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Topic: Don't feel bad newbies - Early adopter without many Bitcoins - page 6. (Read 15327 times)

newbie
Activity: 15
Merit: 0
Great post!

I think I started at a point where there's enough knowledge to know that a hobbyist miner like me would be lucky to simply break even. I could have just as effectively bought the coins but the work is part of the fun, and I see some devices that aren't worth a dime of salt selling on ebay for original retail or more.

I've made a ton of mistakes with USD, from investing in baubles to resell, to selling several lots of pricey collectibles & commodities to pay bills or for frivolous entertainment. With all those mistakes and a sum total of zero to show for it, I'm still considering what mining supplies to buy next... so stubborn...
newbie
Activity: 5
Merit: 0
Great story, makes me not feel so bad about my small stumbles as I learn all the ins and outs of bitcoin and the alt coins.
full member
Activity: 595
Merit: 101
Chromia - Relational Blockchain
I almost started buying bitcoins a year or two ago when I heard they had jumped up to $100, then back down to $2.50 again. I am still kiking myself now for not buying. However, I had so many commitments that I had no spare time to learn how the system worked.

I heard of many stories of very early adopters selling loads of bitcoins for a few hundred dollars profit, then finding those coins are now worth thousands of dollars. It's easy to look back and criticise oneself, but who would have believed a bitcoin would be worth $1000 dollars when it all started off.
hero member
Activity: 686
Merit: 500
Quote
My Ghost backup sadly turned out to have backed up corrupted data due to Bitlocker. New Bitlocker technology and old Ghost did not work well together I learned.

Best of luck with Windows. You deserved it. It had to happen.

You haven't still learn't have you?
legendary
Activity: 2912
Merit: 1060
Very true, it was scary back then. This is the first time where the momentum is so strong its very hard to fail and the price reflects that, the beginning. It will only go up from here.

My .08 = $10k 2015!
full member
Activity: 392
Merit: 116
Worlds Simplest Cryptocurrency Wallet
I have exactly 0.000000000000 bitcoins. It's all good.
newbie
Activity: 2
Merit: 0
^ woah. nice dude.

I also wish I would've hopped on back in 2011. I had 3 BTC at one point, bought something for 30$ or close to it. Oh well. I also should've bought big once the Silk Road collapse happened. I was one of the people who thought it was over after that. Quite the opposite, and I can clearly see why now.
legendary
Activity: 2912
Merit: 1060
bitpop, your story makes me cringe. You should be a millionaire several times over by now.

Have a tip, you wretched thing. Hopefully it's worth $10k someday.



WOW THANK YOU!!

That's a lot!
newbie
Activity: 42
Merit: 0
bitpop, your story makes me cringe. You should be a millionaire several times over by now.

Have a tip, you wretched thing. Hopefully it's worth $10k someday.

newbie
Activity: 1
Merit: 0
It is impossible to tell the future or if right now is considered early or the peak because of the hype. BTC could be 10000usd or like 10usd in a few years or months.
Or you might look up old threads on reddit in a few years with people tipping each other 10000 doge when it's worth thousands of usd.

Now you cant even buy high end amd graphics cards because of all the hype in most countries. Where I live average salary is like 300eur and people are just willing to pay anything for a card. Because of that it seems like hype levels are very high.
member
Activity: 84
Merit: 10
It's not a tall tale.  And if I get the stuff back, I might even put 12 BTC in a small faucet that gives out a random amount per person, in the same vein that they were given to me..
full member
Activity: 182
Merit: 100
lol

What was he looking for kiddie porn  Roll Eyes seems like a tall tale
member
Activity: 84
Merit: 10
Honestly I'd rather wait.  I'm one of those types of people that believes everything happens for a reason.  And the reason is.  If I had the coins now I'd be more nervous because I don't know when to sell.  But if it takes 5 years to return them, the price of Bitcoins might be up to $25000+
member
Activity: 84
Merit: 10
While you lost 1000 BTC, I lost about 2850, to a cop that broke into my apartment and stole them (he was looking for kiddie porn).  While I will technically get them back after they find out I don't actually have that shit, it will be rough ride looking at all the money I could have made by holding onto my 100 cat coins that I stupidly sold at 0.087

What? You don't have wallet backups? Did the cop actually move the Bitcoins (that would be theft) or is he just clueless?

Lawyer up dude. Lawyer up ASAP!

My mom sent me my 3 USB sticks in the mail because I told her I needed something to transfer MP3's to my work computer, but it turned out I found a hard drive to use instead.  So I didn't even open the package.  To be honest, I forgot I had any back then.  Then several months later after they took the stuff I remembered the 50 I mined, 300 I got for coding assistance, and 2500 that were flat out given to me in #bitcoin-otc..  stored on guess what.  in 3 separate wallets on each of those USB sticks....

but guess what I had passwords on all of them.  so good luck copper Grin

full member
Activity: 182
Merit: 100
Yah with 20/20 hindsight, I could have been a multimillionaire this year starting with a a few hundred bucks.... making every move with perfect timing.


Oh well, good luck with the mining and stick to SSDs & backups in future.

Backups yes, SSDs are inherently less reliable than regular HDDs unless you like to slam your laptop around or something, given reasonable care HDDs last decades...

+1

They are less reliable for sure, back-ups are the answer.
legendary
Activity: 2912
Merit: 1060
While you lost 1000 BTC, I lost about 2850, to a cop that broke into my apartment and stole them (he was looking for kiddie porn).  While I will technically get them back after they find out I don't actually have that shit, it will be rough ride looking at all the money I could have made by holding onto my 100 cat coins that I stupidly sold at 0.087

Crazy
member
Activity: 84
Merit: 10
While you lost 1000 BTC, I lost about 2850, to a cop that broke into my apartment and stole them (he was looking for kiddie porn).  While I will technically get them back after they find out I don't actually have that shit, it will be rough ride looking at all the money I could have made by holding onto my 100 cat coins that I stupidly sold at 0.087
newbie
Activity: 9
Merit: 0
Perhaps you can show off those socks, saying today they would cost about twenty two thousand dollars ? Ahahahah

Joke aside, while this kind of loss would be maddening, I believe it's good that you're still here talking about it. Things could always be worse than they are, people should be more light hearted. It's a good life lesson.
legendary
Activity: 2114
Merit: 1693
C.D.P.E.M
Hey dude,
your story is very touchfull.

Some people would have reacted differently but you know that what matters is familly.

If i were a early adopter i would help you as i help people in real life.

I also think it is not to late to get into the bitcoin or other coin.

I am here to learn and your post is inspiring.

i think some alternative money might rise up i will try to get a few of each

keep up Smiley
legendary
Activity: 3766
Merit: 1217
Dude... that is a horrible story. I feel really bad for your loss. But never give up.... start collecting Bitcoins once again... You may not reach the 1,000 mark, but you will definitely reach the 100 mark.
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