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Topic: Bitcointalk.org user loses $2,000,000 in Bitcoin - page 4. (Read 818 times)

member
Activity: 266
Merit: 32
Must have bought when the prices are on ATH. Still pretty rough to lose that much.

and what about those people who are saying Bitcoin $30,000, $50,000 or $100,000 ??
full member
Activity: 196
Merit: 100
Must have bought when the prices are on ATH. Still pretty rough to lose that much.
legendary
Activity: 1484
Merit: 1004
I read while reading many threads here that a bitcointalk.org member lost $2,000,000 in Bitcoin.   Shocked
That's because the price of the bitcoin that fell so big. But, the community never worried about it. They still have many ways to recover their lost money.
Like waiting until the bitcoin price returns $ 19k or exceeds $ 20k. Some frantic people will of course sell it quickly.
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
Completely possible scenario. Don't think this is fake in any sense. The ridiculous volatility of this crypto market has led to people becoming rich overnight and some people losing millions just like that without any prior indication which is this is a dangerous market and you need to invest only what you are willing to lose. Some of my friends lost thousands of dollars and quit the crypto world immediately while I plan to stick around for a long time since I am aware of the risks and am taking my chances which are paying off at the moment.
full member
Activity: 504
Merit: 102
I read while reading many threads here that a bitcointalk.org member lost $2,000,000 in Bitcoin.   Shocked

That would be their own problem if they lack the way how they took care of their money.
newbie
Activity: 30
Merit: 0
That's possible. I heard about one who committed suicide. When you see that you lose yourself stop, take a break so that you will not reach 2 million.
member
Activity: 266
Merit: 32
I bought 3 bitcoins on credit for $19,000 about. What should I do? I am way underwater.

https://bitcointalksearch.org/topic/i-bought-at-19k-now-what-2889212
member
Activity: 266
Merit: 32
If a large portion of people did the same thing and went for a walk then they might have more money to use. $,2,000,000 is a lot!

I am saying who will buy 1 Bitcoin for $10,000 when you can buy a car for $10,000
member
Activity: 523
Merit: 11
I read while reading many threads here that a bitcointalk.org member lost $2,000,000 in Bitcoin.   Shocked

How he lost it?

I doubt it was an "ALL IN" move ... quote Dan Harrington (poker player) "nobody go all in cash games" ... are you Kamikaze ?  

it's fair at that time bitcoin prices are not like today
especially if using bitcoin for gambling lol
I believe they now regret their decision to use bitcoin for gambling
using to gamble is a mistake, we can take advantage of a more profitable one for trading and for investment. for gambling I think everyone will not be able to get a profit.
full member
Activity: 546
Merit: 102
I read while reading many threads here that a bitcointalk.org member lost $2,000,000 in Bitcoin.   Shocked

How he lost it?

I doubt it was an "ALL IN" move ... quote Dan Harrington (poker player) "nobody go all in cash games" ... are you Kamikaze ?  

it's fair at that time bitcoin prices are not like today
especially if using bitcoin for gambling lol
I believe they now regret their decision to use bitcoin for gambling
hero member
Activity: 774
Merit: 500
Look ARROUND!
30 years back, my father walked 23 miles or 34 kilometers to his office when he was age 47, since that day there was public transport strike.

People are losing $2,000,000 in Bitcoin gambling
If a large portion of people did the same thing and went for a walk then they might have more money to use. $,2,000,000 is a lot!
hero member
Activity: 840
Merit: 508
Make winning bets on sports with Sportsbet.io!
Wow, thanks for contributing this steaming POS thread to the forum, we definitely needed it. I mean look at all of those links you included to the guy that apparently lost the $2,000,000. How can you have been here for so long, and yet still have no idea how to contribute to the forum.
full member
Activity: 266
Merit: 151
First crypto index traded as a token!
If you had 200 bitcoins when the price was 20K and then sold all when the price was 10K, you've lost 2 million. Or you had 100 Bitcoins at 20K and just lost all of them in some way. Both options are kind of stupid ways to lose this much money. So there should be some other way and maybe it's not as sad as it looks.
member
Activity: 266
Merit: 32
30 years back, my father walked 23 miles or 34 kilometers to his office when he was age 47, since that day there was public transport strike.

People are losing $2,000,000 in Bitcoin gambling
jr. member
Activity: 286
Merit: 8
I support your argument, but I do not think the exact amount is accurate enough
Most people are still losing money, which should be in all markets
But if it is because of the loss of wallet documents or forget the password or Bought a pizza Then how to calculate the price of loss
Of course, many people will regret not buying a lot of bitcoin last year
So I think floating profit or loss is only a period of time
sr. member
Activity: 728
Merit: 250
Buy, sell and store real cryptocurrencies
Can you actually define "lost"?  Did the person get their computer stolen or suffer a hard drive failure and not have a backup? Or did the person fritter the money away gambling in which case you should have very little pity for the guy, as they often say some people have more money than sense.  Shocked

Loss from price fall

Loss from price fall is paper lost which has not been realized if he didn’t sell his bitcoin. He might have $20 million “gain” when bitcoin price increase.
full member
Activity: 294
Merit: 104
✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
I read while reading many threads here that a bitcointalk.org member lost $2,000,000 in Bitcoin.   Shocked

He lost a lot but still he has more Bitcoins than all of us combined. A weird way to brag. But still it is bragging.
full member
Activity: 392
Merit: 101
I read while reading many threads here that a bitcointalk.org member lost $2,000,000 in Bitcoin.   Shocked
How did he lost it and who? I doubt that this information is not legitimate because that value is too high. Also, what type of wallet that the victim uses. Maybe it was hacked or something we cannot imagine.
member
Activity: 266
Merit: 32
In 1997, I was thinking of buying a 25 cents per square feet land in an undeveloped area. Today, the country's biggest international airport is coming up within 10 kilometers of that area. The land price now in that area is $110 to $200 per square feet.

That is 440 to 800 times profit in 20 years. 100% supported by governments, investors and banks.
member
Activity: 266
Merit: 32
He has not lose anything yet until he decided to sell off. If he can hold till  the market reverse  the price turns positive again. Panicking is not part of the system . If you panic you sell at a loss.

If Bitcoin price falls more, he will lose $1,000,000 more  Grin  Sell at $6000 is very good decision.
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