Topic: Biggest personal bitcoin loss - page 14. (Read 8737 times)
To be fair I have never experienced any loss that would make me really depressed. Sure I had some small losses here and there in the altcoin market but that's about it, the rest has been all securely held until now and I dont plan to change.
never lost a BTC but spent them 
My biggest lost was 0.2 btc which I lost on a ponzi site. Back then, I have no idea that site(cryptodouble.com) is a ponzi. I was paid once when I tried the site but when I reinvested much bigger amount, they didn't paid me anymore until they closed their site
The only time I've had any bitcoin losses were because of my own stupidity, most of them which I earned back very quickly, so it didn't affect me much when my btc recovered. My biggest personal loss was 5 btc, I invested in the wrong altcoins. Thankfully, market was going good at that time and I knew exactly how things would be so I traded smart and made 5 btc in 2 weeks by trading only. Shush, secret.
I decided it would be a great idea to move .7 BTC to a wallet, encrypt it and forget the passphrase.......
The last part wasn't part of the plan lmao.
Haha that could be called an experiment, right? The last part wasn't part of the plan lmao.
At least you didn't throw away your whole PC along with your wallet like that one guy I read about.
Bitcoin losses are part of the game. Of course the idea is to reduce it as much as you can while trading.
One approach could be moving into the alt coin world. They're plenty of those and they easily convert to bitcoin using exchanges.
Alt coin strategies need to be diversified and carefully monitored. They change very rapidly and if you hold a short term position you need to be ready to sell as soon as you feel there is a downward slide (not to be confused with a downward movement).
The best would be to check the daily min-max values and the volume of trading. That gives you a hint on how the sentiment is for the coin.
Of course there's more to it, feel free to PM me if yuo like more information!
One approach could be moving into the alt coin world. They're plenty of those and they easily convert to bitcoin using exchanges.
Alt coin strategies need to be diversified and carefully monitored. They change very rapidly and if you hold a short term position you need to be ready to sell as soon as you feel there is a downward slide (not to be confused with a downward movement).
The best would be to check the daily min-max values and the volume of trading. That gives you a hint on how the sentiment is for the coin.
Of course there's more to it, feel free to PM me if yuo like more information!
I decided it would be a great idea to move .7 BTC to a wallet, encrypt it and forget the passphrase.......
The last part wasn't part of the plan lmao.
The last part wasn't part of the plan lmao.
I remember losing a small amount of bitcoin after playing with gpg and encrypting one of my cold storage addresses, then deleting both the encrypted copy and the unencrypted address keys. Oops.
I decided it would be a great idea to move .7 BTC to a wallet, encrypt it and forget the passphrase.......
The last part wasn't part of the plan lmao.
The last part wasn't part of the plan lmao.
Hmm the biggest loss I can remember is only a third of a whole bitcoin, not much compared to those who were left nothing by the Mt. Gox fiasco. Also the biggest losses I could think of would obviously come from gamblers who are addicted to that thing.
I've had minor losses, but nothing compared to this guy who I remember hearing about last year:
http://www.coindesk.com/watch-man-confront-ceo-mt-gox-missing-bitcoins/
I think he said he had around $300k worth of btc on Mt Gox. Not sure if his story was ever followed up on, but I'm doubting he got anything back.
http://www.coindesk.com/watch-man-confront-ceo-mt-gox-missing-bitcoins/
I think he said he had around $300k worth of btc on Mt Gox. Not sure if his story was ever followed up on, but I'm doubting he got anything back.
I am not sure if I am putting this in the right section.
Anyway, what are some of your guys biggest bitcoin losses? Did many people here loss everything with Mtcox? For me it is online casinos. I do have a moderate gambling habit so it was bound to happen.
Anyway, what are some of your guys biggest bitcoin losses? Did many people here loss everything with Mtcox? For me it is online casinos. I do have a moderate gambling habit so it was bound to happen.
I lost 0.4 btc (2 x 0.2) in a site which promised to double those. They told that they invested the money in trading and i wanted to try (even i didn't believed them). But the tentation was big and I send the money. The site was gone after two days and with the site were gone even my bitcoin. All I can tell is: fortunately wasn't more.
I am not sure if I am putting this in the right section.
Anyway, what are some of your guys biggest bitcoin losses? Did many people here loss everything with Mtcox? For me it is online casinos. I do have a moderate gambling habit so it was bound to happen.
Anyway, what are some of your guys biggest bitcoin losses? Did many people here loss everything with Mtcox? For me it is online casinos. I do have a moderate gambling habit so it was bound to happen.
I lost bitcoin trying to earn some. Concretely I paid some bitcoin to buy hash power in a cloud mining site. I had earnings for two weeks and then bought again hash power (big error because I must earn firstly the bitcoin that has spent) and that week the cloud mining site was hacked (that's the story the owners told) and all my bitcoin get lost.
Back in early 2010 my Bitcoin Sifu gave me 100 coins. They were stolen along with my laptop in SBGL (Galeão International Airport). 
Most likely they whipped the HD and sold it for a few Reales.
Most likely they whipped the HD and sold it for a few Reales.
my biggest loss is last week
i lost 0.3btc from rolling dice
i lost 0.3btc from rolling dice
My biggest bitcoin loss was 30 btc when I bought an altcoin for 1 btc
Which altcoin was that? Did you make any money off it?
hence I don't trade now, I only collect coins instead lol.
Which coins have you been collecting?
Our coin qibuck also lost 15 btc to a scammy Dev, that hurt us a lot as a group..took me ages to recover emotionally and monetarily still trying to cope..
I have little/no knowledge about your coin, but I did read a little about it here: https://bitcointalk.org/index.php?topic=711987.1700
Sad.
My biggest bitcoin loss was 30 btc when I bought an altcoin for 1 btc then it went up to 42 btc but I sold at 12, so although I had won 11 I had technically lost 30, that was my most stupidest mistake, hence I don't trade now, I only collect coins instead lol.
Our coin qibuck also lost 15 btc to a scammy Dev, that hurt us a lot as a group..took me ages to recover emotionally and monetarily still trying to cope..
Our coin qibuck also lost 15 btc to a scammy Dev, that hurt us a lot as a group..took me ages to recover emotionally and monetarily still trying to cope..
From the majority of posts here, the only big personal losses here are either because of gambling or because of scams. I know a fellow member who's mining hardware caused a fire in the home. I think that could be one of the most weirdest personal losses because of bitcoin lol xD
There was a big fire at a mining facility months ago. They lost a lot of SPxx miners and the building. Shit happens
I lost 0.2 on Auroracoin. Do you remember the hipe? I didn't bought on the top but expected it to go up once more. So I still have 210 of them.
Also lost 1500$ on Mtgox. I was stupid and sent them to the site in the last days to buy 12 cheap bitcoins. And then one day the page turned into beautiful white color...
Also lost 1500$ on Mtgox. I was stupid and sent them to the site in the last days to buy 12 cheap bitcoins. And then one day the page turned into beautiful white color...
I lost .2 to a wrong address 1 time. Also lost .4 to cex.io when their cloudmining collapsed. Rode that 1 all the way to the bottom LOL.
I do not gamble , so I was safe from such losses however I'am investing on few projects on Securities , one of them turned up to be a scam (not the manager of the project) but the seller who was supposed to sell us his service . however we are trying to get up on our feets and that's just 60$ 
so nothing big .
so nothing big . Jump to: