Bitcoin Losses - page 5. | Bitcointalksearch.org

r3wt

hero member

Activity: 686

Merit: 504

always the student, never the master.

Quote from: Lboss on April 08, 2015, 02:10:07 AM

Quote from: r3wt on April 08, 2015, 01:56:13 AM

Quote from: Lboss on April 08, 2015, 01:51:56 AM

I have lost :

~19 BTC @ vircurex - due to hacks claims of site owner ( I was out of city , got barely internet connection when it happened)
~10-15 BTC(equivalent of 64k DGC at that time ) @ cryptoave- due to unabilty of site owner baritus
~12-15 BTC @ ltcgear scam
~5 BTC at bitcoin stocks (like AM , MergedMining and old stocks)

Totally I have lost about 45-55 BTC. Good lessons for me.

You forgot to mention the 16(.6 btc IIRC) shares you invested with me in OpenEx.

Well , Im getting back those , right ? So, I dont think its a lost.

Besides , I was really liked your open exchange idea. At first , It wasnt my main idea to get more profit. I was just excited to see an open exchange funded by me (even it was small portion). I really didnt worried about what I invested. However, It was sad to see hack things and I was worried about other peoples' fund. Even if you didnt want to pay investors money, I was OK , because I knew it was risky like all start-ups.

Anyway , I think its not a lost and want to appreciate for your efforts after all.

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:

btcton

legendary

Activity: 1302

Merit: 1007

I haven't lost anything myself. Either that or it was so insignificant that I don't even remember.

I have never gambled or put myself in a risky position as far as I can recall. Then again, nothing has warranted that situation.

rememberme

sr. member

Activity: 415

Merit: 250

Quote from: Lboss on April 08, 2015, 02:10:07 AM

Quote from: r3wt on April 08, 2015, 01:56:13 AM

Quote from: Lboss on April 08, 2015, 01:51:56 AM

I have lost :

~19 BTC @ vircurex - due to hacks claims of site owner ( I was out of city , got barely internet connection when it happened)
~10-15 BTC(equivalent of 64k DGC at that time ) @ cryptoave- due to unabilty of site owner baritus
~12-15 BTC @ ltcgear scam
~5 BTC at bitcoin stocks (like AM , MergedMining and old stocks)

Totally I have lost about 45-55 BTC. Good lessons for me.

You forgot to mention the 16(.6 btc IIRC) shares you invested with me in OpenEx.

Well , Im getting back those , right ? So, I dont think its a lost.

Besides , I was really liked your open exchange idea. At first , It wasnt my main idea to get more profit. I was just excited to see an open exchange funded by me (even it was small portion). I really didnt worried about what I invested. However, It was sad to see hack things and I was worried about other peoples' fund. Even if you didnt want to pay investors money, I was OK , because I knew it was risky like all start-ups.

Anyway , I think its not a lost and want to appreciate for your efforts after all.

Good man

Lboss

sr. member

Activity: 412

Merit: 251

Quote from: r3wt on April 08, 2015, 01:56:13 AM

Quote from: Lboss on April 08, 2015, 01:51:56 AM

I have lost :

~19 BTC @ vircurex - due to hacks claims of site owner ( I was out of city , got barely internet connection when it happened)
~10-15 BTC(equivalent of 64k DGC at that time ) @ cryptoave- due to unabilty of site owner baritus
~12-15 BTC @ ltcgear scam
~5 BTC at bitcoin stocks (like AM , MergedMining and old stocks)

Totally I have lost about 45-55 BTC. Good lessons for me.

You forgot to mention the 16(.6 btc IIRC) shares you invested with me in OpenEx.

Well , Im getting back those , right ? So, I dont think its a lost.

Besides , I was really liked your open exchange idea. At first , It wasnt my main idea to get more profit. I was just excited to see an open exchange funded by me (even it was small portion). I really didnt worried about what I invested. However, It was sad to see hack things and I was worried about other peoples' fund. Even if you didnt want to pay investors money, I was OK , because I knew it was risky like all start-ups.

