losing 50 bitcoins gambling

[paul00]

If i lost 50 bitcoins in gambling with the current rate now, oli would probably call myself an addict. Funny but it's already equivalent to millions in our currency and being able to lost that much is not a good thing. Maybe regret that i lost it thru that and for sure will make a lesson for me to always set limitations especially in gambling for it's really tempting.

[marlboroza]

If i lost 50 bitcoins in gambling with the current rate now, oli would probably call myself an addict. Funny but it's already equivalent to millions in our currency and being able to lost that much is not a good thing. Maybe regret that i lost it thru that and for sure will make a lesson for me to always set limitations especially in gambling for it's really tempting.

Yes, but this was in may 2016. when bitcoin price was 400$, $20K can't be compared to $300K.
Probably this player had $20K which he could afford to lose, I know it sounds big to you and me and most people here, but rich people are gambling too and this is probably nothing to them.

[wilberthh]

Well If I lost 50 btc ... I might go nuts lol

[equator]

If i lost 50 bitcoins in gambling with the current rate now, oli would probably call myself an addict. Funny but it's already equivalent to millions in our currency and being able to lost that much is not a good thing. Maybe regret that i lost it thru that and for sure will make a lesson for me to always set limitations especially in gambling for it's really tempting.

Yes, but this was in may 2016. when bitcoin price was 400$, $20K can't be compared to $300K.
Probably this player had $20K which he could afford to lose, I know it sounds big to you and me and most people here, but rich people are gambling too and this is probably nothing to them.

What you told is correct as this bet is in btc that is why it make difference because of when the bet was made that time btc price was very low and if you calculate in usd then that much of bet as usually made by big gamblers so it wont have affected him, but thinking of betting with this much high bet you wont have guts to bet it. and even the gambling site also wont support that much high bets.

[thesosorr]

Simply suffocating chest when experiencing defeat, about a month ago i lost gambling that i think big around 3btc in dice gambling. I am not provoked emotion to make a bigger deposit even though i am capable, in fact i am still positive think that 3btc is missing isn't mine. And letting it pass is better, than thinking about what's gone.

[milewilda]

If i lost 50 bitcoins in gambling with the current rate now, oli would probably call myself an addict. Funny but it's already equivalent to millions in our currency and being able to lost that much is not a good thing. Maybe regret that i lost it thru that and for sure will make a lesson for me to always set limitations especially in gambling for it's really tempting.

Yes, but this was in may 2016. when bitcoin price was 400$, $20K can't be compared to $300K.
Probably this player had $20K which he could afford to lose, I know it sounds big to you and me and most people here, but rich people are gambling too and this is probably nothing to them.

What you told is correct as this bet is in btc that is why it make difference because of when the bet was made that time btc price was very low and if you calculate in usd then that much of bet as usually made by big gamblers so it wont have affected him, but thinking of betting with this much high bet you wont have guts to bet it. and even the gambling site also wont support that much high bets.

On those times those gamblers wouldnt really be affected but yet 50 bitcoins on those times is still big and only a whale could afford to do make such betting. If we do try to look on its current rate on that 50 bitcoins it is almost $285k which it is really too much on wasting up playing gambling and for sure gambler would remember this moment will surely regret on how much cost did he lost up.

[Soranith]

If i lost 50 bitcoins in gambling with the current rate now, oli would probably call myself an addict. Funny but it's already equivalent to millions in our currency and being able to lost that much is not a good thing. Maybe regret that i lost it thru that and for sure will make a lesson for me to always set limitations especially in gambling for it's really tempting.

Yes, but this was in may 2016. when bitcoin price was 400$, $20K can't be compared to $300K.
Probably this player had $20K which he could afford to lose, I know it sounds big to you and me and most people here, but rich people are gambling too and this is probably nothing to them.

What you told is correct as this bet is in btc that is why it make difference because of when the bet was made that time btc price was very low and if you calculate in usd then that much of bet as usually made by big gamblers so it wont have affected him, but thinking of betting with this much high bet you wont have guts to bet it. and even the gambling site also wont support that much high bets.

