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Topic: My failure experience with bitcoin (Read 1209 times)

full member
Activity: 135
Merit: 100
September 26, 2017, 06:15:42 AM
#49
Well we fail in almost every aspect in some point of our lives. Just think of failures as oppurtunities to learn. It's good to be reminded about  the threats in bitcoin world and I agree it is the reality.
Very well said! I will second you without having a second thought. I think failures are part of life. There is hardly any person who has never failed in his life. I think that one should learn from his mistakes so that he may not repeat the same mistakes in the future to avoid further loss. You should learn how to become better by learning from your experience.

sr. member
Activity: 471
Merit: 500
September 15, 2017, 04:38:20 AM
#48
I'm sorry for your loss.

I have also lost 0.05BTC on a bot which I can not get refund.

But it is life. You should not let small frustration defeat you.
sr. member
Activity: 504
Merit: 252
September 15, 2017, 03:38:08 AM
#47
I'm regret that since I first knew bitcoin in 2014 I did not buy much, then the price is not more than $ 120 and if I buy 1000 btc and I'm selling at the current price, of course I get a big profit.
full member
Activity: 182
Merit: 100
September 15, 2017, 03:20:25 AM
#46
I failed on bitcoin investment way back late 2015 when the price of 1 bitcoin is worth 500usd, thats the time when I started bitcoin, no enough knowledge of inveatment scam the only thing I know that time is that bitcoin is legal but not aware of scams using bitcoin. I invested a total of 600usd in a hyip type of investment, I earned but due yo my greed I decided to reinvest it until the company shutdown their website and I lost my all my bitcoin.
legendary
Activity: 1540
Merit: 2036
Betnomi.com Sportsbook, Casino and Poker
September 15, 2017, 03:09:11 AM
#45
Hi bitcointalkers .
I made this poste to show the dark side within bitcoin .
Well, I saw many posts talking about success stories with this cryptocurrency , but no one talks about FAILURE in BTC .
For example : I knew bitcoin since it was 500 usd , I used to use faucets and collected some 0.01 BTC ( that time was worthless) I sold some If the amount to a SCMER on localbitcoin , I lost the big part on yobit , and the rest is still blocked on virwox .
This was my story with bitcoin , it's true that I did not pay attention , but failure can be reality with bitcoin.
Can you pls tell more details about localbitcoins scam? I've been curious about  any possible problems with those escrow systems but haven't seen anything usefull on the forum. Thought whe worse thing is that your funds can freeze for a long time on escrow acc.
Months ago , I saw a person on localbitcoin​ buying bitcoin ( higher than the price average) , I sold some coins to this person , but he didn't send me anything​to my PayPal account...he was simply SCAMER .

Did you sent your bitcoin straight to his adress avoiding the escrow system? I thought  it is nessecary for all localbitcoins transactions.
Also remember that PayPal is reversable and such offers might be a scam even if you get your funds after the deal.

A side note to Paypal, They do not offer Buyer protection for purchasing Bitcoins. That was my failure upon entering the bitcoin world, despite confirming with one of their agents ahead of time that I was covered. I did use my credit card through paypal, and as of right now they are offering Fraud protection, and I hope they don't come back and reverse that decision. They still have 2 months to decide, but as many have said I chocked it up to a lesson learned and realized that the fees through exchanges aren't so bad especially when compared to getting ripped off.  
full member
Activity: 658
Merit: 100
September 15, 2017, 03:07:28 AM
#44
I also actually have a dark story in this world, I once transfer bitcoin from one wallet to another wallet but my bitcoin stuck between the delivery of 2 wallets was I was very disappointed at that time, but how else no one would be responsible for what I experienced at that time
hero member
Activity: 2492
Merit: 548
8ombard - Pick, Play, Prosper!
September 15, 2017, 02:59:08 AM
#43
Bitcoin is a way to make profit along with knowledge gain. This sometimes goes out of our predictions causing failure, but one needs to trust that the price pumping is assured. Not only with bitcoin, everywhere when we experiment we get the output and from that can learn how to be successful and what needs to be done to overcome failures.
full member
Activity: 173
Merit: 100
September 15, 2017, 02:54:26 AM
#42
Hi bitcointalkers .
I made this poste to show the dark side within bitcoin .
Well, I saw many posts talking about success stories with this cryptocurrency , but no one talks about FAILURE in BTC .
For example : I knew bitcoin since it was 500 usd , I used to use faucets and collected some 0.01 BTC ( that time was worthless) I sold some If the amount to a SCMER on localbitcoin , I lost the big part on yobit , and the rest is still blocked on virwox .
This was my story with bitcoin , it's true that I did not pay attention , but failure can be reality with bitcoin.


