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S4VV4S
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April 08, 2014, 10:57:54 AM |
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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BitChick
Legendary
 Offline
Activity: 1148
Merit: 1001
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April 08, 2014, 02:52:27 PM |
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Not selling at £600+ I reckon now  That is only a bad decision until the price is double that in a few months.  |
1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
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bitcoinforhelp
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April 08, 2014, 05:01:57 PM |
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that is bad man, sorry for you personally, didint do any bad decision in bitcoin yet, im holding  |
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EasySam
Newbie
Offline
Activity: 37
Merit: 0
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April 09, 2014, 11:23:16 AM |
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diablo for 90 coins ? xD
shit... man
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dnaleor
Legendary
Offline
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
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April 09, 2014, 01:36:06 PM |
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a friend of mine mined a few (he cant remember how much, it was 2011 with his CPU. He mined a few days; anyboday a guesstimate?) coins but eventually deleted the software, thinking it was a trojan  |
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jdun
Member
Offline
Activity: 84
Merit: 10
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April 13, 2014, 12:19:21 AM |
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The worst bitcoin decision I made was to sleep in the day bitcoin was first announced to the world and to fail to get my ass out of bed and do a random search for new world currencies. I'm kicking myself everyday for being that drunken asshole that could not see the future.
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TwinWinNerD
Legendary
Offline
Activity: 1680
Merit: 1001
CEO Bitpanda.com
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April 13, 2014, 12:26:51 AM |
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Dunno - Investing in coinlenders
- mtgox btc?!?
- had my client in mBTC and sent someone 15 BTC instead of 15 mBTC, never heard of them again
- bitcoinica?!?
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MarketNeutral
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April 13, 2014, 12:34:02 AM |
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The worst? Deleting my 2010 wallet, because I concluded that relative to all the stress I was putting my CPUs, that mining bitcoin blocks (worth 50 btc back then) was too easy to give bitcoin any significant value. Wallet deleted. Binaries deleted. Let my servers rest. At that time, bitcoin seemed too esoteric and inexpensive to bother with, like an obscure geek experiment that would forever remain that way.
But I kept thinking about it, researching it, and eventually had another go at it.
....a common tale it seem.
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zeeshanblc
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April 13, 2014, 07:36:58 AM |
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Bought 200BTC at $18 more then a year ago, sold it for $80 thinking I made HUGE profit, classic screwup but who would know it would go to $1100
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apsvinet
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April 15, 2014, 04:29:44 PM |
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Bought 200BTC at $18 more then a year ago, sold it for $80 thinking I made HUGE profit, classic screwup but who would know it would go to $1100
Just like for everyone else thats the tricky part. You can't predict what's gonna happen. In my opinion you still made a good deal, although not optimal at all. |
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TwinWinNerD
Legendary
Offline
Activity: 1680
Merit: 1001
CEO Bitpanda.com
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April 15, 2014, 04:30:55 PM |
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Bought 200BTC at $18 more then a year ago, sold it for $80 thinking I made HUGE profit, classic screwup but who would know it would go to $1100
Just like for everyone else thats the tricky part. You can't predict what's gonna happen. In my opinion you still made a good deal, although not optimal at all. If i kept every bitcoin that I had , when I had the most, I would have >1mUSD at todays prices. Sucks but yeah, I made a concious decision to hedge my risks back then. |
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apsvinet
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April 15, 2014, 05:10:08 PM |
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Bought 200BTC at $18 more then a year ago, sold it for $80 thinking I made HUGE profit, classic screwup but who would know it would go to $1100
Just like for everyone else thats the tricky part. You can't predict what's gonna happen. In my opinion you still made a good deal, although not optimal at all. If i kept every bitcoin that I had , when I had the most, I would have >1mUSD at todays prices. Sucks but yeah, I made a concious decision to hedge my risks back then. Hah, yeah. It's a bit worse for the people who just lost them due to not caring as they weren't valuable at all, now realizing they'd be millionaires. |
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TwinWinNerD
Legendary
Offline
Activity: 1680
Merit: 1001
CEO Bitpanda.com
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April 15, 2014, 05:15:25 PM |
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Bought 200BTC at $18 more then a year ago, sold it for $80 thinking I made HUGE profit, classic screwup but who would know it would go to $1100
Just like for everyone else thats the tricky part. You can't predict what's gonna happen. In my opinion you still made a good deal, although not optimal at all. If i kept every bitcoin that I had , when I had the most, I would have >1mUSD at todays prices. Sucks but yeah, I made a concious decision to hedge my risks back then. Hah, yeah. It's a bit worse for the people who just lost them due to not caring as they weren't valuable at all, now realizing they'd be millionaires. Well, then thing is, they never invested real money. So it is no that sad actually. Like the guy that had 10000 BTC on a harddrive that he mined 5 years ago on a laptop and then the harddrive ended up on the wasteplant. Not much investment right there, but sure it sucks to lose out on so much money |
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apsvinet
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April 15, 2014, 05:16:52 PM |
