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Author Topic: Bitcoin Losses  (Read 5176 times)
granathus
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April 08, 2015, 10:54:22 AM
 #61

My losses, so far Smiley

NeoBee:    6 btc
Moolah:     2.5 btc
Dogetrading: 4 btc
Other alts: 3 btc

Also have lost a fair amount trading BTC.
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April 08, 2015, 10:58:35 AM
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MTGOX Sad
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April 08, 2015, 10:59:07 AM
 #63

My losses only come from crypto trading when at times selecting the wrong newly launched altcoin and then not exiting fast enough. I actually suffer quite a substantial amount holding on to quark but I was glad I managed to let it go before it sank. Lesson learned, never go near newly launched altcoin, unless it really has something significant in term of new technologies to offer.  

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April 08, 2015, 01:18:13 PM
 #64

Ha, I rather not even think about this. It just makes you bitter and makes your life worse, actually. This is like a board game for rich kids, to be honest Cheesy

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April 08, 2015, 01:20:09 PM
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Ha, I rather not even think about this. It just makes you bitter and makes your life worse, actually. This is like a board game for rich kids, to be honest Cheesy

give us an amount, that is all

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April 08, 2015, 01:35:20 PM
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Ha, I rather not even think about this. It just makes you bitter and makes your life worse, actually. This is like a board game for rich kids, to be honest Cheesy

give us an amount, that is all

Cheesy Nah, I'd rather like to keep that to myself. I honestly don't know the exact amount. I don't want to, it's not good for your mental health, I believe. I just wanted to advise other not to place so much importance on their losses.

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April 08, 2015, 01:45:50 PM
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Ha, I rather not even think about this. It just makes you bitter and makes your life worse, actually. This is like a board game for rich kids, to be honest Cheesy

give us an amount, that is all

Cheesy Nah, I'd rather like to keep that to myself. I honestly don't know the exact amount. I don't want to, it's not good for your mental health, I believe. I just wanted to advise other not to place so much importance on their losses.

Well, im at the same page as you, the more you dwell on it the more toxic you become. Just live with it and be a man about it.

P.S. A good method to overcome the loss is talking about it and stating your losses, hence the thread.

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April 08, 2015, 01:48:02 PM
 #68

Ha, I rather not even think about this. It just makes you bitter and makes your life worse, actually. This is like a board game for rich kids, to be honest Cheesy

give us an amount, that is all

Cheesy Nah, I'd rather like to keep that to myself. I honestly don't know the exact amount. I don't want to, it's not good for your mental health, I believe. I just wanted to advise other not to place so much importance on their losses.

Well, im at the same page as you, the more you dwell on it the more toxic you become. Just live with it and be a man about it.

P.S. A good method to overcome the loss is talking about it and stating your losses, hence the thread.

Well I don't think it has something to do with 'being a man', but I do get what you're hinting at, and it's true. Yes, for some people it may be very helpful and healing to discuss losses, you're right. I don't question the thread's intentions. Good idea! Smiley

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April 08, 2015, 08:40:35 PM
 #69

Lost about 7.5BTC in various altcoins when the coinex.pw was robbed by their owners, back in March 2014.
Since then, never kept any bigger amount of BTC at any exchange for longer than few hours.
Managed to avoid losses on Mintpal/Moolah scam thanks to that lesson.

Damn that was a lot of money... Thats why im not sure about joining Bit-x even tho they got better rates now.. because you get paid in the exchange, and who knows what happen, maybe you didn't cash out in time. And as far as I know the more frequently you withdraw the worse it is for you because they apply withdraw fee.
Yes that was a lot of money, but seems that I am slowly making it back.
As for the second part of your post, you may join sig campaign and cash out to your safe storage as soon as you get paid. You risk only the last payment period then (either week or month, depending on campaign. In case of Bit-x it is week).

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April 08, 2015, 08:46:00 PM
 #70

I have lost +15 btc on primedice, but I am continuing gamble because I want to restore my loss.

Never chase losses. That money is gone and all you end up doing is increasing your losses over time. Good luck either way.


I have lost +15 btc on primedice, but I am continuing gamble because I want to restore my loss.

If you gamble, then you should make sure that you don't get addicted to it. In your case it seems that you have now become addicted to it. You are trying to recover your loses, which in all probability will land you in even more deeper debt. Stop this, or you'll be ruined.

