Bitcoin Forum
December 11, 2016, 06:37:43 AM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: [ N00b Question of the Day] What happens if I send BTC to someone and ...  (Read 641 times)
bbit
Legendary
*
Offline Offline

Activity: 1288

Bitcoin


View Profile
June 15, 2011, 01:14:11 AM
 #1

their wallet is stolen , erased or removed does the transaction tell me so ?

Thanks! Grin
1481438263
Hero Member
*
Offline Offline

Posts: 1481438263

View Profile Personal Message (Offline)

Ignore
1481438263
Reply with quote  #2

1481438263
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481438263
Hero Member
*
Offline Offline

Posts: 1481438263

View Profile Personal Message (Offline)

Ignore
1481438263
Reply with quote  #2

1481438263
Report to moderator
1481438263
Hero Member
*
Offline Offline

Posts: 1481438263

View Profile Personal Message (Offline)

Ignore
1481438263
Reply with quote  #2

1481438263
Report to moderator
1481438263
Hero Member
*
Offline Offline

Posts: 1481438263

View Profile Personal Message (Offline)

Ignore
1481438263
Reply with quote  #2

1481438263
Report to moderator
Yankee (BitInstant)
Legendary
*
Offline Offline

Activity: 1078


Charlie 'Van Bitcoin' Shrem


View Profile WWW
June 15, 2011, 01:17:10 AM
 #2

Hey man!

I'm unsure at which point it was stolen, but all transactions are tracked in the block count. Do you know his BT address? You can use BlockExplorer.com i.e. http://blockexplorer.com/address/1GtkcbznYop1AeQ9mEqmEgm6BYeWgbYGUp

Bitcoin pioneer. An apostle of Satoshi Nakamoto. A crusader for a new, better, tech-driven society. A dreamer.

More about me: http://CharlieShrem.com
Maged
Legendary
*
Offline Offline

Activity: 1260


View Profile
June 15, 2011, 01:17:19 AM
 #3

their wallet is stolen , erased or removed does the transaction tell me so ?

Thanks! Grin
Nope. The transaction will go through like any other. If the wallet was lost, the coins will never be able to be claimed.

bbit
Legendary
*
Offline Offline

Activity: 1288

Bitcoin


View Profile
June 15, 2011, 01:18:14 AM
 #4

Hey man!

I'm unsure at which point it was stolen, but all transactions are tracked in the block count. Do you know his BT address? You can use BlockExplorer.com i.e. http://blockexplorer.com/address/1GtkcbznYop1AeQ9mEqmEgm6BYeWgbYGUp

this was hypothetical thank god! Smiley thanks for replying!
GlenBot
Jr. Member
*
Offline Offline

Activity: 42



View Profile
June 15, 2011, 01:18:41 AM
 #5

I'm pretty sure that once you send it, it remains Sent forever, from your perspective, thereby giving the rightful owner a chance to claim it.

bbit
Legendary
*
Offline Offline

Activity: 1288

Bitcoin


View Profile
June 15, 2011, 01:18:41 AM
 #6

their wallet is stolen , erased or removed does the transaction tell me so ?

Thanks! Grin
Nope. The transaction will go through like any other. If the wallet was lost, the coins will never be able to be claimed.

Wow, BTC lost forever hey ? the bitcoin grave Sad
bbit
Legendary
*
Offline Offline

Activity: 1288

Bitcoin


View Profile
June 15, 2011, 01:45:46 AM
 #7

one other question ....so there is noway ever to confirm someones wallet right ? like they are the rightful owners?
grue
Global Moderator
Legendary
*
Offline Offline

Activity: 1932



View Profile
June 15, 2011, 01:52:42 AM
 #8

one other question ....so there is noway ever to confirm someones wallet right ? like they are the rightful owners?
wallets just contain private-public key pairs. Theres no real way to "prove" that a particular key belongs to someone.

It is pitch black. You are likely to be eaten by a grue.

Tired of annoying signature ads? Ad block for signatures
bbit
Legendary
*
Offline Offline

Activity: 1288

Bitcoin


View Profile
June 15, 2011, 01:57:47 AM
 #9

Thanks Grue for that.

So when I look at this block http://blockexplorer.com/address/1GtkcbznYop1AeQ9mEqmEgm6BYeWgbYGUp    I see ledger and Balance of 215.26429068 - so I'm assuming if I send to this payment address 1 BTC it is now 216.26429068   when I check back ?
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!