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Topic: losing 50 bitcoins gambling (Read 7917 times)

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September 10, 2018, 08:12:40 PM
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hero member
Activity: 2618
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January 08, 2018, 05:10:40 AM
That must be one rich person. 50BTC  is a lot of money. Shut I would be pissed just by losing 0.5BTC. I wonder how many btc does that person have. I think its just crazy to risk that huge amount of money. The most I have lost is 0.007 by today's BTC price. I don't risk too much and unfortunately even the rewards are low.

Dont know if he is reach or he is a BTC whale but it is very bad to lose huge sum like that. If these people use that BTC in business or in other investments they must be billionaires and they can have a very good amount of money till you depart on this Earth. I dont know what are these guys thinking but if they are reach then better put that money into other people like for example charity, if its just a casual person who mine BTC in the early days then I felt bad for him.
I think bitcoin around that time is not as expensive as today so 50 btc doesn’t cost that much when he lose it but of course the regret will always be there if only he saved it and did not used it in gambling instead in trading then maybe has more than of what he lose right now.
I can’t even dream about losing such a huge amount of capital just in a useless game such as the poker or dice. First of all a person must set some sort of limits regarding the money he or she has bet for the sake of gambling. Losing 50 Btcs means that you have just given up on your chance of becoming a billionaire and living an easy life ahead. All I have to say about this person is nothing more than the sympathies and an advice to not trying gambling for winning back his losses.
It is something on which no one can trust because it doesn’t makes any sense. I think no one has guts to afford such a big loss in gambling.

If it were to lose 50 BTCs then one can think about it because it can happen in reality because there are many stories describing the losses bigger than this in business because business is something bigger than gambling. If one losses such an amount in gambling, I will simply call it a blunder from his side.
full member
Activity: 419
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January 08, 2018, 03:59:38 AM
How would you feel if you lost 50 btc after gambling... https://nitrogensports.eu/betslip/92ff9f2dmRCeSttM0U0a1dPZ0tTSDd4OW4vZz09/r/2744 What's the biggest loss you've taken before, and do you have any good coping strategies? I do wonder if it's better or not to express anger or to just try and ignore it as best as possible. Personally I just get angry and yell some swears, but curious how other people react when losing and any tips on coping.

If I lost 50 butcoins now and considering that the value of it now is much higher than when it was posted then i would surely be broken and very down as the value of it means that I have betted that large amount and have lost it all in an instant

50 bitcoins is still 50 bitcoins, losing it is a really huge mess for someone, it would be a hard thing to get over with since bitcoin is the most expensive coin living in the cryptocurrency world. Thinking about the prices of it right now could make us cry if we are going to lose that 50 bitcoin, or even worse, we could even end our lives because of the depression of losing such amount of money.

Lol not to the point of committing suicide though since i don't think there ever will be a severe enough reason to commit suicide. But that would be regret to the extreme level and i'd probably be hating myself for a very long time.
I can’t say anything about the feelings of such a gambler who lost 50 BTCs during gambling because I haven’t lost such amount. Even though, I haven’t lost whole Btc during gambling but I can imagine about the feeling of such a gambler who will lose 50 Btcs because as a gambler, I also lose games as it’s a part of game but from inner sad, I feel like no one in the world would be more unfortunate than me at the moment, then think what will happen to that gambler.
sr. member
Activity: 1652
Merit: 299
January 04, 2018, 07:31:24 AM
That must be one rich person. 50BTC  is a lot of money. Shut I would be pissed just by losing 0.5BTC. I wonder how many btc does that person have. I think its just crazy to risk that huge amount of money. The most I have lost is 0.007 by today's BTC price. I don't risk too much and unfortunately even the rewards are low.

