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Topic: If i send my bitcoins to a wrong address, what happens? - page 5. (Read 18063 times)

newbie
Activity: 224
Merit: 0
I don't think anyone can help in this case as there is no authorities that one can go to and rectify the situation. He will just have to consider himself unlucky. These types of transactions really do make people paranoid and it would be great if there is some sort of system in place to protect us in the future.
sr. member
Activity: 686
Merit: 282
This is not a bank where sent money is coming back. Here it is otherwise badly sent out are lost. I have already convinced myself several times Sad.
jr. member
Activity: 31
Merit: 1
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"
full member
Activity: 443
Merit: 100
Why not??
it's simple You will lose your bitcoin if you send your bitcoin to wrong address!!
sr. member
Activity: 644
Merit: 259
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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.
I always wish it was possible that one can return his or her bitcoin to their address before the transaction could get confirmed, I am sure that could prevent a lot of thefts in the bitcoin network. But at the moment whether confirmed or not you lose your bitcoin once it is sent.
full member
Activity: 644
Merit: 100
Not only in bitcoin in the usual things we do the same thing, let's say that bitcoin address is the destination account number that we will send the money, then we enter the wrong account number, then the money we send will not reach the goal, or not sent. What distinguishes the bitcoin transactions is that if we enter the wrong address at the time of sending bitcoin, the bitcoin you will send will not get anywhere unless the address you entered is correct, but whoever is receiving it.
full member
Activity: 659
Merit: 101
of course you will lose your coins or maybe even your coins will go into someone else's wallet. I guess that's what will happen if you mistakenly fill in the address you'll send bitcoin or another coin.
Yes you will lose your coin and goes to someone else wallet and if you think this in real senior of world if you put your money to someone else wallet then it depends on the person in who`s wallet you have put the money whether he returns you the money or not.Bitcoin do so because it provides full controls to the user who holds that account and never interferes.
member
Activity: 118
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.
jr. member
Activity: 53
Merit: 4
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?

Since, bitcoin is not physical and transaction has no security check, it's most likely that you'll lose your bitcoins if you send it to a wrong address. Unless or until you trace or find that person and the person is kind enough to return you coins back. So, good practice is to validate the address multiple times before transaction proceeds.
full member
Activity: 574
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?

if it happens then you have finished your history, it is a bit excessive but it is in fact not to send a bitcoin to an address that is not an appropriate address because we can not return the wrong bitcoin.
sr. member
Activity: 896
Merit: 268
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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.
newbie
Activity: 21
Merit: 0
Well , someone with that address is having a very nice day. Maybe he will send you back some coins but I doubt it , there's no nice persons here Sad they are all greedy.
hero member
Activity: 1582
Merit: 523
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?

need to be careful in writing the wallet address, and more thoroughly before being sent to minimize address errors in the delivery.
This case if sent bitcoin to wrong address it will not return back to you. It will not lost its just sent to the recepient. Yes if we will send btc we should really be careful and verify more times the address to send your btc.
hero member
Activity: 868
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
I think if the address exists, you will lose all your bitcoin and if it not exist, you will be refund.
I think that most people wouldn't send the money back if they received the coins, so the money is probably going to be gone.
member
Activity: 525
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?

need to be careful in writing the wallet address, and more thoroughly before being sent to minimize address errors in the delivery.
sr. member
Activity: 2030
Merit: 356
Bitcoin is decentralized and ledger of non reversible transaction so no one control it. Second important thing to keep in mind while doing Bitcoin's transaction is do double check everything before making process to transaction. As Bitcoin is decentralized there is no customer support.

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 Bitcoins transferred to wrong address then it will loss permanently. As two possibilities
1) If BTC Address is wrong then there is revere payment.
2) If send to anonymous address then also no chance to recover funds from user due to anonymity.

Other than these two option there is also one more condition. As we know coinbase allow bitcoins to transfer from coinbase account to another coinbase account through email. In this way  if you send bitcoins to a wrong email address through coinbase, you can them email that person and request him a refund. Other than that, i don't see bitcoins coming back to you.
hero member
Activity: 1568
Merit: 502
Bitcoin is decentralized and ledger of non reversible transaction so no one control it. Second important thing to keep in mind while doing Bitcoin's transaction is do double check everything before making process to transaction. As Bitcoin is decentralized there is no customer support.

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 Bitcoins transferred to wrong address then it will loss permanently. As two possibilities
1) If BTC Address is wrong then there is revere payment.
2) If send to anonymous address then also no chance to recover funds from user due to anonymity.
member
Activity: 504
Merit: 11
of course you will lose your coins or maybe even your coins will go into someone else's wallet. I guess that's what will happen if you mistakenly fill in the address you'll send bitcoin or another coin.
sr. member
Activity: 728
Merit: 252
You will lost your bitcoin.  And you can not get it back.  Because nothing application to back it.  I hope some day there is a application which can get back bitcoin if send to wrong address. 
newbie
Activity: 255
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?

I think that would be very bad for you but i guess a very excellent day for that soneone who would have coins appearing out of nowhere and then you would lose it. I guess that is something that all of is would not want no matter how rich we get in bitcoin
I think it’s a good thing if you send bitcoin on wrong address by mistake if they see that these are coins  so defiantly he will start search of it that what is bitcoin and how it work and it depend on him that what he will do with your bitcoin and I think he will return you back so in one condition I’m sure that he will join bitcoin because bitcoin is now a very valuable currency and its demand is very high so nothings to worry about it if you send by mistake bitcoin on wrong address.
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