Conclusion :
In the end Unocoin asked me to to wire the CURRENT value of 0.0182 BTC to their bank account.
The transaction is done from my part. They will create a custom buy order of 0.0182 BTC to reflect this INR transfer on the account.
Moral of the story is:
When you open an account with all your personal details submitted to an exchange; when you get free money on what is supposedly YOUR wallet designated by that exchange; on a network which is marketed as an irreversible mode of payment; You are basically handing these exchanges a leash tied to your neck which they can pull whenever they want and make you pay for their mistakes.
Dashingriddler is gonna have one great story to read when he comes home from his business trip.
I thank everyone who has taken their time to respond here and have consoled me to believe that this was the right thing to do.
I especially thank Danny and turvarya for assuming me to be an account stealer, a person with a despicable character, a thief, dishonest, unethical, immoral and a worthless customer and what not lol
So go on Bitcoin exchanges!! Keep screwing over your customers.On a serious note I do thank them for their valuable contribution towards resolving this issue and making me comply to do the right thing to do. Dont construed my sarcasm to be anything other than just entertaining words. I do not hold a grudge over this issue and will continue to support Unocoin.
If you watch someone accidentally drop a few $100 bills out of their pocket and neither they nor anyone else notices, should you pick it up and keep it? Or should you return it to them?
Ethically, the right thing to do is return it.
hahaha, Exactly my point!
If I find a $100 bill lying on the street I'll keep it and its a no-brainer, you dont go poking your nose around and asking who lost their money, what you found lying on the street should be yours to keep, anyone not opportunistic enough to do that is a fool and NO it does not make them a thief.
If you just found it on street then yeah you would not go poking your nose asking who lost their money. But what if you know to whom it belonged it.
What if the person who dropped that bill sees you picking it, comes to you and says that 100 $ belong to him and proves it that it belong to him (say by giving you the serial number on that bill). Would you say you found it due to his mistake and you would not return?
Also what if you were the person who dropped that note and some one else picked it up and did the same thing to you?
As long as we are talking about real life situation... Yes I ve dropped cash, yeah, even had my cell phone picked (who hasnt?) and didnt expect anyone to come looking for me to return it even though I tried to look where I dropped it, it was my stupidity and carelessness because of which I lost them and I learnt a lesson from it which was to be more careful.
It was a long time ago, back then I was a beefed up high schooler and thought no one would dare to snatch my phone from me, turned out I WAS WRONG.
I wasnt the most smartest or the most strongest or even the most vigilant person when I lost my cash or cellphone, back then I used to commute by public transport (especially trains) and if you've been to Mumbai or Kolkata you would know how congested these things get. I used to foray bravely into congested areas with the power of my muscle thwarting anyone shorter than me and brute forcing anyone bigger than me, I used to tear my way through to my destination and all the while I used to carry my phone in one of my pants' pocket and my loose cash into another, and then one day I simply dropped my cash didnt pay much heed to it but about a year later I had my phone pick-pocketed.
Since then I realized that I must pay for my mistakes and my ignorance and must learn from them, since then I LEARNED to safely secure my cash and cellphone inside my backpack whenever I traveled (not just public transport).
Danny here has very eloquently made a wonderful remark about my character but he might have overlooked the fact that the character of every person is forged from the experiences that they've had. He might want to believe that we live in an honest world where everyone is bound by the principles of honor and dignity but I know and even he knows that our world is nothing like that. If someone still wants to argue the virtues of morality over logical sense then they are simply being pretentious.
All I am simply saying, is that learn from what previous 'big and muscular' exchanges have done to their customer, how they 'tore through their wallets' and have ripped off their customers' off millions of dollars.
So when you are heading and running one of the few functional exchanges of your country, take some responsibility for the fault that was committed in your part, PAY FOR THOSE MISTAKES, LEARN FROM THEM, and make sure that it doesnt happen again.
- but instead you have a contingency plan in place now should it ever happen again based on the pretext that it WILL happen again.
As long as 'big and muscular' corporations would continue to think that they can get away with their mistakes, till then no real progress can be made.