What if someone lost his Bitcoin wallet?

[Sumayya 493]

53 minutes ago, SuperCrypto said:

If you store in a safe place, a backup copy of your wallet can protect you from computer interruptions and many human errors. It can also help you recover your wallet.

Yes if you store in a safe and backup your private key, then you are safe now

[DavCrypto 298]

1 hour ago, Sumayya said:

Yes if you store in a safe and backup your private key, then you are safe now

As much as you can, do not disclose any information that can be used to access your personal information, from personal identification numbers, phone numbers, email addresses, passwords, etc. Not even your mother's name or the name of the first pet raised by him, you know that these questions are used to verify identity.

[Casinoval 330]

The most important thing is your private keys, they are The keys to your Bitcoin on the Bitcoin block chain, if you have them you can use it on another wallet and retrieve your funds.

[maricans 401]

On 12/22/2019 at 2:54 AM, 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?

Indeed yes,

that personally i think that if someone has lost access to bitcoin wallet then it will be lost forever in the web whether how much the amount it is, it is not possible to retrieve lost bitcoin.

[Upright 2688]

That's why its always good to have funds on wallets which provides private key access

[Majd103 55]

There must be certified electronic currency banks, such as currency banks

[Upright 2688]

That's why its advisable to store funds on wallet providing private keys, so as to have control over your funds entirely

[energyl33t 443]

I think cryptocurrency exchange site will se non-used a long time balance and will delete it

[khaler 1549]

It is better to keep the information of the wallet in a secure folder such as the password and information and keep it in an external storage memory. If you lose that information, you can contact the support team that will help you in returning this wallet but you will need some time

[whymeidontknow 676]

Yes, if a person loses access to their wallet, bitcoin can not be returned in the same way as if you burned a 100-dollar bill, for this now wallets do everything possible to protect users and give a chance to recover (Secret phrase, etc)

[SuperCrypto 7193]

23 hours ago, Sumayya said:

Yes if you store in a safe and backup your private key, then you are safe now

The main security feature of Bitcoin transactions is the private key which allows you to perform irreversible transactions when sending Bitcoin to a different address. In addition, the private key creates a unique mathematical signature on each transaction, making sure that it cannot be copied, and that the user can use the same private key repeatedly.

[MohammadMohsin 569]

It can be recovered if you got the private keys for the wallet safe. Cause if your private key is also lost then your wallet is completely lost and all your money is gone. So yeah! It can still be recovered.

[Honny143 13612]

If you loss bitcon wallet you never recollected the wallet when you do extra safety and generate your private key than you recollected the account but when you not generate the private key then your account not back your bitcoin must be burn so don't lost your walllet  and generate your private to need 

[silvergain 271]

i lost my bitcoin wallet and unable to recover it. because my hardware has been crashed and no data i lefts. i bought new hard disk and then installed bitcoin wallet but all of the previous data was lost. so how could i recover it? any suggest? 

[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..at the time of registration of any wallet there will be ginving a 12 phrase which is used to recover our wallet in case of password forgotten.

[SuperCrypto 7193]

36 minutes ago, amhotsi said:

If you misplaced your personal key at that factor your “ACCESS” to that pockets is out of place too. Which method your bitcoin nevertheless stay in blockchain - and will now not be deducted in the contemporary deliver. In the occasion that quantum pc can ruin your non-public key at that factor they can get in your coin (in the destiny)

Some wallets use many private keys internally. If you only have a backup copy of the private key addresses shown, you may not be able to recover a large portion of your money using this backup.

[Akbor 1042]

On ‎1‎/‎16‎/‎2020 at 10:15 AM, Sagor211 said:

That when the Bitcoin issue started, many people did not backup their accounts and lost their BTC, and it is said that the amount is already high. Several months ago I read an article when there was not much wallet options .

I think by this way we losing many crypto daily. if anyone lost his key and cant recover it then the coins in the wallet cant be accessible any time.

[Sagor 500]

1 hour ago, badboy4 said:

If that wallet is not recoverable then the coin will be get burned

Yes, right you are many people are lossing their private key of any wallet and thats why the coins are becoming lost from the circulating supply.

[guatazoo 7150]

3 hours ago, Enayem90 said:

 In my perspective if you forgot the password or keys everything of your efforts will gone....

You are right, that is why a better means to keep those keys safe should be applied.

[khaler 1549]

If you have the password, I think you can easily recover it, but if you do not have it, you will face a problem, but you can contact the support team for this wallet.

[SuperCrypto 7193]

3 hours ago, khaler said:

If you have the password, I think you can easily recover it, but if you do not have it, you will face a problem, but you can contact the support team for this wallet.

Your wallet must be locked. Bitcoin makes transferring value anywhere possible in a very easy way and makes you fully in control of your money. Great features also come with big safety concerns.

[SuperCrypto 7193]

2 minutes ago, wrayaner said:

If someone lost their Bitcoin wallet they would lose all their money so they must keep their password and email and not give them to anyone in order to not lose access to their wallet.

Bitcoin can provide a very high degree of security if used properly. Always remember that your task is to adopt good habits in order to protect your money.

[MCSGlegend 2210]

If you lose access to your bitcoin wallet, you can try to restore it using a secret phrase that is now being added everywhere, if you lose it, you can write in support of your wallet, but I think this is unlikely to help.

[DavCrypto 298]

Bitcoin wallets are similar to a regular wallet with money in them. If you were not to keep a thousand dollars in your wallet, you might want to do the same with your bitcoin wallet. In general, it is a good idea to keep only a small amount of bitcoin in it.

[Akasshh 234]

If you have lost your bitcoin wallet then - If you have a backup ,then you can restore your wallet on a new phone or on a computer with a different wallet software.If you don't  have a backup then yes you will lose all of your bitcoin and it is nearly impossible to recover .