Post
Topic
Board Bitcoin Discussion
Re: People still losing their coins?
by
Dunamisx
on 06/03/2025, 16:02:40 UTC
On the occasion of what a colleague of the local forum said, and that I translate to you:

I mentioned not long ago how a friend of mine lost half a Bitcoin by saving it in a wallet on his cell phone, and since he opened it with his fingerprint, he didn't think it was necessary to copy the seed, not even the wallet's password. Until some update asked him for the password and he is still looking for a way to find it out.

I wanted to ask you if you know of similar cases in recent years.

We all know that in the early years a lot of bitcoins were lost because they were worth pennies, most people didn't even imagine where this could go, there was no HW and things like that. But even though the bitcoin loss rate has been reduced in the last years I am sure there will still be human errors like the one in the quote that will end up with bitcoin loss, which is not bad for the rest because as Satoshi said they are like a donation.

Do you know of similar cases?



I don't have a similar case or someone who had the same experience like that, but we have heard a lot of similar experience whereby so many people have lost their bitcoin and couldn't recover from it, though it was said that in the early days, the amount is not what they could consider a huge lost, since most of them were probably gifted the bitcoin they have or they got it at no cost to them even if lost, most of them  never care to regret as at then, but now that it has worth a reasonable amount in value, its going to be a huge loss on any holder to lose their bitcoin for reason.