Dont know if he is reach or he is a BTC whale but it is very bad to lose huge sum like that. If these people use that BTC in business or in other investments they must be billionaires and they can have a very good amount of money till you depart on this Earth. I dont know what are these guys thinking but if they are reach then better put that money into other people like for example charity, if its just a casual person who mine BTC in the early days then I felt bad for him.
I think bitcoin around that time is not as expensive as today so 50 btc doesn’t cost that much when he lose it but of course the regret will always be there if only he saved it and did not used it in gambling instead in trading then maybe has more than of what he lose right now.
I can’t even dream about losing such a huge amount of capital just in a useless game such as the poker or dice. First of all a person must set some sort of limits regarding the money he or she has bet for the sake of gambling. Losing 50 Btcs means that you have just given up on your chance of becoming a billionaire and living an easy life ahead. All I have to say about this person is nothing more than the sympathies and an advice to not trying gambling for winning back his losses.
hero member
Activity: 1246
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January 03, 2018, 11:07:52 AM
How would you feel if you lost 50 btc after gambling... https://nitrogensports.eu/betslip/92ff9f2dmRCeSttM0U0a1dPZ0tTSDd4OW4vZz09/r/2744 What's the biggest loss you've taken before, and do you have any good coping strategies? I do wonder if it's better or not to express anger or to just try and ignore it as best as possible. Personally I just get angry and yell some swears, but curious how other people react when losing and any tips on coping.

If I lost 50 butcoins now and considering that the value of it now is much higher than when it was posted then i would surely be broken and very down as the value of it means that I have betted that large amount and have lost it all in an instant

50 bitcoins is still 50 bitcoins, losing it is a really huge mess for someone, it would be a hard thing to get over with since bitcoin is the most expensive coin living in the cryptocurrency world. Thinking about the prices of it right now could make us cry if we are going to lose that 50 bitcoin, or even worse, we could even end our lives because of the depression of losing such amount of money.

Lol not to the point of committing suicide though since i don't think there ever will be a severe enough reason to commit suicide. But that would be regret to the extreme level and i'd probably be hating myself for a very long time.
hero member
Activity: 700
Merit: 500
January 03, 2018, 07:42:16 AM
How would you feel if you lost 50 btc after gambling... https://nitrogensports.eu/betslip/92ff9f2dmRCeSttM0U0a1dPZ0tTSDd4OW4vZz09/r/2744 What's the biggest loss you've taken before, and do you have any good coping strategies? I do wonder if it's better or not to express anger or to just try and ignore it as best as possible. Personally I just get angry and yell some swears, but curious how other people react when losing and any tips on coping.

If I lost 50 butcoins now and considering that the value of it now is much higher than when it was posted then i would surely be broken and very down as the value of it means that I have betted that large amount and have lost it all in an instant

50 bitcoins is still 50 bitcoins, losing it is a really huge mess for someone, it would be a hard thing to get over with since bitcoin is the most expensive coin living in the cryptocurrency world. Thinking about the prices of it right now could make us cry if we are going to lose that 50 bitcoin, or even worse, we could even end our lives because of the depression of losing such amount of money.
hero member
Activity: 798
Merit: 502
January 03, 2018, 06:38:58 AM
How would you feel if you lost 50 btc after gambling... https://nitrogensports.eu/betslip/92ff9f2dmRCeSttM0U0a1dPZ0tTSDd4OW4vZz09/r/2744 What's the biggest loss you've taken before, and do you have any good coping strategies? I do wonder if it's better or not to express anger or to just try and ignore it as best as possible. Personally I just get angry and yell some swears, but curious how other people react when losing and any tips on coping.

If I lost 50 butcoins now and considering that the value of it now is much higher than when it was posted then i would surely be broken and very down as the value of it means that I have betted that large amount and have lost it all in an instant
Same here if I will lose 50 bitcoin now my future would probably not going to be in a bright side that is why I don't really recommend using crypto in gambling or even fiat because its not easy to find that money and bitcoin value grow every year.
hero member
Activity: 924
Merit: 500
January 03, 2018, 03:46:31 AM
How would you feel if you lost 50 btc after gambling... https://nitrogensports.eu/betslip/92ff9f2dmRCeSttM0U0a1dPZ0tTSDd4OW4vZz09/r/2744 What's the biggest loss you've taken before, and do you have any good coping strategies? I do wonder if it's better or not to express anger or to just try and ignore it as best as possible. Personally I just get angry and yell some swears, but curious how other people react when losing and any tips on coping.

