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Author Topic: Worst bitcoin decision you've ever made?  (Read 97062 times)
Polyrhythm
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April 30, 2014, 05:18:43 AM
 #281

My sophomore year in college....classmates kept talking about bitcoin and asked me if I was going to buy some and I said something snobby like "sorry, I don't really have time to spend on online games and things like that"  Roll Eyes
solarion
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April 30, 2014, 05:33:50 AM
 #282

Paid scamfast for a batch 2 sierra in sept of 2013. This was to be delivered in november of 2013, but was instead delivered mid april of 2014. Nearly a total loss theft of 55btc.
notbatman
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April 30, 2014, 07:00:00 AM
 #283

Paid scamfast for a batch 2 sierra in sept of 2013. This was to be delivered in november of 2013, but was instead delivered mid april of 2014. Nearly a total loss theft of 55btc.

Black Arrow was selling feb 24th delivery. I've heard the horror stories from Butterfly Labs customers. I'm also hearing stories about Advanced Mining Technology not delivering.

Today I read that KnCMiner one of the companies that is actually delivering just had an entire batch of it's customers miners smashed up by it's shipping company.

Something stinks here.
solarion
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April 30, 2014, 07:14:02 AM
 #284

Something stinks here.

Pre-orders stink. Customers acting as creditors is a horrible idea and encourages fraud.
Malin Keshar
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April 30, 2014, 07:24:16 PM
 #285

almost bought some coins in early 2013, but didn't because I feared that I would need that money. Now BTC skyricketed, that money was not really necessary, and i'm here trying to recover that lost opportunity
jcoin200
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April 30, 2014, 07:29:40 PM
 #286

Sold all my gold/silver when price was at $1100+ per BTC.
troy112
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April 30, 2014, 07:47:03 PM
 #287

Not considering bitcoin could become this big when I first heard about it...
boumalo
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April 30, 2014, 07:59:30 PM
 #288

Not considering bitcoin could become this big when I first heard about it...

It is not that big yet but it may be in a few years

almost bought some coins in early 2013, but didn't because I feared that I would need that money. Now BTC skyricketed, that money was not really necessary, and i'm here trying to recover that lost opportunity

440$ leaves a lot of room for the price to skyrocked

Sold all my gold/silver when price was at $1100+ per BTC.

What do you mean?

jcoin200
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April 30, 2014, 08:09:03 PM
 #289

Sold all my gold/silver when price was at $1100+ per BTC.

What do you mean?
[/quote]

Sold it on coingig, for BTC.  When the exchange rate was much more favorable for the buyer.
Bit_Happy
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April 30, 2014, 08:12:59 PM
 #290

almost bought some coins in early 2013, but didn't because I feared that I would need that money. Now BTC skyricketed, that money was not really necessary, and i'm here trying to recover that lost opportunity

I sold way too much under $10 in 2012.
No regrets, we still have a chance to make progress now.

kingcrimson
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April 30, 2014, 08:19:22 PM
 #291

Labcoin, Active Mining, NeoBee. killed me. could have retired with what I lost in those
boumalo
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April 30, 2014, 09:59:31 PM
 #292

It is funny to notice the post is from April 2013 and members were frustrated not to have buy before but they could buy at 70$/coin and the price was 13$/coin two months before

DeboraMeeks
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May 01, 2014, 02:14:22 PM
 #293

Bought in at 800 or so..
Dogtanian
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May 01, 2014, 05:06:12 PM
 #294

Bought in at 800 or so..

All you can do is keep hodling in that case lol. Know a few people who are in your situation though.
Bit_Happy
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May 01, 2014, 05:33:15 PM
 #295

It is funny to notice the post is from April 2013 and members were frustrated not to have buy before but they could buy at 70$/coin and the price was 13$/coin two months before

When it made it to ~$40 (above the older all time high) I thought it would go down and rest a while.
Instead BTC started a HUGE Rally.
These markets are crazy, and still fun.  Smiley

Ayers
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May 01, 2014, 05:53:26 PM
 #296

It is funny to notice the post is from April 2013 and members were frustrated not to have buy before but they could buy at 70$/coin and the price was 13$/coin two months before

it's funny because this logic can be applyed now and forever

boumalo
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May 01, 2014, 06:30:19 PM
 #297

It is funny to notice the post is from April 2013 and members were frustrated not to have buy before but they could buy at 70$/coin and the price was 13$/coin two months before

When it made it to ~$40 (above the older all time high) I thought it would go down and rest a while.
Instead BTC started a HUGE Rally.
These markets are crazy, and still fun.  Smiley

When there is a fivefold or a tenfold increase in a month or two you can except a correction but if you sell after the fivefold price increase you may sell before a huge bull market and miss the train

freshprince
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May 08, 2014, 10:15:05 AM
 #298

two rules to bitcoin
1 - buy bitcoin 2 - dont sell bitcoin (till this goldrush is done - this could take some time.
then when market cap is reached (think BIG numbers), spend away... you'll never cash back to fiat as the bitcoin economy by then will be all encompassing.
it's still dirt cheap.
boumalo
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May 08, 2014, 10:21:08 AM
 #299

two rules to bitcoin
1 - buy bitcoin 2 - dont sell bitcoin (till this goldrush is done - this could take some time.
then when market cap is reached (think BIG numbers), spend away... you'll never cash back to fiat as the bitcoin economy by then will be all encompassing.
it's still dirt cheap.

The main mistake is to trade it when you are not good nor dedicated to winning because you will end up losing or winning less than if you just hold

A lot can go wrong but the US and Europe economies will suffer so much soon that I can't be anything but optimistic for Bitcoin

Carra23
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May 08, 2014, 08:53:25 PM
 #300

Just before the China run, when it was coming back from 200 I sold a bit, and did not buy back when it came down to 160. After that it ran straight to 800 before correcting again.
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