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Topic: People Losing Passwords & Wallets... - page 2. (Read 4239 times)

hero member
Activity: 756
Merit: 501
August 01, 2016, 06:51:06 PM
I had losted something like 0.10btc because i didnt save the words to recover the wallet and my disk just burned, the result were i got very pissed and i dont use anymore those kind of wallet, i just use online wallets.
member
Activity: 112
Merit: 10
August 01, 2016, 04:49:36 PM
Never use messaging services on the same computer or device that you keep your wallets on.
That is a no no to begin with.
Always write down you passwords on something physical and not on your computer or mobile in a text file.
sr. member
Activity: 501
Merit: 340
Bye Felisha!
August 01, 2016, 04:45:27 PM
...they lost a number of bitcoin in it. I think it happened because of the very great hackers to get into their accounts.

I think this is giving too much credit. A lot of people are just careless and a simple phishing attack or some social engineering makes them give up their info, and bang, money gone. I'm willing to wager that a lot of people's "lost" money wasn't stolen by traditional hack attacks, but by them in some way willingly giving out their login details, like phishing or social engineering. In this case, as much as it sounds harsh, but it's their fault alone.

It is their fault alone. One needs to verify every url that they are on when submitting personal data, especially financial related. Websites and organizations can only do so much. Eventually common sense needs to kick in.
newbie
Activity: 42
Merit: 0
July 29, 2016, 12:38:43 PM
...they lost a number of bitcoin in it. I think it happened because of the very great hackers to get into their accounts.

I think this is giving too much credit. A lot of people are just careless and a simple phishing attack or some social engineering makes them give up their info, and bang, money gone. I'm willing to wager that a lot of people's "lost" money wasn't stolen by traditional hack attacks, but by them in some way willingly giving out their login details, like phishing or social engineering. In this case, as much as it sounds harsh, but it's their fault alone.
hero member
Activity: 854
Merit: 1009
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July 29, 2016, 12:11:01 PM
#99
Another guy just lost 0.75BTC

https://www.reddit.com/r/Bitcoin/comments/4v3ych/dont_be_like_metale_of_lost_btc/

Probably others have lost more BTC in the mean time, but I can hardly keep up with the losses, seems like we find 2-3 losers every day.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
July 28, 2016, 03:36:42 AM
#98
in some cases, there are also people who do not lose their addresses and passwords, but they lost a number of bitcoin in it. I think it happened because of the very great hackers to get into their accounts. besides if you have a wallet, then save all data held into the word or the like, in case you forget or lose the password, and use 2FA that your wallet can not be used by others
sr. member
Activity: 294
Merit: 250
July 28, 2016, 03:31:14 AM
#97
There is no perfect security, but a hardware wallet is millions of times safer than leaving the coins on your phone.

If you are not sure how to safely keep your bitcoins, then definitely buy a hardware wallet.

The hardware wallets are safer than phone, and on top of that they come up with paper sheet where you have to write down the 12 or 24 words when you initializing your hardware wallet. I talking about trezor and keepkey, I dont know about the others. They warn it is important to write down the 12 or 24 words to the paper sheet and keep it at safe place, because only these words provide way to retrieve your Bitcoin if you lose your hardware wallet.
hero member
Activity: 924
Merit: 506
July 28, 2016, 03:19:24 AM
#96
a very thoughtful idea and movement, but maybe if you could do all of the tutorials your self since you already did most of them in first post? also they should be at the most visited bitcoin related web pages like bitcoin.org?
legendary
Activity: 1652
Merit: 1057
July 28, 2016, 03:13:25 AM
#95
Before i lost one of my wallet where i save 0.23 btc inside in electrum the copy pasted seeds i forgot where i place it or maybe i deleted it.
But the wallet.dat still in the appdata folder but the problem is the password.. if i reset it in electrum or restore again the problem is electrum asking for a seed.. its a 1 year ago. i just for got it right now never backup the wallet. dat
Now i learn because of this i save wallet password and seeds.. for future if my computer are crash or something and im i right that i save those important thing because i experience of many malware and virus in my laptop and format it use those backup and my wallet is alive again.

