Bitcoin Forum
December 11, 2024, 11:47:32 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3] 4 5 6 7 8 9 10 11 12 »  All
  Print  
Author Topic: What are the biggest mistakes you've done with Bitcoin?  (Read 18225 times)
mokahless
Sr. Member
****
Offline Offline

Activity: 471
Merit: 256



View Profile
April 03, 2013, 07:28:27 AM
 #41

Paying for mining equipment in bitcoin instead of USD. But that is circumstantial. Had BTC gone down in price, I would have been better off. I admit I had less confidence in the system back then.
I am also not a large risk taker to I wanted to keep my risk within the bitcoin ecosystem.

Even earlier on, forgot the password to my first wallet containing 3BTC. Then found out that I had also lost the wallet.dat file when I tried to look for it this year.

Ivica
Full Member
***
Offline Offline

Activity: 218
Merit: 100


Firstbits: 19e3fc


View Profile
April 03, 2013, 08:23:17 AM
 #42

Gambled 1btc away. Yet my biggest mistake. I don't consider missed opportunities mistakes though.

19e3fcoLTu8YVFAU1NywJ88YnHH5kF8ScP - donations are welcome.
dserrano5
Legendary
*
Offline Offline

Activity: 1974
Merit: 1030



View Profile
April 03, 2013, 09:01:46 AM
 #43

Not getting into the mining business in 2011. My motherboard is an old one, without PCI-E sockets, and I didn't want to renew the whole computer since it worked (and works) fine.
phelix
Legendary
*
Offline Offline

Activity: 1708
Merit: 1020



View Profile
April 03, 2013, 10:22:45 AM
 #44

1.) Installed the client some time around December 2010. Set it to "mine". It made my laptop go loud and hot. Nothing else happened for the 30 seconds my patience lasted. Deinstalled it right away thinking there was no point to it at all. Had I only started GPU mining right away... it was hilariously profitable back then.

Took me several month to randomly bump into Bitcoin again and finally understand it's implications.

2.) GLBSE
Peter Lambert and his LIF stuff.
Some other company that I really deserved to loose on.
Zipconf (Still think it was a good idea)

3.) Not selling a single coin in the 2011 bubble.
To buy back at lower prices. Hmm, this one seems to remind me of something............
carborundum
Newbie
*
Offline Offline

Activity: 57
Merit: 0



View Profile
April 03, 2013, 10:43:20 AM
 #45


3.) Not selling a single coin in the 2011 bubble.
To buy back at lower prices. Hmm, this one seems to remind me of something............

I can just imagine a this post in six months with people say "If *only* I sold at $134!!" with the price being ~$10 Cheesy
addi
Hero Member
*****
Offline Offline

Activity: 626
Merit: 500


https://satoshibet.com


View Profile WWW
April 03, 2013, 10:48:18 AM
 #46

Trusting cloud wallets Smiley

phelix
Legendary
*
Offline Offline

Activity: 1708
Merit: 1020



View Profile
April 03, 2013, 11:48:36 AM
 #47


3.) Not selling a single coin in the 2011 bubble.
To buy back at lower prices. Hmm, this one seems to remind me of something............

I can just imagine a this post in six months with people say "If *only* I sold at $134!!" with the price being ~$10 Cheesy
Or the other way round. Unbelievable how people are still buying at 139+$
GernMiester
Sr. Member
****
Offline Offline

Activity: 285
Merit: 250


View Profile
April 03, 2013, 01:49:39 PM
 #48

Stopped mining in 09 the same day I started becasue BTC was worthless and I didn't make any coins in an hour or so..

 Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry
t3c
Newbie
*
Offline Offline

Activity: 23
Merit: 0


View Profile
April 03, 2013, 03:43:00 PM
 #49

Starting in 2010 but then went RTW so couldn't mine whilst away easily
Starting again in late 2011 and realising that i didn't have enough GPU power to hand to make it worthwhile initially
Not buying the 100 coins i would've bought in Oct 2012 had my boiler not blown up that very same week.

Onwards and upwards, 1000 USD a coin soon right?  Wink
whiskers75
Hero Member
*****
Offline Offline

Activity: 658
Merit: 502


Doesn't use these forums that often.


