Topic: Your Worst/Unluckiest noob mistake with BTC - page 3. (Read 3830 times)
Formatting a harddrive with a 20BTC wallet on it
GPU mining when it first became available while at the same time writing bitcoin off as neat little experiment.
The wallet.dat has been reformatted down at least three separate times.
The wallet.dat has been reformatted down at least three separate times.
I think I'm done with noob mistakes. 
Worst newbie mistake ever.
Bought in at 268 cause bought with a local guy. Immediately after the price dropped. Convinced my friend to buy also. We each dropped $6000 USD on btc at that price point.
people who bought in at the peak of the $30 bubble are doing pretty well right now, i wouldn't worry about it too much.
Bought 1 BTC at 165$ just before the recent drop.
Played SatoshiDice without really knowing what I was doing, then lost almost 0.2 BTC. Had to play again and again and again (thanks stupid martingale strategy) to recover my loss, and finally won my bets back + 0.001 BTC.
And lastly, I installed a Google Chrome extension that would trade for me on Mt.Gox to automatically make some profit (yes, I really thought it could work), lost 0.2 BTC, bought back at current market price, forgot about the fees, waited for the price to get low again, and finally made 0.01 BTC of profit with all those transactions.
I think I'm done with noob mistakes.
Played SatoshiDice without really knowing what I was doing, then lost almost 0.2 BTC. Had to play again and again and again (thanks stupid martingale strategy) to recover my loss, and finally won my bets back + 0.001 BTC.
And lastly, I installed a Google Chrome extension that would trade for me on Mt.Gox to automatically make some profit (yes, I really thought it could work), lost 0.2 BTC, bought back at current market price, forgot about the fees, waited for the price to get low again, and finally made 0.01 BTC of profit with all those transactions.
I think I'm done with noob mistakes.
Bought in at 268 cause bought with a local guy. Immediately after the price dropped. Convinced my friend to buy also. We each dropped $6000 USD on btc at that price point.
This is not a mistake as long as you don't sell.
Bought in at 268 cause bought with a local guy. Immediately after the price dropped. Convinced my friend to buy also. We each dropped $6000 USD on btc at that price point.
why don't you guys pay him a visit?
i don't see whats holding you back.
i would hunt him down for far less.
i don't see whats holding you back.
i would hunt him down for far less.
Many reasons. For one I live very far away.
I can offer you 50% of every Bitcoin you recover* for me and am completely certain many other will do too. Interested?
* For clarity: I am not asking you to break any laws and am therefore not liable if you choose to do so on your own accord.
Sweet Jesus.
It'd be worth your while finding the guy and getting them back or offering a bounty of half your recovered coins to someone? Heck, why not create a thread and offer that bounty here. I'm sure someone looking for up to 3000BTC would be happy to do it.
We have tried that offering significantly more than 50% (for either Trendon Shavers or Sam J Theofanopoulos). No-one bites. If you are interested I'm 100% certain we can come to an arrangement.
Finding him is probably the easiest part.
Getting the Bitcoins out of him legally might be more difficult.
They have both been found. We know for certain Hashking (Sam) still owns a lot of Bitcoins (he recently sold all the HW that was collateral for our loans on the forum under an alias). His data is:
Personal Information:
RESIDENCE:
SAM THEOFANOPOULOS
9344 W VALLEY FARM DR
FRANKFORT, IL 60423-6505
BUSINESS:
Real People Realty / South & West Suburbs (More)
Sam Theofanopoulos
7262 W Benton Dr
Frankfort, IL 60423
815-469-7449
708-822-4450 cell phone
If you cannot find Pirate you should learn to use the search function
why don't you guys pay him a visit?
i don't see whats holding you back.
i would hunt him down for far less.
Don't forget to take your $5 wrench
[insert relevant xkcd comic]
Sweet Jesus.
It'd be worth your while finding the guy and getting them back or offering a bounty of half your recovered coins to someone? Heck, why not create a thread and offer that bounty here. I'm sure someone looking for up to 3000BTC would be happy to do it.
We have tried that offering significantly more than 50% (for either Trendon Shavers or Sam J Theofanopoulos). No-one bites. If you are interested I'm 100% certain we can come to an arrangement.
Finding him is probably the easiest part.
Getting the Bitcoins out of him legally might be more difficult.
They have both been found. We know for certain Hashking (Sam) still owns a lot of Bitcoins (he recently sold all the HW that was collateral for our loans on the forum under an alias). His data is:
Personal Information:
RESIDENCE:
SAM THEOFANOPOULOS
9344 W VALLEY FARM DR
FRANKFORT, IL 60423-6505
BUSINESS:
Real People Realty / South & West Suburbs (More)
Sam Theofanopoulos
7262 W Benton Dr
Frankfort, IL 60423
815-469-7449
708-822-4450 cell phone
If you cannot find Pirate you should learn to use the search function
why don't you guys pay him a visit?
i don't see whats holding you back.
i would hunt him down for far less.
Like so many others on here, I briefly came across Bitcoin mining 3 or so years ago - about the same time I came across Folding. Built and ran a Folding machine for a year or so and didn't bother without building a Mining Rig, as I deemed the power/hardware cost to be too high relative to return (back when people were regularly mining 0.5Bitcoin per day but Bitcoins were worth around $2 - and thought I was doing the world a good deed by Folding). Absolutely kicking myself now that I didn't run a Mining Rig for a few years - would have earnt in the vicinity of 500 Bitcoins since then, give or take = around $50k plus (or $100k plus if I had sold at the right time).
= around $50k plus (or $100k plus if I had sold at the right time). Me? I bought a few coins on MtGox a few weeks ago for $165 and was the second highest bidder before a ~>30% crash. Woops 
Feel free to post pictures worth 1,000 descriptions of 'bad luck'.
Feel free to post pictures worth 1,000 descriptions of 'bad luck'.
i was active in the bitcoin community in 2010... i could have bought bitcoins for like 20 cents each and i wanted too. I didnt buy because getting mt gox funded was soo damn complicated.
if it was simpler to fund mtgox i would be a millionaire right now. Talk about a noob mistake.
Sweet Jesus.
It'd be worth your while finding the guy and getting them back or offering a bounty of half your recovered coins to someone? Heck, why not create a thread and offer that bounty here. I'm sure someone looking for up to 3000BTC would be happy to do it.
We have tried that offering significantly more than 50% (for either Trendon Shavers or Sam J Theofanopoulos). No-one bites. If you are interested I'm 100% certain we can come to an arrangement.
Finding him is probably the easiest part.
Getting the Bitcoins out of him legally might be more difficult.
I had ~400 coins between Pirate@40 and Hashking T-T
~6000 here -.-To have a time machine to go back and kick myself in the balls, I had faith in bitcoin back then I should never have handed them over to anyone (There is a lesson here newbies, If your coins aren't in your wallet, they are not your coins)
I will probably never have near that many again.
-Blinded by greed.
*back to quietly licking my wounds*
Sweet Jesus.
It'd be worth your while finding the guy and getting them back or offering a bounty of half your recovered coins to someone? Heck, why not create a thread and offer that bounty here. I'm sure someone looking for up to 3000BTC would be happy to do it.
We have tried that offering significantly more than 50% (for either Trendon Shavers or Sam J Theofanopoulos). No-one bites. If you are interested I'm 100% certain we can come to an arrangement.
I had ~400 coins between Pirate@40 and Hashking T-T
~6000 here -.-To have a time machine to go back and kick myself in the balls, I had faith in bitcoin back then I should never have handed them over to anyone (There is a lesson here newbies, If your coins aren't in your wallet, they are not your coins)
I will probably never have near that many again.
-Blinded by greed.
*back to quietly licking my wounds*
Sweet Jesus.
It'd be worth your while finding the guy and getting them back or offering a bounty of half your recovered coins to someone? Heck, why not create a thread and offer that bounty here. I'm sure someone looking for up to 3000BTC would be happy to do it.
We have tried that offering significantly more than 50% (for either Trendon Shavers or Sam J Theofanopoulos). No-one bites. If you are interested I'm 100% certain we can come to an arrangement.
I had ~400 coins between Pirate@40 and Hashking T-T
~6000 here -.-To have a time machine to go back and kick myself in the balls, I had faith in bitcoin back then I should never have handed them over to anyone (There is a lesson here newbies, If your coins aren't in your wallet, they are not your coins)
I will probably never have near that many again.
-Blinded by greed.
*back to quietly licking my wounds*
Sweet Jesus.
It'd be worth your while finding the guy and getting them back or offering a bounty of half your recovered coins to someone? Heck, why not create a thread and offer that bounty here. I'm sure someone looking for up to 3000BTC would be happy to do it.
I often succeed in cutting gains but fail to cut loss
biggest mistake is spending the money on mtgox
Sold my 100BTC back when they were worth 5$ each. 
Yeah in that respect I missed out on the boom too. I once had 17,000 BTC but most of them sold for $5.
Sold my 100BTC back when they were worth 5$ each.
Jump to: