When a bitcoin is sent a non-bitcoin address and is "lost",

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Don't ask questions

>>3049832
there is that address in btc blockchain but you don't have the key

If its an invalid address its ends up coming back to you. If its an address that's actually syntax appropriate it actually arrives and whoever ends up claiming that address(who knows if/when that'd happen) they'll have a nice little surprise waiting for them.

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>>3049850
>>3049883
Are you saying I should start endlessly making addresses until I hit jackpot?

satoshi thanks you for your donation

>>3049914
kek

>>3049914
Yes
Only a few billion years and you'll hit it big time

>>3049946
Nice, so far my best chance at becoming rich. Can you imagine how much bitcoin will be worth in a few billion years?

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>>3049832
The network will not let you send to a "non-bitcoin address" you fucking nig.

However, if you send to a real bitcoin address for which you don't have the private key, then the network acknowledges the address as still holding the coins, but no one will ever be able to move them.

That's the short answer, but the reality is, those coins are sent "over the rainbow" to "The Collective" who use it to fund drug trafficking, child sex slavery and murder for hire. Much of this is described in Satoshi's black paper, if you haven't read it you are a casual. Also, those bitcoins will continue to be chargeable to you, so the IRS will come to collect taxes on them every single year, they are not dischargeable in bankruptcy, moreover you will be criminally responsible for all illegal activities tied to those coins, so you will in all likelihood end up being murdered in prison.

>>3049946

>Only a few billion

The number is a little larger than a few billion, more like a few billion + 50 zeros strapped on the end of that figure

>>3049930
Every hodler in the world of Bitcoin thanks you.

>>3049914
Would legit take you until the end of the universe to find a single working address and even then it probably will have nothing on it

>>3049832
It goes to the exchange.

>>3049832
It goes in the bitbucket.

Thanks for reminding me of the time I sent 300 dollars worth of bitcoin to my usdtether wallet

down the drain forever

>>3050184
>The network will not let you send to a "non-bitcoin address" you fucking nig.

I don't think this is exactly true, because unfortunately, USDT addresses are same as BTC.

So you definitely can send to a valid USDT address as well as a valid but not "used" BTC address...

>>3050184
>miss a 1
>btc disappears
>IRS taxes you forever
>Can't afford to pay, no $
>Sent to prison for funding ISIS
>Tyrone begins raping you in shower
>Jamal begins stabbing you in jealousy
>You burn in hell forever for being a homosexual

They're left hanging in the blockchain. They can be recovered, but it takes time.
Here's a site that does it.
https://crypto-tools.org/

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>>3049849
what did he mean by this

>>3051351
That doesn't disprove his point at all. A BTC address not being currently used does not make it invalid.

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>>3051303

>>3051351
But then, if the network recognizes that USDT addy as a BTC addy, won't the private USDT key be able to generate the BTC transaction and spend on the BTC chain?

>>3051380
Kys

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>>3051393
Nice read. It misses one element, which is insecurity.
I see two types of racists - the ones that are successful will occasionally drop a rant when it's relevant to the conversation.
The ones that -identify- as racists are usually low-rank degenerates, so they cling to it trying to fill their need to feel superior in some way, any way.

>>3051380
>Clicking that shit
>not happening

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>>3051364

>>3051471
t. "superior" racist