Bitcoin Forum

#magicbeans

I made quite  a big loss of 5BTC today. I had 8.5BTC left, and at PD, I made a big bet and won 4BTC. Then, instead of betting the 4BTC, as I usually do so that I won't lose my principal, (I think I accidentally hit max, otherwise it is not possible), I bet my entire balance for some odds (1.4x or so), and Lost!


Just for the info: my total loss = my total earning till date for 2 years here = 17BTC. :(
Bet IDs 3738681123 AND 3738420804 Primedice


I made the simple mistake of not checking my bet twice, since I was kinda nervous. :(

So, goodbye guys, I realized that once you lose all your Bitcoins, you will lose interest.

I will probably a few years later. (I am now wishing contrary to what I wished before, that the price will go to some $50 or so, so that I might be able to buy back some and come back here. :) )

Goodbye

Yours sincerely
Watoshi Dimobuto aka magicbeans



Edit: Thanks to Stunna, admin of PD, I have received 0.1BTC for trusting on my luck too much. :P
I am slowly recovering and has decided not to leave here after all. (kind of like redsn0w did. ;) )
However I will be reducing the time spend here.

Bitcointalkers are too good and helpful. Can't seem to be able to leave them so long :D

why not do some work for people here(assuming you have some kind of skill) to earn some btc? or sell your sr member account to make a little? btc price is only 200ish right now also so you could buy 1 or 2 cheap enough also. hate to lose a fellow bitcoiner over a simple misclick

Firstly sorry to hear you're holdings crashed.

That though is the life of a gambler unfortunately unless you are one of kind pro you will always lose everything  :'(

Go away work hard and recoup you're losses but when you come back and you will come back leave the rigged gambling sites alone, the truth is you was already gambling the moment you brought BTC so there is little need to go to a site that will basicly steal you're money.

Gambling like that or worse you do need a break and a check back to reality, BTC is not going to $50.

Again take a break and try give you're self a good talking to before buying more.

Learn to trade or something you enjoy other than that crap.

Good luck

Watoshi, aren't you a coder?

Happened to me last year, and since then I have limited myself from gambling. Best thing to do is, not visit the gambling sites.
Sorry for your loss.

sorry for your lost mate
goodbye and
takecare

That's why gambling is bad.
I lost more than you about 2 years ago, look at my register date. I lost all my btc. I have decided to leave from btc world, my biggest regret wasn't because I lost my btc but because I miss bubble at the end of 2013.
Don't leave from what you want to live with, but leave from what you could lose what you have.
Forget about gamble and build a new life.
We're all love btc, aren't we?, then stay here.

I guess the beans lost its magic, sorry to hear about your loss.

Sorry for your loss :'(
It's so easy to hit MAX button on PD (and many other dice sites). Sometimes I hit it instead of neighbor x2 button. 

sorry for your loss but as we all know gambling has 2 options =win and lose. dont leave because there is another option............. yes...... to change sides and be the OP. think about

If you bet your whole balance, then you will end up losing everyhing sooner or later.  I am sorry that you have lost a lot of money, but it is probably better for you that you stop betting heavily on games of chance.

sorry for your loss, perhaps you should find a way to recoup what you loss
perhaps offering some service in what you are good at
i love gambling too, but my max bet usually only 0.005 although i got quite a big bankroll , well i gamble for fun actually, if i win thats good, if i lose than so be it

17 bitcoin   :o :o
sorry for you lose dude
nothing is important then you health
dont worry

I read this topic in the middle of my own bad lose streak.
Now I don't know, should I continue to increase my bet or have to stop.
Not sure.

I stopped gambling about 6 months ago and haven't looked back.

What are you doing instead of gambling? What helped you to stop?

I'm just coding now and earning money doing so. I'm also putting my money back into my projects so I can gain even more.
The fact that I lost a decent chunk of change helped me to stop...

indeed, i lost quite a ton too before like 4-5 btc, since then i decided to stop betting high and only play for fun, since i like football, so i only gamble a bit of btc in sportsbook

Why did you have your entire stack on a gambling site to begin with? :/ Sorry for your loss.

he said, he forgot to change his base bet and it was set to max.

this is really sad, i was also just like in the situation of yours but i didn't quit i'm recovering slowly...

