Take the 2-minute tour ×
Bitcoin Stack Exchange is a question and answer site for Bitcoin crypto-currency enthusiasts. It's 100% free, no registration required.

I have a wallet file I backed up June 2011, and has been offline for over a year now. When I copied it back into where the files are stored with the official client, it says my balance is 0, with no transactions.

Does it take a long time for my balance & transactions to get updated correctly, or is my wallet considered corrupted, and the coins lost forever?

share|improve this question
    
Which version of the client are you running now? Has the blockchain download completed? –  Highly Irregular Aug 30 '12 at 5:03
1  
1. Worry not, unless you messed up when backing it up, which I believe you didn't, your funds are safe. 2. Please post exactly what steps you took in restoring the wallet / installing the client, so people can better help you. Post OS, file locations, client versions ... the more details the better. –  ripper234 Aug 31 '12 at 5:29
add comment

3 Answers

Any unspent bitcoins against addresses in your old wallet should be retrievable.

The client won't show transactions that haven't been downloaded to your copy of the blockchain yet. There should be an icon in the lower right corner of the Bitcoin-QT client that indicates progress on downloading the blockchain. It can take a few hours (there's around 2.5GB to download, and it downloads them slower than you'd expect because the client verifies the blocks as it goes).

share|improve this answer
add comment

There is no limit to taking the wallet offline. The blockchain, which is shared by all users, contains all the information on who owns the bitcoins. Your private key identifies the ownership.

Now the reason why you may see a balance of 0 is because the official windows client doesn't seem to store the wallet inside the application folder, but in your OS user profile. It may still be reading the wrong wallet.

If you see your old transactions, but a balance of 0 - then you should worry.

share|improve this answer
add comment

I think the problem is that the Bitcoin-Qt client doesn't know that you have changed the wallet, and for performance reasons doesn't rescan the blockchain for transaction relating to the new wallet.

It's easy solved by starting Bitcoin-Qt with the -rescan parameter.

share|improve this answer
add comment

Your Answer

 
discard

By posting your answer, you agree to the privacy policy and terms of service.

Not the answer you're looking for? Browse other questions tagged or ask your own question.