Post
Topic
Board Electrum
Topic OP
Please Help!!! Trapped bitcoin & watch wallet issue
by
Matt01061983
on 26/04/2017, 12:33:06 UTC
I am really hoping someone can help me.

Last year I decided to start buying some bitcoin.  I chose the electrum platform after researching and hearing of its ease of use given I am not overly technical.  I created a standard default wallet on electrum but don’t recall being presented with any phrase or password at the time of creation.  I bought a small amount of bitcoin from Bittylicious to test that the wallet was working.  Once confirmed, given the risk to security, I decided to follow the advice of a web article and create  a watch wallet.  I did so using the master public key from my default wallet.  The watch wallet was created instantly after inputting the master public key, again I don’t recall any passwords or phrases being presented to me

Over the last year I have been adding bitcoin to my watch wallet using the receive address form my watch wallet.  I started to become concerned when the transactions being shown in my watch wallet weren’t appearing in my default account.  Upon further reading online I am now hearing I need to present ‘seed phrases’ to access and spend my bitcoin in my watch wallet.

I don’t recall ever seeing any phrases in either the setup of either the default or watch wallet and don't know what this is.   Can someone help me understand what options I have.  I am really worried I may never be able to access my bitcoin again and have lost a years worth of saving

Please help!  Thanks in advance

Kind regards,
Matt