I'm sorry to hear that @magicbeans
And wait for your come back.

if i had 17 btc i would just sit on them. seriously. why would you need more? you were too greedy friend.

Sad news :(
"Never gamble more than you afford to lose" you should have kept most of your BTC out of gambling sites. Too late now.

I don't think I'll ever get to own 17 BTC. It's a ... big amount.

Good luck and.. find your way back here some day.

Just keep growing your bitcoin slooowly, you'll get there.

So you bet with low payout + max amount  :o

Eventhough the chance of winning is high doesn't mean you always win...

Learn from this experience ...and soon you will back again from your recovery

good luck

lol he accidentally clicked and bet his max balance and lost..

Only 17BTC? I lost 70btc on altcoin(shitcoin) trading, 6.5btc on future trading. I lost 40btc on vootcoins scam, although I hate that scammer dev but I have to continue my life. I was rich last year, but now I have nothing. Be strong dude, I plan to join bit-x signature campaign and post 300 posts for 0.36btc per month, and I won't trade shitcoins or gamble in the future. Life is going better, dude.

But I was lucky in dice game, I won 6k USD from dice, but all of my gamble profit became 0 because of SHIT altcoins. I hate those scammer devs.

Only some 16500 posts to make, it's not impossible :)


Woah, quite some amounts. You started early, you've bet on the wrong horse. But I like this spirit: never give up.

You are right, I never give up. I got a nice job offer, over 1600 USD salary after tax per month, it is an awesome salary in an Asian developing country.

As painful as it is, it's not the end of the world. Shit happens but life goes on.

Take some time-off, learn your lesson and get back on the horse.

Hope to see you around again.


ps. Would be nice if you let everyone know about the SD promo campaign you've started:

https://bitcointalk.org/index.php?topic=949266.0

sorry to hear that
that is what gambling do to you. that is why i always say you should never gamble if you are not ready to lose money

I M so sorry for your lost mate I really Feel bad Bro. I wish you Won Next Time.
Good Luck & Take Care.

So sorry to hear that broo
But How about your giveaway still running? Or you want to cancel it?

Sorry for your loss @Watoshi-Dimobuto. But... that's the risk of gambling... sometimes you win and sometimes you lose...
IMO 17BTC is enough to keep it and son't bet rolling on a gambling site.

Hope you can recover some helping the community offering services or with your own skills  ;)
Remember the real potential of bitcoin.

You gotta know when ta hold erm, know when ta fold erm! Know when to walk away, Know when to 'run' you should always count you're money when you sitting at the table they maybe not time for counting when the dealings done..

Giveaway's funds are escrowed with loljosh, so it's up to him to make a decision. I've already contacted him.

So what confirmation from Watashi?

ah that's sad to hear :/ good luck with your future ventures !

Op lost all his bitcoin and now you want confirmation that he would indeed continue his giveaway? Who cares. Good luck to you Dimobuto and now you know if you play with fire you can easily get burned in the process.

Sorry about your loss, hope you'll be back!

Jake make sure
But how the new op will know who the winners?

You can ask MICRO or somebody else of PD admins. Or OP, I hope he is leaving only gambling, not bitcointalk.

I think he meant he is leaving bitcoin.

He lost all his bitcoin so I guess bitcoin world is no longer interesting for him. I think than if he cools off a bit he might be back. Next time be more cautious op while placing your bets.

Sorry for your loss.
Taking a break in a good idea, but you should just leave the gambling world only.
If you are still optimistic about bitcoin, you could still earn bitcoin from scratch by providing services, or invest part of your savings in bitcoin.

sorry to hear about you loss, me too made that mistake on pd and lost 0.043, :(

Man I know how you feel spending months to gather a few Bitcoins then losing all by gambling. I always consul myself in saying it's no real money  :)

You should never keep your whole btc balance on a gambling site in general...

Sorry for your loss.  :(

Hope to see you around again when you regain your confidence. :)

sorry about your loss

cut yourself of a way of earning money?

I would never do it.

Maybe never gamble again or something, but not leave BTC for ever

You are taking the correct way, you take the profit and you go.

