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Topic: A matter of family conflict regarding Bitcoin. - page 9. (Read 1320 times)

sr. member
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It is funny how media use the name of Bitcoin just to get views from the people even though it has nothing to do with the crime.  As I read the article, it is not about the Bitcoin investment that led to shooting but the jealousy of the husband, thinking that his wife is cheating on him reason why the wife wanted separation.

It is not Bitcoin's fault that the man losses money, it is his impatience to sell at a lost or probably the guy got scammed of his money by entering a get rich quick scheme offered by a scam company. 
hero member
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Because of incidents like that, there will be those people who will blame bitcoin for it since it's the possible root cause of the quarrel of the couple. This isn't the first time that we've seen quarrels like this and it's not just with couples but also with people that know each other in real life.
And stories like this are not different from the usual stories that we see from those couples that are fighting over money or have financial problems or even last will testament. As long as there's money relation to an incident like this, people will think of something bad about bitcoin because it's the one that's associated but if there's no bitcoin on it and it's just the typical cash that's being fighted for, you won't hear them say that it's because of money and blame that for it.
legendary
Activity: 3248
Merit: 1402
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I feel like this story is written on the website in a very insensitive way. It's all about the guy, and oh how stressed he was, and how worried that he might kill himself if his wife died. But he isn't the victim in this situation. He's clearly an abuser, a controlling guy who still didn't come to terms with his wife leaving him, and who got so angry that he almost killed her. She, a victim of violence, and protecting her should be at the center. He is a criminal.
Financial loss, whether it's Bitcoin or something else, can be a serious reason for disagreement in the family, but it should not lead to violence, for violence is simply unacceptable in a relationship.
sr. member
Activity: 1610
Merit: 264
Well the husband is just deciding too poorly with his money. I wouldn't even invest if I was like in need of money at that point. 700k baht is like a million in here and that ain't a joke for a losses ya know.

Domestic violence is entirely just a holy crap scenario. Disagreements is just normal for couples, but physical stuff is just a hell no. I feel bad for the wife's family. That guy really needs help if you would ask me. Bitcoin is out of this topic. It could still happen even if it was just normal investment involving fiat currency.

The problem is not with Bitcoin, but with individuals who are not ready for everything related to Bitcoin. Bitcoin is open to everyone, allowing anyone to trade and invest in it, but not everyone can make a profit from Bitcoin. Obviously this is not Bitcoin fault, the main point lies in the individual awareness and patience when the price is not commensurate with the value of the asset when investing.
The dispute that occurred in the story you quoted teaches us to be more mature and think positively about all the risks that can arise from every investment. If you are not ready to take risks, don't ever enter the world of investment.
Yeah this is entirely true. Not everyone is just up for the volatility of Bitcoin. It can be accessed by anyone, but the problem is that people think that it is just way too easy.
legendary
Activity: 3542
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Honestly, why should Bitcoin be blamed? We are responsible for every decision and action that we make no matter what the results are. In this case, the abuse happened not because of Bitcoin but because of what had happened wherein Bitcoin was just involved as a factor. To make it simple, the incident will still occur whether or not it will be a different investment for as long as the money was lost and emotions took over. Therefore, this story is just another case of news platforms or the media incorporating Bitcoin into bad incidents and stories to paint a negative image and reputation for Bitcoin. If you actually think about it, even if it is not Bitcoin and just an ordinary investment (say gold or stocks) the incident will still occur for as long as the same decisions and actions are conducted. nbvbvmn m nn
hero member
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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.

When I was start investing in btc the first lesson I learned was to invest only extra money you could afford to lose. I have never heard so far that investing in any coins will give you guaranteed profit. The problem with the husband why he first not learned properly about btc investment and the second mistake that he used money for investment he or his wife couldn't not afford to lose.

Many news of this kind happen before and the reason was something else like many people bet on cricket and lost then we will say that cricket is wrong and similarly if this story happened in stock market/lost in business then no one would say that business is wrong.

