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Topic: losing 50 bitcoins gambling - page 3. (Read 7934 times)

full member
Activity: 444
Merit: 101
December 24, 2017, 09:50:37 AM
Even as at when BItcoin price was less than $1K USD, I can’t understand how or why I would even contemplate a losing streak of 1BTc, let alone of 50.  That is a massive amount of Btc/money to lose.  I consider myself a novice gambler therefore I don’t/can’t gamble with such huge amounts beceuase I would probabaly go crazy if I lost that amount of bitcoin.  Probabaly, if you’re a whale, it wouldn’t matter so much, but it sa huge amount to lose.
hero member
Activity: 1302
Merit: 540
December 23, 2017, 09:25:06 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.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
December 23, 2017, 08:46:02 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.
full member
Activity: 392
Merit: 100
platform for everyday business
December 23, 2017, 07:16:10 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.

Will that 50bitcoins is a large amount of loosing digital money,ive never experienced that kind of loosing because im only a beginner in terms of gambling,i can never afford that such kind of capital loosing.maybe those people loose that such kind of huge money is a bitcoin millionare and those kind of amount loosing they never mind,what happen to there bitcoin.if that situation happen to me i think i loss my mind.
legendary
Activity: 1904
Merit: 1000
December 11, 2017, 02:33:45 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.
sr. member
Activity: 700
Merit: 254
December 11, 2017, 02:08:31 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.

That's why gambling addiction is not good especially with bitcoin because you can lose a lot of money because whenever you gamble with bitcoin you are not aware how much money have you lost. It's really difficult to quit gambling once you get addicted to it. The best way to prevent losing money in gambling is to control your self when you gamble.
legendary
Activity: 3094
Merit: 1127
December 11, 2017, 02:01:57 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.

I would really feel bad especially today because bitcoin price is not a joke anymore, 1 bitcoin costs almost $16,000 and 50 bitcoins is not easy to earn even if you stay awake for a whole year. That's why gambling is not a good habit, you could lose everything that you have if you get addicted to it.
If Op does have thousands of bitcoins then its still fine for him and 50 btc would be nothing but for us ordinary citizens or small earners then this amount would really be not a joke anymore.Even myself wont even imagine if i lose up that amount and even if you do work for 5 years here in my country you wont able to earn that amount no matter how hard you do try.
full member
Activity: 462
Merit: 100
December 11, 2017, 01:55:42 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.

I would really feel bad especially today because bitcoin price is not a joke anymore, 1 bitcoin costs almost $16,000 and 50 bitcoins is not easy to earn even if you stay awake for a whole year. That's why gambling is not a good habit, you could lose everything that you have if you get addicted to it.
sr. member
Activity: 686
Merit: 253
December 11, 2017, 01:53:25 PM
50 btc x $15000 = $750000
Wow a very large amount. If you not lost, maybe you have become rich right now. Grin
Definitely its insane losing so much money that can be use after retirement and enough to live comfortably.

I cant imagine what would be my reaction after losing 50 bitcoins in gambling, its shocking and i might also lose my mind for what i did. Nevertheless its already happened so the best thing to do is forget everything and start over again.


I think OP should find a way to get over this because loosing out that much definitely hurts but that's not the end of the world. I don't think he will be worried if we were in 2014 or even 2015 when that 50 bitcoin wasn't worth that much.
hero member
Activity: 3010
Merit: 629
December 11, 2017, 02:45:43 AM
50 btc x $15000 = $750000
Wow a very large amount. If you not lost, maybe you have become rich right now. Grin
Definitely its insane losing so much money that can be use after retirement and enough to live comfortably.

