Pages:
Author

Topic: If i send my bitcoins to a wrong address, what happens? - page 4. (Read 18049 times)

newbie
Activity: 21
Merit: 0
It's difficult to accidentally send bitcoins to an invalid address because there is a 4-byte checksum in every address. If you make a typo, the checksum won't be valid and any transaction sending bitcoins to such an address will be rejected by the network.
full member
Activity: 266
Merit: 100
If you send to the wrong bitcoin address of course the bitcoin will vanish. Or the likelihood of the wrong address being owned by someone lucky to get bitcoin from you.
The lesson is that every time you want to transfer bitcoin must be very careful in entering bitcoin address.
sr. member
Activity: 1344
Merit: 261
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 btc to the wrong address it's your fault and your btc is gone and the receiver will be a lucky person because you cannot claim it back so if you don't want to lose your btc as soon as possible before you send your btc to another person or wallet always double check it maybe if you don't do that it might be gonna happen to you so always double check.
hero member
Activity: 560
Merit: 500
From what I have heard they are lost for ever into the bitcoin void. Or you could have sent them to someone and if hes really honest he can send them back. But the probability of that happening is pretty slim.
Technically the coins are not lost forever. The coins can get returned if he knows how to bruteforce a wallet.

Now what is meant by bruteforce a wallet ? The scerniro is simple here. If you send the bitcoins to the wrong address and you do not know which person is the owner of that address, you can never claim it back and those bitcoins now belong to whom it has been transferred wrongly. That's why we should double check the wallet address before sending any money to wallet address.
full member
Activity: 294
Merit: 100
Tokenize Fantasy Sports
If you send Bitcoin to the wrong address, it is likely that you will lose all of that Bitcoin. Because Bitcoin's security mechanism seems to only send data, it does not return a sent BTC. Be careful, before sending you to need to check whether the address information is correct or not, avoid sending the message and then recognize the wrong address. I hope that the future will be able to return the BTC sent or have an intermediary such as escrow to ensure no mistake in the transaction as it is now.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
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?

Always be carefull sending coins makes sure the address are correct, sad to say with you hard to locate who is the owner of the address.
full member
Activity: 434
Merit: 101
If it will happen then someone has a good day after sending money randomly but its once in a blue moon, like how can you send to a wrong recipients ? you have to double check it before sending because its a key. Aside you just need to copy and paste it , how can you be mistaken of it unless you misclick something or delete some parts of it.
newbie
Activity: 160
Merit: 0
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?

Obviously you can't get those bitcoin which lose as a donation!
full member
Activity: 462
Merit: 100
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?

The possibility of other people getting the bitcoins is very low. The chances are, some person MIGHT have received it, but the chance is really slim, and the other scenario is it will be lost in the void. It cannot be recovered, sadly. So next time you send bitcoins, always make sure the address is active.
member
Activity: 266
Merit: 10
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?
It may possible to make your money return but the bigger portion was cant.. All because bitcoin can have a so many transactions,so that they may not know something else happend....only you need to do is to report earlier to the manager to give a quike responce and action. But the biggest point is when you are asking for it within several days passes without informing bitcoin...thier is possibility that you cant return your money back.but im sure that bitcoin can handle that kind of problem.
full member
Activity: 364
Merit: 100
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?

Well, I guess if you send it to a owner of that address then your btc will somehow go to his account and you can't do anything to get it back unless you contact him or you know him. And if that address doesn't have any owner or let's just say invalid address, I think your money will be back on your account. That's all.

In this case, 99.99999999% you don't know the owner of the address. Then you can forget about that bitcoins, they're lost forever. If you saw it instantly, you can try to make another transaction with extremely higher fees to save your bitcoins.
so we are taking to be more careful cause in this case there is a lot of process there is some that you have to file some case and of course in the first place you will never know who is the owner of that address and we all know that all of us are greedy to have atleast some bitcoin so even me if i may receive some bitcoin with my address from unknown first i may take some shock why i may receive that.
member
Activity: 420
Merit: 11
DISRUPTING THE $23.5 B SCIENCE PUBLISHING INDUSTRY
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 the wrong address of course you will lose your bitcoin because it is impossible you can ask to return your bitcoin
sr. member
Activity: 438
Merit: 250
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?
You just send them to the wrong person and lose) no refunds in bitcoin, this is one of the basic principles of the bitcoin code!and if the address is simply not correct, then the transaction simply will not happen and bitcoin will not write off your account
full member
Activity: 350
Merit: 107
It will be lost. Next time you have to make iy sure that you will use the right address because you cant change it. You have to double check it next time and make another address.
full member
Activity: 130
Merit: 100
Hoqu.io – Decentralized Affiliate platform
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?

Bitcoin transactions are irreversible. While this may be very inconvenient at times, it prevents scammers doing charge backs on PayPal transactions while using credit cards. If you think about it another way, how would the block-chain know you sent bitcoins to the wrong address? It could be that someone buys goods with bitcoins, pays the guy and then a day later tries to get his bitcoins back claiming he sent them to the wrong address.
sr. member
Activity: 476
Merit: 250
The coins go to a lucky human being in the world. They would be there and you will not be able to see them again. If you do such a thing than you have to forget your btc.
full member
Activity: 140
Merit: 100
They will be lost and you'd have no right getting them back. The only way you would have some chance with, is if  you can find the owner of the wrong address that you sent your money to and try to persuade them to give them back and the odds of that happening is close to zero.
full member
Activity: 256
Merit: 100
If you have sent your bitcoin to an address that was assigned to another user, there is a big chance and a possibility not to get it back unless you have to private key to that public address.
member
Activity: 133
Merit: 10
Blockchain with solar energy
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?

I'm sorry to tell you but its either lost forever or it is transfered to some unknown person which gives you almost 0% chance of getting it back. Even if you have his address it would still be quite a feat to retrieve it, even brute force hacking is not an option when it comes to crypto wallets.
sr. member
Activity: 644
Merit: 252
I'm just a Nobody.
if you lucky will lost half of your bitcoin else just cry for your lost.


in most cases you lost it for ever " No refund option"

nahhh.. you will lose everything not half Cheesy Once you send the bitcoin to the wrong address say good bye to your BTC because it's irrevocable. Be responsible in what you do, better to look twice or even 3x to the address where you want to send the btc.
Pages:
Jump to: