Post
Topic
Board Bitcoin Discussion
Re: Sadness
by
flipstyle
on 15/01/2015, 23:14:49 UTC
how much have you lost?
You don't lose till you sell.
No, that's delusional. You have to value your assets at market.

Incorrect.

If you spend $1000 on 1 Bitcoin, you have 1 Bitcoin no matter what the market price is.  That is what you bought, and you haven't lost it as long as you have that 1 Bitcoin.

If you sell that Bitcoin for $500, then you have 0 Bitcoin and $500 instead of $1000.  Then you have $500 less than you started with, and nothing else.

But you already lost the $1000 as soon as you bought, and you gained 1 Bitcoin.  


> assuming the price will ever recover to the same levels you bought in at
> assuming you'll have the sanity to actually sell when/if that point ever comes, seeing as many of you didn't sell the first time around when you should have




So riddle me this dillusional HODLERS...if this is nothing more than a long term 'belief' in technology, but you aren't even using the technology, and just codling it like a baby in cold storage, then what is the point of you even having bitcoin?  I thought the entire purpose was for its usage.  That's not using it.

And oh wait, it gets better! To actually use it, means its purchasing power is still tied directly to fiat...meaning you're taking a loss at current market levels.  So in essence, what you're really waiting for is 'TO DA MOON,' meaning some unrealistic messiah shill levels of like "$100,000 per coin...I guarantee it!!!!!"




TL;DR:

ITT: shill 'investors' hiding behind a guise of belief in technology and 'changin da system yo!'

Good luck with that pipe dream lolllllllllll.