You may come back in the future but you will have your mind more quiet about gambling

Seems most of the people are in bitcoin only for gambling.

i guess thats true because you dont have to go anywhere if you want to get easy money and you arent too sad when you loose virtual money

Hello everyone,

I've contacted the OP regarding to the funds I am holding. I am waiting for his reply.


P.S: I am sorry for his loss.

I have been in the position to lose big bets betting on football games and coming back later for more but not a massive sum like 17 btc  :o

Sorry man, that is a crappy way to go out, but at least you didn't lose them to some butt head scammer.

I do hope you'll reconsider and come back soon.

Good luck either way!

Sorry for your loss... however like others already said, HEALTH IS MORE IMPORTANT. Money and bitcoins come and go, and they could easily come again in the future.

If you want, check out my game: it's running with no house edge for now (the only amounts that are kept from the bets are used to pay for the TX fee), you can bet dust (down to 0.00001 btc) and if you are lucky you can win over than 31 bitcoins (currently).

some people do not care about others losses, only about personal gain for themselves. sad world

Really sad to hear that Watoshi-Dimobuto..:(

OP that's my story:

On 16 January I won 5.50 BTC in a gambling (it took me 30 minutes to win all). The next day after the winning I deposited all my balance (5.52 BTC) to gamble.. You know what happened? This time took me 5 minutes to lose all.
On 26 January I just launched my gambling and made 12 BTC in 7 days.

Never give up mate, come on!

as rocky balboa said:

"You, me, or nobody is gonna hit as hard as life. But it ain't about how hard ya hit. It's about how hard you can get hit and keep moving forward. How much you can take and keep moving forward. That's how winning is done!”

Losing is shit yeh but you need to work it back and stop being retarded with you're gambling  :o

Sad story expecting you to come back  >:(

Sorry about the terrible gambling loss.  I know I've lost before on yolo bets but never one as yolo as that!  Again, condolences.

You have made the correct decision, take the profit and have fun with it now that you can do it

deep condolences for your lose, watoshi
you have to lose your profit but thats gambling man :(

Sorry for your lose.

You should stay away from dicing site in which you would win, or lose ALL in one bet.

I prefer one like luckybit, Even I am out of luck and hit a "0.4" or "0.3", I could save something instead of losing ALL in dice site.

I just logged in, since I saw a huge number of replies here. Thanks for your warm hearted support. :D



Yeah, I am sure I did that. There is no other possible explanation. PD doesn't warn you like most other sites, when you are betting max.




You don't seem to understand that I never intended to bet the entire balance on a single bet. I was probably freaked out that I didn't check it twice. :(




lol, the best way to get it out of my head, is to believe that bitfinex got hacked and all my balance vanished. :P

I also have another reason to quit, which is, lol, bitcoin is taking me a lot of time. This is a crucial part of my life. If I succeed in my career, I will buy a lot of Bitcoins, and bankrupt PD hodl it.  :D

i also learned some pretty hard lessons from this experience. I also wished I used Coinbase Vault. :P


(Too many smileys?)

What did you do seconds after disaster?

stay away from gambling, that will make your life better  :) and of course it will be better for your health too, i hope you dont suffer a heart attack because of your loss  ;D

* I put in lot of smileys too for you :P

You won good lection from those losses   :-[ I hope you will back soon.  ;D
http://pd3.co/u/magicbeans Here is written that your luck is Luck: 147.13%  ::)

Profit:-10.96, That's a lot, Sorry for your lose.


He has only 13 bets ,"luck" doesn't mean much. Let's see what would Stunna respond to this.

So sad watoshi :( try again maybe u will win, dont give up. Gambling can make u rich if u lucky ;)

Always sucks to lose money and have to leave. Like you said, BTC takes too much time of yours, but you don't really have to spend so much time on here.
Logging in once a week is more than enough to. Good luck with your endeavors .

if you manage to become rich before the price goes up

Of course the probability is close to zero because the prevalence of scams around here is extremely low. But still, and let me make perfectly clear that this is a microscopic STILL -almost non-existent-, what if the guy is just making up this sob story to set up some begging scam ? I know; it practically never happens here but still there´s always the outside chance.

you are such a dumb, or are you just spamming this without even reading to boost your post count for BITMIXER SIG CAMPAIGN?  ::) ::)

you can verify this bet at PD rather than spamming your post count

during my gambling, I always take the capital is not too big, so if I do not lose too sick. but gaming with small capital yes it is not fun, so the bigger the bet the greater the risk and the greater also if the profit

These begging scams depend on gullible idiots. You sound both sullen and dumb so you´re probably a promising victim.

what the fuck are you talking about?

