Trusting Mt.Gox is a reliable company.
Hit the nail on the head there. They have been holding our bitcoinica funds for around a year now.
Topic: What are the biggest mistakes you've done with Bitcoin? - page 12. (Read 18213 times)
Trusting Mt.Gox is a reliable company.
Hit the nail on the head there. They have been holding our bitcoinica funds for around a year now.
Sold 25 coins at price $45/BTC.
Selling and buying Bitcoins too often at the wrong price.
Buying a 6 month mining contract from a guy who ran away with the money (didn't recover everything).
Trusting Mt.Gox is a reliable company.
Buying a 6 month mining contract from a guy who ran away with the money (didn't recover everything).
Trusting Mt.Gox is a reliable company.
My final BTC trade was at 2.94 BTC/CAD, pretty much the bottom of the first decline. Haven't touched bitcoin since, started reading up on it with the recent price spike. So many regrets right now.
Next biggest was to sell most of my coins on the way back up @ $26.
Yeah I really hate the fact that I needed money back at the $20 level and sold most of my coins
Lost password to my first encrypted wallet. I have 0.4 BTC in there and no way to get it out. I know one day that'll be worth like $150,000 hahaha... argh
I'm also invested in the BAKEWELL mining asset on Bitfunder, which appears to have been some sort of scam.
I'm also invested in the BAKEWELL mining asset on Bitfunder, which appears to have been some sort of scam.
Day trading Alt-currencies in the past like Solidcoin,Iocoin and Ixcoin.Lost at least 100 btc doing that.
Lost 25 BTC by sending to what I thought was my instawallet... But it wasn't. Instawallet is just a bit richer because of my stupidity.
Gamble about 150 BTC away around 5-10 dollar range.
Next biggest was to sell most of my coins on the way back up @ $26.
Next biggest was to sell most of my coins on the way back up @ $26.
As the topic says, What are the biggest mistakes you've done with Bitcoin?
I'm trying to gather just a list on things that have gone wrong. This can be terrible backup stories, client hacks, reversing at MtGox and such.
I don't want to gather a list of hacks of commercial sites in particular because there are plenty of information on that already.
I will post everything I find on this very simple website:
http://sites.google.com/site/whoissatoshi/bitcoin-mistakes
Don't be shy!
EDIT: Please add some context, interesting details etc to make it a nice story.
I'm trying to gather just a list on things that have gone wrong. This can be terrible backup stories, client hacks, reversing at MtGox and such.
I don't want to gather a list of hacks of commercial sites in particular because there are plenty of information on that already.
I will post everything I find on this very simple website:
http://sites.google.com/site/whoissatoshi/bitcoin-mistakes
Don't be shy!
EDIT: Please add some context, interesting details etc to make it a nice story.
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