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Topic: Just lost all of my Bitcoins on Satoshi (Read 2586 times)

legendary
Activity: 2142
Merit: 1010
Newbie
April 05, 2013, 03:49:51 AM
#25
My martingale bot lost 10 BTC last week. It would say "still hurts" I suppose.
legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
April 05, 2013, 03:41:02 AM
#24
I lost a quarter inside my car... still hurt

worse I did not get the thrill of gambling, but another half an hour useless effort trying to recover it
legendary
Activity: 2128
Merit: 1002
April 05, 2013, 03:30:33 AM
#23
I lost 7 BTC two months ago...still hurts
member
Activity: 68
Merit: 10
April 05, 2013, 02:24:47 AM
#22
I don't understand how a gambling game can be so popular in such a mathematics-oriented community. Surely everyone here is able to see that E(X) < 0?  Tongue
hero member
Activity: 1036
Merit: 500
April 04, 2013, 10:27:22 PM
#21
Pfff whatever man. I lost like 20 BTC on stupid GEM games. I mean, you CANTget more stupid than THAT.

Although others have lost much more, I think the lesson is clear.

If you want to gamble, play some poker. Its a skill game - not some mindless horsecrap like dice or roulette.

If you lose, at least you lose to another player who might lose back to you in the future. With house games, the house ALWAYS wins.

Click the Seals With Clubs link in my sig to check out the biggest and best bitcoin poker site.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
April 04, 2013, 09:08:50 PM
#20
Ya, I dropped $200 in the casino a few months ago. Lost it all playing blackjack. I usually do pretty well.

I also lost $1200 worth of Bitcoins a few days ago by selling at $99 and buying back at $120.

That will teach me not to sell. Ever.
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
April 04, 2013, 09:04:55 PM
#19
I started with 0.1. I made it to 0.2 playing over a week and 200 transactions later. Then it went down to 0.04. Then I made it go back up to 0.2. After 400 transactions later, I lost it all in a do-or-die bet, the final bet was 0.04 or something like that.

You could always just do one single bet of 100 BTC on 91% and win 107 BTC. You have a 9 in 10 chance of gaining 7 BTC. But you also have a 9% chance of losing.
legendary
Activity: 1310
Merit: 1000
April 04, 2013, 09:03:48 PM
#18
I lost last night

Details   2013-04-03 23:28:56   lessthan 48000   df8909f5   0   9ac19658   ----CONFIRMED   9.10000000   LOSE   0.04550000   62239
Sorry to hear that friend Sad

No worries, I started with .7 btc and traded on btc-e.com with LTC and made all that. Got greedy ha..
hero member
Activity: 616
Merit: 500
April 04, 2013, 08:51:15 PM
#17
Just lost all of my Bitcoins on Satoshi:

https://www.youtube.com/watch?v=3SpihGKmYgY

That's the way she goes.

How much did you lose
About .256 Bitcoins. Hopefully I can recover from this.

I feel ya, I lost 1 bitcoin earlier on. I can't believe how some people can recover from losing 500 bitcoins (someone recently lost about that much I saw on the sdice statistics thread)

just go to a casino in vegas sometime and watch dozens of people piss away THOUSANDS of dollars in a night..

gambling is gambling, this is just a different currency and IMO a FAR more boring way to do it.

if you are going to gamble, might as well do it in a casino.
member
Activity: 71
Merit: 10
April 04, 2013, 08:42:45 PM
#16
But how much did you lose?
newbie
Activity: 56
Merit: 0
April 04, 2013, 08:30:25 PM
#15
Just lost all of my Bitcoins on Satoshi:

https://www.youtube.com/watch?v=3SpihGKmYgY

That's the way she goes.

How much did you lose
About .256 Bitcoins. Hopefully I can recover from this.

I feel ya, I lost 1 bitcoin earlier on. I can't believe how some people can recover from losing 500 bitcoins (someone recently lost about that much I saw on the sdice statistics thread)
Yeah I feel you man. It's hard making a living out here.

