I have had reports of people complaining of their lost wallets. some where asked to provide the pass codes of their wallets forcefully at gun point. In my locality now this is the modern age robbery. People are much aware about bitcoin and are using this means to steal from innocent bitcoin enthusiasts. My friend was a victim couple of days ago as she was robbed of her valuables and the robbers went further to ask for her blockchain password which she fearfully provided and immediately her bitcoin was wiped away from her wallet. This is so scary and threatening to bitcoin enthusiasts.
Topic: Bitcoin Robbery - page 2. (Read 468 times)
I have had reports of people complaining of their lost wallets. some where asked to provide the pass codes of their wallets forcefully at gun point. In my locality now this is the modern age robbery. People are much aware about bitcoin and are using this means to steal from innocent bitcoin enthusiasts. My friend was a victim couple of days ago as she was robbed of her valuables and the robbers went further to ask for her blockchain password which she fearfully provided and immediately her bitcoin was wiped away from her wallet. This is so scary and threatening to bitcoin enthusiasts.
OP do you create fake story?
If the robbery only know the blockchain password, how can he able to log in? He need to confirm the confirmation link send to your friend email.
If the robbery only know the blockchain password, how can he able to log in? He need to confirm the confirmation link send to your friend email.
It's possible OP confused PIN with password. If OP's friend was using the blockchain.com app, only the 4 digit pin code is needed in order to access the wallet supposing they do not log out every use.
But getting those authorization emails/OTPs wouldn't be hard cause most people have their email accounts and authenticator app in their smartphones as well. You could password protect these apps, but robbers can just ask this while pointing a gun at you.
I would give the benefit of the doubt for now.
Try to avoid fake promises in the forums. Many bitcoin users have displayed their personal details to robbers, thinking they are there to help. Anyone that is ready to help you, will never demand for your wallet details or other details before they can help you.
Try to understand that decentralized currency is different from fiat money. There are many scammers in the forums but if you really understood the rules and regulations of bitcoin, I think no one can robb your bitcoin. Never you tell anybody about your bitcoin details no matter how close you and the person are in the community . There are some users are just there for robbery but by their character you can identify them in the forum .
Try to understand that decentralized currency is different from fiat money. There are many scammers in the forums but if you really understood the rules and regulations of bitcoin, I think no one can robb your bitcoin. Never you tell anybody about your bitcoin details no matter how close you and the person are in the community . There are some users are just there for robbery but by their character you can identify them in the forum .
Security is also man basic needs on earth because it’s very devastating and most times deadly when someone steals our valuables. The reason I suggest for a confirmation code for every transaction is simply because bitcoin and most crypto are decentralized making it almost impossible to recover lost coins. There should be a confirmation code sent to our email or phone number during transaction in crypto wallets to originally prove the transaction is being performed by the real owner of the wallet, once the confirmation code is received via gmail or any other means and has been copied in the appropriate place. This action will automatically confirm the transaction in the wallet.
I have had reports of people complaining of their lost wallets. some where asked to provide the pass codes of their wallets forcefully at gun point. In my locality now this is the modern age robbery. People are much aware about bitcoin and are using this means to steal from innocent bitcoin enthusiasts. My friend was a victim couple of days ago as she was robbed of her valuables and the robbers went further to ask for her blockchain password which she fearfully provided and immediately her bitcoin was wiped away from her wallet. This is so scary and threatening to bitcoin enthusiasts.
Email notifications or sms codes are only plausible on custodial wallets you do say but not into those wallets which are truly non custodial ones because you would really be needing your wallet keys.I have had reports of people complaining of their lost wallets. some where asked to provide the pass codes of their wallets forcefully at gun point. In my locality now this is the modern age robbery. People are much aware about bitcoin and are using this means to steal from innocent bitcoin enthusiasts. My friend was a victim couple of days ago as she was robbed of her valuables and the robbers went further to ask for her blockchain password which she fearfully provided and immediately her bitcoin was wiped away from her wallet. This is so scary and threatening to bitcoin enthusiasts.
