Bitcoin Losses - page 4. | Bitcointalksearch.org

abyrnes81

hero member

Activity: 714

Merit: 500

Quote from: gentlemand on April 08, 2015, 04:54:00 PM

Quote from: abyrnes81 on April 08, 2015, 03:46:00 PM

No, sorry I can't stop. I "must" recover that loss and gain another 15 btc for pay all my debt. Bitcoin is an extremely and huge world and I want to gain how much I can.

There's gotta be a more dependable way of gaining extra coins than that.

And are you managing to pull it back so far?

Quote from: freeyourmind on April 08, 2015, 05:08:57 PM

Quote from: abyrnes81 on April 08, 2015, 03:46:00 PM

No, sorry I can't stop. I "must" recover that loss and gain another 15 btc for pay all my debt. Bitcoin is an extremely and huge world and I want to gain how much I can.

So you've gambled your way into losses and you're planning on gambling your way out of the losses?

Can you afford to lose more from gambling as that is mathematically the most likely outcome?

Best of luck to you, but maybe finding another way to generate income aside from gambling would be a good idea.

Yes I can gamble it, I have a lot of bitcoin from the early years (2011-2012) and for me it is not a problem. I can afford to lose them and gamble them, good luck guys!

freeyourmind

sr. member

Activity: 364

Merit: 252

Quote from: abyrnes81 on April 08, 2015, 03:46:00 PM

No, sorry I can't stop. I "must" recover that loss and gain another 15 btc for pay all my debt. Bitcoin is an extremely and huge world and I want to gain how much I can.

So you've gambled your way into losses and you're planning on gambling your way out of the losses?

Can you afford to lose more from gambling as that is mathematically the most likely outcome?

Best of luck to you, but maybe finding another way to generate income aside from gambling would be a good idea.

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Quote from: abyrnes81 on April 08, 2015, 03:46:00 PM

No, sorry I can't stop. I "must" recover that loss and gain another 15 btc for pay all my debt. Bitcoin is an extremely and huge world and I want to gain how much I can.

There's gotta be a more dependable way of gaining extra coins than that. If you are still gambling that means you must have some left.

And are you managing to pull it back so far?

olcaytu2005

legendary

Activity: 1470

Merit: 1024

Quote from: cakir on April 07, 2015, 07:25:31 AM

~0.5 BTC on sports gambling :/

Now I don't gamble Grin

Gamble is the mother of evils Grin

and i havent lost any bitcoin yet. just a little lost during at buy and sell .

Bralex

sr. member

Activity: 308

Merit: 250

Quote from: rememberme on April 07, 2015, 07:09:37 AM

Discuss how much you have lost and how.

Oh the pain that i feel when i think about it lol! I have lost around 25btc for several reasons, I’ve lost at least 10btc on gambling! I have had my computer crash without a back up in my early days in BTC Another 12BTC.

I have been scammed by altcoins and in the digital goods 'my fault not using escrow' I have earned about that back from trading and getting lucky on a few alt coins but still not nice remembering you could have that extra if you would have used your brain.

abyrnes81

hero member

Activity: 714

Merit: 500

Quote from: Ron~Popeil on April 07, 2015, 09:11:30 AM

Quote from: abyrnes81 on April 07, 2015, 09:07:59 AM

I have lost +15 btc on primedice, but I am continuing gamble because I want to restore my loss.

Never chase losses. That money is gone and all you end up doing is increasing your losses over time. Good luck either way.

Quote from: bryant.coleman on April 07, 2015, 09:39:34 AM

Quote from: abyrnes81 on April 07, 2015, 09:07:59 AM

I have lost +15 btc on primedice, but I am continuing gamble because I want to restore my loss.

If you gamble, then you should make sure that you don't get addicted to it. In your case it seems that you have now become addicted to it. You are trying to recover your loses, which in all probability will land you in even more deeper debt. Stop this, or you'll be ruined.

Quote from: redsn0w on April 07, 2015, 09:41:59 AM

Quote from: abyrnes81 on April 07, 2015, 09:07:59 AM

I have lost +15 btc on primedice, but I am continuing gamble because I want to restore my loss.

You should exit "right now" from the gamble world all you will los more bitcoin, this is sure! Search another way to spend your free time, the gambling is not the right thing. I have seen a lot of people (with their families) ruined due the gambling, the free money doesn't exist ... remember it!

