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xBDT Script

What will you do if a thief takes your hard copy

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If Bitcoin was stored on the exchange, it demanded that the stolen Bitcoin be returned and that the exchange compensated for the damage. On a personal wallet, you can only calculate the addresses where your funds went. 


 

 

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Yоu should hаve а few type of sеcurity estimаtiоn tо keеp yоur сoins steаdy, proper?

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On 10/17/2019 at 1:13 AM, xBDT Script said:

Say you have a bitcoin wallet and you have a printed copy with the seed. You stored in a safe deposit box and someday you discovered that the printed copy is not there with some other money you had there. I mean, someday you discovered that you someone stole everything from that deposit box. 

What will you do to get back your coins (assuming other things are not as much important as the coins you have)?

Let's share the idea of how we can see ourselves not to be a situation like this.

When I realize my hardcopy has been stolen, if I still have a way to enter my wallet, then I will make a temporary online wallet to transfer funds. Why did i do that? When the thief takes a deposit box, automatically opening the deposit box and finding out the hardcopy will take a bit of time, moreover the thief will have difficulty finding what wallet I use.

 

I definitely use the 2FA feature for every wallet I use, if the wallet has that feature.

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Quite a strange question, because scammers simply will not be able to take a copy of my hard drive simply because they first have to break into my house, and then somehow take the data from my hard drive, which is now under a long password. Thanks for the interesting question.)

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Yes, you are right. I think i  like your idea  very much. We use our Bitcoin wallet very carefully when we use it and I will tell you to do so and you can also get help with various security systems of your Bitcoin wallet.its  can be  very helpfull for  us

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I don't thinks that, that thing is so difficult to happen because they have already saved your coins in your saved wallet, I think you have to do all this before doing any exchanges or pay for any investment, but if you have it already happened then you have to change you wallet to another one as fast as possible before any doing other things.

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I don't think there is any thing better to be done in that type of situation because you could not reverse a transaction on the blockchain. The only  thing you have do is to forget about it and improvise on where you can  store means the deposit box and also your hard copy I am not ready for that so I don't know what to do if it is happen so i hope i won't encounter that thing

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It seems I think it depends on who or how the thief who took my hard copy, if non-tech people and do not understand crypto and other important data I think we do not need to panic too much but if it does understand I think we should quickly send our assets if still holding the private key in the cloud or elsewhere.

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When yоu hаvе gоt а reinforсement dupliсatе with the non-publiс kеy fоr this kind of pаpеr wallеt, yоu оught to be able to surgе to be able to gо engrossed a little while сurrently the particular burglar gets into that and also attempt to rеquirе out there the particular сash. In the event you dо simply no lоngеr havе а momеnt vеrsion, I do not consider you are going to dо sоmеthing.

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just you have to go police station and make a complain. but if the theif is smart then you can loss all your money

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I must have to inform police because otherwise there will be no way to get back this again. So there only have only one idea for me

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On 10/17/2019 at 1:13 AM, xBDT Script said:

Say you have a bitcoin wallet and you have a printed copy with the seed. You stored in a safe deposit box and someday you discovered that the printed copy is not there with some other money you had there. I mean, someday you discovered that you someone stole everything from that deposit box. 

What will you do to get back your coins (assuming other things are not as much important as the coins you have)?

Let's share the idea of how we can see ourselves not to be a situation like this.

I will try to open the wallet by other new devices, and if that way is not to work, then I think I cannot do anything. I hope that the thief doesn't know about bitcoin so they cannot use the seed to access my wallet. But I will not be safe the deposit box in my home because that is too risky. I will rent a place in the bank because the safety box is my treasure for my life and my family and I don't want to get something worse if I don't take in a safe place. I hope I never get that terrible experience in the future.

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If you have the hard copy of your bitcoin paper wallet key, its better to have more than one hard copy in order if one get stealed you'll remain with stock.

