RIP lol. I have an USB dr8ves copies 😎

[Lakhkarkhan007 36]

Ohh friend I don't think about what will be happen after I die so you will create good question in my mind so for now I will write all my emails password and inform my brother who is really closed to me so thanks for your great question. 

[babaji 1228]

On 10/31/2019 at 7:42 PM, hexwin said:

All your coins will be lost.

Coins will not be lost. Blockchain is called a public ledger, meaning it has records of all the wallets it holds, and as such each and every wallet is public. So even if you die, your coins will be in the wallet, and since its public people can see, but cannot access. Its like the song, you can see but you cant touch. 
The best advice is obviously to share with your family your coins and give them access to your private keys and wallets. 

[Captain Karim 0]

You're right, maybe a lot of cryptocurrency will be lost due to the death of some people and the loss of private keys. Each person must keep their private keys with someone he trusts so that this person passes these assets to his family after his death.

[samer shero 95]

Well .. i don't have that problem since i don't have that much of coins because I'm a beginner and all i have earned is from the forum. good luck. 

[BTC Future 3946]

On 10/31/2019 at 4:12 PM, hexwin said:

Did you ever think about what will happen to your coins after you die?

If you die and nobody knows your private key,
then nobody will be able to use your coins, even your family.
All your coins will be lost.

We may think we will live for 100 years, but we don't know that.

What is your strategy for this? What will you do?

I've read your post before but I didn't answer as I didn't have an opinion on this. 

Although take a look what I've found today in Bitcoin news!! A dev that is actually trying to create a Lightning App that will pass belongings of the deceased to their heir! Unimaginable!!

 

https://cryptopanic.com/news/8018718/How-to-Protect-Bitcoin-for-Your-Heirs-With-the-Push-of-a-Dead-Mans-Button

 

[tienda 8776]

At this moment I dont have a lot of coins just to trade and doing some other things, when I see the volume grow then I will tell to my family about my privacy key place, but at this moment all my coin are in the markets.

[Mwangi 5611]

There is a lot of good ideas to work with and everybody must follow the good idea we have is to make sure we have certain position of integration that puts everything to a certain positions that we have to see, we need to put together the owners of the coin, I am looking for the owner of doge coin and would love to ask him what he was thinking by establishing so many doges as we can tell

[NIVLEM 172]

Every ones of us will go on that stage, Our private key should know by our family member. Write down in a paper and put in safety box, just in case you forgot you have a copy of your private key. Encourage the one of your family member to observe and learn what you do in investing crypto currency for him to get familiar.

[Md Roni 17]

Only the deceased's bitcoins go into oblivion if they have not taken steps to ensure that these bitcoins do not disappear forever. Encourage the one of your family member to observe and learn what you do in investing crypto currency for him to get familiar.

[NAFIS287 353]

On 10/31/2019 at 8:12 PM, hexwin said:

Did you ever think about what will happen to your coins after you die?

If you die and nobody knows your private key,
then nobody will be able to use your coins, even your family.
All your coins will be lost.

We may think we will live for 100 years, but we don't know that.

What is your strategy for this? What will you do?

I also collect coin ..

If I will die nothing happened to my coins because after iam die my family members can forget my password..

My private kye save on my gallery

Iam sure nothing happened to my coins 

[Sagor 500]

2 hours ago, VisCeralDesign said:

If the owner of the bitcoin dies and does not archive the account and keywords to inherit from his family, the bitcoin is lost from the hands of the family, but the missing bitcoin still exists on the blockchain network. So in my opinion, bitcoin is not lost, but inaccessible.
 

you are right as btc is a platform currency so it will not be lost but the access will be lost but we can see the btc in the block chain.

[ETheHedgehog 3104]

Well, i mean you can leave your private key in your will that way your kids can get those coins, or to be more conservative, change all you have to USD once you're old enough and don't want to be in this anymore

[malik6314193 5449]

Yes we think we will live for 100 years so we are going to earn more and more coins and saving it not using it.. And if we die then this coins will be wasted.. So use the coims which you earn 

[SanjidaAkterSanju 69]

Yes i have already think about it. And for this i have made the key in  a way that my hubby will understand it easily. And i keep all the documents in a locker that they will found after my death.   

[Riad20 6]

Cannot use or detect. I never thought before, maybe we should share the password all the time there. Since no one knows their account password, 1 million bitcoins.

[Sapdrx 469]

On 10/31/2019 at 3:12 PM, hexwin said:

Did you ever think about what will happen to your coins after you die?

If you die and nobody knows your private key,
then nobody will be able to use your coins, even your family.
All your coins will be lost.

We may think we will live for 100 years, but we don't know that.

What is your strategy for this? What will you do?

My close ones know that I own crypto. I've made a document for them so that when I die they can get access to my wallets without notifying the walletissuer.

[Ayush Singh 1175]

I always share my personal things with one of my friends or with my family members so there is no such problem with that but yes those who don't share it with anyone will face a huge problem with it. 

[malik6314193 5449]

As we don't know about our Death .so i suggest you also share your private key to your closet friend. As if you die then your coins will be useable for your friend. 

[Mcd0d0 5882]

Well i think this will or can be handle by your loveone's, we need to teach them hoe to used cryptocurrency and also how to trade, invested and withdraw the cryptocurrency coins in any online wallets do that they can able to used it or to convert it into real money.

[deepown 0]

Just now, wilbertson said:

We should have people who knows out secret keys  and wallet password so we will have peace afterlife.

if you have heard of the people who lost keys and after a long time bitcoin rose so high, they try to find these keys and never found them, they lost peace in the current life and they will never have peace in death.

[Shahud 1319]

everyone tell that we should never share our private keys and password of our exchanges and walle  with anyone.then what will happen to our coins and our money after our death.so i would suggest to share the password with a single person whom we can trust blindly.

[MilaNi 603]

On 31.10.2019 at 16:43, hexwin said:

Good to hear this. Good move from you.
I hope you explained them importance of private key adn left them instructions how they can use it to restore and recover them on any wallet.

If you don't tell them where the key is, and you with no instructions and passwords, they don't have much

Don't forget to write some instructions 😉 

Yes, you are quite right, with no instructions all the coins on the wallet may appear useless. More over,  person that will get even the private key, open the wallet and see the balance should know what to do with all the coins after that.... for example, how an where to sell. Because all the instructions and efforts may be in vain.