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Topic: How Bitcoin Nearly Bailed Me Out - page 3. (Read 648 times)

member
Activity: 672
Merit: 16
May 30, 2022, 11:51:33 AM
#25
You are lucky because firstly some wallet it is is not possible to screenshot the seed Phrase directly from the wallet but you were able to do that. You are lucky to get access to your old wallet when you were in the tight corner of need of money.
sr. member
Activity: 2268
Merit: 275
May 30, 2022, 08:30:17 AM
#24
if that's the case you are very lucky. whether you have not previously checked it again or searched again in recent years.
if you completely forget the wallet and then recall it is a miracle. moreover you still have the seeds.
you are also too careless to save the seed only in your device, if it is lost or the device is corrupted it will not be able to be opened forever.
Yes it's op luck still saving and finding the old seed phrase, even I think he forgot he saved it last time. The luck the op can't get a second time I think.
Indeed if talking about the past can still happen as op experienced, but for now it will be difficult to find such an experience. In fact, I think now most people will check their portfolio every day.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
May 30, 2022, 01:03:31 AM
#23
I had a bit different scenario than yours.. but it is linked to Bitcoin (BTC) in a way. So, I regularly sweep Paper wallets with Bitcoin in cold storage to my hot wallet and I have done many of those in the past. One of the golden rules are not to destroy those wallets, so I remembered that and I kept those Paper wallets.  Wink

I was looking for some disposable cash to invest in a Alt coin that I suspected would go up very fast, so I remembered that those Paper wallets still contained some "Fork" coins and I converted them to cash and bought a lot of those coins. (I then sold that for a 80% profit and bought Bitcoin again.)  Grin
full member
Activity: 259
Merit: 100
May 29, 2022, 10:26:09 PM
#22
it must be really fun when we need funds and check a forgotten wallet and find bitcoins in it.

and the problem of mnemonic phrases or the like which are screenshots and stored on your phone. it reminds me of my bitter experience. I used to do the same thing. and my phone doesn't have an external memory card. I used to back up my wallet phrase in the form of a screenshot on my cellphone. and my bad luck was that at that time my cellphone really couldn't be turned on because it was submerged in water and it was too long in the water. and was taken to a repairman, it turned out that there was a short circuit and had to be replaced. and more unfortunately the data in it cannot be retrieved or recovered because there are indeed damaged components. and I lost my wallet along with the phrase code. The lesson was really stifling because the price of the cellphone could be bought back, but the contents in the wallet which I think is more that makes me regret it.

from there I learned to save my wallet backup on paper in a special book and keep it in a safe place. because I don't want that bitter incident to happen again.

What you experienced was very similar to mine because I used to store all the data on my laptop, so one day I sold the laptop, but I forgot that before reinstalling the laptop to secure my data first so that everything is just a memory.
But all of this is a lesson for me going forward to be even more careful in maintaining my wallet account.  But now I have tried to save all my data in gmail because that way we will never lose our data again as long as we still remember the gmail password.
hero member
Activity: 952
Merit: 779
May 29, 2022, 08:53:14 PM
#21
it must be really fun when we need funds and check a forgotten wallet and find bitcoins in it.

and the problem of mnemonic phrases or the like which are screenshots and stored on your phone. it reminds me of my bitter experience. I used to do the same thing. and my phone doesn't have an external memory card. I used to back up my wallet phrase in the form of a screenshot on my cellphone. and my bad luck was that at that time my cellphone really couldn't be turned on because it was submerged in water and it was too long in the water. and was taken to a repairman, it turned out that there was a short circuit and had to be replaced. and more unfortunately the data in it cannot be retrieved or recovered because there are indeed damaged components. and I lost my wallet along with the phrase code. The lesson was really stifling because the price of the cellphone could be bought back, but the contents in the wallet which I think is more that makes me regret it.

from there I learned to save my wallet backup on paper in a special book and keep it in a safe place. because I don't want that bitter incident to happen again.
hero member
Activity: 2744
Merit: 588
May 29, 2022, 06:52:59 PM
#20
if that's the case you are very lucky. whether you have not previously checked it again or searched again in recent years.
if you completely forget the wallet and then recall it is a miracle. moreover you still have the seeds.
you are also too careless to save the seed only in your device, if it is lost or the device is corrupted it will not be able to be opened forever.

