losing 50 bitcoins gambling

[megynacuna]

Those guys just throwing away their money. I don't know if they were rich or just a stupid guy who would like to make trending topic with those silly action. You shouldn't follow that strategy and don't even think to make big money through gambling.

maybe that person was rich and also stupid guy who willing to spend a lot of bitcoin to satisfy his hobby in gambling and i think this guy never thinking the risky for losing his money although it was happened last year when bitcoin price not really high just like this year but 50 btc still very big amount if only to spend for gambling

not a possibility but that person is really rich. because he is willing to spend 50 bitcoin just to gamble. and if I own 50 bitcoin better I make to help people who can not afford it. that if I personally

50 Bitcoins isn't easy to get around these day and  for someone to gamble it takes some uncommon courage which is not common for the ordinary joe like myself and so i wouldn't dare loose that or  risk that even if i had 1000 bitcoins.

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[Juggy777]

How would you feel if you lost 50 btc after gambling... https://nitrogensports.eu/betslip/92ff9f2dmRCeSttM0U0a1dPZ0tTSDd4OW4vZz09/r/2744 What's the biggest loss you've taken before, and do you have any good coping strategies? I do wonder if it's better or not to express anger or to just try and ignore it as best as possible. Personally I just get angry and yell some swears, but curious how other people react when losing and any tips on coping.

Fifty? One would be absolutely mad to play that huge amount in betting, I would literally die lol, maybe for a while, I would never to do it, I don't believe people should use copying methods, what works for one doesn't work for other. One should be very careful as to what and how he decides to play with his coins, I feel one should experiment his own strategies and then stick with what's best for him. And never loose so much.

[mirakal]

Those guys just throwing away their money. I don't know if they were rich or just a stupid guy who would like to make trending topic with those silly action. You shouldn't follow that strategy and don't even think to make big money through gambling.

maybe that person was rich and also stupid guy who willing to spend a lot of bitcoin to satisfy his hobby in gambling and i think this guy never thinking the risky for losing his money although it was happened last year when bitcoin price not really high just like this year but 50 btc still very big amount if only to spend for gambling

not a possibility but that person is really rich. because he is willing to spend 50 bitcoin just to gamble. and if I own 50 bitcoin better I make to help people who can not afford it. that if I personally

50 Bitcoins isn't easy to get around these day and  for someone to gamble it takes some uncommon courage which is not common for the ordinary joe like myself and so i wouldn't dare loose that or  risk that even if i had 1000 bitcoins.

I guess we can only lose that big amount of money when we starting to loss our control in gambling, when out emotion will dictate us we will be chasing our loses especially if we are too unlucky, the adrenaline rush is not good in gambling, the more we get emotional the more we risk our money and would mostly result to losing an amount we cannot afford anymore.

[Gotomoon]

How would you feel if you lost 50 btc after gambling... https://nitrogensports.eu/betslip/92ff9f2dmRCeSttM0U0a1dPZ0tTSDd4OW4vZz09/r/2744 What's the biggest loss you've taken before, and do you have any good coping strategies? I do wonder if it's better or not to express anger or to just try and ignore it as best as possible. Personally I just get angry and yell some swears, but curious how other people react when losing and any tips on coping.

Fifty? One would be absolutely mad to play that huge amount in betting, I would literally die lol, maybe for a while, I would never to do it, I don't believe people should use copying methods, what works for one doesn't work for other. One should be very careful as to what and how he decides to play with his coins, I feel one should experiment his own strategies and then stick with what's best for him. And never loose so much.

This guy has been wasting a lot of money, imagine 50 bitcoins in gambling. I would feel crazy and depressed to the moon losing huge of bitcoin. I would rather make my own strategies than copying from others that you don't know if you will gonna win on this.

[LordDisick]

When he losses 5 btc.he should have realize that luck wasnt on him.and stopped right away.why waited for 50btc .its a big loss that can change life for good.if he only valued the BtC as fiat

So true, that's one of the problem with gamblers when the greediness strikes you wouldn't care about how much you will lose. I still can't believe he just wasted that huge amount of bitcoin, we should have self control and discipline in gambling because it tends to be very addicting.

[lienfaye]

When he losses 5 btc.he should have realize that luck wasnt on him.and stopped right away.why waited for 50btc .its a big loss that can change life for good.if he only valued the BtC as fiat

So true, that's one of the problem with gamblers when the greediness strikes you wouldn't care about how much you will lose. I still can't believe he just wasted that huge amount of bitcoin, we should have self control and discipline in gambling because it tends to be very addicting.

