What if someone lost his Bitcoin wallet?

[SuperCrypto 7193]

6 hours ago, Hatred said:

Yes, that's true. But even though we nake backup copy, we must first ensure that we can't lose access to our crypto wallets. Ee must assure that our coin is safe and no one can access it except you.

Digital currencies can be protected by avoiding the use of Wi-Fi in public areas because those places do not have sufficient degree of protection, and therefore it is easy for hackers and hackers who target digital currency holders.

Edited January 1, 2020 by SuperCrypto

[Sid 589]

As other members say, if you lose your private key it's the same as losing all the bitcoin you have in your wallet. Yes, like it burned out. So try to make some backup 😃

[CryptoLover21 0]

Yes there are many news that people lost their wallet with bitcoin, so you must always be safe and always store your private key or memonic pass phrase in safe place to use it later , with it you can recover your wallet 

[johant123 1559]

15 minutes ago, Fefe28 said:

I think it can be rocoverable, but you have to regenerate that private key. Its very hard (almost infeasible), but you will get back your money for sure. 

People have tried to recreate Satoshi's private key already for years. With the current state of computing, that is like finding a needle in a hay stack as big as the planet. So yes, regenerating a private key from a public key is incredibly hard.

[Hatred 1388]

19 hours ago, SuperCrypto said:

Digital currencies can be protected by avoiding the use of Wi-Fi in public areas because those places do not have sufficient degree of protection, and therefore it is easy for hackers and hackers who target digital currency holders.

I agree to you. You mustn't open your digital wallet or crypto wallet in public internet provider places. Those places is very vulnerable for hacking and robbery that's why it is not suitable to make or join exchanges on that placea.

[SuperCrypto 7193]

27 minutes ago, Hatred said:

I agree to you. You mustn't open your digital wallet or crypto wallet in public internet provider places. Those places is very vulnerable for hacking and robbery that's why it is not suitable to make or join exchanges on that placea.

In the past, incidents have been reported where the Bitcoin owner has either lost or forgotten the key that means losing Bitcoin forever without any opportunity to recover it. With the Bitcoin number ever being cut, many expect this to be reflected in the Bitcoin price.

[Sumayya 493]

18 hours ago, Rockeew said:

Because I'm a beginner here so I don't have a lot of knowledge about btc and cryptocurrency. But certainly we all should have knowledge about them.

Try to learn, learning is the beginning of everything, after learning you will become knowledgeable of the basic

[Hatred 1388]

1 hour ago, SuperCrypto said:

In the past, incidents have been reported where the Bitcoin owner has either lost or forgotten the key that means losing Bitcoin forever without any opportunity to recover it. With the Bitcoin number ever being cut, many expect this to be reflected in the Bitcoin price.

That's the sad part of having a digital or crypto wallet. You can't recover it if you lost it. That's why you must ensute first that you remember the key you use to open your wallet so that you will not regret in the end.

[avatarkiyoshi 270]

On 12/22/2019 at 5:54 PM, SuperCrypto said:

A question arises in my mind that if a person lost his Bitcoin wallet, he would not be able to return it again, so how much Bitcoin was lost for this reason, and it cannot be used again. Given that this currency lacks any tangible physical presence, unlike other monetary currencies that are controlled by banking banking institutions, bitcoin is not controlled by specific persons or entities other than its users.
If lost, it can never be recovered, as if it had been burned, right?

Lost doesn't means burned. There's no burned system in Bitcoin. Every piece of Satoshi that lost will gone into limbo. It cannot be recovered.

[Yviral 25]

If you lost your phone you can easliy backup your wallet if you have the wallet backup phrase in a paper or in any other way that you can get it when you lost your device but if you don't have the phrase you have lost all your assets.

[SuperCrypto 7193]

1 hour ago, Smssadikru said:

If you loose access to your wallet. it cannot be returned and you may basically to say goodbye to all of your coins there. U need to have backup phrase or private key then u got ur bitcoin wallet back.  If you lost private key of ur wallet 

It is self-evident to know that your private key is absolutely private and that only you should know it. Therefore, you can store it on a computer not connected to the internet so that it does not fall prey to malware or hacker attacks. Also, private keys can be stored on special paper or devices called "cold wallets".

[Irin3 74]

By opening your Bitcoin Wallet, you only want to mean that account's account, if you are connected to your email with it, you can easily restore it.

[Suhannewaz 245]

If your backup is available, you can restore your wallet on a new telephone or on a new wallet software system. You'll lose all of your Bitcoin if you don't have a backup. There was a mistake. In this scenario, you will not lose your coins because you recall your login credentials if you lose your phone.

