Quote from: wobber on October 04, 2014, 04:40:28 PM

Quote from: lebing on October 04, 2014, 04:39:47 PM

Nope. Yawn. Hodling cause I have been through this before 4x.

What if this time is different and bitcoin is dying for sure?

then he will be the last bag holder and GAME OVER, all his money gone to some one dumped before he does

Quote from: riiiiising on October 04, 2014, 04:42:27 PM

Good call! Once Manbearpigwhale gets the weak hands to sell, we will be going to the moon on our rock ship!

I have never seen such a low sentiment, this means a reversal is coming. And the further we fall, the quicker the slingshot back up will be (this was articulated by Risto)

As long as you keep holding, you can't lose. you only lose when you sell for worthless paper money.

Quote from: ravenjt on October 03, 2014, 02:42:22 PM

Quote from: JimboToronto on October 03, 2014, 02:33:50 PM

You only lose when you sell for less than you paid.

Nobody has ever lost money by holding.

It is incredible how many people on this forum have convinced themselves that this is the case.

Fundamentally, the value of the assets we hold is the amount of utility they can provide, in terms of consumption goods.
Consumer price inflation measures the buying power of fiat.
The current BTC/USD price, adjusted for consumer price inflation (which is tiny compared to BTC/USD volatility), tells you the buying power of BTC.
That buying power has crashed.
You definitely have made a loss, even if you haven't actually sold.