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Topic: Worst mistake you did with Bitcoin? - page 109. (Read 135170 times)

hero member
Activity: 770
Merit: 509
August 01, 2015, 11:23:05 AM
Altcointrading it was.  Roll Eyes Yeah, it is a risky field of trading and i should have avoided it. Or maybe i should have learned more about it before trying to get rich on there. *lol*

I have lost a lot with altcoin trading, but once you get how things work money can be made. You need a lot of luck to try to guess the right pump tho, but with patience the pumps arrive, so pick your favorite up and coming coin when its cheap as hell and wait for a pump.
legendary
Activity: 1484
Merit: 1001
Personal Text Space Not For Sale
August 01, 2015, 11:17:12 AM
You can add such one indeed. I've almost been there myself. I saw someone opening a topic in which he claimed that he wanted to loan a particular (quite small) amount of BTC for a good cause. I though hey, I could do that as I do not use that amount of BTC in my wallet. I almost wanted to reply but I got interupted by the telephone - I had to head to work. Later on, I saw the particular TS has faulted on his loan as he became inactive..  I'm glad I did not hand him that loan.



Good that the telephone interrupted you. I'm thinking to open up a thread for micro lending. However, reading what you (and others) said, I think I better stay out of this line. Bitcoin leading is a very risky business. The borrower can run away anytime and the police can knock on your door anytime.

Altcointrading it was.  Roll Eyes Yeah, it is a risky field of trading and i should have avoided it. Or maybe i should have learned more about it before trying to get rich on there. *lol*

Ahh. I also find out that Altcointrading require patience and time. You need to be on your computer (or phone - have internet access) most of the time. So you can bump some pump coin and "dump" them when others is dumping.
legendary
Activity: 1148
Merit: 1006
August 01, 2015, 11:04:50 AM
Investments... that was my biggest mistake. It is simply way too hard in the bitcoin community to find a valuable and trustworthy investment. Even when the issuers are not scammers, then they are either inept or have a communication problem.
hero member
Activity: 868
Merit: 1000
August 01, 2015, 10:06:02 AM
Altcointrading it was.  Roll Eyes Yeah, it is a risky field of trading and i should have avoided it. Or maybe i should have learned more about it before trying to get rich on there. *lol*
legendary
Activity: 1050
Merit: 1007
Live like there is no tomorrow!
August 01, 2015, 08:14:22 AM
I think I can add "lend BTCs to a total stranger and rely on gut feeling only that borrower will pay"
having an account with high rank is not a guarantee that person will pay you

You can add such one indeed. I've almost been there myself. I saw someone opening a topic in which he claimed that he wanted to loan a particular (quite small) amount of BTC for a good cause. I though hey, I could do that as I do not use that amount of BTC in my wallet. I almost wanted to reply but I got interupted by the telephone - I had to head to work. Later on, I saw the particular TS has faulted on his loan as he became inactive..  I'm glad I did not hand him that loan.

legendary
Activity: 1344
Merit: 1006
July 31, 2015, 11:52:09 PM
I think I can add "lend BTCs to a total stranger and rely on gut feeling only that borrower will pay"
having an account with high rank is not a guarantee that person will pay you
 
newbie
Activity: 20
Merit: 0
July 31, 2015, 10:39:31 PM
I'm able to stop gambling too, simply because I'm a tight wad and once I loose about .2 btc I'm done lol
legendary
Activity: 1484
Merit: 1001
Personal Text Space Not For Sale
July 31, 2015, 10:26:19 PM
Haha, just thought of another one. I was playing dice at a casino and instead of using reddcoin which i normally use to play dice, i set up an auto bet of 0.375 btc at 11%, thankfully lost only 0.75 btc in this process. The good news is that i had earned about 8 btc from the same casino, so it was just that my profits came down Smiley.

If you did not stop the auto bet... The outcome is unimaginable - Double the 8 BTC or lose all of them.
I hope you dont mind sharing the dice site here, do you?