Btc is investment assets and every investment assets has probability of profit and loss. One should learn properly then properly manage fund to start with btc. So far 95% users make profit and only 5% story are out negative so we should not be worry about it

I have one question here, we know that one will not lose single cent until sell. This person invested in future?
sr. member
Activity: 2366
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It seems that the person has no knowledge about Bitcoin and also studied the risks, and such incidents actually happen a lot due to not being able to control emotions and accept reality. And not only in Bitcoin assets or investments, like other investments, if you make a mistake and experience a loss then the household will have problems because one party does not accept it, causing arguments. And if one of the parties is unable to control their emotions, which are actually only momentary emotions, it will lead to heated arguments that lead to violence, divorce, even as in the case mentioned by the OP. And fortunately his wife was still alive, and after that incident all that was left was the regret that he really regretted.
So in this case only intelligent people can judge that it is not Bitcoin's fault, but rather the stupidity and carelessness of its users. And for ordinary people, maybe they will consider Bitcoin negatively, because they only judge and know about it because of Bitcoin, not because of its stupid users.
hero member
Activity: 952
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The problem is not with Bitcoin, but with individuals who are not ready for everything related to Bitcoin. Bitcoin is open to everyone, allowing anyone to trade and invest in it, but not everyone can make a profit from Bitcoin. Obviously this is not Bitcoin fault, the main point lies in the individual awareness and patience when the price is not commensurate with the value of the asset when investing.
The dispute that occurred in the story you quoted teaches us to be more mature and think positively about all the risks that can arise from every investment. If you are not ready to take risks, don't ever enter the world of investment.
legendary
Activity: 2184
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Don't say it is all because of Bitcoin. Bitcoin is only one of many investment assets that can be chosen by investors. There are more stories like this with stock, real estates, gold investors. There are more stories of family conflicts from traders on Forex with overkill leverages.

By writing those stories, that can be true or fiction, people only want to attack Bitcoin. They make Bitcoin is like a very risky investment choice and can destroy family happiness. In fact, happy or not, it depends on how that family works and how family members interact with each other, take care of each other as well as how they reach to consensus for family investment.

Whatever investment asset is, if a husband or a wife arbitrarily steal family money to invest, it will cause serious conflict.

All mistakes are caused by human behavior, but selfish people will never accept that they are wrong and find ways to blame anything they can think of. Bitcoin, forex, stocks...all are just tools for us to make money, we voluntarily participate in the market, no one or any asset can force us, it all just comes from human greed.

I still remember reading an article a few months ago, a Chinese worker jumped into a steel furnace while working and the reason was said to be that he had participated in the stock market and lost all his assets. So whose fault is it? Only stubborn and stupid people blame the stock market.
hero member
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It's not Bitcoin that's the problem; it's human nature and our inherent vulnerabilities. Bitcoin, like any investment tool, is just that – a tool. Do we blame the stock market when investments go sour? Do we point fingers at real estate when property prices plummet? No! The issue lies in individuals not taking the time to educate themselves about the risks.

For anyone reading this: If you're getting into the world of Bitcoin or any investment without proper knowledge, you're setting yourself up for potential disaster. There's no "get rich quick" scheme here. And honestly, to attribute personal failures and horrifying incidents like the one described to Bitcoin is a gross oversimplification. Knowledge is everything. Don't dive into these waters unprepared, and certainly don't let your emotions cloud rational judgement.
hero member
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Those who are knowledgeable will discern the true culprits, and those who are wise will sift through the FUD peddled by the media. Remember that bad news often sells well in the media, and some audiences accept it as a misguided reality.

Marital discussions concerning finances should ideally be approached with thoughtfulness and without undue pressure. Ultimately, nothing is more precious than the lives of the ones we hold dear.
sr. member
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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.

Most people have emotional issues like him. They invested all of their money and expected that it would give them a higher return but as we all know the crypto world is highly volatile and suddenly if the market goes dump they face a huge loss which they can't afford and lose control over his mind and body same case occurs with the person which is mentioned in the article. He loses all his investment and he is left with nothing in a situation of fear and anger he attempts to murder. As experienced people say invest those which you can afford to lose. So in this, there is no bad role of Bitcoin nor his wife but the only thing is that he lost his control and trading want patient.
hero member
Activity: 2366
Merit: 594
Bitcoin has no issue with this. The husband has really a problem with his mind or emotional wellbeing as he does it because no matter how big your loss you don't blame someone unless you have something in your mind that you can do but mostly what I've noticed is that they commit suicide.

