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Author Topic: Worst mistake you did with Bitcoin?  (Read 135176 times)
Amph
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July 24, 2015, 09:01:33 PM
 #141

My worst mistake was to leave 2.5 BTC on my desktop with a miserable password protecting it! Needless to say, you can imagine what was the outcome..
I learned the hard way...

i think your real mistake was downloading or clicking the stuff that has stolen you, your wallet and brute forced the weak password
Xialla
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July 24, 2015, 09:14:41 PM
 #142

oh well, I did so many bad mistakes, that I don't even know where to start, so just in names:

*BFL preorder
*BlackArrow preorder
*KNC preorder (even I received their miner, it was not smart at all)
*buying dogecoin during hype
*goxxed
*gambling

..anyway, I learned a lot here and I still like bitcoin a lot, so not big deal at all:)
d4n13
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July 24, 2015, 09:55:55 PM
 #143

Dropping my phone (breaking screen) with all the BTC on it.

Before HD Wallets so all I had was my last (very recent) backup, which happened to NOT have the last change address.

Lesson learned... Backup to remote site after EVERY spend, or only use HD Wallets.

BTW... I did get my coins back, but it was HARD... had to hand code adb click commands to activate the wallet and initiate a new backup.  If I wasn't rooted already it would have been VERY difficult.

jt byte
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July 24, 2015, 10:01:23 PM
 #144

My worst mistake was to leave 2.5 BTC on my desktop with a miserable password protecting it! Needless to say, you can imagine what was the outcome..
I learned the hard way...

Can you tell us what have you solved.
What method did you use, or in what way have you solved this mistake that you made.
I want to learn too
Cryptopher
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July 24, 2015, 10:08:00 PM
 #145

I've made some silly trades before, panic sells as it were, in a bid to short the market.

I've been fortunate enough to make more coins through trading with luck rather than a particular knowhow or ballsy trading.

This thread reminds me that I need to sort out how I go about storing and accessing my coins :/

Sign up to Revolut and do the Crypto Quiz to earn $15/£14 in DOT
jacktheking (OP)
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July 25, 2015, 01:34:19 AM
 #146

Invested in LTCGear and ZeusHash. I invested over $6000 worth of bitcoin in LTCGear (most of it was reinvested earnings) and finally had to sell my account for chump change just last week. ZeusHash has had my MHS contract frozen which cost a total of about 3BTC. It's been frozen for the past 8 months and there is zero support, as well as no way for me to sell the account. Cloud mining is horrible, I tell you!

Ahh. I invested in ZeusHash too. I saw they are giving out up to 5 GH/s for free last year. Joined in and than the free GHs only lasted for a few months. The promotion was so good that I invested more Bitcoin into it. Till today, as stated before.. No ROI yet.

My worst mistake was to leave 2.5 BTC on my desktop with a miserable password protecting it! Needless to say, you can imagine what was the outcome..
I learned the hard way...

Where is your desktop located at? Your house? Office or a... library? Well, next time use online application such as https://howsecureismypassword.net/ to check how long would people take to Brut-force your password.

oh well, I did so many bad mistakes, that I don't even know where to start, so just in names:

*BFL preorder
*BlackArrow preorder
*KNC preorder (even I received their miner, it was not smart at all)
*buying dogecoin during hype
*goxxed
*gambling

..anyway, I learned a lot here and I still like bitcoin a lot, so not big deal at all:)

What's the worst mistake you made - which one make you lose most Bitcoin?

I've made some silly trades before, panic sells as it were, in a bid to short the market.

I've been fortunate enough to make more coins through trading with luck rather than a particular knowhow or ballsy trading.

This thread reminds me that I need to sort out how I go about storing and accessing my coins :/

Yeah. Me too. I have no change to a new address - HD Wallet - soon.