Of course you had set out some password too but what most important is the keys because once people had already known about these keys then they do really have the access on your wallet
anytime.Its not new about these crypto crimes that do happen on where a certain user had been hold up and forcefully gets their key or account information.
The thing here is that stay low key and never ever show yourself that you do get involved with crypto.Criminals are just everywhere.
So now people will understand why most of us..are not giving our Facebook Identity or our email address or personal information for Air drops or a couple of free tokens. This is what people used to do when Ripple was launched ....back in the day.... they simply gave up their real identity for a couple of tokens.
Also.... all the KYC requirements that you willingly give to obscure new Online casinos... well, you might be giving it to the wrong people.
Your true identity must never be linked to your main "hoard" ....always build a buffer between your main hoard and the accounts you use online. (Use several Mixer services, to break the link) 
Also.... all the KYC requirements that you willingly give to obscure new Online casinos... well, you might be giving it to the wrong people.
Your true identity must never be linked to your main "hoard" ....always build a buffer between your main hoard and the accounts you use online. (Use several Mixer services, to break the link) Perhaps the best form of security is providing no indication that you own Bitcoin. Tell no one that you have some. Outside of this, there is really no guarantee that you are safe.
To be fair there are no guarantees at all. Being exposed to the market means that inevitably you need to start thinking of measures to prevent you from being assaulted/attacked. I suppose it makes sense to keep your BTC investment to yourself only and not bring it up unless among trusted people. This is a scary thing and the best we can do on here is make people aware that bad things can happen, and we need to do the best that's in our power to avoid these situations.
Here's a reason why you don't blabber too much on how you earn money, you don't know who's listening and you don't know if they are a malicious entity, remember to always be lowkey and if there's an incident like this in a neighborhood, if able to move, you need to move away from that neighborhood.
The blabberings are often products of a need to impress others. It's the youth who fall prey to this as they're always eager to flaunt their material possessions before anyone who cares to look. That's often possibly the cause of most Bitcoin/crypto robberies. Otherwise, robbers won't have that time to ask whether a victim has a wallet or not. Except if it's a robbery that's similar to kidnapping where robbers have their victims hostage. Most robberies are hastily done. The loud mouths should take note.Anyway , Nice Story OP 
you entertained us .
What about the lessons inherent in the story. Didn't you learn a thing or two? Well, I did. you entertained us .
I think that is related to how people secure their wallets and prevent the thief from stealing their money. While we can use mobile phones to store our crypto in that phone, we need to keep it hidden from other people who can open our phone and access that phone.
There is a hardware wallet that we can use as a cold wallet and we do not have to carry it anywhere. It will be safe for us to put that hardware wallet in our home and in a place that only we know.
We do not have to tell others that we have crypto and it stores in our wallet because that can attract the same cases as your friend. The security of the wallet will depend on how we can protect the wallet.
There is a hardware wallet that we can use as a cold wallet and we do not have to carry it anywhere. It will be safe for us to put that hardware wallet in our home and in a place that only we know.
We do not have to tell others that we have crypto and it stores in our wallet because that can attract the same cases as your friend. The security of the wallet will depend on how we can protect the wallet.
OP do you create fake story?
Obviously mate this is a Merit farming thread , there is no clear statement in this one actually .even the title is Misleading because i find interest visiting the thread because of the "Robbery" word in which i look for the story behind that but seeing nothing but a generic story
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Anyway , Nice Story OP
you entertained us . 
OP do you create fake story?
If the robbery only know the blockchain password, how can he able to log in? He need to confirm the confirmation link send to your friend email.
If the robbery know the seed pharse of your friend wallet, then your suggestion is useless since they don't need to confirm 2FA.
And it's not about security, but privacy of the person.
If the robbery only know the blockchain password, how can he able to log in? He need to confirm the confirmation link send to your friend email.
If the robbery know the seed pharse of your friend wallet, then your suggestion is useless since they don't need to confirm 2FA.
And it's not about security, but privacy of the person.