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I think its always to have a other copy of your wallet address, so if its get stolen by someone. fastly transfer the funds from there before the thief do it first. or if you dont have a backup resources then you cant do anything but just go to the nearest police station and report for a thief crime. 

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I can't do anything if I don't have other copy of my hard copy. I will learn a big lesson about that & next time will stay alert about that.

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I have an idea and actually you can created new wallets and before the hackers stole your funds them move all of your funds to new wallets and although if hackers can access your old wallet then they will can't do anything because the wallets is emply and all of your funds moving to another wallets

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I think its consistently to have an other duplicate of your wallet address, so if its get taken by somebody. fastly move the assets from that point before the criminal do it first. or on the other hand on the off chance that you dont have a reinforcement assets, at that point you cannot do anything other than simply go to the closest police headquarters and report for a cheat wrongdoing.

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Yes this is identical awkward to acknowledge if it happens and with anticipation it does not go on to us all. perhaps the complete you tin organize is testimony to the police force and safety test the cctv of the igloo if you have one
 

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If I should reply to this topic, I will say depending as when you discover it is stolen. however, I will quickly create another wallet, then transfer all my coins to it. Unless the thief is smarter than I am.

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6 minutes ago, MOProgress said:

If I should reply to this topic, I will say depending as when you discover it is stolen. however, I will quickly create another wallet, then transfer all my coins to it. Unless the thief is smarter than I am.

Hackers tend to take your coins with multiple transactions, which gives you an opportunity to transfer your coins, but scammers and thieves would use only one transaction.

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14 minutes ago, wilbertson said:

Hackers tend to take your coins with multiple transactions, which gives you an opportunity to transfer your coins, but scammers and thieves would use only one transaction.

So before they can do anything with our wallet, we need to send the coin into another wallet, which we have so they cannot steal our coins. We can install the other wallet in the other devices so we can act fast before it's too late. I am sure that they cannot do something if the transaction process starts, so they don't have a chance to get the coin. But unfortunately, their act is too fast, and sometimes we are late to respond to what they did, and that means we are losing that coin before we realize. That is why we need to have more than one wallet to secure our coins, but that will not necessary if we have a hardware wallet because we only need to save that hardware into a safe place.

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7 minutes ago, aqua said:

So before they can do anything with our wallet, we need to send the coin into another wallet, which we have so they cannot steal our coins. We can install the other wallet in the other devices so we can act fast before it's too late. I am sure that they cannot do something if the transaction process starts, so they don't have a chance to get the coin. But unfortunately, their act is too fast, and sometimes we are late to respond to what they did, and that means we are losing that coin before we realize. That is why we need to have more than one wallet to secure our coins, but that will not necessary if we have a hardware wallet because we only need to save that hardware into a safe place.

Here is the best solution, keep your coins in paper wallets and spread them to multiple wallets let say 0.01/wallet for 0.1 btc. It is safer this way. Paper wallets are my preferable cold wallets, because they are free.

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1 hour ago, wilbertson said:

Here is the best solution, keep your coins in paper wallets and spread them to multiple wallets let say 0.01/wallet for 0.1 btc. It is safer this way. Paper wallets are my preferable cold wallets, because they are free.

That is a good solution too, so we don't have to afraid or worry if somehow, we lose that paper wallet because we still have the other paper wallet with the amount of bitcoin inside that wallet. But maybe we can take all of those wallets in one safe place so we don't have to confuse to think about where we can place all of the wallets. But the most important thing that we must do is never telling other people who we don't know so that people don't ask anything about our wallet. That will be dangerous is other people knows about bitcoin that we have.

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1 hour ago, RoyJones said:

You can  do nothing in such situation. All you can to do is create new wallet and pass 2fa autententication. I heard hackers stole more then one billion dollars frm users

Which is why ita important to do those things beforehand and don't risk your coins being exposed to hackera as easy as hacking a Facebook account because your trading account is holding your hard work not just something you should leqve unguarded. 

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