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Author Topic: What if someone forgot the key to their bitcoin wallet ?  (Read 1975 times)
BTCempires
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August 29, 2018, 11:27:15 PM
 #521

Yes, I can. All this is not easy, the process is time-consuming and long, but access can always be restored.
Hanazawa
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August 29, 2018, 11:52:50 PM
 #522

What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?

You know what our private key is our only access to our wallet...  We need to keep it safe and secure.. That's why it is our responsibility to keep it in a right place..  I usually Put my private and public key to a piece of paper and i keep it well..  So it is impossible for me to
Forget it.. It is our responsible and duty to keep it always in right place... 

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kittybabe@06
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August 29, 2018, 11:55:39 PM
 #523

i would kill myself if i will forget it.. all of us should  backup of dat.file if you lost it you cant use your coins anymore. you should keep that key on a safety storage you have. me  i have backup of that in my hard disk and to my cloud drive, so i can use it anytime.
BlackOpsLine54
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August 30, 2018, 06:12:23 PM
 #524

First of all we should immediately write the key of our wallet so that we can easily get that and if we lost it i think we lost all that kept in that wallet.
warning_btc
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August 30, 2018, 06:36:40 PM
 #525

Try to don't lose your private key, because for now there is no method to recover it.
Always need making backup of private keys on some offline hard drive

KseniaLard
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August 31, 2018, 01:54:45 PM
 #526

Indeed, many people are afraid and worried about maintaining their private key, and I can advise us to use 2FA to improve security in our private key.
Diablesfunis
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August 31, 2018, 01:59:29 PM
 #527

If someone lose or forgot the key to their bitcoin wallet then they can't access their wallet forever that's why you should store it on a safe place, bitcoin and crypto let you have the full control of your own money but that has downside aswell if you lose the access then nobody can help you to regain the access to your wallet. There's a lot of people that are new to crypto and don't know about this and they have to learn it in a harsh way.

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taivan11
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August 31, 2018, 02:02:57 PM
 #528

If some one forget his wallet private he can’t do anything besides create a new one. Because private key is one the wallet  security, the function same like password. After you create a wallet make sure to put in a safe place, and if possible make an encrpyted password to make it more secure.
Karie_Legend
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August 31, 2018, 02:05:32 PM
 #529

If they forget the key they have got it will make a loss and there is nothing you can do for me.
kalstarzz
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August 31, 2018, 02:07:30 PM
 #530

What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
for now I keep my keys in several different places. I did it to backup, even I also saved it in an email draft.
bubidan.id
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August 31, 2018, 02:12:07 PM
 #531

What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?

I will save on the flash disk or I will write on my book and save it. If you lose the private key, your balance at the wallet will be lost too. No one can return your private key other than yourself, if you eliminate the private key, your funds will automatically disappear because you cannot access it.

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cosmoo
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August 31, 2018, 02:12:23 PM
 #532

If you will lose your private key - you will lose everything you have on your wallet! I prefer to save my private keys in different places, so I can restore my wallet anyway.
Rodeo02
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August 31, 2018, 02:29:22 PM
 #533

What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
for now I keep my keys in several different places. I did it to backup, even I also saved it in an email draft.
so when the time of its may ever be loss for you are may be the one who may in charge of it, like you are may ask what if.? well its your loss and you have to be careful yet on what you have to do on.
Cyptocity
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August 31, 2018, 02:45:24 PM
 #534

   
The whole security of the bitcoin system is to not be able to derive the private key from the public key. If so, it would make the whole system useless. Unless you have a seed meant to be  noted down, or the private key in a file (e.g. "wallet.dat"), there is basically no access to your funds.
brotherwood12
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August 31, 2018, 03:03:53 PM
 #535

putting in somewhere that you know is best , memory is isnt good way , or better you just safe your whitpaper at bank or someone you trust but didnt know btc xD
shainasaz
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August 31, 2018, 03:11:35 PM
 #536

If someone forgot the key to their bitcoin wallet it would make the wallet useless because private key is the only way to access the wallet address so if it is will lost, you can't access it that's why it is very important to secure your bitcoin wallet because if you mistaken it wouldn't be back anymore.

Kusnechik
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August 31, 2018, 03:13:56 PM
 #537

If someone forgot the key to their bitcoin wallet, he will forever lose access to his Bitcoins. This happens not infrequently.

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alyssajane1982
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August 31, 2018, 03:21:58 PM
 #538

If someone forgot the key to their bitcoin wallet, he will forever lose access to his Bitcoins. This happens not infrequently.

Yeah, this does not happen regularly but once happened to a person he will never get back his earnings again. So we really need to secure our private keys and make more back ups.
tungaqhd
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August 31, 2018, 03:59:16 PM
 #539

What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
It depends on which kind of wallet are you using. Most online wallet allow you to recover your keys if you are still able to access your account, and paper wallet is more secure so it doesn't allow.
amber deposit
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September 07, 2018, 06:42:52 PM
 #540

The best way for anyone for them not to forgot or lost their private key is to write it,  print it,  or encode it on any platform which is somehow permanent or not easily vanish like your memory. It is like a lecture in a seminar.  Even though you already know the topic and you have many knowledge about our it,  it is very possible for someone to forgot it,  how much more to your private key.
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