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Author Topic: If someone mistakenly sent you 1 ETH, what would you do?  (Read 1032 times)
jambul_kribo
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August 15, 2020, 12:08:03 PM
 #41

Quote from: NoG-NoG link=topic=5268949.msg5499javascript:void(0);8608#msg54998608 date=1597471523
If ever that there is someone mistakenly sent 1 ETH to me, I would gladly hold it and wait for the right time to have another bull run and then I would sell it  in a higher price so it would more profitable and I will always look to that person as a blessing in disguise to me.
haha , why you dont sent back its ethereum to original owner. isn't it this is not yours and if we be honest man we must back sent it back. i know he will not know who is the receiver this ethereum. but imagine if this accident happen to you meanwhile you have many daily needs to fullfilled and we have no money at all.

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August 15, 2020, 12:17:25 PM
 #42

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

I think the mistakes that people make in sending ETH to our wallet are very difficult to happen, because they will definitely copy and paste the wallet they are going to send, but if it happens to me (someone wrongly sent ETH to my wallet) then I will return it, because I don't want to see that person lose his money just because he wrongly sent ETH to my wallet.

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August 15, 2020, 12:18:32 PM
 #43

A lot of people say they'll give it back to the original owner, but I wonder who would do it if it did. Most of the people here are bounty hunter and if there's a free amount like that, I believe they'll quickly sell it. Grin
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August 15, 2020, 12:19:03 PM
 #44

When I checked my wallet it turned out that 1 ETH had entered, my first step would be to wait for several days if there were people
who contacted me and admitted to sending wrong address. Of course, on the condition that he must be able to prove the wallet
address is indeed his. If no one confesses, I count it as mine. And about 10% of it I will give for charity.

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August 15, 2020, 12:24:14 PM
 #45

To be honest i probably would just keep it, except i know that this happened as a mistake and that guy would ask for help in a forum or something and i would see that i was the guy that he sended the ETH to.
Then i would send him the ETH back, because 1 ETH doesn't make me rich and i don't want to ruin someone elses experience. If that person can prove that he was the one who sent it though.
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August 15, 2020, 12:29:49 PM
 #46

Well if he/she mistaken sending 1ETH maybe I should use it for gas or for trading also.
Because we all know they cannot get it back 1ETH mistaken, So I must use if and earn more profit in crypto.
And actually it was not my fault for being make a mistake it is fault to those person has not careful of his ETH.

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August 15, 2020, 12:47:34 PM
 #47

I have read some comments above and I will say it's easier said than done as Ethereum has become the new hot cake of DEFI. I will do the same but wouldn't send exactly 1 ETH as you all aware that transaction fee is insane right now. I will use some as Gas fee and return the rest.
Crypto is tempting though especially when you receive high valued coin  Kiss Kiss
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August 15, 2020, 12:59:45 PM
 #48

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

its actually hard to decided depend on your needs, its almost impossible  to happen that someone will accidentally send any amount to unknown address . Once you receive it even how much it is you can considered it as donation if you are affraid for the owner maybe he need it more than you ,you can check the address that send it to you if its really a big lost to him that he  send his ETH. By checking it you will have idea how much left the wallet address have.

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August 15, 2020, 01:02:30 PM
 #49

It's free money, I would invest it to some low marketcap coin and hodl. 1 Eth is not that big but it can gain value, I might also hold just ethereum itself hoping it could rise same as its ATH before withdrawing it and buy a new gaming rig.

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August 15, 2020, 01:10:19 PM
 #50

A lot of people say they'll give it back to the original owner, but I wonder who would do it if it did. Most of the people here are bounty hunter and if there's a free amount like that, I believe they'll quickly sell it. Grin
I never sell the coins which I earn in bounty campaigns. I always leave them in my wallet, I leave them until the moment when they grow by a large number of percent

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August 15, 2020, 01:19:12 PM
 #51

Very little chance that this would ever happen. Hard to decide weather if you're giving it back or not but if this happens to me,i will invest it in some coin and once i gain high profit, i would share it with the needy.
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August 15, 2020, 04:12:43 PM
 #52

I were to receive 1 ETH out of nowhere then I would probably keep it for sometime and wait for the owner to contact me.
If the owner contacts me and explains why and how he sent me the ETH then I would probably give it back to him after receiving a signed message.
If the owner doesn't contacts me then I would probably hold it as an investment for myself.

