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Author Topic: If someone mistakenly sent you 1 ETH, what would you do?  (Read 1035 times)
Ginger Beef
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August 17, 2020, 02:52:01 AM
 #121

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.

The situation is simple.  There are only two choices, no need to overthink it.   Keep it or send it back. 
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August 17, 2020, 07:40:01 AM
 #122

If that ever happened to me. How I wish. I will definitely find sleeper coins/tokens, low cap coins, since there's no way but up because the coin that I am going to buy are on the floor already. For example, if I buy 1 sat coins/tokens, and it became 2 sats, it only means that I double my money. What if it because 10 sats? But of course, I will find good fundamentals coins/tokens not just shit coins.

A very brilliant idea, you can double the money you have for free. If you have benefited from that, would you like to send that 1 eth back to the existing address?

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August 17, 2020, 07:55:17 AM
 #123

I don't think a smart guy would send a Eth to unknown address without double checking.

Mostly he is gonna copy paste the address anyway.

In case he sends it I think most people wouldn't send it back to him.

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August 17, 2020, 08:02:26 AM
 #124

I don't think a smart guy would send a Eth to unknown address without double checking.

Mostly he is gonna copy paste the address anyway.

In case he sends it I think most people wouldn't send it back to him.

I agree most people wouldn't send it back. It similar to finding a lot of money on the streets. Who would honestly report it to the police? If you don't personally know the person that lost the money, humans tend to not bother about the misfortunate of a random stranger. Personally I would probably just keep it and wait what happens. It would be very hard to contact the sender with the huge anonymitiy in crpytos.  In the end I probably would exchange half of it into Bitcoins and keep the rest.
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August 17, 2020, 08:41:52 AM
 #125

I expect you to send the Eth back since it's never yours, before running away with others money always think about been in others shoe, what if you are the one that mistakenly sent out the Eth in the first place? Won't you wish for a refund?

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August 17, 2020, 10:41:41 AM
 #126

Since there is no legal binding on the crypto address so I think most people wouldn't give back 1 ETH mistakenly sent to them. Even irl, there are plenty of scoundrels using someone else lost credit card or not returns people's money so in crypto world would be the same. I'm different tho so I would give back that 1 ETH.
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August 17, 2020, 11:28:08 AM
 #127

I don't think a smart guy would send a Eth to unknown address without double checking.

Mostly he is gonna copy paste the address anyway.

In case he sends it I think most people wouldn't send it back to him.
In general, it is not possible to know exactly who the sender is and if 1 ETH is of high value during that time, it will be very unlikely to return. I've never been in this situation, but I understand if I send it wrong it all ends and there is almost no hope of getting the money back. It is best for each person to be careful in the transaction and to check multiple times before deciding to send.

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August 17, 2020, 11:38:56 AM
 #128

I expect you to send the Eth back since it's never yours, before running away with others money always think about been in others shoe, what if you are the one that mistakenly sent out the Eth in the first place? Won't you wish for a refund?
This is true! There is a sentence that I always remember "treat people like the way you want to be treated". Therefore, try to be in other situations and think about what should they expect! Let think what if the one who mistakenly sent you 1 ETH has to borrow money from the bank or something to invest in this market? What if 1 ETH is all they have left? I would send it back!

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August 17, 2020, 12:53:31 PM
 #129

I and my friends have never had such situation, and therefore it is difficult to say what my friends would do in such a situation, but as soon as I would receive any amount in my wallet, I would immediately transfer the entire amount back.
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August 17, 2020, 01:48:37 PM
 #130


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

I'll test him if he is knowledgeable in Cryptocurrency or just got in recently, a long time investor and trader will not commit this kind of error
if he is a newbie then I sent all to him if he is a long time investor I'll send half, he should never forget the basic of sending so it's a form of punishment  Grin
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August 17, 2020, 01:50:03 PM
 #131

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

That would be stressful since receiving an Ethereum would really be a great way to invest on some Alternate Coins. It would be a fortunate situation for the receiver but an unfortunate event for the sender SINCE the sender cannot expect the exact amount of the Ethereum being returned because its gonna require gas. What if it was passed into an idle account, that would be a sadder situation.

