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Topic: Have you ever lost access to your Bitcoins? - page 3. (Read 1009 times)

sr. member
Activity: 1610
Merit: 264
What is your story of not being able to access your Bitcoin wallet with Bitcoins in them.

What have you tried to retrieve them?

My case is a bit more complex. Normally I take backups of my Bitcoin wallets, so there is no question of losing the access. However, I had accounts in a few cryptocurrency exchanges, which are now defunct. Wex.nz and Cryptopia are some of the exchanges in which I had account. When these exchanges closed down, I lost the access to my coins. And worse still, the amount was quite significant for me, at least in the case of Cryptopia. 
That kinda hurts though.
Wouldn't they post a notice ahead of the closure that will happen or did they just seemingly ran away with all your coins and asset or at least contact all their users through email? It seems like finding a lot of exchange isn't really that good, when you're planning to have a strategy of finding better rate for the coins you want to trade. I never knew these exchanges as I was just sticking to Binance.
member
Activity: 445
Merit: 10
Since I started in crypto a lot of experiences had been experienced along the way.. I had lost some investment probably bitcoin thru the exchanges that were totally shutdown because of being such a scam exchange. Some were thru projects that launched ICO but in the end, all were FAILED. and lastly, thru trading because of bearish market.. All this can make you feel disappointed but in the end, mistakes can teach us a great lesson.
full member
Activity: 1512
Merit: 129
When i was new to crypto i didn't know much about wallets and i used to store them in exchanges and it was a low quality exchange and my account was disabled due to which i lost my bitcoin , that is exchange dont even exists now , now i have much experience and wont do any foolish things and trust anyone
more like those new exchanges that turn to be a scam. I had similar experience too but wasn't bothered much because of the coin that I have on the exchange worth less than $10 Grin. I believe wrongly on the exchange thinking it will be a good exchange and possibly one day be like Binance BNB token but it was not. My own experience is losing $50 in my bitpay wallet. My phone memory was full and I was prompt to uninstall some app but I mistakenly marked the bitpay mobile wallet as part of the app to be uninstalled not knowing I did not store the seed phrase. It was painful  Cheesy
sr. member
Activity: 1988
Merit: 453
What is your story of not being able to access your Bitcoin wallet with Bitcoins in them.

What have you tried to retrieve them?

My case is a bit more complex. Normally I take backups of my Bitcoin wallets, so there is no question of losing the access. However, I had accounts in a few cryptocurrency exchanges, which are now defunct. Wex.nz and Cryptopia are some of the exchanges in which I had account. When these exchanges closed down, I lost the access to my coins. And worse still, the amount was quite significant for me, at least in the case of Cryptopia. 
full member
Activity: 198
Merit: 102
What is your story of not being able to access your Bitcoin wallet with Bitcoins in them.

What have you tried to retrieve them?
Although I have never had an issue of not being able to access my Bitcoin wallet holding any amount of Bitcoin, but I have had an issue of misplaced keys holding another assets. It wasn't a funny experience as I needed to trade the asset for fiat in order to solve a problem I had offline. I became increasingly devasted at every passing hour as I combed through all nooks and crannies of my house. It was a sorry stated for me that day. Till now I am yet to find the keys to that wallet. This is one very ugly side of cryptocurrencies. That experience taught me better ways to protect and keep my crypto assets safe and secured.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
The time when I decided to save enough bitcoin in my desktop wallet. Since I am confident that I am the only one who's using my PC, I only save my private key on the notepad. After the time goes by, my PC suddenly gets blue screen of death, yes, a sudden issue with my computer's hardware or what. I got worried since I don't have any back up information for my wallet, and unfortunately I cannot access my wallet anymore after I fixed my PC.
That is a really terrible thing, how much BTC did you lost because of that? This shows it is important to have several backups of our wallets, a simple way to backup your information is to store your keys in a text file and have a copy in an USB that way if your computer breaks you have a backup that will allow you to recover your coins, it is also a good idea to have a paper backup of your seed that way even if your USB fails as well you still have an additional way to recover your coins.
full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
I only experience forgetting the pin and the password of my blockchain wallet because i have never opened my wallet since the year of march 2019 until august 2019 that i have been holding and waiting for the price of bitcoin to increased that time. Good thing i saved a document that i enlisted all of my password in my social media accounts, email account, and wallets.
I have also experienced this kind of thing also before and it is really frustrating because I didn't have any storage wherein I can save my wallet user and password but now I can say that every wallet have the 2-factor authentication which is very helpful so that if you forgot your password you can now get it again through email. And to be more secure I am saving my password on my computer so that if I forgot it once again I can get it on my documents. The mistake I've committed before must not happen again so I do save my password offline on my device. This must be a lesson to me and to everyone that we should have private documents wherein all of your password in your social media account, wallets, and your email is there so you can easily get it when forgotten.
hero member
Activity: 742
Merit: 507
Thieves from Yobit blocked my account and simply stopped contacting me. While they promptly respond to others (I asked other people to check). By the way, need to write about this in the scam section when I have time.
A very good lesson for me is that you cannot trust scammers like Yobit.net.
newbie
Activity: 12
Merit: 1
What is your story of not being able to access your Bitcoin wallet with Bitcoins in them.