Sorry, gullible and clueless idiots.

let this guy be, he was just spamming his post count anyway

begging scams? i dont see him begging anywhere  ;D shame on you mr post count spammer

At least some exceedingly gullible idiots would realize that the scam is done with PM´s.

What did the guy say, I´ll be going over the PM´s Feb. 20.

Truth hurts. Clearly some angry sounding morons here have been easy marks in scams around here.  ;D

while you leave, hoping the your contest still running :)

Hmm.. do remember to check your bet amount the next time (if you ever go back..). And.. 1.4x and lost is amazing.. I mean, you have so many chances to roll the right number but you lost. Anyway, good bye.

your the only one who seems angry and confused thb. good luck with your post count goals.

It will surely get to 50 usd someday

Hey its happens to all of us. At least you only lost your BTC and not your house. Its happens. Money and Greed go hand in hand.

Its good that you are quitting.

Sorry about your troubles.

Some "good" lesson to learn about always double checking my bets before clicking.

Sorry for your loss mate.

and only play when you are not drunk lol
sometimes i played when i am drinking lol, goodthing this kinda thing never happen to me

Keep your electronic gadgets away when you r drunk..lol.. will save u loads of trouble later..just keep your music stuff around..

I'm so sorry about your lose friend
Keep spirit and don't be sad

why is this thread getting so much attention?

never gamble what u cant afford to loose unless u sure u gnna win in which case it is not a gamble.. foolish lad.. now price of btc go 1k$ and u wish u dont lose ur 17 btc :D

Sorry on your loss.
But don't deposit what you cannot afford to loose. And if you lost it then face it like a man.
Noone loses interest if they loose coins. It just depends on person to person.

What a bummer man that's a lot of coins gone. Gambling isn't for the faint hearted and only 1% of players actually win.

That statistic is actually bullshit, just saying.

I wount even touch the topic of how smart is it to play -ev games like dice, but keeping your entire roll on the gambling site (or exchange, for that matter), is not super smart as well.

Sorry to hear about your unlucky accidental loss Watoshi.
You are a good guy and didn't deserve it

it happened to me also.its best to always withdraw your profit to keep on the safer side.

very sad mate. very very very sad.

I lost all of my bitcoins too lol.

ah that sucks man :( best of luck in your future ventures !

Yup and makin bets of size of your bankroll is not a good move. Sorry for your loss Watoshi.

Sorry for the way things have gone and we bid you adieu but at least it isn't as bad as trading 10,000 BTC for Pizza lol

I had a similar experience on JD when they launched. Put me in the red for 49 clams which i bought in the big pump at 0.01 each. I realise it is not as much as you lost, but this amount was fairly significant for me, who owns only 2.5 btc. Another time i lost on another site. I know it sounds easy, but you should not let this affect you and your association with bitcoin. I have seen you lending thread and i do believe you are one of the nice guys on the forum. Would hate to lose a good guy like you, who are very few and far between. So yeah, get a nice signature campaign or work a bit and buy back in and it should all be good. Initially you will feel like you lost the world, but you will get over it eventually. I remember losing 0.4 btc when btc was at $600 and that stung me enough to get me off the forums for a couple weeks. Then i realised that it was not worth it to give up everything for such a small loss (for me it was a big loss), i came back and made quite a bit off signature campaigns and gambling and rebuilt my corpus. Shit happens, but how you come out of it is what counts. Good luck either way.

if only life had an UNDO button!

Agreed hahaha. But good luck and take care OP. :( Hopefully you'll find a way to cover your losses one way or another.

You lost your coins on safedice?  :o It's a sad story.  :(

LOl, there is 1% edge so in long run only 1% can be winners, smartass!

if i had 17 btc i would be chilling on the beach

Does Stunna said anything?
Anyway, dude, you will feel better if you take a look at this. (https://bitcointalk.org/index.php?topic=757624.msg10434328#msg10434328)

Don't sweat it. I think I just "lost" 30 BTC... Back when I bought them all at $400 USD each. (It is now $217 USD each) ... oh boy oh boy oh boy ...

