How to find lost bitcoins

How to Find Lost Bitcoins | +1-855-785-2511 | Recover Bitcoin

Bitcoins are the most innovative and revolutionary discovery ever in the mankind’s history. It has become one of the most valuable currencies in digital form. Working based-on cryptographic protocol, which also makes it one of the most secure virtual currencies of the Internet.

Due to its huge popularity and market demands, Bitcoin is getting more and more adopted by the worldwide communities due to its open source technology, which can be easily be verified for any issue.

What Happens When Bitcoins are Lost?

Bitcoin is hard to earn. When someone loses his/ her Bitcoin wallet, it brings the effect of removing money out of the currency circulation. All those lost bitcoins still remain in the “blockchain” system just like any other bitcoins.

However, all lost bitcoins remain dormant forever because there is really no way for nobody to find the private key(s) which would allow them to be spent again in the future.

Due to the law of supply and demand, when fewer Bitcoins are available in circulation, the ones that were left will be in higher demand and thus increase in value to compensate.

Bitcoin cryptocurrency of the future should not be lost on anyone as it takes time and efforts to earn bitcoins and effectively maintain the present Bitcoin’s circulation.

If someone really loses their Bitcoin wallet, then it still remains in the system but can’t be spent by anyone without the private key created by the wallet owner.

So, the bitcoins should not be lost on anyone. What do you think about the Bitcoin technology and the future of money? Please let us know via comment.

How to Recover Bitcoin wallet | +1-855-785-2511 | Recover Ethereum Wallet

Recover a Bitcoin wallet @ +1-855-785-2511

If your computer is lost, stolen or damaged, or you accidentally delete your MultiBit HD information, then you will need to recover Bitcoin wallet. For more information call @ +1-855-785-2511 or visit @ www.bitcoinsupport.co .

Recover Bitcoin Wallet

Step1 – Locate your wallet words

To restore your wallet and recover your Bitcoin, you must have your wallet words.

With your wallet words, you can recover your Bitcoin. You must keep your wallet words safe because anyone who knows your wallet words can steal your bitcoin.

 

Step 2 – Locate your wallet backup folder

A wallet backup is an encrypted copy of your Bitcoin wallet. Provided you know your wallet words you can use a wallet backup to recover, in addition to your Bitcoin:

  • your contacts and notes,
  • your payment history and notes,
  • The currencies and exchange rates used in payments.

If you followed the instructions in the getting started guide then you created a cloud backup service that continuously uploaded your encrypted wallet files to a server somewhere in the cloud. Locate the folder on your computer that is now a copy of your cloud backup folder.

If you don’t have a backup but you do have your wallet words then you will be able to recover your Bitcoin and any transactions present on the block chain. However, without a wallet backup, you will not be able to restore all the extra information such as contacts, notes, payment history, currencies and exchange rates.

 

Step 3 – Start the restore process

From the unlock screen click the “Restore” button and follow the instructions on the MultiBit HD screen.

 

Frequently asked questions

If I lost my wallet words why can’t I recover my Bitcoin with just a backup?

Because if you could, anyone could. If your cloud-based backup leaked out of the cloud and onto a thief’s computer, the thief could steal all your Bitcoin.

To restore your wallet, and recover your Bitcoin, you must have your wallet words.