[SuperCrypto 7193]

On 1/3/2020 at 7:23 AM, Sagorbd24 said:

On the off chance that you have a reinforcement, at that point you can reestablish your wallet on another telephone or on a PC with an alternate wallet programming. In the event that you don't have a reinforcement, at that point truly, you will lose the entirety of your Bitcoin. ... For this situation, on the off chance that you lose your telephone, you won't lose your coins insofar as you recollect your login accreditations

Bitcoin is saved in a digital wallet! As you know, it is a digital currency that does not have a real existence! This digital wallet is secured with an address and password, and it is definitely safer than traditional wallets subject to theft and loss! But it is not completely safe. Bitcoin wallet is at risk of being lost at any moment. If you lose your digital wallet address or password, this means losing your Bitcoin forever.

[Sumayya 493]

4 hours ago, Crypto Hunter BD said:

If someone lost his bitcoin wallet with bitcoin balance.He will go to depression.He don not understand what can he do.So be careful about Bitcoin wallet

If a wallet get lost, the user is also lost, the user will only have start again

[Soaib khan 1035]

if someone lost bitcoin wallet address maybe not recoverable you can contact costumers support maybe they recover you wallet otherwise not possible

[Shahud 1319]

On 12/22/2019 at 8:58 PM, melikf78 said:

if you delete your wallet app you can access again with using your 12 phrases and private key but if you lost your private key you will lose your btc. keep your 12 pharses and private key safe

yes..12 phrases and private key are very important to recover the account.if anyone lost these then he /she will have to forget the bitcoin whatever they deposited in their account..so better to write the private key to a secret place .

[rajonmia 181]

On 12/22/2019 at 9:28 PM, melikf78 said:

if you delete your wallet app you can access again with using your 12 phrases and private key but if you lost your private key you will lose your btc. keep your 12 pharses and private key safe

You are absolutely correct,you can back your account . But one condition you must be know some details on your account example your 12 secure digit must be know.othetwise you can not back your wallet.

[SuperCrypto 7193]

2 hours ago, Anum1 said:

I think u forget your password you losse your account and lost your coin this my knowledge please save your pasword.

You are vulnerable to piracy of your account and the theft of your money, therefore we recommend that you secure your account and all your data and portfolio, and you must keep the password and preferably to make an account for each wallet or currency you trade even if you are exposed to piracy do not lose everything

[Sumayya 493]

5 hours ago, Soaib khan said:

if someone lost bitcoin wallet address maybe not recoverable you can contact costumers support maybe they recover you wallet otherwise not possible

Customer care can not help when it comes to wallet lost, either private key or seed

[SuperCrypto 7193]

On 1/5/2020 at 7:47 AM, Ahmed jabri said:

The main and important thing in Bitcoin wallet is the private key, which is to be kept safe always.

Even if you delete your wallet or lost the access to your Bitcoin wallet, you gain back with the help of private key.

Review your arrangements for privacy and security on social media. If you use social networking sites, such as Facebook, be careful with whom you communicate and learn how to use your privacy and security arrangements to ensure that you remain safe.

[Upright 2688]

If too lost a bitcoin wallet, you could re-login.

But am sure you mean, but that you lost password, 12 hidden phrase but you could remember the private keys.

With the private, you could use it to obtain by the bitcoin there, since a private keys, gives you total control of you crypto

[SuperCrypto 7193]

15 hours ago, Upright said:

If too lost a bitcoin wallet, you could re-login.

But am sure you mean, but that you lost password, 12 hidden phrase but you could remember the private keys.

With the private, you could use it to obtain by the bitcoin there, since a private keys, gives you total control of you crypto

Decentralized networks make recovering the password difficult. Passware recently released a “Passware Kit Forensic” solution that helps users access their Bitcoin wallets if they lose their password or forget it. The software is initially available for both Blockchain.com and Bitcoin Core platforms.

[Upright 2688]

2 minutes ago, SuperCrypto said:

Decentralized networks make recovering the password difficult. Passware recently released a “Passware Kit Forensic” solution that helps users access their Bitcoin wallets if they lose their password or forget it. The software is initially available for both Blockchain.com and Bitcoin Core platforms.

I've never really heard of passware, and with it being available on blockchain.com wallet.

I will check it, and see how it works on password 

[Agios 1763]

If you use desktop wallet you must save wallet.dat. in cloud storage, if the computer breaks then you can install the wallet to a new computer and add wallet.dat. If the wallet is in the mobile application you must save your password and 12/24 mnemonic words in a notebook. But if you don't save all that then you won't be able to access your wallet and you will lose your Bitcoin.