You need your private keys to spend your bitcoins, so if someone
gains access to your private keys, they can (and will) spend your bitcoins, and your bitcoins will be lost to you.
Not exact matches
Bitcoin users
gain access to their balance through a password known as a
private key.
Cloud - based wallet services are offered by providers as a method of storing your
private keys on a remote server, meaning you can
gain access to them any time you have
access to the Internet.
According
to reports, the fraudulent «mybtgwallet» app
gained access to these funds by surreptitiously recording users»
private keys.
If anyone
gains access to your
key, you would face grave consequences, as you can not stop or cancel transactions and neither can you reset the password or
private key.
If somebody else
gains access to Alice's
private key, they can also
gain access to her bitcoins.