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Author Topic: Your Worst/Unluckiest noob mistake with BTC  (Read 3824 times)
wachtwoord
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May 04, 2013, 01:15:58 PM
 #61

I had ~400 coins between Pirate@40 and Hashking T-T
~6000 here -.-

To have a time machine to go back and kick myself in the balls, I had faith in bitcoin back then I should never have handed them over to anyone (There is a lesson here newbies, If your coins aren't in your wallet, they are not your coins)

I will probably never have near that many again.

-Blinded by greed.
*back to quietly licking my wounds*

Sweet Jesus.

It'd be worth your while finding the guy and getting them back or offering a bounty of half your recovered coins to someone? Heck, why not create a thread and offer that bounty here. I'm sure someone looking for up to 3000BTC would be happy to do it.

We have tried that offering significantly more than 50% (for either Trendon Shavers or Sam J Theofanopoulos). No-one bites. If you are interested I'm 100% certain we can come to an arrangement.
John (John K.)
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May 04, 2013, 01:17:28 PM
 #62

I had ~400 coins between Pirate@40 and Hashking T-T
~6000 here -.-

To have a time machine to go back and kick myself in the balls, I had faith in bitcoin back then I should never have handed them over to anyone (There is a lesson here newbies, If your coins aren't in your wallet, they are not your coins)

I will probably never have near that many again.

-Blinded by greed.
*back to quietly licking my wounds*

Sweet Jesus.

It'd be worth your while finding the guy and getting them back or offering a bounty of half your recovered coins to someone? Heck, why not create a thread and offer that bounty here. I'm sure someone looking for up to 3000BTC would be happy to do it.

We have tried that offering significantly more than 50% (for either Trendon Shavers or Sam J Theofanopoulos). No-one bites. If you are interested I'm 100% certain we can come to an arrangement.
Agreed. I'm sure I can get more people to chip in their %'s if it's a possible deal.
Inedible
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May 04, 2013, 01:17:45 PM
 #63


Sweet Jesus.

It'd be worth your while finding the guy and getting them back or offering a bounty of half your recovered coins to someone? Heck, why not create a thread and offer that bounty here. I'm sure someone looking for up to 3000BTC would be happy to do it.

We have tried that offering significantly more than 50% (for either Trendon Shavers or Sam J Theofanopoulos). No-one bites. If you are interested I'm 100% certain we can come to an arrangement.

Finding him is probably the easiest part.

Getting the Bitcoins out of him legally might be more difficult.

If this post was useful, interesting or entertaining, then you've misunderstood.
Anon136
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May 04, 2013, 01:19:26 PM
 #64

Me? I bought a few coins on MtGox a few weeks ago for $165 and was the second highest bidder before a ~>30% crash. Woops  Roll Eyes

Feel free to post pictures worth 1,000 descriptions of 'bad luck'.

i was active in the bitcoin community in 2010... i could have bought bitcoins for like 20 cents each and i wanted too. I didnt buy because getting mt gox funded was soo damn complicated.

if it was simpler to fund mtgox i would be a millionaire right now. Talk about a noob mistake.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
Nytcrawler
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May 04, 2013, 01:33:46 PM
 #65

Like so many others on here, I briefly came across Bitcoin mining 3 or so years ago - about the same time I came across Folding. Built and ran a Folding machine for a year or so and didn't bother without building a Mining Rig, as I deemed the power/hardware cost to be too high relative to return (back when people were regularly mining 0.5Bitcoin per day but Bitcoins were worth around $2 - and thought I was doing the world a good deed by Folding). Absolutely kicking myself now that I didn't run a Mining Rig for a few years - would have earnt in the vicinity of 500 Bitcoins since then, give or take Sad = around $50k plus (or $100k plus if I had sold at the right time).
pheaonix
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May 04, 2013, 01:58:31 PM
 #66


Sweet Jesus.

It'd be worth your while finding the guy and getting them back or offering a bounty of half your recovered coins to someone? Heck, why not create a thread and offer that bounty here. I'm sure someone looking for up to 3000BTC would be happy to do it.

We have tried that offering significantly more than 50% (for either Trendon Shavers or Sam J Theofanopoulos). No-one bites. If you are interested I'm 100% certain we can come to an arrangement.

Finding him is probably the easiest part.

Getting the Bitcoins out of him legally might be more difficult.

