Bitcoin Forum
May 05, 2024, 12:28:39 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 [7] 8 9 10 11 12 13 »  All
  Print  
Author Topic: If i send my bitcoins to a wrong address, what happens?  (Read 18003 times)
The_prodigy
Hero Member
*****
Offline Offline

Activity: 924
Merit: 500


View Profile
December 14, 2017, 02:48:45 AM
 #121

Hi!
As the title says, what happens if i get an address wrong? Do the coins get lost?
If that's what happens, why not change the code in Bitcoin, so that if the bitcoin network cant detect that address, returns the bitcoins to you?

I think that would be very bad for you but i guess a very excellent day for that soneone who would have coins appearing out of nowhere and then you would lose it. I guess that is something that all of is would not want no matter how rich we get in bitcoin
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714912119
Hero Member
*
Offline Offline

Posts: 1714912119

View Profile Personal Message (Offline)

Ignore
1714912119
Reply with quote  #2

1714912119
Report to moderator
1714912119
Hero Member
*
Offline Offline

Posts: 1714912119

View Profile Personal Message (Offline)

Ignore
1714912119
Reply with quote  #2

1714912119
Report to moderator
carelessboy
Member
**
Offline Offline

Activity: 336
Merit: 10


View Profile
December 14, 2017, 03:23:10 AM
 #122

Don't think about it.and I have no idea about it.

sneeze11
Full Member
***
Offline Offline

Activity: 347
Merit: 100



View Profile
December 14, 2017, 03:37:51 AM
 #123

Hi!
As the title says, what happens if i get an address wrong? Do the coins get lost?
If that's what happens, why not change the code in Bitcoin, so that if the bitcoin network cant detect that address, returns the bitcoins to you?



I think that is you bad day because I think that no one can back that, that is your fault so it will not be back but for the user that recieve it, he or she is very lucky because he got that without doing anything. Beware to put your address because there is no solution if you got it wrong.
kukurikapu
Member
**
Offline Offline

Activity: 134
Merit: 18


View Profile
December 14, 2017, 03:45:34 AM
Merited by roll on (2)
 #124

Hi!
As the title says, what happens if i get an address wrong? Do the coins get lost?
If that's what happens, why not change the code in Bitcoin, so that if the bitcoin network cant detect that address, returns the bitcoins to you?
Then the one who owns that address is lucky because he or she receive money even though he is not doing anything. There is no way you can get it again if you don't know the one who received your bitcoin.
TomUyamot
Sr. Member
****
Offline Offline

Activity: 504
Merit: 252


View Profile
December 14, 2017, 03:47:54 AM
 #125

Hi!
As the title says, what happens if i get an address wrong? Do the coins get lost?
If that's what happens, why not change the code in Bitcoin, so that if the bitcoin network cant detect that address, returns the bitcoins to you?

How I wish your suggestion will be taken into consideration. But I really doubt they would install such feature. Bitcoin has been in existence for a long time already, almost 10 years all in all. Never had I heard of such additional feature. So we just have to be very careful, double check every single address in every transaction so that not even a little amount of BTC will go to waste by simple errors. If the BTC you are sending are sent on a valid and used address then it will be made available to the owner of the address. But if it is sent on an invalid address that it will forever be gone.
Deborah Christine
Sr. Member
****
Offline Offline

Activity: 862
Merit: 284


View Profile
December 14, 2017, 03:55:06 AM
 #126

If you send bitcoin to a wrong address you will loss your bitcoin and the wrong address will receive your bitcoin. And it can not canceled. Except you know the address you send and maybe you can call the people who have its address and you can ask them to send back your bitcoin to you. But if you dont know who the people has its address you must sincere because your bitcoin is loss 😁😁
Jf Annie
Newbie
*
Offline Offline

Activity: 106
Merit: 0


View Profile
December 14, 2017, 04:17:53 AM
 #127

Hi!
As the title says, what happens if i get an address wrong? Do the coins get lost?
If that's what happens, why not change the code in Bitcoin, so that if the bitcoin network cant detect that address, returns the bitcoins to you?
I think after send your bitcoin in wrong address u have to forget your bitcoins beacuse it's gone. u never going have it back once its gone. so better this will not happen.
ashfer
Full Member
***
Offline Offline