What have you tried to retrieve them?
I haven't experience that thing so far, I tried cryptotalk.org and you are required to enter your wallet address to input so you will be able to earn money from your posts, and luckily I am still earning on that platform because I input the correct wallet address.

If you do not want to experience that sad thing, always double check things that you are doing online, because if you made a wrong thing, it would be hard for you to recover things that have lost. We have the line of  "Click before you think", we can apply it anytime in virtual world because that is really important to avoid some errors that you might do. Double checking is not a hard thing, it is good especially when it is about money online.
full member
Activity: 1540
Merit: 219
I honestly have not had any issue with the wallet the I am using to store my Bitcoin. There are people who have experienced losing their private keys which yield to such negative scenario. Some are being hacked, and some are being scammed. My opinion to this is to not give private information to anyone just to not be prone to being hacked. That is your money in the first place and you have the only rights to access that. Also avoid logging in into multiple devices using your wallet. If you are into online website wallets, always check the credibility as well as reviews from other people who have experienced engaging into that website just to be sure of not being scammed.

There are also hardware wallets wherein one investor could also store their holdings which provides additional security for your Bitcoin. But be careful of misplacing such hardware wallet because some hardware walleta do cost that much.
legendary
Activity: 3430
Merit: 1934
Shuffle.com
It happened to me twice, first one was from blockchain's wallet they suddenly had a maintenance with no announcement and it only lasted for a day.

The second time was from a gambling site similar case it went down for a certain time. Good thing I don't store anything big during those times.
sr. member
Activity: 1638
Merit: 300
I did lose access to my bitcoins one time and that is because of my stupidity. I forgot where I put my private key, the same with my altcoins since I accidentally deleted the JSON file and just realized that after clearing up my Recycle Bin. Take care of your bitcoins you guys, especially private keys, seeds and files like JSON. IF you have a lot to hold better buy a ledger.
hero member
Activity: 2730
Merit: 632
What I have experieced is that,

The time when I decided to save enough bitcoin in my desktop wallet. Since I am confident that I am the only one who's using my PC, I only save my private key on the notepad. After the time goes by, my PC suddenly gets blue screen of death, yes, a sudden issue with my computer's hardware or what. I got worried since I don't have any back up information for my wallet, and unfortunately I cannot access my wallet anymore after I fixed my PC.
Oh that's very unfortunate but I believe that if you had hardware problems and had blue screen issue then you should have contacted specialist because there is no way you would be loosing your data because of a hardware issue. Another thing you could have done was to eject your hard disk and just use it on another computer and save that file. But anyways things gone are gone and hindsight is always useless.

For me, I have never faced access issues but I have lost a bad number of bitcoins in exchanges that have turned scam or got hacked like the recent one is cryptopia, I don't know what happened to them.

It just really a simple problem when it comes to hardware aspects in talks of pc  yet there are harddrive recovery services out there even the entire OS had been reformatted it can still possibly retreive it back unless if the failure do affect hdd directly (burn etc.)