No, sorry I can't stop. I "must" recover that loss and gain another 15 btc for pay all my debt. Bitcoin is an extremely and huge world and I want to gain how much I can.

uki

legendary

Activity: 1358

Merit: 1000

cryptojunk bag holder

Quote from: BillyBobZorton on April 07, 2015, 11:34:19 AM

Quote from: uki on April 07, 2015, 11:08:58 AM

Lost about 7.5BTC in various altcoins when the coinex.pw was robbed by their owners, back in March 2014.
Since then, never kept any bigger amount of BTC at any exchange for longer than few hours.
Managed to avoid losses on Mintpal/Moolah scam thanks to that lesson.

Damn that was a lot of money... Thats why im not sure about joining Bit-x even tho they got better rates now.. because you get paid in the exchange, and who knows what happen, maybe you didn't cash out in time. And as far as I know the more frequently you withdraw the worse it is for you because they apply withdraw fee.

Yes that was a lot of money, but seems that I am slowly making it back.
As for the second part of your post, you may join sig campaign and cash out to your safe storage as soon as you get paid. You risk only the last payment period then (either week or month, depending on campaign. In case of Bit-x it is week).

ensurance982

hero member

Activity: 518

Merit: 500

Trust me!

Quote from: rememberme on April 08, 2015, 08:45:50 AM

Quote from: ensurance982 on April 08, 2015, 08:35:20 AM

Quote from: rememberme on April 08, 2015, 08:20:09 AM

Quote from: ensurance982 on April 08, 2015, 08:18:13 AM

Ha, I rather not even think about this. It just makes you bitter and makes your life worse, actually. This is like a board game for rich kids, to be honest Cheesy

give us an amount, that is all

Nah, I'd rather like to keep that to myself. I honestly don't know the exact amount. I don't want to, it's not good for your mental health, I believe. I just wanted to advise other not to place so much importance on their losses.

Well, im at the same page as you, the more you dwell on it the more toxic you become. Just live with it and be a man about it.

P.S. A good method to overcome the loss is talking about it and stating your losses, hence the thread.

Well I don't think it has something to do with 'being a man', but I do get what you're hinting at, and it's true. Yes, for some people it may be very helpful and healing to discuss losses, you're right. I don't question the thread's intentions. Good idea!

rememberme

sr. member

Activity: 415

Merit: 250

Quote from: ensurance982 on April 08, 2015, 08:35:20 AM

Quote from: rememberme on April 08, 2015, 08:20:09 AM

Quote from: ensurance982 on April 08, 2015, 08:18:13 AM

Ha, I rather not even think about this. It just makes you bitter and makes your life worse, actually. This is like a board game for rich kids, to be honest Cheesy

give us an amount, that is all

Nah, I'd rather like to keep that to myself. I honestly don't know the exact amount. I don't want to, it's not good for your mental health, I believe. I just wanted to advise other not to place so much importance on their losses.

Well, im at the same page as you, the more you dwell on it the more toxic you become. Just live with it and be a man about it.

P.S. A good method to overcome the loss is talking about it and stating your losses, hence the thread.

ensurance982

hero member

Activity: 518

Merit: 500

Trust me!

Quote from: rememberme on April 08, 2015, 08:20:09 AM

Quote from: ensurance982 on April 08, 2015, 08:18:13 AM

Ha, I rather not even think about this. It just makes you bitter and makes your life worse, actually. This is like a board game for rich kids, to be honest Cheesy

give us an amount, that is all

Nah, I'd rather like to keep that to myself. I honestly don't know the exact amount. I don't want to, it's not good for your mental health, I believe. I just wanted to advise other not to place so much importance on their losses.

rememberme

sr. member

Activity: 415

Merit: 250

Quote from: ensurance982 on April 08, 2015, 08:18:13 AM

Ha, I rather not even think about this. It just makes you bitter and makes your life worse, actually. This is like a board game for rich kids, to be honest Cheesy

give us an amount, that is all

ensurance982

hero member

Activity: 518

Merit: 500

Trust me!

Ha, I rather not even think about this. It just makes you bitter and makes your life worse, actually. This is like a board game for rich kids, to be honest Cheesy

Q7

sr. member

Activity: 448

Merit: 250

My losses only come from crypto trading when at times selecting the wrong newly launched altcoin and then not exiting fast enough. I actually suffer quite a substantial amount holding on to quark but I was glad I managed to let it go before it sank. Lesson learned, never go near newly launched altcoin, unless it really has something significant in term of new technologies to offer.

snafflecoin

full member

Activity: 155

Merit: 100

MTGOX

granathus

full member

Activity: 294

Merit: 100

My losses, so far

NeoBee: 6 btc
Moolah: 2.5 btc
Dogetrading: 4 btc
Other alts: 3 btc

Also have lost a fair amount trading BTC.

blumangroup

sr. member

Activity: 350

Merit: 250

'Slow and steady wins the race'

Quote from: rememberme on April 07, 2015, 09:13:01 AM

Quote from: blumangroup on April 07, 2015, 09:11:46 AM

Quote from: rememberme on April 07, 2015, 07:09:37 AM

Discuss how much you have lost and how.