Activity: 353
Merit: 100


https://luxantdigitalbank.com/


View Profile
December 14, 2017, 04:29:06 AM
 #128

If you send your bitcoins to a wrong address.You will end up loosing your bitcoins to a total stranger.It will be a lucky day for the one who receive your bitcoins even if it was send as a mistake it will be like them winning a jackpot without spending cash for the jackpot they have won and it is not possible for you to reverse your bitcoin transactions.I hope in future something might come up so that you can cancel the transaction atleast within ten minutes after the transaction.

twostepsally
Sr. Member
****
Offline Offline

Activity: 630
Merit: 253



View Profile
December 14, 2017, 05:37:25 AM
 #129

If you send your bitcoins to a wrong address.You will end up loosing your bitcoins to a total stranger.It will be a lucky day for the one who receive your bitcoins even if it was send as a mistake it will be like them winning a jackpot without spending cash for the jackpot they have won and it is not possible for you to reverse your bitcoin transactions.I hope in future something might come up so that you can cancel the transaction atleast within ten minutes after the transaction.

If send the bitcoin you will be send wrong person. You can't replised the bitcoin. It to risk to transaction process. But you get the currect address for use the transaction process. So you careful to use for the bitcoin address transaction. But bitcoin will be give the allect for to your mail so you will check the bitcoin address it will be right. So it good use for transaction process.
michellee
Hero Member
*****
Offline Offline

Activity: 2772
Merit: 842


🐺Spinarium.com🐺 - iGaming casino


View Profile
December 14, 2017, 07:20:05 AM
 #130

the coin will be at that wallet address and the owner doesn't know who is which sending the bitcoin to him. he only knows the wallet address and if he is a good person then he might send it back to you. you will lose your bitcoin without knowing who the person and it is better to double check the address before you want to send your bitcoin.

.
SPIN

       ▄▄▄██████████▄▄▄
     ▄███████████████████▄
   ▄██████████▀▀███████████▄
   ██████████    ███████████
 ▄██████████      ▀█████████▄
▄██████████        ▀█████████▄
█████████▀▀   ▄▄    ▀▀▀███████
█████████▄▄  ████▄▄███████████
███████▀  ▀▀███▀      ▀███████
▀█████▀          ▄█▄   ▀█████▀
 ▀███▀   ▄▄▄  ▄█████▄   ▀███▀
   ██████████████████▄▄▄███
   ▀██████████████████████▀
     ▀▀████████████████▀▀
        ▀▀▀█████████▀▀▀
.
RIUM
.
███
███
███
███
███
███
███
███
███
███
███
███
SAFE GAMES
WITH WITHDRAWALS
       ▄▀▀▀▀▀▀▄▄▄▄
 ▄▀▀▀▀▀▀▀▀▀▀▀▀▄  ▀▀▄
█    ▄         █   ▀▌
█   █ █        █    ▌
█      ▄█▄     █   ▐
█     ▄███▄    █   ▌
█    ███████   █  ▐
█    ▀▀ █ ▀▀   █  ▌
█     ▄███▄    █ ▐
█              █▐▌
█        █ █   █▌
 ▀▄▄▄▄▄▄▄▄█▄▄▄▀
       ▄▀▀▀▀▀▀▄▄▄▄
 ▄▀▀▀▀▀▀▀▀▀▀▀▀▄  ▀▀▄
█    ▄         █   ▀▌
█   █ █        █    ▌
█      ▄█▄     █   ▐
█     ▄███▄    █   ▌
█    ███████   █  ▐
█    ▀▀ █ ▀▀   █  ▌
█     ▄███▄    █ ▐
█              █▐▌
█        █ █   █▌
 ▀▄▄▄▄▄▄▄▄█▄▄▄▀
.
███
███
███
███
███
███
███
███
███
███
███
███
.
.SIGN UP.
ausbit
Legendary
*
Offline Offline

Activity: 1330
Merit: 1019



View Profile
December 15, 2017, 11:39:20 AM
 #131

You probably lose all your coins sent if you enter a wrong address, that's why it is so important to double check the address entered before you clicking the 'send' button even though you copy and paste it. (P.S. I am going to create few more addresses just in case some careless users enter the wrong address Grin)
Bitcoin is the need of today for those who are deprived of a regular job and have no other source to earn money except for working on the forum and making good amount of money so to make his present good and future secure. Bitcoin should be kept very safe and high attention should be paid while transferring them, because if once you entered a wrong address you get a un repairable loss and regret for life long
Naoko
Hero Member
*****
Offline Offline

