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Author Topic: If i send my bitcoins to a wrong address, what happens?  (Read 18003 times)
sohel436290
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December 26, 2017, 06:10:41 AM
 #241

I am not sure maybe it's impossible to back, a real story a few days ago my friend, unfortunately, do that & he can't back to the money own wallet if you want to do the transaction check again & again when you send the money. if you try to send the money a wallet you need to total concentration. And you also can be remained own mind messages ''amount not refundable'' best of luck.
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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rumexx
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December 26, 2017, 06:14:05 AM
 #242

Every activity in blockchain must be carefully done and require reconfirmation before you hit the button for sending. If you send any fund to a wrong address the fund is lost forever you may have given a gift to another person.
ViciousWarlock29
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December 26, 2017, 06:16:28 AM
 #243

Well you can just bye.bye to your coins. Because there are no ways you can undo the transaction. Unless you know the owner of that address and can ask him to return it back to you. Bitcoin is not like paypal where you can cancel your transaction.
rainezerr401
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December 26, 2017, 06:18:56 AM
 #244

Well you can just bye.bye to your coins. Because there are no ways you can undo the transaction. Unless you know the owner of that address and can ask him to return it back to you. Bitcoin is not like paypal where you can cancel your transaction.

Yes that's right , you are very reckless if you send your coins to the wrong address because most of the people are really checking their address well before they confirm and we are talking about the big money here so you should always check your details if it is correct.
ViciousWarlock29
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December 26, 2017, 06:26:02 AM
 #245

Well you can just bye.bye to your coins. Because there are no ways you can undo the transaction. Unless you know the owner of that address and can ask him to return it back to you. Bitcoin is not like paypal where you can cancel your transaction.

Yes that's right , you are very reckless if you send your coins to the wrong address because most of the people are really checking their address well before they confirm and we are talking about the big money here so you should always check your details if it is correct.

There is a big money involved in transacting bitcoins. So being careless and reckless I guess would be the last thing to do. Better to double or triple check everything before confirming any transactions.
chuongvannguyen02
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December 26, 2017, 07:01:41 AM
 #246

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 transaction does not find the destination within a certain time, then the cashback. That's what I know but I think you should think about risk you may not get cashback if the address you send has a user.

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