Earlier quoted context omitted.
If you did this with a bank you’d be up shit creek as well.
No you wouldn't. You could almost certainly recover the money. If you wire money to the wrong place, and that person won't return it, that's theft. Likewise, if someone suddenly receives an unexpected million dollars in the account, they should not consider spending it -- that would be a big mistake.
I lost all my savings in a mistaken Ethereum transaction
21–30 of 119 posts
Re: I lost all my savings in a mistaken Ethereum transaction
#22Bitcoin breaks $20k - HN keeps all posts off the front page, then promotes this one to the top. HN crypto hate never surprises me
Dow breaking 30k isn’t Hacker News either, you can read about that stuff on CNN if you want focus on random numbers.
Not sure about dow specifically, but stories about stock market performance occasionally show up on the front page eg.
Trading halted as U.S. stocks plummet (axios.com)
S&P 500 Plunges 7%, Triggering Market-Wide Stock Trading Halt (bloomberg.com)
Re: I lost all my savings in a mistaken Ethereum transaction
#23Poor guy accidentally sent his funds to the wrong address, losing his life's savings. More info here: https://www.reddit.com/r/ethereum/comments/kdwg1b/i_lost_all... And here: https://www.reddit.com/r/ethereum/comments/ke2hxz/aavegotchi... And here: https://twitter.com/mudgen/status/1338967176968069127
While I accept it's a tradeoff where other people might take another view, this is type of thing is why I personally don't want to put money into blockchains. I want mistakes to be fixable, by going to court if necessary, rather than money just being lost forever because I mistyped a character and "computer says no".
Re: I lost all my savings in a mistaken Ethereum transaction
#24The most downvoted comment in the Github issue seems totally right.. why did this guy put his life savings in a crypto? Even without making any mistake this seems like a dumb move.
While that's a very valid question, it's not helpful to the OP.
Re: I lost all my savings in a mistaken Ethereum transaction
#25Re: I lost all my savings in a mistaken Ethereum transaction
#26Poor guy accidentally sent his funds to the wrong address, losing his life's savings. More info here: https://www.reddit.com/r/ethereum/comments/kdwg1b/i_lost_all... And here: https://www.reddit.com/r/ethereum/comments/ke2hxz/aavegotchi... And here: https://twitter.com/mudgen/status/1338967176968069127
While I accept it's a tradeoff where other people might take another view, this is type of thing is why I personally don't want to put money into blockchains. I want mistakes to be fixable, by going to court if necessary, rather than money just being lost forever because I mistyped a character and "computer says no".
Re: I lost all my savings in a mistaken Ethereum transaction
#27This is a sad story and a good example of why the much-ballyhooed immutability of cryptocurrency transactions is an anti-feature for the vast majority of users.
Re: I lost all my savings in a mistaken Ethereum transaction
#28Earlier quoted context omitted.
If you did this with a bank you’d be up shit creek as well.
No you wouldn't. You could almost certainly recover the money. If you wire money to the wrong place, and that person won't return it, that's theft. Likewise, if someone suddenly receives an unexpected million dollars in the account, they should not consider spending it -- that would be a big mistake.
Re: I lost all my savings in a mistaken Ethereum transaction
#29Earlier quoted context omitted.
If you did this with a bank you’d be up shit creek as well.
No you wouldn't. You could almost certainly recover the money. If you wire money to the wrong place, and that person won't return it, that's theft. Likewise, if someone suddenly receives an unexpected million dollars in the account, they should not consider spending it -- that would be a big mistake.
maybe, but good luck prosecuting/recovering it if it's outside your country's jurisdiction.
Re: I lost all my savings in a mistaken Ethereum transaction
#30The most downvoted comment in the Github issue seems totally right.. why did this guy put his life savings in a crypto? Even without making any mistake this seems like a dumb move.