From 650 Bitcoins to one: Why you should never gamble - page 3.

Tschai

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Quote from: Pascal Parvex on March 03, 2015, 06:55:18 AM

Well, I have a gambling problem and I will ask my "Shrink" for help. My problem is that I like to play roulette. So long story short, I made it from 650 Bitcoins, where almost 600 were pure profit, to one. You can check it here: https://blockchain.info/de/address/1GJ7EMh9JyyBAKteQZLHXn8jbHz5ymfCqW And 340 Bitcoins from my winnings are not even in the Blockchain, als I only had them ingame (roulette) and sadly did not cash out until I had lost everything.

So here is my warning: Never gamble! It is just not worth it! Not the money, not the nerves. I also have played roulette wiht Fiat money in the last 10 years, my total loss up to date is around 25'000 Dollars. I now only have 1.4 Bitcoinis and 10.250 Million Dogecoins left...Now I just have the money to make ends meet.

Sooo...actually IT IS WORTH IT!?

I mean...if you CAN make 600BTC of profit... Roll Eyes

...and know WHEN TO STOP!?

NUFCrichard

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This isn't really why you should Never gamble, this is why you shouldn't gamble if you have a gambling problem...

Ingatqhvq

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you lost more than 600BTC, OMG.
You should stop when you lost more than 10BTC.

Ingatqhvq

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Quote from: avw1982 on March 04, 2015, 05:33:27 AM

Quote from: inigthz on March 04, 2015, 05:26:44 AM

Sometimes several website give the winning first. Then, while you get ambition to win more.. you will lose slowly.

That's hurt. Finally, when you out of control, you decide to all in.

And that's mean time for sleep.

Indeed. You must not to be greedy. Stop when you have enough and be satisfied with it.

I am totally agree with you, gambling is ok, but not to be greedy. Only bet for fun.
Not bet to much.

avw1982

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Quote from: inigthz on March 04, 2015, 05:26:44 AM

Sometimes several website give the winning first. Then, while you get ambition to win more.. you will lose slowly.

That's hurt. Finally, when you out of control, you decide to all in.

And that's mean time for sleep.

Indeed. You must not to be greedy. Stop when you have enough and be satisfied with it.

inigthz

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Sometimes several website give the winning first. Then, while you get ambition to win more.. you will lose slowly.

That's hurt. Finally, when you out of control, you decide to all in.

And that's mean time for sleep.

Omikifuse

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Quote from: Bralex on March 03, 2015, 09:58:38 PM

Quote from: waterpile on March 03, 2015, 09:52:42 PM

sorry to hear that gambling ruined your life man.. We've seen other stories like this but yours is more brutal losing so much money in a blink of an eye Sad

Not as bad as you think when you do think about it, he won around 650btc which was mainly profit and then he brought something for around 40 btc i believe and then lost most of his profit.

So really he only lost his profit so he never ruined his life although he could have had a much easier life had he not done that. The main thing is to live and learn.

for me getting a chance of being multimillionaire, considering where the prices can head, is a live destroying event.

Of course lose 650 BTC from my own pocket would be worse

sandy47bt

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So, why do you keep gambling even you know you already lost a lot of bitcoin ?
God have punish you.

Remember, nobody can beat house edge

ABCbits

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I know the feel, it's totally difficult to control myself to stop from gambling Sad

Gambling is for fun, not for money

I hope you won't gambling anymore

sherbyspark

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Well Gambling is actually the only way to lose money guaranteed. There is no way to always profit from the games.
However I remember watching people running 1 BTC to 400 BTC in the past and anything is possible. But in the end, its all luck and its not a smart move to continue gambling for long.

WEBcreator

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Quote from: Bralex on March 03, 2015, 09:58:38 PM

Quote from: waterpile on March 03, 2015, 09:52:42 PM

sorry to hear that gambling ruined your life man.. We've seen other stories like this but yours is more brutal losing so much money in a blink of an eye Sad

Not as bad as you think when you do think about it, he won around 650btc which was mainly profit and then he brought something for around 40 btc i believe and then lost most of his profit.

