What's the stupidest thing you have bought for BTC in the past ?

[swiftxi]

2BTC for a pizza ? 10BTC for a video game ?
Whats the stupidest thing you have done with BTC in the past , and how much did you spend ?

This one should be interesting.

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[mk4]

A $400 watch when bitcoin was at like $800 if I remember correctly. What makes it stupid wasn't concerning the bitcoin price per se, but the fact that I barely had money back then(that $400 was probably like half of my total personal money in total), and the fact that a $400 was totally unnecessary at that time.

[hatshepsut93]

There's no such thing as a stupid BTC purchase. Bitcoin is money, if you wouldn't regret spending US dollars on something, you shouldn't regret spending BTC. No one could have predicted how high Bitcoin will get in all these years. You just need to have a clear strategy. If you view Bitcoin as your savings account, try to replace whatever you are spending. If you're okay with taking profits right now because you want to buy something, then don't regret it in the future.

[isabellel2]

2BTC for a pizza ? 10BTC for a video game ?
Whats the stupidest thing you have done with BTC in the past , and how much did you spend ?

This one should be interesting.

Mine is 3BTC for a car , when it was 1.5K value. Its not the worst loss, but still I regret it deeply.

my dumbest thing about BTC is that i remember correctly in 2015 i had 0.5 BTC and sold it for pretty cheap then to follow a Bitcoinnect (BCC) multi-level ponzi project and then i lost all after that, this was my biggest lesson for greed and i don't want to join any multilevel project even short term projects

[alpamar99]

I don't think it's stupid because considering that at that time the price was like that and maybe you thought at that time it was worth it to do.
it's in the past friends why are you still regretting things that have happened. a few years ago, especially at the beginning of the creation of btc, indeed it was very cheap and at that time most people exchanged their btc for certain foods or products but it was not stupid because at that time it was like that because it existed in the period before btc was expensive.
but maybe it's a stupid thing when you do it now but for a few years ago I don't think it's stupid.

[Upgrade00]

<snip>

+1. If you sell Bitcoin for something you need, it can't be termed stupid.
If those stupid transactions were never made, the price of Bitcoin would likely have not reached the values it is at now, that makes most regret their purchases. If everyone who hold bitcoins locked up their coins and did not trade or sell it for anything else, the trading volume would go to zero, eliminating supply completely and limiting the growth of the network.

Where one can look back and regret a transaction is when they sold because they believed bitcoins to be worthless with no potential and spent it on things they didn't need.

[Tony116]

I sold my bitcoins to buy a laptop in 2015, but I don't think it's stupid and I don't regret it. I think it was quite an interesting experience because what people call virtual currency has no value but for me, I can use bitcoin to exchange for what i need at that time.

[The Cryptovator]

I won't regret if bought any goods with Bitcoin. But have done a stupid thing as well. I had bought a few shitcoin which is regrettable forever. I purchased a few shitcoin for 1.5 BTC when Bitcoin was approx $10K. But I was failed to recover even in USDT value that I spent to bought shitcoin. These were the worst and memorable stupid things. I think most of us made the same mistakes that are related to crypto-currency.

I sold a few Bitcoin at a lower price, but I don't regret that since I sold them for my needs. Because I believe Bitcoin is for life, not for lifetime hold. We should take advantage of volatility, but always it won't happen due to daily needs.

[Slow death]

well i don't regret taking bitcoin and using it to buy things in the real world, but i get angry when i think i took bitcoin and i bought shitcoins and to this day they are worthless because the Devs abandoned the project, it makes me very angry. I haven't stopped taking my bitcoins to buy things in the real world because I don't see bitcoin just as an investment, I see bitcoin as a currency to buy things and honestly it would be a great thing if everyone started looking at bitcoin as a currency and let go of the fanaticism of " HODL " I know there are hundreds of people who are not fanatics, but most who put it in Hodl's head have become fanatics

[odolvlobo]

Mine is 3BTC for a car , when it was 1.5K value. Its not the worst loss, but still I regret it deeply.

Why do you regret buying a car? Did you splurge on the car, or did you actually need one? Would your life have been better without a car for all those years?

[swiftxi]

Mine is 3BTC for a car , when it was 1.5K value. Its not the worst loss, but still I regret it deeply.

Why do you regret buying a car? Did you splurge on the car, or did you actually need one? Would your life have been better without a car for all those years?

Well, much like mk4 , that btc was gathered by investing all the funds I've had at the time.Even though I believed fully in the potential of btc, it was not worth pausing my life in hopes of fast profit.(Which it wasnt, it took 2 Years for a major price surge)
To answer your question, it was a semi-splurge.And maybe stupid, is a wrong choice of words, but I do regret it in a way,on the other side I woulden't change a thing if I could.

