losing 50 bitcoins gambling - page 11.

lienfaye

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Quote from: LordDisick on October 24, 2017, 02:09:13 AM

Quote from: Getcoinsite on October 20, 2017, 02:14:06 PM

When he losses 5 btc.he should have realize that luck wasnt on him.and stopped right away.why waited for 50btc .its a big loss that can change life for good.if he only valued the BtC as fiat

So true, that's one of the problem with gamblers when the greediness strikes you wouldn't care about how much you will lose. I still can't believe he just wasted that huge amount of bitcoin, we should have self control and discipline in gambling because it tends to be very addicting.

Losing such amount is really depressing and if im in his shoes i think it would be hard to find ways for coping up.

Addiction and greediness are the reasons why that gambler risk the amount that can contribute so much in reality and in just a blink its all gone in his hands.

Whatever his status is to afford 50 btc, still its not good to spend too much in gambling because it can ruin lives.

LordDisick

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Quote from: Getcoinsite on October 20, 2017, 02:14:06 PM

When he losses 5 btc.he should have realize that luck wasnt on him.and stopped right away.why waited for 50btc .its a big loss that can change life for good.if he only valued the BtC as fiat

So true, that's one of the problem with gamblers when the greediness strikes you wouldn't care about how much you will lose. I still can't believe he just wasted that huge amount of bitcoin, we should have self control and discipline in gambling because it tends to be very addicting.

Gotomoon

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Quote from: Juggy777 on October 24, 2017, 12:15:25 AM

Quote from: niagwai on May 17, 2016, 04:34:56 PM

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.

Fifty? One would be absolutely mad to play that huge amount in betting, I would literally die lol, maybe for a while, I would never to do it, I don't believe people should use copying methods, what works for one doesn't work for other. One should be very careful as to what and how he decides to play with his coins, I feel one should experiment his own strategies and then stick with what's best for him. And never loose so much.

This guy has been wasting a lot of money, imagine 50 bitcoins in gambling. I would feel crazy and depressed to the moon losing huge of bitcoin. I would rather make my own strategies than copying from others that you don't know if you will gonna win on this.

mirakal

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Quote from: megynacuna on October 23, 2017, 07:49:40 PM

Quote from: abramovich on October 23, 2017, 03:16:05 PM

Quote from: bering on October 23, 2017, 01:44:09 PM

Quote from: sulendra12 on October 22, 2017, 09:41:27 AM

Those guys just throwing away their money. I don't know if they were rich or just a stupid guy who would like to make trending topic with those silly action. You shouldn't follow that strategy and don't even think to make big money through gambling.

maybe that person was rich and also stupid guy who willing to spend a lot of bitcoin to satisfy his hobby in gambling and i think this guy never thinking the risky for losing his money although it was happened last year when bitcoin price not really high just like this year but 50 btc still very big amount if only to spend for gambling

not a possibility but that person is really rich. because he is willing to spend 50 bitcoin just to gamble. and if I own 50 bitcoin better I make to help people who can not afford it. that if I personally

50 Bitcoins isn't easy to get around these day and for someone to gamble it takes some uncommon courage which is not common for the ordinary joe like myself and so i wouldn't dare loose that or risk that even if i had 1000 bitcoins.

I guess we can only lose that big amount of money when we starting to loss our control in gambling, when out emotion will dictate us we will be chasing our loses especially if we are too unlucky, the adrenaline rush is not good in gambling, the more we get emotional the more we risk our money and would mostly result to losing an amount we cannot afford anymore.

Juggy777

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Quote from: niagwai on May 17, 2016, 04:34:56 PM

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.

Fifty? One would be absolutely mad to play that huge amount in betting, I would literally die lol, maybe for a while, I would never to do it, I don't believe people should use copying methods, what works for one doesn't work for other. One should be very careful as to what and how he decides to play with his coins, I feel one should experiment his own strategies and then stick with what's best for him. And never loose so much.

megynacuna

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Quote from: abramovich on October 23, 2017, 03:16:05 PM

Quote from: bering on October 23, 2017, 01:44:09 PM

Quote from: sulendra12 on October 22, 2017, 09:41:27 AM

Those guys just throwing away their money. I don't know if they were rich or just a stupid guy who would like to make trending topic with those silly action. You shouldn't follow that strategy and don't even think to make big money through gambling.

