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Author Topic: A matter of family conflict regarding Bitcoin.  (Read 1235 times)
Sexylizzy2813
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September 25, 2023, 08:40:07 AM
 #121

it is not about bitcoin actually , but it is about the attitude of the person involve , how he put himself into investing that he might lose and cannot accept that fact.

even if this happened in stocks or real estate he will still have this act because he cannot handle the volatility of the investment world.

I think he is not there to invest instead he wanted to become super rich in easy way.

As an investor if you can't take responsibility for your loss then you're not ready for what's ahead, before you find yourself in a high place talking about being rich there must be risk involved so when you're in you don't need to blame anybody for any negative results that comes out, like in the investment world we should always expect the bad side of it first.

R


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September 25, 2023, 12:00:54 PM
 #122

-snip-
Not tips but experience as a married person. When a problem occurs to a husband, not everything needs to be conveyed to the wife. Husbands must be able to separate everything, for example personal matters that occur outside the house are not brought into the house to avoid negative things happening such as uncontrolled emotions.
After I read the news link, this was pure self-control that the husband couldn't exercise, which ended up shooting his wife, not because of bitcoin.

I hope this story is not cooked up by anti-bitcoin groups for negative information in spreading news as if the murder occurred because of bitcoin.

R


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September 25, 2023, 01:16:53 PM
 #123

I don’t think bitcoin is to blame for this. First off, they must’ve had toxic familial relations to begin with. Losing so much on bitcoin is just the straw that broke the camel’s back. Bitcoin doesn’t bring the worst out of people, they are already fucked up from the get-go. They just happened to find an outlet through bitcoin.

With that being said I hope some form of recluse or recovery is achieved. While this is more on the severe side family is still family and a matter of discussion and setting aside differences and past transgressions should do the trick. That i if they’re willing to admit to being in the wrong and all that stuff.
It is definitely a family matter and Bitcoin is being unnecessarily dragged in on the matter. A lot of families have problems, a lot of them might be because of their finances and financial crisis or investment failures, but I've never seen anyone blaming the investment method for the problems someone is having just because their investment didn't work the way they wanted it to. If their investment failed, it's probably because they didn't do their homework very well.

It's the person who has done the investment and lost the money who is to be blamed for the whole thing. If he didn't have any experience or knowledge about the market or such investments, he shouldn't have done it in the first place, and if he did it and lost the money, it's on him and not on Bitcoin.
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September 25, 2023, 01:30:25 PM
 #124

I don’t think bitcoin is to blame for this. First off, they must’ve had toxic familial relations to begin with. Losing so much on bitcoin is just the straw that broke the camel’s back. Bitcoin doesn’t bring the worst out of people, they are already fucked up from the get-go. They just happened to find an outlet through bitcoin.

With that being said I hope some form of recluse or recovery is achieved. While this is more on the severe side family is still family and a matter of discussion and setting aside differences and past transgressions should do the trick. That i if they’re willing to admit to being in the wrong and all that stuff.
It is definitely a family matter and Bitcoin is being unnecessarily dragged in on the matter. A lot of families have problems, a lot of them might be because of their finances and financial crisis or investment failures, but I've never seen anyone blaming the investment method for the problems someone is having just because their investment didn't work the way they wanted it to. If their investment failed, it's probably because they didn't do their homework very well.

It's the person who has done the investment and lost the money who is to be blamed for the whole thing. If he didn't have any experience or knowledge about the market or such investments, he shouldn't have done it in the first place, and if he did it and lost the money, it's on him and not on Bitcoin.
This is correct. It is obvious that there are other factors that are included in this dispute, probably family problems that haven't been discussed and kept piling up, and what happened with the Bitcoin lost may have triggered the last straw. However, to solely include and mention Bitcoin without putting the whole context is unjust. It is not fair to blame Bitcoin because Bitcoin is just the currency and the investment as well as every decision and action made with Bitcoin is all in the hands of the person holding it, therefore the blame should be put to them. Honestly, this is just another way for the media or news to put a stain on Bitcoin's image because they saw an opportunity, a bad case with Bitcoin being mentioned, a little tailoring of info and they have the perfect controversial news. Nothing new on this, just another negative hit for Bitcoin made by those who either do not understand it so they hate it or just those who never believed in it.

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September 25, 2023, 01:46:26 PM
 #125

it is not about bitcoin actually , but it is about the attitude of the person involve , how he put himself into investing that he might lose and cannot accept that fact.

even if this happened in stocks or real estate he will still have this act because he cannot handle the volatility of the investment world.

I think he is not there to invest instead he wanted to become super rich in easy way.

