Now we're at $9846, soon at $4000. Don't believe? Just wait till the real fear starts kicking in, we're really close to that now.
What's the problem? People make decisions based on specific situations and time frames, and as you know, situations and sentiment can change in an instant here. As bad as the market may look right now, we can be up for an increase again tomorrow, or perhaps even later today. This correction attracts capital, and this capital will soon be ready to flow into this market. And to add; people will not continue to keep selling as they will soon realize that it's just a stupid practice.
no....btc>>>better than paper money
I was talking about profit and losses on paper, and not about paper money. Profit or losses on paper occur when you buy 1BTC at a certain price, and you'll see an increase or decline afterwards. In reality you haven't lost or gained anything because you still have your 1BTC, but if you purely look at the value aspect, it is then considered to be an on paper result.