maybe that person was rich and also stupid guy who willing to spend a lot of bitcoin to satisfy his hobby in gambling and i think this guy never thinking the risky for losing his money although it was happened last year when bitcoin price not really high just like this year but 50 btc still very big amount if only to spend for gambling

not a possibility but that person is really rich. because he is willing to spend 50 bitcoin just to gamble. and if I own 50 bitcoin better I make to help people who can not afford it. that if I personally

50 Bitcoins isn't easy to get around these day and for someone to gamble it takes some uncommon courage which is not common for the ordinary joe like myself and so i wouldn't dare loose that or risk that even if i had 1000 bitcoins.

abramovich

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Quote from: bering on October 23, 2017, 01:44:09 PM

Quote from: sulendra12 on October 22, 2017, 09:41:27 AM

Those guys just throwing away their money. I don't know if they were rich or just a stupid guy who would like to make trending topic with those silly action. You shouldn't follow that strategy and don't even think to make big money through gambling.

maybe that person was rich and also stupid guy who willing to spend a lot of bitcoin to satisfy his hobby in gambling and i think this guy never thinking the risky for losing his money although it was happened last year when bitcoin price not really high just like this year but 50 btc still very big amount if only to spend for gambling

not a possibility but that person is really rich. because he is willing to spend 50 bitcoin just to gamble. and if I own 50 bitcoin better I make to help people who can not afford it. that if I personally

flower1024

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Quote from: glowing10 on October 23, 2017, 01:12:01 PM

Quote from: Getcoinsite on October 20, 2017, 02:14:06 PM

When he losses 5 btc.he should have realize that luck wasnt on him.and stopped right away.why waited for 50btc .its a big loss that can change life for good.if he only valued the BtC as fiat

People who are addicted cannot realize this that they are losing it and should stop. They think that they can easily make money from gambling and will become millionaire. In this hunt they end up losing a huge amount of money which is sad to hear.

The addicted gamblers intention is not to become a milliner, they play to win more games, and they want to show others that they are experts in gambling. If they really care for money, then they will not lose money like this am I right.

bering

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Quote from: sulendra12 on October 22, 2017, 09:41:27 AM

Those guys just throwing away their money. I don't know if they were rich or just a stupid guy who would like to make trending topic with those silly action. You shouldn't follow that strategy and don't even think to make big money through gambling.

maybe that person was rich and also stupid guy who willing to spend a lot of bitcoin to satisfy his hobby in gambling and i think this guy never thinking the risky for losing his money although it was happened last year when bitcoin price not really high just like this year but 50 btc still very big amount if only to spend for gambling

glowing10

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Quote from: Getcoinsite on October 20, 2017, 02:14:06 PM

When he losses 5 btc.he should have realize that luck wasnt on him.and stopped right away.why waited for 50btc .its a big loss that can change life for good.if he only valued the BtC as fiat

People who are addicted cannot realize this that they are losing it and should stop. They think that they can easily make money from gambling and will become millionaire. In this hunt they end up losing a huge amount of money which is sad to hear.

Oilacris

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Quote from: South Park on October 23, 2017, 12:39:13 PM

Quote from: marlboroza on October 22, 2017, 09:52:17 AM

Quote from: South Park on October 20, 2017, 04:47:05 PM

Quote from: mrcash02 on October 19, 2017, 09:49:35 PM

Quote from: South Park on October 19, 2017, 02:59:30 PM

Quote from: qwertyup23 on October 14, 2017, 10:57:58 PM

Quote from: niagwai on May 17, 2016, 04:34:56 PM

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.

In the event that I lost 50 bitcoins in a gamble, then I would inevitably be depressed and reflect on my actions as an individual with priorities. That is primarily the reason why gambling has the potential in destroying your life when it comes to decision making. It creates this endless illusion of you betting and betting again regardless of your winnings or losings. Gambling can never be profitable in the long-run and that link is the living example of it especially when YOU DO NOT KNOW WHEN AND HOW TO STOP gambling.

Can you imagine losing something close to 300k dollars in a few hours? I will be devastated, that amount of money is enough in my country to buy several properties, and if you hold for a long time and the price of bitcoin becomes higher that could be enough to retire and never have to work again.

Only rich people can gamble so much money like that in few hours and if it's a rich person there is much more money besides the 50 BTCs lost on gambling game. So I think this person wouldn't become mad about it... Probably this person would recover the 50 BTCs really fast with investments or income from any kind of rentable business. We think this is extreme because we don't have much money on our pockets like these big gamblers. Cheesy

But how rich you need to be to be able to lose 50BTC and not regret even if someone had like 1000BTC losing 50 BTC is still 5% of your whole net worth and that is always going to hurt no matter who you are, so unless that person is a whale then he felt that loss.

