Getting scammed out of 60 coins.....
60 ?
what Hz ? lol
Topic: Worst bitcoin decision you've ever made? - page 84. (Read 97039 times)
60 ?
what Hz ? lol
Getting scammed out of 60 coins.....
I am so angry that I didn't mine it more when I first heard about it in like 2011. I heard about it early enough that I could have probably found a block on my own at some point. I had decent hardware even though I was young.
I mined it for like a week and ended up getting what would now be some really good money. Maybe a few hundred dollars? I lost the wallet (probably deleted/forgot about it because at the time it was worth squat) and only picked it up in April of this year. I didn't get serious until about a month ago.
Then again, I think still have the hard drive that the wallet was on. If I could find the file, I could have some good money. Hmm....
I mined it for like a week and ended up getting what would now be some really good money. Maybe a few hundred dollars? I lost the wallet (probably deleted/forgot about it because at the time it was worth squat) and only picked it up in April of this year. I didn't get serious until about a month ago.
Then again, I think still have the hard drive that the wallet was on. If I could find the file, I could have some good money. Hmm....
didnt buy btc before 2 years 
LOL sorry OP that is sad. But we never know what's going to happen in the future.
I wish I had not sold like 6 months ago, although it's coming down to a more reasonable price now.
I wish I had not sold like 6 months ago, although it's coming down to a more reasonable price now.
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It's all fun and games until somebody loses an eye
The first time I did a trade on the OTC ... I wanted to sell some bitcoin, this guy with lots of nice feedback offered to buy the for dwolla cash. I didn't have any rep (I think I still don't), so he wanted me to go first. He was giving me a nice deal on them, a bit over MtGox at the time, so I sent the bitcoins. About a minute later, the channel mod called him out for being identified (simple password) but not confirmed (gpg signature required). After complaining for a minute he disappeared. I should have seen the signs of the scammer using a stolen account, but I was having too much fun doing an OTC trade for the first time so I missed it.
Not buying them 3y. ago 
I first read of Bitcoin in 2009. It seemed like a no brainer. Read with interest every few months since. Had a large amount of cash sat doing nothing throughout that period of time. Bought for the first time in November.
The worst decision was not making a decision. When I finally did I'm sure it'll work out to be one of the best I've ever made.
In a way recent months have been by far the best times to buy in terms of perspective. The market has enough depth, momentum and history for people to figure out what their best choice should be.
If you'd bought in the cents it would've been very hard to resist selling once they were over a dollar. The ones who'll really get the paydays are the people who completely forgot about the whole thing. Let's hope they can access their coins.
The worst decision was not making a decision. When I finally did I'm sure it'll work out to be one of the best I've ever made.
In a way recent months have been by far the best times to buy in terms of perspective. The market has enough depth, momentum and history for people to figure out what their best choice should be.
If you'd bought in the cents it would've been very hard to resist selling once they were over a dollar. The ones who'll really get the paydays are the people who completely forgot about the whole thing. Let's hope they can access their coins.
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My worst Bitcoin decision I ever made was not buying any when I first heard about them. My second mistake was not buying more at £70.
Q2, 2013 instead of buying bitcoin i bought a BFL miner.
Would have had ~€18.000 by now in bitcoins.
forgot about bitcoin until i recieved my miner (so didn't buy anything later in the year either, until the start of this bubble, luckily enough i did realize it was a bubble, so i made a bit of profit with trading, altough i also made some mistakes so i missed out a lot as well).
Would have had ~€18.000 by now in bitcoins.
forgot about bitcoin until i recieved my miner (so didn't buy anything later in the year either, until the start of this bubble, luckily enough i did realize it was a bubble, so i made a bit of profit with trading, altough i also made some mistakes so i missed out a lot as well).
I made a study of bitcoin price increase, and my findings were:
- If you pick a random 12-week period in Bitcoin's history, the chances are better to make at least 10x return on investment, than to make any loss. (23% to 19% iirc.)
Averaging across at all Mt Gox trading data since 2010-07-17, if you hold for 30 days and sell you have a 62.6% chance of selling higher than you bought at, and a 37.4% chance of selling lower than you bought.- If you pick a random 12-week period in Bitcoin's history, the chances are better to make at least 10x return on investment, than to make any loss. (23% to 19% iirc.)
For a 60 day interval this becomes 73.0%/25.8%
For a 90 day interval this becomes 77.3%/19.8%
Thinking of this, it is so insane, that the Finnish bitcoin merchants in general would have done better by just holding.
My webpage tells that I will have to charge 15% premium, for the reason that on average it gains 12% during the two days I need to replenish the stock from an exchange.
https://bitcointalksearch.org/topic/m.43324
Actually I don't regret paying 220 BTC for a used OLPC. That was then, I knew full well it might be a bitcoin pizza moment, without the glory. BTC is worthless if you don't use it.
Actually I don't regret paying 220 BTC for a used OLPC. That was then, I knew full well it might be a bitcoin pizza moment, without the glory. BTC is worthless if you don't use it.
Either not buying more at ~$10.00 or not selling at $147.00
I'm living the Black Swan scenario.
I'm living the Black Swan scenario.
spent 2800 on butterflylabs ASIC....
Runner up would be the panic buy at 138 the other day....then the crash. The hole where my heart should be is too young for this. Eating and sleeping have become difficult.
Don't worry. I have panic bought several times at all time highs, ever since when it was $20 (in February, this year).
There has not been a weekly negative since... ever(?)
Thanks. A voice that speaks from experience is always nice. Keeping up with mainstream media coverage helps, as well.
Even though the price hasn't gone up much since the buy, the future looks promising(at least in the short term, long term, who knows). The Btc Atm talk has me pretty excited.
I like winning.
I made a study of bitcoin price increase, and my findings were:
- If you pick a random 12-week period in Bitcoin's history, the chances are better to make at least 10x return on investment, than to make any loss. (23% to 19% iirc.)
Averaging across at all Mt Gox trading data since 2010-07-17, if you hold for 30 days and sell you have a 62.6% chance of selling higher than you bought at, and a 37.4% chance of selling lower than you bought.- If you pick a random 12-week period in Bitcoin's history, the chances are better to make at least 10x return on investment, than to make any loss. (23% to 19% iirc.)
For a 60 day interval this becomes 73.0%/25.8%
For a 90 day interval this becomes 77.3%/19.8%
There has not been a weekly negative since... ever(?)
If you use Mondays as the start of the week, 2012-12-17 was the last time. It was down 1.3% from the prior Monday.If you use a rolling 7 day window there were several days back in December and January in which the price closed slightly lower than it had seven days prior.
I made a study of bitcoin price increase, and my findings were:
- If you pick a random 12-week period in Bitcoin's history, the chances are better to make at least 10x return on investment, than to make any loss. (23% to 19% iirc.)
I have not made mistakes with bitcoin, because I have not sold any (except as OTC dealer, which is profitable). Of course everybody could have bought more, but that does not count. I feel privileged by being able to buy more as price has gone up.
There has not been a weekly negative since... ever(?)
If you use Mondays as the start of the week, 2012-12-17 was the last time. It was down 1.3% from the prior Monday.If you use a rolling 7 day window there were several days back in December and January in which the price closed slightly lower than it had seven days prior.
Runner up would be the panic buy at 138 the other day....then the crash. The hole where my heart should be is too young for this. Eating and sleeping have become difficult.
Don't worry. I have panic bought several times at all time highs, ever since when it was $20 (in February, this year).
There has not been a weekly negative since... ever(?)
Deciding to try day trading, one day before the fork split.
Bitcoins lost, lesson learned.
Bitcoins lost, lesson learned.
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