Losing access can be in various ways and in my part i have lots my coins due to exchange hack too which is unfortunate but well that one do give out some lesson that never ever store your coins on
exchange wallets.
hero member
Activity: 2184
Merit: 531
I did not but I felt like I did so I know the feeling.

I had a cold wallet once that I knew the password to but did not open it for anything for over 2 years and when I wanted to check if everything is ok with it I struggled to enter the right password. I knew the words it consisted of but forgot which one was first and if there were any numbers in between and in the end. It took me maybe an hour of trying different combinations and nervously sweating to find the right one.
hero member
Activity: 1063
Merit: 502
RIP: S5, A faithful device long time
I have bitcoin wallets on my phone and my laptop. Two-layer protection.
hero member
Activity: 2590
Merit: 605
I only ever get a case like this on the HYIP website. when I invested there and couldn't access the bitcoin that I had because I thought it was a scam site.
That is more a investing mistake rather than a technical mistake and yes even when I was new there were a lot of websites which claimed to send double back in 36 or 48 hours but I never fell for these scams because I was new to bitcoin but I was very familiar with online scams and there is no reason why someone will double my money in some hours.

in other cases, I have never had a case like that, except for a bitcoin theft because I entered a phishing site. however, so far I have kept my private keys well and my passwords stored in a safe place. so I can always access it.
That almost happened with me too when myetherwallet had some issues with certificate and users were being redirected to another website when they clicked the certificate. I almost fell for it but because I saw that something is fishy I decided not to access wallet that day and proved to save my coins, you may read about it here: https://www.theverge.com/2018/4/24/17275982/myetherwallet-hack-bgp-dns-hijacking-stolen-ethereum
hero member
Activity: 1890
Merit: 831
Yes I did loose access to my bitcoins wallet once  Grin, it was way before I could realise the value of those 5$ worth of bitcoins sitting in an online wallet , it was back in 2011-2012 , then after the big break , I remembered the wallet I had back then , but unfortunately I had no idea what was the online site or the password ( been ages since I thought this thing might work )
Then I took it as a lesson and then seriously started engaging in bitcoins .
I really respect bitcoins and the whole community that lets people earn money for supporting their lives , no matter how small , it's amazing 🙏
hero member
Activity: 2618
Merit: 586
What I have experieced is that,

The time when I decided to save enough bitcoin in my desktop wallet. Since I am confident that I am the only one who's using my PC, I only save my private key on the notepad. After the time goes by, my PC suddenly gets blue screen of death, yes, a sudden issue with my computer's hardware or what. I got worried since I don't have any back up information for my wallet, and unfortunately I cannot access my wallet anymore after I fixed my PC.
Oh that's very unfortunate but I believe that if you had hardware problems and had blue screen issue then you should have contacted specialist because there is no way you would be loosing your data because of a hardware issue. Another thing you could have done was to eject your hard disk and just use it on another computer and save that file. But anyways things gone are gone and hindsight is always useless.

For me, I have never faced access issues but I have lost a bad number of bitcoins in exchanges that have turned scam or got hacked like the recent one is cryptopia, I don't know what happened to them.
full member
Activity: 2254
Merit: 193
Hire Bitcointalk Camp. Manager @ r7promotions.com
Memories that hut my feelings whenever I remember. I use to have some good time with bounties which actually make me some good profits in doing them. If I remember, I was holding $420 in Blockchain wallet without me backing my pass phrase|backup, when I wanted to withdraw my funds from then, I tried to Long in to my wallet but all efforts prove aborted because I could not remembered my password and not even my backup was kept. That was how I lost what I gathered from bounties. It pains when I remember this because I was the caused of all of these.
legendary
Activity: 2814
Merit: 1192
I kept some of my coins on a local exchange and they had a bug where one of the users logged in and saw that his fiat deposit had multiplied. I think the comma was wrong. Anyway, had deposited 10k and the balance on his account was 1 mill, something of this sort. He used it to buy BTC and send it to his wallet and the owners of the exchange dailed to stop it. They had to take the whole site down for 3 days and most of us thought we won't be getting anything back but we did. They came back online and allowed everyone access to their accounts.
This gained them trust among some users but I took everything off the platform and never looked back. About a year later they did an exit scam and disappeared with everything, but not with my money.
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