If I lost 50 butcoins now and considering that the value of it now is much higher than when it was posted then i would surely be broken and very down as the value of it means that I have betted that large amount and have lost it all in an instant
legendary
Activity: 3248
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December 30, 2017, 06:46:30 PM
Even though the OP wrote about the incident in 2016, one can't help but feel sorry for him and one more thing if I had 50 BTC, why would I go on to gamble in the first place, I really don't understand what goes through the mind of some people at all. I would have collapsed and maybe died if this happened to me.
It's the people who can really afford to gamble are spending that big amount, this would not really have a big effect to them if that is their range.
He just saw the betslip and I always see a lot of people sharing that kind of amount in their bets before in the chat and for me during that time it's not so big.
sr. member
Activity: 868
Merit: 266
December 30, 2017, 06:14:57 PM
Even though the OP wrote about the incident in 2016, one can't help but feel sorry for him and one more thing if I had 50 BTC, why would I go on to gamble in the first place, I really don't understand what goes through the mind of some people at all. I would have collapsed and maybe died if this happened to me.
hero member
Activity: 798
Merit: 505
December 30, 2017, 07:50:31 AM
It will give me a heartache even if i just lose less than 1 bitcoin. So probably it will give me a heart attack and put me in a coma for a lifetime if i am going to lose that big sum of btc. For the riches it may be nothing to them. That is the reality of life.

Aw,  sad but true. Sometimes I think that riches are wasting their money for gambling but on the other side of society there are people who suffers from poverty. But if I were to lose that amount of bitcoins I might be expressionless that moment, and got silent for a few days or weeks 😂 haha.

Since 50btc is really big amount of money though how rich you are 50btc is really big amount of money it can really touch the heart of the person who own that big amount og money. Still if you lose that big amount of money i think you cant express how you feel how mad you are or how down you are , you will not understand your feelings. Though you are rich and have a lot of money still i think it could be difficult to you to lose that big amount of money but nothings you can do about it just to move on.
hero member
Activity: 1148
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December 29, 2017, 03:24:23 PM
The bet was made in May 17, 2016. At that time the price of bitcoin was around 450 USD if I am not wrong. 50 bitcoin is a large amount of money even though at a price of $ 450. Not every gamblers can afford to lose it or even have it. I will have a long regret if I lost such amounts.
Even myself would do the same, but the question is where will I get that big amount to bet, even all my life savings is not enough to equal that 50 btc amount he bet, he must be very rich to put that big amount, if he can afford to lose then I think he deserve to enjoy gambling although he lose his bet.
A heavy gambler with a very big bankroll, not sure how this thing happen without any control maybe he's really a rich person who can afford losing that much but for an average person ike us 50btc even back then is already a huge amount, maybe after btc rise to this height losing again this much would be unusual.
Why you are not sure that there are people who are heavy gamblers with heavy bankrolls. Such people do exist in real life but people think it’s not true because such people are very low in ratio and seen very rare in market. These people are truly the man of great self control because they also have faced many great losses in their lives but they never lose hope. At the end, they get reward for their patience.
hero member
Activity: 2996
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December 29, 2017, 06:32:28 AM
50 Bitcoin is already enough for me to buy my dream house. I feel this person's situation. I gambled my money before. All of my salary for 2 months went to nothing because I gambled it. It made me realized that gambling is not useful for me, hence, it will just lead me in being bankrupted. I was depressed at that time when I lose all my salary. Someone approached me because of my situation before, she managed to help me stop gambling by simply decreasing my bet until I cannot gamble even just a single penny I have. From that time, I always thought that gambling will only lead my life to being nothing. So why not just save your money and make plans to have it grow bigger using a proper way. I still blame myself whenever I think about what I just done but eventually, this mistake made me stronger and helped me to be more wiser when it comes to money. Gambling is just losing or taking risk of your money all the time for me. It is just still based on every person's thinking of what gambling really is. I thought that way of gambling based on how I experienced it.

Same here, 50 bitcoins is really big here in my country. You can buy a big house and high end pc too, i feels really bad to that person but i'm sure he is so rich in real life. Gambling with 50 bitcoins is so insane, i hope he's not suicide because of that.
Yes for people having thousands of bitcoins in their wallet has no effect of losing 50 bitcoin but for me it is more than a huge amount. If I get this much amount of bitcoin it will change my lifestyle totally. I will be living a prime live, could buy a luxurious car, and many things with it. Right now I am not in a position to sacrifice a single satoshi to lose but there are lucky guys who don't care.
Situations would really vary on each bitcoin holder and for those whales they dont really care at all on losing 50 BTC since they do have hundreds or even thousands of bitcoins this is why they can really afford to lose up those amounts but for us small earners or on mid-tier level wont really be a dumb person to waste up a single satoshi. We do know how hard to obtain or earn bitcoin nowadays specially it is already valuable and i cant afford to lose it up on a blink of an eye.
hero member
Activity: 1246
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December 29, 2017, 05:21:46 AM
Losing this certain amounts is just nothing for a dumb gambler. They can only feel it if they started to lose all of their amounts. I can also say that I will never lose that certain amount because I will never gamble that certain amount unless the price of bitcoin would be less than $1. Still, it sucks tho that person could have been enjoying his/her millions of dollars right now.
full member
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December 29, 2017, 05:16:21 AM
It will give me a heartache even if i just lose less than 1 bitcoin. So probably it will give me a heart attack and put me in a coma for a lifetime if i am going to lose that big sum of btc. For the riches it may be nothing to them. That is the reality of life.

