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Topic: What happens to funds sent to invalid payment address? (Read 4321 times)

newbie
Activity: 22
Merit: 0
Great, info. Love the many ways to address, address.

But my coins are still not yet redeemed. 
legendary
Activity: 1708
Merit: 1010
You can send to wrong bitcoin address but not to invalid address example: below or above allowed numbers of  characters. I think the first "1" character also matters it will became invalid if its not "1". Bitcoin send to wrong cannot be recovered if you don't have the private key.

The first askii character denotes the address version.  Currently, Bitcoin only recognizes two address versions, the one that you are familiar with that starts with a "1" and a testing version that starts with an "a" iirc.  The running network just ignores the "a" one unless your node is set to participate in the "testnet".  Future versions of addresses could use different keypair algos, or denote a sub-satoshi value, or have other uses such as denoting an address that can only be verfied with a script.
legendary
Activity: 1708
Merit: 1010
Good to know. So we should only use copy/paste. But can the scanned QR code have a letter off?

No, a QR code has internal checksums for alignment, and the addresses have internal checksums for input errors.  The odds of getting an internally correct, but still the wrong, address from a QR code scanning is astronomical.
newbie
Activity: 14
Merit: 0
Good to know. So we should only use copy/paste. But can the scanned QR code have a letter off?
sr. member
Activity: 266
Merit: 250
You can send to wrong bitcoin address but not to invalid address example: below or above allowed numbers of  characters. I think the first "1" character also matters it will became invalid if its not "1". Bitcoin send to wrong cannot be recovered if you don't have the private key.
hero member
Activity: 546
Merit: 500
You can't send bitcoins to invalid address. If you send coins to wrong address there is no way to get them back.
full member
Activity: 210
Merit: 100
It wont send to an invalid address, if u can manipulate the address to look like its valid. Then btc sent to it is lost
hero member
Activity: 770
Merit: 500
Lost forever in limbo
hero member
Activity: 603
Merit: 500
Yep, it get's sent back to the sender if the address is invalid but you still lose the transaction fees. But, if the address is registered and you simply typed it wrong then your coins are lost if the person doesn't return them.  Grin

Please don't listen to this person.

He is just making things up completely out of his imagination with no knowledge about how bitcoin actually works.

+1
Registered address? lol  Grin
sr. member
Activity: 692
Merit: 254
terra-credit.com
You're a complete loser if you're able to send to the not existing address - chances you will create an address from your head are slim to say the least.
legendary
Activity: 3472
Merit: 4801
Yep, it get's sent back to the sender if the address is invalid but you still lose the transaction fees. But, if the address is registered and you simply typed it wrong then your coins are lost if the person doesn't return them.  Grin

Please don't listen to this person.

He is just making things up completely out of his imagination with no knowledge about how bitcoin actually works.
sr. member
Activity: 364
Merit: 250
Yep, it get's sent back to the sender if the address is invalid but you still lose the transaction fees. But, if the address is registered and you simply typed it wrong then your coins are lost if the person doesn't return them.  Grin
member
Activity: 119
Merit: 10
Interesting thread, thanks!
newbie
Activity: 22
Merit: 0
If I show screenshot of the address in the CryptoRush website, what good would that do. Already confirm that they are liars and cheaters?
I would just like my BTC returned.
legendary
Activity: 2646
Merit: 1137
All paid signature campaigns should be banned.
Is there any way you can prove that CryptoRush gave you that specific address?
donator
Activity: 1218
Merit: 1079
Gerald Davis
Crypto Rush claims the address was never a Crypto Rush address. (which could be true on the fact they have gone through wallet upgrades and this could of been a false address I copied and pasted)

There is no such thing as a "false address".  If they provided you that address then it was a valid address.  Period.  If later through incompetence or malfesence they "lost" the private key for that address it doesn't change the fact that they provided you that valid address.  

The network did exactly what you (and indirectly CryptoRush) asked it to.  It sent coins to the valid address provided.   Your issue is with CryptoRush (not BTCe or the bitcoin network).

It would be no different than CryptoRush providing you a PO BOX and telling you to mail some cash.  You mail the cash to the PO Box they provided, and you have delivery confirmation that the cash was delivered. When you ask about it they say "oh sorry that isn't the valid CryptoRush PO Box" and then blaming the US mail for properly delivering the cash exactly where they told you to.
donator
Activity: 1218
Merit: 1079
Gerald Davis
If you send coins to invalid address you have lost them. Interesting, that it is even possible to send them to invalid address, why is that ?

You can't send coins to an invalid address.  You can send coins to a WRONG but valid address.  The network has no way of knowing you don't mean to send coins to valid address A when you create a tx sending coins to valid address A.
full member
Activity: 210
Merit: 100
Not possible to send
member
Activity: 75
Merit: 10
If you send coins to invalid address you have lost them. Interesting, that it is even possible to send them to invalid address, why is that ?
newbie
Activity: 22
Merit: 0
This was an interesting read, so I guess I'm the 1 in a million chance guy.
I sent some btc from BTCe to Crypto Rush...
Well the address must of been valid for the btc was sent.. but never received.
Here is a ss of the transfer in the block chain with the BTCe transaction withdrawal.
Also, you can see the the BTCe was has not been redeemed. Just sitting there.
I have conatacted both exchanges.
BTCe cant help, bitcoins have left.

Crypto Rush claims the address was never a Crypto Rush address. (which could be true on the fact they have gone through wallet upgrades and this could of been a false address I copied and pasted)

Note: always copy and paste, and I did for this transaction.
https://i.imgur.com/jo3JOJu.png?1
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