That's the way she goes.
newbie
Activity: 36
Merit: 0
April 04, 2013, 08:30:13 PM
#14
I lost last night

Details   2013-04-03 23:28:56   lessthan 48000   df8909f5   0   9ac19658   ----CONFIRMED   9.10000000   LOSE   0.04550000   62239
Sorry to hear that friend Sad
newbie
Activity: 36
Merit: 0
April 04, 2013, 08:29:22 PM
#13
Just lost all of my Bitcoins on Satoshi:

https://www.youtube.com/watch?v=3SpihGKmYgY

That's the way she goes.

How much did you lose
About .256 Bitcoins. Hopefully I can recover from this.

I feel ya, I lost 1 bitcoin earlier on. I can't believe how some people can recover from losing 500 bitcoins (someone recently lost about that much I saw on the sdice statistics thread)
Yeah I feel you man. It's hard making a living out here.
hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
April 04, 2013, 08:18:15 PM
#12
holding bitcoins is a way much better wadge than playing satoshi dice

Bitcoin has indeed been the best investment of all bitcoin related investments so far. That said, some people do get lucky on SD.
legendary
Activity: 1372
Merit: 1000
--------------->¿?
April 04, 2013, 08:17:17 PM
#11
holding bitcoins is a way much better wadge than playing satoshi dice
legendary
Activity: 2058
Merit: 1452
April 04, 2013, 08:02:12 PM
#10
Just lost all of my Bitcoins on Satoshi:

https://www.youtube.com/watch?v=3SpihGKmYgY

That's the way she goes.

How much did you lose
About .256 Bitcoins. Hopefully I can recover from this.
i noticed your loss was a power of 2. were you using the martingale strategy?
legendary
Activity: 1310
Merit: 1000
April 04, 2013, 07:57:57 PM
#9
Just lost all of my Bitcoins on Satoshi:

https://www.youtube.com/watch?v=3SpihGKmYgY

That's the way she goes.

How much did you lose
About .256 Bitcoins. Hopefully I can recover from this.

I feel ya, I lost 1 bitcoin earlier on. I can't believe how some people can recover from losing 500 bitcoins (someone recently lost about that much I saw on the sdice statistics thread)

I've often wondered if many of the larger bets aren't just bots run by the site itself to attract attention. TX fee is a small price to pay to appear to inflate share prices and increase popularity! (No, I don't actually think this is going on, but I can't say it wouldn't cross people's mind if they were running it)

I suppose that would be a very nice way to run the business considering only 10% of the shares are owned by private investors.

Id bet more of if you have to many transactions coming in from the same address winning, you lose.
newbie
Activity: 56
Merit: 0
April 04, 2013, 07:47:04 PM
#8
Just lost all of my Bitcoins on Satoshi:

https://www.youtube.com/watch?v=3SpihGKmYgY

That's the way she goes.

How much did you lose
About .256 Bitcoins. Hopefully I can recover from this.

I feel ya, I lost 1 bitcoin earlier on. I can't believe how some people can recover from losing 500 bitcoins (someone recently lost about that much I saw on the sdice statistics thread)

I've often wondered if many of the larger bets aren't just bots run by the site itself to attract attention. TX fee is a small price to pay to appear to inflate share prices and increase popularity! (No, I don't actually think this is going on, but I can't say it wouldn't cross people's mind if they were running it)

I suppose that would be a very nice way to run the business considering only 10% of the shares are owned by private investors.
hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
April 04, 2013, 07:43:43 PM
#7
Just lost all of my Bitcoins on Satoshi:

https://www.youtube.com/watch?v=3SpihGKmYgY

That's the way she goes.

How much did you lose
About .256 Bitcoins. Hopefully I can recover from this.

I feel ya, I lost 1 bitcoin earlier on. I can't believe how some people can recover from losing 500 bitcoins (someone recently lost about that much I saw on the sdice statistics thread)

I've often wondered if many of the larger bets aren't just bots run by the site itself to attract attention. TX fee is a small price to pay to appear to inflate share prices and increase popularity! (No, I don't actually think this is going on, but I can't say it wouldn't cross people's mind if they were running it)
legendary
Activity: 1310
Merit: 1000
April 04, 2013, 07:42:39 PM
#6
I lost last night

Details   2013-04-03 23:28:56   lessthan 48000   df8909f5   0   9ac19658   ----CONFIRMED   9.10000000   LOSE   0.04550000   62239
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