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Author Topic: Have you ever accidentally send Bitcoin to the wrong person?  (Read 4876 times)
Bruce Wagner
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November 13, 2010, 04:16:17 PM
 #1

Have you ever accidentally send Bitcoin to the wrong person?  Or sent the wrong amount?

I did.  Like a fool.  Last night I was playing around with it and falling asleep at the same time.  

I tried to upload 17 bitcoins to Mt.Gox... but I went to my addressbook and saw one unlabeled address.  Thinking, oh that must be the new address just created, I'll use that one...  I sent it to that address.   Of course, instantly I remembered that it creates new addressed when RECEIVING money, not when sending it.  Duhhh.   I went back to Mt.Gox and it just has a box to enter the amount.  Only AFTER you submit that, then it tells you the address to send it to.  

Oh well.   One of my contacts received a surprise of 17 BTN last night.  Paying it forward.

What would I do if it had been 170,000 BTN....?       Smiley

I might not be so happy letting it go then....

PS - Is the proper abbreviation BTN or BTC or BCN?   I can never remember.
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November 13, 2010, 04:36:33 PM
 #2

BTC.

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November 13, 2010, 04:39:32 PM
 #3

BTC is commonly used. Well, your problem is misunderstanding of the concept of bitcoins. Strangely enough to create addresses to send money from. You already have money why should you create addresses to pay? Anyway, I believe it's just you who made such a mistake. Now I have bitcoin extension for chrome (oh, I'd send 50 BTC to the author, works like a charm) and just can't mess with addresses when sending some coins to anybody.
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November 13, 2010, 06:59:29 PM
 #4

Clearly you need to make sure that you can't easily access your entire bitcoin savings at once. :-)

I do always have a feeling of responsibility or control or something when I'm sending. It's different than most things online which you can just undo or cancel or whatever. Bitcoin seems more real I guess.

Someone actually said they sent me a payment when they hadn't and it turned out they sent it to someone else. It was a bit more than 17BTC and luckly he knew who it was and was able to get it back from the person.

Is this something to worry about? You get a virus or bad program and whenever you copy a bitcoin addy it replaces the data in your clipboard with it's own address. I look at a few digits on big sends just in case, lol. Also protects against the copy not having worked and the previous addy still being on clipboard.

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November 13, 2010, 07:13:19 PM
 #5

Sweet! 17 BTC. thanks Bruce. ;-)
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November 14, 2010, 10:34:50 PM
 #6

Maybe we can just add a quick ARE YOU SURE YOU WANT TO SEND MONEY HERE prompt before sending them.

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April 12, 2018, 07:11:24 PM
 #7

I would be mad if I sent 17 BTC to who knows where. I always double-check when I send

What will happen if you type the wallet address wrongly, and this address does not exist? In that case, the coins should be returned to the sender address, right? The coins have to go somewhere. If there is no sender address, where can it go?
I think in this situation the coins will be struck in the network it will not return to the sender address. I am not 100% sure but I think I am right. because this is how this digital currency will work. there is no refundable option if you send any wrong address.

Personally, I never send my coins to a wrong address, whenever i will do transaction i will double check sending address.

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April 12, 2018, 07:16:41 PM
 #8

Have you ever accidentally send Bitcoin to the wrong person?  Or sent the wrong amount?

I did.  Like a fool.  Last night I was playing around with it and falling asleep at the same time.  

I tried to upload 17 bitcoins to Mt.Gox... but I went to my addressbook and saw one unlabeled address.  Thinking, oh that must be the new address just created, I'll use that one...  I sent it to that address.   Of course, instantly I remembered that it creates new addressed when RECEIVING money, not when sending it.  Duhhh.   I went back to Mt.Gox and it just has a box to enter the amount.  Only AFTER you submit that, then it tells you the address to send it to.  

Oh well.   One of my contacts received a surprise of 17 BTN last night.  Paying it forward.

What would I do if it had been 170,000 BTN....?       Smiley

I might not be so happy letting it go then....

PS - Is the proper abbreviation BTN or BTC or BCN?   I can never remember.


This is just my experience, I've never experienced it, but I've seen on Blockchain transactions, that there is someone who does foolishness when it costs the delivery of Bitcoin, whether he's sleepy or drinking mostly alcohol, that he's wrong when setting costs, and he's setting shipping costs of 50 BTC, and he even sent Bitcoin a little bit like sending a shipping fee ..  Grin Grin Grin

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April 12, 2018, 07:20:29 PM
 #9

What are the characteristics of bitcoin?
There are several principal features in bitcoin. Read about them below.

Decentralization
The central control body of the bitcoin network does not exist: it is distributed to all participants, and every computer that produces bitcoins is an equal participant in this system. This means that no central body has the ability to dictate rules to the owners of the bitcoins, as, say, it was in early 2013 in Cyprus. And even if some part of the network goes offline, the payment system will continue to work stably.

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April 12, 2018, 07:20:58 PM
 #10

I would be glad if you add my bitcoin address in your contact list.. Then if it is possible I’ll be rich in seconds..

My advice would be trying to reach out to the one owning that address as much as possible if that’s not necessary as you have so much in position then that’s better..

This happened to me that carelessly sent 1btc to my friend address that goes wrong,, I’ve contacted the person and willingly send back the same amount.. As a token of appreciation I’ve sent erc20 token as a reward..

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April 18, 2018, 06:30:24 PM
 #11

I actually have had that experience of sending bitcoin to someone else, I felt bad because it was not retrievable,but I learnt my lessons to be careful..

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April 23, 2018, 12:02:17 PM
 #12

Have you ever accidentally send Bitcoin to the wrong person?  Or sent the wrong amount?

I did.  Like a fool.  Last night I was playing around with it and falling asleep at the same time.  

I tried to upload 17 bitcoins to Mt.Gox... but I went to my addressbook and saw one unlabeled address.  Thinking, oh that must be the new address just created, I'll use that one...  I sent it to that address.   Of course, instantly I remembered that it creates new addressed when RECEIVING money, not when sending it.  Duhhh.   I went back to Mt.Gox and it just has a box to enter the amount.  Only AFTER you submit that, then it tells you the address to send it to.  

Oh well.   One of my contacts received a surprise of 17 BTN last night.  Paying it forward.

What would I do if it had been 170,000 BTN....?       Smiley

I might not be so happy letting it go then....

PS - Is the proper abbreviation BTN or BTC or BCN?   I can never remember.
I have an experience of it but in my in my scenario I send bitcoin in my friends account because I copy his btc address because I think thats his referral code, but in the end he return to me my bitcoin and we laugh together.

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April 23, 2018, 12:23:25 PM
 #13

I am very aware of what I am doing, I am not saying that I am the perfect guy but its just that I always over think what I am doing the reason why I always take my time on transacting my Digital currencies especially Bitcoin. I don't have that much Bitcoin so I think if I will be sending it to the wrong person, I would probably have a breakdown.

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April 23, 2018, 07:37:38 PM
 #14

Personally, I never send my BTC to a wrong person, whenever i do transaction i triply check the address.

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