That's huge money that got lost for sure. I wouldn't say that it's bitcoin as it has financial aspects it's not solely about bitcoin as we talk about the money associated with it they just use it as a means of investment. The possibility would be their life savings that they can go to the street or make them broke all their lives which that husband led to having that scenario.
legendary
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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.
full member
Activity: 2520
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this is a bad sign of how the married being broken because of wrong understanding in cryptocurrency and now Bitcoin once again is being
blamed for this incident .

but it is obvious that the wife is against the investment and only th husband pushes this in the reason of the argument.


The cause of the incident was Kritsada’s loss of 700,000 baht in Bitcoin investments, which led to disagreements with his wife. The wife asked for a separation, which stressed Kritsada. 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.

https://thethaiger.com/hot-news/crime/bitcoin-investment-loss-sparks-domestic-violence-and-six-hour-police-standoff-in-ayutthaya

this is according to the articles that I assumed the reason of the wanted of divorce from the wife's side.
hero member
Activity: 994
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They invested more than they can afford to lose, i believe if they had invested an amount they wouldn't mind losing, all of this would not have escalated this way, people have to learn that BTC was not created by Satoshi to make the wealthy, but as a p2p electronic cash. The husband shot his wife because he could not handle his stress and anxiety, many people lose all of their investments daily, but many of them don't turn dangerous and a threat, BTC was just the investment in this situation, it could have easily been another risky one too.
full member
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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.



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.
hero member
Activity: 714
Merit: 521

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.

Seing bitcoin running bearish and then the investors are loosing is not a reason enough to engage in misunderstanding that would have led to domestic violence, bitcoin is not altcoin for crying out loud, when it falls it rises again, all that would have been done during the dump market season is to hold more for it to pass, if the two partners understand well what a volatile cryptocurrency is like bitcoin, maybe they could communicated it between themselves and just hold instead of resulting to fight.

Domestic violence is not acceptable at any level and people should know that when there's no effective communication and information there will be misconception and having issues may become inevitable for the parties involved, or maybe there's more other things unclear to us that have aggravated the anger that led to the conflict between the two partners,  believe they would have been wrongly informed about bitcoin, if they had an adequate knowledge in bitcoin this may not have happened.
hero member
Activity: 1120
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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.
Stories like this are actually very easy to find in a household environment, because they can immediately go viral when the investment or money invested is in Bitcoin. However, in my area I rarely find this kind of thing because perhaps not many people here experience losses through Bitcoin and even if there is a loss, it doesn't really matter. So no one blames Bitcoin or anything related to cryptocurrency, be it investment or trading.

Quote
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.
People who blame Bitcoin when they experience losses are people who don't understand Bitcoin, because basically every mistake lies with themselves who may still not be able to manage their assets well or still don't understand when trading in the market and don't know the concept. investment in the long term. So it is very illogical if someone who experiences a loss blames Bitcoin because he himself believed in Bitcoin before he experienced a loss through the market or investment.
sr. member
Activity: 952
Merit: 275
Someone created a similar topic and I was the first to reply, although the person failed to drop a link to the real news which makes me think it's probably fake, so thanks for clearing the doubt, my replies was even off from what I just read in this link of yours now.

It seems the man fell into scam somehow, I thought they had the fight because they both invested into Bitcoin using one single wallet and someone between the two went behind the back to spend some Bitcoin, but now thats not the case.

Women will always be women, once a man lost everything they file for divorce, imagine if this man made more money, would she still file for divorce? This is one good way to know if someone really loves you or not.

I like telling men to pretend losing it all and see what their women will do, the world is fill with lies and fake love today, if I am this man I will summon the courage and accept the fact that the wife is not worth to be my woman in the first place.

This has nothing to do with Bitcoin, scammers hunts for bank accounts and empty the account, the same with crypto wallets too, anyone can become a victim to scammers at any time, with Bitcoin or no Bitcoin.
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