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Maxtron73

Maybe one day lost forever bitcoins could be found again ?

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I do not think that this problem will be solved because if they allow this matter by a certain party, this will allow the penetration of active portfolios, but they are not being worked on ...

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According to experts until now they have tried to decipher the phrases of a wallet and have not succeeded for now, so recovering money in cryptocurrencies in a wallet is difficult but perhaps as you say in the future there is some support to recover it.

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My friend, this is an interesting matter, as there are about 10,000 lost Bitcoins in the network, some of them forgot the private wallet key, and some of them were stored in the hard disk and forgot the hard key that is impossible to access, and some of them sent money to the wrong wallet address and the currencies remained in the network and other methods of lost currencies  Encrypted network, if a solution is found for this loss of encrypted currencies and returning them to their owners is a very important matter and we must work on it thank you very much

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I do not think that is possible it is well known that lost Bitcoins are lost forever, but I was wondering if their value could be mined by the current users, I mean it is known that there are around twenty one millions Bitcoin and some of them are mined and some of them are being mined currency so if this huge amount is lost then what about its value, is it distributable on the available ones?

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On 1/25/2020 at 12:20 AM, Maxtron73 said:

Friends and investors there is nothing worse than losing your password or private keys for some reason or another. I have heard that 4 million bitcoin have been lost forever and that is a very large amount on 21 million total. Who knows if there could be  a way in future to rediscover the lost bitcoins? Maybe a new tecnology could resolve this ?

That's one of the reasons why people should keep their private key safe, imagine all the bitcoin has gone and no means to reclaim it.

always keep your private keys safe

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19 hours ago, Lokeloke said:

That's one of the reasons why people should keep their private key safe, imagine all the bitcoin has gone and no means to reclaim it.

always keep your private keys safe

@Lokeloke  that's why we must keep our private keys data in safe place, and  it's true in crypto world there are million of bitcoin lost means locked in wallets, because those wallets owner lost their wallet keys data, so store these keys in safe place and set a backup if unfortunately  we lost keys then easily recover.

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I don't think so because most wallets are built on blockchain and decentralization, meaning that when keywords are lost, even the wallet team cannot get them back for you.

So, the best way to keep passwords and keywords is to store them in a file in a safe place and write a hard copy of them as well.

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On 1/25/2020 at 4:20 AM, Maxtron73 said:

Friends and investors there is nothing worse than losing your password or private keys for some reason or another. I have heard that 4 million bitcoin have been lost forever and that is a very large amount on 21 million total. Who knows if there could be  a way in future to rediscover the lost bitcoins? Maybe a new tecnology could resolve this ?

I think it is a big amount. Bitcoin is a very popular currency. I think if you recover your password or private key maybe you rediscover your bitcoins in future. If you lost your all assets I think it can't be returned.

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Yes my friend you are right Re do not know if there is a way to recover All The Lost Bitcoins for the Bitcoins which are sent to wrong address because the blockchain technology is still new and there are alot of discoveries to make

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15 hours ago, Honny143 said:

@Lokeloke  that's why we must keep our private keys data in safe place, and  it's true in crypto world there are million of bitcoin lost means locked in wallets, because those wallets owner lost their wallet keys data, so store these keys in safe place and set a backup if unfortunately  we lost keys then easily recover.

@Honny143 but yet that doesn't guarantee us to keep the private keys written just anywhere because if it's written where people will obtain them then the account is not safe as they may use it to access your account behind you and withdraw your funds, so don't write your private keys just anywhere

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3 minutes ago, Lokeloke said:

@Honny143 but yet that doesn't guarantee us to keep the private keys written just anywhere because if it's written where people will obtain them then the account is not safe as they may use it to access your account behind you and withdraw your funds, so don't write your private keys just anywhere

Well @Lokeloke  yes as like you said there is also a possibility that someone know our details, and withdrawal our funds without our permission, so iam also not suggests to write these keys details in paper, but now we have advanced technology tools where we stores these keys safely, our valuable keys safety is our first priority what you say ?.

