Topic: Stories about lost Bitcoin - page 2. (Read 754 times)

many scammers make their mode to scam people like OP. being perhaps not very experienced, he was easily influenced by giving him the seed of his wallet. it was a valuable experience for him, as well as a difficult experience. but now he must have learned a valuable lesson and one he will not repeat. Likewise with anyone who reads his story, now everyone is getting a lesson.

Wow... Shit happens. Some of us here have our own sad story about our bitcoin or crypto journey but I would say this is the height of them all and it doesn't really matter the amount of bitcoin involved. But OP haven't you heard never to share or disclose your seed phrase or private keys to anyone? What possible lies could the scammer had sold to you to make you send your seed phrase? Well... Sorry for your loss and It's a pity you learnt the hard way. Your story is indeed an eye opener for other newbies to learn from.

That is a really unlucky one you've sent to another address. That is why I always double and triple check my address to make sure that is where my bitcoin is going. We know that it is our fault if it was sent to the wrong address. The moral lesson really is to make sure we learn from our mistakes because it is still useless to commit those mistakes over and over and not learn from them. Though the biggest mistake that happened to me was investing in ponzi schemes before, I did learn a lesson from it.

I think everyone has faced this problem for the first time in cryptocurrency.  I have never been scammed before in anything related to bitcoin and crypto, but I have lost many bitcoins due to my mistakes.Now a day's it is seen that people fall victim to phishing scams, the number of scammers in cryptocurrency world is very high now.  They try to get the other's wallet seed using different methods.You should never give your seed phrase or private key to a stranger.  This mistake can be noticed among users who have made many cryptocurrencies.We need to be aware of the risks, because cryptocurrency cyber attacks are high. They always come up with new creative ways to steal bitcoins and other crypto assets and steal money to get various traps.

Sometimes even when you think you are paying attention to everything there may be things you miss. If you are new to the world of cryptocurrencies, you need to be aware of the risks. Hackers and cybercriminals are constantly thinking of new creative ways to steal your Bitcoins and other crypto assets. If you are making good investments and profits in cryptocurrency, scams can be the worst thing that can happen to you.

For example fake websites and phishing attempts are the most common form of fraud in the cryptocurrency world. Sometimes we want to do our work in a hurry and we do our transactions quickly without checking the website at that moment, then when we look at our account balance, we see that it has been emptied. Scammers often issue a security alert to redirect you to a fake website and warn you to enter your account information for security. This gives them access to your Bitcoin or cryptocurrency account. Scammers have become quite skilled at recreating websites and making them look real. They play every role to steal people's personal data. I personally did not lose Bitcoin but four or five years ago i was a victim of a fake website and suffered a small loss of altcoins. It wasn't a huge amount but this small loss taught me a huge lesson. Be sure to pay attention to everything and everything while making your crypto transactions. There is no room for distraction in this market.

Every person has moments when they are truly pensive. During this distraction, we can't even carefully do the things we need to do. In such a situation, I came back from a few mistakes about bitcoin transfer. Sometimes I forget to look at the address when I want to send money to my account. Sometimes after making the network selection, I question whether I have chosen the right one. These are not scams, just carelessness, but I still experience them sometimes.

I've lost bitcoin out of greed. The mistake is completely on me, and took place many years back. If I've kept hold of those bitcoin, now it could've turned more valuable. Came across a multiplier scheme in which we need to download a software and run it, sending the bitcoin to specific address and it gets multiplied. Never thought it to be a scam and lost big money around 0.05BTCwhich in today's market is very big.

Ouch, sounds like you should have done a little more studying of bitcoin before actually using it, but I guess any hard lesson learned is a lesson learned if he take from it. 

I think the only time that I lost bitcoin was also in my early days, probably 2015ish rang.  I sent bitcoin to the incorrect address from the company I was trying to purchase physical goods from.  It wasn't a lot of money at the time, but it's added up over the years.  Lost to the "abyss".  Happens.

That is a big mistake but u learn something  in that small and due to this you got a hardware wallet and in my section i loss lot of bitcoins and there is no lot but that disturbing me and i have changed my plan and backing up the my wallets and this have a value of just a 50 dollars  or like that money not have a more and not happen in my life again .

I heard a story of a guy who lost BTC due to a different thing. He bought a dozen of BTC when it cost several cents, and then he forgot everything about it. And when the price flew up high, he had to smash all the house interior in search of the wallet data. And he succeeded, some people say...

I will not blame you before according to a saying that ignorant is disease. But me I didn't see ignorant in that aspect but I see ignorant as an illiterate. If you have known, you would not give you seed phrase to someone whom you have not even seen and you know the important of seed phrase. Even in your household, if you don't trust anyone you don't have to give out your seed phrase to anyone instead give them your public address number, if they want to send coins to you.

