I made an account quickly and pressed imported wallet instead of standard wallet and I received 1 Bit. It never asked me to make a seed or password. And it says its watching only and I have no seed or key, but I have about 6 grand in this account. Is there a way where I can get the money to a standard wallet account or did I lose 6 grand because I pressed the wrong Wallet type. Please respond ASAP.
P.S. I made this account from my phone on electrum
He says he was the one who created the account and after that he received 1 BTC to that newly created account.
As much i know about electrum wallets, watch only account are not created but you can open the existing account as watch account to just check the wallet details. So it means that the wallet before itself existed and who ever have created should have the seed key, If you did not hold the seed key then i think the coins are lost.
If you got the seed key then you can open a new wallet with standard wallet feature and then it will ask the seed key and it will open as regular wallet.
My point exactly. From what I understand and what I wrote before, watch only is basically the mirror of the same wallet you should already have access to. So if he imported his wallet address to the watch only wallet type he must have imported an already existing wallet from what I understand. If the wallet already exists, and it is his - he is the one who should have the keys/seed to it.
Theres not really much of a point in continuing to discuss this until op says where the source of the coins came from. If it was from his wallet, an exchange or somewhere else.
And yes, a watching only wallet requires an address/public key in order to be useful and doesnt create one for you. Unless op just made and address, imported it and forgot to log the private key then...