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Author Topic: What are the biggest mistakes you've done with Bitcoin?  (Read 18081 times)
julius
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September 27, 2013, 09:06:29 AM
 #121

Bump.
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davidgdg
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September 27, 2013, 09:35:38 AM
 #122

Lost about 200 BTC on the GLBSE fiasco. Some to Pirate scam bonds, some to bonds that disappeared when GLBSE disappeared, and some just because ASICS destroyed the returns. Now strictly buy and hold (except for the odd small purchase to encourage vendors).

"There is only one thing that is seriously morally wrong with the world, and that is politics. By 'politics' I mean all that, and only what, involves the State." Jan Lester "Escape from Leviathan"
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September 27, 2013, 02:43:57 PM
 #123

traded 1300 btc for a new computer worth about $800

selling 5000 btc when the price hit $1

lost a LOT in pirate scheme

didnt buy 10 avalon bacth1 or batch 2
hathmill
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September 27, 2013, 03:35:52 PM
 #124

Used a non-standard client and lost about one coin in fee.
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September 27, 2013, 04:08:30 PM
 #125

My biggest mistake was notting getting into mining or at least mine on my PC back when I first ran across Bitcoin which was early 2011.  I loaded the mining program and starting mining. I read some article saying it could hurt my mac so I turned it off.

It was a one night thing and I was starting a new business at the time so I just forgot about it.

I wonder how many coins I could have mined back then on my mac......................
TheButterZone
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September 27, 2013, 10:28:25 PM
 #126

Left <2 BTC on BitFloor on a limit sell before the site got hacked.

Saying that you don't trust someone because of their behavior is completely valid.
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September 28, 2013, 10:51:22 AM
 #127

biggest mistake was not getting into it in 2010/2011 when I first heard of it. I remember brushing it of as some geek nonsense. yeesh..
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October 02, 2013, 02:33:13 AM
 #128

Thinking that bitcoin is a scam when it is really cheap (about 1$) without really trying to understand it. Years later when bitcoin become 100$, then only I start to do research and read on it Sad

jeppe
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November 09, 2013, 12:29:26 AM
 #129

bought asics when they arrived they were worth only 1/3 of the price i payed and sold them for a loss of 3 BTC :/
OneMoreHuman
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November 09, 2013, 01:12:10 AM
 #130

Using btc.sx, I leverage traded 2 BTC's.
It was that night that Baidu announced their acceptance of Bitcoin.
The price dropped a few dollars before it continued climbing.
I didn't realize that if you hit the stop price, you lose ALL of your investment.
I still haven't recovered that back. Cry
MelodyRowell
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November 09, 2013, 01:39:00 AM
 #131

Did not buy any Bitcoin before this hike....
proudhon
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November 09, 2013, 01:42:13 AM
 #132

Had ~150 BTC sitting in bitcoinica.

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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November 09, 2013, 02:56:53 AM
 #133

I'd say not buying more of it when it was in it's infancy.
beetcoin
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November 09, 2013, 03:28:36 AM
 #134

i knew about bitcoins since late 2011, and only until early this year did i get involved. big, wasted opportunity. i guess that's the price you have to pay by being lazy. it's also probably my fault for not having the foresight to see the potential in BTC.
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November 09, 2013, 04:08:41 AM
 #135

selling a piece of mining hardware (through craigslist) to an international buyer....

i was young and dumb.
irpirate
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November 09, 2013, 04:32:33 AM
 #136

My biggest mistake has to be finding out about bitcoin way too late  Sad.
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November 09, 2013, 06:01:24 AM
 #137

Deleting Bitcoin-QT in 2010 because the blockchain took too long to download.
mb300sd
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November 09, 2013, 06:39:13 AM
 #138

Deleting Bitcoin-QT in 2010 because the blockchain took too long to download.

There was no -QT in 2010 Wink it was wxBitcoin

1D7FJWRzeKa4SLmTznd3JpeNU13L1ErEco
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Bitcoin / Crypto mining Hardware.


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November 09, 2013, 06:58:36 AM
 #139

Order ASIC from BFL!

Revewing Bitcoin / Crypto mining Hardware.
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November 09, 2013, 08:27:34 AM
 #140

my biggest mistake was also what helping support the btc economy, spending them.
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