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Author Topic: If someone mistakenly sent you 1 ETH, what would you do?  (Read 1035 times)
iTradeChips
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August 22, 2020, 01:29:57 PM
 #181

i think it will also depend on the financial situation of a person. i do not speak for myself by the way.it is logical that if you are in a financial bad situation, its tempting to keep funds that you accidentally receive, because it is not a bank transfer but crypto, which gives much more anonymity. the sender should be more careful it think. but that is an ethical discussion.
well, probably most people will say that they are going to return ethereum which they feel is not theirs in their wallet. however, in reality, it depends on the circumstances. I am pretty sure that some people would prefer to use it because we never know what is in someone's heart.

Don't get me wrong, I have seen many acts of kindness from cab drivers in our town. The 15 minutes of fame on TV where the media reports their kindness, and the sweet promise of rewards from local authorities. So I guess many will do the same deed of kindness like the cab drivers. But human nature also gives us people who has like I argued before the finders keepers attitude. More like they do not want to return the money thinking that it is the stupidity of those who send. But what the heck, this is the crypto and I don't think people will be careless enough to send money accidentally to an incorrect address.

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August 22, 2020, 02:04:23 PM
 #182

I will definitely invest it into other altcoins more likely defi projects cause thier price can go up in a short period of time. I hope someone will truly give me 1 eth as gift.
Everyone will be very happy if someone gives 1 ETH prize, and it feels like a dream come true. But the OP discussed about the wrong ETH delivery, here is very clear, wrong delivery and Gift has a different case. If something goes wrong sending ETH to your wallet, will you consider the ETH that goes to your wallet as a gift?

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August 23, 2020, 11:43:34 PM
 #183

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.

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August 24, 2020, 07:31:06 AM
 #184

If someone has mistakenly sent me a 1 ETH, I would instead return it to the original owner because I bet the owner will have regrets and anger to himself. I also made a mistake back then, but I only accidentally sent an amount of 0.003 BTC, and the person that I accidentally sent didn't return my bitcoin. So don't do something to other people that don't want to do to you.

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August 24, 2020, 07:35:27 AM
 #185

I will advice to send the Eth back to the rightful owner because what goes around comes back around, there is nemesis for every moves we make in our lives, what good can 1 ETH bring to your life if I may ask? Better let go since you never work for it

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August 24, 2020, 01:03:30 PM
 #186

If someone has mistakenly sent me a 1 ETH, I would instead return it to the original owner because I bet the owner will have regrets and anger to himself. I also made a mistake back then, but I only accidentally sent an amount of 0.003 BTC, and the person that I accidentally sent didn't return my bitcoin. So don't do something to other people that don't want to do to you.
It's true, there's no one good enough to be able to pay you back for. In 2017 I mistakenly sent more than 5 ETH to a strange address, and in the end they never returned it to me. Instead they moved it to Cryptopia and sold them, that's my mistake and we need to take responsibility for it.
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August 24, 2020, 05:04:56 PM
 #187

This is so hilarious though, okay, this is a very rare thing to happen. I can never make such mistake as for me, and perhaps when such mistake happens, I will gladly return it back to the owner, that's the best thing, One day I will loose something more too.
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August 25, 2020, 08:16:38 PM
 #188

It's pretty common when someone sent you something by mistake and in this case cryptos. People make mistakes such as that but it never happened to me before. I mean, I might send them back to the sender's address. Or maybe the rightful owner will make some announcement saying they want their money back and they can provide proof that it's theirs and accidentally sent to the wrong address. Nonetheless to say, some might just keep them in their waller lmao. Well, your call.

Newcomers into crypto usually make mistakes because of their lack of education. With many wallets adopting a user-friendly interface, mistakes are often a rarity these days. The only way someone would mistakenly send you 1 ETH is if the address has been typed manually. Scanning QR codes or NFC tags avoids this problem. But for reasons unknown, some people prefer to type in addresses manually for sending coins across the Blockchain. If you receive free ETH by mistake, you can either keep it yourself or send it back to its original owner. The fact that crypto/Blockchain tech is decentralized, allows anyone to do as they wish with funds confirmed on-chain. That's not the case with centralized payment processors like PayPal or Skrill.

As long as you put the coins to good use, nothing else matters. I'd personally donate the 1 ETH to a charity of my choice by exchanging it to Fiat. If you're planning to send coins back to its original owner, then ask for a transaction hash along with a signed message from the address where the funds originated from to prove ownership. It'll be quite challenging for the owner to contact you directly since addresses have no identities linked to them. But if you publicly disclose your addresses along with your contact info, it'll be much easier for the owner to claim the funds back from you. Whatever you do with the coins receive by mistake, it's your call. Just my thoughts Grin

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