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Bought 200BTC at $18 more then a year ago, sold it for $80 thinking I made HUGE profit, classic screwup but who would know it would go to $1100
Just like for everyone else thats the tricky part. You can't predict what's gonna happen. In my opinion you still made a good deal, although not optimal at all. If i kept every bitcoin that I had , when I had the most, I would have >1mUSD at todays prices. Sucks but yeah, I made a concious decision to hedge my risks back then. Hah, yeah. It's a bit worse for the people who just lost them due to not caring as they weren't valuable at all, now realizing they'd be millionaires. Well, then thing is, they never invested real money. So it is no that sad actually. Like the guy that had 10000 BTC on a harddrive that he mined 5 years ago on a laptop and then the harddrive ended up on the wasteplant. Not much investment right there, but sure it sucks to lose out on so much money Ah yeah. I've also had the policy to not invest any of my own money into bitcoins. I can't afford unsafe investments, even tho I'm fully aware I might regret it in 5 years. |
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TwinWinNerD
Legendary
Offline
Activity: 1680
Merit: 1001
CEO Bitpanda.com
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April 15, 2014, 05:19:07 PM |
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Bought 200BTC at $18 more then a year ago, sold it for $80 thinking I made HUGE profit, classic screwup but who would know it would go to $1100
Just like for everyone else thats the tricky part. You can't predict what's gonna happen. In my opinion you still made a good deal, although not optimal at all. If i kept every bitcoin that I had , when I had the most, I would have >1mUSD at todays prices. Sucks but yeah, I made a concious decision to hedge my risks back then. Hah, yeah. It's a bit worse for the people who just lost them due to not caring as they weren't valuable at all, now realizing they'd be millionaires. Well, then thing is, they never invested real money. So it is no that sad actually. Like the guy that had 10000 BTC on a harddrive that he mined 5 years ago on a laptop and then the harddrive ended up on the wasteplant. Not much investment right there, but sure it sucks to lose out on so much money Ah yeah. I've also had the policy to not invest any of my own money into bitcoins. I can't afford unsafe investments, even tho I'm fully aware I might regret it in 5 years. This hugely depends on your personal finances. If you have disposable income, why not throw 5% of that into a high risk/high reward investment. The upside is huge and the downside is limited to -100%. If you are also young , then this sounds like a snapcall to me. (It was for me). But be sure to not be emotional about it, and make decisions on fundametials , not panic and price.!!! |
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Bit_Happy
Legendary
Offline
Activity: 2100
Merit: 1040
A Great Time to Start Something!
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April 15, 2014, 06:50:28 PM |
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Summer 2012. Diablo 3. I bought in game gold with bitcoin @ $3/btc - Spent 90 coins for 500 million in game gold.
IGG = 35 cents / million now.
I lose.
/wrist
In hindsight that does look like a really bad move. Don't hurt yourself. |
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keithers
Legendary
Offline
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
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April 15, 2014, 07:11:35 PM |
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Not the worst by any means, but i think it was a bad decision for anyone who didn't add more to their holdings on this last dip down near $335. Understandably a lot of people have already invested all that they can afford into BTC or other alt-coins, but there really hasn't been any major substantiated news to cause the market to fall to those prices. It was obvious that purchasing at those levels would be profitable.
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boumalo
Legendary
Offline
Activity: 1904
Merit: 1018
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April 15, 2014, 07:12:42 PM |
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Bought 200BTC at $18 more then a year ago, sold it for $80 thinking I made HUGE profit, classic screwup but who would know it would go to $1100
Just like for everyone else thats the tricky part. You can't predict what's gonna happen. In my opinion you still made a good deal, although not optimal at all. If i kept every bitcoin that I had , when I had the most, I would have >1mUSD at todays prices. Sucks but yeah, I made a concious decision to hedge my risks back then. Hah, yeah. It's a bit worse for the people who just lost them due to not caring as they weren't valuable at all, now realizing they'd be millionaires. Well, then thing is, they never invested real money. So it is no that sad actually. Like the guy that had 10000 BTC on a harddrive that he mined 5 years ago on a laptop and then the harddrive ended up on the wasteplant. Not much investment right there, but sure it sucks to lose out on so much money Those who bought the coins didn't throw their hard drive away but most of them cashed out after +xxx% |
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rpietila
Donator
Legendary
Offline
Activity: 1722
Merit: 1036
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April 15, 2014, 07:23:06 PM |
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Not the worst by any means, but i think it was a bad decision for anyone who didn't add more to their holdings on this last dip down near $335. Understandably a lot of people have already invested all that they can afford into BTC or other alt-coins, but there really hasn't been any major substantiated news to cause the market to fall to those prices. It was obvious that purchasing at those levels would be profitable.
This will haunt them as we shatter $5(000) in August 11. |
HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
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LAMarcellus
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April 15, 2014, 07:42:11 PM |
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The worst? Deleting my 2010 wallet, because I concluded that relative to all the stress I was putting my CPUs, that mining bitcoin blocks (worth 50 btc back then) was too easy to give bitcoin any significant value. Wallet deleted. Binaries deleted. Let my servers rest. At that time, bitcoin seemed too esoteric and inexpensive to bother with, like an obscure geek experiment that would forever remain that way.
But I kept thinking about it, researching it, and eventually had another go at it.
....a common tale it seem.
Someday myths will be told about you. The tragic comedy of very early bitcoiners. Share more details and someday your story will end being quoted to posterity.  /  |
The only way to deal with an unfree world is to become so absolutely free that your very existence is an act of rebellion. – Albert Camus
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