evolve, you for some reason forget, again, that those "bag holders" from 2 years ago can now close their position at (almost) no loss if they so desire. 2 years is a medium term investment. And also, according to wikipedia, The term bagholder is an informal slang term used in U.S. financial markets to refer to the shareholders left holding shares of worthless stocks. Who is holding worthless anything here?
The term "bag holders" will be applicable for those holding bags of fiat currency after "cashing out" their stash of 58 millibits at 432,512.36 USD/BTC.
+1