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August 15, 2020, 05:11:00 PM
 #53

The chance of someone sending your wallet by mistake is really slim. Not unless someone had copy-pasted your address by mistake. With just one wrong character on the address, let's say you are writing your address manually which I hope no one is doing Grin,  your altcoin might end up being sent to a nonexistent or unowned wallet. You're very lucky  if this happens and I doubt if anyone would gladly return it especially if it's a huge amount.
Yes. If I somehow sent ETH to someone's address by mistake, I think I'm done for and there is nothing I could do. No one would really nice to send back your ETH unless they're knowing you, OP. I also think there is a chance I got malware that switches my clipboard address and replaces it with their address too. We can talk all nicely in here but I know no one would give back ETH sent by mistake. Well, me too unless I know that person.
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August 15, 2020, 06:20:36 PM
 #54

It is always good to make sure you look at the Eth wallet you are sending to so that you don't make mistakes that will cause you pains, also if Eth is mistakenly sent to someone,the address of the sender is there, one can always use that to send it back but one should just be careful.

Very important in any case to double or triple check the address before sending your funds.

The chance of sending it back is too slim if I'll be the one that who's going to receive that asset, not unless the real owner
will do his part and tried to find me and contact me with the proof of transactions that he mistakenly made. That's the only
way that i'll be sending it back to him or her.









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August 15, 2020, 06:29:05 PM
 #55

I will be shock to see 1 eth on my wallet accidentally especially when the wallet is practically empty, then i will be tempted, thinking if I should return it back to the owner, I know the person must be feeling bad and hopelessness, and guilt will not let me keep because I know it could be me and i would also hope someone will send it back to me of i was in this person shoe's,  but unfortunately people are not that honest.
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August 15, 2020, 06:47:36 PM
 #56

   I would hold it for a long-term, as I hold my Ethereums. It would be just +1 on my amount in my wallet, waiting for the
far future and possible very high price.
   It would be a great feeling to have +1 ETH without needing to work for it, or to gamble with what you have.



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August 15, 2020, 06:55:29 PM
 #57

will that even be possible? That person will be so crossed and the recipient will probably be happy, this is why i try to be extremely careful whenever am making transfer, check and double triple check if wallet is correct,  because it will a miracle to have good hearted person sending back your accidentally sent eth, it sound nearly impossible.
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August 15, 2020, 07:24:47 PM
 #58

Why would anyone get your address? This is not possible unless someone has copied your address from somewhere. Chances are very low that something like this will happen here. But since you said think of newcomers, there is a possibility that something like this could happen. This is because newcomers have less experience and they get excited and make this kind of mistake.

However, if one day someone mistakenly sends Eth to my address, I will try and wait for return the fund to original owner.

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yulchatar
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August 15, 2020, 07:57:09 PM
 #59

Possible this or not possible in reality, let's Just imagine it, as the author suggests. If I saw eth in my wallet, of course, I wouldn't rush to send it back right away. I will wait for a message from a random sender and proof, and then, of course, I will return it.
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August 15, 2020, 08:32:05 PM
 #60

If you receive money from an address you don’t know, it’s good to send it back, it is possible that it is a newbie that doesn’t know what they are doing and mistakenly sends money to your address, although I am still trying to understand how people make the mistake of sending money to wrong addresses, but we can all say that everyone is not the same, that you’re smart enough to avoid such mistake doesn’t mean others will be able to avoid it as well. And another thing to consider is that you never know if those people are in a very bad situation, that might be part of the little money they have.

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