Get a Second phone. Most people only owns one smartphone at a time hence there's a high chance the robber wouldn't be able to think you have another one. Worst case scenario is if they thoroughly check your bag (get a bag with secret pockets!) although IMO most robbers are in hurry and so I don't think this is something highly likely.
If you can, leave your main phone at your house. That would provide better security.
If you can, leave your main phone at your house. That would provide better security.
I thought this is a story of someone being a victim or a latest news about Bitcoin robbery but it seems like this is just another Old thread that tackles about 2fa ( two factor authentication)
we must always secure our account with 2fa because scammers and hackers are more great than before , there are even scenario that a newly created account after depositing losses his funds because of no 2fa.
But thanks for the reminder this might be fore Newbie in crypto or those old timer that has Hard head not putting security in their funds.
we must always secure our account with 2fa because scammers and hackers are more great than before , there are even scenario that a newly created account after depositing losses his funds because of no 2fa.
But thanks for the reminder this might be fore Newbie in crypto or those old timer that has Hard head not putting security in their funds.
What you're asking is already being done by centralized wallets and exchanges so there's really no need for that to ask. As you have said that this is a decentralized market, you're responsible for your every action. Looking at the perspective of receiving a code or a confirmation then it's not decentralized anymore. But if you use non-custodial wallets then you just have to activate the 2FA and everybody knows that and probably a few still doesn't that are very new.
Security is also man basic needs on earth because it’s very devastating and most times deadly when someone steals our valuables. The reason I suggest for a confirmation code for every transaction is simply because bitcoin and most crypto are decentralized making it almost impossible to recover lost coins. There should be a confirmation code sent to our email or phone number during transaction in crypto wallets to originally prove the transaction is being performed by the real owner of the wallet, once the confirmation code is received via gmail or any other means and has been copied in the appropriate place. This action will automatically confirm the transaction in the wallet.
That is the basic part of decentralization, you only have the key and you need to protect it by any sense. You can used 2FA, and this is what you are describing.
I have had reports of people complaining of their lost wallets. some where asked to provide the pass codes of their wallets forcefully at gun point. In my locality now this is the modern age robbery. People are much aware about bitcoin and are using this means to steal from innocent bitcoin enthusiasts. My friend was a victim couple of days ago as she was robbed of her valuables and the robbers went further to ask for her blockchain password which she fearfully provided and immediately her bitcoin was wiped away from her wallet. This is so scary and threatening to bitcoin enthusiasts.
This is another thing, you can't do anything if someone is pointing a gun in your face. Not sure how your friends become a victim and it's unfortunate event. I can only speculate that she might have talk to someone offline or online and blurted about her bitcoin stash. So that's a big lesson not to divulge your bitcoin holdings to a total stranger, just keep a low profile.
OP you are simply saying what most security people already say,,, which is, secure your device and make sure only you have access. You can still use Bitcoin as it was intended, to be only accessed by you and you alone. Even on Electrum you can install 3rd part 2fa confirmation so you do not need to rely on external wallets or websites to protect your coins.
Lost wallets is not a weakness of Bitcoin, it is a weakness of storage. If you also lost your passport, nothing can help you recover it
Lost wallets is not a weakness of Bitcoin, it is a weakness of storage. If you also lost your passport, nothing can help you recover it
Security is also man basic needs on earth because it’s very devastating and most times deadly when someone steals our valuables. The reason I suggest for a confirmation code for every transaction is simply because bitcoin and most crypto are decentralized making it almost impossible to recover lost coins. There should be a confirmation code sent to our email or phone number during transaction in crypto wallets to originally prove the transaction is being performed by the real owner of the wallet, once the confirmation code is received via gmail or any other means and has been copied in the appropriate place. This action will automatically confirm the transaction in the wallet.
I have had reports of people complaining of their lost wallets. some where asked to provide the pass codes of their wallets forcefully at gun point. In my locality now this is the modern age robbery. People are much aware about bitcoin and are using this means to steal from innocent bitcoin enthusiasts. My friend was a victim couple of days ago as she was robbed of her valuables and the robbers went further to ask for her blockchain password which she fearfully provided and immediately her bitcoin was wiped away from her wallet. This is so scary and threatening to bitcoin enthusiasts.
