A matter of family conflict regarding Bitcoin. - page 6.

philipma1957

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Quote from: Kasabus on September 22, 2023, 02:51:31 PM

This is actually unavoidable if you like marrying your bitcoin because of greed, and your whole life turns with it. Once you start seeing things are not working based on your plan, you will start to feel uncontrollable and resort into making some family conflict because of your unfortunate outcome from bitcoin investment. It just proves that once you invest in bitcoin, be sure to be more open minded and never expect too much from your investment so you won’t get easily affected once it turns out not working according to your plan.

I disagree this type of person would simply find another thing to invest and lose in.

Then blame his family for putting pressure on him in the first place.

Thus it justified him shooting his loved one. He is and will continue to be a sick person. The world does not need that type of person in general.

Here is hoping they execute him. Or at least jail him.

AmoreJaz

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Quote from: Kasabus on September 22, 2023, 02:51:31 PM

This is actually unavoidable if you like marrying your bitcoin because of greed, and your whole life turns with it. Once you start seeing things are not working based on your plan, you will start to feel uncontrollable and resort into making some family conflict because of your unfortunate outcome from bitcoin investment. It just proves that once you invest in bitcoin, be sure to be more open minded and never expect too much from your investment so you won’t get easily affected once it turns out not working according to your plan.

you need to assess the overall situation you are in. and think about the repercussions your family will suffer if you do things out of your normal behaviour.
in the case of this story, the husband lost about $19,500 from btc investments. for many people in thailand, that's a lot of money already. hence, his wife asked for separation but the husband dont want to. i guess, the lesson on this situation is, let your wife or husband knows about your crypto involvement and tell them the risks you are taking in. if they don't fully understand what you're doing and you're staking your family's savings, then for sure you will have big trouble with your family.

Dr.Bitcoin_Strange

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There are no Bitcoin-related issues between husband and wife or girlfriend and boyfriend that should escalate to resulting in domestic violence 👊😡👊; perhaps this kind of issue cannot even be cause by Bitcoin because it is the lack of self-control of the man that can cause him to carry out such action. There was a case where a woman caused her husband to lose a whole lot of money. I can't remember the figure, but it was a huge loss, and yet the man did not bounce on the wife because already she was feeling remorse. But it just all ended that she was forgiven and the fund was sourced from another dimension, but the action of the man was wrong.

Kasabus

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This is actually unavoidable if you like marrying your bitcoin because of greed, and your whole life turns with it. Once you start seeing things are not working based on your plan, you will start to feel uncontrollable and resort into making some family conflict because of your unfortunate outcome from bitcoin investment. It just proves that once you invest in bitcoin, be sure to be more open minded and never expect too much from your investment so you won’t get easily affected once it turns out not working according to your plan.

philipma1957

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Quote from: Smartvirus on September 22, 2023, 12:37:08 PM

What’s the conversation rate for 700,000baht against the USD? Can somebody do that for me?

Meanwhile, I went through the whole story with the provided link and it wasn’t really about bitcoins but, it’s been staged as the excuse here. I think bitcoin is being victimized in this whole dispute as, it was already a failed relationship between them both else, why would a couple live apart and why was the supposed husband scared the said wife would cheat on him.

The husband went too far and was really in on having the divorce option off the table for them but, the length he went is one that doesn’t fix any problems but instead, destroys the possibility of any further relations.

Living someone so much shouldn’t be showed in your quest to take their life rather than have anyone else have them but, in the sacrifices you could endure to enable them have there best and you share in there joys in life.

roughly 20000 usd is 700000 baht.

but in that country it is cheap to live and salaries are low.

it is around 100,000 baht a month or 7 months is 700,000 baht.

I used google search and got 1,160,000 baht a year .

which I rounded to 100,000 baht a month

Renampun

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Quote from: bluebit25 on September 19, 2023, 11:04:10 PM

...
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.

it's really a heart-wrenching incident, I highlight here how important it is to educate yourself about investment, especially Bitcoin investment. before buying Bitcoin, anyone must understand how it works and its price volatility, when you buy Bitcoin and then hold it, you won't lose anything because of the amount the bitcoin you bought at the beginning remains the same, but when you sell it during a bearish market, you lose because the value you bought at the beginning is certainly different from when you sold it.

apart from that, it is important to communicate with your partner when facing market uncertainty.

qwertyup23

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Quote from: bluebit25 on September 19, 2023, 11:04:10 PM

<..snip..>

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 do agree with your conclusion.

