Topic: What are the biggest mistakes you've done with Bitcoin? - page 8. (Read 18180 times)
I did not buy enough
Selling cheap :|
I bought 7BTC for £50. I then lost about 6 of that on btcjam. Had I just held on to them they would be worth about £800-900.
Pre-Ordering bASIC's. Lost nearly $100,000.
Ouch. sorry about that.
selling bitcoin?
Pre-Ordering bASIC's. Lost nearly $100,000.
I sold 9.5BTC at $2000 yesterday when they were $189...
Those numbers don't seem to add up...He means $1795.5.
People like to round up when talking about their winnings.
hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
Speaking of mistakes, "Biggest mistakes you've made with bitcoin" 
I sold 9.5BTC at $2000 yesterday when they were $189...
Those numbers don't seem to add up... 
Stopping my bitcoin miners back in 2010 because of a port conflict with Vmware.
Knew about Bitcoin since it was at about $2, never bought any as i was poor uni-student
Mined with my old computer, before mining pools, but turned it off after a couple days because it was going to take about 5 months (average) to hit a block (get 50 coins). Would have a couple hundred at least if i let it run, for no real cost to myself.
Got 5 coins from Bitcoin faucet way back when, which i just left in a wallet to rot on an old hard drive that i dumped when i threw out my old computer.
At the start of the most recent boom, @$30/btc, i signed up to mt.gox (thinking it was the only real way to buy mass coins - stupid) as i wanted to buy $2000 worth of coins. Waited about 3 weeks for my account verification so i could fund it, verification got rejected and Bitcoins tripled in value.
Ended up getting my $2000 worth of btc's at $96 a piece on localbitcoins. The thing is i looked at localbitcoins while my account was pending verification and thought it look a bit shady so continued to wait for mt.gox while the price skyrocketed.
My bitcoin experience is full of missed opportunities, however i have my coins now and am happy. If the price continues to climb i have a stake in it. If it plummets then i simply have the chance to buy more.
Mined with my old computer, before mining pools, but turned it off after a couple days because it was going to take about 5 months (average) to hit a block (get 50 coins). Would have a couple hundred at least if i let it run, for no real cost to myself.
Got 5 coins from Bitcoin faucet way back when, which i just left in a wallet to rot on an old hard drive that i dumped when i threw out my old computer.
At the start of the most recent boom, @$30/btc, i signed up to mt.gox (thinking it was the only real way to buy mass coins - stupid) as i wanted to buy $2000 worth of coins. Waited about 3 weeks for my account verification so i could fund it, verification got rejected and Bitcoins tripled in value.
Ended up getting my $2000 worth of btc's at $96 a piece on localbitcoins. The thing is i looked at localbitcoins while my account was pending verification and thought it look a bit shady so continued to wait for mt.gox while the price skyrocketed.
My bitcoin experience is full of missed opportunities, however i have my coins now and am happy. If the price continues to climb i have a stake in it. If it plummets then i simply have the chance to buy more.
biggest mistake:
not buying in when i first heard about it!
not buying in when i first heard about it!
Trusting shitmarket.eu - twice! The transactions went fine everytime, the users were cool but using it as an online wallet was...expensive... I lost 50 BTC because the admin gambled at first with user´s money (bitcoinica), then got "hacked" 
Same. Although I only trusted them once, and "only" lost 40 BTC...
I'll get dizzy now thinking of how much it is now.
They did not only steal my coins, but also a part of my future
Biggest mistake: invested a big amount in gold and silver instead of Bitcoin six months ago. That investment would be worth 20-25 times more now.
#1 mistake.
Back when bitcoins dropped to 3$
I stopped my mining rig and upgraded my main pc with the parts.
If I didn't stop mining, I would have made way over 35 bitcoins.
Probably up to 300 bitcoins.
#2
I sold my bitcoins for... 23$
Made 700$, reinvested half in a new mining rig.
Now I got 3 bitcoins.
No losses at all, just fun... and hell of a facepalm thinking of the money I could have made.
Responsible gaming everyone 
not starting early enough
I sold 9.5BTC at $2000 yesterday when they were $189...
Today even though I sold at an avg of $210, I'm losing money.... :/
I'm not selling until I reach my goal!
So far my biggest mistake has been ordering a Jalapeño with BTC. I probably won't see the hardware for at least 6 months, woulda been better off just hoarding the BTC I used to pay for it.
Second biggest mistake was using bitinstant to transfer. My money has disappeared.
Second biggest mistake was using bitinstant to transfer. My money has disappeared.
not starting early enough
Back at the day when I was new to bitcoins you could buy them at about 6$ per coin, wish I could travel back in time and slap myself on the head and invest all I can gather into them.
Jump to: