Lost coins? - page 4. | Bitcointalksearch.org

Lund94

jr. member

Activity: 46

Merit: 4

Quote from: SaRmY on April 10, 2019, 03:45:19 AM

Oh people inadvertently lose $ 300,000))) And you say the coins are not sent there. Before we take any action, we need to make sure 10 times that everything has been done correctly. After all, this is infinite space and no one will return the money to you.

Exactly! - But its also one of the flaws in the crypto world! Lets say that the future payment method would be e.g btc worldwide for every human on the earth - its easy for me to see alot of lost bitcoins flying around in the network because the "techdummies" who needs to transfer lets just say 10$ wont check the address 10 times.

If its not easy to use, then you lose a lot of potential users.

SaRmY

full member

Activity: 645

Merit: 100

Oh people inadvertently lose $ 300,000))) And you say the coins are not sent there. Before we take any action, we need to make sure 10 times that everything has been done correctly. After all, this is infinite space and no one will return the money to you.

Lund94

jr. member

Activity: 46

Merit: 4

Quote from: hyunee on April 09, 2019, 05:01:26 PM

There isn't a way to fix this. Once you sent your funds to another address that is not belonged to you or not your intent to send to, then that's your fault and you technically lost the money. There's no way in fixing this kind of stuff.

This is what i meant by fix it Cheesy

Quote from: ukloon on April 09, 2019, 05:37:51 PM

It would be good if wallets implemented a verifier to see if the address is at least a valid one, if not the right one.

it really a big hurdle for the cryptoworld that techdummies feel unsafe using cryptocoins/wallets - because theres alot of them!
If you really want your coins to grow, you also gotta target the techdummies!

sircy

sr. member

Activity: 504

Merit: 250

This is a risk that we must bear and your digital assets will never come back again. This is the same as what I experienced that I sent a coin in the wrong wallet. This made me have a very important lesson for me. We must check before we make a transaction.

michellee

hero member

Activity: 2604

Merit: 816

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When you send to the wrong address, then it will not arrive at the right address. That is simple. Just imagine if you send a letter with the wrong address, will it arrive in the right address? I guess not Grin

So, a double check is a must for every people who want to send any coins and not just bitcoin only. I don't know if there is a way to reverse the transaction especially if the transaction is already getting 1 confirmation at the network.

Woolles890

member

Activity: 448

Merit: 10

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Indeed, playing in crypto is not easy if it has been sent incorrectly, the coin cannot return, it is automatic. So be careful for this, mistakes made must be a lesson so as not to repeat itself.

TIDOVEE

sr. member

Activity: 1246

Merit: 255

Most people lost their coin as a result of errors during copying and pasting their ETH wallet address, the digits may become distorted and therefore goes to the wrong recipient or do not deliver anywhere at all.some even lost the coin during exchange. I have lost coin during exchange just because I wanted it to attain certain amount over a given time. Retrieving lost coin is not always feasible or easy,so it is better one try all not to experience it.

Ararbermas

sr. member

Activity: 1988

Merit: 283

There's no way for it to recover mate because its already confirmed it to be sent to another wallet. even though you contact the support it's useless. Much better to check it carefully not just triple time which is make sure all is correct.

Actually copy pasting will be valid and trustworthy way .but im wondering why there are some ppl always sending to a wrong address, probably typing manually is the reason? Lol it's very risky.

Perie200

member

Activity: 406

Merit: 11

The most important thing is to carefully read the terms of the transfer of coins, they are different for all. I thus lost 1000 XLM Sad

when translated to the exchange, all because I did not entered the word verification. It was my first experience with the translation of this coin, it gave me knowledge, now I check the addresses three times and carefully read the terms of the translations.

Malsetid

hero member

Activity: 924

Merit: 502

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Quote from: Lund94 on April 09, 2019, 03:31:19 AM

Hi guys

First of all - i haven't been sending anything to a wrong address, I Always Double check the addresses if not tripple check Grin

But!
I've been thinking about all those post about people sending their coins to a wrong address - isn't there a way to fix this?

What happens if you type in a wrong address and send it? - You probably just lost your coins. Someone might be lucky enough to have this address, otherwise your coins would be stuck in wallet controlled by no one.
Im not sure how the delegation of addresses works, but could i end up with a wallet with x amount of a coin in it just by creating new wallets?

Wallet addresses is a hexadecimal number, which cointains more possible addresses, than humans existing on the earth - Of course not 100% correct beacuse a coins address whould be same lenght +-
which will restrict the possible amount. Why? Because of safety? Or maybe the posibilty to scale the network?

is there any coins with some kind of function that checks if the recieving wallet address has ever been active? If not - Why? would it ruin any kind of privacy/anonymity?