Losing such amount is really depressing and if im in his shoes i think it would be hard to find ways for coping up.

Addiction and greediness are the reasons why that gambler risk the amount that can contribute so much in reality and in just a blink its all gone in his hands.

Whatever his status is to afford 50 btc, still its not good to spend too much in gambling because it can ruin lives.

[emberbekas]

When he losses 5 btc.he should have realize that luck wasnt on him.and stopped right away.why waited for 50btc .its a big loss that can change life for good.if he only valued the BtC as fiat

So true, that's one of the problem with gamblers when the greediness strikes you wouldn't care about how much you will lose. I still can't believe he just wasted that huge amount of bitcoin, we should have self control and discipline in gambling because it tends to be very addicting.

When someone already lost a relatively huge amount of money, self control will be hard to maintain. Lose control because of the need to chase his previous lost will take over his mind and mostly will lead to another dissaster. It is better not to play with 'fire'. Never play with the money that can ruin our mind if lost it.

[joebrook]

When he losses 5 btc.he should have realize that luck wasnt on him.and stopped right away.why waited for 50btc .its a big loss that can change life for good.if he only valued the BtC as fiat

So true, that's one of the problem with gamblers when the greediness strikes you wouldn't care about how much you will lose. I still can't believe he just wasted that huge amount of bitcoin, we should have self control and discipline in gambling because it tends to be very addicting.

Losing such amount is really depressing and if im in his shoes i think it would be hard to find ways for coping up.

Addiction and greediness are the reasons why that gambler risk the amount that can contribute so much in reality and in just a blink its all gone in his hands.

Whatever his status is to afford 50 btc, still its not good to spend too much in gambling because it can ruin lives.

It behooves me that why would one continue to bet when they are losing for such a long streak at all, When i am gambling and i lose three times in a row, i just withdraw from the game the same goes when i win three times in a row.

[GregH37]

That is so much to lose. I think its time to stop. You played you lost you learnt your lesson. Gambling is not for you so you must accept that and move on before losing even more. Maybe you have an addiction problem and must get help. I feel bad for you but you did it to yourself. Its not the end if the world. Work hard and make the money back. If you dohabe to gamble again please use limits so this doesn't happen again.

That’s a grand loss and you should indeed accept this fact as soon as possible that gambling is not suitable for you. there are many other ways of making money and you need not try gambling again in order to win recover your loss because that is not possible at all now. Try to go on vacations for getting out of this depression of losing such a big amount of money. Stay calm and positive!

[Harry Callahan]

So true, that's one of the problem with gamblers when the greediness strikes you wouldn't care about how much you will lose. I still can't believe he just wasted that huge amount of bitcoin, we should have self control and discipline in gambling because it tends to be very addicting.

It is a real gamble to wage a bet of fifty bitcoin in a single bet and he was really unlucky to have lost it because it was a real upset and i never expected the opponent to win the game,there are many gamblers who wage a huge amount of money because these high rollers might have earned a huge amount of coins when the mining difficulty was low or is a miner.

[Oceat]

So true, that's one of the problem with gamblers when the greediness strikes you wouldn't care about how much you will lose. I still can't believe he just wasted that huge amount of bitcoin, we should have self control and discipline in gambling because it tends to be very addicting.

It is a real gamble to wage a bet of fifty bitcoin in a single bet and he was really unlucky to have lost it because it was a real upset and i never expected the opponent to win the game,there are many gamblers who wage a huge amount of money because these high rollers might have earned a huge amount of coins when the mining difficulty was low or is a miner.

Betting with that huge amount is like a suicide mission without thinking of what if. The OP must have lost his self control and maybe it urges him to bet at that amount thinking that he could have win it with just a one shot. But things always go right as what you have been planning, he should have a back up plan when things gets worst. Making a move without thinking will lead you to your defeat, that's why we must always think carefully when doing something that is very crucial specially with our financial needs.

[South Park]

How would you feel if you lost 50 btc after gambling... https://nitrogensports.eu/betslip/92ff9f2dmRCeSttM0U0a1dPZ0tTSDd4OW4vZz09/r/2744 What's the biggest loss you've taken before, and do you have any good coping strategies? I do wonder if it's better or not to express anger or to just try and ignore it as best as possible. Personally I just get angry and yell some swears, but curious how other people react when losing and any tips on coping.

