Pages:
Author

Topic: Have you ever been stolen or lost your BTC? (Read 1184 times)

jr. member
Activity: 138
Merit: 3
SMM (0.03$/1k)
November 28, 2019, 12:51:28 PM
Huh. Once I was too close to lost most of btc I owned, but then I found recovery stuff.  Cheesy
full member
Activity: 1316
Merit: 108
November 28, 2019, 12:44:48 PM
I have lost my bitcoin to scam trade on telegram and i have been scam by scam casino also. Most worst i used my own money to buy that bitcoin. Now i learn a lesson not to trust anybody and always stay away from any kind of scam projects.
Honestly, I have not seen such a resource as Telegram, which would fill so much fraud.  I have long been convinced that I will not take any information in Telegram seriously.  Any trading actions with cryptocurrency and any signals I consider either fraud or manipulations with the help of which they want to mislead cryptocurrency users.
sr. member
Activity: 854
Merit: 267
★777Coin.com★ Fun BTC Casino!
November 28, 2019, 12:42:41 PM
Recently I've heard someone's speech about keeping BTC on the exchange is not safe. But the same thing may be fair to other types of wallets — it's all about the pros and cons, isn't it?
There must be a comparison based on the number of incidents, statistics, etc.
I mean, ok, let's consider this article as a detailed guide for different types of wallets — there's an explanation, principles of working, advantages and disadvantages — but how do you actually know, which wallet will be safe? How did you choose your current wallet?

Where do you keep crypto? Have you ever been stolen?
Fortunately, I haven't lost any Bitcoins and other cryptocurrencies yet probably because the wallet I am using is secured enough to store my funds. Now, what makes you believe that it is safe to store your funds in exchanges unless if you will put it into long term trade. Exchanges are not supposed to be use as storage that is why wallet is created which is more better use for storing funds.
hero member
Activity: 2716
Merit: 698
Dimon69
November 28, 2019, 10:05:05 AM
I have lost my bitcoin to scam trade on telegram and i have been scam by scam casino also. Most worst i used my own money to buy that bitcoin. Now i learn a lesson not to trust anybody and always stay away from any kind of scam projects.
Many experience being scam, I also joined in some projects but only those requires small amount to participate. I bet there are many newbies who experience it and we should really learn from our past mistakes and take care of our investment like not trusting anyone especially if they offer returns that are too good to be true, as well not lefting bigger amount of investments in one platform, exchange or wallet.
hero member
Activity: 1190
Merit: 511
November 28, 2019, 09:42:35 AM
Unfortunately, yes, I had some BTC stolen from me this summer. I sold some BTC at that time using a well-known, long-established site. Some of the buyers used hacked bank accounts to buy from me. By the time I realized what had happened, of course the BTC was long gone. I lost 3000.00 CAD so far. I had to work with the fraud department at my bank. I'm over the fact that I lost that money but it's probably needless to say it was painful and embarrassing at the time. I wanted a quick sale and in my greed chose to do something less secure. Unfortunately, this is still something I am reminded of every time I look at my chequing account because the bank cannot release a remaining 7000.00 CAD I received from BTC trades. They locked that money indefinitely when the fraud occurred. It seems they have arbitrarily locked the funds related to BTC sales, and I have yet to get those funds released 4 months later.