On those times those gamblers wouldnt really be affected but yet 50 bitcoins on those times is still big and only a whale could afford to do make such betting. If we do try to look on its current rate on that 50 bitcoins it is almost $285k which it is really too much on wasting up playing gambling and for sure gambler would remember this moment will surely regret on how much cost did he lost up.

They probably did not think that bitcoin price will skyrocket and only bought bitcoin for the sake of gambling. And yes even if bitcoin at that time is just $400 its still a big money to waste he must be very rich man who throw away his $20,000 money in gambling.

[BitcoinPC]

I can't bear it, because it is not a small lose, when this thread was come then in that date, bitcoin has no biggest rate, and now bitcoin has too much biggest price then definitely if anyone have that lose of 50 btc then it is not easy to bear it. Even i don't want to think about it. In gambling it is nature we will get lose, but if we accidentally have lost of 50 btc then it is hard.

[Slark]

The first thought when you find out that someone lost 50 BTC as a result of failed bet is obviously: "OMG this is crazy it is a LOT of money, it is a crazy huge loss"!
But in reality most of the people who bet a huge amount of money like that are part of ultra-early adopters club, they probably have like thousands of BTC stockpiled around.
It is not a big loss then you lost 50 BTC and still have more than 10.000 more to spend on gambling, right?

[yoseph]

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.

Even when i lose $10 gambling i get very pissed knowing full well that i could have used the money to buy beer and i really dont get carried away when gambling and i see that i am losing continuously i just stop.

[SaShiRaJaVu]

Gambling is gambling. It doesn't take any skills. You can use any strategy you want but in the end you won't be able to affect the score/result. Since you lost 50btc like in one bet i don't think that's was all you got. Stay cool, stay away from gambling.

One thing i am not sure is how is he able to wage a single 50 bitcoin bet at one go,i am really skeptical because i am sure no site will allow you to wage that much coin at one go and that too with odds for 1.7 ,either way it is a really big loss and the single most loss i have seen in one bet ,i could be wrong because the said bet is done during 2016 but if i remember correctly we could not wage that much amount in a single bet.

[South Park]

When you gamble with amounts of 50btc then hopefully you can afford to lose. Personally I should never bet such amounts even when I could afford it. Sometimes you think it will be a 100% hit but that is not always the ways it go.

You would think so, but most gamblers do not work like that, if the person that lost that bet can afford it then that is fine but I think this was not the case, maybe he was using some martingale system and he was forced to make that huge bet in order to recover his previous losses.

[Chris314]

ON may, 17th 2016, 50BTC was around 20 000€, today 20 k€ is less than 5BTC. It's quite some money, but isn't as impressive as a 50BTC loss today.

[chris200x9]

ON may, 17th 2016, 50BTC was around 20 000€, today 20 k€ is less than 5BTC. It's quite some money, but isn't as impressive as a 50BTC loss today.

Even 20 000€ money is not a small amount to lose for most of the people. I think these high rollers look like very early Bitcoin investors so they will not worry much to bet so high. But I don't think now with such high price anyone will be ready to spend so many bitcoins on these games. It's really a huge amount to lose.

[DrGuns4Hands]

I never have an amount like that even back then on mid 2016. If i lose 50 btc in gambling i definitely suicide after that haha. I never bet a huge value in a single bet i still prefer betting on a small amount atleast i don't have any regrets when I lose. even in a small amount you can win a big prizes just play gambling for a long run and you can see your winnings after that.

[Indrawan77]

Of course I will be frustrated and regret, I will feel I become the stupidest person in the world, but I am sure that person already prepared to lost that amount, gambling is about luck even with the sport betting sometimes skills is not enough to make you win,  I ever lost 1 btc to the sport betting, one of the most memorable lost is because the player injured so the match was cancelled and I lost my money

[Aleator]

If he buy the bitcoin at current prices it must be a huge amount, but how if he buy on 5-6 years ago, and he got a lot of profit from this day.
I assume he already profit and just try his luck, or maybe he wrong put the deposit address. who knows

[qwertyup23]

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.

[roomfirst]

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.

damn that is tough man but it was 2016

[illicit]

50 bitcoins is a big money. If I loss that huge money I'll definitely be stressed and cry every time I think about it. Imagine what kind of things or goods you can buy to that huge amount of money.