In the event that I lost 50 bitcoins in a gamble, then I would inevitably be depressed and reflect on my actions as an individual with priorities. That is primarily the reason why gambling has the potential in destroying your life when it comes to decision making. It creates this endless illusion of you betting and betting again regardless of your winnings or losings. Gambling can never be profitable in the long-run and that link is the living example of it especially when YOU DO NOT KNOW WHEN AND HOW TO STOP gambling.

Can you imagine losing something close to 300k dollars in a few hours? I will be devastated, that amount of money is enough in my country to buy several properties, and if you hold for a long time and the price of bitcoin becomes higher that could be enough to retire and never have to work again.

Only rich people can gamble so much money like that in few hours and if it's a rich person there is much more money besides the 50 BTCs lost on gambling game. So I think this person wouldn't become mad about it... Probably this person would recover the 50 BTCs really fast with investments or income from any kind of rentable business. We think this is extreme because we don't have much money on our pockets like these big gamblers.  

But how rich you need to be to be able to lose 50BTC and not regret even if someone had like 1000BTC losing 50 BTC is still 5% of your whole net worth and that is always going to hurt no matter who you are, so unless that person is a whale then he felt that loss.

Yes, but what if he had 100000 bitcoins? Then 50 is meaningless to him even though it is lots of money, and when you see whale gambling with large amount of money(recently i saw 70 btc or something like that in single bet) it can only mean that they are sitting on bags full of bitcoins.
And to be honest that is nothing compared to Laszlo's 10000 bitcoin worth pizza.

But even if someone is siting in that many coins you cannot sustain a gambling habit like that, if what you said is true then it is impossible for this person to keep holding his original stash of bitcoin at some point even bets of that size are going to begin to hit the size of his bankroll.

Even you have thousands of bitcoins and if you betting style would retain on that size then those small amounts will pile up until it would become big and you will be shocked later on that you are losing too much big amount and end up on regretting.If you do have millions of bitcoin then it is still not fine to waste up your money on those kind big bets if we do equate it on the recent price of bitcoin.

Correct a person having that many coins could just create his own casino an play there for free, or buy any luxury imaginable and have a lot more fun than the fun you are going to get in gambling and at the same time I do not know how could someone get fun while losing that amount of money.

[rhamzter]

How would you feel if you lost 50 btc after gambling... https://nitrogensports.eu/betslip/92ff9f2dmRCeSttM0U0a1dPZ0tTSDd4OW4vZz09/r/2744 What's the biggest loss you've taken before, and do you have any good coping strategies? I do wonder if it's better or not to express anger or to just try and ignore it as best as possible. Personally I just get angry and yell some swears, but curious how other people react when losing and any tips on coping.

In the event that I lost 50 bitcoins in a gamble, then I would inevitably be depressed and reflect on my actions as an individual with priorities. That is primarily the reason why gambling has the potential in destroying your life when it comes to decision making. It creates this endless illusion of you betting and betting again regardless of your winnings or losings. Gambling can never be profitable in the long-run and that link is the living example of it especially when YOU DO NOT KNOW WHEN AND HOW TO STOP gambling.

Can you imagine losing something close to 300k dollars in a few hours? I will be devastated, that amount of money is enough in my country to buy several properties, and if you hold for a long time and the price of bitcoin becomes higher that could be enough to retire and never have to work again.

Only rich people can gamble so much money like that in few hours and if it's a rich person there is much more money besides the 50 BTCs lost on gambling game. So I think this person wouldn't become mad about it... Probably this person would recover the 50 BTCs really fast with investments or income from any kind of rentable business. We think this is extreme because we don't have much money on our pockets like these big gamblers.  

But how rich you need to be to be able to lose 50BTC and not regret even if someone had like 1000BTC losing 50 BTC is still 5% of your whole net worth and that is always going to hurt no matter who you are, so unless that person is a whale then he felt that loss.

Yes, but what if he had 100000 bitcoins? Then 50 is meaningless to him even though it is lots of money, and when you see whale gambling with large amount of money(recently i saw 70 btc or something like that in single bet) it can only mean that they are sitting on bags full of bitcoins.
And to be honest that is nothing compared to Laszlo's 10000 bitcoin worth pizza.

But even if someone is siting in that many coins you cannot sustain a gambling habit like that, if what you said is true then it is impossible for this person to keep holding his original stash of bitcoin at some point even bets of that size are going to begin to hit the size of his bankroll.

Even you have thousands of bitcoins and if you betting style would retain on that size then those small amounts will pile up until it would become big and you will be shocked later on that you are losing too much big amount and end up on regretting.If you do have millions of bitcoin then it is still not fine to waste up your money on those kind big bets if we do equate it on the recent price of bitcoin.