I am always careful with the seed phrase and the public address, so I have not lost any coin. And one thing you have to do is to avoid clicking of links that people send to you of claiming to give you BTC or other gifts

When I was using coinbase for a time someone did hack into my account. From that point on i've never kept anything on an exchange for long periods of time at all, I just get in and get out and accomplish whatever I set out to do exchanging one coin for another or something of the likes of that. I definitely am a lot more careful now after that experience using VPNs and looking for more ways to be more anonymous with my private information.

That was a big mistake but at least you learned something from it and as a consequence you got a hardware wallet which are very secure, in my case I have lost some bitcoin over the years, not much but it still bothers me, it happened to me when I was making a backup of a wallet and by accident I safely deleted both the original and the backup, and since that was a wallet that I had created just some minutes prior I had yet to write the seed words on a piece of paper, it was not a lot of money just 50 dollars or something like that, but since then I have changed my habits when backing up my wallets and this has never happened to me again.

Because, recently there was a member here in the forum who had his electrum wallet hacked, and his shortcoming was that he was too complacent at that time.

      it seems that the scraped bitcoin from his balance is more than 1k$, and the reason why it was hacked is because he did not update his electrum wallet immediately, which was the reason why the hacker entered his electrum account.

Losing Bitcoin is something that is very bad. But many people have this experience. Many people lost Bitcoin because of scams, lost seed phrases or other important data for accessing the wallets, or evem lost BTC because of a wrong transfer. These can be unforgettable experiences for lessons. With the bad experiences, we expect to avoid the same ways and choose safer ways.

Oh damn you have made a big error OP, that’s what happens when you start working on something without knowledge and education. Well, it is certain that cryptocurrency field is a source of money in case you have the ability and competence to practice it. In addition to that, it is essential to save your private key and seed phrase in a safe place such us a flash disk and never share it to anyone. The scammers are regrettable widespread in the whole internet specifically in crypto area. Be aware of them and trust nobody. In fact, you have made a right decision when you bough a hardware wallet ( Trezor ) , it is more safe and secure than centralized exchange such us Binance and Coinbase, Your money is controlled by you, that’s the most important feature of hardware wallets.

There are several stories of people who lost their Bitcoins, accumulated on the early years of cryptocurrency. Since BTC was cheap back then, they didn't give much importance or attention to their wallets and consequently lost what on those days represented few bucks of dollars, but ended becoming millions of dollars in our present days.

Man has two more chances before $232 million is lost forever

Man who threw away €150m in bitcoin hopes AI and robot dogs will get it back

Man Searches Through Landfill For 8 Years For $350 Million Lost Bitcoin Wallet

Now these people are desperate to recover what was lost and regretful for their negligent, careless behavior. If they had believed Bitcoin's potential since the beginning, they would have acted in a different manner, without any doubts. The lesson I take from this is to never be a scornful person.

Expensive way to learn from things but a simple reminder that we should all invest tume to know things where we would be engaging ourselves with. Just think of cautious investors knowing the risk but have still suffered from concerns of the like. We are using online technology meaning, this technology is also prone to negative tendencies of keeping an asset. So better prepare onself before starting; dedication, orderliness, and other positive characterists should be met before investing. Having a strong foundation won't put you in trouble.

And with regards to these listed possibilities or causes, there are more for sure. And to add; malwares on devices such as phising sites could also put your assets at risk. Then, if there are many risk involved why are people still continuing their investment, is probably and more likely because of profit potential; high risk and high reward. Also, these possible causes could be aided by being fully aware of  what you are actually doing.

I can see that op is so eager to write different stories about the lose of individual Bitcoin which can be very sad because of the trauma and emotions that can be attached to it. It is very good for us to be careful and know what we are doing so that with all these stories we keep reading everyday about other people's misfortune, that will not be our portion. I had made mistake too then and I am more wiser now because of my past experience that made me so angered losing my most precious coin due to ignorance of what scammers is capable of doing to me.

It's not a common mistake but OP was just too naive that time or perhaps he didn't know what was the purpose of having a seed in our wallet.  

If I want to answer that question of OP, maybe leaving your crypto in exchanges will be counted as a lost Bitcoin due to hacking incident. But I can name most common problem of losing Bitcoin and those are:

 –leaving your coins in the exchange
 –giving/showing your own private key/seed to others(just like what happened to OP)
 –investing in a HYIP/pyramid scheme/doubler etc
 –sending your coins to the wrong address
 –forgetting the seed key to your wallet or you misplaced those keys or possibly gone etc