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Topic: New to Bitcoin, lost nearly all of initial investment on SatoshiDice :( - page 2. (Read 1821 times)

legendary
Activity: 1512
Merit: 1049
Death to enemies!


Buy another $800-$900 of bitcoins. What are the chances you'll lose it all twice?  Grin
The same chances as with first batch of 900$ of coins. http://en.wikipedia.org/wiki/Gamblers_fallacy
full member
Activity: 182
Merit: 100
I am a student of programming and design.
So, what do you want exactly? Pitty, bitcoins or money?

psy you're like the Maddox of BTCtalk. 2006 Maddox; don't worry its a compliment.

Still don't understand what you mean with it. Huh

Maddox? Holy hell...hold on let me link you. The new stuff is meh, but the replies to hatemail and older posts are golden.

http://maddox.xmission.com/
legendary
Activity: 1358
Merit: 1002
So, what do you want exactly? Pitty, bitcoins or money?

psy you're like the Maddox of BTCtalk. 2006 Maddox; don't worry its a compliment.

Still don't understand what you mean with it. Huh

In case you're wondering, if the dude's looking for any of those 3 things, then he will get none of them from me Grin
hero member
Activity: 504
Merit: 500
WTF???
SD SHOULD BE BANNED! SD SHOULD SEND THIS GUY ALL HIS COINS BACK!

And Vegas should be shut down! And Poker Stars! And the horse track! And slot machines should be banned. Call your senator today.

But seriously.

Buy another $800-$900 of bitcoins. What are the chances you'll lose it all twice?  Grin
legendary
Activity: 1512
Merit: 1049
Death to enemies!
Mining on laptop is not worth in long term. The laptop does not have enough mh/s to make 900$ of coins in reasonable time and also the additional heat might accelerate the death of GPU chip or mainboard. But if You have desktop computer with dual HD5870 cards and free electricity it can be a reasonable way in long term to get the coins back trough mining.
Quote
SD SHOULD BE BANNED! SD SHOULD SEND THIS GUY ALL HIS COINS BACK!
An Silk Road must be banned too, right? How technically it might be possible to do? He lost his coins in gambling because of bad luck or stupidity, what the SD have to do? Some people have big wins there. SD is the most transparent and honest way to gamble that I ever seen.
hero member
Activity: 518
Merit: 500
SD SHOULD BE BANNED! SD SHOULD SEND THIS GUY ALL HIS COINS BACK!

But seriously, the best thing you can do is to provide a good or service in exchange for BTC. 
full member
Activity: 134
Merit: 100
That money's gone.
I'd put that one down to experience, that pure luck based gambling isn't a good investment.
Next time you buy some bit coins for the long term, lock them away. If you can't do that then you should seriously consider gambling rehab.

Also until you have some experience in something, don't go investing your life savings in it, especially in something that's essentially pure luck.


Hope you have better luck in future
legendary
Activity: 1078
Merit: 1003
Gambling's bad, mmkay
sr. member
Activity: 291
Merit: 250
Gotta be honest here, this just sounds like a troll to put a bad name on Satoshi Dice.  If not, well, you need a lot more college.
full member
Activity: 182
Merit: 100
I am a student of programming and design.
So, what do you want exactly? Pitty, bitcoins or money?

psy you're like the Maddox of BTCtalk. 2006 Maddox; don't worry its a compliment.
legendary
Activity: 1358
Merit: 1002
So, what do you want exactly? Pitty, bitcoins or money?
full member
Activity: 182
Merit: 100
I am a student of programming and design.
Well besides investing in a gambling rehab center; you could join my mining pool on triple mining. Message me if you don't know how to set up your computer to mine bitcoin. Its not gonna be fast, but it's better than nothing. Also you could go to www.getfreebitcoin.com and join the raffle/use the sites listed to get small amounts of BTC free.

You could probably get enough to win some of that coin back on satoshi dice  Roll Eyes
newbie
Activity: 35
Merit: 0
Of course you have a choice, you have a choice to not beg. 
Ouch
newbie
Activity: 12
Merit: 0
Hey man Ive lost plenty too, it can be addictive just hang in there and don't play with anything you cant afford to loose.. on the other hand i have stock in satoshi dice so everyones loss is my dividend  Wink
donator
Activity: 1218
Merit: 1079
Gerald Davis
Quote
I hope there is some way to recoup what I have lost; in any way.

No.  Future actions don't change the past.  The money you lost is gone.  Even if you were able to mine (or work, or trade) and generate a profit you would have been able to do that even if you didn't lose the money you lost. 

It is called gambling for a reason. 

Quote
I have no choice since I lost nearly all of my money I had saved up.
Of course you have a choice, you have a choice to not beg. 
newbie
Activity: 23
Merit: 0
Hey all,

My name is Mitch and I'm new to the Bitcoin scene.  I heard of Bitcoins after reading an article online about its success and decided they would be better than leaving my money sit in a low interest savings account.  

I'm a college student at an elite University and am already beginning to be swamped with student loans so I thought it would be a good idea to 'invest' the money I earned from my work study job into Bitcoins.  I planned on holding on to them and selling them at a later date when I needed to make payments or when the market made it seem like the correct time to sell.

I purchased my coins through MtGox and then stored them on blockchain.info and all was well until I saw the 'Games' tab under send money.  I began playing SatoshiDice and in what seemed like a second I had lost my initial investment of $800-$900..  

What do you guys suggest I do to try and get at least some of this money back?  I understand SatoshiDice was not the best idea and I should not have 'gambled' my coins away.

I am up for any advice as to how to proceed from here.  I don't like to ask for help but lacking the knowledge some of the veterans around here have I have no choice since I lost nearly all of my money I had saved up.

Am I, to put it simply, screwed?  I hope there is some way to recoup what I have lost; in any way.  I have a powerful laptop, free electricity, and free access to Internet that showed to be faster than 99% of all other tests performed, according to speedtest.net.  Mining on my Nvidia GT540M graphics card seems pointless, and although my CPU is great mining with that is out of the question it seems.

Thank you all a ton for whatever advice you can give me.
I believe my Bitcoin address is in my signature if anyone cares to donate.  That'd be great to build my spirits up a bit, but only do so if you can afford to do so, I do not want you in a tough situation as well.

Thanks again, Mitch.
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