If you enter 127.0.0.1 as a proxy address, your application tries to reach a service on its own machine. It does not connect back to the computer that published the address. A port such as 8080 only selects a service at that local address.

This is why a tutorial using 127.0.0.1 can work for its author and fail on your computer. The example assumes a local proxy is already running. Copying the address does not install or start that service.

Other addresses that need network context

RangeMeaning
127.0.0.0/8Loopback to the local system.
10.0.0.0/8Private-use addresses.
172.16.0.0/12Private-use addresses; not every address beginning with 172 is private.
192.168.0.0/16Private-use addresses.
100.64.0.0/10Shared address space, distinct from the private-use ranges above.

Private addresses can identify legitimate internal proxies when you are connected to the appropriate network. They do not identify a unique public endpoint reachable from anywhere. Unrelated networks can reuse the same private range.

A syntactically valid IP is therefore not necessarily a suitable public proxy address. Public reachability is a separate question from whether the text parses as IPv4. Check the proxy protocol and expected response as well as the listening port.

What to do with a copied entry

Check whether the address is a local setup example, an internal service, or an actual public endpoint. If you intended to use a local proxy, confirm that the service is listening on the expected port. If you intended to use a public list, choose an appropriate entry from the free proxy list and its stated protocol rather than changing the port on a loopback address.

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