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Topic: Another wallet key lost. - page 2. (Read 562 times)

full member
Activity: 213
Merit: 103
February 13, 2020, 01:58:40 AM
#53
When I lost a wallet pass phrase a year ago, I see to it to keep all of my pass phrase under one notebook. Of course I keep it safe as no one knows that I am into cryptocurrency. it's just too bad that as far as I know there is no way to retrieve an account when you don't have the pass phrase.
sr. member
Activity: 1330
Merit: 326
February 13, 2020, 01:32:14 AM
#52
Well, at first i wasn't aware of that recovery phrase too but the wallet will first give some warnings/advice that we should take down the recovery phrase for this reasons. I remembered, I did not write it down before and good thing before I have decided to uninstall it, I transfered all my funds to another wallet. That should be a lesson learned for your friend, try to contact their support and ask your friend for some data confimations.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
February 12, 2020, 06:01:08 PM
#51
Ow, that's a bad thing that he didn't write his seeds (recovery words). It's the most important thing because if you don't have it, you don't own your coin.
I think he can experiment of a system restore just like the PCs have this feature but it would be through his smartphone. I don't know if there's a required software with that but if there's nothing to lose, he might try recovering it in that manner and hoping that the app won't ask for the seeds when the app is restored.
full member
Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
February 12, 2020, 01:47:19 PM
#50
He wasn't properly informed about the vital informations and rules that must be applied or taken into account before holding any coin. Every wallet have their own mode of protection, in some wallets they use private keys, some uses backup phrases etc while some uses both. In whichever case, one needs to understand that both are very important to the security of their funds and losing them means losing their assets. This is what your friend failed to understand. It has happened, and now it's better you make out time and teach him all he needs to know in order to avert such mistakes in the future.
member
Activity: 798
Merit: 14
February 12, 2020, 01:13:56 PM
#49
This happens daily. Most person either misplace or totally lose their wallet keys.
It's always advice able to enable 2fa in all wallets and to back this up in your hard drive or Google drive. It's painful let your friend try hacking the wallet if he remembers any of the keys.
jr. member
Activity: 176
Merit: 1
February 12, 2020, 12:56:54 PM
#48
This sounds serious, how could the time and thought that have been expended be in vain, plus the contents of the wallet which is quite quite contents. A wallet key is something vital, so don't be careless about it. always be wise in keeping your keys. if it happened to me, I would be so panicked
member
Activity: 490
Merit: 10
February 12, 2020, 11:48:41 AM
#47
There is no way to retrieve the recovery seed because uninstalling the wallet application will surely wipe all its data and cache too so its gone, next time he will understand how important private keys are , many did the same mistakes so its a lesson
full member
Activity: 411
Merit: 101
February 12, 2020, 11:19:37 AM
#46
every time you install a wallet, there has been told to save the phrase. And how can he rewrite 12 words without saving them? If only remember, that's amazing. Maybe you can with other options such as logging in with email + password. You try asking the support whether it can be recovered or not.
sr. member
Activity: 1260
Merit: 315
www.Artemis.co
February 12, 2020, 09:32:21 AM
#45
You should have told him first when teaching about making a wallet, when I first taught a friend I always reminded that phrases and pk are the most important things of the wallet.
whatever it is he will definitely remember this incident because of 640 $ a lot of money especially if he collected it from the campaign or bounty that he followed.
I remember telling him how important private keys and recovery seeds are, if I was the one who helped him opened the wallet I would have forced him to write out the recovery phrase, its not my fault here
Not your fault but I know deep inside you feel responsible.
But anyway, you can still help him by trying to retrieve his wallet. Since it is an android wallet, there are some other ways to try retrieving it. As far as I know, the data of an android wallet will remain as long as your phone will not get reset or so (but it still depends on the wallet), if it is not applicable, you can try reaching out the support of the wallet and will ask for their assistance and they will give you ways to retrieve the wallet.
jr. member
Activity: 168
Merit: 2
mada mada dane
February 12, 2020, 08:42:46 AM
#44
Yesterday someone I knew uninstalled his wallet from his android phone mistakenly and he told me to help him recover his wallet but guess what? he did not write out the wallet recovery phrase, the wallet consist of 640$ worth of bitcoin, he was broken, felt pity for him, how can someone not take recovery seed serious? that's what came out of my mouth, Really I felt pity for him because he went through a lot to gather that bitcoin, people need to start taking wallet keys or phrases very serious, newbies should please understand that without these keys you lose your money, time and energy