View Profile
April 03, 2013, 03:46:00 PM
 #50

I thought 'Ah, yay, Bitcoin! I've got 5BTC and I'll go spending crazy.'
~ few years later ~
What!! Bitcoin's worth $141??? AAARRRGHH!!

Elastic.pw Elastic - The Decentralized Supercomputer
ELASTIC ANNOUNCEMENT THREAD | ELASTIC SLACK | ELASTIC FORUM
Spaceman_Spiff
Legendary
*
Offline Offline

Activity: 1638
Merit: 1001


₪``Campaign Manager´´₪


View Profile
April 03, 2013, 11:01:51 PM
 #51

I wouldn't call it a mistake, but I started investing $4k dollars in mining equipment and a similar amount in buying BTC directly when BTC was at $8 back in mid last year...
If I invested all 8K in BTC directly, I'd have way more coins! Smiley



I am betting some people on this forum would give their left nut to have made a 'mistake' like that.
hyunmi
Newbie
*
Offline Offline

Activity: 11
Merit: 0



View Profile
April 04, 2013, 01:11:06 AM
 #52

Trusting anything to be reliable. Mt.Gox's API failed on me at the worst possible time. = losses of 100BTC  Undecided well.....
ralree
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


Manateeeeeeees


View Profile
April 04, 2013, 02:22:58 AM
 #53

Loaned a total of 40BTC out on btcjam.  Lost most of it - sad times.  I hate scammers.

1MANaTeEZoH4YkgMYz61E5y4s9BYhAuUjG
BitcoinTate
Full Member
***
Offline Offline

Activity: 224
Merit: 100


DigiByte Founder


View Profile
April 04, 2013, 02:24:14 AM
 #54

Twice now was I positive that we had hit the top, so I sold.... only to buy back in higher. Lesson learned. lol

- aka The "DigiMan"
chiliftw
Member
**
Offline Offline

Activity: 86
Merit: 10


View Profile
April 04, 2013, 10:44:19 AM
 #55

Trusting shitmarket.eu - twice! The transactions went fine everytime, the users were cool but using it as an online wallet was...expensive... I lost 50 BTC because the admin gambled at first with user´s money (bitcoinica), then got "hacked" Angry
Endgame
Sr. Member
****
Offline Offline

Activity: 412
Merit: 250



View Profile
April 04, 2013, 12:00:45 PM
 #56

Twice now was I positive that we had hit the top, so I sold.... only to buy back in higher. Lesson learned. lol

Long term hold seems to be the only safe strategy when it comes to bitcoin. At least so far anyway.
endlessdark
Member
**
Offline Offline

Activity: 68
Merit: 10


View Profile
April 04, 2013, 12:02:25 PM
 #57

I panic sold most of my btc yesterday at 115USD  Embarrassed
DarkHyudrA
Legendary
*
Offline Offline

Activity: 1386
Merit: 1000


English <-> Portuguese translations


View Profile
April 04, 2013, 12:05:00 PM
 #58

I never did this, but I already saw someone sending Bitcoins to the worng address, I think that this is the most Epic Fail someone can do.

English <-> Brazilian Portuguese translations
knight22
Legendary
*
Offline Offline

Activity: 1372
Merit: 1000


--------------->¿?


View Profile
April 04, 2013, 12:06:27 PM
 #59

I never did this, but I already saw someone sending Bitcoins to the worng address, I think that this is the most Epic Fail someone can do.

Yep and I did that already. I sent 1 btc to a wrong address, probably a wrong instawallet address.

John (John K.)
Global Troll-buster and
Legendary
*
Offline Offline

Activity: 1288
Merit: 1227


Away on an extended break


View Profile
April 04, 2013, 12:08:14 PM
 #60

I never did this, but I already saw someone sending Bitcoins to the worng address, I think that this is the most Epic Fail someone can do.

Yep and I did that already. I sent 1 btc to a wrong address, probably a wrong instawallet address.
+1. Let us pray for the coins sent to oblivion...
(https://bitcointalk.org/index.php?topic=158175.0)

And 'investing' in Pirate.  Embarrassed
Pages: « 1 2 [3] 4 5 6 7 8 9 10 11 12 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!