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Author Topic: If someone mistakenly sent you 1 ETH, what would you do?  (Read 1035 times)
coinfinger
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August 16, 2020, 06:14:24 PM
 #101

I think there is a situation here that you need to figure out before you do anything. You should return it back, that is the ethical and moral thing to do, however you don't know where it is sent from, if you send it back you may actually cause people to lose it as well.

For example, someone might have withdrawn it from an exchange and mistakenly sent to you, now you might say how could someone send a withdrawal to you but how did they sent it to you in other ways as well, they are all sounding weird, so if it is like that and you send it back exchange gets it and not the person. So, you need to make sure somehow that person who sent it to you also receives it back, I don't know how but if you could do that somehow you could make sure that they get it back to the right address instead of sending it back to same address.
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August 16, 2020, 07:00:55 PM
 #102


What will you do if someone accidentally or mistakenly sent you 1 ETH? Will you donate it to a charity?

Why would I donate someone's money to the charity? To make me feel less guilty after spending other money without their consent? No, for 1 ETH, I would send it right back at the sender's address. I'm a bit superstitious so I believe in karma.
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August 16, 2020, 07:22:37 PM
 #103

I don't think it will happen because this is not emailed that senders typed miss-spelling. Need to copy-paste, and send. If I receive I will try to find that member in the forum. But Definitely I will return the ETH to the sender address but I will not pay the GAS fee Cheesy

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August 16, 2020, 07:25:17 PM
 #104

Anything can happen in sending digital assets and I will just take it as a natural gift from God. I will hold it for long and see what I can do with it in assisting the less privileged.

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August 16, 2020, 07:27:43 PM
 #105

I don't think people do such mistakes anymore, sometimes they give high gas fee and loss money! But yet if suddenly I see I have 1 Ethereum received from an unknown address, I will search that address in google to find out the guy, if it for the tip, I will accept that gladly! But if the sender verifies his mistake then I will give back to him! And I believe every human being should do that, otherwise, it will be cheating!

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Ginger Beef
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August 16, 2020, 09:09:10 PM
 #106


[/quote]
Right, I rather worry if someone got a hold on my ETH address and sent me 1 ETH out of random. You would never know how easily you could fall into someone's trail of "dirty ETH" if you sent it back. Me? I wouldn't send back 1 ETH unless I'm sure not falling into anyone's pawn.
[/quote]

Even though this ^ makes no sense, you're suspicious / jaded/ cautious AF - as you should be.  Trust no one.

I'd be keeping it too.

Just like everyone else that got started in crypto, we were all newbies at some point.  Wide-eyed & bushy tailed.    In early 2018, I got scammed trusting someone that wanted to "help" me.  It was an expensive lesson that I'll never forget.  Thing is, I owned it.  No one to blame except myself.  These days, people that have their crypto stolen blame the project and/or demand the devs "do something" to get their crypto back - instead of taking responsibility for their own actions (or inactions).

It's so nice to read dozens of posts that paint such a lovely picture about how honest and caring the world of crypto is.  Makes me feel all warm & fuzzy inside.  The truth is at least 9/10 of the saints saying they'd send back that 1 ETH - wouldn't, and I'd expect nothing less / nothing more.  We make mistakes; and some of them are expensive.  Hopefully, we learn from them and move on.  That's just reality, folks.
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August 16, 2020, 09:12:02 PM
 #107

Ethereum is becoming extremely popular nowadays with the rise of "De-Fi" apps and stablecoins. Most people are just into it in order to make a lot of money in the shortest time possible. Since they're newcomers into crypto, they can easily make mistakes when sending coins from one address to another. Now, imagine if you check your wallet and it has 1 ETH sent to you by a mysterious address. At current rates, that would be an average of $400 (USD) in your pocket.

What will you do if someone accidentally or mistakenly sent you 1 ETH? Will you donate it to a charity? Will you send it back to its original owner? If it were me, I'd return it back to its original owner as long as he/she is able to provide a signed message with the address' private key proving the coin's ownership. But since crypto is widely unregulated, anyone can do as they please.
Thoughts? Huh
Well i don't want to argue, how can anyone Making mistake. For me, i wouldn't hurry, sending back 1eth. I would rather try to find out the reason and source of that transaction. After verifying those thing properly, I'll take decision whether i should send back or not

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Ginger Beef
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August 16, 2020, 09:49:29 PM
 #108

By the way, Kudos to the OP.  I love thought provoking threads, especially ones that delve into the realm of morality. 
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August 16, 2020, 10:43:01 PM
 #109

Well i don't want to argue, how can anyone Making mistake. For me, i wouldn't hurry, sending back 1eth. I would rather try to find out the reason and source of that transaction. After verifying those thing properly, I'll take decision whether i should send back or not
Yes, finding out first if it is really a mistake since there is no way to know who the sender is. The only thing we can do is to wait and verify first all the information needed then sending it back should be done. I know saying it is easier than done, but we all know to ourselves what is right.