Yes, but what if he had 100000 bitcoins? Then 50 is meaningless to him even though it is lots of money, and when you see whale gambling with large amount of money(recently i saw 70 btc or something like that in single bet) it can only mean that they are sitting on bags full of bitcoins.
And to be honest that is nothing compared to Laszlo's 10000 bitcoin worth pizza.

But even if someone is siting in that many coins you cannot sustain a gambling habit like that, if what you said is true then it is impossible for this person to keep holding his original stash of bitcoin at some point even bets of that size are going to begin to hit the size of his bankroll.

Even you have thousands of bitcoins and if you betting style would retain on that size then those small amounts will pile up until it would become big and you will be shocked later on that you are losing too much big amount and end up on regretting.If you do have millions of bitcoin then it is still not fine to waste up your money on those kind big bets if we do equate it on the recent price of bitcoin.

South Park

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Quote from: marlboroza on October 22, 2017, 09:52:17 AM

Quote from: South Park on October 20, 2017, 04:47:05 PM

Quote from: mrcash02 on October 19, 2017, 09:49:35 PM

Quote from: South Park on October 19, 2017, 02:59:30 PM

Quote from: qwertyup23 on October 14, 2017, 10:57:58 PM

Quote from: niagwai on May 17, 2016, 04:34:56 PM

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.

In the event that I lost 50 bitcoins in a gamble, then I would inevitably be depressed and reflect on my actions as an individual with priorities. That is primarily the reason why gambling has the potential in destroying your life when it comes to decision making. It creates this endless illusion of you betting and betting again regardless of your winnings or losings. Gambling can never be profitable in the long-run and that link is the living example of it especially when YOU DO NOT KNOW WHEN AND HOW TO STOP gambling.

Can you imagine losing something close to 300k dollars in a few hours? I will be devastated, that amount of money is enough in my country to buy several properties, and if you hold for a long time and the price of bitcoin becomes higher that could be enough to retire and never have to work again.

Only rich people can gamble so much money like that in few hours and if it's a rich person there is much more money besides the 50 BTCs lost on gambling game. So I think this person wouldn't become mad about it... Probably this person would recover the 50 BTCs really fast with investments or income from any kind of rentable business. We think this is extreme because we don't have much money on our pockets like these big gamblers. Cheesy

But how rich you need to be to be able to lose 50BTC and not regret even if someone had like 1000BTC losing 50 BTC is still 5% of your whole net worth and that is always going to hurt no matter who you are, so unless that person is a whale then he felt that loss.

Yes, but what if he had 100000 bitcoins? Then 50 is meaningless to him even though it is lots of money, and when you see whale gambling with large amount of money(recently i saw 70 btc or something like that in single bet) it can only mean that they are sitting on bags full of bitcoins.
And to be honest that is nothing compared to Laszlo's 10000 bitcoin worth pizza.

But even if someone is siting in that many coins you cannot sustain a gambling habit like that, if what you said is true then it is impossible for this person to keep holding his original stash of bitcoin at some point even bets of that size are going to begin to hit the size of his bankroll.

JasonXG

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That is so much to lose. I think its time to stop. You played you lost you learnt your lesson. Gambling is not for you so you must accept that and move on before losing even more. Maybe you have an addiction problem and must get help. I feel bad for you but you did it to yourself. Its not the end if the world. Work hard and make the money back. If you dohabe to gamble again please use limits so this doesn't happen again.

marlboroza

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Quote from: South Park on October 20, 2017, 04:47:05 PM

Quote from: mrcash02 on October 19, 2017, 09:49:35 PM

Quote from: South Park on October 19, 2017, 02:59:30 PM

Quote from: qwertyup23 on October 14, 2017, 10:57:58 PM

Quote from: niagwai on May 17, 2016, 04:34:56 PM

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.

In the event that I lost 50 bitcoins in a gamble, then I would inevitably be depressed and reflect on my actions as an individual with priorities. That is primarily the reason why gambling has the potential in destroying your life when it comes to decision making. It creates this endless illusion of you betting and betting again regardless of your winnings or losings. Gambling can never be profitable in the long-run and that link is the living example of it especially when YOU DO NOT KNOW WHEN AND HOW TO STOP gambling.

Can you imagine losing something close to 300k dollars in a few hours? I will be devastated, that amount of money is enough in my country to buy several properties, and if you hold for a long time and the price of bitcoin becomes higher that could be enough to retire and never have to work again.

