A matter of family conflict regarding Bitcoin.

[Wexnident]

Bitcoin is getting more and more popular, and it is labeled with many different stories. I can see many people blaming Bitcoin as the cause of all the problems, but clearly the main problem is people causing them related to Bitcoin.

Anyone with a bit of understanding could see that this situation would've inevitably happened (maybe a little less worse) regardless of Bitcoin investment or not really. You just don't "shoot" your wife because you were "agitated".

He regularly visited his wife’s house out of fear that she might cheat on him. On the day of the incident, he entered his wife’s house hoping to reconcile but was met with resistance, leading to the aforementioned incident.

Just the fact that he has no confidence in himself (it's what I can assume from his actions) is more than enough that the relationship had a lot more problems than just that investment. The man might have an unstable mind or something really. It's your usual media manipulation tactics of bringing notice to something completely irrelevant in a topic lmao. I guess including Bitcoin had more impact than saying the man had an "unstable mentality".

[michellee]

If someone invested in Bitcoin without telling his family, the story might be the same as in the news. However, in a household, openness and honesty are needed in using money. They live together and should be able to share, including if they want to invest in Bitcoin, so there are no misunderstandings between them.

But if a problem carries Bitcoin's name, it seems Bitcoin will get a bad name from that problem. This must be straightened out so that Bitcoin's name does not become worse because of this news. It's the same as an investment story using Bitcoin as capital. But after the program failed and became a scam, people blamed Bitcoin even though Bitcoin was not at fault. The program is wrong.

People must realize that before deciding to invest in anything, not just Bitcoin, they must tell their family (husband/wife) so there are no misunderstandings.

[dzungmobile]

If someone invested in Bitcoin without telling his family, the story might be the same as in the news.

If you use your own money to do this and don't touch money of other family members' money, you can do it without agreement and permission of your family members.

If you use money from your salary but it relates to what you usually contribute to your family budget for expenses, you must inform other members about that. If you don't do this, many conflicts can occur.

[Rockstarguy]

Bitcoin is getting more and more popular, and it is labeled with many different stories. I can see many people blaming Bitcoin as the cause of all the problems, but clearly the main problem is people causing them related to Bitcoin.

Their is no problem in bitcoin just that people go after it in a wrong  way that leads to bad results, the problem is not Bitcoin but individuals.  Bitcoin have principles that people needs to understand and follow and when people follows it in the wrong way they get positive results and when people follows it in the wrong way they put the blame on Bitcoin as the cause of the problem. People needs to get better understanding about Bitcoin to go about it in the proper rather than going astray and later pit blames.

[xSkylarx]

Bitcoin is getting more and more popular, and it is labeled with many different stories. I can see many people blaming Bitcoin as the cause of all the problems, but clearly the main problem is people causing them related to Bitcoin.

Their is no problem in bitcoin just that people go after it in a wrong  way that leads to bad results, the problem is not Bitcoin but individuals.  Bitcoin have principles that people needs to understand and follow and when people follows it in the wrong way they get positive results and when people follows it in the wrong way they put the blame on Bitcoin as the cause of the problem. People needs to get better understanding about Bitcoin to go about it in the proper rather than going astray and later pit blames.

This is the same with HYIP before they are blaming Bitcoin as a scam even if that is just a method that was used to scam people. They don't understand that it's their own fault which is why they got scammed and they are very closed-minded about it because they keep telling other people that Bitcoin is a scam. Knolwedge is always a must in every aspect even the method used like Bitcoin and you are also the one who initiates the investment just to be sure that it is not a scam and you will be the one to blame first.

[Zlantann]

Bitcoin is getting more and more popular, and it is labeled with many different stories. I can see many people blaming Bitcoin as the cause of all the problems, but clearly the main problem is people causing them related to Bitcoin.

There are countless stories of domestic violence and divorce due to failed investments. The issue is that people fail to understand that all investment has some level of risk. This is why it is good to study the business and invest only what you can afford to lose. When it comes to investment there should be agreement between both the husband and wife this is to avoid the blame game. Some spouse will secretly use the family savings to invest and it could bring conflict if the investment fail. But I am sure that this spouse didn't invest in Bitcoin properly. Maybe they were deceived to invest in a shitcoin or they invested through a third party. My assumption is based on the fact that the losses they would have incurred investing in Bitcoin wound not be high and they cannot lose all their Bitcoin investment.

[salad daging]

Kritsada lost 700,000 baht or 19358.68 USD Google conversion = 0.73 BTC loss.
It is not clear whether he lost in futures trading or just suffered losses due to the bearish market while BTC was still held? Still not clear enough.

A husband's Kritsada is no longer under control, he seems stressed by the market situation, maybe that is my assumption so he can take it out on his wife, on the other hand they are also having problems with the family when he wants to persuade his wife to refuse and fight, this is what causes problems, So it's not Bitcoin at all, but Kritsada was too emotional because he lost 700,000 baht in Bitcoin.