As an investor if you can't take responsibility for your loss then you're not ready for what's ahead, before you find yourself in a high place talking about being rich there must be risk involved so when you're in you don't need to blame anybody for any negative results that comes out, like in the investment world we should always expect the bad side of it first.
Every form of investment have got risk. Based on the level of risk will be the profit. As said things could happen positive or the same could go negative. It all depends on how well we manage and predict the market. At times things coincide and give good profit and the same could go in the opposite way.

Keeping ourselves ready to experience experience the worst case scenario will ease to overcome such investment problems. Anyhow it is the lack of understanding or the mistake from the person involved, and unwantedly bitcoin is connected with the incident. Whether it is bitcoin or any other investment, if things weren't handled properly loss will be the outcome.

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September 25, 2023, 01:49:37 PM
 #126

Money causes these kind of problems most of the time if not all the time. Usual family problems stem out from conflict in finance and/or properties. The same rule applies to bitcoin. Bitcoin, specifically, doesn’t have anything to do with this horrible story however in general, the concept of investment and profits and losses can all be causes of family problems. It’s unfair to blame these kind of things solely on bitcoin.
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September 25, 2023, 02:01:43 PM
 #127

~snip
There are several options for resolving the dispute over investments in bitcoin:
- don't tell anyone about your BTC-investments until a certain point, even your wife or husband, in order to avoid influencing your investment strategy and the emergence of conflict situations due to the right moment of sale bitcoin.
- exchange your wife or husband for a person who will not interfere in your affairs with bitcoin, at least until you get rich and your beloved half wants to take half from you.Smiley

People will always blame anything but themselves for their problems. This time the accusation went to the bitcoin.

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September 25, 2023, 03:32:36 PM
 #128

Money causes these kind of problems most of the time if not all the time. Usual family problems stem out from conflict in finance and/or properties. The same rule applies to bitcoin. Bitcoin, specifically, doesn’t have anything to do with this horrible story however in general, the concept of investment and profits and losses can all be causes of family problems. It’s unfair to blame these kind of things solely on bitcoin.

This wouldn't be an issue if in the first place, you did not risk the money that you can't afford to lose in investment. Which results to unstable emotional and mental health that also affects the people that surrounds you. Bitcoin is not literally to blame in family conflict, if you're planning to invest as a family, of course all of you has to be well knowledged in something that you will risk your money with, such as Bitcoin. Investment is actually good to take especially in a family, but if you're not yet financially stable as you'll have to provide your needs, you really need to exert effort to have extra money for investment.

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September 25, 2023, 03:33:08 PM
 #129

It is definitely a family matter and Bitcoin is being unnecessarily dragged in on the matter. A lot of families have problems, a lot of them might be because of their finances and financial crisis or investment failures, but I've never seen anyone blaming the investment method for the problems someone is having just because their investment didn't work the way they wanted it to. If their investment failed, it's probably because they didn't do their homework very well.

It's the person who has done the investment and lost the money who is to be blamed for the whole thing. If he didn't have any experience or knowledge about the market or such investments, he shouldn't have done it in the first place, and if he did it and lost the money, it's on him and not on Bitcoin.
Basically, when it comes to investing in Bitcoin or cryptocurrencies in particular, it's important not to use all of your money. We need to manage our finances, for example, by only using 10-20% of our income, and the rest should be allocated for other needs.
In the life we live, it's also essential to have an emergency fund, so that whenever we have unexpected expenses, the money is already available.
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September 25, 2023, 03:56:26 PM
 #130

Am not a marriage counselor of any sort but seeing conflict, husband, and wife all in one sentence..this  spells out communication breakdown, and for a marriage to work the foundation is built on it!

Btw reading through the article, am made to believe the wife wanted out of the marriage and  she was patiently waiting  for her man to f**kup which he did and  her wish became true...this has nothing to do with the crypto investment the husband lost!
And unfortunately, the article is equally poorly written as it has left out some valuable information leaving us to speculate on what happened, and from what I have got from the article.. this has kind of painted a picture of husband and wife living in  two seperate homes and a jealous husband that doesn't want to move on..otherwise this turned out o be some telenovela lol

R


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September 25, 2023, 04:10:31 PM
 #131

No matter how unmarried people imagine the complexity of life in a family, they will always underestimate the real complexity. It is necessary that the characters be similar, the attitude to life and cleanliness in the apartment, and of course the attitude to money. As far as I understood from the news, it is unlikely that his now deceased wife gave him permission to invest so much money. Women do not take such risks with money, so men generally do not ask permission to invest money. Apparently she asked about these almost 20k, and her husband had already lost it.
They were necessary for the life of this family, at a time when only extra money could be invested.The loss will not change the financial situation of the family.
A family can be strong if the spouses can plan their future together, if they have a common budget, a common vision of where they are going and how they can achieve their goals. A lot of things are important, they maintain balance in the family, sometimes you need to make concessions, it’s really not easy. I noticed that if a family is wealthy, then they have significantly fewer conflicts over finances. If one spouse is more responsible for the finances, then financial management should be his responsibility, but if the other spouse does not support an investment because he sees it as a big risk, then you need to find another investment, family is most important.
Ideally, that’s should be the case but I think when it comes to investment, husbands are more aggressive to participate that even if their spouses are against with it, still they will pursue it without them knowing. And when they start losing, that’s when they realized that their wives should know about it, and when these wives overreacted to it, these frustrated husbands suddenly lose their control and burst out with anger.

