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.
Topic: A matter of family conflict regarding Bitcoin. - page 8. (Read 1235 times)
Bitcoin blowup: Domestic dispute turns crypto catastrophe with six-hour standoff in central Thailand
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.
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.
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.
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.
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.
~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.
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 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.
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.
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.
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. 
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.
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.
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.
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". Quote
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". 
Another classic episode of the media actively trying to throw Bitcoin in a bad light by making it seem like Bitcoin is the cause of the issues the man had with his wife when it's obvious that the man made a bad investment decision based on timing. I'm definitely sure that the man made those purchases during a high without making an informed decision on the purchase.
Also, The article frequently referenced the husband going to his "wife's house" when they're married to each other? Sounds dysfunctional to me and unrelated to Bitcoin itself.
Also, The article frequently referenced the husband going to his "wife's house" when they're married to each other? Sounds dysfunctional to me and unrelated to Bitcoin itself.
Tell me honestly, guys, what is the treaty for this issue with Bitcoin? It is the same as if someone is given a knife and kills someone with it and later says that he did not kill him, but the knife did it. Understand that this matter is the same; it means nothing else; it is just a defamation of Bitcoin compared to fiat currency. Bitcoin is only a medium of investment; it cannot be blamed. If it is seen, this person blamed his own mistake on others and committed murder out of guilt. Cryptospace is not a game; you will only win it. And no one connects his emotions with it. Rather, only smart thinking and knowledge work in the field of cryptocurrency. The cryptocurrency market doesn't look at Kisi's emotions, so let's go, man. This guy has invested his entire portfolio; I will give this person a little less loss. So, sorry friend, remove this misunderstanding from your mind; it doesn't work here; only your knowledge and experience can give you profit; otherwise, cryptocurrency is not your life code.
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.
But why do we blame Bitcoin in this story or in other similar stories? I do not think that Bitcoin has a direct relationship to family conflicts, unless the narrator of the story wants to distort Bitcoin by relying on social ethics, which, in my opinion, is an immoral position in itself.On the other hand, there are many similar stories about domestic violence or severe disputes between members of the same family. If it is a dispute over the division of the inheritance, for example, is it permissible to blame the inheritance in this case? The way the story is presented is what indicates the accusation towards the party whom the narrator wants to accuse, without any logical analysis.
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.
For people who already understand Bitcoin, they certainly won't blame Bitcoin for this reason. However, for those who don't understand the truth, this is very possible if they think that Bitcoin is very dangerous, all crimes are committed as a result of Bitcoin.In my country there was also an almost identical case, namely where a student at the most famous campus in this country killed his younger generation on campus because he was in debt due to loans and because his previous investment in crypto had suffered huge losses. Fund what happened? People are increasingly talking about the dangers of Bitcoin, even though what made him commit murder was because he couldn't stand the bills from the online loan.
So from this we can conclude that this crime occurred because the person was not mentally prepared to deal with the problems that happened to him. And he is also not prepared for the various risks he might face. So I just imagined how delicious it would be without being prepared for the risks. So this happened. Even though people like this are faced with cases other than Bitcoin, they will definitely have the same temperament. So, don't blame Bitcoin, but blame the individuals who can't control their emotions wisely.
The important point from this incident is not to be too all in on bitcoin especially if we have a family to think about then invest as much as we can and don't be too pushy.
Even though being in bitcoin is pretty good but in this case we also have to realize that there are other needs so use some of our money to invest because "this is an investment not gambling" so we must be aware of the risks we have to take and this is not a case where we save today and will benefit tomorrow.
On the other hand, if indeed our family knows it would be better if we discuss in advance what we want to do so that we avoid situations like this because seeing from the beginning the dispute occurred in this article starting from the loss of Bitcoin investment of 700,000 baht by Kritsada (perpetrator).
Even though being in bitcoin is pretty good but in this case we also have to realize that there are other needs so use some of our money to invest because "this is an investment not gambling" so we must be aware of the risks we have to take and this is not a case where we save today and will benefit tomorrow.
On the other hand, if indeed our family knows it would be better if we discuss in advance what we want to do so that we avoid situations like this because seeing from the beginning the dispute occurred in this article starting from the loss of Bitcoin investment of 700,000 baht by Kritsada (perpetrator).
The media will want to use this story to make bitcoin look bad. The headline is misleading, Bitcoin blowup??
What I find in this story is a troubled husband who thinks his wife is unfaithful and is paranoid about it. These characteristics are not those of a successful trader, it’s no wonder that he lost so much money in bitcoin investments. The husband cannot blame his actions on bitcoin, maybe his lawyer can attempt to convince the court that his client suffered from a mental breakdown and ask for a reduced sentence but still that wouldn’t explain why and how he got a gun.
What I find in this story is a troubled husband who thinks his wife is unfaithful and is paranoid about it. These characteristics are not those of a successful trader, it’s no wonder that he lost so much money in bitcoin investments. The husband cannot blame his actions on bitcoin, maybe his lawyer can attempt to convince the court that his client suffered from a mental breakdown and ask for a reduced sentence but still that wouldn’t explain why and how he got a gun.
Problem are bound to happen in the family and also other aspect of the world but I don't see any reason for this to be blame on Bitcoin. I mean there are so many cases of husband actually beating up his wife due to financial reasons relate to fiat but that's doesn't mean fiat should be blamed. My take on this is just because if the low and lack of understanding to what the husband was actually getting himself involved in that caused him the loss of his coins.
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.
Exactly, there are already lots of news about domestic disturbance very similar to this case here that have nothing to do with bitcoin. We are going to see a lot more due to the increased economic hardship around the world too. But when bitcoin is involved the propaganda machines start getting active and choose it to spread FUD trying to slow down the adoption which they are too afraid of.
Bitcoin is just a tool, it will always be the people who irresponsibly investing in bitcoin that will have to be blame whatever crime they are facing. Just like what we mostly heard about money that it’s the root of the evil, but in reality it’s the greedy people that want to take advantage on money are the ones pushing themselves to do devilish things. However, I always believe that when it comes to bitcoin, not everyone is capable to make it work. It takes a wise man to successfully invest in it and ends without regretting.
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