Electrum wallet is very very good and safe to use. You can write down the seed in 2-3 parts, put it in 3 different capsules and bury it in your garden in 3 secret locations for example.
Negligence is one thing thats why we lose money/btc. Every time we must think what are the possible things that would happen to our btc in any circumstances we should make back up or seed on our wallet in case of emergencies because we wont know what would happen tomorrow. So we have a piece of mind that our money is safe either hardware/online wallet.

Negligence is the worst.

More people have lost their money from negligence than all hacks and thefts combined.
Which is why there is a need for an educational campaign on keeping their wallets secure. But of course, this isn't going to be 'that' successful either because of the same reason. Negligence.

People would tend to think that their wallet is secure enough that they wouldn't want to join this and learn things from it and its just going to be too late for them to truly realize their vulnerability.
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
July 27, 2016, 03:39:58 PM
#94
Before i lost one of my wallet where i save 0.23 btc inside in electrum the copy pasted seeds i forgot where i place it or maybe i deleted it.
But the wallet.dat still in the appdata folder but the problem is the password.. if i reset it in electrum or restore again the problem is electrum asking for a seed.. its a 1 year ago. i just for got it right now never backup the wallet. dat
Now i learn because of this i save wallet password and seeds.. for future if my computer are crash or something and im i right that i save those important thing because i experience of many malware and virus in my laptop and format it use those backup and my wallet is alive again.

Electrum wallet is very very good and safe to use. You can write down the seed in 2-3 parts, put it in 3 different capsules and bury it in your garden in 3 secret locations for example.
Negligence is one thing thats why we lose money/btc. Every time we must think what are the possible things that would happen to our btc in any circumstances we should make back up or seed on our wallet in case of emergencies because we wont know what would happen tomorrow. So we have a piece of mind that our money is safe either hardware/online wallet.

Negligence is the worst.

More people have lost their money from negligence than all hacks and thefts combined.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
July 24, 2016, 09:34:03 PM
#93
Before i lost one of my wallet where i save 0.23 btc inside in electrum the copy pasted seeds i forgot where i place it or maybe i deleted it.
But the wallet.dat still in the appdata folder but the problem is the password.. if i reset it in electrum or restore again the problem is electrum asking for a seed.. its a 1 year ago. i just for got it right now never backup the wallet. dat
Now i learn because of this i save wallet password and seeds.. for future if my computer are crash or something and im i right that i save those important thing because i experience of many malware and virus in my laptop and format it use those backup and my wallet is alive again.

Electrum wallet is very very good and safe to use. You can write down the seed in 2-3 parts, put it in 3 different capsules and bury it in your garden in 3 secret locations for example.
Negligence is one thing thats why we lose money/btc. Every time we must think what are the possible things that would happen to our btc in any circumstances we should make back up or seed on our wallet in case of emergencies because we wont know what would happen tomorrow. So we have a piece of mind that our money is safe either hardware/online wallet.
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
July 24, 2016, 08:01:18 PM
#92
pity if someone takes bitcoin wallet contained within that you have, when BTC was you collected with difficulty. I think you have to be careful every login, maybe you're wrong entered the address, because maybe it was a phishing site that could take password. to prevent the loss of your password, it helps you put 2FA in an account that you have, maybe it was enough to help

That is why you dont keep all your coins in 1 place.

You keep most of your coins in a safe storage or hardware wallet, and you keep a small % of your coins in a hot wallet for spending.
So, does it's important to adopt the mixing system to keep the bitcoin in various place to secure the amount? and it's impossible for safe storage or hardware wallet getting hacking?

There is no perfect security, but a hardware wallet is millions of times safer than leaving the coins on your phone.