I have lost +15 btc on primedice, but I am continuing gamble because I want to restore my loss.

You should exit "right now" from the gamble world all you will los more bitcoin, this is sure! Search another way to spend your free time, the gambling is not the right thing. I have seen a lot of people (with their families) ruined due the gambling, the free money doesn't exist ... remember it!

No, sorry I can't stop. I "must" recover that loss and gain another 15 btc for pay all my debt. Bitcoin is an extremely and huge world and I want to gain how much I can.
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April 08, 2015, 08:46:22 PM
Last edit: April 09, 2015, 10:58:00 AM by Bralex
 #71

Discuss how much you have lost and how.

Oh the pain that i feel when i think about it lol! I have lost around 25btc for several reasons, I’ve lost at least 10btc on gambling! I have had my computer crash without a back up in my early days in BTC Another 12BTC.

I have been scammed by altcoins and in the digital goods 'my fault not using escrow' I have earned about that back from trading and getting lucky on a few alt coins but still not nice remembering you could have that extra if you would have used your brain.

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April 08, 2015, 08:48:19 PM
 #72

~0.5 BTC on sports gambling :/

Now I don't gamble Grin

Gamble is the mother of evils  Grin  and i havent lost any bitcoin yet. just a little lost during at buy and sell .
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April 08, 2015, 09:54:00 PM
Last edit: April 08, 2015, 10:12:27 PM by gentlemand
 #73


No, sorry I can't stop. I "must" recover that loss and gain another 15 btc for pay all my debt. Bitcoin is an extremely and huge world and I want to gain how much I can.


There's gotta be a more dependable way of gaining extra coins than that. If you are still gambling that means you must have some left.

And are you managing to pull it back so far?
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April 08, 2015, 10:08:57 PM
 #74

No, sorry I can't stop. I "must" recover that loss and gain another 15 btc for pay all my debt. Bitcoin is an extremely and huge world and I want to gain how much I can.

So you've gambled your way into losses and you're planning on gambling your way out of the losses?

Can you afford to lose more from gambling as that is mathematically the most likely outcome?

Best of luck to you, but maybe finding another way to generate income aside from gambling would be a good idea.
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April 08, 2015, 10:12:18 PM
 #75


No, sorry I can't stop. I "must" recover that loss and gain another 15 btc for pay all my debt. Bitcoin is an extremely and huge world and I want to gain how much I can.


There's gotta be a more dependable way of gaining extra coins than that.

And are you managing to pull it back so far?


No, sorry I can't stop. I "must" recover that loss and gain another 15 btc for pay all my debt. Bitcoin is an extremely and huge world and I want to gain how much I can.

So you've gambled your way into losses and you're planning on gambling your way out of the losses?

Can you afford to lose more from gambling as that is mathematically the most likely outcome?

Best of luck to you, but maybe finding another way to generate income aside from gambling would be a good idea.

Yes I can gamble it, I have a lot of bitcoin from the early years (2011-2012) and for me it is not a problem. I can afford to lose them and gamble them, good luck guys!
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April 08, 2015, 10:44:30 PM
 #76

Discuss how much you have lost and how.

Oh the pain that i feel when i think about it lol! I have lost around 25btc for several reasons, I’ve lost at least 10btc on gambling! I have had my computer crash without a back up in my early days in BTC Another 12BTC I have been scammed by altcoins and in the digital goods 'my fault not using escrow' I have earned about that back from trading and getting lucky on a few alt coins but still not nice remembering you could have that extra if you would have used your brain.

That reminds me of my original bitcoin investment and how i lost it. I had an old Dell duocore laptop i used to cold storage my bitcoins. i have two laptops at the time, the one i still have and the one i had then. i had a laptop baggy foreach. identical bags, with a front pouch. in one of the pouches, i kept a usb drive with a text file of all the private keys for my cold storage addresses. just in case that something happened to my cold storage laptop. I was storing approximately 325 btc on this cold storage computer. i bought at less than 3 dollars a coin, so thats not a huge investment.

