Bitcoin Startup Predicts Cryptocurrency Market Will Grow As Much As $100 Billion in 2018

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It happens to all of us eventually. You try switching it off and on again and the machine fails to boot up. In short, your hard drive has failed and you now face a serious interruption to your day. And slowly it dawns on your that you had a Bitcoin wallet on that disk.

And that it is worth a lot of money. You must get that file back no matter what. Here is a set of instructions that will allow you to do exactly that, depending on the state of your drive and the effectiveness of your backup strategy. Your continuous backup strategy has saved you from a serious financial loss. What follows is a series of steps that you need to do to have the best chance of getting your bitcoins back. Some of these steps require those assumptions, but you might strike it lucky and not need them at all so use your own judgement.

Shut down your computer and make sure it is off. Replace the hard drive immediately. Ideally, if your machine is under warranty get them to replace the hard drive, but make sure that you get the original busted one back. Use your own judgement here. Just search for illustrated guides on replacing hard drives for your brand of machine.

Do all that you need to in order to get back up and running as soon as possible. Take some time to calm down. So long as your busted hard drive is unpowered and stored properly, your data and bitcoins will wait. These are available from most electronic stores quite cheaply and are very useful to have lying around when you are dealing with raw hard drives.

Alternatively, you can mount your busted hard drive into a spare bay if available, or dangle an IDE or SATA cable out of the motherboard. Power up your hard drive and listen carefully to it see how useful that USB cradle is now? In the first case the drive is trying to overcome a bad sector and the heads are having trouble making sense of the data. In the second, those heads are broken and are tracking all over the platter probably causing more damage.

Install a well-regarded file recovery application for your operating system. I found that the Stellar File Recovery application did a good job. Now point your data recovery software at the busted hard drive, and see if it can be mounted.

You should power the drive down, do the operation, then power it back up and try to get it to mount in each case before proceeding to the next step. Again, you are entirely responsible for your own actions and should use your own judgement. With the freezer option, try to make sure that you have your data recovery software and hardware all set up and ready to go since it may be a one-off that it mounts and it may not stay mounted for long.

If all the above fail then consider a specialist forensic data recovery service. Factors that you need to take into account are:. The online help for your Bitcoin client of choice will guide you here, but some common clients are covered below:.

Instructions for recovering the wallet file for the Satoshi client Instructions for recovering the wallet file for the MultiBit client. Hopefully this article has helped you get your bitcoins back. Make sure you protect your bitcoins by remembering the following:.

Consider a small donation: How to recover your bitcoins from a failed hard drive. August 17, Comments Tags: Bitcoin HowTo Tips Tweet.

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It was an eventful weekend in crypto. The top news today is really awesome news. And the analyses are pretty awesome too. Leading on the news front today is Binance. The exchange got boosted from Asia and moved to Malta. Second from the top is the SEC plans to look at up to crypto hedge funds. Reddit removes Bitcoin as a form of payment.

Bitcoin could improve privacy and scaling. And, finally, Ripple backs global regulation of the crypto exchanges. Thought-provoking reads are analyses that aren't just analyses.

These are reads that actually make you think. These news items came from today's issue of Blockchain Times located at http: I am not compensated by any of the sources, cryptocurrencies, blockchain companies, or entities mentioned in this post other than Blockchain Times where I serve as editor.

The best articles never get the views they deserve. We appreciate you in the A!!! Crypto News Leading on the news front today is Binance. Binance The Next Web: But I bet you knew that, didn't you?

This is the most incredible read of the day, full of detail with lots of great graphics, and an awesome premise. Bitcoin investors should file an extension on their taxes Forbes. Authors get paid when people like you upvote their post.