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Author Topic: Worst mistake you did with Bitcoin?  (Read 135036 times)
giustone
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July 31, 2015, 08:31:02 AM
 #241

My biggest mistake was that I bet Bitcoin to dice sites and I lost all.

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July 31, 2015, 09:57:39 AM
 #242

My biggest mistake was that I bet Bitcoin to dice sites and I lost all.
do not use all your money/bitcoin to gamble even though you believe will win
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July 31, 2015, 10:02:14 AM
 #243

I got a tip of BTC0.75, was going to sell them the next day.
But the worst mistake I did was, I sent them to PD to play to make it up to 1 BTC, and lost all.  Sad
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July 31, 2015, 12:06:46 PM
 #244

My mistake is getting into bitcoins in the first place.
Over the past couple of years I've invested and built a small mining farm. Overall I made some profit, just a few hundred dollars.
But to think about all the time and effort I spent doing all of that just for a few hundred dollars... It's almost a waste of time!


If you feel that your mistake was getting into bitcoins in the first place, then why are you still here ?
I think that you shouldn't look at it only profit wise. Sure, you made a financial error, but that doesn't mean your next move is going to be bad one as well.
I suggest you re-asses your moves, and don't give up on bitcoin as a whole, judging by a single error you made.

cheers

I agree. It might have been an financial error but please look around in the community. There is rarely someone who wasnt hit badly by some loss. And you seems to really have been not the hardest loss.

The thing you should do is seeing it as a learning process. You know are smarter than before and you earning bitcoins gets more likely now.

Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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July 31, 2015, 02:26:36 PM
 #245

I got a tip of BTC0.75, was going to sell them the next day.
But the worst mistake I did was, I sent them to PD to play to make it up to 1 BTC, and lost all.  Sad

0.75bitcoin and you gambled it all?  Shocked That is really a huge amount in my part. I can buy High Specs Android phone here in our country with that price. Smiley

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mallard
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July 31, 2015, 02:49:37 PM
 #246

Gambled it all away.
thanks primedice
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July 31, 2015, 02:58:56 PM
 #247

My mistake is getting into bitcoins in the first place.
Over the past couple of years I've invested and built a small mining farm. Overall I made some profit, just a few hundred dollars.
But to think about all the time and effort I spent doing all of that just for a few hundred dollars... It's almost a waste of time!


If you feel that your mistake was getting into bitcoins in the first place, then why are you still here ?
I think that you shouldn't look at it only profit wise. Sure, you made a financial error, but that doesn't mean your next move is going to be bad one as well.
I suggest you re-asses your moves, and don't give up on bitcoin as a whole, judging by a single error you made.

cheers

Bitcoin isn't here to make you rich, it'shere to make you more independant from fraudelent governments and organizations as banks....

Well, people is free to interpret and use Bitcoin anyway they like. If they want to get rich out of it it's as legit as being concerned about the scam of the fiat currencies and wanting to change things.
Im both. I want to get rich off Bitcoin because I deserve it by being a pioneer and getting involved before a lot of other people, and I want to eventually not even need to convert my BTC into fiat because it will be accepted worldwide.
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July 31, 2015, 03:49:38 PM
 #248

many many mistakes. 1 being selling the 50 btc I had when it was worth $6

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July 31, 2015, 06:12:36 PM
 #249

mistake I did was my bitcoin invest into promising PTC sites bitcoin that much, but in the end the site to be a scam  Undecided
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July 31, 2015, 09:21:53 PM
 #250

mistake I did was my bitcoin invest into promising PTC sites bitcoin that much, but in the end the site to be a scam  Undecided

I've been into PTC websites myself (as a member, not as an owner) before my Bitcoin time. However, I was able to build a nice amount of (active) referals on some of them and that was quite a nice period for me, untill some (and the biggest) websites simply stopped / stopped paying the members.. I probably lost hundreds on dollars on these websites, as I invested quite a lot in these websites - you were able to buy "referalpacks".

Since then, I've not been into any PTC website anymore. Also not related to Bitcoin. I just don't think it's worth your time and efforts - which is the same as faucets.

- -

I did not really lost much BTC gambling. In fact, I just won 0.067 BTC. I think I'm more into such kinds of gambling instead of dice games Wink.

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jacktheking (OP)
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August 01, 2015, 02:09:13 AM
 #251

Sending to the wrong address, around 1.1 BTC.

I think I had the private keys for the address, but I still can't find them

1.1 BTC might worth a lot in the future. Never ever sell the computer you believe have the address private key. Continue searching for them when you're free.

I got a tip of BTC0.75, was going to sell them the next day.
But the worst mistake I did was, I sent them to PD to play to make it up to 1 BTC, and lost all.  Sad

Ahh. That hurt. I never have 1 BTC in my wallet before - not even 0.75 BTC.

mistake I did was my bitcoin invest into promising PTC sites bitcoin that much, but in the end the site to be a scam  Undecided

I've been into PTC websites myself (as a member, not as an owner) before my Bitcoin time. However, I was able to build a nice amount of (active) referals on some of them and that was quite a nice period for me, untill some (and the biggest) websites simply stopped / stopped paying the members.. I probably lost hundreds on dollars on these websites, as I invested quite a lot in these websites - you were able to buy "referalpacks".

Since then, I've not been into any PTC website anymore. Also not related to Bitcoin. I just don't think it's worth your time and efforts - which is the same as faucets.

- -

I did not really lost much BTC gambling. In fact, I just won 0.067 BTC. I think I'm more into such kinds of gambling instead of dice games Wink.

