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Author Topic: Just lost $4000 because of addresses starting with "bc1p"  (Read 520 times)
headingnorth
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NO SHITCOIN INSIDE


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January 15, 2023, 08:02:12 PM
 #41

I always verify all characters of the address, especially when moving any substantial or larger amount of bitcoin.

It's a good habit to get into and really doesn't take long at all. Just takes a couple minutes at most, and after you do a few
it becomes fast and easy to verify all characters in the address.

I also do a test send to the address with small amount first (couple dollars), and if that goes through I will send the rest of the funds.

ETHEREUM IS THE MOTHER ASSHOLE FROM WHICH THE SHITCOINS SPRING.
Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Osama Maaz
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January 15, 2023, 08:46:47 PM
 #42

Good Information about BTC Addresses,

In this crypto field we are the banks of your own funds and sending money to wrong address is generally unrecoverable , So before sending i personally takes some time to check first 5 letters and least 5 letters of address before transferring my funds and it a good advice for every crypto users .

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January 16, 2023, 07:53:48 AM
 #43

Not that I doubt your story but it's so that the rest of us will know how to escape a similar situation in future.
Check and double check the address that someone send you. Also check and double the address that you want to use to send bitcoin to someone after you have pasted the address. The mistake the OP did would likely be because he send bitcoin to a wrong address.

If you want to send bitcoin to someone on an exchange, some exchanges may not yet support taproot address, use old address like bech32 instead.

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January 16, 2023, 08:51:03 AM
 #44

Not that I doubt your story but it's so that the rest of us will know how to escape a similar situation in future.
The mistake the OP did would likely be because he send bitcoin to a wrong address.
Sorry, my question was for the OP. I don't want to make assumptions on what happened just like you did there, that was why I directed it to them to answer. I don't want a "maybe" response. OP's response will be saving many a user here the headache of passing through a repeated situation of theirs. So, avail them that space to respond.

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January 16, 2023, 11:16:59 AM
 #45

...
Like who the hell actually thought that was a good idea? Cmon I'm not the only one who would do this.
...

That's why it is so important to spread the word about bitcoin, about that operations in its blockchain are irreversible, about what trustless system means, about how all is working in there. I'm sure I still understand just a part of all that, but even my small knowledge makes me recheck several times payment address each time I send any crypto and even then I worry until I see the transaction in blockchain in correct address. Yeap, I'm paranoid a bit. Grin

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