If you are not sure how to safely keep your bitcoins, then definitely buy a hardware wallet.
hero member
Activity: 2996
Merit: 536
Leading Crypto Sports Betting & Casino Platform
July 24, 2016, 07:48:29 PM
#91
pity if someone takes bitcoin wallet contained within that you have, when BTC was you collected with difficulty. I think you have to be careful every login, maybe you're wrong entered the address, because maybe it was a phishing site that could take password. to prevent the loss of your password, it helps you put 2FA in an account that you have, maybe it was enough to help

That is why you dont keep all your coins in 1 place.

You keep most of your coins in a safe storage or hardware wallet, and you keep a small % of your coins in a hot wallet for spending.
So, does it's important to adopt the mixing system to keep the bitcoin in various place to secure the amount? and it's impossible for safe storage or hardware wallet getting hacking?
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
July 24, 2016, 05:26:46 PM
#90
Before i lost one of my wallet where i save 0.23 btc inside in electrum the copy pasted seeds i forgot where i place it or maybe i deleted it.
But the wallet.dat still in the appdata folder but the problem is the password.. if i reset it in electrum or restore again the problem is electrum asking for a seed.. its a 1 year ago. i just for got it right now never backup the wallet. dat
Now i learn because of this i save wallet password and seeds.. for future if my computer are crash or something and im i right that i save those important thing because i experience of many malware and virus in my laptop and format it use those backup and my wallet is alive again.

Electrum wallet is very very good and safe to use. You can write down the seed in 2-3 parts, put it in 3 different capsules and bury it in your garden in 3 secret locations for example.
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
July 24, 2016, 05:23:50 PM
#89
This world is full of hackers and cyber gineous.

So that means that we should not protect against them, and teach others to do the same?

There are many viruses in the world, that doesnt mean you should not take your daily vitamin dose.
hero member
Activity: 1344
Merit: 565
Leading Crypto Sports Betting & Casino Platform
July 24, 2016, 05:07:11 PM
#88
Before i lost one of my wallet where i save 0.23 btc inside in electrum the copy pasted seeds i forgot where i place it or maybe i deleted it.
But the wallet.dat still in the appdata folder but the problem is the password.. if i reset it in electrum or restore again the problem is electrum asking for a seed.. its a 1 year ago. i just for got it right now never backup the wallet. dat
Now i learn because of this i save wallet password and seeds.. for future if my computer are crash or something and im i right that i save those important thing because i experience of many malware and virus in my laptop and format it use those backup and my wallet is alive again.
sr. member
Activity: 294
Merit: 250
July 24, 2016, 04:57:32 PM
#87
People are loosing passwords and wallets not only on the net, in real life also. That is something in our nature and nobody protected from this. What to tell about some electron wallets?! This world is full of hackers and cyber gineous. If I would have lot of bitcoin I would be afraid for it very much to someone scam me and stole it. So I would withdraw it every time when I would have some bitcoin profit. 
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
July 24, 2016, 04:49:09 PM
#86
There are bitcoins that are constantly being lost forever because of lost private keys. It can also happen when someone makes a mistake and sends coins to the wrong unused address. Also, people may die and no one know they have bitcoin or they don't know haw to access them.

Those are accidents, nobody can foresee those.

But here I'm talking about carelessness, and irresponsibility, that are most likely caused by lack of education or by a stupid belief that "nothing can go bad".

If a person dies and nobody knows his private keys, the other bitcoiners are the inheritors of his coins's value (since he didnt give his coins to anyone else).
sr. member
Activity: 364
Merit: 254
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July 24, 2016, 04:37:00 PM
#85
There are bitcoins that are constantly being lost forever because of lost private keys. It can also happen when someone makes a mistake and sends coins to the wrong unused address. Also, people may die and no one know they have bitcoin or they don't know haw to access them.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
July 24, 2016, 04:28:53 PM
#84
I think this is good thing that someone from here wish to warn newbies in bitcoin about possible problems with wallet and passwords. People should be very careful about this things, cause when it happens its already late to do anything. So people should be smart and read topics about this matter very carefully. From beginning I spent hours here in reading how people scammed other people, and I saw many crazy situations.
Just I think there will be always people who will lose things, its just the way it is. We can`t do nothing about it.
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