Bitcoin Forum

A few days ago I lost 4 BTC in a single stupid bet on Just-Dice. 96% chance of winning - or 4% risk of losing, which was exactly what happened. That was my entire bitcoin balance, gone in the blink of an eye. No words can describe how horrible that felt and still feels today.

https://i.imgur.com/T0Rurr5.png

My wallet balance now sits at 0.00128 and I have no one but myself to blame.
https://blockchain.info/address/18T9DP2kz2yGGAfmbRCtifmHYTha6enNxR

So this marks the end of my bitcoin adventures. I still believe that bitcoin has a bright future, but there's simply no way for me to stay involved. I want to forget everything and move on.

Moral of the story: never gamble what you cannot afford to lose.
Farewell bitcoin community.

very very unlucky, 4% chance to loose and you get it  :-\
too bad, that's why i don't like dice gambling  ;D

bye2, don't forget to send me your account ID so i can continue your signature campaign :P

auch, that sucks  :'(
Have played couple times with very small amounts and in the end i always lose.

Really sad, but why are you leaving bitcoin communities, you will recover from that loss.

I don't expect to win when I gamble, what I want to is to enjoy that is why I only bet small amounts that I can take when I lose.

Good luck, your only reason for using bitcoin is to gamble?

I don't think saying Goodbye to bitcoin is a wise decision . that won't recover your losses..!
Saying Goodbye to Gambling sounds a wise decision to me. Stay away from gambling take a break from your normal routine life going someplace  quite will help and coming back stronger and learning from your mistakes and not repeating same mistakes over and over again helps.
So Avoid Gambling.
Stay Around.

People think that these 96% and 99% bets are completely risk free. But unfortunately, that is not the case. There is a lot of difference between 96% and 100%. You will gain very little, if you win the bet, and you'll lose a lot otherwise.

Crazy bet Bro 4btc just to make 0.16? I rather take the risk on blackjack or stick it on black in roulette. The problem of gambling online you don't see the real cash only numbers  :)

hmm
but will you leave $ or any currency if you lost in bet ?

that's why people don't bet on x1,05 bets at the bookie!!

Sorry about your loss in gambling, but your greatest loss would be to get out of the bitcoin altogether. Bitcoin has a bright future and you may be surprised how much a mere 0.01btc today may be worth in a few years' time.

Let this be a lesson, not the end. You said it yourself -- bright future ahead. Don't make this a reason to miss the boat....

Sounds like a huge fucking scam.... those 4 BTCs would have been worth $160K if the Winklevoss prediction comes true


I have lost over 9-10 BTC by risky Alt coin investments so I don't feel sorry for you, sorry

I like bitcoin , how much guys you earn every week  or year ? And if someone knew how to be the best or better here please send me a message :D Thanky you all !

damn . That hurts

god dam son.. 4 btc..  :o

shit happens, i know somebody to loose 2.7.... but 4? thats crazy . sorry for you man

This is why you shouldn't gamble...

Gambling is bad habit which is not easy to get rid of. Once you win, you want to win more and bet more, then lose more. Once you lose, you want to recover back and bet more, then lose more. You end up losing everything you have. No matter what you are gambling with BTC, LTC, fiat etc, you should learn this lesson. It is none business of leaving btc community. If you have strong faith with btc, you should leave btc.

Feel sorry for you but this bet wasn't smart at all, if I'm right you did a 4 BTC bet to win 0.16 BTC with 96% chance to win? In my opinion It wasn't worth the risk compared to what you win, you should of taken 0.16 BTC from your 4 BTC and played It on live roulette , blackjack or sports betting or online poker.

Lesson 2: always change your client server before big bets, or fall in the selective seeding trap.


4 bitcoin is a lot, but nothing you can't recover in less than a year in the forum, even if make no conversion fiat-bitcoin in that time

Maybe, but I'm sure he doesn't have the time to earn such an amount over the course of a year. It's not that easy really and you'd need to put in a lot of work. I wouldn't quit, but I'd earn a little bit of bitcoin or as much as possible then just save it as an investment and don't touch it. It's very rare that gamblers win in the long run.

