Bitcoin Losers

[darlidada]

Bitcoin is money. Money is 1) a medium of exchange 2) a unit of account 3) a store of value. If you want to acquire some, you have to provide a service. If you want to become rich from it, you just have to hold it. There is no way to circumvent that - and this is exactly the beauty of bitcoin. It seems very simple and maybe you think you know it, but at some level you don't.

It has great consequences. Within the bitcoin economy, any form of socialism cannot exist : there is one and only one person you can count on : yourself. The technological prowess and the inherent deflation reward the clever and the brave. Bitcoin is a class system! And an elitist one!

Bitcoin is like gravity. Only the fool blames gravity when he falls. There is nothing you or anyone can do anything about it. Whatever sentiment you have towards Bitcoin is of no importance! Either you embrace its existence and do what's right and eventually your life will thrive; either you refuse to admit its existence and you'll die and you won't even know why. Bitcoin has its own laws. It is a sovereign.

I know these words are harsh. They hurt me the first time I read them, but the sooner you accept the fundamental changes that Bitcoin brings to our existence, the sooner you'll stop being a bitcoin loser.

PS: As mentioned, these words arent mine, they come from http://trilema.com/category/bitcoin/ and #bitcoin-assets and its members.

[Minecache]

Sadly there are a few ugly arrogant and dismissive characters on here happy to laugh and criticise other peoples choices and savings. But I warn you never judge a man until you've walked a mile in his shoes.

If you can't take criticism than leave the internet. FOREVER.
I am a better person now, because I always took criticism seriously and not whine about how "ugly arrogant and dismissive" critics are.
We judge you according to the information you provide. If you feel misjudged, because we don't have enough information about you, it is you fault.

Thank you. I never understood how the person that went "There there. The world's unfair." was kinder than the person that said "You screwed up. Figure out what you did wrong. And start over."

This philosophy of blaming everything but yourself that I see everywhere makes me so sad. There are so many stories of people overcoming having chronic migraines, being paraplegic and the like and still being able to craft successful thriving lives for themselves.

Except that has absolutely zero relevance to the purpose of this thread.

Which if I remember correctly was a call for a great big circle jerk of commiseration.
I could not participate in that but I also felt it would be ethically objectionable for me not to try to help.

You remember incorrectly or have a limited grasp of English interpretation. At no point was sympathy asked for nor sought.

I just reread your opening post. You say you want to invest more in bitcoin but lost confidence because the price has dropped since your purchase. But you wish to hear stories from other people in the same boat. So you aren't looking for encouragement (or if you are it is in a very odd method) therefore what other opinion are we suppose to come to?
You either want an 'oh me' party or bad advice.
Regardless I'm wasting my time at this point and not adding any help veyond that long past given.  So I give the last word if you need it. I've satisfied my duties.

You've clearly misinterpreted the point and tone of this thread, but thank you nonetheless for your input, no matter how misguided.

Goodbye.

[turvarya]

I'm out of this thread, I am a bitcoin loser. I couldn't and didn't buy in 2011 when they were $14 a piece, I could afford it. I couldn't make that sacrifice, I'm sorry that's so hard to understand. Maybe people should be on this side of the fence sometime and understand what it's like being so desperate for some kind of light being shed at the end of a long and hard tunnel, with everything against your odds. It's not a get rich quick scheme I realize that, but at least I would have some kind of prosperity in the future and I would be able to go about my life and not have to worry so much.

But I am going to stop replying to this thread, if you don't believe my situation that's fine. I don't really care, I'm not here to win sympathy I'm here to make it known that not everybody was an early adopter, and not everyone had the funds to buy them up.

C'mon don't be mad
I believe your story and even if I am wrong, there are story like yours, that are real.
You have my sympathy since you shared it, without directly attacking your critics, without a cry for pity like others in this thread.