Yeah. You're right. We never heard about failure stories about bitcoin. I tell my story how it goes when I started believing on a ponzi schemes well I waste lots of money for that and always ending with scams failures. That's when I started to browse here and I found out that there is no easy on bitcoin it just that ponzi schemes takes all you're money by believing that you can get it back twice within days. That was may darker days of my bitcoin I waste lots of them not knowing I was fraud to it.
full member
Activity: 448
Merit: 101
September 15, 2017, 02:47:37 AM
#41
Hi bitcointalkers .
I made this poste to show the dark side within bitcoin .
Well, I saw many posts talking about success stories with this cryptocurrency , but no one talks about FAILURE in BTC .
For example : I knew bitcoin since it was 500 usd , I used to use faucets and collected some 0.01 BTC ( that time was worthless) I sold some If the amount to a SCMER on localbitcoin , I lost the big part on yobit , and the rest is still blocked on virwox .
This was my story with bitcoin , it's true that I did not pay attention , but failure can be reality with bitcoin.
I have also failed a lot in doing lots of investments online, but in our failures or in our most difficult moments lie our greatest successes, I am happy with what I have been able to make on the bitcoin network today.
legendary
Activity: 3066
Merit: 1145
The revolution will be monetized!
September 14, 2017, 12:41:34 PM
#40
Bitcoin was not designed or intended to be an investment. It is a currency. Had you bought some bitcoin at $500 and spent it when the price went up a bit you would be in the right colored ink.

 
sr. member
Activity: 1078
Merit: 270
September 14, 2017, 12:40:32 PM
#39
Hi bitcointalkers .
I made this poste to show the dark side within bitcoin .
Well, I saw many posts talking about success stories with this cryptocurrency , but no one talks about FAILURE in BTC .
For example : I knew bitcoin since it was 500 usd , I used to use faucets and collected some 0.01 BTC ( that time was worthless) I sold some If the amount to a SCMER on localbitcoin , I lost the big part on yobit , and the rest is still blocked on virwox .
This was my story with bitcoin , it's true that I did not pay attention , but failure can be reality with bitcoin.


I think if someone has no experience of something. it will be a taboo to discuss.

and for bitcoin, if we are involved in bitcoin, by indirectly increasing our experience for crypto. want it from profit, trading, niming, investment.

or otherwise, cheated, diblacklist, ico tires.
experience teach us something.
hero member
Activity: 812
Merit: 500
September 14, 2017, 12:31:35 PM
#38
Hi bitcointalkers .
I made this poste to show the dark side within bitcoin .
Well, I saw many posts talking about success stories with this cryptocurrency , but no one talks about FAILURE in BTC .
For example : I knew bitcoin since it was 500 usd , I used to use faucets and collected some 0.01 BTC ( that time was worthless) I sold some If the amount to a SCMER on localbitcoin , I lost the big part on yobit , and the rest is still blocked on virwox .
This was my story with bitcoin , it's true that I did not pay attention , but failure can be reality with bitcoin.

Are you sure localbitcoin is scammed? I don't really think because i myself sell and buy some btc from here.
All the members are here verified. You should check the percentage before buying or selling any BTC . You can easily see the reviews of each buyer and seller and always for the trusted seller/ buyer even though his rate might be little low, but you wont be scammed.
jr. member
Activity: 54
Merit: 10
September 14, 2017, 11:59:34 AM
#37
First I don't know anything about bitcoin, then i can understand about bitcoin and I invest in bitcoin but because of my bad luck I fail in bitcoin and I lose my hope from the  bitcoin this is called the worst time of life.
sr. member
Activity: 714
Merit: 250
September 14, 2017, 11:57:47 AM
#36
Is it late to own bitcoins ? Since I can't neither buy nor invest ?
Any suggestion? Advice? Ideas ?