They have both been found. We know for certain Hashking (Sam) still owns a lot of Bitcoins (he recently sold all the HW that was collateral for our loans on the forum under an alias). His data is:

Personal Information:

RESIDENCE:

SAM THEOFANOPOULOS
9344 W VALLEY FARM DR
FRANKFORT, IL 60423-6505

BUSINESS:

Real People Realty / South & West Suburbs (More)
Sam Theofanopoulos
7262 W Benton Dr
Frankfort, IL 60423

 815-469-7449
 708-822-4450 cell phone

If you cannot find Pirate you should learn to use the search function Smiley

why don't you guys pay him a visit?

i don't see whats holding you back.

i would hunt him down for far less.

BTC.sx - Leveraged Bitcoin Trading. Simply use Bitcoin to take advantage of a rising or falling Bitcoin price.
Cyberdyne
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May 04, 2013, 02:02:36 PM
 #67


Sweet Jesus.

It'd be worth your while finding the guy and getting them back or offering a bounty of half your recovered coins to someone? Heck, why not create a thread and offer that bounty here. I'm sure someone looking for up to 3000BTC would be happy to do it.

We have tried that offering significantly more than 50% (for either Trendon Shavers or Sam J Theofanopoulos). No-one bites. If you are interested I'm 100% certain we can come to an arrangement.

Finding him is probably the easiest part.

Getting the Bitcoins out of him legally might be more difficult.

They have both been found. We know for certain Hashking (Sam) still owns a lot of Bitcoins (he recently sold all the HW that was collateral for our loans on the forum under an alias). His data is:

Personal Information:

RESIDENCE:

SAM THEOFANOPOULOS
9344 W VALLEY FARM DR
FRANKFORT, IL 60423-6505

BUSINESS:

Real People Realty / South & West Suburbs (More)
Sam Theofanopoulos
7262 W Benton Dr
Frankfort, IL 60423

 815-469-7449
 708-822-4450 cell phone

If you cannot find Pirate you should learn to use the search function Smiley

why don't you guys pay him a visit?

i don't see whats holding you back.

i would hunt him down for far less.

Don't forget to take your $5 wrench Wink

[insert relevant xkcd comic]
wachtwoord
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May 04, 2013, 02:06:48 PM
 #68

why don't you guys pay him a visit?

i don't see whats holding you back.

i would hunt him down for far less.

Many reasons. For one I live very far away.

I can offer you 50% of every Bitcoin you recover* for me and am completely certain many other will do too. Interested?

* For clarity: I am not asking you to break any laws and am therefore not liable if you choose to do so on your own accord.
safetyfirst55
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May 04, 2013, 02:09:06 PM
 #69

Bought in at 268 cause bought with a local guy. Immediately after the price dropped. Convinced my friend to buy also. We each dropped $6000 USD on btc at that price point.
wachtwoord
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May 04, 2013, 02:14:28 PM
 #70

Bought in at 268 cause bought with a local guy. Immediately after the price dropped. Convinced my friend to buy also. We each dropped $6000 USD on btc at that price point.

This is not a mistake as long as you don't sell.
joffrey
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May 04, 2013, 02:21:34 PM
 #71

Bought 1 BTC at 165$ just before the recent drop.

Played SatoshiDice without really knowing what I was doing, then lost almost 0.2 BTC. Had to play again and again and again (thanks stupid martingale strategy) to recover my loss, and finally won my bets back + 0.001 BTC.

And lastly, I installed a Google Chrome extension that would trade for me on Mt.Gox to automatically make some profit (yes, I really thought it could work), lost 0.2 BTC, bought back at current market price, forgot about the fees, waited for the price to get low again, and finally made 0.01 BTC of profit with all those transactions.

I think I'm done with noob mistakes. Cheesy
Anon136
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May 04, 2013, 02:31:21 PM
 #72

Bought in at 268 cause bought with a local guy. Immediately after the price dropped. Convinced my friend to buy also. We each dropped $6000 USD on btc at that price point.

people who bought in at the peak of the $30 bubble are doing pretty well right now, i wouldn't worry about it too much.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
Inedible
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May 04, 2013, 02:36:41 PM
 #73

I think I'm done with noob mistakes. Cheesy

Worst newbie mistake ever.

If this post was useful, interesting or entertaining, then you've misunderstood.
jcrubino
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May 04, 2013, 02:46:17 PM
 #74

GPU mining when it first became available while at the same time writing bitcoin off as neat little experiment.
The wallet.dat has been reformatted down at least three separate times.
gotforce
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May 04, 2013, 02:47:55 PM
 #75

Formatting a harddrive with a 20BTC wallet on it Sad

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SilentFlute
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May 04, 2013, 03:11:39 PM
 #76

I got back into mining in March 2013 - after a 9 month break - just as my last pool folded - mtred.

It was brilliant, I never had any complaints.

Unfortunately, looking for another PPS pool, I settled on Eclipse Mining (EMC) - run by Inaba.

