KieranJones1 (OP)
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Merit: 10
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November 27, 2013, 01:40:01 AM |
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So this picture from my Localbitcoins.com account history haunts me. If I'd kept that BTC for just a few weeks, I'd have made more than double profit, but instead I spent it straight away! (£98.11 = $159.05 at the time of writing) As a broke university student, I could really have used that extra cash, but oh well! Share evidence of your biggest Bitcoin mistakes here  |
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"With e-currency based on cryptographic proof, without the need to
trust a third party middleman, money can be secure and transactions
effortless." -- Satoshi
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auto2nr1
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November 27, 2013, 03:01:01 AM
Last edit: November 27, 2013, 07:17:44 AM by auto2nr1 |
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Not holding onto all the coins that was purchased or mined.
EDIT: Investing in Labcoin (Bitcoin Security)
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jojo69
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diamond-handed zealot
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November 27, 2013, 03:03:16 AM |
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boring thread
everybody has the same mistake
EVER SELLING OR LOSING A COIN
EVER!
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This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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Kluge
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November 27, 2013, 03:04:21 AM |
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I bought today @ $950. Oops.
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testerx
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November 27, 2013, 03:04:33 AM |
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Bought some 5770s and 5830s and mined on them back in the day and sold most of my bitcoins to pay for the cards. At like 8-12 bucks  |
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KieranJones1 (OP)
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Activity: 126
Merit: 10
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November 27, 2013, 03:05:25 AM |
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People still enjoy discussing the two million dollar pizza (now worth even more!), although I admit that's probably a special case. Really, I just created this thread because when a mistake tortures you, it can be helpful to share it |
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jojo69
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diamond-handed zealot
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November 27, 2013, 03:05:56 AM |
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I bought today @ $950. Oops.
what? you're $15 up |
This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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Kluge
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Activity: 1218
Merit: 1015
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November 27, 2013, 03:06:23 AM |
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I bought today @ $950. Oops.
what? you're $15 up What do you think I do, trade on Gox?  |
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KieranJones1 (OP)
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Activity: 126
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November 27, 2013, 03:06:50 AM |
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I bought today @ $950. Oops.
Too early to call that a mistake! Good luck, though! |
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jojo69
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Activity: 3150
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diamond-handed zealot
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November 27, 2013, 03:07:37 AM |
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Really, I just created this thread because when a mistake tortures you, it can be helpful to share it OK, then the bitcoin mistake that tortures me the most is ever believing a goddamn thing Josh/Inaba ever had to say |
This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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findiggle
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Activity: 11
Merit: 0
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November 27, 2013, 04:22:30 AM |
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Easily everyone's biggest mistake was not buying or mining sooner, so I guess your question is really about our second biggest mistakes?
In my case, that's easy. I issued an international wire transfer for many thousands of USD to BTC-e at the beginning of November, to get in on the jump we all knew was coming. I'm still waiting for those funds to be credited to my account. I assume BTC-e are using it for their own purposes, and having a big laugh at my expense. I've started calling this practice of theirs charging people for the privilege of giving BTC-e an interest free loan.
I surely won't do that again. My bank will soon issue a chargeback on those funds. I've heard this story again and again, so maybe it's my fault for thinking it wouldn't happen to me. Maybe my timing was just bad: these stories seem to have multiplied since.
All my transactions since have been on Coinbase, and I couldn't be happier.
- Findiggle.
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bitcoinpsftp
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Activity: 84
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November 27, 2013, 06:16:21 AM |
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Probably my biggest mistake was wanting to invest in BTC when it was at 50$, and after searching, and not finding an easy way to buy, I gave up. Should have tried fucking harder, would have invested about 1k in them, turning that into almost 20k today |
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ktorn
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November 27, 2013, 06:27:58 AM |
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*Only* 2 major mistakes:
1) May 2011: Found out about Bitcoin. Received BTC .02 from the faucet. Did not invest in mining hardware.
2) April 2013: Invested in mining hardware (BFL) instead of just buying BTC.
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marcotheminer
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┴puoʎǝq ʞool┴
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November 27, 2013, 07:25:15 AM |
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I bought today @ $950. Oops.
Too early to call that a mistake! Good luck, though! A few years from now maybe youll regret not buying more at that price!  ahhahah |
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obryan20
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November 27, 2013, 07:36:34 AM |
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I suppose my biggest mistake was holding off on buying more when the price had dipped below $100 after the Silk Road was shut down. The price then started climbing and hasn't stopped since.
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KieranJones1 (OP)
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Activity: 126
Merit: 10
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November 27, 2013, 07:39:19 AM |
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I suppose my biggest mistake was holding off on buying more when the price had dipped below $100 after the Silk Road was shut down. The price then started climbing and hasn't stopped since.
I feel slightly less bad about not investing after the SR takedown, since that felt like a pretty legitimate reason why BTC might not have recovered. Before that, though? I really should've invested! |
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psjbeisler
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November 27, 2013, 11:42:21 AM |
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I suppose my biggest mistake was holding off on buying more when the price had dipped below $100 after the Silk Road was shut down. The price then started climbing and hasn't stopped since.
I feel slightly less bad about not investing after the SR takedown, since that felt like a pretty legitimate reason why BTC might not have recovered. Before that, though? I really should've invested! Even tho SR is back up, and there are alternates. (just sayin) |
Website: psjb.meDonations: 1N6iADU4xrQRGaxjTY9PcJKkEQDRkBVUC3 |
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bitcoinpsftp
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November 27, 2013, 11:51:34 AM |
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I suppose my biggest mistake was holding off on buying more when the price had dipped below $100 after the Silk Road was shut down. The price then started climbing and hasn't stopped since.
I feel slightly less bad about not investing after the SR takedown, since that felt like a pretty legitimate reason why BTC might not have recovered. Before that, though? I really should've invested! Something tells me that you'll be making another 0.21 BTC quite soon though. So while you didn't invest early on, at this pace, you'll be a bitcoin millionaire soon enough once bitcoin goes up. |
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hilariousandco
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Join the world-leading crypto sportsbook NOW!
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November 27, 2013, 11:55:41 AM |
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My biggest mistake is not buying enough. I then made the same mistake with Litecoins, and then with Feathercoins haha.
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