Only rich people can gamble so much money like that in few hours and if it's a rich person there is much more money besides the 50 BTCs lost on gambling game. So I think this person wouldn't become mad about it... Probably this person would recover the 50 BTCs really fast with investments or income from any kind of rentable business. We think this is extreme because we don't have much money on our pockets like these big gamblers. Cheesy

But how rich you need to be to be able to lose 50BTC and not regret even if someone had like 1000BTC losing 50 BTC is still 5% of your whole net worth and that is always going to hurt no matter who you are, so unless that person is a whale then he felt that loss.

Yes, but what if he had 100000 bitcoins? Then 50 is meaningless to him even though it is lots of money, and when you see whale gambling with large amount of money(recently i saw 70 btc or something like that in single bet) it can only mean that they are sitting on bags full of bitcoins.
And to be honest that is nothing compared to Laszlo's 10000 bitcoin worth pizza.

sulendra12

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Those guys just throwing away their money. I don't know if they were rich or just a stupid guy who would like to make trending topic with those silly action. You shouldn't follow that strategy and don't even think to make big money through gambling.

FasTroy

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Quote from: moooonu on October 22, 2017, 08:00:26 AM

I have seen a guy loosing 1000 bitcoins in just one bet on justdice and another guy loosing more than 300+ btc on pd. but at that time btc was much less than 200$. This guy is really crazy or too rich to afford that much of money.

Omg, Its too big amount to lose, I can't believe why he put this high amount of btc in gambling games. As i think now 1000 btc it's worth 5853k$, It's really a crazy guy to do this bet. Maybe as you said, he is too rich to put this high amount in just one bet, or maybe he is too crazy like i said.

moooonu

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I have seen a guy loosing 1000 bitcoins in just one bet on justdice and another guy loosing more than 300+ btc on pd. but at that time btc was much less than 200$. This guy is really crazy or too rich to afford that much of money.

BillCoin

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WOW.
But I guess that the one who did the best is probably a millionaire.
For me 50btc is an huge amount, but for people who has money it is much easier to lose this amount, I am just surprised that nitrogensports let him place this bet, which was about 100k$ at the time of the best, usually they have a limit cap of about 20K at nba games, amazing!.

poplolnman

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Quote from: South Park on October 21, 2017, 05:44:09 PM

Quote from: acquafredda on October 20, 2017, 05:46:52 AM

I think to gamble my bitcoins has been my worst mistake in the crypto life so far. I should have never used them to play casinos and stuff.
On the long run the house always wins.

It depends on your expectations, if you know form the beginning that gambling is not going to make you money and you are just gambling for fun then losing those bitcoins was not a big deal but if you thought that you could multiply that bitcoin then those were hurtful loses from your part since gambling is not an activity in which you can make money.

lol it's always be a big deal when you lost that much money , your assumption are so wrong. if you think gamble are for having fun only and then of course you will never lost too much money . just an extra money that you can afford to lose. but yeah if you think that 50 btc are something that you can afford to lose then it's gonna be a different story.

Betwrong

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Quote from: stolendata on October 21, 2017, 06:10:40 PM

Quote from: Vaculin on October 21, 2017, 09:55:54 AM

Quote from: Caladonian on October 20, 2017, 06:09:00 AM

Quote from: acquafredda on October 20, 2017, 05:46:52 AM

I think to gamble my bitcoins has been my worst mistake in the crypto life so far. I should have never used them to play casinos and stuff.
On the long run the house always wins.

good for you to have this lesson in life and make sure that you will able to quit and never to come back, gambling is not for everyone those who can survive
with this activity are those who can afford to control their emotions and knows what is there limitations.

Right.Gambling is just for fun,and not to be taken seriously.I'm sure you won't gamble anymore,or if you want it sometimes but not with your bitcoins.That's too much to lose.You work hard just to earn bitcoin so it should not be wasted by any means.Learn to value things that are of biggest importance.

But i do not think that 99% people play gambling for fun and enjoyment. it think most of the people play gambling for making money. Gambling attract people toward itself as they consider gambling the easiest way of making money, but in fact it is not so, gambling is the most risky way of making money and there are always chances that you wall lose your money in gambling, therefore i think the best option is to play gambling in a limit.

I think you are right unfortunately. Most gamblers don't play for fun. Poor people think that gambling is a way to make fast money but in fact it's a way to lose your money fast. But still there are people who gamble to unwind from daily stressful life or from hard work, and they gamble for fun putting limits on their bets and thus not losing much.

Topic: losing 50 bitcoins gambling - page 11. (Read 7917 times)