It may be possible to randomly receive coins in your wallet if you create one but the probability is low. How often to people send coins to mistakenly to the same btc address. It's almost impossible bro. And i don't think at the moment there's a fix for sending to the wrong addresses. Best is to just make sure that every detail is correct before hitting that send button.

coinsycrip09

full member

Activity: 910

Merit: 100

Quote from: hyunee on April 09, 2019, 05:01:26 PM

Quote from: Lund94 on April 09, 2019, 03:31:19 AM

isn't there a way to fix this?

There isn't a way to fix this. Once you sent your funds to another address that is not belonged to you or not your intent to send to, then that's your fault and you technically lost the money. There's no way in fixing this kind of stuff.

yeah, i think like that too.
that is why we have to check it carefully before sending the token or coin to the destination address.

before sending anything, i always check it repeatedly so that there are no errors. because if just a little wrong, everything will disappear and can not be repaired again or returned to its original place.

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: Lund94 on April 09, 2019, 03:31:19 AM

Hi guys

First of all - i haven't been sending anything to a wrong address, I Always Double check the addresses if not tripple check Grin

But!
I've been thinking about all those post about people sending their coins to a wrong address - isn't there a way to fix this?

What happens if you type in a wrong address and send it? - You probably just lost your coins. Someone might be lucky enough to have this address, otherwise your coins would be stuck in wallet controlled by no one.
Im not sure how the delegation of addresses works, but could i end up with a wallet with x amount of a coin in it just by creating new wallets?

Wallet addresses is a hexadecimal number, which cointains more possible addresses, than humans existing on the earth - Of course not 100% correct beacuse a coins address whould be same lenght +-
which will restrict the possible amount. Why? Because of safety? Or maybe the posibilty to scale the network?

is there any coins with some kind of function that checks if the recieving wallet address has ever been active? If not - Why? would it ruin any kind of privacy/anonymity?

You cant send to non existing address. So if you made a mistake like that is impossible. You can send on wrong address. So you simply need to be careful about that. If you want Bitcoin where you can change your mind, then that is not Bitcoin anymore.

Brainnin

jr. member

Activity: 170

Merit: 1

Nothing like checking receivers address, only if the address does not correlate with the type of coin you want to send e.g trying to send eth to a btc address, it won't go, apart from that, nothing can be done to stop it.

Ultimist

full member

Activity: 812

Merit: 102

In theory, there is a probability that you can guess someone's wallet address and send him some coin. But the question is whether it will be possible to send coins to a non-existent wallet. I don't think we can do that.

miropp

full member

Activity: 810

Merit: 101

When the page is automatically translated in the browser, the wallet address changes. Some capital letters become small. I had this problem and because of that another person was unable to send me tokens. So I think that if you send a coin to a wallet that does not exist, it will not work.

ukloon

sr. member

Activity: 798

Merit: 281

The odds of getting some free coins by accident is so high that you have a better chance of winning the lottery. It would be good if wallets implemented a verifier to see if the address is at least a valid one, if not the right one.

fallensky7

member

Activity: 350

Merit: 12

I think that there are no such coins that check the address of the wallet before sending! At least I have not heard of such. If sent to the wrong address, you can simply forget about the coins. The recipient will be the user who will receive the key from the address in the future.

hyunee

full member

Activity: 476

Merit: 100

Quote from: Lund94 on April 09, 2019, 03:31:19 AM

isn't there a way to fix this?

There isn't a way to fix this. Once you sent your funds to another address that is not belonged to you or not your intent to send to, then that's your fault and you technically lost the money. There's no way in fixing this kind of stuff.

cryptjh

full member

Activity: 532

Merit: 185

If your wallet has sent the coins then you can't get them back, that the whole idea with no double spending, that the bitcoin network are build on. If you copy an address and your missing a letter, the bitcoin network will most like not send your bitcoins, their need to be a valid address to send your coins too, if you enter a bitcoin Cash or litecoin address, your coin will most likely be lost also.

It's really important to check the address when you send bitcoins or any other cryptos, I always double check the first 5-6 letters and the last 5-6 letters, to make sure they match, sometimes I even check the whole address.

mrdeposit

hero member

Activity: 1358

Merit: 509

As far as I know, if public keys are the same, it may be possible. Also, if this address belongs to the exchange, it is not possible to access the private key, and and you can not do without private key.

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