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Topic: If someone mistakenly sent you 1 ETH, what would you do? - page 9. (Read 1118 times)

jr. member
Activity: 298
Merit: 5
It will depend to the situation but in my case, I rather hold it and let it sit in that wallet as in the first place it is not my mistake why it reach to my wallet. Though it will be good if we are
going to send it back to the sender address.

Well everyone has their own opinion and decision to make. 1 ETH is not that big amount, what I want to say is I want to make it as their worst experience so they will not create the same mistake again.
Because who knows if you will return the money, they will not learn from their mistakes and they can repeat it using a big amount.
full member
Activity: 1624
Merit: 163
If it's just a transaction to address, the sender would never know who the receiver are or how to contact them and the receiver also would not know that the transaction has been a mistake. They'll not know me and I'll not know them. The finders are keepers.

But what if the sender is a criminal trying to send ETH to random wallets to create confusion for his trackers? You'll most likely be questioned because of this from the authority and if you happen to spend it and got tracked, you'll probably be in trouble. Well unless you really hid your wallet and your identity from the authority, it's finders keepers.

So yeah, for me I'll most likely hold unto it until I found enough reason to give it back or keep it to myself (since the wallet I'm using right now has undergone KYC or something similar to that which unless if the sender sent it to my secret wallet).
legendary
Activity: 2548
Merit: 1245
Quote
If someone mistakenly sent you 1 ETH, what would you do?

With current gas fees ? What can one do, but to keep it in the wallet ? Specially if that 1 ETH comes from a DeFi smart contract, where additional fees can run up to $100

Quote
While the average Ethereum transaction fee is more than the daily income in many countries, the additional smart contract executions needed to engage with
DeFi protocols has seen users report fees of up to $100.

Link : https://cointelegraph.com/news/99-gas-fees-on-ethereum-are-crippling-defis-growth
member
Activity: 224
Merit: 28
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
I don't think this is possible as I've never made such mistake before, it's always a proper routine to check address very well before sending out your coins, I don't know how one can be this careless but if that happens if have to send it back since it's never mine and I never worked for it
hero member
Activity: 3010
Merit: 629
Thats not mine so I will send it back to the owner.

However if he has many eth coins to his wallet I might change my mind and keep it.

I will just think that its a blessing.
jr. member
Activity: 230
Merit: 1
Is this even possible, I don't think there will every be an avenue for such mistakes but in anyway that I received such, the best thing I wil do is send it back, why keep something that doesn't belong to me. But like I said earlier, am not such if such mistake can ever happen
sr. member
Activity: 546
Merit: 252
Proof-of-Stake Blockchain Network
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 someone sends me ETH mistakenly and contacts me with the proof that he is the owner of the address then I will probably just return the ETH in question. After that, it would be his/her decision if they wanna pay me a finder fee or not.
jr. member
Activity: 352
Merit: 1
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



Well I will send it back to the address cos I don't believe in progressing without working for it, OK in respect for the person providing with you with his private key so as to return the Eth, personally I don't think its a wise decision as giving you the private key means giving you entirely everything he has in his wallet
sr. member
Activity: 406
Merit: 250
The Fourth Generation of Blockchain in DeFi
Id say thanks to what force in the universe gave that to my wallet really. I dont want to get into sorts of trouble, because what if its just another form of scam that finds root in your honesty. Ill just leave the coin be in my wallet thank you.
legendary
Activity: 3094
Merit: 1069
DGbet.fun - Crypto Sportsbook
If it's just a transaction to address, the sender would never know who the receiver are or how to contact them and the receiver also would not know that the transaction has been a mistake. They'll not know me and I'll not know them. The finders are keepers.
But if they really have made a trade with me in past or is know from somewhere specially this forum and got my attention from a post or direct contact, I'd return it to the sender if 1ETH is really important to him/her/it.
sr. member
Activity: 1722
Merit: 261
Vave.com - Crypto Casino
I will return it if he asks for his money back, of course if something goes wrong like that usually comes from a beginner, so I will understand the mistake he made, I will return it to his wallet address
sr. member
Activity: 2254
Merit: 258
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

In the first place, how did you know that it was accidentally sent unless the sender reach out to you to let you know that he sent you Ethereum by mistakes, we must first establish who owns it and why it was sent to our address and if he has a valid reason then I will send it back it's very seldom to happen that you got free Ethereum there's always a reason behind it not just by mistake.
full member
Activity: 616
Merit: 100
If ever that there is someone mistakenly sent 1 ETH to me, I would gladly hold it and wait for the right time to have another bull run and then I would sell it  in a higher price so it would more profitable and I will always look to that person as a blessing in disguise to me.
member
Activity: 2044
Merit: 16
Finders keepers as they say, so i am keeping it there is nothing wrong with that maybe it's just a blessing in disguise, you never know it might happened in real life though chances are slim but it will take it.  Grin
In my part sending that amount i will be double checking it just to make sure i got the real address so that no regret will happen in the end and that scenario even new to crypto will also do the same for sure.
sr. member
Activity: 1960
Merit: 329
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
Doing what you said you will do by asking the sender to sign a message will mean you need to be able to exchange mails with sender. Otherwise how do you make such a request get across to the sender. Do you include that in the address? So I think you are suggesting an impossible thing and that means you do not want to send it back. I will not send it back if someone mistakenly sends me ETH or any other token.
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
Since I do know where the eth came from, I will find ways first to know why I received that. Cause maybe Ive joined some raffle or contest and got win. Someone will ptobably find me asking to return it but how do I believe its really him. I would return if its really done by mistake but I would asked for many details and proof that he is really the owner like signed message of the address.

The probability of finding you by the sender is too small because your ETH address has no detail attached that will point out to you. Beside that, it's only 1 ETH which I believe the owner will not gonna put too much effort on tracking the receiving address.

And also why do you need sign message for proof of ownership while you can just send it back to the owner if you really have the intention of giving it back. And also there is no airdrop that will give you 1 ETH even Elon Musk or Bill Gates.  Grin
hero member
Activity: 1246
Merit: 501
I will be honest if that has 1 ethereum ask me back with clear evidence because I believe good deeds will be reward in the future
jr. member
Activity: 236
Merit: 1
I will send some back but not the whole amount. Fee for mistake
full member
Activity: 1232
Merit: 186
But since crypto is widely unregulated, anyone can do as they please.
Oh yes! This can significantly adds up to the persuading power of the tiny devil whispering on youtr left ear Grin. Well, I won't be surprised if many refuse to give it back because it's really tempting not only knowing that 1 eth is a huge money but also the fact you might not be traced personally.

However, being a good human in nature, you should practice what is right and just even without the eyes of others looking at you. So if I'm on that situation, I will send it back especially that we are all in these trying times. I ought to do it becaus se don't know how much 1 eth means to him.  Besides, I'm not desperate to have money in the first place lol.
hero member
Activity: 1624
Merit: 500
as long as he can still prove it's his, I'll give it back. To be honest, I would probably hold back and wait for the person to confirm that he is the owner of the Ethereum. if possible, I want to return it. however, donating it to a charity is the last resort if no one feels lost to ethereum in a few weeks or months. Well, I do this if it is really the wrong ethereum submission.
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