This makes me sad when i think of it but it is good to revisit something where you clearly had a problem to do what you done, in my case i lost over 5btc gambling in a week! I have been scammed at least 1 btc and reinstalled a wallet with 2btc in without backing the wallet. So at the very least i have lost 8btc! Which to some might not be much but i don't even have that total anymore :/

Well imagine 40btc

Well i will be honest after imagining losing 4+ times as much as i did that makes me a little happier with my losses so thank you for sharing that and it obviously has not put you off so that is a good thing and you will get it back in the end if you haven't already. Cheers.

randy8777

legendary

Activity: 896

Merit: 1000

Quote from: Daniel91 on April 08, 2015, 03:07:53 AM

As I read your stories it really gives me the creeps.
It seems I'm lucky, still didn't loose anything.
My strategy is to cash out my BTC, as soon as I earn them, via paypal to my bank account.
Value of BTC is still not stable, prices constantly rising and falling, so I don't see any reason to keep them in my wallet.
I also don't buy things with BTC, don't play games so no meaning to keep them to long in my wallet.
I'm sorry because of your Bitcoin Losses.

by this you reduce the risk of losing coins but aren't you interested in investing in bitcoin at some point? waiting for stability can take some years. this thread is a great source of information which helps you to not make the same mistake as others did.

rememberme

sr. member

Activity: 415

Merit: 250

Quote from: Daniel91 on April 08, 2015, 03:07:53 AM

As I read your stories it really gives me the creeps.
It seems I'm lucky, still didn't loose anything.
My strategy is to cash out my BTC, as soon as I earn them, via paypal to my bank account.
Value of BTC is still not stable, prices constantly rising and falling, so I don't see any reason to keep them in my wallet.
I also don't buy things with BTC, don't play games so no meaning to keep them to long in my wallet.
I'm sorry because of your Bitcoin Losses.

Good technique i guess, im currently looking for crowdfunds to invest in.

CoinApult was a good one, im very interested in SendChat now. Any comments on their work so far?

Daniel91

legendary

Activity: 3374

Merit: 1824

As I read your stories it really gives me the creeps.
It seems I'm lucky, still didn't loose anything.
My strategy is to cash out my BTC, as soon as I earn them, via paypal to my bank account.
Value of BTC is still not stable, prices constantly rising and falling, so I don't see any reason to keep them in my wallet.
I also don't buy things with BTC, don't play games so no meaning to keep them to long in my wallet.
I'm sorry because of your Bitcoin Losses.

Lboss

sr. member

Activity: 412

Merit: 251

Quote from: r3wt on April 08, 2015, 02:16:20 AM

===snip===

Yes,that is correct. I don't know if you noticed or not but i did send your first payment monday morning of this week. :-)

I will be the first to admit, that it was all my fault. I trusted someone else to code the exchange, and paid them, and they just straight up f***ed me over, and i tried to pick up the work from there but i obviously was not a very good programmer at the time. OpenEx will be back some day, i'm working very hard on it. I don't like to brag, but i did take this lesson to heart, and as of now i am a full time employed Professional Web Developer. I thank you for understanding and not piling on me like alot of other people did. You are a very nice person. I hope that the kindness you have displayed towards me comes back to you 10 fold

I will leave you with a sneaky little preview of what i do in my spare time after work:

===snip===

Yes , I saw , thank you for payment.

Trust is a big issue for everyone's life. Actually, thats also why bitcoin will become/(became) so important due to its trustless nature.

For new OpenEx , I wish good luck to you. However, I have to say that exchanges are not very popular today as it was in past. There are lots of small and a few bigger exchanges around. And nearly trade volume all of altcoin exchanges is getting lower. If you think to start just an altcoin exchange without any extra features , you can get hard times for marketing and tracting new customers. Also there are some efforts for decentralised exchanges like mappum (maybe bitbay). I believe you have thought twice or more about security.
Maybe if there is any option to invest , I can be again involved in it.

Thanks also for good wishes for me. I think youre also honest and determined person.

Topic: Bitcoin Losses - page 4. (Read 5199 times)