Activity: 812
Merit: 1000



View Profile
December 15, 2017, 02:48:46 PM
 #132

yes, with all its advantages, this is a negative quality, which sometimes leads to stress, when you double-check the address several times
Cold-Heart
Member
**
Offline Offline

Activity: 92
Merit: 10


View Profile
December 15, 2017, 04:02:23 PM
 #133

Hi!
As the title says, what happens if i get an address wrong? Do the coins get lost?
If that's what happens, why not change the code in Bitcoin, so that if the bitcoin network cant detect that address, returns the bitcoins to you?
Actually, if you sent bitcoins to other wallet then you just screwed up big time. Especially if it is a big amount of money, although if you know whom you just send to then you can communicate and ask to return the value that was transferred into his or her account. But it is hard to trace and determine who and where the user of the wallet is, because it is unique in every way.
skyflakes88
Full Member
***
Offline Offline

Activity: 124
Merit: 100


▰▰ ARENA SPACE ▰▰


View Profile
December 15, 2017, 09:06:57 PM
 #134

well its irreversible your treat your bitcoins as lost because you cannot retrieve it again because that's the what the system is build for it has no support to acknowledge your concern so always be careful when sending coins to other address always double check it again and again so mistake is lessen before you transfer your money to other address yours or not..

Golegard
Full Member
***
Offline Offline

Activity: 146
Merit: 100



View Profile
December 16, 2017, 05:03:38 AM
 #135

Hi!
As the title says, what happens if i get an address wrong? Do the coins get lost?
If that's what happens, why not change the code in Bitcoin, so that if the bitcoin network cant detect that address, returns the bitcoins to you?
if the bitcoin network don't detect the address it will return back to you, that's possible. have you experienced it?, Actually my experience in crytopia And I was sending btc to my wallet it has a confirmation if you really want to sent it in that address, and they are checking if that address is existing.
going back to the first question, If you sent it, you just make someone rich, ,even if it's not that large amount.

goldade
Full Member
***
Offline Offline

Activity: 896
Merit: 104


The Standard Protocol - Solving Inflation


View Profile
December 16, 2017, 05:12:18 AM
 #136

Hi!
As the title says, what happens if i get an address wrong? Do the coins get lost?
If that's what happens, why not change the code in Bitcoin, so that if the bitcoin network cant detect that address, returns the bitcoins to you?

Sending bitcoin to a wrong address is as good as sending good fortune to a stranger. The anonymity of bitcoin is what makes refunding of such bitcoin impossible. There's no way such person can trace your address to send back the bitcoin.

devarajdp
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
December 16, 2017, 05:53:16 AM
 #137

Cryptocurrency users are in full control of their funds, which also means they bear the full responsibility for sending money to the correct address. Sending funds to a wrong address can have very dire consequences. Thankfully, it is virtually impossible to send Bitcoin to a wrong block chain. However, should the transfer be accepted because it is recognized as a valid address, things can get out of hand very quickly.
jesiccacone
Newbie
*
Offline Offline

Activity: 21
Merit: 0


View Profile
December 16, 2017, 11:09:56 AM
 #138

if the address you sent is wrong and the address is one that has an automatic coin you have sent and how happy that got the coin.
if the address does not exist then your coins will return or the transaction fails because the address is not valid.
so how is your transaction sent or failed?
cryptolerant
Full Member
***
Offline Offline

Activity: 210
Merit: 100


View Profile
December 16, 2017, 11:20:44 AM
 #139

Hi!
As the title says, what happens if i get an address wrong? Do the coins get lost?
If that's what happens, why not change the code in Bitcoin, so that if the bitcoin network cant detect that address, returns the bitcoins to you?

I think that would be very bad for you but i guess a very excellent day for that soneone who would have coins appearing out of nowhere and then you would lose it. I guess that is something that all of is would not want no matter how rich we get in bitcoin

I hope it never happens to anybody because if you send bitcoin to wrong address, it is gone. in case this person is very good heart person and doesn't send money back, you have to say your coins by by. So be careful about addresses.
care2yak
Sr. Member
****
Offline Offline

Activity: 779
Merit: 255


View Profile
December 16, 2017, 11:27:59 AM
 #140

if the receiving address is accepted by your wallet and returns a successful send notification then you'll most likely lose your bitcoins....
Pages: « 1 2 3 4 5 6 [7] 8 9 10 11 12 13 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!