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Author Topic: What are the biggest mistakes you've done with Bitcoin?  (Read 17366 times)
chiliftw
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April 04, 2013, 10:44:19 AM
 #61

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
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sedeki
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April 04, 2013, 11:01:45 AM
 #62

Okay, I have updated the list.

Still looking for an answer on what exactly when wrong with the MtGox API, from the poster of this:
"Trusting anything to be reliable. Mt.Gox's API failed on me at the worst possible time. = losses of 100BTC"
Endgame
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April 04, 2013, 12:00:45 PM
 #63

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
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April 04, 2013, 12:02:25 PM
 #64

I panic sold most of my btc yesterday at 115USD  Embarrassed
DarkHyudrA
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April 04, 2013, 12:05:00 PM
 #65

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
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April 04, 2013, 12:06:27 PM
 #66

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.

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April 04, 2013, 12:08:14 PM
 #67

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

My BTC Tip Jar: 1Pgvfy19uwtYe5o9dg3zZsAjgCPt3XZqz9 , GPG ID: B3AAEEB0 ,OTC ID: johnthedong
Escrow service is available on a case by case basis! (PM Me to verify I'm the escrow!)

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April 04, 2013, 12:13:57 PM
 #68

Putting most of my coins in Bitcoinica (SCUMBAAAAAAAGS!!!!)
deathcode
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April 04, 2013, 01:36:37 PM
 #69

I panic sold most of my btc yesterday at 115USD  Embarrassed

I hope you have learned your lesson...

t3c
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April 08, 2013, 05:10:58 PM
 #70

Unless they hit 100K a pop i am never selling

....although if that happens >...

 ✰ If You Risk Nothing, You Risk Everything | PrimeDice.com | The New Way To Roll |  (https://PrimeDice.com) *Thread* (https://bitcointalk.org/index.php?topic=208986.0)

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April 08, 2013, 05:16:17 PM
 #71

"Hoooold for the longest time."

- aka The "DigiMan"
Matthew N. Wright
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April 08, 2013, 05:18:49 PM
 #72

Not sure it applies since it's more related to the bitcoin community than bitcoin itself, but https://bitcointalk.org/index.php?topic=161710








vvvv LOL Priceless.

chriswilmer
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April 08, 2013, 05:24:08 PM
 #73

Not exactly in the theme of this thread, but I once sent 10 btc to the wrong address by accident. I Google'd the address and it turned out to be Gavin's. He sent them back to me Smiley

Lucky break!
sedeki
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April 08, 2013, 08:45:52 PM
 #74

Not exactly in the theme of this thread, but I once sent 10 btc to the wrong address by accident. I Google'd the address and it turned out to be Gavin's. He sent them back to me Smiley

Lucky break!
Awesome! This is going on the list.
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April 08, 2013, 08:51:23 PM
 #75

organized lending.
sedeki
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April 08, 2013, 08:52:52 PM
 #76

organized lending.
Care to elaborate?
kwukduck
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April 08, 2013, 10:33:50 PM
 #77

Worst mistake was trusting MtGox with my bitcoins. Lost pretty much all i had back then due to this lame vulnerability on their site.

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April 09, 2013, 02:10:03 AM
 #78

Lost a bunch of BTC on tradehill and never could get it back. Also lost BTC on the 1st mtGox hack.

Botcoin - An Open Source PHP Bitcoin bot for retrieving market data.
Enjoy it, please donate: 1K2JWmpd75ehXxco1SWtGLaceQsRytpyEv
NikolaTesla
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April 09, 2013, 02:23:54 AM
 #79

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

I have thought about selling a number of times in the last few days, but each time I wake up and check the price on mtgox I end up quite happy that I didn't. I think I am just going to hold indefinitely regardless of what the price does, and when more and more shops begin accepting BTC i will use it for its intended purpose - as a currency.

Do as thou wilt shall be the whole of the law.
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April 09, 2013, 04:07:34 AM
 #80

Back when coins were around 10-15 I gambled some BTC at Bitzino. Playing blackjack I went from 6 BTC to 14BTC in 2 days. Could have stopped there, but pushed my luck. Lost it all within a couple minutes. Martingale betting is fun and profitable for awhile but it will bite you in the ass if you get greedy.

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