Topic: If i send my bitcoins to a wrong address, what happens? - page 8. (Read 18049 times)
If it is send to wrong address accidentaly. Of course, you will lose your bitcoin balance. So its better to double or even triple check your own address in order to send your money and have it. Well a random address isnt applicable but there is a chance that mistyping the address will lead to loss of money
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?
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?
Other people might get it. But I doubt some people will get it because of how random or how complex the address system is. Just because you made a 1 letter mistake that doesn't another person would actually get it. It's pretty much lost. You can't have it return to you.
You have to be very careful in doing so but if that really happens, then you can hope that that address is not existing yet because that's a checksum error. But if the address is wrong and it is existing, then your bitcoin will be deducted for sure.
Worst is, if you don't know who's bitcoin address you've mistakenly sending, then you can never contact that person.
Worst is, if you don't know who's bitcoin address you've mistakenly sending, then you can never contact that person.
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?
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?
From the wiki:
"Bitcoin addresses contain a built-in check code, so it's generally not possible to send Bitcoins to a mistyped address. However, if the address is well-formed but no one owns it (or the owner lost their wallet.dat), any coins sent to that address will be lost forever."
I have never experienced anything like that, because I always be careful and do bitcoin delivery, I always check the bitcoin address several times to make sure the address is correct, if it is wrong to send to the wrong address maybe your bitcoin will be lost, or if your lucky bitcoin will return to your wallet
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.
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?
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?
From the wiki:
"Bitcoin addresses contain a built-in check code, so it's generally not possible to send Bitcoins to a mistyped address. However, if the address is well-formed but no one owns it (or the owner lost their wallet.dat), any coins sent to that address will be lost forever."
What's more to do, it's lost forever until the receiving address holder decides to resend it to the address from which it got received. Lot of users might have lost because of being careless, also this is very rare to happen, because a single letter change will not end up in getting transacted to some other address. Mostly that'll get reported as wrong bitcoin address.
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?
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?
In Bitcoin trading between individuals, it is highly confidential, people will not be able to know the trader's information because there is only one address to trade. Therefore carefully check the address before transaction because once transferred, it is impossible to get the transferred BTC number. So in this case you have lost the number of BTC you have traded, it is experience so you will not be like that in subsequent transactions.
If the wrong destination wallet address can not be restored, one of the Bitcoin goals used is that no party anywhere in the world can take, disrupt, stop, cancel the Bitcoin user transaction. If the transaction can still be controlled by the other party then be the same as traditional money.
Try checking the gadget / computer that sends it, what virus / malware / script that automatically change the destination address bitcoin, so it does not happen again, but if it is wrong because the check is negligent before send ya finally this incident can only be a lesson.
Try checking the gadget / computer that sends it, what virus / malware / script that automatically change the destination address bitcoin, so it does not happen again, but if it is wrong because the check is negligent before send ya finally this incident can only be a lesson.
As the per action or warning of bitcoin wallet, they always gives reminder to their users to be careful enough in every transaction that they will enter using their services;
because once you send it in a wrong address you have no right to get it again and the one who receives the bitcoin cannot enforce to get it back again.
because once you send it in a wrong address you have no right to get it again and the one who receives the bitcoin cannot enforce to get it back again.
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?
Hard to follow, where did the address you sent to come from?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's not really possible to typo a wrong address, and neither will anyone else have/generate the same address. If the address was supplied to you by an exchange, you should be able to contact them and have it returned to your account.
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?
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?
There would be no way for you to undo transactions that are already confirmed. Sending your bitcoin to a wrong address is also the same as losing your bitcoin. That's why when sending bitcoin, make sure to double check the address before sending, so that you can avoid sending your bitcoin to a stranger.
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?
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?
Of course it will get lost and there's no chance for you to get your bitcoin back even if you complain to any one. Bitcoin transactions cannot be undone and I doubt if some one would be kind enough to return bitcoin that you would receive for free. That's why you should be careful when sending bitcoin.
Of course you lost your bitcoin after you send it to the wrong wallet, because once you make transaction then the transaction can't be canceled, and you can't refund your bitcoin again, that's the reason why if we do transaction we always reminded if our wallet address is correct.
The coins dont get lost, but they wont be accessible anymore. Its like loosing something in the deep sea. You know its still there, but wont be able to get hold of it anymore. Always double check addresses you are sending to.
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?
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?
Its either their lost specially if you don't know the address you've sent to or just withdraw it in that wallet and withdraw the coins.
That's right. It is very critical to trade in bitcoin because once you send in the wrong address it will not refunded. You will lose the amount the moment you do that. The reason why always ask if surely it is the correct address, and you have to check it properly before depositing or withdrawing it.
As what I see in bitcoin wallet, they always warns the users to be careful enough in every transaction that they will enter using their services; because once you send it in a wrong address you have no right to get it again and the one who receives the bitcoin cannot enforce to get it back again.
If the transaction is passed, your bitcoins are gone forever. I hope the lesson you learned worth the lost money.
Other people will receive that bitcoin instead to a person that you intentionally want to give it. In this scenario, you have right to claim it again because in the first place it is your negligence not in the side of bitcoin.
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