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September 25, 2023, 11:34:18 PM
 #132

I can see many people blaming Bitcoin as the cause of all the problems

The truth is that people will always complain. Not even Jesus who gave his life for us escaped humans grumble. Many people have said that Bitcoin is used for negative things like money embezzlement, tax evasion, fraud and scams, drug trade, and many others which has always needed a way to wipe it's footprint. But when you think of these things, all of them have been here before the creation of Bitcoin. Bitcoin is just a tool like a knife; one can use it to cut something loose while another can use it to st*b someone. It all depends on what for and how it is used - it creates no direct cause!



 

 

 

 

 

 


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September 26, 2023, 04:43:28 AM
 #133

No matter how unmarried people imagine the complexity of life in a family, they will always underestimate the real complexity. It is necessary that the characters be similar, the attitude to life and cleanliness in the apartment, and of course the attitude to money. As far as I understood from the news, it is unlikely that his now deceased wife gave him permission to invest so much money. Women do not take such risks with money, so men generally do not ask permission to invest money. Apparently she asked about these almost 20k, and her husband had already lost it.
They were necessary for the life of this family, at a time when only extra money could be invested.The loss will not change the financial situation of the family.
A family can be strong if the spouses can plan their future together, if they have a common budget, a common vision of where they are going and how they can achieve their goals. A lot of things are important, they maintain balance in the family, sometimes you need to make concessions, it’s really not easy. I noticed that if a family is wealthy, then they have significantly fewer conflicts over finances. If one spouse is more responsible for the finances, then financial management should be his responsibility, but if the other spouse does not support an investment because he sees it as a big risk, then you need to find another investment, family is most important.
Ideally, that’s should be the case but I think when it comes to investment, husbands are more aggressive to participate that even if their spouses are against with it, still they will pursue it without them knowing. And when they start losing, that’s when they realized that their wives should know about it, and when these wives overreacted to it, these frustrated husbands suddenly lose their control and burst out with anger.

Right. Men and women are too different by nature. We understand how hard money is given and any opportunity to earn more, and maybe even make a life change affects us very much. m. we know the value of money - it's a very hard routine, with responsibility and boredom, working with people we don't like, and so on (I mean ordinary fulltime work). And women, in fact, do not care where a man will bring money from and how much he will get tired in their search. Knowing this, men are ready to hide investments, taking risks, but realizing that if, for example, tomorrow the yuitcoin will be 100 thousand dollars, then this will strongly encourage him to forget about the hated fulltime work.

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September 26, 2023, 06:07:32 AM
 #134

This is one of the problem that lack of knowledge on what you are investing on will cause you. He lost his funds either due to his wallet compromise or he sold off at the wrong time due to FOMO. Many bad scenarios are related to bitcoin, of which it wasn't bitcoin that caused it but their own carelessness and unsafe practice. I guess that he used the family funds to invest, instead of using only the amount that he can afford to lose, this is how people that uses money not meant to buy bitcoin for bitcoin purchase would end up in one regrets or the other. If you are a family man and don't have spare money to invest never use money made for the family responsibilities or family saving to buy bitcoin because it isn't only your funds. Bitcoin investment needs patience for it to yield profit.

Your points are valid, but I don't believe it is wise for a family man who isn't wealthy enough to invest in bitcoin, not to mention any other investment that might result in a loss or a gain. The main issue with investors today is that they don't think things through. Even those who can't provide for their families may invest in bitcoin because of the gain they heard. Bitcoin is a long-term investment, and this is the first thing we need understand before becoming involved in anything involving investing. Bitcoin is not a gambling game that you will wager on and be waiting for the game to enter and cash out that very day.

A man who has a family to support, isn't particularly wealthy, and still wants to invest in bitcoin is greedy because your family can't be suffering while you are holding a coin. Additionally, investing from the family budget shows that the man is uninformed because if he knew what he was doing, he would never consider doing so because family savings are intended for family financial issues, and if a man touches them the wife has the right of way.

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September 26, 2023, 07:01:38 AM
 #135


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.


