If someone mistakenly sent you 1 ETH, what would you do? - page 7.

Serco

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Activity: 1050

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Quote from: SyndicateLabs on August 15, 2020, 07:18:32 AM

A lot of people say they'll give it back to the original owner, but I wonder who would do it if it did. Most of the people here are bounty hunter and if there's a free amount like that, I believe they'll quickly sell it. Grin

so you mean bounty hunter have no honesty or empathy and generalize all them will sell it and get its money? i dont think so ,i believe there are many people that will sent it back although actually they need this money.

kopijos

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I will return to the original owner, because it's their right and not ours. so it would be better than us using other people's assets and it is useless and does not provide any benefit.

bttmember

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AMEPAY

Quote from: Abiky on August 14, 2020, 09:01:59 PM

Ethereum is becoming extremely popular nowadays with the rise of "De-Fi" apps and stablecoins. Most people are just into it in order to make a lot of money in the shortest time possible. Since they're newcomers into crypto, they can easily make mistakes when sending coins from one address to another. Now, imagine if you check your wallet and it has 1 ETH sent to you by a mysterious address. At current rates, that would be an average of $400 (USD) in your pocket.

What will you do if someone accidentally or mistakenly sent you 1 ETH? Will you donate it to a charity? Will you send it back to its original owner? If it were me, I'd return it back to its original owner as long as he/she is able to provide a signed message with the address' private key proving the coin's ownership. But since crypto is widely unregulated, anyone can do as they please.

Thoughts? Huh

If the owner approaches me and convinces me that he has sent this by mistake i will definitely return it back and i have done exactly that once when i received some eth by mistake of the sender.
But if it is just an anonymous transaction and no one approaches me i would think to keep it because i have also made many mistakes and loses in the crypto market so i will just take it as a feel good bonus.

goaldigger

sr. member

Activity: 2422

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If there’s no follow-up from the owner or no means of communication then I have no choice but to fully accept the free ETH that I’ve received and will do my best to multiply it.

A case like this is very rare so if I’m lucky enough to receive ETH, I will not spend it right away because I know its hard to earn money nowadays and the owner of the ETH might experiencing some problems, so I will wait for him to contact me.

ufaiz50

hero member

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I prefer to return it, because maybe he really needs it. we can return to the sending address and it's very easy to do, 1 eth belongs to him is not mine. Not that yesterday there was something like this and if I'm not mistaken it was worth around a hundred thousand dollars and the recipient returned it.

Valak

full member

Activity: 743

Merit: 110

Quote from: Abiky on August 14, 2020, 09:01:59 PM

What will you do if someone accidentally or mistakenly sent you 1 ETH? Will you donate it to a charity? Will you send it back to its original owner? If it were me, I'd return it back to its original owner as long as he/she is able to provide a signed message with the address' private key proving the coin's ownership. But since crypto is widely unregulated, anyone can do as they please.

Thoughts? Huh

Thankfully, you wanted to return the Ethereum to its owner. But I believe most will not. Grin

If someone wants to return the Ethereum they received from an unknown source, it is very easy for us to return it without having to know or prove their private key. Because they can ship to a base address. If Ethereum is accepted based on an exchange wallet, of course they don't have private key access. So it cannot be proven by a private key.

Wend

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Quote from: SyndicateLabs on August 15, 2020, 07:18:32 AM

A lot of people say they'll give it back to the original owner, but I wonder who would do it if it did. Most of the people here are bounty hunter and if there's a free amount like that, I believe they'll quickly sell it. Grin

Yes it will sell it because it is not your fault it send to your wallet to the someone mistake send it to her wallet.
Actually they did know who you are and cant PM in you so it was like accidentally have someone giving on us a free ETH.

Nesbee2

jr. member

Activity: 840

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Although this kind of error is not common because before sending Eth you copy a wallet address, so if by mistake it happens i think it should be someone you have exchanged wallet address before . So what i will do will be to go asking people i have been doing crypto business with and announce in all crypto whats App groups i belong hopefully the person might come out. i wont feel comfortable keeping or using it.

KimmyF

sr. member

Activity: 978

Merit: 250

Quote from: Abiky on August 14, 2020, 09:01:59 PM

Ethereum is becoming extremely popular nowadays with the rise of "De-Fi" apps and stablecoins. Most people are just into it in order to make a lot of money in the shortest time possible. Since they're newcomers into crypto, they can easily make mistakes when sending coins from one address to another. Now, imagine if you check your wallet and it has 1 ETH sent to you by a mysterious address. At current rates, that would be an average of $400 (USD) in your pocket.

What will you do if someone accidentally or mistakenly sent you 1 ETH? Will you donate it to a charity? Will you send it back to its original owner? If it were me, I'd return it back to its original owner as long as he/she is able to provide a signed message with the address' private key proving the coin's ownership. But since crypto is widely unregulated, anyone can do as they please.