Lol, it stopped only because i did not have adequate balance left. I do not leave more than 1 BTC over at any gambling site because i know i am prone to either lose it this way or to go degen sometimes, i had WD the remaining. I have learned to control myself now though! The site i played at was Fortunejack. I did write to them about it explaining i would never bet at 11% coz i am usually a conservative gambler (whatever that is) but i got the canned reply as usual saying they can do nothing about it because it was a mistake on my end. I have since started investing and there is no better way to earn bitcoin than this, i am highly disciplined when it comes to investments! Cheesy

Good that you withdraw your earning before auto bet enabled. Good to hear that you have the ability to stop gambling. I wish you good in investment field. Smiley.
legendary
Activity: 1022
Merit: 1005
July 31, 2015, 10:22:53 PM
Haha, just thought of another one. I was playing dice at a casino and instead of using reddcoin which i normally use to play dice, i set up an auto bet of 0.375 btc at 11%, thankfully lost only 0.75 btc in this process. The good news is that i had earned about 8 btc from the same casino, so it was just that my profits came down Smiley.

If you did not stop the auto bet... The outcome is unimaginable - Double the 8 BTC or lose all of them.
I hope you dont mind sharing the dice site here, do you?

Lol, it stopped only because i did not have adequate balance left. I do not leave more than 1 BTC over at any gambling site because i know i am prone to either lose it this way or to go degen sometimes, i had WD the remaining. I have learned to control myself now though! The site i played at was Fortunejack. I did write to them about it explaining i would never bet at 11% coz i am usually a conservative gambler (whatever that is) but i got the canned reply as usual saying they can do nothing about it because it was a mistake on my end. I have since started investing and there is no better way to earn bitcoin than this, i am highly disciplined when it comes to investments! Cheesy
legendary
Activity: 1484
Merit: 1001
Personal Text Space Not For Sale
July 31, 2015, 10:15:49 PM
Haha, just thought of another one. I was playing dice at a casino and instead of using reddcoin which i normally use to play dice, i set up an auto bet of 0.375 btc at 11%, thankfully lost only 0.75 btc in this process. The good news is that i had earned about 8 btc from the same casino, so it was just that my profits came down Smiley.

If you did not stop the auto bet... The outcome is unimaginable - Double the 8 BTC or lose all of them.
I hope you dont mind sharing the dice site here, do you?
legendary
Activity: 1022
Merit: 1005
July 31, 2015, 10:14:02 PM
Haha, just thought of another one. I was playing dice at a casino and instead of using reddcoin which i normally use to play dice, i set up an auto bet of 0.375 btc at 11%, thankfully lost only 0.75 btc in this process. The good news is that i had earned about 8 btc from the same casino, so it was just that my profits came down Smiley.
legendary
Activity: 1484
Merit: 1001
Personal Text Space Not For Sale
July 31, 2015, 10:09:13 PM
Sending to the wrong address, around 1.1 BTC.

I think I had the private keys for the address, but I still can't find them

1.1 BTC might worth a lot in the future. Never ever sell the computer you believe have the address private key. Continue searching for them when you're free.

I got a tip of BTC0.75, was going to sell them the next day.
But the worst mistake I did was, I sent them to PD to play to make it up to 1 BTC, and lost all.  Sad

Ahh. That hurt. I never have 1 BTC in my wallet before - not even 0.75 BTC.

mistake I did was my bitcoin invest into promising PTC sites bitcoin that much, but in the end the site to be a scam  Undecided

I've been into PTC websites myself (as a member, not as an owner) before my Bitcoin time. However, I was able to build a nice amount of (active) referals on some of them and that was quite a nice period for me, untill some (and the biggest) websites simply stopped / stopped paying the members.. I probably lost hundreds on dollars on these websites, as I invested quite a lot in these websites - you were able to buy "referalpacks".

Since then, I've not been into any PTC website anymore. Also not related to Bitcoin. I just don't think it's worth your time and efforts - which is the same as faucets.

- -

I did not really lost much BTC gambling. In fact, I just won 0.067 BTC. I think I'm more into such kinds of gambling instead of dice games Wink.

There's lot of PTC site which pay in Bitcoin. However, I'm only using one of them - PaidVerts. PTC wont make you rich but they pay better than normal faucet do.

