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Topic: Is it possible to find lost bitcoins? - page 2. (Read 6395 times)

jr. member
Activity: 31
Merit: 1
February 27, 2018, 02:08:56 AM
Millions of bitcoins are considered lost. Who will find them?
It is very hard to find those lost bitcoins which got hacked. If you lost the btc wallet address on your system, you can try using recovery software.
newbie
Activity: 197
Merit: 0
February 27, 2018, 01:59:16 AM
I think the fact that bitcoin is an internet currency, if you have lost or someone takes your bitcoin, it would be difficult to have it back. Make sure you have the best security at you bitcoin wallet. If you don't mind, how did you lost your bitcoin?
member
Activity: 115
Merit: 10
Get your share of the future
February 27, 2018, 01:58:41 AM
Millions of bitcoins are considered lost. Who will find them?
No one, do you mean to hack the wallet? No it's criminal. Just let them. If the supply of bitcoin is decrease then it's mean that the price will increase. I am not meant, just the one who responsible to bitcoin is the users it self. Just don't be like them who lost their bitcoin.
member
Activity: 308
Merit: 10
February 27, 2018, 01:52:22 AM
In a single case, I would say that you can find lost bitcoins. Some people even buy old wallets to solve the password to get the bitcoins that lie in this purse. But not every password can be brootforced and in a global sense, it will be too difficult to do.
member
Activity: 210
Merit: 10
February 27, 2018, 12:55:14 AM
Once you lost the private key /seed then bitcoins are gone forever. I am just wondering what will happen after a century if every year million lost. Shocked Shocked
member
Activity: 476
Merit: 10
February 27, 2018, 12:45:18 AM


its almost impossible to get back cryptocurrency, especially those lost through hacks, this is precisely the reason as to why safety of your investment is empathized, encrypt your wallets as much as you can and follow the security tips to the later coz when a valuable investment as BTC slips away, its gone
sr. member
Activity: 882
Merit: 251
February 27, 2018, 12:38:17 AM
Millions of bitcoins are considered lost. Who will find them?

The question is really funny, but curious. I wish we could really have a chance to find these lost Bitcoins. Unfortunately, it is absolutely impossible. No one and nothing will return BTC that was lost once.
newbie
Activity: 168
Merit: 0
February 26, 2018, 08:20:45 AM
Millions of bitcoins are considered lost. Who will find them?
It's very difficult to find the missing Bitcoin. Probably the one who will find the smart tech person in this World.
member
Activity: 392
Merit: 39
February 26, 2018, 06:31:03 AM

But its important to go over the reality of the thing, too often I see DUMB shit on GITHUB, or even what LBC is doing, just DUMB, but people who are serious about this shit are doing it.
I have hard time believing what you stated here, but if it were true, then of course you realize that those people are ownership-agnostic, meaning that they take the founds from whatever the address they can brute force the private key to ... meaning, that put it simply: they steal that money.
hero member
Activity: 1190
Merit: 534
February 26, 2018, 06:04:55 AM
As we all know, Bitcoin as a technology is very strong and that's why it is gaining popularity day by day. The security level is massive so no one can brute force and find the private key. Thus there is no practical way to identify the private keys of the Lost bitcoins unless and until you have a quantum computer (that is still in the development phase).
member
Activity: 210
Merit: 10
February 26, 2018, 05:48:06 AM
there will be no way to find lost bitcoin since the system in the bitcoin can not re- transact the wrong transaction in bitcoin. The lost bitcoin will forever be lost.
full member
Activity: 462
Merit: 100
SOL.BIOKRIPT.COM
February 26, 2018, 05:37:45 AM
Most of the bitcoin lost is due to negligence if the people whi hold their private key or to some people who deceased without heriting their bitcoins to someone. We cant really revive those bitcoin unless you are super duper knowledgable and have the right tool for it (that not yet invented yet). Even some hackers are having a hard time in decoding this. I guess we will be expecting tHose millions Of bitcoins lost will never be found. Maybe we feel this regrets in tHis lost But this is really part of tjis world.
member
Activity: 266
Merit: 10
February 26, 2018, 05:20:50 AM
You can not lose bitcoin. Only if you forgot your password from the purse or lost it, then this is to lose bitcoin. So this must beware.
jr. member
Activity: 364
Merit: 6
February 26, 2018, 05:16:49 AM
I think no. It is impossible for the lost bitcoins to be found. If one guy with let's say 1000 bitcoins in his wallet, and then he lost his private key, the bitcoins inside will be vanished forever.
copper member
Activity: 182
Merit: 0
February 26, 2018, 05:10:47 AM
Finding my missing bitcoin, I think that's impossible.
Even with the mine I think it is not necessarily getting the missing bitcoin.
member
Activity: 266
Merit: 10
February 26, 2018, 05:02:42 AM
Finding your missing guy the same as finding the missing bitcoin is unrealistic. So it's better not to lose your savings.
member
Activity: 392
Merit: 39
February 26, 2018, 04:57:00 AM
The only way to "find" them would be to stumble upon the private key that holds them.