Shit you should have invested in an Altcoin instead    ???

whats the winkle prediction?
Op doesnt seem very bright anyway, would have lost them before Bitcoin reach 1k again  ::)

4 Bitcoin is a lot of Bitcoin. But, you could easily recover that within a few months time. You've learned a valuable lesson and that is; Never gamble.

If you want to win at gambling, you need to buy a casino.  ::)

 

legit.

I have lost thousands before in forex trading. I thought of quiting when i lost but after I got few hundreds I still end up trading with another broker lol.. lesson learned is that when i get to win, have to take profit and go short/long with obvious pattern. Sadly theres nothing like this on dice game.

He should have gambled with time and waited for 2-5 years and wait the bitcoin price to rise. He could have high chance of  winning.
Casinos are made to profit, the profit comes from you. The already have tested formulas no matter what you do the house will still profit on the end.

Why you say farewell to bitcoin?

Shouldn't you say farewell to gambling?

4 BTC is a lot, but you can still recover your bitcoins if you work for it now. That would be a lot better than blaming oneself without even trying to improve the situation.

ya.ya.yo!

Lol. People usually when they gamble gamble on luck. You gambled on unluck. You were wining lots and lots of bets, but at some point you lost. It was 100% chance you will lose it. It would be same as if you would donate your initial BTC to that casino before you started losing time there.

just recover and have limits to your win.

then again, no one can do that for you but you. self control is key.

I did a similar thing on "Dragon's Tale" (the casino) 1-2 years back. Thought it was a sure shot, but no. Didn't lose 4 btc, and the bitcoin price when I did it was waaaaay lower, however that feeling I got was horrible, so I feel you.

But don't leave bitcoin. Leave gambling! :)

OP as already returned to the site and Bitcoin....a lot of people do try and give up because it takes over their life or they lose a lot of money but always come back.

ohh well gambling is still a gamble whether you lose or not you still get a high risk to lose everything that is why i never gambled my money to be honest i only want the giveaways and when i win 2x then i will cashout it and forget about the site

damn gambling with bitcoin is basically parlaying your bet.. it's not a good idea to bet twice like that.

feeling lucky is just like a weather dude and now you learn the hard way next time stay away from casino

The real question here is, If the OP was foolish enough to risk that much BTC on a dice game, how the hell did he ever get 4 BTC to begin with??

There are 2 sides to a sword.

Good luck OP, im thinking you are gunna need it right about now...

Apparently he is not good at judging the risk reward benefit.

When you adjust the odd of winning at 90%+, the reward is so low that it is not worth risking 4 btc for it.

Ha, that's a good point.

Should quit gambling and learn your lesson.

perhaps he was missing a few mBTC to buy something and adjusts the value to such

really unlucky..

but yeah, that's a lesson to quit gambling, not bitcoin

farewell friend... morale of the story is, dont gamble what you dont want to lose...

farewell friend... morale of the story is, dont gamble what you can't afford to lose...

It's very hard for people.

First you have to think, then act. But people do opposite.

People start with thinking when damage is already done.

Bitcoins really make it too easy for retards to lose their coins. I'd bet that they wouldn't part so fast with crispy 100$ bills :p

Last active: 5 august.


Seems OP is back.

You can recover your bitcoins in the marketplace, just put the gambling section in the ignore boards.


May time some time though.

Start clicking ads for btc....but stop gambling the odds are never in for favor.

Farewell, don't gamble no matter where you at......

And that's why you never gamble with what you are not comfortable losing.

Yeah and while you are at it, maybe never gamble if you are not a person with big selfcontrol (most people fall in this criteria!)

These silly threads seem to keep popping up in hopes that the someone will come and pay you for you gambling loses.

Sorry.  Hopefully it doesn't happen.  You made your bed you are the one that has to sleep in it.  You aren't going to learn anything if someone just pays your losses.

that's right ...infact u should never ever gamble

Gambling can be the only entertainment you have where you actually have a chance at profit.  That isn't exactly the moral of the story...Moral is don't gamble with what you can't afford to lose and never make gambling a source of income.

In small amounts and amount of time spent gambling can be fun, when played responsibly

If he won instead he won't post here, so I believe people do gamble and win and some people are unlucky...