Bitcoin Forum
May 07, 2024, 04:44:01 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: sent my btc wrong  (Read 369 times)
Pmalek
Legendary
*
Offline Offline

Activity: 2758
Merit: 7135



View Profile
December 30, 2019, 10:30:27 AM
 #21

This is what I like and don't like about bitcoin transactions.
if the transaction has been confirmed the block is declared to be a valid transaction.
but that makes it difficult for our funds to return we have to know the owner of the bitcoin address (here is the most difficult point)
You are not supposed to be able to return them or double spend them, that is the whole point.
Before you broadcast the transaction compare the two addresses and make sure they are identical. When you are done comparing do it a 2nd time. Only after you have checked 2 times do a 3rd check. 

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
1715057041
Hero Member
*
Offline Offline

Posts: 1715057041

View Profile Personal Message (Offline)

Ignore
1715057041
Reply with quote  #2

1715057041
Report to moderator
"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715057041
Hero Member
*
Offline Offline

Posts: 1715057041

View Profile Personal Message (Offline)

Ignore
1715057041
Reply with quote  #2

1715057041
Report to moderator
1715057041
Hero Member
*
Offline Offline

Posts: 1715057041

View Profile Personal Message (Offline)

Ignore
1715057041
Reply with quote  #2

1715057041
Report to moderator
DannyHamilton
Legendary
*
Offline Offline

Activity: 3388
Merit: 4623



View Profile
December 30, 2019, 01:47:47 PM
Merited by HCP (10), ABCbits (1)
 #22

This is what I like and don't like about bitcoin transactions.
if the transaction has been confirmed the block is declared to be a valid transaction.
but that makes it difficult for our funds to return we have to know the owner of the bitcoin address (here is the most difficult point)

Bitcoin requires you to be an adult and experience consequences for your actions.

There is no baby sitter to fix things when you screw up. If you send bitcoins to a valid address, that's where they are going. even if it wasn't the address that you intended. There is no corporation involved to fix your errors. There is no government involved to protect you from your own incompetence. It is a peer-to-peer transaction.
Stedsm
Legendary
*
Offline Offline

Activity: 3052
Merit: 1273



View Profile
December 31, 2019, 07:53:42 AM
 #23

This is what I like and don't like about bitcoin transactions.
if the transaction has been confirmed the block is declared to be a valid transaction.
but that makes it difficult for our funds to return we have to know the owner of the bitcoin address (here is the most difficult point)

What would you do if a clipboard virus is injected in your PC and you copy some address but the virus changes the address in the clipboard with the one it is intended to send to? Is it your fault or Bitcoin's? It's definitely yours because you aren't mature enough to check the address and then send everything in a hurry. I mean, what the hell? Why do you guys don't do a double check before sending BTC to any address?

Let me.shoe you an example which is one of some mistakes I encountered (but thank God I checked it and didn't withdrew my coins from the exchange):
I used Brave browser to use my VPN and login to the exchange.
Then, went to "withdraw" section and decided to take my coins out. Then copied the address of my wallet which was a legacy address and pasted it in the withdrawal address box.
Then, suddenly the fear of paying higher fee while spending my coins from a legacy address struck my mind (yeah, I know not much fee now but I'm talking about the time when fees were above 20k SATs for instant confirmations) and I decided to use a SegWit address instead starting with 3.
I copied it from the same wallet and then tried to paste it in the withdrawal address box, but when I tapped "paste", it pasted the legacy address once again instead of the SegWit one which means that the clipboard in Brave didn't update while, when I tried to paste it in other apps, it worked fine. Then I opened a new tab in Brave browser and pasted it in the address bar and SegWit address was pasted there, I copied it from the address bar and then pasted it in the withdrawal box and voila, it worked! But this shows that you need to be very much aware of the possibilities because it's not just limited to viruses and hacks, sometimes your least stupidity becomes your worst enemy to make you lose your everything.

Additionally, Mycelium allows you to stop your transaction from getting broadcasted (only if you're lucky enough while the transaction fails to broadcast). You can cancel the "already done" transaction (read my words two times, "already done" doesn't mean "already sent") if it was not broadcasted to the network and failed, but there's a small line worth of a chance with least odds of something happening like that.

██████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
██████████████████████
.SHUFFLE.COM..███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
█████████████████████
████████████████████
██████████████████████
████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
██████████████████████
██████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
.
...Next Generation Crypto Casino...
Pages: « 1 [2]  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!