[BlackHatCoiner]

For the “Bitcoin is money, there's nothing to be regretted” replies, I have nothing to say, but this. You've confused or haven't understood the definition of the verb “regret”. When you're the owner of something, whether that's Bitcoin or a baseball card, and years after you've got rid of it suddenly costs much more than the price you sold it, you should feel regretted. You should feel contrite about not owning it anymore, because it was down to your decision.

The fact that Bitcoin is money says nothing; you saw the guy who paid a fortune for two pizzas and it was down to you to not repeat the same mistake. Unless if you believe you're the one who'll do the first step(s); if that's so, then good luck.

Even though I believed fully in the potential of btc

If you believed in the potential, why didn't you buy once you had your chance later?

[swiftxi]

2BTC for a pizza ? 10BTC for a video game ?
Whats the stupidest thing you have done with BTC in the past , and how much did you spend ?

This one should be interesting.

Mine is 3BTC for a car , when it was 1.5K value. Its not the worst loss, but still I regret it deeply.

my dumbest thing about BTC is that i remember correctly in 2015 i had 0.5 BTC and sold it for pretty cheap then to follow a Bitcoinnect (BCC) multi-level ponzi project and then i lost all after that, this was my biggest lesson for greed and i don't want to join any multilevel project even short term projects

Btconnect was so well advertised, I remember it. Those people must have taken 10's of millions of US$ eq.
Genuinely sorry for anyone who invested , I wanted to invest but somehow skipped it , then found out a month later it was a hugeee scam.

[Stunzz]

My own was having to generate 0.07 btc through all these watch to earn btc satoshi back in 2012 and wasted it all on a scam doubler site. It all looked like a play until 2017 that I got back in fully into crypto, that was when I realized I'd make the biggest mistake of my life.

[swiftxi]

For the “Bitcoin is money, there's nothing to be regretted” replies, I have nothing to say, but this. You've confused or haven't understood the definition of the verb “regret”. When you're the owner of something, whether that's Bitcoin or a baseball card, and years after you've got rid of it suddenly costs much more than the price you sold it, you should feel regretted. You should feel contrite about not owning it anymore, because it was down to your decision.

The fact that Bitcoin is money says nothing; you saw the guy who paid a fortune for two pizzas and it was down to you to not repeat the same mistake. Unless if you believe you're the one who'll do the first step(s); if that's so, then good luck.

Even though I believed fully in the potential of btc

If you believed in the potential, why didn't you buy once you had your chance later?

I've never actualy been Bitcoinless in the past half decade, I like to spend it , buy it , trade it.
Still , there are certain useless things we all did with btc. Hell, I dont even know the password or secret phrase to my first ever btc wallet, who knows how much money it has, when it was 200$ per btc, i left 20$ in it:)
Thatssss 6000 roughly * :') Different wallet hosts will delete inactive accounts , so 0$ possibly.

[franky1]

60btc for an ASIC(2013/14 era).
never got ROI

oh well. not a big loss considering other hoardings. but looking at $$ value of it now.. thats now a nice mansion not in my portfolio

[sheenshane]

There's no regret especially if that time Bitcoin will really help you when it comes to financial matters.

To be honest, for how many years I didn't invest in Bitcoin, most of them I earned here in the forum and it will exchange to fiat (in short I never hold that way) and spent what I ever I want.  Now, though there's a little regret why I didn't save even a little amount of my earnings, overall that is fine, at least it helps me when I most needed most especially at that time when pandemic comes.

I checked my Bitcoin wallet lately and when I calculated the value compared today if I'm hoarding, that's a huge amount and I can't believe it.  But the past is past, there's nothing we can do.  No regret just accumulate again.

60btc for an ASIC(2013/14 era).
never got ROI

OMG!  That's a very insane amount.  It could be your pension.

[odolvlobo]

I have held bitcoins since 2011, and I have spent 90% of what I used to own. I have no regrets.

[yazher]

As I bought some useful things, I also have some stupidest things I bought with bitcoins. The big cabinet in my room and the by one take one electric fan are some of those when Bitcoin was about under $10,000 in the year 2018. I think if I'm not mistaken, I got those BTC from the Yobit signature campaign which lasted 1 month. one of the highest rates of signature spammers. I think a lot of those users had bought some stupidest things with BTC as well.

[crwth]

It's always something that I would never forget—buying a good backpack for $120, IIRC. I mean, at the time, it was something that I wanted, so I was happy. It was 0.04 BTC back then, so right now, every time I look at that bag, it's like, why???

I think it serves as a reminder for everyone that we do things because we want to be rewarded, and at that time, it was a good decision because we made it happen already. We cannot do anything else anymore, Just accept it.

We don't need to ponder much on the past.