Yeah, and if house edge was as high as 99%, in a long run most of players will be winners?

Check your math.

i think PD doesnt ask you if you hit the max bet button :/

You bought 60 BTC at $400?  :'(  I miss the $400 too.
Yes, Bitcoin crashed , at least you can still hold them and wait for up. Good luck.

Are you the one that did the 12.5 btc bet?

im sure dabs will be holding it anyway
goodthing i only bought 1 BTC before the major crash, bought a few at the bottom and enjoy the pump ride before, so yeah im on positive earning now

It is sad to see that gambling has resulted in people leaving Bitcoin.  :(

If that happen to me , I better prepare a rope and hang it on the tree :( cause I become so regret to do it.


if you want to win big must prepare lose big

I'm holding. I didn't exactly buy that much, but I used up some of it to pay for assorted expenses (in the hopes that BTC would "appreciate" as time goes by.)

That's the goal long term. Maybe I'll go buy some more now.

The worst that can happen is I go broke right? That's not so bad.

Wow you must have been pretty important if you announced that you were leaving. The house always wins m8. gl

Online gambling can be so degen. Thousands gone without any kind of human interaction or other kind of entertainment. At least if I lose that much in a casino I'll get some free drinks and maybe a room.

Yeah, they don't warn you. If so, I wouldn't have lost that 12.5BTC. I would be losing just 0.4BTC :(

I`ll prob see you come back at the end of this year.

the price will fall so hard you`ll buy back at $40-50. most people who think the price will jump from $200 to $1,000 are on drugs and dont know how real economics work to create value.

Sorry for your lost. But never bet what you can't afford.

Yep..thats the golden rule of gambling.. But in his case..it was a mistake..he didnt bet on purpose.

You lost a total of 17BTC and 5BTC in this case. So it seems you have been losing regularly. Its best that you avoid gambling sites altogether.

You should stay here and get some Bitcoins. If the price zooms to $1000 or more you will be very miserable, much worse than you are feeling now.

A lot of people got into gambling for bitcoin as well. Shouldn't be a surprise :P

Yeah, that really is a shame. It could have went both ways though, you could have accidentally clicked max bet and won. Just take this as an expensive lesson learnt, if you do decide to come back to the bit-coin scene that is.

Still, don't have coins that you can't afford to lose on a gambling website, then.

OP will come back. He just needs to blow off some steam, i am sure he will start feeling better once he starts realising that this is not the end of the world and he just lost a bit of play money. It can be difficult when you lose money but, you just need some time to get off that feeling and i am sure he will come back stronger and wiser to boot. I wish you good luck Watoshi and await your return to the fold in the near future. :)

I am on drugs n i dont feel it will go to 1k $  although 500$ maybe as low as 50 $ ? doubtful.

In fairness, it's probably the reason they were in bitcoin to start with!
Bitcoin works well for gambling, but just as with normal money, if you lose money, it's probably worth quitting.

Not always,try investing in a house.

When they have a gambling addiction, they need to know it then act to not gamble anymore. What about a business or foundation to help the gambling bitcoin addicts. It could help the Bitcoin image.

yes gambling addiction, whether after they really lose everything, they'll stop gambling? what otherwise craze

They never stop gambling until they get help unless they are super strong willed but most are not to be addicted in the first place.

It is an illness a horrible one at that and it needs a lot of work to over come, good luck to you guys who have gambling addictions as you will surly need it.

I really like to play gamble, and I have a lot to lose, sometimes I wanted to stop but it was difficult, and I always want to try to recover little by little

I know that feeling man :(
See ya Watoshi

Forget recovering money.
Set aside a small budget for gambling and stick to it. Think of it as an "entertainment expense".

Thank you again for the overwhelming response. :)

This thread is number one when I search "I am leaving guys.":  ;D

https://www.google.com/?gws_rd=ssl#q=I+am+leaving+guys.

Great!

it's nice to see on google search so it's like fun now ;)

Sorry to hear about your huge lost, hope you will recover soon enough. Just try to avoid gambling for a while.