[tjtonmoy]

~snip

It is not about what people use, it is about who is using it and for what purpose. Imagine a person using a gun for criminal activity and someone using a gun for self-defense. It all comes down to the cause. Isn't it the first rule of investment that you only invest what you can afford to lose? If that was the case here, this incident wouldn't take place in the first place.
Violence is bad but is Bitcoin the only cause for it? I am sure there are other reasons attached to it. So why only blame the Bitcoin? Today the media are shit. They only focus on the trending things and make a big fuss about it. Negative energy growth I shall call it. And also, this whole thing came from emotions and not being able to risk manage that investment.

But there are always layers to everything. We can't say for sure what was the reason until we get to the core.

[el kaka22]

What? This sounds like one of the worst excuses anyone could ever have for something like this, not like there is any excuse that would be logical for anything like this at all. No matter what you do, no matter what they have done, there is no excuse for any spouse to hurt other spouse and I mean like not even a slap, let alone actually shooting someone.

This doesn't make sense, I do not understand how people could reach a point where they literally shot the person they claim to love the most. I have been married for years now, and I can't imagine any scenario ever where I would ever imagine hurting my wife, it just doesn't exist, that reason is not available in my brain at all no matter what happens.

[goldkingcoiner]

Bitcoin blowup: Domestic dispute turns crypto catastrophe with six-hour standoff in central Thailand

A heated dispute over Bitcoin investment loss led to a domestic violence incident that escalated into a six-hour standoff with the police. The 35 year old husband, Kritsada, shot his wife and barricaded himself in their home in Uthai district, Ayutthaya province, before eventually surrendering to the authorities.

I just found a news story and tried to find more content related to this story, and this is all I know about this story. It makes me imagine stories that I have encountered before in the investment environment, where losses occur and make people lose their original reason for earning money, which is also to bring home and build a better family life. I don't want to discuss the reasons for investment failure here, but from the story associated with bitcoin, it will also continue to happen, but in a different form.

Bitcoin is getting more and more popular, and it is labeled with many different stories. I can see many people blaming Bitcoin as the cause of all the problems, but clearly the main problem is people causing them related to Bitcoin.

I think that blaming this on the Bitcoin incident is dumb. Obviously something was wrong with that relationship long before Bitcoin got involved. Perhaps the Bitcoin investment was simply an excuse to have a fight, which got out of hand.

I do not believe that Bitcoin should be made into the scapegoat here, which the news article is obviously trying to do. In such an unstable relationship, eventually this would have happened one way or another. It was just a matter of time.

Also, Bitcoin investments only become a loss if you sell during times when the price of Bitcoin is lower than your buying price. Should have kept hodling. But I suspect that he invested money that could not afford to invest because they needed it for other things, because he hoped to get rich quick.

[acroman08]

after reading the article, it looks like the loss of the Bitcoin investment was just the last straw for the wife. the guy clearly has personal problems that he deals with and his wife is getting tired of dealing with it, I mean, who the hell visits their wife regularly just to make sure she is not cheating after she asks for separation? the couple clearly have a deeper issue in their relationship and it didn't originate from investing in Bitcoin but it just so happens that the loss of Bitcoin Investment is what triggered the wife's breaking point and asking for separation.

this incident is why it is extremely important to communicate with your partner when making a financial decision that involves a lot of money.

[kawetsriyanto]

I don't want to discuss the reasons for investment failure here, but from the story associated with bitcoin, it will also continue to happen, but in a different form.

When we are discussing about the case, we should discuss it thoroughly. It is a must to know the reasons, whether it is related to Bitcoin or not. I believe that case won't be caused by the failure of Bitcoin investment only, there should be another reason. Sometimes the media only blow up something that people can be attracted, but they didn't tell the whole case.

Bitcoin is getting more and more popular, and it is labeled with many different stories.

Of course, since more people are holding Bitcoin, there should be more varied stories. I think it is normal, there is nothing wrong with this.

I can see many people blaming Bitcoin as the cause of all the problems, but clearly the main problem is people causing them related to Bitcoin.

Yep, people blame Bitcoin because they don't accept their mistakes. Bitcoin actually can't be blamed, it never forces people to invest in. Even Satoshi never stated that Bitcoin is created as a digital asset. He created Bitcoin for an electronic cash or a digital currency. But people invest in Bitcoin because the value is getting increasing.

[Sanitough]

This might only happen if one invests with bitcoin putting high emotions into it and when things happen not according to the plan, eventually the investor becomes more frustrated that he’s unable to control his emotions until he end up fighting with his partner and ruin their married life. This is really true for those people who only invest because of greed and not really understand the concept of bitcoin.

[BitcoinPanther]

Kritsada lost 700,000 baht or 19358.68 USD Google conversion = 0.73 BTC loss.
It is not clear whether he lost in futures trading or just suffered losses due to the bearish market while BTC was still held? Still not clear enough.

A husband's Kritsada is no longer under control, he seems stressed by the market situation, maybe that is my assumption so he can take it out on his wife, on the other hand they are also having problems with the family when he wants to persuade his wife to refuse and fight, this is what causes problems, So it's not Bitcoin at all, but Kritsada was too emotional because he lost 700,000 baht in Bitcoin.

