After purchasing the 5, bitcoins, Koch pretty much forgot about them altogether. He did, and after figuring out the password to his wallet and seeing how valuable those bitcoins had become, he sold off a portion of them.
Now he has an apartment that he purchased in an expensive part of Oslo, Norway. All thanks to the huge price gain that bitcoin has experienced, mostly in the past year. It turns out that Koch's frivolous technology spending, against his girlfriend's wishes, actually turned out to be a great investment. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you.
Editorial disclosure All reviews are prepared by our staff. Opinions expressed are solely those of the reviewer and have not been reviewed or approved by any advertiser. The information, including any rates, terms and fees associated with financial products, presented in the review is accurate as of the date of publication.


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There is only one Bitcoin BTC. Can I recover the Wallet ID just by knowing the email address and password? If it was a self-hosted wallet, then no. If you used a wallet service that is still around, then you will need to contact them to hopefully recover your account. Are my Bitcoins lost forever? If you cannot recover the wallet private keys , then yes. They will unfortunately remain forever locked. You could also look for physical backups of your keys "paper wallets" , which would likely just be a printed sheet of paper with private and public keys listed for said address.
Best of luck! After purchasing the 5, bitcoins, Koch pretty much forgot about them altogether. He did, and after figuring out the password to his wallet and seeing how valuable those bitcoins had become, he sold off a portion of them. Now he has an apartment that he purchased in an expensive part of Oslo, Norway.
All thanks to the huge price gain that bitcoin has experienced, mostly in the past year. It turns out that Koch's frivolous technology spending, against his girlfriend's wishes, actually turned out to be a great investment.
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