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I think this is very possible so you should prepare a backup plan.Bitcoin is lost because it is influenced by several mining factors and demand itself.For the future keep the private key so that no more bitcoin is lost.

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Dear friend exactly right that this is a great loss in the field of cryptocurrencies that 4 million bitcoins loss by someone if they forget their private keys. Yes I hope that one day will come that these accounts will be covered and all the bitcoins that losses can be recovered again.

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Dear friend, Bitcoin is a popular currency nowadays.  Whose demand is constantly increasing.  The chances of losing Bitcoin forever are slim.  Bitcoin is being used as a common currency in many countries of the world.  It will spread to all countries at some point.  So make more profit through Bitcoin.  I always want to work with Bitcoin.

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It is super complicated to get the forbidden Bitcoins, although there are people who are paid to find the Bitcoins through slight meditations, these people have high prices. We should keep in mind that for this it is best to focus on having our passwords to our wallets well written down on papers where we don't have to see them. There are already 4million lost, we must take care of the others.

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8 hours ago, Honny143 said:

Well @Lokeloke  yes as like you said there is also a possibility that someone know our details, and withdrawal our funds without our permission, so iam also not suggests to write these keys details in paper, but now we have advanced technology tools where we stores these keys safely, our valuable keys safety is our first priority what you say ?.

Yes you're right @Honny143, for example the feature that's offer by Google that we know as Google password manager offers offer like that and you can keep your password safe on it by saving it and accessing them either automatically or manually, there are many manager online that you can use but nonetheless the password manager requires password too and we should make sure the security of the manager is well manage because if know it can lead them to all your accounts since all your password are linked there


 

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This is very unfortunate and tragic. It is very difficult to think even about losing all of your funds and Bitcoins because you forgot your credentials. I think they are not setting a recovery option because for security purposes otherwise they definitely build a feature to recover your passwords and private keys.

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Brother now the btc is very popular and very good currency and i don't think so they will disappear in future so we should wait them until they are more Worthy and hold your all btc i am surely they will give you benefit

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Yes mate, one day all of these bitcoins which were lost could be easily found. Actually we should not use the term lost and they are actually present in the internet world however it would require lots of time and code cracking to find them all out.

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Yes 4 million bitcoins is a huge amount and anyone would be worried if he lost this big amount but may be there is any technology or any software in future that can discover the lost bitcoins by discovery of the password that is forgotten. I think after making any acount of any app we should save the and username to be used in future. I hope you will be satisfied by my comment. 

Thank you. 

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i don't think so there will be any way to find the lost bitcoins .all the stories we hear about losing bitcoins can serve as a good lesson for each of us to be careful and attentive to us password , that we should keep it very carefully as there is no other way to get an access to the wallet with bitcoins

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Some people still finds their lost wallets and become millionaires overnight, one of them just posted on bitcoin.com news page;

 

1511548168_Screenshot_2021-01-30ResearchProvesRecentTransfersof8000Ten-Year-OldForgottenBitcoinsWereSoldtoCoinbaseF....png.e05e8ed21e64700499811db1464dba2c.png

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it was a very terrible situation, because losing a million of dollars can affect your life. Yes, because there’s a lot of ways that we can recover our lost bitcoins but it needs a lot of time and process to get the lost bitcoins. Be careful and aware on all the things that we do, to avoid losing of funds.

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On 1/25/2020 at 5:05 AM, Maxtron73 said:

Friends and investors there is nothing worse than losing your password or private keys for some reason or another. I have heard that 4 million bitcoin have been lost forever and that is a very large amount on 21 million total. Who knows if there could be  a way in future to rediscover the lost bitcoins? Maybe a new tecnology could resolve this ?

May be this could be possible in future because @Roomihas mentioned that research is being held for the problem. Loosing wallet private key is huge carelessness because it like a money itself. So it is good to protect your private key safely. Thank you!

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It is possible that some technology that is developed in the coming decades has enough power to violate the security of blockchains and gain access to those wallets with blocked funds, however, an ethical dilemma would appear since if you do not have permission to the owners, then it could be considered as theft.

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