Let us put it this way, he is very lucky to remember where he put his seeds.
And the device is still with him. These days, we change our phones much often.
His story is a fortunate one. This is why I am also saving my eth address with password and keystore as well as bitcoin keys.
Who knows, those small satoshis and small amount of eth will be valuable in the future?
Don't forget where you saved your important keys, and make sure they are secure.
It may not be worth today but with how things are evolving in crypto, some are worth checking few years from now.
legendary
Activity: 2338
Merit: 1084
zknodes.org
May 29, 2022, 05:41:50 PM
#19
if that's the case you are very lucky. whether you have not previously checked it again or searched again in recent years.
if you completely forget the wallet and then recall it is a miracle. moreover you still have the seeds.
you are also too careless to save the seed only in your device, if it is lost or the device is corrupted it will not be able to be opened forever.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
May 29, 2022, 04:44:45 PM
#18
Great you were able to use your stored seed to retrieve your funds in the old wallet. At the same time it is very dangerous to do so in the future, it can be compromised and when someone have access to it all your funds will be gone. Preferably and more secured when it is saved offline and kept in a safe place.
Yeah, like a friend who's knowledgeable in accessing those seed phrases and borrowed your phone.

While using the phone, he accidentally or intentionally searched for some things on your phone and found that screenshot of your seed. Well, not really a good idea to keep it there.

Just like what everyone said about writing, it will cost you some time and effort but it's still the best way to keep those keys.
sr. member
Activity: 2506
Merit: 368
May 29, 2022, 04:26:58 PM
#17
Lucky for you, you still be able to recover your old address with complete private key but it's not a good practice to save your private key on an active phone though. Just like what the above said, you need to place it offline not online but how lucky you are having some old BTC address to left some BTC inside. Most of the News when I heard something like this they were either lost their private key or something worse happened to their hard drive while some would hire someone to brute force crack their long passphrase key but unable to do it.
hero member
Activity: 1008
Merit: 702
May 29, 2022, 03:41:40 PM
#16
Great you were able to use your stored seed to retrieve your funds in the old wallet. At the same time it is very dangerous to do so in the future, it can be compromised and when someone have access to it all your funds will be gone. Preferably and more secured when it is saved offline and kept in a safe place.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
May 29, 2022, 01:50:18 PM
#15
Hey, lucky you forgot about the old wallet before otherwise you might have spent what was in it. Probably a good idea for others to learn from this & write down all wallet passwords, seeds & what platform they are on.
hero member
Activity: 2156
Merit: 605
Leading Crypto Sports Betting & Casino Platform
May 25, 2022, 03:44:45 PM
#14
Access back to the old wallet as if we found a treasure? where you forget to save a few satoshi with a long enough duration and are still awake. It's one of the things I do often. Opening several seeds that are recorded one by one in a personal book hoping there are forgotten treasures.
In 2017 I did that and thank you for changing my life since then too. The unforgettable lesson is that only we ourselves really have access to the wallet. How full control is the only advantage that keeps us from using it.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
May 25, 2022, 01:23:26 PM
#13
I wonder who else has access to old wallets Smiley

I recently found $250 in an old slushpool wallet when I was testing out a new miner.  Pretty funny because I know it was only in there when I stopped mining many years ago and left dust behind.  DUST!  That dust that wasn't worth paying the withdrawal fee to remove was now worth hundreds of dollars.  I can only imagine all the BTC I've left behind at various sites over the years.  If only all those sites still stuck around.  I'm sure I'd be mega super rich.
sr. member
Activity: 812
Merit: 272
April 01, 2022, 02:23:32 PM
#12
This has happened to me many many times before unfortunately. It's life, and I get it, we all have some needs. This is why super rich people with millions of dollars can do better investments then we can because they never need "urgent money" for small stuff like we do.

I was lucky during 2017 because I had to sell my coins at near top levels so that I could pay the debt I had for over 3 years, it allowed me to earn a lot easier and have no debt. It was a decision that I made, I could have just kept my coins and kept on paying the debt but it worked out in the end since the price went down.