That's a lot of money, sadly. I think your friend and I had a similar situation. I recently changed my phone and unfortunately, I misplaced my wallet recovery phrase! I haven't found it until now so I still can't access my account. The good thing was it doesn't contain much so I am still okay so far.
sr. member
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
February 12, 2020, 06:09:57 AM
#43
This is really painful given to the fact it is Bitcoin of all cryptocurrencies. The mistake has been made and there is no way out because we are in a decentralized environment where everyone is supposed to be incharge of his privacy and security. With what happened, it's best you take out time and teach him in the importance of private keys, backup phrases, keystore etc. All these are the first thing to learn before ever thinking of investing or holding any crypto because when issues happen that when we know the importance of keeping records. As a suggestion, he can write his keys etc on a piece of paper and save in various directions in his house (that is if he is living alone) also, saving on a computer is good but must be compressed and locked for more security, but I don't apply this because anything can happen to the computer.
sr. member
Activity: 1022
Merit: 257
February 12, 2020, 05:49:05 AM
#42
You should have told him first when teaching about making a wallet, when I first taught a friend I always reminded that phrases and pk are the most important things of the wallet.
whatever it is he will definitely remember this incident because of 640 $ a lot of money especially if he collected it from the campaign or bounty that he followed.
I remember telling him how important private keys and recovery seeds are, if I was the one who helped him opened the wallet I would have forced him to write out the recovery phrase, its not my fault here
You're really not at fault here, it is your friend's responsibility to secure his wallet by saving his own private keys or recovery phrase. You have helped him enough by telling him what is important, then it is his responsibility to follow your reminders about it.
member
Activity: 798
Merit: 38
February 12, 2020, 05:46:05 AM
#41
The spirit of negligence to me is a serious issue that should be checked and that we should be careful of. Yes, you might have so many things up your sleeves to achieve, but something is better done at the right time, than being postponed. This is where procrastination comes in. The guy that lost or did not write down his wallet's recovery phrase might have procrastinated writing it down, but which later turned out to what he never planned for. It is a lesson for him. he can still make much more than what he has lost because he is still living.
I am sure he would have learnt his lessons, never to repeat it again.
member
Activity: 1078
Merit: 10
February 12, 2020, 05:26:17 AM
#40
When you come to the world of crypto, you should clearly understand you are 100% responsible on your actions. Private key for you wallet is the best example - pay attention to keep your seed phrase in a safe place if you do not want to loose all your funds.
member
Activity: 742
Merit: 16
February 12, 2020, 04:41:38 AM
#39
You should have told him first when teaching about making a wallet, when I first taught a friend I always reminded that phrases and pk are the most important things of the wallet.
whatever it is he will definitely remember this incident because of 640 $ a lot of money especially if he collected it from the campaign or bounty that he followed.
I remember telling him how important private keys and recovery seeds are, if I was the one who helped him opened the wallet I would have forced him to write out the recovery phrase, its not my fault here
member
Activity: 742
Merit: 16
February 12, 2020, 04:37:58 AM
#38
How long ago did your friend collect his bitcoins? And why did he neglect to keep them safe? Is he just a superficial person or a fool ?
He is a newbie and he have been disturbing me to show him how to buy bitcoin, its just that I'm always busy whenever he come around and yet I told him to chill that I will put him through, he went behind my back to download coinomi wallet and he failed to write out its recovery seed, now that he mistakenly uninstalled the wallet the recovery seed is lost
sr. member
Activity: 1148
Merit: 252
Undeads.com - P2E Runner Game
February 12, 2020, 03:35:23 AM
#37
You should have told him first when teaching about making a wallet, when I first taught a friend I always reminded that phrases and pk are the most important things of the wallet.
whatever it is he will definitely remember this incident because of 640 $ a lot of money especially if he collected it from the campaign or bounty that he followed.
hero member
Activity: 2072
Merit: 656
PredX - AI-Powered Prediction Market
February 11, 2020, 07:47:46 PM
#36
No backup of phrase or the private key of the wallet even from the application? Wow, so careless. If he has that big amount of funds, he should have known to be careful and smart in managing his asset. Moreover, this is about the very basic thing that must be understood. If you have no ph or pk, it means you don't own the wallet. Simple. But yeah, everybody has different characteristics. This can be a big lesson for all members here to be more careful. Save the important data and make backup always.
hero member
Activity: 1708
Merit: 651
SmartFi - EARN, LEND & TRADE
February 11, 2020, 07:36:47 PM
#35
It is a classic story. Nevertheless, the loss of your friend will benefit the world - the number of bitcoins has irrevocably decreased.
I think nothing can be done here. Unless the application your friend used was able to save some data on the device itself.
I do not know how likely they are to recover, but you can always try to study this issue.
copper member
Activity: 966
Merit: 5
February 11, 2020, 05:45:31 PM
#34
Yesterday someone I knew uninstalled his wallet from his android phone mistakenly and he told me to help him recover his wallet but guess what? he did not write out the wallet recovery phrase, the wallet consist of 640$ worth of bitcoin, he was broken, felt pity for him, how can someone not take recovery seed serious? that's what came out of my mouth, Really I felt pity for him because he went through a lot to gather that bitcoin, people need to start taking wallet keys or phrases very serious, newbies should please understand that without these keys you lose your money, time and energy

This is really heartbreaking and I can only but imagine what he is passing through now. It isn't easy to hold coins like BTC only to lose them but yet we need to be careful. One thing known about this crypto space is the case of private keys or backup phrase; all these should be considered extremely important. The security of our tokens lies in our hands and as such if compromised or private keys lost, there is nothing that can be done. I would implore you to teach him how to safeguard his wallet keys.
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