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!
faridkifly
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July 25, 2015, 01:44:08 AM
 #147

My worst mistake that i did to my bitcoin was gambling and beting
I lose my bitcoin too much, because i think i would win again and agaim  Sad
barsbars
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July 25, 2015, 01:45:52 AM
 #148

my biggest mistake is i not knowing bout bitcoin earlier  Sad
jacktheking (OP)
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July 25, 2015, 01:48:48 AM
 #149

My worst mistake that i did to my bitcoin was gambling and beting
I lose my bitcoin too much, because i think i would win again and agaim  Sad

How much Bitcoin did you lose in total? Which sites did you gambles at?

my biggest mistake is i not knowing bout bitcoin earlier  Sad

Go around this thread. You will see many people during the same mistake as you - I'm one of them. No worries. We're still consider early Bitcoin adopters - the price is still less than 500 USD. Cheer. 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!
dollarneed
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July 25, 2015, 02:18:29 AM
 #150

The Worst mistake I did with Bitcoin?
Ok i realize this is a mainstream mistake that i did,knowing bitcoin earlier but its ok it does not mean anything as long as its price still worthed i keep using bitcoin.
And the second mistake i got ripped when i transaction with bitcoin,thats not much money but its evrything for me Cry
i wish this is the last cases for me
pooya87
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July 25, 2015, 03:03:58 AM
 #151

~~~
I did collect some Dogecoin from faucet. Hoping the coin will reach the moon. Well when Dogecoin came out, I have no interest in cryptocurency at all. I would rather spend time (and GPU) playing computer games. Still collecting small amount of Dogecoin from day to day. Smiley.

i used to think like this and was collecting a lot of DogeCoin back when the price was higher than 100.
i even created a reddit post asking what everybody thinks about DogeCoin's future price and i've got a lot of 1$/Doge and all that to the moon stuff, granted by that time i was a newbie in altcoin markets, i believed it and continued gathering in my wallets.

but after seeing some facts about DogeCoin i decided against keeping them for long term. there is a huge amount of doge available and a lot of it is being mined every day and dumped on the market. meanwhile there is not enough demand for it to push the price up.

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btcdealer
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July 25, 2015, 05:00:12 AM
 #152

Actually i haven't yet made a bitcoin till now but the worst mistake my friend did with bitcoin was that he invested his 3 bitcoins on a scam trading site without inquring  or searching about it first..... Undecided Undecided Undecided Undecided
harizen
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July 25, 2015, 05:07:50 AM
 #153

my biggest mistake is i not knowing bout bitcoin earlier  Sad

LOL I feel you. I started making bitcoin last March only. Don't worry we can still see the old bitcoin price and possibly it can surpass the current all time high price.

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smith coins
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July 25, 2015, 10:37:06 AM
 #154

Selling it.

Well the mistake can be if you sold it cheaper than you bough, but dont know.
Btw i like your personal message Smiley color
acquafredda
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July 25, 2015, 10:45:35 AM
 #155

I should have bought more when the price was 177$.
I could but I did not.
My fault
smith coins
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July 25, 2015, 10:46:42 AM
 #156

I should have bought more when the price was 177$.
I could but I did not.
My fault

I was on your feet man, i hesitate too, i was thinking that the price will go more down and it was my fault
acquafredda
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July 25, 2015, 11:11:43 AM
 #157

I should have bought more when the price was 177$.
I could but I did not.
My fault

I was on your feet man, i hesitate too, i was thinking that the price will go more down and it was my fault

Better to forget it now... and start again!
smith coins
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July 25, 2015, 11:26:23 AM
 #158

I should have bought more when the price was 177$.
I could but I did not.
My fault

I was on your feet man, i hesitate too, i was thinking that the price will go more down and it was my fault

Better to forget it now... and start again!

Yes the past is the past and must stay there, and for us to forget it. Today the bitcoinprice is getting high what do you think?
agustina2
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July 25, 2015, 01:27:33 PM
 #159

My worst mistake so far is when I bet a lot last NBA Finals. I bet BTC0.5 to Cleveland Cavaliers in a series game.
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July 25, 2015, 08:19:05 PM
 #160

My biggest mistake was not getting into bitcoin in 2012 when I first heard about it.  I didn't start looking into it until the very end of 2014, better late than never I guess.
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