I think it's still not too late to own or buy it. many rumors circulate that bitcoin will experience pump return, others say that by 2020 bitcoin will break the price up to $ 10000. so it's not too late for you.
Well, I agree that its not too late to buy bitcoin and as of now the priceo of bitcoin was falling down and I think its an opportunty to buy a lot of bitcoin. In addition to that, if you can afford to buy bitcoin there are some ways to earn bitcoin like joining in signature campaign in bitcoin forum.
sr. member
Activity: 798
Merit: 255
September 14, 2017, 11:47:13 AM
#35
Hi bitcointalkers .
I made this poste to show the dark side within bitcoin .
Well, I saw many posts talking about success stories with this cryptocurrency , but no one talks about FAILURE in BTC .
For example : I knew bitcoin since it was 500 usd , I used to use faucets and collected some 0.01 BTC ( that time was worthless) I sold some If the amount to a SCMER on localbitcoin , I lost the big part on yobit , and the rest is still blocked on virwox .
This was my story with bitcoin , it's true that I did not pay attention , but failure can be reality with bitcoin.
Yes. I think almost all of us here almost get some bad failures in reality with bitcoin. Mine, I always failed here I have banned my account many times because of I love this forum before all I love is money but when time comes that I'm get paid $150 I already begin to take it seriously and seriously dealing with it. Until I love to make some post here until I realize that I love my job already, I love already this forum. Even if how many times I failed and cried because of my regrets on my bounty rewards here. But now I already learned about this, about on how to be wise enough to look on the future.
full member
Activity: 448
Merit: 100
September 14, 2017, 11:41:00 AM
#34
Hi bitcointalkers .
I made this poste to show the dark side within bitcoin .
Well, I saw many posts talking about success stories with this cryptocurrency , but no one talks about FAILURE in BTC .
For example : I knew bitcoin since it was 500 usd , I used to use faucets and collected some 0.01 BTC ( that time was worthless) I sold some If the amount to a SCMER on localbitcoin , I lost the big part on yobit , and the rest is still blocked on virwox .
This was my story with bitcoin , it's true that I did not pay attention , but failure can be reality with bitcoin.

Actually, many fail at Bitcoin, but why our failure to reopen, better stay focused forward with Bitcoin, our past failures in deeper cemeteries, enough to be experienced.
hero member
Activity: 756
Merit: 500
September 14, 2017, 11:33:54 AM
#33
my failure experience at bitcoin must be that i dont do trading when there is free stellar on 2015. also that i spend my BTC way too fast than i supposed to do, i dont invest bitcoin then use it. i used it when i wanted to, without any good reason to do that. so that is my biggest failure in bitcoin life.
full member
Activity: 518
Merit: 106
September 14, 2017, 11:24:39 AM
#32
Im sorry to hear that. but we must realize that everything in this world has a risk. including in this bitcoin world.
the risk of failure can happen anytime. however, at least we can minimize the risk with various strategies and awareness in predicting or addressing the things that are in this bitcoin.
many people in this world are successful with having a tremendous background of failure. so my advice, keep the spirit and make this bitcoin world more useful.
full member
Activity: 336
Merit: 101
September 14, 2017, 11:05:51 AM
#31
Hi bitcointalkers .
I made this poste to show the dark side within bitcoin .
Well, I saw many posts talking about success stories with this cryptocurrency , but no one talks about FAILURE in BTC .
For example : I knew bitcoin since it was 500 usd , I used to use faucets and collected some 0.01 BTC ( that time was worthless) I sold some If the amount to a SCMER on localbitcoin , I lost the big part on yobit , and the rest is still blocked on virwox .
This was my story with bitcoin , it's true that I did not pay attention , but failure can be reality with bitcoin.
This is why you really need to be technical when making decisions on what and what to invest in, because you don’t know which one is real and which one is fake so you really have to be enlightened else your ignorance will cost you more than you thought.
sr. member
Activity: 406
Merit: 250
September 14, 2017, 10:31:27 AM
#30
Hi bitcointalkers .
I made this poste to show the dark side within bitcoin .
Well, I saw many posts talking about success stories with this cryptocurrency , but no one talks about FAILURE in BTC .
For example : I knew bitcoin since it was 500 usd , I used to use faucets and collected some 0.01 BTC ( that time was worthless) I sold some If the amount to a SCMER on localbitcoin , I lost the big part on yobit , and the rest is still blocked on virwox .
This was my story with bitcoin , it's true that I did not pay attention , but failure can be reality with bitcoin.

how to success if anyone can tackled about failure right? All things have failure like by sending bitcoin but i dont know if some case that can bitcoin dissappear.
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