Now here's what happened:

A supposed friend showed up early one morning and asked if he could borrow my computer. i said sure, just take it to the living room and surf, but i'm going back to sleep. when i woke up, my pc was sitting on my desk, but my cold storage laptop was gone along with its carrying case. When they caught the guy, he was high on crak, having traded my laptop for about 25 dollars worth of crack. he never rolled on his dealer, and to this day i wonder what happened to my bitcoins and my laptop. If i would have had that pc when bitcoin hit its high of $1150 a coin, i would be a fairly wealthy man right now. Later on the guy apologized to me "You had two laptops bro, i figured you wouldn't miss the old one much" was his excuse.

My negative trust rating is reflective of a personal vendetta by someone on default trust.
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April 08, 2015, 11:44:20 PM
 #77

I've lost 2 penny for trading, and then I realized that I'm not good at trading (It's not a big amount tho) Grin

faucet used to be profitable
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April 08, 2015, 11:46:05 PM
 #78

Yes I can gamble it, I have a lot of bitcoin from the early years (2011-2012) and for me it is not a problem. I can afford to lose them and gamble them, good luck guys!

Ok looks like you're not losing your shirt or anything, but have a mission to get your bitcoin back from the casinos haha.

That reminds me of my original bitcoin investment and how i lost it. I had an old Dell duocore laptop i used to cold storage my bitcoins. i have two laptops at the time, the one i still have and the one i had then. i had a laptop baggy foreach. identical bags, with a front pouch. in one of the pouches, i kept a usb drive with a text file of all the private keys for my cold storage addresses. just in case that something happened to my cold storage laptop. I was storing approximately 325 btc on this cold storage computer. i bought at less than 3 dollars a coin, so thats not a huge investment.

Now here's what happened:

A supposed friend showed up early one morning and asked if he could borrow my computer. i said sure, just take it to the living room and surf, but i'm going back to sleep. when i woke up, my pc was sitting on my desk, but my cold storage laptop was gone along with its carrying case. When they caught the guy, he was high on crak, having traded my laptop for about 25 dollars worth of crack. he never rolled on his dealer, and to this day i wonder what happened to my bitcoins and my laptop. If i would have had that pc when bitcoin hit its high of $1150 a coin, i would be a fairly wealthy man right now. Later on the guy apologized to me "You had two laptops bro, i figured you wouldn't miss the old one much" was his excuse.

That was one expensive hit of crack.  Curious as to how a friendship works with a crack user/addict?
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April 09, 2015, 12:54:43 AM
 #79

Yes I can gamble it, I have a lot of bitcoin from the early years (2011-2012) and for me it is not a problem. I can afford to lose them and gamble them, good luck guys!

Ok looks like you're not losing your shirt or anything, but have a mission to get your bitcoin back from the casinos haha.

That reminds me of my original bitcoin investment and how i lost it. I had an old Dell duocore laptop i used to cold storage my bitcoins. i have two laptops at the time, the one i still have and the one i had then. i had a laptop baggy foreach. identical bags, with a front pouch. in one of the pouches, i kept a usb drive with a text file of all the private keys for my cold storage addresses. just in case that something happened to my cold storage laptop. I was storing approximately 325 btc on this cold storage computer. i bought at less than 3 dollars a coin, so thats not a huge investment.

Now here's what happened:

A supposed friend showed up early one morning and asked if he could borrow my computer. i said sure, just take it to the living room and surf, but i'm going back to sleep. when i woke up, my pc was sitting on my desk, but my cold storage laptop was gone along with its carrying case. When they caught the guy, he was high on crak, having traded my laptop for about 25 dollars worth of crack. he never rolled on his dealer, and to this day i wonder what happened to my bitcoins and my laptop. If i would have had that pc when bitcoin hit its high of $1150 a coin, i would be a fairly wealthy man right now. Later on the guy apologized to me "You had two laptops bro, i figured you wouldn't miss the old one much" was his excuse.

That was one expensive hit of crack.  Curious as to how a friendship works with a crack user/addict?

Well you grow up with people your whole life, so you know them and have a certain amount of trust in them. a child hood best friend. We all did drugs and stuff. some of us couldn't stop. he'd been in my house hundreds of times and never stolen.

My negative trust rating is reflective of a personal vendetta by someone on default trust.
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April 09, 2015, 01:06:01 AM
 #80

1 Bitcoin in Paycoin Scam
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