In my case, there's no confirmation for a transaction, but I have 2FA enabled in order to access the wallet. So if I'm already in the system, I can spend money, but to get there, I have to go through confirmations. I think it's a common and sufficient practice to limit mistakes and hacks. As for the gun point, this is an extreme situation, in which no additional confirmation would help not to lose the money. In case of a robbery, I think that mental stability and staying alive is way more important than securing your money. And if she had some confirmation set up, the robbers would just ask for that and leave once everything is complete. I have had reports of people complaining of their lost wallets. some where asked to provide the pass codes of their wallets forcefully at gun point. In my locality now this is the modern age robbery. People are much aware about bitcoin and are using this means to steal from innocent bitcoin enthusiasts. My friend was a victim couple of days ago as she was robbed of her valuables and the robbers went further to ask for her blockchain password which she fearfully provided and immediately her bitcoin was wiped away from her wallet. This is so scary and threatening to bitcoin enthusiasts.
What is the police doing,in my country there are cameras everywhere,a lot of criminals,even murderers have been caught and arrested thank to these cameras.No one can steal anything you in the road here,they can kidnap you yes but as I said there are cameras everywhere so this is very difficult.
I have said many times that I am a fan and enthusiast about Bitcoin and so are many others here yet we don't have fear of being robbed.Online robbery is another thing and only us are responsible for the security of our wallets.
Cameras aren't reliable, I mean most of them don't have a high definition camera so it's going to be hard to chase them of if they have that kind of outdated surveillance system. Also, the only way to prevent this kind of thing is for the people to stay humble and don't flaunt your money where a lot of people can see. I have said many times that I am a fan and enthusiast about Bitcoin and so are many others here yet we don't have fear of being robbed.Online robbery is another thing and only us are responsible for the security of our wallets.
Here's a reason why you don't blabber too much on how you earn money, you don't know who's listening and you don't know if they are a malicious entity, remember to always be lowkey and if there's an incident like this in a neighborhood, if able to move, you need to move away from that neighborhood.
Even though you are not earning too much money it's best to be someone like a normal person in your community or in the crypto industry because of the other people that will hunt you if they know you got something big in your wallet. These kinds of people are expert scammers and they have some unique strategies on how to get your money or how to steal it from you. They won't hesitate as soon as they see some hole or if they can get it from you. they will execute their plan as soon as they can. It's fine to let people think that we are fools as long as we know what we really are.
The great thing about using a currency which isn't mainstream is no one will assume that you are holding any, if you don't tell someone that you use Bitcoin, and there is no evidence on you at the time of robbery that would hint to you holding Bitcoin, they probably aren't going to try, and get that information out of you. Therefore, as long as you don't tell anyone, you could argue that holding value in Bitcoin has its own defense mechanism, simply because most robberies are looking for items that you have on you that are of value, and fiat.
Therefore, you could just give up the cash that you have on you, which should be minimal because you shouldn't be carrying all that much, and then you hopefully would be holding most of your money in Bitcoin rather than fiat.
Therefore, you could just give up the cash that you have on you, which should be minimal because you shouldn't be carrying all that much, and then you hopefully would be holding most of your money in Bitcoin rather than fiat.
What is the police doing,in my country there are cameras everywhere,a lot of criminals,even murderers have been caught and arrested thank to these cameras.No one can steal anything you in the road here,they can kidnap you yes but as I said there are cameras everywhere so this is very difficult.
I have said many times that I am a fan and enthusiast about Bitcoin and so are many others here yet we don't have fear of being robbed.Online robbery is another thing and only us are responsible for the security of our wallets.
I have said many times that I am a fan and enthusiast about Bitcoin and so are many others here yet we don't have fear of being robbed.Online robbery is another thing and only us are responsible for the security of our wallets.
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