Questions tagged [loss]

10 questions
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What happens to bitcoins if the site shuts down?

My father just asked me: What happens if the bitcoin people decide to shut down the website, what happens to my bitcoins? I didn't know.
Angelaw
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If I've lost my wallet, but know my bitcoin receiving address, can I get my bitcoins back?

Although I do have a backed up wallet file, I seem to also have a second bitcoin receiving address, which doesn't seem to correspond to it. Is there a way to recover any coins associated with that receiving address, or are the coins lost forever?
jessicah
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5
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1 answer

What if the system crashes if I have made transactions after my backup?

Suppose I have a recent backup of my wallet.dat file. Now I make (say) two transactions: one receipt and one send. Before I run my next backup, the hard drive crashes and I lose wallet.dat. I can restore wallet.dat, of course, but only prior to the…
Paddy Landau
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4
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Have there been cases of traditional money theft from Bitcoin exchanges?

There have been a number of cases of thefts or losses of Bitcoins from a few Bitocoin exchanges, but has there ever been a case of traditional currency being stolen or lost by an exchange?
ThePiachu
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What is an accepted standard for a Bitcoin system secure from loss?

Using Bitcoin, you can have transactions sent to different addresses. These addresses are, in turn, contained in wallets accessed by keys. The downside is, if you lose the keys, you will lose the Bitcoins (purchasing power) at those addresses in…
Tom Au
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0
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1 answer

Computta stealing bitcoin and behave like its nothing

Mining with https://computta.com/ I had balance of 0.54+ mBTC, every hour i checked and i have written them down in my book. Suddenly since this week they made my computer balance 0.529 mBTC but on my web-site account my balance remaining 0.53…
0
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2 answers

Lost bitcoin on paper wallet

so i got a 0.8 btc on my paper wallet..and usually i checked the balance on daily basis on blockchain.info. And weird thing happened yesterday,my paper wallet sent my btc with total amount of 0.2btc to unknown address.. And i swear i keep my paper…
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Invest 100USD in BTC and BTC went down by more than 100USD. How much I lose? Can I hold? how long?

If I invest 100usd in BTC and let's say BTC went down next down by 200. What will happen? Would I only lose my 100 usd? OR, I also owe another 100usd? If anyone can explain. NOTE: Super new in investment world. Thank you.
0
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If bitcoin value is going down do you lose anything or only when you sell like the stock market?

If Bitcoin is going down, do I only lose if I sell my bitcoin? So, if I hold them I won’t lose?
Sandy
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if theft of bitcoin doesn't affect bitcoin value

"lthough these events are unfortunate, none of them involve Bitcoin itself being hacked, nor imply inherent flaws in Bitcoin; just like a bank robbery doesn't mean that the dollar is compromised." please explain to me why bitcoins value went from…