How much bitcoin can't be retrieved
unlike many payment methods, encrypted transfer cannot be cancelled. If you have transferred your bitcoin to someone else's account, it is impossible to recover it
when you transfer money to someone in traditional currency, the bank has recorded the transfer and can charge the exact amount to your account if they know it. Cryptocurrency works differently. When you buy cryptocurrency, you will get a specific code, and when you transmit this code, you will not be able to track the transaction. The only way to get a refund is for the company to decide to give you a refund. The refund they give you is not the initial cryptocurrency you give them, but the cash they will give you at the same value as the cryptocurrency you lost< At the same time, the next step is to report the actual situation to the relevant financial department. If you have confirmed that you have been cheated, and there is no reason why they did not return your money or allow you to withdraw money from your account, you should report their fraud
if you lose bitcoin for Internet fraud or theft, please follow the detailed steps below
if you lose your bitcoin e to Internet fraud or your bitcoin is stolen, you should first keep calm and relax. In this case, you should immediately visit the investigation and recovery company for binary options, cryptocurrency and Internet fraud, consult a free consultant and report such crimes to get your bitcoin back.
This situation must be timely feedback to customer service, to retrieve
if bitcoin is stored in the account of the exchange, all the coins are in the big account of the exchange. If the exchange stops trading or goes bankrupt, all the coins belong to the actual controller of the exchange (the person who has the key of the big account)
therefore, if there are official problems in the exchange, we must contact the official customer service in time to retrieve them. In addition, digital assets, blockchain and other technologies will have unpredictable effects, and problems in the development process need to be standardized
extended information:
people who really own bitcoin do not store them on the Internet, but store them on the hard disk. Bitcoin's code is open source, which means that technicians can modify the code to proce a continuous stream of virtual currency
which breaks through the "limited amount" attribute of bitcoin. These virtual currencies can be exchanged with fiat currencies. For example, bitcoin can be exchanged into yen, and yen can be exchanged with almost all fiat currencies in the world
in this case, if the number of virtual currencies increases arbitrarily, there will be problems in the whole international monetary system. Therefore, on September 4, 2017, the central bank stopped the exchange function of the token trading platform, especially the exchange function with legal tender
of course, the person who steals your money doesn't move at all for a short time. So really no temper, in short, want to find very difficult
take precautions in the future. For example, some neutral online wallets are also very safe, and they may not all exist in their own machines.
According to Chaina alysis, a research firm, up to 20% of the existing bitcoin has disappeared forever. At the time of the study, about 3.8 million bitcoins could never be retrieved. In this article, we will explore all possible ways to lose bitcoin
1. Cryptocurrency hackers
the hacker behavior of cryptocurrency exchange is the main reason for the loss of bitcoin. Exchanges are a hot target for cyber criminals, accounting for 27% of cyber attacks in 2018. Mt. GOx was the first high-profile cryptocurrency hacker, but since then, many major exchanges have been hacked, including bitfinex, bitstamp and, more recently, cryptopia, the cryptocurrency exchange in New Zealand, which lost 9.4% of its total positions
Malwarethe malware on torrent website and Google play store are used to steal passwords from vulnerable categories. For example, there is a malware clipper that uses users' behavior of ing and pasting wallet addresses to steal passwords. For example, if you send BTC to an address, you usually and paste the address, because it is a long string of random characters, clipper malware will exchange wallet addresses, which means that when you paste, you will send encryption to the wrong address
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Research firm chainanaalysis estimates that up to 20% of the existing bitcoin is gone forever. At the time of the study, about 3.8 million bitcoins could never be retrieved. In this article, we will explore all possible ways to lose bitcoin
1. Cryptocurrency hackers
the hacker behavior of cryptocurrency exchange is the main reason for the loss of bitcoin. Exchanges are hot targets for cybercriminals, and Mt. GOx is the first high-profile cryptocurrency hacker. Since then, many major exchanges have been hacked, including bitfinex, bitstamp and cryptopia, the cryptocurrency exchange in New Zealand, which recently lost 9.4% of its total holdings
The deceitful international security and Development Council (IsdC)the people who have new access to encryption technology have become the victims of false initial token issuance (ICO). They publicize themselves as a new cryptocurrency investment and will get high returns. They use "fear of missing" (fomo) because the project will never come true and the money will never be returned to investors. Experienced investors know how to analyze the project according to the team to assess whether they have the ability to fulfill their commitments, whether they have a minimum viable proct, etc. One of the most famous fraulent ICOS is centra, endorsed by Floyd Mayweather
8. Pump and mping program
coaxing and mping are price manipulation. Swindlers use social media groups to hype projects or tokens called "junk money". Because they have no added value or real use cases, their value will increase exponentially overnight. As soon as the value increases, fraudsters sell their tokens. Soon after that, the price of selling a large number of tokens drops sharply, resulting in huge losses for those who hold them for a long time or buy them at a higher price. Celebrities or people are also used to hype the so-called "ng money"
9. Refrigeration equipment is lost or damaged
many people start using bitcoin when it is not valuable. They throw away their old computers, misplaced hardware wallets, etc., or their computers are damaged
10. Careless
send bitcoin to the wrong address, some wallets and transactions, all options to prevent users from sending bitcoin to the wrong wallet (non bitcoin)
on September 4, 2017, notice of the people's Bank of China Central Network Information Office, Ministry of instry and information technology, State Administration for Instry and commerce, China Banking Regulatory Commission, China Securities Regulatory Commission and China Insurance Regulatory Commission on preventing the risk of token issuance financing: it is prohibited to engage in token issuance financing activities (ICO); The trading platform shall not engage in the exchange business between legal tender and token, or virtual currency, or buy or sell token or virtual currency as a central counter party, or provide pricing, information intermediary and other services for token or virtual currency
according to the monitoring of financial regulatory authorities, recently, some lawless elements hype "virtual currency" under the banner of blockchain. Therefore, China Internet Finance Association issued "risk tips on preventing ICO and" virtual currency "trading activities in the name of blockchain".