I think this incident may be regarded as one of domestic violence caused by the husband. It can involve any kind or type of currency but it just so happened that BTC was the main currency involved. People and news anchors should not literally take it and understood it that violence is linked with BTC; and vice versa. It just so happened that what was involved was BTC and it could be any other currency and the news would be the same.

darkangel11

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Quote from: pawanjain on September 22, 2023, 10:57:59 AM

The media will do anything to portray bitcoin as the bad guy because that is where they get more views.
There are a lot of people who think they missed the opportunity to invest in bitcoin and don't miss any chance to spread hatred about bitcoin.

As far as this story is concerned I think nobody should do domestic violence whatever the reason be it.
Money will come go but the relationships we build with our closed ones shouldn't be impacted because of it.

It's true, some media outlets seek public attention this way. I can see it every day when reading the news, as the media publish headlines saying that someone invested in bitcoin and lost a lot of money, but when you read further you come up with the real story, which is that the guy was scammed by people who said they would invest his money in bitcoin for him but really took the money and disappeared. It had nothing to do with bitcoin.
I wonder if that poor guy ever owned any bitcoin, or was scammed or sold levered futures contracts or something like that.

Smartvirus

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What’s the conversation rate for 700,000baht against the USD? Can somebody do that for me?

Meanwhile, I went through the whole story with the provided link and it wasn’t really about bitcoins but, it’s been staged as the excuse here. I think bitcoin is being victimized in this whole dispute as, it was already a failed relationship between them both else, why would a couple live apart and why was the supposed husband scared the said wife would cheat on him.

The husband went too far and was really in on having the divorce option off the table for them but, the length he went is one that doesn’t fix any problems but instead, destroys the possibility of any further relations.

Living someone so much shouldn’t be showed in your quest to take their life rather than have anyone else have them but, in the sacrifices you could endure to enable them have there best and you share in there joys in life.

Aanuoluwatofunmi

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Quote from: pawanjain on September 22, 2023, 10:57:59 AM

As far as this story is concerned I think nobody should do domestic violence whatever the reason be it.
Money will come go but the relationships we build with our closed ones shouldn't be impacted because of it.

That's true, the solution to any problem is not engaging in domestic violence, especially when this is happening between a man and a woman, there are some situations that we only to settle agrression with calm, loosing bitcoin isn't the end of life, moreover there's always a second chance for another opportunity to come and they can recover the loss again, when things like this happens, the two of them are expected to address it and settles it and everything come to an end, there are better ways of settling down dispute than been aggressive, there will always be more opportunities to come and invest and the market pumps.

Ale88

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Quote from: bluebit25 on September 19, 2023, 11:04:10 PM

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

Quote

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.

There are many things to consider in cases like this and others similar: who bought the bitcoins? When were the bitcoin bought, before or after the marriage? Have they been bought using personal funds? Or using also the partner's funds? Did they agree to share everything? Did both know the other person bought cryptos? These are just the first questions that came up to my mind, every family situation is different.

pawanjain

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Nothing lasts forever

The media will do anything to portray bitcoin as the bad guy because that is where they get more views.
There are a lot of people who think they missed the opportunity to invest in bitcoin and don't miss any chance to spread hatred about bitcoin.

As far as this story is concerned I think nobody should do domestic violence whatever the reason be it.
Money will come go but the relationships we build with our closed ones shouldn't be impacted because of it.

Jawhead999

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Quote from: TribalBob on September 22, 2023, 10:30:45 AM

The mistake is not in Bitcoin, only individuals who think Bitcoin can provide wealth without having to work, this view is very bad, mistakes in investing definitely exist, especially in Bitcoin, it's not actually a loss, but the value of Bitcoin itself is decreasing, not disappearing, at least for people who invest. Here you have to be more patient and don't make your wife the cause of failure in everything

But the husband is still wrong if he was not tell to his wife is he use the money to invest in Bitcoin and explain about the risk. If he keep convincing his wife Bitcoin price will increase very high in very soon, it's not surprising how his wife complain it and ask for separation.

