Quote from: keelba on April 03, 2014, 01:04:28 PM

How much does one get PAID to write such stuff? Seriously.

Now on to the notion that anyone lost money. It is this kind of thinking that is seriously wrong with people in general these days and the OP is using this same mentality as propaganda. It's like when the housing bubble collapsed and people complained they "lost money". You only lose money when you sell. Otherwise, you need to think of it as, "I bought a house and I own 100% of that house. The value has dropped slightly but I still own 100% of that house." Housing prices are going back up and anyone who stayed in their home is now that much closer to paying off their original mortgage, which should have been the intent of every home buyer. Everyone else who bankrupted or walked away from their mortgages has to deal with the consequences now but they want to blame others for them buying something they could not afford in the first place.

Ahh, but that's it. They bought a home they could not afford but justified it by thinking the price was going to continue going up and they would be handsomely rewarded for their gamble. When it didn't work out that way, and they got to the point where they could no longer afford to make the payments, they blamed everyone else. They did the same thing with Bitcoin. These same types of people spent dollars they could not afford to lose then blamed everyone else when their gamble didn't pay off. If you bought at $1,200 and are still hodling then you likely bought them as an investment and I need to point out to you that at this point you have lost NOTHING. You still own the same number of bitcoins you had when you started. Now if everyone in the world stops using Bitcoin, then I'd say you lost money. Until then, keep calm and hodl on.

Good point about 'investors' blaming everyone else for their lack of research. On bitcoin though I notice very few complainers from bitcoin investors. Most of the complaints seem to come from those that have hated bitcoin from the get go. I suspect many of these just regret that they didn't get in when they first heard about it and so are continuing to justify their position.

The whole concept of buy low/sell high is doing just that. But 'dumb money' tends to high on the trend (high by the time they here of it) and panic on the first correction. Thus because they did not actual research they have no confidence and end up buying high and selling low. They blaming everyone else for their loses.

But if it weren't for those fool hearty (greedy and lazy) souls the rest of us would make a lot less money.