Correct a person having that many coins could just create his own casino an play there for free, or buy any luxury imaginable and have a lot more fun than the fun you are going to get in gambling and at the same time I do not know how could someone get fun while losing that amount of money.

Games was create for fun of some people but because of greediness to win high amount they were bet higher amount and because of losing many of them were want to get back their capital in the games. However instead of taking back the capital they were lost a lot so the tendency to play and play the game until it turns to addiction of the player. If the player make it's hobbies it will turns to gambling.

[lorylore]

When he losses 5 btc.he should have realize that luck wasnt on him.and stopped right away.why waited for 50btc .its a big loss that can change life for good.if he only valued the BtC as fiat

There is never a good gauge whether 5btc or 50btc or even 0.5btc is the relection point. It is all about mentality. If he is too obsessed by chasing the lost, it is just a matter of time that he will lose it all.

[biskitop]

How would you feel if you lost 50 btc after gambling... https://nitrogensports.eu/betslip/92ff9f2dmRCeSttM0U0a1dPZ0tTSDd4OW4vZz09/r/2744 What's the biggest loss you've taken before, and do you have any good coping strategies? I do wonder if it's better or not to express anger or to just try and ignore it as best as possible. Personally I just get angry and yell some swears, but curious how other people react when losing and any tips on coping.

It was a nightmare. I should've stopped gambling when I've lost 0.05 BTC. Is better invested than gambling.

[lili song]

I think it's lose to much, must control the budget before lose to much. I think lose until 0.005 BTC is ok.
If not set budget and control like that, will lose until 100 BTC. For my suggest that amount (50 bitcoins) better do invest.

[prtty2gal2]

When he losses 5 btc.he should have realize that luck wasnt on him.and stopped right away.why waited for 50btc .its a big loss that can change life for good.if he only valued the BtC as fiat

People who are addicted cannot realize this that they are losing it and should stop. They think that they can easily make money from gambling and will become millionaire. In this hunt they end up losing a huge amount of money which is sad to hear.

The addicted gamblers intention is not to become a milliner, they play to win more games, and they want to show others that they are experts in gambling. If they really care for money, then they will not lose money like this am I right.

That is so right. There is not every gambler who is playing for money and then lose and then leave it. No, some are here to please themselves, some are here to make it as a hobby, some are here to just get their status upgraded every time. And this is the one you are talking about. They don’t think of money, not in that sense, but to make them experts before other gamblers.

[rickadone]

Those guys just throwing away their money. I don't know if they were rich or just a stupid guy who would like to make trending topic with those silly action. You shouldn't follow that strategy and don't even think to make big money through gambling.

maybe that person was rich and also stupid guy who willing to spend a lot of bitcoin to satisfy his hobby in gambling and i think this guy never thinking the risky for losing his money although it was happened last year when bitcoin price not really high just like this year but 50 btc still very big amount if only to spend for gambling

You really took it personal even more than someone who could have lost that amount of money. I really do not know why anyone would ever gamble with such huge amount of money when they are not a wicklehead.

Gambling is a huge risk like you have said, and it would take an unwise person to do something that huge. Even though the OP stated this in 2016 and even as at then, 50 BTC was not really that small, but for someone who is wise and can see the value this can be in future, it is just a careless decision to make and end up losing all ? I do not want to even think about it.

[ethereumhunter]

I think it's lose to much, must control the budget before lose to much. I think lose until 0.005 BTC is ok.
If not set budget and control like that, will lose until 100 BTC. For my suggest that amount (50 bitcoins) better do invest.

yeah if we have more than 100 btc then losing 50 btc is not be a problem. but most of people which only have less than 5 btc have big dreams to win much of bitcoin from gambling but some of them is loss more than half from the total amount they have. and yes i am agree to use 50 btc for investment because at least we can see that our bitcoin can works properly and we can have additional income so this will be a good lesson to us to prevent this so we can control our emotion.

[noel2123]

I have seen a guy loosing 1000 bitcoins in just one bet on justdice and another guy loosing more than 300+ btc on pd. but at that time btc was much less than 200$. This guy is really crazy or too rich to afford that much of money.

I agree seeing someone to bet 50 bitcoin when the price is already on 6K$ I really cant comprehend what kind of reasong was that ?  maybe he was just crazy or making stories , Owning already a 50 worth of bitcoins make you already rich I Just cant understand why you need to be richer ? are you not contented in your life ?