There's lot of PTC site which pay in Bitcoin. However, I'm only using one of them - PaidVerts. PTC wont make you rich but they pay better than normal faucet do.

Congrats on your winning of 0.067 BTC. Do not invest more than you can afford to lose. Smiley.

So sad! This profile does not appear as the #1 result (on anonymous) Google searches anymore.

Time to be active on the crypto forums again? Proud to be one of the few Legendary members of the Sparkie Red Dot!

Gonna put this on my resume if I ever join a cryptocurrency/blockchain industry!
micky123
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August 01, 2015, 02:14:02 AM
 #252

Haha, just thought of another one. I was playing dice at a casino and instead of using reddcoin which i normally use to play dice, i set up an auto bet of 0.375 btc at 11%, thankfully lost only 0.75 btc in this process. The good news is that i had earned about 8 btc from the same casino, so it was just that my profits came down Smiley.

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August 01, 2015, 02:15:49 AM
 #253

Haha, just thought of another one. I was playing dice at a casino and instead of using reddcoin which i normally use to play dice, i set up an auto bet of 0.375 btc at 11%, thankfully lost only 0.75 btc in this process. The good news is that i had earned about 8 btc from the same casino, so it was just that my profits came down Smiley.

If you did not stop the auto bet... The outcome is unimaginable - Double the 8 BTC or lose all of them.
I hope you dont mind sharing the dice site here, do you?

So sad! This profile does not appear as the #1 result (on anonymous) Google searches anymore.

Time to be active on the crypto forums again? Proud to be one of the few Legendary members of the Sparkie Red Dot!

Gonna put this on my resume if I ever join a cryptocurrency/blockchain industry!
micky123
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August 01, 2015, 02:22:53 AM
 #254

Haha, just thought of another one. I was playing dice at a casino and instead of using reddcoin which i normally use to play dice, i set up an auto bet of 0.375 btc at 11%, thankfully lost only 0.75 btc in this process. The good news is that i had earned about 8 btc from the same casino, so it was just that my profits came down Smiley.

If you did not stop the auto bet... The outcome is unimaginable - Double the 8 BTC or lose all of them.
I hope you dont mind sharing the dice site here, do you?

Lol, it stopped only because i did not have adequate balance left. I do not leave more than 1 BTC over at any gambling site because i know i am prone to either lose it this way or to go degen sometimes, i had WD the remaining. I have learned to control myself now though! The site i played at was Fortunejack. I did write to them about it explaining i would never bet at 11% coz i am usually a conservative gambler (whatever that is) but i got the canned reply as usual saying they can do nothing about it because it was a mistake on my end. I have since started investing and there is no better way to earn bitcoin than this, i am highly disciplined when it comes to investments! Cheesy

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August 01, 2015, 02:26:19 AM
 #255

Haha, just thought of another one. I was playing dice at a casino and instead of using reddcoin which i normally use to play dice, i set up an auto bet of 0.375 btc at 11%, thankfully lost only 0.75 btc in this process. The good news is that i had earned about 8 btc from the same casino, so it was just that my profits came down Smiley.

If you did not stop the auto bet... The outcome is unimaginable - Double the 8 BTC or lose all of them.
I hope you dont mind sharing the dice site here, do you?

Lol, it stopped only because i did not have adequate balance left. I do not leave more than 1 BTC over at any gambling site because i know i am prone to either lose it this way or to go degen sometimes, i had WD the remaining. I have learned to control myself now though! The site i played at was Fortunejack. I did write to them about it explaining i would never bet at 11% coz i am usually a conservative gambler (whatever that is) but i got the canned reply as usual saying they can do nothing about it because it was a mistake on my end. I have since started investing and there is no better way to earn bitcoin than this, i am highly disciplined when it comes to investments! Cheesy

Good that you withdraw your earning before auto bet enabled. Good to hear that you have the ability to stop gambling. I wish you good in investment field. Smiley.

So sad! This profile does not appear as the #1 result (on anonymous) Google searches anymore.

Time to be active on the crypto forums again? Proud to be one of the few Legendary members of the Sparkie Red Dot!

Gonna put this on my resume if I ever join a cryptocurrency/blockchain industry!
CryptAware
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August 01, 2015, 02:39:31 AM
 #256

I'm able to stop gambling too, simply because I'm a tight wad and once I loose about .2 btc I'm done lol
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August 01, 2015, 03:52:09 AM
 #257

I think I can add "lend BTCs to a total stranger and rely on gut feeling only that borrower will pay"
having an account with high rank is not a guarantee that person will pay you
 
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August 01, 2015, 12:14:22 PM
 #258

I think I can add "lend BTCs to a total stranger and rely on gut feeling only that borrower will pay"
having an account with high rank is not a guarantee that person will pay you

You can add such one indeed. I've almost been there myself. I saw someone opening a topic in which he claimed that he wanted to loan a particular (quite small) amount of BTC for a good cause. I though hey, I could do that as I do not use that amount of BTC in my wallet. I almost wanted to reply but I got interupted by the telephone - I had to head to work. Later on, I saw the particular TS has faulted on his loan as he became inactive..  I'm glad I did not hand him that loan.


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August 01, 2015, 02:06:02 PM
 #259

Altcointrading it was.  Roll Eyes Yeah, it is a risky field of trading and i should have avoided it. Or maybe i should have learned more about it before trying to get rich on there. *lol*
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August 01, 2015, 03:04:50 PM
 #260

Investments... that was my biggest mistake. It is simply way too hard in the bitcoin community to find a valuable and trustworthy investment. Even when the issuers are not scammers, then they are either inept or have a communication problem.
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