The Bitcoin DarwinAward competition:the technical mistakes made by Bitcoin users

[JaanusRaim]

Here I would like to discuss the technical mistakes made by Bitcoin and other cryptocurrencies users that resulted actual or potential loss of capital.

I’ll start with my own experience. When I sent my Bitcoins from the FairMillions lottery faucet to a wallet similar to Atomic Wallet (I’ve unfortunately forgotten its name), I first sent only a minimum amount, and it arrived just fine... then I sent my entire accumulated balance from the faucet, but it never arrived—because the receiving address had changed in the meantime. I didn’t know that wallets can sometimes change their deposit addresses.

[Charles-Tim]

I’ll start with my own experience. When I sent my Bitcoins from the FairMillions lottery faucet to a wallet similar to Atomic Wallet (I’ve unfortunately forgotten its name), I first sent only a minimum amount, and it arrived just fine... then I sent my entire accumulated balance from the faucet, but it never arrived—because the receiving address had changed in the meantime. I didn’t know that wallets can sometimes change their deposit addresses.

Bitcoin address supposed to be changing on a good bitcoin wallet that is reputed as you are receiving bitcoin on the recent address that the wallet generated for you, but you can not lose your coins for that reason if another address has been generated as you received coins on the address. The wallet will have many addresses and all the addresses are yours. When the m wallet give you another address, you can still send coins to the old addresses.

[freedomgo]

because the receiving address had changed in the meantime. I didn’t know that wallets can sometimes change their deposit addresses.

What I experienced only are exchanges that change Bitcoin addresses every time a transaction is completed on a certain wallet. It's quite similar to your case, you should have double checked if it's still the same wallet you are sending to, but in this case since it's already done, all you have to do is contact support and explain your problem, pretty sure they are still in control of that wallet so they can recover that. Can you name the wallet provider?

[348Judah]

Until we are exposed to know the security measures and safety that is needed or required of us to do, we may continue to act as if we know exactly the consequences to the things we are doing in cryptocurrency, this is why, if you think you know more, then try to also consult for more and be assured that you are being upgraded with your insight in the Bitcoin network. We can't be our own island; we all depend on each other for sharing knowledge about Bitcoin and keep learning each day.

[Sanitough]

I’ll start with my own experience. When I sent my Bitcoins from the FairMillions lottery faucet to a wallet similar to Atomic Wallet (I’ve unfortunately forgotten its name),

It's quite surprising that you have forgotten the wallet name where you sent your funds to. Because for me when it comes to Bitcoin transactions I would never forget where I sent my funds to, and since you have faced a problem where they did not credit your funds, you should know the wallet provider so you can contact them about what happened, unless the amount you sent was too small that you did not care if it was lost, but the fact that you created a thread means it's important to you.