My failure experience with bitcoin - page 3.

haroldtee

sr. member

Activity: 644

Merit: 299

Quote from: setifien19 on August 25, 2017, 03:41:07 PM

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 truly know how that feels and I feel your pains too but you cannot attribute your own mistakes and failures to Bitcoin. These failures/mistakes can be made even on a normal day, so who do you want to say is the cause? Now, one way or the other, we have all been there and there isn't anyone that has not lost some satoshis one way or the other due to our own negligence, but instead of sobbing, there is still chance to make it worthwhile. Don't also be quick to make some decisions, most especially if you do not have an idea what you are doing. Ask questions and that is why this forum is there in the first place.

BrewMaster

legendary

Activity: 2128

Merit: 1293

There is trouble abrewing

Quote from: setifien19 on August 25, 2017, 03:41:07 PM

- I used to use faucets a
- I sold some If the amount to a SCAMER on localbitcoin ,
- I lost the big part on yobit ,

- i gathered aluminum containers from the side of the road to sell and earn money
- i was mugged and the thief stole all my money,
- i invested my dollars in a shady business with fake promises and lost money,

do you think any of the things i said means dollar has failed or it is as you put it "dark side of dollar" or do you think i was naive?

setifien19

full member

Activity: 474

Merit: 101

Quote from: Beerwizzard on August 28, 2017, 10:38:48 AM

Quote from: setifien19 on August 25, 2017, 03:41:07 PM

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 anythingto my PayPal account...he was simply SCAMER .

Beerwizzard

full member

Activity: 924

Merit: 148

Quote from: setifien19 on August 25, 2017, 03:41:07 PM

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.

webtricks

legendary

Activity: 1918

Merit: 1728

Quote from: setifien19 on August 25, 2017, 03:41:07 PM

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.

You failed doesn't mean everyone fails. All one needs a complete knowledge before getting deep in buying / selling BTC.
You said you try selling on LocalBitcoins. Why you give shit about individual selling when exchanges are available in almost all countries. Also Yobit is legit exchange, I don't know how you stuck your amount there.
Thirdly, 0.01 BTC is not big deal to loose. You can still stand up and make much more than that in BTC world.

Lanatsa

hero member

Activity: 2968

Merit: 687

Quote from: setifien19 on August 25, 2017, 03:41:07 PM

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.

If you do try to read up threads on this forum for sure you will find lots of failure stories of people who did miss the chance of getting rich on bitcoin because they do have mistakenly sell out their coins on cheaper prices and didnt paid off attention while its still cheap. You are not the only having this regrets and im sure most people do really have the same experience too, you are not the only one.

drubas

newbie

Activity: 57

Merit: 0

This question cannot be truly answered by anybody since there are way too many factors.

My opinion is that it is not too late because there are still so many new persons entering this market... this stream of people won´t stop for many months...

The people are going to invest in something and hence where the demand increases and the supply remains nearly the same --> Price goes high.

setifien19

full member

Activity: 474

Merit: 101

Is it late to own bitcoins ? Since I can't neither buy nor invest ?
Any suggestion? Advice? Ideas ?

setifien19

full member

Activity: 474

Merit: 101

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.

Topic: My failure experience with bitcoin - page 3. (Read 1249 times)