If i send my bitcoins to a wrong address, what happens?

chuongvannguyen02

member

Activity: 95

Merit: 10

Quote from: zpinto on June 22, 2011, 12:28:51 PM

Hi!
As the title says, what happens if i get an address wrong? Do the coins get lost?
If that's what happens, why not change the code in Bitcoin, so that if the bitcoin network cant detect that address, returns the bitcoins to you?

If the transaction does not find the destination within a certain time, then the cashback. That's what I know but I think you should think about risk you may not get cashback if the address you send has a user.

ViciousWarlock29

newbie

Activity: 98

Merit: 0

Quote from: rainezerr401 on December 26, 2017, 02:18:56 AM

Quote from: ViciousWarlock29 on December 26, 2017, 02:16:28 AM

Well you can just bye.bye to your coins. Because there are no ways you can undo the transaction. Unless you know the owner of that address and can ask him to return it back to you. Bitcoin is not like paypal where you can cancel your transaction.

Yes that's right , you are very reckless if you send your coins to the wrong address because most of the people are really checking their address well before they confirm and we are talking about the big money here so you should always check your details if it is correct.

There is a big money involved in transacting bitcoins. So being careless and reckless I guess would be the last thing to do. Better to double or triple check everything before confirming any transactions.

rainezerr401

member

Activity: 294

Merit: 10

Quote from: ViciousWarlock29 on December 26, 2017, 02:16:28 AM

Well you can just bye.bye to your coins. Because there are no ways you can undo the transaction. Unless you know the owner of that address and can ask him to return it back to you. Bitcoin is not like paypal where you can cancel your transaction.

Yes that's right , you are very reckless if you send your coins to the wrong address because most of the people are really checking their address well before they confirm and we are talking about the big money here so you should always check your details if it is correct.

ViciousWarlock29

newbie

Activity: 98

Merit: 0

Well you can just bye.bye to your coins. Because there are no ways you can undo the transaction. Unless you know the owner of that address and can ask him to return it back to you. Bitcoin is not like paypal where you can cancel your transaction.

rumexx

full member

Activity: 476

Merit: 100

Every activity in blockchain must be carefully done and require reconfirmation before you hit the button for sending. If you send any fund to a wrong address the fund is lost forever you may have given a gift to another person.

sohel436290

newbie

Activity: 182

Merit: 0

I am not sure maybe it's impossible to back, a real story a few days ago my friend, unfortunately, do that & he can't back to the money own wallet if you want to do the transaction check again & again when you send the money. if you try to send the money a wallet you need to total concentration. And you also can be remained own mind messages ''amount not refundable'' best of luck.

palensya

member

Activity: 87

Merit: 10

Quote from: zpinto on June 22, 2011, 12:28:51 PM

Hi!
As the title says, what happens if i get an address wrong? Do the coins get lost?
If that's what happens, why not change the code in Bitcoin, so that if the bitcoin network cant detect that address, returns the bitcoins to you?

That would be your loss if you had sent it to a wrong address I dont think that the wrong address you had sent would return that to you unless you have proper communication with. But i doubt if the wallet owner would return it. It would be a lucky day for that wrong wallet address.

Aryadwipanggah

member

Activity: 350

Merit: 13

if you send bitcoin to wrong address make sure your bitcoin will disappear and it's very hard to go back, unless the bitcoin address owner you sent would be kind enough to return it

laravuemaster

full member

Activity: 378

Merit: 100

When Football meets Crypto

Then your coins is gone if the current address you are sending is existing. To avoid this kind of problems, You should place your money on those exchangers that has an email confirmation before sending your coins into another address to withdraw.

e1ght

newbie

Activity: 11

Merit: 0

Wow, this whole thread has turned into a place for people to up their post count.
The original question is from 2011 with hundreds of answers and they're all the same.
You lose your coins.

Why are people still commenting years later?

pathapoddo

full member

Activity: 448

Merit: 100

CRYPTOCITIZEN $CCASH

If you send Bitcoin to a wrong address and if the address is existing then it's your bad luck. Or if the address has no existing then it's your good luck. One month later it will come to your wallet again.

sambuki

newbie

Activity: 238

Merit: 0

Quote from: zpinto on June 22, 2011, 12:28:51 PM

Hi!
As the title says, what happens if i get an address wrong? Do the coins get lost?
If that's what happens, why not change the code in Bitcoin, so that if the bitcoin network cant detect that address, returns the bitcoins to you?

Tbh, I don't know what will happen if we send to the address that doesn't exist. Maybe the coin will be lost forever.

jeepuerit

member

Activity: 306

Merit: 15

When you make a mistake passing your bitcoins to a different wallet address it certainly will not go back, now because there are many people who like bitcoin. So be sure to put a wallet address.

Lorna t

member

Activity: 179

Merit: 10

In my points here is, sometimes we make mistake of tyiping anykind of letters and numbers we do not know when its mistaken sometimes it happens to me that situation is easy if we made a mistake at that point we should let to know the administration here for they give us an active way to change our address that we can mistakenly change to let us know that we are wrong .it is a coin that will be discussed and your coin is lost then your clip board and passed in the wrong way and valid address then you have to accept as no way to get that and return your coins .unless if someone holds a private key that the way that address send them back to you .so be careful and what ever you write or type it.pls check and read it again...

markk94

full member

Activity: 308

Merit: 100

if you input wrong bitcoin wallet address on the process of transaction, your bitcoins will be gone to that "wrong" bitcoin address and you cannot retrieve it back to your wallet. please becareful next time

Quinrock

newbie

Activity: 153

Merit: 0

Just becareful if you sent and you look first then check the address of you sent.

West0813

full member

Activity: 504

Merit: 100

Its hard to recover bitcoins that send to a wrong address. So be careful, make sure that you enter your address correctly. Double check if needed before you put your address.

Wyne

full member

Activity: 531

Merit: 102

Quote from: zpinto on June 22, 2011, 12:28:51 PM

Hi!
As the title says, what happens if i get an address wrong? Do the coins get lost?
If that's what happens, why not change the code in Bitcoin, so that if the bitcoin network cant detect that address, returns the bitcoins to you?

If you send your bitcoin into wrong address, this is a mistake you will truly regret because it only means that your bitcoin will lost forever and it is impossible to return to you. That is the reason why you have to be very careful on entering your bitcoin address. Besides, you can just copy (using copy command) your address and paste it (using paste command) into the address bar instead of typing it character by character to avoid mistakes in your transaction. It is a precaution to everyone because bitcoin address is the pathway to receive your bitcoin earnings.

spiritguardcharles

jr. member

Activity: 104

Merit: 4

Obviously,you will end up losing your money and there's no guarante that you will be able to retrieved the money you lost.However,it's really a common mistake which everyone could not avoid but we could prevent it if we properly handle our money with care and use some alternative precautions in order to have a clean and safe transaction and even withdrawing your money

codered000

member

Activity: 120

Merit: 14

If it's an invalid address, the transaction will fail. But if it's valid of course someone will receive your Bitcoin and it won't be a lost bitcoin unless they don't have access to that address anymore.

Topic: If i send my bitcoins to a wrong address, what happens? (Read 18043 times)