I cant imagine what would be my reaction after losing 50 bitcoins in gambling, its shocking and i might also lose my mind for what i did. Nevertheless its already happened so the best thing to do is forget everything and start over again.
full member
Activity: 868
Merit: 100
Proof-of-Stake Blockchain Network
December 11, 2017, 02:38:47 AM
I think that when I lost so much money, it's a bad day for me because now the price of bitcoin is high and you can now get 50bitcoin up to now as much as 15million plus so much money now I think that's a big deal in life when it's the loser all your life. And it's so hard now that you get it now because the bitcoin price is so high and the hassle of earning bitcoin today.
hero member
Activity: 3010
Merit: 666
December 11, 2017, 01:20:31 AM
i would never do that losing 50 btc it is so hard to earn 1 btc anf i'll just let 50 btc lose just like that i think i will be the most stupud person on earth if i will do that and i can't afford even a single btc just because of gambling.
This was way back 2016 and I am sure the value was pretty cheap at that time, 50btc could be a lot of money now if this gambler valued his bitcoin but we do not really control them and they have the freedom with their money. For me, losing that amount doesn't really matter as long as you can afford what you lose, for me I only lose more than 1 btc in my life as a gambler and I have accepted it already.
full member
Activity: 241
Merit: 117
Satpam BTT 👮
December 11, 2017, 12:59:32 AM
50 btc x $15000 = $750000
Wow a very large amount. If you not lost, maybe you have become rich right now. Grin
full member
Activity: 448
Merit: 107
December 10, 2017, 11:54:55 PM
i would never do that losing 50 btc it is so hard to earn 1 btc an i'll just let 50 btc lose just like that i think i will be the most stupud person on earth if i will do that and i can't afford even a single btc just because of gambling.
newbie
Activity: 52
Merit: 0
November 23, 2017, 03:00:29 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.
Sometimes i think i'm lucky because i don't have that much Bitcoin to lose on gambling. It must be a shock experience that not much people can take.
legendary
Activity: 1442
Merit: 1008
November 23, 2017, 12:42:39 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.
having 50 bitcoin in 2016 not really can be considered as rich due that time only worth around 20,000 to 30,000 USD only . where today you can become a rich bitcoin holder with the market volatility makes your 50 bitcoin turned almost 500,000 USD! don't need to place a bet , just hold your bitcoin and it would become more than just get doubled. people would die frustating just to remember that losing , really annoying.
legendary
Activity: 1006
Merit: 1000
November 20, 2017, 06:05:40 AM
bad to hear it, 50 btc is losing in gambling. its a lot of money man.
the next time it is better to control your money to play in gambling, if you are an addict you need to control yourself.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
November 20, 2017, 05:17:11 AM
Ouch, 50 BTC lost... I don't think the better would actually mind a lot though (sorry if it is your bet), but most whales usually have a large bankroll to bet with (Maybe 500+ BTC). It would suck if the person went all in or something. Whenever I lose a bet, I usually just go "whatever" and I don't really care that much, because I only gamble what I afford to lose. On the other hand, if someone was addicted to gambling, they would probably rage a lot and swear at it.
thats the bad attitude gambling addict has,betting that huge amount just to test their luck without thinking that they losing more than they can afford.why not go investing or trading.why look for easy money.why not try to play gambling for fun and enjoyment rather than losing a lot
full member
Activity: 378
Merit: 101
November 20, 2017, 04:00:08 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.
hero member
Activity: 1302
Merit: 540
November 18, 2017, 08:47:51 AM
that is why i never do gambling yes theres a benefits if you win but if you lose this much well i rather buy some stuff that am gonna use for 1month .
He is talking about fifty bitcoin and you think you can buy stuffs for just one month,with the current price it is a huge amount of money,people used to gamble a lot in the past but with the current price i do not think that anyone would do these sort of big bets now unless you have a ton of coins you collected when the price was low or when the difficulty level was low.

Well 100 bitcoins, thats 2x50Bitcoins will be  a million dollars should bitcoin reach 10,000$ and that's within reach and so we are hypothetically talking about loosing half a million dollar here and you can't be too cool for that. Such a loss can get you crazy and i really share your pain.
Thank god! There are some people at least who know the real motto of gambling which is to leave you totally destroyed in all possible ways whether it is mental destruction or bankruptcy. We should stay away from this game if the money we are using is hard earned and our sole aim is to increase our amount in short time. I also feel so bad about losing such a big amount in a stupid game.
Yup! It is just a fun thing in the beginning. When we enter this field as a newbie, we do not actually know that it is not going to be proved as the easiest method of earning but a way to lose all you have had. Losing such a big amount such as 50 Btcs just in this stupid trash is just like ending your life just before you have started it.

One must not get himself involved in this at all even after witnessing anyone of the close relatives who had been able to win a jackpot or so because this all is temporary.
that's the end point there mate, its just a temporary way of earning money because in the long run you will lose and you won't always got a chance to defeat the house, as this gambling business design to always win against their opponents so better to make sure that you will handle this activity with always got good precautions.
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