That's so sad to hear whenever I am finding out someone that they have lost their fund especially their hard-earned money, recently the Upbit was hacked and IDAX seems like a scam too and run away, it's really frustrating and stressing to see a lot of people especially traders who has their fund their on those exchanges. Hope they can still get it, so far in my life, haven't been stolen yet nor hacked any BTC.
member
Activity: 91
Merit: 15
November 28, 2019, 09:20:36 AM
Unfortunately, yes, I had some BTC stolen from me this summer. I sold some BTC at that time using a well-known, long-established site. Some of the buyers used hacked bank accounts to buy from me. By the time I realized what had happened, of course the BTC was long gone. I lost 3000.00 CAD so far. I had to work with the fraud department at my bank. I'm over the fact that I lost that money but it's probably needless to say it was painful and embarrassing at the time. I wanted a quick sale and in my greed chose to do something less secure. Unfortunately, this is still something I am reminded of every time I look at my chequing account because the bank cannot release a remaining 7000.00 CAD I received from BTC trades. They locked that money indefinitely when the fraud occurred. It seems they have arbitrarily locked the funds related to BTC sales, and I have yet to get those funds released 4 months later.
full member
Activity: 783
Merit: 100
November 28, 2019, 02:52:29 AM
I once lost my assets because of a hacker. I save on exchange. so I suggest using wallet hardware to be more secure, and now I use wallet hardware to store assets and be safe to date.
full member
Activity: 346
Merit: 100
November 28, 2019, 01:22:10 AM
I have lost my bitcoin to scam trade on telegram and i have been scam by scam casino also. Most worst i used my own money to buy that bitcoin. Now i learn a lesson not to trust anybody and always stay away from any kind of scam projects.
sr. member
Activity: 400
Merit: 268
November 28, 2019, 01:09:45 AM
Keeping funds in an exchange is not safe in most exchanges, Binance was hacked sometime this year and they went against the norm and actually replaced the stolen funds, same happened in the Upbit exchange that was hacked yesterday, but you shouldn't see this as the norm and start keeping your funds in exchanges because the next hack might be in an exchange that wouldn't replace the funds when it happens, I lost some funds in Cryptopia and thankfully, it wasn't much anyways. Always keep your funds in wallets that you manage yourself and I wouldn't recommend web wallets.
full member
Activity: 644
Merit: 127
★Bitvest.io★ Play Plinko or Invest!
November 28, 2019, 12:47:39 AM
The safest way is to keep your bitcoins in a cold storage and you keep your own private keys. Besides if you lose them then you cannot blame any of the exchanges but yourself alone.

Personally I have many wallets, online and offline, some I just keep on exchanges. Binance have SAFU now and is doing fine since that hacking incident. But if you have bitcoins that you don't want to touch for a long time then better buy a trezor or a ledger.  


All people who have big amount of bitcoin now use cold storage to store all their bitcoin and other cryptocurrencies. I have a friend who have experience lossing bitcoin and it's because of his ignorance and carelessness. I do not want to experience lossing bitcoin that's why I store it in my ledger wallet. It's more advisable to store your bitcoin and other cryptocurrency in cold and hardware wallet than just let in a exchange which is too risky.
sr. member
Activity: 1344
Merit: 270
November 27, 2019, 10:28:59 PM
I recently experienced to lose my fund in an online bircoin wallet. I know that it is my fault why I lose my fund there because of my lack of knowledge and also my carelessness but for me it is ok because I learned a lesson from it and it is to store my bitcoins in hardware wallet that I can ensure that I'm the only one who have acess to it.
Many investor have been stole their bitcoin assets on wallet and lost bitcoin maybe with investing on hype project, I faced with both problem above because stole my bitcoin on liqui exchange wallet and ever lost bitcoin by investing with scam project, I think give experience for me at the future how to secure my bitcoin assets and how to get with legit site for investing later.
newbie
Activity: 12
Merit: 1
November 27, 2019, 09:59:50 PM
Only on exchanges. Never had an issue with paper wallets.
sr. member
Activity: 924
Merit: 275
November 27, 2019, 09:09:03 PM
I recently experienced to lose my fund in an online bircoin wallet. I know that it is my fault why I lose my fund there because of my lack of knowledge and also my carelessness but for me it is ok because I learned a lesson from it and it is to store my bitcoins in hardware wallet that I can ensure that I'm the only one who have acess to it.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
November 27, 2019, 10:55:16 AM
I have the lost as well as stolen experience. Both were my mistake, it got stolen because I believed the words of a scammer. Also I lost control of my account, later unknowingly my friend transacted to that respective bitcoin wallet. Later I wasn't able to get the fund send, this way I lost.
full member
Activity: 730
Merit: 102
Trphy.io
November 27, 2019, 10:28:23 AM