After all when someone is already married, there's no such husband's money or wife's money, it's a family money.

TribalBob

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Quote from: bluebit25 on September 19, 2023, 11:04:10 PM

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

Quote

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.

The mistake is not in Bitcoin, only individuals who think Bitcoin can provide wealth without having to work, this view is very bad, mistakes in investing definitely exist, especially in Bitcoin, it's not actually a loss, but the value of Bitcoin itself is decreasing, not disappearing, at least for people who invest. Here you have to be more patient and don't make your wife the cause of failure in everything

moneystery

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all criminal cases involving bitcoin investors/traders are purely the fault of those people who did not control their emotions wisely. an investor/trader should have good emotional control, so that when they lose it will not cause disaster to the people around them.

and anyone who blames bitcoin for the mistakes they make means they don't understand investing or trading bitcoin. trading has risks and at any time someone can lose their money, and this is not only in bitcoin, but in almost all investment instruments. so blaming bitcoin for the criminal cases they have committed is not appropriate.

coolcoinz

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Quote from: SeriouslyGiveaway on September 19, 2023, 11:14:03 PM

Don't say it is all because of Bitcoin. Bitcoin is only one of many investment assets that can be chosen by investors.

He wasn't an investor but a trader. An investor doesn't just lose all his money like that. His loss must be recent because I doubt the guy would lose money in that FTX crash last year and wait a year to finally settle things with his angered wife, although everything is possible.

More likely he bought bitcoin when it was going up above 30k and sold everything at 26 or 25k

He was obviously mentally unstable since: The next day, the police continued their close monitoring of Kritsada, who was under stress and in pain after shooting himself in the leg.

stadus

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The root cause of the problem is indeed money, but the news was delivered in a misleading way, making it appear that Bitcoin is a bad investment. Some writers of stories or news choose to cast a negative image on Bitcoin because they know people are more likely to react to it than to create more informative posts to educate people about Bitcoin.

Just like in gambling, when a person is addicted, they tend to blame gambling, but the actual root cause is often irresponsible gambling.

One should understand that investment carries risk and it does not guarantee profit, regardless of what kind of investment.

philipma1957

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Quote from: bluebit25 on September 19, 2023, 11:04:10 PM

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

Quote

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.

the guy is a piece of shit.

put him to death 💀 and end the story.

Owning too many coins at 50k and freaking out when they are 25k then shooting your wife . deserves the death penalty.

degenerative traders acting this way can do it with beanie babies. I know a few people that went broke buying beanie babies

Litzki1990

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I don't understand why everyone blames bitcoin for everything or all crimes.
If someone is kidnapped and ransomed with Bitcoin, it's Bitcoin's fault.
It is Bitcoin's fault if you buy a prohibited product through Bitcoin.
What I don't understand is why you are blaming Bitcoin instead of catching the culprit. If criminals are caught and given appropriate punishment, criminals will be afraid to commit crimes. It is not only Bitcoin that is a crime but it is not like that at all.

Many times it is seen that the in-laws torture the girl for the dowry money, here the blame should be on the dowry money instead of the in-laws. Instead of worrying about the way in which the crime is being committed, we should worry about the criminals.

Bitcoin_people

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Invest in Bitcoin only as much money as you can afford to lose, investing more than that can definitely put you at risk. We have seen many people invest without understanding and sometimes they lose their investment money due to wrong decisions. If a person is thinking of investing money from his family, he must understand the basics. Also, if he decides to use his family savings to invest in Bitcoin, I'd say it's not a good sign at all. Also the story you have presented I think here the person has invested using his family funds and he has suffered. Also if you are a family member then invest with your savings never take such investment from family it is risky. Moreover, if a person invests using more of his money, he must invest in Bitcoin, although investing in Bitcoin will not have the fear of losing money but will have to wait for a long period of profit.

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