It was clear that it was jealousy that triggers the incident.  The lost in Bitcoin investment is what triggers the wife to ask  for separation but the crime is triggered because the husband suspected the wife of cheating.  The husband does not think that it was solely the lost of money but rather his wife is seeing someone else and the reason that the wife ask for separation is to be with other guy.  That triggers the argument that leads to shooting as far as I understand the story stated by the linked article.

[Russlenat]

~~~

The fact is that bitcoin trading, and any cryptocurrency, has a certain feature. It lies in the fact that if you trade uncontrollably, then this activity ceases to differ from roulette in which the chances are 50-50 or even less. And that's exactly what this story is about. The guy didn't know about money management, and I'm sure he could go to the casino with the same chances of profit. And judging by his reaction after losing all the money - he has neither self-control nor awareness in his actions.

It all goes down that if you want to invest or trade or even gamble your funds, set your limit and never expect high profits from it especially if you are still in the process of learning. Because if you put high expectations on what you’re doing, once things end up not working, you might lost your focus and fail in the end, leaving you with negative emotions and eventually put the blame on someone until you both end up with a fight.

[BigBos]

The fact is that bitcoin trading, and any cryptocurrency, has a certain feature. It lies in the fact that if you trade uncontrollably, then this activity ceases to differ from roulette in which the chances are 50-50 or even less. And that's exactly what this story is about. The guy didn't know about money management, and I'm sure he could go to the casino with the same chances of profit. And judging by his reaction after losing all the money - he has neither self-control nor awareness in his actions.

It all goes down that if you want to invest or trade or even gamble your funds, set your limit and never expect high profits from it especially if you are still in the process of learning. Because if you put high expectations on what you’re doing, once things end up not working, you might lost your focus and fail in the end, leaving you with negative emotions and eventually put the blame on someone until you both end up with a fight.

This is a pretty good point because of course in this case even though being in bitcoin is something that is very good for us to invest in but we also cannot give all of our assets to investment especially for the long term.
Remember, we still have lives and needs that must be met every day. Don't let when you are fixated with big profits you forget that especially if you have a family.

Seeing from the case that occurred, the incident began when there was an argument about money being invested and received a loss because the value of bitcoin was shrinking. In this case, even though we consider it a risk, the people closest to us may not necessarily be able to accept it so that initial communication is important, especially when it comes to joint money (husband and wife), so we must first commit from the start so that nothing like this happens.

[freedomgo]

Everything that involves with money might certainly trigger a conflict right after. Most especially for bitcoin since it's highly valuable and expensive. But lets not put the blame on money or bitcoin simply because they are not controlling us but we are capable to control ourselves. In the end, if we use our emotions in bitcoin investment, expect that we won't succeed on it but will only develop depression right after we lose our money. When that happens, it's normal to see some conflict especially inside the family circle.

[serjent05]

~~~

The fact is that bitcoin trading, and any cryptocurrency, has a certain feature. It lies in the fact that if you trade uncontrollably, then this activity ceases to differ from roulette in which the chances are 50-50 or even less. And that's exactly what this story is about. The guy didn't know about money management, and I'm sure he could go to the casino with the same chances of profit. And judging by his reaction after losing all the money - he has neither self-control nor awareness in his actions.

It all goes down that if you want to invest or trade or even gamble your funds, set your limit and never expect high profits from it especially if you are still in the process of learning. Because if you put high expectations on what you’re doing, once things end up not working, you might lost your focus and fail in the end, leaving you with negative emotions and eventually put the blame on someone until you both end up with a fight.

Aside from the given insight, an investor must do his own research, and educate himself about the investment venture and the company managing the investment if there is any.  We all know that when a company offers Bitcoin as an investment coupled with daily profit is a sure thing a scam because the system the company introduced is not sustainable.  Aside from that, if it is family money, it is considered conjugal if the person is married and should ask his partner's consent about the investment so that there will be no blaming when things go awry.

[mvdheuvel1983]

Bitcoin is getting more and more popular, and it is labeled with many different stories. I can see many people blaming Bitcoin as the cause of all the problems, but clearly the main problem is people causing them related to Bitcoin.

I know that journalist are too lazy these days to conduct thorough investigation before writing an article. Therefore, they decide to Write nonsense. Whatever altercations there was between the man and is wife has to connection with Bitcoin. It may even be that the man is dealing with anger issues and has been that hostile towards his wife. Definitely can't be Bitcoin. I don't believe them.

[hatshepsut93]

Bitcoin is getting more and more popular, and it is labeled with many different stories. I can see many people blaming Bitcoin as the cause of all the problems, but clearly the main problem is people causing them related to Bitcoin.

Who really cares about a single incident, you can read stories about arguments turning into murder with literally any reason for the argument, like political preferences. You shouldn't be so anxious about Bitcoin that you view any negative news featuring Bitcoin as a directed attack on it or a sign that public opinion will turn against Bitcoin.