For the past 6 months or so I have been in big debt again, life has been hard, it is a family medical situation that I don't want to talk about, and I had to cash out 70%+ of my savings just to pay for the hospital and drug bills as well. In the end that person is not even still healthy and we are still paying, but at the very least we are not in debt because of it, which is the silver lining.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
April 01, 2022, 11:20:07 AM
#11
So I needed some funds to make up for a payment. I contacted three of my clients who were supposed to pay for some writing jobs but the payments were delayed. I was getting frantic when I remembered that one of my old Blockchain wallets. I started wondering if the wallet I hadn't used for years could have some valuable bitcoins. I also remembered that I had the seed words in my phone as a screenshot (crazy!) so I imported the wallet. Boy, you wouldn't believe how much I had in there. Not up to all the money I needed but enough to make a difference.

I wonder who else has access to old wallets Smiley

Lol  Grin You were just too lucky or may be you are trying to pull off an April fools day prank on us.

Somehow you remembered that you had a blockchain wallet.
Somehow you had stored the seed phrase as a screenshot.
Somehow you managed to access the wallet.
Somehow there were coins in it.
Somehow those coins were enough to make a difference to bail you out.

Now we must need a high level of luck to get such things accomplished.
hero member
Activity: 812
Merit: 560
April 01, 2022, 11:00:40 AM
#10
So I needed some funds to make up for a payment. I contacted three of my clients who were supposed to pay for some writing jobs but the payments were delayed. I was getting frantic when I remembered that one of my old Blockchain wallets. I started wondering if the wallet I hadn't used for years could have some valuable bitcoins. I also remembered that I had the seed words in my phone as a screenshot (crazy!) so I imported the wallet. Boy, you wouldn't believe how much I had in there. Not up to all the money I needed but enough to make a difference.

I wonder who else has access to old wallets Smiley

The riskiest aspect of it is the screenshot your had on the phone, though it helped you recover access to the wallet but you're been lucky because the mobile was still intact and it never got expose to a third part, else they would have swindle the coin left in it, for future reference, find a suitable means to secure your keys other than on screenshots.
hero member
Activity: 1680
Merit: 845
April 01, 2022, 10:20:37 AM
#9
So I needed some funds to make up for a payment. I contacted three of my clients who were supposed to pay for some writing jobs but the payments were delayed. I was getting frantic when I remembered that one of my old Blockchain wallets. I started wondering if the wallet I hadn't used for years could have some valuable bitcoins. I also remembered that I had the seed words in my phone as a screenshot (crazy!) so I imported the wallet. Boy, you wouldn't believe how much I had in there. Not up to all the money I needed but enough to make a difference.

I wonder who else has access to old wallets Smiley
I had my Bitcoin stored on an online wallet, BitGo, for quite a few years had been left untouched and were recovered in 2020 (stored from 2016). Since then, I was in a hunt to track down any abandoned wallets, in hopes to recover them. Luckily, I found 3 Blockchain.com wallets, with approximately $200-250 worth of Bitcoin, not bad at all.

On top of that, I recently recovered 0.0025 BTC on a Coinbase account, not lifesaving but certainly not bad at all.
sr. member
Activity: 287
Merit: 368
"Stop using proprietary software."
April 01, 2022, 09:24:14 AM
#8
I had more than half a bitcoin sitting in a wallet before realizing that I had it last year. I had it from back in 2015 trying to purchase a fake IDs.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
April 01, 2022, 08:36:59 AM
#7
LOL it's been a habit of mine for at least once a year to check all of my saved backup phrases of my old wallets just to see if I for some reason received some bitcoin from an old failed business/blog/service that I've ran in the past. 4 out of 5 times I end up with nothing but whatever it only takes like 10 minutes or so.

..though it's quite a bummer to see transactions from stupid purchases I've made in the past lmao.
hero member
Activity: 3080
Merit: 603
April 01, 2022, 08:22:23 AM
#6
Great. I did that before the bull run but no funds were in the old wallets that I've used. You're lucky before something bad happened to your phone but this time, you don't do again and you must keep your keys safe elsewhere.
I've understood the laziness about screenshotting those important words and I've done that too not until my old phone was about to be broken so I did stopped it and learned the lesson.
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