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August 17, 2020, 02:31:03 PM
 #132

It's hard to solve this problem, we can resend that address, or we can get it too. But it is better to return the owner of it, doing it will help us relax and that person will also be much happier.

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August 17, 2020, 02:35:30 PM
 #133

Hey you can always buy some other token or coin with it , make profit and return the original amount to the sender . That way both are winners Smiley
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August 17, 2020, 03:19:23 PM
 #134

I would not hesitate to return it back to the owner. Why? Would I believe that a random guy would send me 1 ETH for nothing? I don't think so. It's very rare for someone to return that kind of amount back to it's owner.

For me, it's not right to just simply receive it unexpectedly without telling me in advance (especially if I don't know the owner of that Ethereum wallet address). It's all about doing the right thing, even if that 1 ETH would help solve your financial problems.

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August 17, 2020, 03:21:27 PM
 #135

Hey you can always buy some other token or coin with it , make profit and return the original amount to the sender . That way both are winners Smiley
And what if you lose that money? And will you never return it to its owner? It's better to send it back because it's not your money, and I believe you'll never successfully invest with someone else's money.

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August 17, 2020, 04:02:22 PM
 #136

I don't think a smart guy would send a Eth to unknown address without double checking.

Mostly he is gonna copy paste the address anyway.

In case he sends it I think most people wouldn't send it back to him.
In general, it is not possible to know exactly who the sender is and if 1 ETH is of high value during that time, it will be very unlikely to return. I've never been in this situation, but I understand if I send it wrong it all ends and there is almost no hope of getting the money back. It is best for each person to be careful in the transaction and to check multiple times before deciding to send.

We are of the same thought. In my case, if it will ever happen, I am willing to send it back.
Though I would wait for the sender to at least reach out to me so I could send it back safely and to the rightful owner.
And I do believe that everyone is too careful to commit such mistake especially in this time.

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lumeire
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August 17, 2020, 04:09:19 PM
 #137

I would post here on the forum and ask for the owner to sign a message from that wallet address, if he sign the message then I will happily return the money, but if not then it is going to be my money which an unknown person sent me as a tip.
Personal advice, always verify that the ethereum were not involved in any kind of hack or you may risk your money to be confiscated by the exchange on which you are trying to sell. There are a lot of people who were denied to get their money back because they ran those Crypto through a mixer and some darknet coins were mixed with their own in the incoming transaction, so ve wise and pay proper due diligence before send your coins anywhere.

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Divinespark
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August 17, 2020, 04:11:55 PM
 #138

I made the same mistake before, I entered the wrong ETH address and sent them 100 $. But there weren't any refunds coming from them, and they moved my money to Binance. It seems that they sold it or used it for trading, if you mistakenly send it to another address, no one will return it to you.

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ShowOff
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August 17, 2020, 04:21:21 PM
 #139

I made the same mistake before, I entered the wrong ETH address and sent them 100 $. But there weren't any refunds coming from them, and they moved my money to Binance. It seems that they sold it or used it for trading, if you mistakenly send it to another address, no one will return it to you.
When you agree to send your crypto asset to another address and when you press send, the asset already belong to someone else without being able to cancel it again. Many people make the same mistake of not checking the address to which they are shipping to. You may not be able to do much if the recipient doesnt want to send the asset back. Surrender  Wink

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codpku
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August 17, 2020, 04:27:55 PM
 #140

I will do make mistake sometime and if somebody do that mistake if he or she try to reach me i will send back that ethereum back
If not i will wait and send it back to the wallet address i feel them who make that mistake must be panic and maybe a newbie and first time to send ethereum
Thats my opinion

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