Thoughts? Huh

Is it part of Altcoins discussion? Whatever, we all send it back. But how do you know that he sent 1 Ethereum by mistake? In cryptocurrency history, I can't see this kind of uncommon situation. Actually you didn't think that we wouldn't send coins or token until we confirmed the right address. Actually, I'm using code scan options before making a new transaction.

Dollar_Hunter

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Quote from: yulchatar on August 15, 2020, 02:57:09 PM

Possible this or not possible in reality, let's Just imagine it, as the author suggests. If I saw eth in my wallet, of course, I wouldn't rush to send it back right away. I will wait for a message from a random sender and proof, and then, of course, I will return it.

good action, we should return only 1 ETH, because indeed it is not our property, we must not make things difficult for people and have to be kind,
because this can prove that the crypto currency community is also good for everyone

justdimin

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If you receive money from an address you don’t know, it’s good to send it back, it is possible that it is a newbie that doesn’t know what they are doing and mistakenly sends money to your address, although I am still trying to understand how people make the mistake of sending money to wrong addresses, but we can all say that everyone is not the same, that you’re smart enough to avoid such mistake doesn’t mean others will be able to avoid it as well. And another thing to consider is that you never know if those people are in a very bad situation, that might be part of the little money they have.

yulchatar

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Possible this or not possible in reality, let's Just imagine it, as the author suggests. If I saw eth in my wallet, of course, I wouldn't rush to send it back right away. I will wait for a message from a random sender and proof, and then, of course, I will return it.

ScamViruS

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Why would anyone get your address? This is not possible unless someone has copied your address from somewhere. Chances are very low that something like this will happen here. But since you said think of newcomers, there is a possibility that something like this could happen. This is because newcomers have less experience and they get excited and make this kind of mistake.

However, if one day someone mistakenly sends Eth to my address, I will try and wait for return the fund to original owner.

Mulann2

member

Activity: 686

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will that even be possible? That person will be so crossed and the recipient will probably be happy, this is why i try to be extremely careful whenever am making transfer, check and double triple check if wallet is correct, because it will a miracle to have good hearted person sending back your accidentally sent eth, it sound nearly impossible.

Bezobraznike

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I would hold it for a long-term, as I hold my Ethereums. It would be just +1 on my amount in my wallet, waiting for the
far future and possible very high price.
It would be a great feeling to have +1 ETH without needing to work for it, or to gamble with what you have.

nicecrypto

member

Activity: 1260

Merit: 21

I will be shock to see 1 eth on my wallet accidentally especially when the wallet is practically empty, then i will be tempted, thinking if I should return it back to the owner, I know the person must be feeling bad and hopelessness, and guilt will not let me keep because I know it could be me and i would also hope someone will send it back to me of i was in this person shoe's, but unfortunately people are not that honest.

peter0425

sr. member

Activity: 2618

Merit: 439

Quote from: ?? on ??

It is always good to make sure you look at the Eth wallet you are sending to so that you don't make mistakes that will cause you pains, also if Eth is mistakenly sent to someone,the address of the sender is there, one can always use that to send it back but one should just be careful.

Very important in any case to double or triple check the address before sending your funds.

The chance of sending it back is too slim if I'll be the one that who's going to receive that asset, not unless the real owner
will do his part and tried to find me and contact me with the proof of transactions that he mistakenly made. That's the only
way that i'll be sending it back to him or her.

0verseer

full member

Activity: 480

Merit: 106

Quote from: Genemind on August 14, 2020, 09:55:30 PM

The chance of someone sending your wallet by mistake is really slim. Not unless someone had copy-pasted your address by mistake. With just one wrong character on the address, let's say you are writing your address manually which I hope no one is doing Grin

, your altcoin might end up being sent to a nonexistent or unowned wallet. You're very lucky if this happens and I doubt if anyone would gladly return it especially if it's a huge amount.

Yes. If I somehow sent ETH to someone's address by mistake, I think I'm done for and there is nothing I could do. No one would really nice to send back your ETH unless they're knowing you, OP. I also think there is a chance I got malware that switches my clipboard address and replaces it with their address too. We can talk all nicely in here but I know no one would give back ETH sent by mistake. Well, me too unless I know that person.

pawanjain

hero member

Activity: 2702

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Nothing lasts forever

I were to receive 1 ETH out of nowhere then I would probably keep it for sometime and wait for the owner to contact me.
If the owner contacts me and explains why and how he sent me the ETH then I would probably give it back to him after receiving a signed message.
If the owner doesn't contacts me then I would probably hold it as an investment for myself.

Bes19

full member

Activity: 1002

Merit: 112

Very little chance that this would ever happen. Hard to decide weather if you're giving it back or not but if this happens to me,i will invest it in some coin and once i gain high profit, i would share it with the needy.

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