Quote from: 7Priest7 on December 11, 2013, 02:11:02 AM

Quote from: kireinaha on December 11, 2013, 02:07:27 AM

Hate to break it to you, but we're all gambling on the future of bitcoin. It could crash to $1 tomorrow on some type of devastating news, and a lot of people would lose a lot of money.

Not true, I have mined/earned all my BTC.
I lose nothing if BTC plummets.
I use the electricity that comes free with my rent.

I hope BTC flourishes into a useable currency,
but if it doesn't I will not lose anything.

There's something to be said of the opportunity cost. I'm not saying this will necessarily happen, but it's definitely a possibility and anyone who holds and holds without ever selling would in essence "lose" money in such a case. Not criticizing your strategy, but just saying it could happen and we're all essentially gambling on the future of bitcoin.