Still, I don't think, Bitcoins are really a solution to your problems, but as long as it makes you some money you should hold on to it, but don't forget to look for other options. There might be some, you just haven't thought of yet(and yes I know, that is easily said, but it is still true)
Are you from the USA? Just curious since your government seems pretty fucked.

[Sniar]

Not yet for a sort of lucky.

In the month of january, fortunately I converted all of my litecoin in bitcoin. If I have converted now, I'd lose 50% of my capital  

Not so lucky for the rest of peope still holding litecoin. I know 99% of them are gonna cry their asses off when Litecoin drops to $1....

Yes, I think that price of Litecoin will fall in the next future because team of Litecoin development is bad.

I hope that this not realize...

Yes , I also feeling that Litecoin will drop as the management and responses from the public is not as good as bitcoin.

So far bitcoin is the most stable 'coin' imo

[Labteck]

everyone is winner in BT.
Noone goxed,no one lost money..wellcome to internet

[Gianluca95]

Not yet for a sort of lucky.

In the month of january, fortunately I converted all of my litecoin in bitcoin. If I have converted now, I'd lose 50% of my capital  

Not so lucky for the rest of peope still holding litecoin. I know 99% of them are gonna cry their asses off when Litecoin drops to $1....

Yes, I think that price of Litecoin will fall in the next future because team of Litecoin development is bad.

I hope that this not realize...

Yes , I also feeling that Litecoin will drop as the management and responses from the public is not as good as bitcoin.

So far bitcoin is the most stable 'coin' imo

To the except of Charles Lee which is the founder of Litecoin, all of the staff was not good. Only thing that they have is a good team of development, but they need a marketing team to promote their coin.

Effects is this.

[Bit_Happy]

Bitcoin Losers?

Historically the primary ways to become a BTC loser are:
Poor trading
Lending out BTC
"Investing" in Neo & Bee or similar
Online theft including major sites/exchanges/wallets
Excessive gambling or drugs
Lost password/Crashed hard drive
Wallet stealing viruses
Oops...
This list turned out longer than originally expected. We need a community that nurtures and develops more winners. 

[Light]

Historically the primary ways to become a BTC loser are:
Lending out BTC
Online theft including major sites/exchanges/wallets
Wallet stealing viruses

Welp, lending out is not too bad as long as you play like a bank and take some collateral to ensure that you don't get screwed if they bail. Anyone storing lots on online wallets is begging to be stolen from and should really have their head checked if they've been warned and still continue to do so. Wallet stealing viruses (like most malware) can simply be avoided if you use your common sense (ie don't download random shady stuff like crap pretending to be keygens for example).

[turvarya]

everyone is winner in BT.
Noone goxed,no one lost money..wellcome to internet

I got goxed. It was my own fault. I never tried to hid that fact
I still don't see myself as a Bitcoin-Loser

[lihuajkl]

Bitcoin Losers?
Poor trading
"Investing" in Neo & Bee or similar

1. Poor trading  Day traders,  called speculators as well wager the increase  or decrease price of bitcoin. Or they do  arbitrage trading in different exchange or market. They are doing excessive trading which make them tired and lose money (most of them).
2 "Investing" in Neo & Bee or similar There are quite a number of people who like to trade altcoin. Someone call themself investor. Investing in altcoin is more risker. The price of them fluctuates like roller coaster. If you are unlucky, the creator of altcoin just mades and dumps it.

[ShakyhandsBTCer]

Bitcoin Losers?
Poor trading
"Investing" in Neo & Bee or similar

1. Poor trading  Day traders,  called speculators as well wager the increase  or decrease price of bitcoin. Or they do  arbitrage trading in different exchange or market. They are doing excessive trading which make them tired and lose money (most of them).
2 "Investing" in Neo & Bee or similar There are quite a number of people who like to trade altcoin. Someone call themself investor. Investing in altcoin is more risker. The price of them fluctuates like roller coaster. If you are unlucky, the creator of altcoin just mades and dumps it.

Most people that invest in miners will not end out with any ROI.