So really he only lost his profit so he never ruined his life although he could have had a much easier life had he not done that. The main thing is to live and learn.

agreem he lost his profit mainly, that doesnt really ruin your life, you could be in frustation but that wont ruin your life, imagine if that is purely his money, he would have been banging head on the wall already Roll Eyes

Bardman

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Quote from: anshar on March 04, 2015, 12:03:26 AM

Quote from: hilariousandco on March 03, 2015, 07:17:03 AM

Gambling is just like drugs; you can have fun in moderation but not knowing when to stop can ruin your life pretty quickly.

I don't think gambling could've been explained better in one sentence.

OP: It's too late now. Losing the first time should've taught you enough.

The human being trips two times with the same rock

anshar

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Quote from: hilariousandco on March 03, 2015, 07:17:03 AM

Gambling is just like drugs; you can have fun in moderation but not knowing when to stop can ruin your life pretty quickly.

I don't think gambling could've been explained better in one sentence.

OP: It's too late now. Losing the first time should've taught you enough.

michinzx

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holy shit thats a huge loss, why not cash out after you lost some? like at 400 ish?

Bitminer1224

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Quote from: hilariousandco on March 03, 2015, 07:17:03 AM

Gambling is just like drugs; you can have fun in moderation but not knowing when to stop can ruin your life pretty quickly.

I agree, it can be fun, but never get carried away.

Netpyder

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Quote from: yenzae0215 on March 03, 2015, 10:00:57 PM

Quote from: Netpyder on March 03, 2015, 09:44:20 PM

Quote from: yahoo62278 on March 03, 2015, 09:15:56 PM

why exactly would you gamble so much? Huh

i just dont understand why someone would throw so much money away. ive never had more than 2btc to my name and i gamble everyday. gotta limit yourself and call it quits when the lucks running bad. sorry for your loss but cmon, you had the chance to stop way up

when you have 650btc,

and you started from 50btc to that number..

suppose you lose from 650 -50 btc and has 600btc left. you will never think : hey i am still over the house, i have won 550 btc. you will always think how to get the 50btc lost back. and thats where your losses starts getting to a point where you cannot get them back but continues to "try"
gambling....

so that is why you need a better self discipline if you dont want to lose what you've fain already Wink

many times you WILL lose dicipline and self control

yenzae0215

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Quote from: Netpyder on March 03, 2015, 09:44:20 PM

Quote from: yahoo62278 on March 03, 2015, 09:15:56 PM

why exactly would you gamble so much? Huh

i just dont understand why someone would throw so much money away. ive never had more than 2btc to my name and i gamble everyday. gotta limit yourself and call it quits when the lucks running bad. sorry for your loss but cmon, you had the chance to stop way up

when you have 650btc,

and you started from 50btc to that number..

suppose you lose from 650 -50 btc and has 600btc left. you will never think : hey i am still over the house, i have won 550 btc. you will always think how to get the 50btc lost back. and thats where your losses starts getting to a point where you cannot get them back but continues to "try"
gambling....

so that is why you need a better self discipline if you dont want to lose what you've fain already Wink

Bralex

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Quote from: waterpile on March 03, 2015, 09:52:42 PM

sorry to hear that gambling ruined your life man.. We've seen other stories like this but yours is more brutal losing so much money in a blink of an eye Sad

Not as bad as you think when you do think about it, he won around 650btc which was mainly profit and then he brought something for around 40 btc i believe and then lost most of his profit.

So really he only lost his profit so he never ruined his life although he could have had a much easier life had he not done that. The main thing is to live and learn.

waterpile

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sorry to hear that gambling ruined your life man.. We've seen other stories like this but yours is more brutal losing so much money in a blink of an eye Sad

M28MmickT

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Oh no this is bad news but not the worst news as you have managed to buy something from it (that always feels better) and like you say a lot of it was profit so that is awesome little gutted for you as you could have left the game even over all i mean after you deduct the money lost in fiat. Either way you win some nd you lose some so head up mate and try calm down abit in future.

Topic: From 650 Bitcoins to one: Why you should never gamble - page 3. (Read 4125 times)