I never knew anything about him or BF Labs before.

From the start, large blocks of my shares would randomly disappear and I wouldnt get paid for them. No reply from the admin (Inaba) and noobs trolling on their forum telling me it must be my fault 'just because' (no logical reasons given) and also saying that the safest place to keep your btc is at your EMC wallet - eg. only idiots use offline/backed-up wallets, etc.

A quick search of the forum showed other posts from users who'd lost shares. The best reply they got was Inaba saying that it must be their fault (not EMC'S), that he wasn't even going to bother checking if the fault was EMC'S and saying that the shares had gone 'poof'.

He tried this scam with me, (he'd finally replied after I posted that EMC was a scam) until I told him that I may be new to his pool but I am not new to mining.

His final reply was that I had an 'unusual' worker name and again the missing shares were my fault and that maybe changing my worker name would fix it! He also then went on to mock my worker name.
The crap that he spews is unreal. My worker name was the very unusual Silentflute.

Anyway, went to Slush's with no probs, then settled on 50BTC pool.

I thought scammers like EMC/Inaba wouldnt last long in this game but, beware everyone, wherever there is cake, the crap-sucking flies are all around trying steal a crumb.

Lesson learnt: don't believe a word Inaba/EMC says.
phyrexianslug
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May 04, 2013, 03:46:41 PM
 #77


Sweet Jesus.

It'd be worth your while finding the guy and getting them back or offering a bounty of half your recovered coins to someone? Heck, why not create a thread and offer that bounty here. I'm sure someone looking for up to 3000BTC would be happy to do it.

We have tried that offering significantly more than 50% (for either Trendon Shavers or Sam J Theofanopoulos). No-one bites. If you are interested I'm 100% certain we can come to an arrangement.

Finding him is probably the easiest part.

Getting the Bitcoins out of him legally might be more difficult.

They have both been found. We know for certain Hashking (Sam) still owns a lot of Bitcoins (he recently sold all the HW that was collateral for our loans on the forum under an alias). His data is:

Personal Information:

RESIDENCE:

SAM THEOFANOPOULOS
9344 W VALLEY FARM DR
FRANKFORT, IL 60423-6505

BUSINESS:

Real People Realty / South & West Suburbs (More)
Sam Theofanopoulos
7262 W Benton Dr
Frankfort, IL 60423

 815-469-7449
 708-822-4450 cell phone

If you cannot find Pirate you should learn to use the search function Smiley

why don't you guys pay him a visit?

i don't see whats holding you back.

i would hunt him down for far less.

Don't forget to take your $5 wrench Wink

[insert relevant xkcd comic]



Awwwww Yeah:
http://xkcd.com/538/
Cyberdyne
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May 04, 2013, 03:55:22 PM
 #78


Sweet Jesus.

It'd be worth your while finding the guy and getting them back or offering a bounty of half your recovered coins to someone? Heck, why not create a thread and offer that bounty here. I'm sure someone looking for up to 3000BTC would be happy to do it.

We have tried that offering significantly more than 50% (for either Trendon Shavers or Sam J Theofanopoulos). No-one bites. If you are interested I'm 100% certain we can come to an arrangement.

Finding him is probably the easiest part.

Getting the Bitcoins out of him legally might be more difficult.

They have both been found. We know for certain Hashking (Sam) still owns a lot of Bitcoins (he recently sold all the HW that was collateral for our loans on the forum under an alias). His data is:

Personal Information:

RESIDENCE:

SAM THEOFANOPOULOS
9344 W VALLEY FARM DR
FRANKFORT, IL 60423-6505

BUSINESS:

Real People Realty / South & West Suburbs (More)
Sam Theofanopoulos
7262 W Benton Dr
Frankfort, IL 60423

 815-469-7449
 708-822-4450 cell phone

If you cannot find Pirate you should learn to use the search function Smiley

why don't you guys pay him a visit?

i don't see whats holding you back.

i would hunt him down for far less.

Don't forget to take your $5 wrench Wink

[insert relevant xkcd comic]



Awwwww Yeah:
http://xkcd.com/538/

Yes, my point being, what are you actually going to do when you meet this guy? Do you seriously think you will be able to get bitcoins out of him?
FeatherLite
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May 04, 2013, 04:02:28 PM
 #79

My first time buying a Bitcoin was on ebay,  I had no idea what I was doing and ended up paying $3.65 for 0.001 (.13 cents at the time) looool!
wachtwoord
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May 04, 2013, 04:06:45 PM
 #80

My first time buying a Bitcoin was on ebay,  I had no idea what I was doing and ended up paying $3.65 for 0.001 (.13 cents at the time) looool!

New ATH: $3650/BTC!
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