Goodbye.

See you tomorrow.

Wow unlucky... I remember being on a site and betting my entire balance of 0.2 and being angry... I decided instead of chasing loses to either move on or come back when I have 2 BTC+ to make it back without much worry.

lol, he is got to check back every now and then, because there is a giveaway, escrowed, going on, atm. He will probably go only after that.

Sorry for your loss, beans. :(

Very sad story.
Bye bye watoshi

This ;) I have seen a lot of people come and be back the next day when the 1 bitcoin they were holding became 1000$
And bitcoin itself is a big addiction to come back to.

try playing with the capital is not too much, and when the profit of 100%, you save capital first, and then you play the profits to really enough for you, and do not be greedy, you have to know when further and when to stop

Yes except the problem is that if you invest in a casino in BTC. There is a good chance the website can get hacked and you won't get anythin.

ah that sucks :(

I just saw 0.1BTC in my balance at PD. :D
I think Stunna sneaked it into my account. :)


P.S. Only 99.5% of my loss to recover. :)

Nice, you can do it recover all if you lucky man :D

We need a Cryptos Anonymous ... gambling can be dangerous.

Hope you didn't gamble that 0.1 already  ;)

The best way to do is just to accept the loss and not to try win it back.

Try to use it as wise as possible

Prepare to losing instead of winning when you gambling

lol stunna is very generous, id say withdraw all that 0.1 btc and start to do some small day trading to recover some of your loss, avoid gamble at any cost for now  :D :D

Or gamble it all away, easy come easy go ;)

That's generous of him. Did you end up gambling it?

damn thats pretty unheard of seriously lol.

Stunna being like damn, i feel ya bro, heres back your .1btc loll.

its nice the owner has a heart to give some btc back.

but honestly, i think you can come back because the prices wont shoot up like the mt.gox incident.

I am sure he wouldnt have had that kind of attitude while giving it back .
What will you do with that 0.1 BTC Watoshi ? Gamble it or withdraw it ?

I think he has left us quite a long time back..the thread is simply going on and on..

what are you talking about, go to the page before this and scroll down. He replied to this thread today very early in the day lollll.

He`s still here, but not gambling i take it.

He's still around because he started a promo campaign for safe dice (escrowed the funds). The promo is still ongoing (to be ended on 20th Feb), so he's just checking/updating on it.

https://bitcointalk.org/index.php?topic=949266.0

Hopefully when it ends, he'll cool off and will stick around on the forum.

no one really fully disspears from bitcoin because its just that good  ;)

I found that people with more money tend to be scammed easier that poor people. If you have that much of a money your basic instinct is somewhat asleep and you will get hasty with your money. But from the other side if you have your last money you would not give it away that easily... Lesson learnt.

Sucks that your gonna go man, gambling is the worst.

Sorry for ur lost mate
That is gambling sometimes u win and sometimes u lose
This is just a game
Come back and start for zero again

Haha, except when its not!

good bye and good luck dude
be far to all gambling system and online casino..
it's not for you :/

bro this very big bitcoins

for all my life i tuch about 0.1 bitcoin

youtube/promotions/play/wins etc...

we be miss you ;)

hope you come back to bitcoin scene

Listen to the wiseman:Never gamble!

That happened in Feb. I'm sure OP got over it by now. I don't know why someone decided to dig up this thread

I know, I remember that post from a long time ago. His reply makes no sense.


Most likely he is trying to up his post count

Watoshi-Dimobuto, are you still there?
Last Active: June 09, 2015, 12:57:10 PM

Have you recovered some of the funds after the gambling loss, or you are no longer active?

Yeah, sometimes I have the same problem.  I wil be up but I get too greedy.   Especially on a winning streak.   Maybe bet smaller from now on.Losing a lot of money like that is a terrible feeling.   Your stomach drops and you feel like crap.   Best of luck to you.

This is why it's important to meditate on the good things you have.  Close your eyes, go blank for as long as you can.  When you come back to conscious awareness it's time to take inventory of the many good things you are blessed to have: you are breathing, you can see/hear/smell/touch, you have food, shelter... perhaps you even have wealth in a modest or even extravagant sense. 

Of course, it's just part of life: living and learning.

Just wish I could take my own advice.