The odds of this happening are so small that it is basically impossible to find them.
This is true, but some private keys are hashes of some popular phrases or even worse - of words  (=brain wallet). Some of them are lost and some of them are long forgotten, because it was a popular way of setting a private key in those early bitcoin days, years ago!

Not all of them are lost or forgotten, some of them still undoubtly belong to the rightful owners, too. But it would be best for the owners to move them to some more secure wallets, as the best practices have changed considerably during all those years.

What I want to say, that it is still possible to stumble upon private keys being in the form of brain wallets and the original phrases long lost or forgotten.
full member
Activity: 448
Merit: 100
Lets Go Adab
February 26, 2018, 04:50:25 AM
Millions of bitcoins are considered lost. Who will find them?

Bitcoins are multi crypted on the exchangers or wallets they are using, if lost bitcoins cannot be retrieved then it only means that it is really secured and it is a good thing since hackers today are always trying to penetrate the system to steal our coins.
newbie
Activity: 11
Merit: 4
February 26, 2018, 04:49:04 AM
Millions of bitcoins are considered lost. Who will find them?

Brute forcing private keys is hopeless. What might be possible is recovering bitcoin from wallets whose passwords have been lost if the wallet file is retained, if the passwords are not too difficult to crack. And there might be bitcoins considered "lost" because the original owner has died, and whomever inherited their equipment has not noticed/found/deciphered their bitcoin wallet setup (or paper wallet tucked away somewhere). There are varying degrees of "lostness" to bitcoins that are considered lost.

Well that the caveat 'brute force' which is called DUMB, there are many ways to MINE bitcoin's, and they don't have to be a linear search;

The search space can be reduced to 2**40, from 2**128 ( 2**256 birthday )

DUMB 2**256, linear search, like Large Bitcoin collider, just DUMB search

Birth-day drop's search space to 2**128,

Smart baby-step/giant-step algo's can drop search space to 2**64

When searching your not looking for ONE,your looking for 500 million collisions with value, there are probably say 10k 'lost pristine coin' ( addresses ), finding one of them not much easier than finding just one, ...

But when you tie it all together, cultivate 200 million addresses with a balance, that drop 2**32 from the 2**64 space,  once your down to millions just a very good computer can be used to collect 'lost coin'

The above said is HODL mean "LOST"? If I HODL for 10+ years are my COIN? lost? I think not
But its important to go over the reality of the thing, too often I see DUMB shit on GITHUB, or even what LBC is doing, just DUMB, but people who are serious about this shit are doing it.
full member
Activity: 630
Merit: 100
February 26, 2018, 04:36:02 AM
All Bitcoin transaction can see in the blockchain.info website which is main platform of bitcoin and also can see in which account bitcoin have transferred. But no body can tell that the actual owner of that account which is impossible to find out And if any type of wrong transaction have done and lost your bitcoin then you can not recover your bitcoin at any cost. Only you have to forget it.
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