Aw,  sad but true. Sometimes I think that riches are wasting their money for gambling but on the other side of society there are people who suffers from poverty. But if I were to lose that amount of bitcoins I might be expressionless that moment, and got silent for a few days or weeks 😂 haha.
sr. member
Activity: 588
Merit: 254
December 29, 2017, 04:46:19 AM
50 Bitcoin is already enough for me to buy my dream house. I feel this person's situation. I gambled my money before. All of my salary for 2 months went to nothing because I gambled it. It made me realized that gambling is not useful for me, hence, it will just lead me in being bankrupted. I was depressed at that time when I lose all my salary. Someone approached me because of my situation before, she managed to help me stop gambling by simply decreasing my bet until I cannot gamble even just a single penny I have. From that time, I always thought that gambling will only lead my life to being nothing. So why not just save your money and make plans to have it grow bigger using a proper way. I still blame myself whenever I think about what I just done but eventually, this mistake made me stronger and helped me to be more wiser when it comes to money. Gambling is just losing or taking risk of your money all the time for me. It is just still based on every person's thinking of what gambling really is. I thought that way of gambling based on how I experienced it.

Same here, 50 bitcoins is really big here in my country. You can buy a big house and high end pc too, i feels really bad to that person but i'm sure he is so rich in real life. Gambling with 50 bitcoins is so insane, i hope he's not suicide because of that.
Yes for people having thousands of bitcoins in their wallet has no effect of losing 50 bitcoin but for me it is more than a huge amount. If I get this much amount of bitcoin it will change my lifestyle totally. I will be living a prime live, could buy a luxurious car, and many things with it. Right now I am not in a position to sacrifice a single satoshi to lose but there are lucky guys who don't care.
hero member
Activity: 574
Merit: 503
December 29, 2017, 03:41:51 AM
Losing 5O bitcoin gambling? It's crazy, yes it's crazy if you're still gambling after losing that much. Having lost so much it should make us realize that no good results will come to us if we gamble, which is just the opposite, a bad result that always comes. having fun or for profit, losing as much as it is very bad.
legendary
Activity: 2576
Merit: 1655
December 29, 2017, 03:30:35 AM
If I lost 50 BTC at the market price now, I will feel very bad. This is my salary for many years and I could have buy a nice house for my family.
Indeed, this is a lot of money right now. However, there are millionaires out there that can really lose this much money in one bet without even hurting their pockets. I guess these are the inequalities of life we could say. Some just has so much money compared to others and we can't really do anything about it but to tax them and redistribute wealth (as the governments would put it, which I don't think really works since there are still a lot of poor people).

For me, losing that big amount of bitcoin, I will feel very bad as well. But I can't blame anyone but myself. You decided to risk everything and that's what you get. As a fellow gambler, I would understand everything, as compare to people who don't understand gamblers mindset. Its all or nothing.Its the risk that every gambler has to make. But what if he goes to win another 50 bitcoin? What will be our reaction then?

And for those who are not ready to take such risk, then I will tell you that don't deal with gambling. I myself have lost tons of money in gambling, but its my choice and I have to deal with it personally.
hero member
Activity: 756
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December 28, 2017, 07:16:51 PM
If I lost 50 BTC at the market price now, I will feel very bad. This is my salary for many years and I could have buy a nice house for my family.
Indeed, this is a lot of money right now. However, there are millionaires out there that can really lose this much money in one bet without even hurting their pockets. I guess these are the inequalities of life we could say. Some just has so much money compared to others and we can't really do anything about it but to tax them and redistribute wealth (as the governments would put it, which I don't think really works since there are still a lot of poor people).
full member
Activity: 322
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December 28, 2017, 02:09:40 PM
If I lost 50 BTC at the market price now, I will feel very bad. This is my salary for many years and I could have buy a nice house for my family.
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