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Akoldi_ibk
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August 16, 2020, 10:50:33 PM
 #110

Returning the 1 ETH is easier said than done. It takes a well disciplined and principled individual to return such fund. However, if one had ever been the one that made the mistake and really felt how it was to make such mistake with the hope of getting it back, I think good decision will become easy to make. But personally, I will return it. I had carelessly lost funds in the past. So, I know what the other person might be feeling.

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August 16, 2020, 10:55:36 PM
 #111

the first one I will return because it's not my right. secondly, I think it's not easy and it's impossible because it's a fatal mistake. now we know if people are going to send tokens or coins it must be through careful checking because so there are no mistakes
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August 16, 2020, 11:08:23 PM
 #112

Very difficult, but I think maybe I will use it all because the price of eth is quite high now I don't know I can use it for donations, but it's good to return it to the original owner of eth who knows he needs it to pay for something or it is cryptocurrency for investment.
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August 16, 2020, 11:09:15 PM
 #113

Well i don't want to argue, how can anyone Making mistake. For me, i wouldn't hurry, sending back 1eth. I would rather try to find out the reason and source of that transaction. After verifying those thing properly, I'll take decision whether i should send back or not
Yes, finding out first if it is really a mistake since there is no way to know who the sender is. The only thing we can do is to wait and verify first all the information needed then sending it back should be done. I know saying it is easier than done, but we all know to ourselves what is right.
It would be almost impossible to find out the reason and who the sender is as transaction are decentralized. Anyway, if you are not really waiting for a transaction on anything and you receive a certain amount of ETH on your wallet then that would probably mean someone made a transaction mistake or someone who knows your address probably sent you that ETH. Either way, it's up to you to decide whether to return it or not. Probably not and keep it secret as it is not your fault but people will think they'll return it as a goodwill kind of answer.

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August 16, 2020, 11:16:39 PM
 #114

Because I participate in many bounty campaigns and airdrops, if I find 1 ETH in my wallet, I will not consider it a wrong send.
I would think that 1 ETH was paid for from the bounty, unless there was a message from someone to me admitting that he sent
1 ETH wrong address. Of course I will return it, if indeed that person can prove to be the owner of 1 ETH.

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August 16, 2020, 11:30:47 PM
 #115

Ethereum is becoming extremely popular nowadays with the rise of "De-Fi" apps and stablecoins. Most people are just into it in order to make a lot of money in the shortest time possible. Since they're newcomers into crypto, they can easily make mistakes when sending coins from one address to another. Now, imagine if you check your wallet and it has 1 ETH sent to you by a mysterious address. At current rates, that would be an average of $400 (USD) in your pocket.

What will you do if someone accidentally or mistakenly sent you 1 ETH? Will you donate it to a charity? Will you send it back to its original owner? If it were me, I'd return it back to its original owner as long as he/she is able to provide a signed message with the address' private key proving the coin's ownership. But since crypto is widely unregulated, anyone can do as they please.

Thoughts? Huh
Believe it, you are just dreaming or want to test our legitmate. I know the real situation is always different than the dreaming situation. I don't want to lose my time in this dream. Almost 99.9% percent chance to have this Ethereum. One address can't be different from the others by only one number or letter.

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August 16, 2020, 11:35:31 PM
 #116

if i have to imagine this, i will give the ETH back. it's not mine anyway. because i know the feels when some people lost their money. but i think it's impossible for people sending their ETH into wrong address. i mean it's about your assets, it's your money. of course they will double or triple check it before you send it.

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August 16, 2020, 11:44:30 PM
 #117

if i have to imagine this, i will give the ETH back. it's not mine anyway. because i know the feels when some people lost their money. but i think it's impossible for people sending their ETH into wrong address. i mean it's about your assets, it's your money. of course they will double or triple check it before you send it.
I think the step you chose was a very wise move because it returns something that is not yours but unfortunately only a few people can be like you because most of them will take the money and make withdrawals because they think it belongs to them.

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August 16, 2020, 11:50:11 PM
 #118

return 1 eth will be better than we should have problems later on, because 1 eth is not ours and we have to return. but it is impossible for someone to send to someone else's address by mistake, for that must be serious carelessness
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August 16, 2020, 11:53:37 PM
 #119


If it were me, I'd return it back to its original owner as long as he/she is able to provide a signed message with the address' private key proving the coin's ownership.

Thoughts? Huh

Surely this is the most reasonable thing to do. We need to be nice to mankind. If a prove is provided or a honest contact is made if that is possible, then to return it is the right thing to follow

return 1 eth will be better than we should have problems later on, because 1 eth is not ours and we have to return. but it is impossible for someone to send to someone else's address by mistake, for that must be serious carelessness

Such mistakes are highly possible mate depending on the wallet involved.

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August 16, 2020, 11:57:46 PM
 #120

return 1 eth will be better than we should have problems later on, because 1 eth is not ours and we have to return. but it is impossible for someone to send to someone else's address by mistake, for that must be serious carelessness

And how would he know to contact you if he mistakenly sent to your address? Are you just sending again the 1 eth to the address where it came from? The situation seems simple but it's not.
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