Topic: If someone mistakenly sent you 1 ETH, what would you do? - page 3. (Read 1095 times)

This is the more reason why you need to be extremely sure you are sending back the ETH to the rightful owner. Best thing to do is not disclose the amount of ETH you received and then request for the transaction hash, this way you can easily catch an impostor.

But how to contact on you they dont know anything about your info and its only an address only that can use. Any information from you are always hidden so must better to use it for gas or trade than to wait for the owner. And we cant tell that he/she have mistake send it because it was directly to your wallet.

Ill wait few days for the right owner to contact me, and if no one on it, i am probably use it as gas transaction on me, and donate it to someone else who may need it. we know the gas transaction fee bow high sometimes, and i have some friends who need the fee badly since they don not have that much. i think it was wise 

I would also love to return the rewards which received mistakenly because I know the pain of losing money due to some silly mistakes. Here the most difficult thing is to identify the person who sent that transaction and even then to know if it's done by mistake from him/her or the account was hacked.

And it could also happen that while trying to be the nice guy and sending the ETH back, you made similar mistake and sent to the wrong address. Just when you had sent, you got a mail pleading wit you to send back the coin. What will you do?

What are the possible ways that the person can contact you?


Even if you realize about your mistakes just after transaction, even before the transaction got verified there will be no option to stop it and that will be more frustrating. 

well, in general, good people will definitely try to return it to its owner. after all, it's not the result of our work, so it's better to return it. same hope if I lose some tokens I want others to return them.

Rather than mistyping the address, the person could simply send coins to another address on the Blockchain. This issue usually applies to ETC as I've seen some cases where people send ETH to ETC addresses. I think that this is due to lack of education, not knowing to separate a forked project from the original one. With QR codes and NFC tags available today, sending coins by mistake will no longer be an issue. I doubt anyone would want to type a whole ETH address manually, unless a computer without a webcam is being used (for scanning QR codes).

Nonetheless, the chances of someone sending you ETH by mistake are very little. I hope that as developers improve user experience on ETH wallets, people will be able to make better use of it. The combination of checksums, QR codes, and NFC tags could make the process of sending ETH easier. In case someone sends you 1 ETH by mistake, you can either hold onto it (as the crypto space is still widely unregulated) or simply send it back to its original owner. But I'm sure most people will choose the first option since they have no obligation of returning the coins due to the fact that the Blockchain is decentralized. As long as you put the "free coins" you've received to good use, there should be nothing to worry about. Just my thoughts

You can not send ETH to a wrong address cause everyone is just copying and paste so it is very unlikely you got a wrong address. Wrong contact address maybe. If that was a case then I would send it right back since he have to know me.

I will do make mistake sometime and if somebody do that mistake if he or she try to reach me i will send back that ethereum back
If not i will wait and send it back to the wallet address i feel them who make that mistake must be panic and maybe a newbie and first time to send ethereum
Thats my opinion

When you agree to send your crypto asset to another address and when you press send, the asset already belong to someone else without being able to cancel it again. Many people make the same mistake of not checking the address to which they are shipping to. You may not be able to do much if the recipient doesnt want to send the asset back. Surrender 

I made the same mistake before, I entered the wrong ETH address and sent them 100 $. But there weren't any refunds coming from them, and they moved my money to Binance. It seems that they sold it or used it for trading, if you mistakenly send it to another address, no one will return it to you.

I would post here on the forum and ask for the owner to sign a message from that wallet address, if he sign the message then I will happily return the money, but if not then it is going to be my money which an unknown person sent me as a tip.
Personal advice, always verify that the ethereum were not involved in any kind of hack or you may risk your money to be confiscated by the exchange on which you are trying to sell. There are a lot of people who were denied to get their money back because they ran those Crypto through a mixer and some darknet coins were mixed with their own in the incoming transaction, so ve wise and pay proper due diligence before send your coins anywhere.

We are of the same thought. In my case, if it will ever happen, I am willing to send it back.
Though I would wait for the sender to at least reach out to me so I could send it back safely and to the rightful owner.
And I do believe that everyone is too careful to commit such mistake especially in this time.

And what if you lose that money? And will you never return it to its owner? It's better to send it back because it's not your money, and I believe you'll never successfully invest with someone else's money.

I would not hesitate to return it back to the owner. Why? Would I believe that a random guy would send me 1 ETH for nothing? I don't think so. It's very rare for someone to return that kind of amount back to it's owner.

For me, it's not right to just simply receive it unexpectedly without telling me in advance (especially if I don't know the owner of that Ethereum wallet address). It's all about doing the right thing, even if that 1 ETH would help solve your financial problems.

Hey you can always buy some other token or coin with it , make profit and return the original amount to the sender . That way both are winners

It's hard to solve this problem, we can resend that address, or we can get it too. But it is better to return the owner of it, doing it will help us relax and that person will also be much happier.

That would be stressful since receiving an Ethereum would really be a great way to invest on some Alternate Coins. It would be a fortunate situation for the receiver but an unfortunate event for the sender SINCE the sender cannot expect the exact amount of the Ethereum being returned because its gonna require gas. What if it was passed into an idle account, that would be a sadder situation.

I'll test him if he is knowledgeable in Cryptocurrency or just got in recently, a long time investor and trader will not commit this kind of error
if he is a newbie then I sent all to him if he is a long time investor I'll send half, he should never forget the basic of sending so it's a form of punishment