fortunately i have not experienced losing some crypto by hacking or by stealing. I hope never.
I keep crypto hoping that it will be profitable in the future.
full member
Activity: 1638
Merit: 122
November 27, 2019, 10:13:47 AM
I think everyone has felt loss of Bitcoin assets,

you miss look this comment >
I haven't been stolen before, and i hope that no one can steal my BTC

see ? not all people can lost thier btc's  . i dont also lost my btc because im verry careful on what im doing or transacting . i dont trust stragers easily and i alway check the wallet address and also the amount before ill send btc's   . loosing btc is hard because btc is also expensive and now verry valueable  . all of us dont want to loose our btc but there are those times that accidents happen and whether you like or not or no matter how careful you are , you can still be able to loose it  .
jr. member
Activity: 30
Merit: 1
November 27, 2019, 10:03:59 AM
The safest way of keeping cryptocurrencies is cold storage, it's safe because it's offline. To me storing any data, password etc. online is very risky, especially nowadays, when 'Internet crimes' are very common. There are more and more people who are the victims of theft on the Internet. It's much easier to recover stolen money than reclaim cryptocurrencies... There are some companies which offer help in such cases, the thing is to distinguish it from a scam. I always look for partners, cooperations and background of a platform I use or I am interested about, like in case of Coinfirm, which can reclaim stolen Bitcoin ot Ethereum and are partners with e.g Binance or Bank PKO. Be careful for scams which want to fight with other scams
hero member
Activity: 1470
Merit: 502
November 23, 2019, 02:16:36 AM
I think everyone has felt loss of Bitcoin assets, especially when becoming a beginner entering the world of Crypto. I personally have also experienced loss my BTC but because I was cheated by my own friend. I trusted him to open my Bittrex account, then I'm sure he successed to log in but he told me that the password could no longer be used. He lied to me.
every mistake provides benefits for knowledge to be more careful. experience is important, and do not drag on grief when losing funds. You need to get up and believe there will be benefits elsewhere
sr. member
Activity: 2436
Merit: 455
November 23, 2019, 12:51:06 AM
there was a time that i lose my bitcoin but not because i was hacked or stolen but because i forgot where did i saved my private key so that is basically my negligence .but about the OP?nope and will never because i am very particular in how to save my assets,and thats why i forgot my private key before because of my so strict policy that even me cannot find where i put lol  Grin

kidding aside this is very serious matter guys,because we are now prone from hackings scammings and even kidnapped or forced to get our bitcoin and other cryptocurrency.so be careful and always use measures for safeties .

I laughed when you said you forgot where did you save it because you're too much strict when it comes to securing your wallets, but it is a good thing rather than being not, it is more better to do the action before it is too late. Other people are not being wary about how vulnerable their wallets are, because basically they think it is invulnerable that doesn't have any weakness,

but it do have. All wallets are either prone in hackers or could be stolen physically, and you bro and I are the same when it comes to our wallets, sometimes I forgot also where I store my private keys.
hero member
Activity: 1540
Merit: 508
November 22, 2019, 11:39:48 PM
Recently I've heard someone's speech about keeping BTC on the exchange is not safe. But the same thing may be fair to other types of wallets — it's all about the pros and cons, isn't it?
There must be a comparison based on the number of incidents, statistics, etc.
I mean, ok, let's consider this article as a detailed guide for different types of wallets — there's an explanation, principles of working, advantages and disadvantages — but how do you actually know, which wallet will be safe? How did you choose your current wallet?

Where do you keep crypto? Have you ever been stolen?
I used to use paper wallet to store my Bitcoin. It is very safe but i lost my Bitcoin because of losing my private keys. I am now using Blockchain wallet, sometime i get login confirmation email even i am not logging in but my wallet still be safe because i need to confirm that action.
Pages:
Jump to: