What are the biggest mistakes you've done with Bitcoin?

[chronocoin]

Not being Satoshi

[pangu]

Not having startet with bitcoin a few month/years ago..

[glendall]

Stopping my bitcoin miners back in 2010 because of a port conflict with Vmware. 

Oh god man     This one would drive me to the bottle !

[Peleus]

Pulling out my buy order @ $55 because I thought it would be dropping lower.

[charliec]

First biggest mistake:

In June 2011, I was extremely excited to get involved with bitcoin.  I read up on it for several days. 

Posted my "newbie" post.  (which was "Charlie here. Fascinated by this concept.  Like any other latecomer, wishing I had looked into this last year when I first heard about it. Oh well. 

I see HUGE potential still as legitimacy and credibility further develops over time.")

Bought $100 in bitcoins a couple days later.  Left them on mybitcoin overnight.  Woke up to no bitcoins.

Was so soured by that experience that I stopped paying any attention.

Second biggest mistake:

Started checking "bitcoinwatch.com" again in January (mainly because I quit reddit.com cold turkey... so needed some other sites to check!)  Watched as prices slowly started to go up.  Each day a little more, then each day a LOT more.

Finally got back in just ahead of the big spike.  Glad I did!  (Just wish it was sooner!)

[Paul89273]

3.) Not selling a single coin in the 2011 bubble.
To buy back at lower prices. Hmm, this one seems to remind me of something............

I can just imagine a this post in six months with people say "If *only* I sold at $134!!" with the price being ~$10

Do you guys think the Bitcoin price is in a bubble atm, what price do you think it'll settle at in 6 months?

Have a few more questions, great thread BTW some great stories in here.

Do you guys trust Mt Gox? How many times have they been hacked in total? Is any exchange with 2 step verification secure?

Does anyone have any experiences with Bitcoin.de the german site and what are your experiences with them?

I'm very new to all this, only been reading up on it this past month. My biggest regret so far is not trusting my gut instinct, the other day when bitcoin went down to around $50 I was thinking about buying in big but decided not to, wish I had of road that wave up to $90 and sold. I still think the best strategy is to buy and hold assuming you buy in the dips.

I think things are going to get more difficult as more bankers, hedge funds and HTFers get involved in trading Bitcoins. Shame really because it defeats the original purpose of Bitcoins BUT with some of the new sites for shorting trades etc it may bring more stability to the system in the long run.

[QuestionAuthority]

Bought cupcakes at a store in San Fran one afternoon and put them in the fridge only to wake up the next morning and check the exchange rate to find out my cupcakes were now worth $25 each. Crap!

[MegaBrutal]

I've sent all my funds from Mt.Gox to Bitcoin-24.com, just a few hours before it got closed.
I still believe that ~11,5 BTC would have been the start of a brighter future of mine.

[MysteryMiner]

1. Purchased large bag of weed right after July 2011 price crash.
2. Sold bitcoins when price was 9 EUR to buy hard drive and RAM for computer who died completely 2 weeks later while the items were still in transit.
3. Lost 7 BTC on Satoshi Dicke

[Hei_]

bought an god damn 60days wow time card for 188BTC

when i remember right price was approx  0,12$usd per coin that day

[julius]

Bump.

[davidgdg]

Lost about 200 BTC on the GLBSE fiasco. Some to Pirate scam bonds, some to bonds that disappeared when GLBSE disappeared, and some just because ASICS destroyed the returns. Now strictly buy and hold (except for the odd small purchase to encourage vendors).

[Aseras]

traded 1300 btc for a new computer worth about $800

selling 5000 btc when the price hit $1

lost a LOT in pirate scheme

didnt buy 10 avalon bacth1 or batch 2

[hathmill]

Used a non-standard client and lost about one coin in fee.

[IncreaseMyT]

My biggest mistake was notting getting into mining or at least mine on my PC back when I first ran across Bitcoin which was early 2011.  I loaded the mining program and starting mining. I read some article saying it could hurt my mac so I turned it off.

It was a one night thing and I was starting a new business at the time so I just forgot about it.

I wonder how many coins I could have mined back then on my mac......................

[TheButterZone]

Left <2 BTC on BitFloor on a limit sell before the site got hacked.

[broolstoryco]

biggest mistake was not getting into it in 2010/2011 when I first heard of it. I remember brushing it of as some geek nonsense. yeesh..

[fattypig]

Thinking that bitcoin is a scam when it is really cheap (about 1$) without really trying to understand it. Years later when bitcoin become 100$, then only I start to do research and read on it

[jeppe]

bought asics when they arrived they were worth only 1/3 of the price i payed and sold them for a loss of 3 BTC :/

[OneMoreHuman]

Using btc.sx, I leverage traded 2 BTC's.
It was that night that Baidu announced their acceptance of Bitcoin.
The price dropped a few dollars before it continued climbing.
I didn't realize that if you hit the stop price, you lose ALL of your investment.
I still haven't recovered that back.