Anyway , I think its not a lost and want to appreciate for your efforts after all.

r3wt

hero member

Activity: 686

Merit: 504

always the student, never the master.

Quote from: Lboss on April 08, 2015, 01:51:56 AM

I have lost :

~19 BTC @ vircurex - due to hacks claims of site owner ( I was out of city , got barely internet connection when it happened)
~10-15 BTC(equivalent of 64k DGC at that time ) @ cryptoave- due to unabilty of site owner baritus
~12-15 BTC @ ltcgear scam
~5 BTC at bitcoin stocks (like AM , MergedMining and old stocks)

Totally I have lost about 45-55 BTC. Good lessons for me.

You forgot to mention the 16(.6 btc IIRC) shares you invested with me in OpenEx.

Lboss

sr. member

Activity: 412

Merit: 251

I have lost :

~19 BTC @ vircurex - due to hacks claims of site owner ( I was out of city , got barely internet connection when it happened)
~10-15 BTC(equivalent of 64k DGC at that time ) @ cryptoave- due to unabilty of site owner baritus
~12-15 BTC @ ltcgear scam
~5 BTC at bitcoin stocks (like AM , MergedMining and old stocks)

Totally I have lost about 45-55 BTC. Good lessons for me.

Fabrizio89

hero member

Activity: 924

Merit: 1000

Lost a bit in stupid bitcoin stocks, but made profit too. Lost a bit by buying stupid miners. Lost a bit in trading when learning. Overall I'm doing good anyway.

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

Quote from: Kprawn on April 08, 2015, 01:35:07 AM

Added together .... I would say I lost about 1 Bitcoin to older Cloud mining services that never ROI or closed their doors, when cloud mining was still the "In thing" Angry

At some time in your life, you make poor investment decisions and I write them off as "school fees" not mistakes. The better decisions always make up for the bad ones...

I would rather make three bad decisions and one GREAT decisions than not making any decisions at all. {If you take no calculated risks, you will not succeed}

I have read most of the books from successfull business men and women and they have all failed in many of their previous attempts at making a success, until they succeeded in one big project and that propelled them into greater success. Grin

Let's face it, the reality is that to be able to see success, one must fail first in order to be motivated and set things right. Decision-making is the most important part in one's success. One bad decision and you lose, but sometimes, executing bad plans often result to an even greater success, because if you're the positive one, you'll treat those as "school fees" (as to what you have said) and continue going further with enough knowledge not to repeat the same process again.

Kprawn

legendary

Activity: 1904

Merit: 1074

Added together .... I would say I lost about 1 Bitcoin to older Cloud mining services that never ROI or closed their doors, when cloud mining was still the "In thing" Angry

At some time in your life, you make poor investment decisions and I write them off as "school fees" not mistakes. The better decisions always make up for the bad ones...

I would rather make three bad decisions and one GREAT decisions than not making any decisions at all. {If you take no calculated risks, you will not succeed}

I have read most of the books from successfull business men and women and they have all failed in many of their previous attempts at making a success, until they succeeded in one big project and that propelled them into greater success. Grin

bryant.coleman

legendary

Activity: 3752

Merit: 1217

Quote from: bennybong on April 07, 2015, 02:21:02 PM

Lost 17.27btc and a £10,000 bank wire to mtgox. And 6 or so coins to blackarrow.

overall still in profit but i hold very little coins anymore. Cashed out and had a whale of a time. My only regret is not getting in on it sooner!

That's sad. So the combined loses are somewhere in the range of $30,000. 30K is a huge amount for me. Represents several years of savings.

It makes me angry that tens of thousands of people lost such huge amounts to the Mt Gox scam, and the person who is responsible is still enjoying his life partying and planning for the next scam.

pawel7777

legendary

Activity: 2436

Merit: 1561

Quote from: dothebeats on April 07, 2015, 12:22:15 PM

Quote from: pawel7777 on April 07, 2015, 09:12:44 AM

Never got scamed or hacked (yet). Lost ~BTC1 total combined on gambling sites, no regrets though, no risk no glory

And those people who had the guts to take the risks end up winning big time or losing big time. It's just a matter of right execution of plans and decision-making. Luck can sometimes be a part of success too.

Mostly true, but you don't have to end up winning big or losing big. There are few gamblers with healthy approach. Just set an amount each month that you're comfortable to lose and play with that and only that.

Quote from: bitllionaire on April 07, 2015, 01:40:52 PM

my losses have been in:
gambling, I have lost around 0.2 bitcoin in dice games
...
...I usually try to keep me away from these type of sites :/

..said the man with bitcoin casino in his signature Wink

odedrozan

newbie

Activity: 33

Merit: 0

Satoshibones .. quick bet result .. lost 2900$ like 15-16 BTC
At this time i chase to get money back with betting more ,then i stopped betting ..

bisom

member

Activity: 84

Merit: 10

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.

Absolutely right. The best thing you can do is giving up the gamble. The house always wins. Wink

As for me I have lost nearly 3 btc to a scam. I am trading to gain my losses.

Snipe85

sr. member

Activity: 756

Merit: 250

Infleum

Not a single coin. Haven't been hacked, never invested in a scamcoin or cloud mining, every time I lost something in a casino I always got it back.
I don't call myself lucky but at least I'm not unlucky Tongue

bennybong

hero member

Activity: 682

Merit: 500

Lost 17.27btc and a £10,000 bank wire to mtgox. And 6 or so coins to blackarrow.

overall still in profit but i hold very little coins anymore. Cashed out and had a whale of a time. My only regret is not getting in on it sooner!

bitllionaire

legendary

Activity: 1120

Merit: 1000

my losses have been in:
gambling, I have lost around 0.2 bitcoin in dice games
ponzis, I have lost around 0.1 bitcoin

however I have also had earning but I don't know if I cover my losses, I usually try to keep me away from these type of sites :/

BitcoinNewbie15

sr. member

Activity: 574

Merit: 296

Bitcoin isn't a bubble. It's the pin!

Quote from: bryant.coleman on April 07, 2015, 11:51:44 AM

Quote from: BitcoinNewbie15 on April 07, 2015, 11:44:58 AM

I have lost at around 1 BTC in total from trading alt coins. Made some bad trades when i was a beginner :/

No surprise here. For the past few years, I have been asking noobs to stay away from shitcoins. Very few of them took my advice seriously. And almost all of them lost significant amounts of cash investing in these scamcoins.

Yeah, very rarely will you see a good return.

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

Quote from: pawel7777 on April 07, 2015, 09:12:44 AM

Never got scamed or hacked (yet). Lost ~BTC1 total combined on gambling sites, no regrets though, no risk no glory

And those people who had the guts to take the risks end up winning big time or losing big time. It's just a matter of right execution of plans and decision-making. Luck can sometimes be a part of success too.

bryant.coleman

legendary

Activity: 3752

Merit: 1217

Quote from: BitcoinNewbie15 on April 07, 2015, 11:44:58 AM

I have lost at around 1 BTC in total from trading alt coins. Made some bad trades when i was a beginner :/

No surprise here. For the past few years, I have been asking noobs to stay away from shitcoins. Very few of them took my advice seriously. And almost all of them lost significant amounts of cash investing in these scamcoins.

Xprim777

legendary

Activity: 1206

Merit: 1170

Icarus team 🔐💳

Lost less than 0.5 btc (I'm not sure how much) in altcoins & PnD scheme coins. Halcyoncoin was my worst investment.
I also lost some altcoins in gambling dice games but that was fun.

Topic: Bitcoin Losses - page 5. (Read 5197 times)