Congrats on your winning of 0.067 BTC. Do not invest more than you can afford to lose. Smiley.
legendary
Activity: 1050
Merit: 1007
Live like there is no tomorrow!
July 31, 2015, 05:21:53 PM
mistake I did was my bitcoin invest into promising PTC sites bitcoin that much, but in the end the site to be a scam  Undecided

I've been into PTC websites myself (as a member, not as an owner) before my Bitcoin time. However, I was able to build a nice amount of (active) referals on some of them and that was quite a nice period for me, untill some (and the biggest) websites simply stopped / stopped paying the members.. I probably lost hundreds on dollars on these websites, as I invested quite a lot in these websites - you were able to buy "referalpacks".

Since then, I've not been into any PTC website anymore. Also not related to Bitcoin. I just don't think it's worth your time and efforts - which is the same as faucets.

- -

I did not really lost much BTC gambling. In fact, I just won 0.067 BTC. I think I'm more into such kinds of gambling instead of dice games Wink.
member
Activity: 98
Merit: 10
July 31, 2015, 02:12:36 PM
mistake I did was my bitcoin invest into promising PTC sites bitcoin that much, but in the end the site to be a scam  Undecided
newbie
Activity: 20
Merit: 0
July 31, 2015, 11:49:38 AM
many many mistakes. 1 being selling the 50 btc I had when it was worth $6

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hero member
Activity: 770
Merit: 509
July 31, 2015, 10:58:56 AM
My mistake is getting into bitcoins in the first place.
Over the past couple of years I've invested and built a small mining farm. Overall I made some profit, just a few hundred dollars.
But to think about all the time and effort I spent doing all of that just for a few hundred dollars... It's almost a waste of time!


If you feel that your mistake was getting into bitcoins in the first place, then why are you still here ?
I think that you shouldn't look at it only profit wise. Sure, you made a financial error, but that doesn't mean your next move is going to be bad one as well.
I suggest you re-asses your moves, and don't give up on bitcoin as a whole, judging by a single error you made.

cheers

Bitcoin isn't here to make you rich, it'shere to make you more independant from fraudelent governments and organizations as banks....

Well, people is free to interpret and use Bitcoin anyway they like. If they want to get rich out of it it's as legit as being concerned about the scam of the fiat currencies and wanting to change things.
Im both. I want to get rich off Bitcoin because I deserve it by being a pioneer and getting involved before a lot of other people, and I want to eventually not even need to convert my BTC into fiat because it will be accepted worldwide.
full member
Activity: 196
Merit: 100
July 31, 2015, 10:49:37 AM
Gambled it all away.
thanks primedice
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
July 31, 2015, 10:26:36 AM
I got a tip of BTC0.75, was going to sell them the next day.
But the worst mistake I did was, I sent them to PD to play to make it up to 1 BTC, and lost all.  Sad

0.75bitcoin and you gambled it all?  Shocked That is really a huge amount in my part. I can buy High Specs Android phone here in our country with that price. Smiley
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
July 31, 2015, 08:06:46 AM
My mistake is getting into bitcoins in the first place.
Over the past couple of years I've invested and built a small mining farm. Overall I made some profit, just a few hundred dollars.
But to think about all the time and effort I spent doing all of that just for a few hundred dollars... It's almost a waste of time!


If you feel that your mistake was getting into bitcoins in the first place, then why are you still here ?
I think that you shouldn't look at it only profit wise. Sure, you made a financial error, but that doesn't mean your next move is going to be bad one as well.
I suggest you re-asses your moves, and don't give up on bitcoin as a whole, judging by a single error you made.

cheers

I agree. It might have been an financial error but please look around in the community. There is rarely someone who wasnt hit badly by some loss. And you seems to really have been not the hardest loss.

The thing you should do is seeing it as a learning process. You know are smarter than before and you earning bitcoins gets more likely now.
legendary
Activity: 2618
Merit: 1105
July 31, 2015, 06:02:14 AM
I got a tip of BTC0.75, was going to sell them the next day.
But the worst mistake I did was, I sent them to PD to play to make it up to 1 BTC, and lost all.  Sad
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