There are obviously a few things wrong with the husband and he can't blame his problems on Bitcoins. Violence is never an option and someone that hurts other people has nothing to do with crypto currencies and bitcoin. We don't really know what went on before the issue and can only speculate which is not going to help. An investment loss is never the reason to hurt anybody, and it also doesn't matter if this was a Bitcoin or stocks or other form of investment. He could have lost a lot of money in a real estate deal or bought an investment fund that is struggling, leading to large loss. There are so many ways you can lose money these days and this will affect your family life. Most spouses will have a dispute over their finances from time to time as husband and wives usually have different ideas about how to invest and spend their money. As long as people can communicate there is not an issue and it's a healthy relationship. Unfortunately, violence happens in any country and there is no excuse for it. Maybe there were signs before that the relationship turned toxic and they should have split up. The blame can't be put only Bitcoins, people are still responsible for their actions and this was not a healthy relationship before investing in Bitcoins.
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September 26, 2023, 08:01:00 AM
 #136

As far as I know, "money" or more generic "money problems" are amongst the main causes of divorce. If it wouldn't have been Bitcoin, it would have been something else.
For sure none government will tell you that all of these problems arise because you are underpaid, you pay tax on your salary, when you visit the store, you pay product that also has to pay taxes, you have to pay property tax even if you build and own house, you have to pay vehicle tax, there are so many taxes, we only get almost 1/4 of our salary in pocket, everything else goes to government but this is not the cause of violence and crime, it's bitcoin because bitcoin is no different from gambling. It's funny that this bullshit story actually works on people.

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September 26, 2023, 10:21:38 AM
 #137

I can see many people blaming Bitcoin as the cause of all the problems

Bitcoin is just a tool like a knife; one can use it to cut something loose while another can use it to st*b someone. It all depends on what for and how it is used - it creates no direct cause!

Bitcoin itself is not the root of the problem, it is more about how it is being managed and who does. Sometimes, people get caught up in the hype and invest more money than they can afford to lose then find themselves to financial stress and family conflicts. If you have your own family, I think it is necessray to let them know what you are investing into. While Bitcoin is part of the issue, we should focus educating ourselves first.

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September 26, 2023, 10:30:58 AM
 #138

I can see many people blaming Bitcoin as the cause of all the problems

Bitcoin is just a tool like a knife; one can use it to cut something loose while another can use it to st*b someone. It all depends on what for and how it is used - it creates no direct cause!

Bitcoin itself is not the root of the problem, it is more about how it is being managed and who does. Sometimes, people get caught up in the hype and invest more money than they can afford to lose then find themselves to financial stress and family conflicts. If you have your own family, I think it is necessray to let them know what you are investing into. While Bitcoin is part of the issue, we should focus educating ourselves first.

That's why I'm simply not telling anyone where to invest. My friends and family know that I have BTC, and when they ask I tell them that I truly believe in it, but it's still a risk that I'm willing to take.
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September 26, 2023, 01:20:59 PM
 #139

Most of the replies in here said that Bitcoin is not the one to blame, and I agree. And this could be avoided if the couples were more open to each other. I believe it's not just the husband money, it's the couple's money, and most likely that it's not a cold money, could be their saving, after all if the money is to be invested in anything both should have a discussion, so both understand the risk.

It's the husband that's at fault.

He bought bitcoin not knowing what he's buying.
He was weak-minded and couldn't hold long enough to reach profit.
He sold at a loss. He attacked his wife and he injured himself, now he will go to jail, without money and woman to wait for him.

Greed made him lose everything. He wanted more money, he never cared about bitcoin, nor his wife. It was all about himself and making more fiat money!

Yeah, that's true, and I believe he is not the only one, most of people who buy never cared about the technology or the solution that it's bring, proven by that Bitcoin was still considered as an investment assets rather than a currency, even many people in this forum preferred Bitcoin to stay as an investment asset with high volatility rather than a reliable currency.

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September 26, 2023, 01:31:37 PM
 #140

The man is at fault for using domestic violence instead of learning from where things went wrong, now he will probably be jailed for this, meaning he is suffering from two losses and charges due to his impatience, it is normal for your partner to walk out of your life if they see that a new big failure have strike their partner, meaning they start living a very hard life before things start going back the way they used to.

His Violence solution makes me think he gamble the money away, I could be wrong but gamblers result into violence when they lose a large amount of money, there is a possibility that the woman already warned him about using such an amount of money to take risks, I found women to be more cautious when it comes to taking risk to gain more money, and they are there to help men as their partner, even when it comes to financial decisions.

Now this man lost all his money, and now he hurt his woman for leaving him, he will still have to face the law again, now everyone knows that he is involved with crypto, imagine is crypto is banned in this country, it will be an extra charge for him, he made the wrong choice and I hope he learn.

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