Post
Topic
Board Bitcoin Discussion
Re: Why it is important to lose Bitcoin to an incorrect wallet address
by
NathanJB
on 12/10/2019, 03:23:09 UTC
I believe many of us has lost the precious Bitcoin at some point.
  A lot of this loses could be traced back to wrong wallet addresses on the part of the sender (more reason you should double check the address before sending).

At some point you mistakingly sent Bitcoin to an ERC-20 wallet or sent it to an incorrect wallet.
 
 Either ways, the coin becomes lost.

In times like this thoughts like this set in, "why is there no provision for recovering lost Bitcoin?

 My answer to this might sound inconsiderate, but...

It is a good thing you lost it, and it's a good thing it cannot be recovered.
 Maybe you will be more careful next time Wink

When you consider something as valuable, you ought to treat it with great value and care,  so before sending out your "valuable Bitcoin",  if it's really important to you,  ensure that you double check the address to avoid loss.

 If you have lost Bitcoin the first time due to the aforementioned wallet issue,  then you ain't supposed to lose another one,  as you must have learnt to be more careful now.

The title confused me at first. But when I read the thread, I thought you are too selfish. Let us all be a little more considerate next time. Those people who had inputted the wrong address could be in a hurry, or were in emergency situations, or there was a virus that infiltrated the computer and inputted a different address instead, or perhaps something very important is bothering them so that they lost focus. What I mean to say is that how can we be happy if some people made errors and cannot recover what they have lost? They may be in need of it and now they have nothing.