BITCON... WHY its totally FLAWED

Pumped a lazy AUD $3 grand into Bitcoins this evening via bank transfer via a vendor on Localbitcoins.com. Might as well add some additional Bitcoins, just for added kicks in the wild west of currency :D Even if there is a huge correction, this things things going to rocket during future financial Cyprus type events, IMO.
 
Looks like my graph from a few pages back was not that bad after all!

speculation_BTC.png
 
goldpelican said:
$321 USD. Nucking futz.

Darn Straight! I can't believe I sat on the fence for so f@#'n long. $1 BTC Nah, $5 Nah, $25 Nah, $70 Nah, $110 Nah, $170 Nah, $220 Sh!t I betsa-get-som. :)

I think SS has got to be due now for an actual Bit Coin section?

What about if it's a "Hobby" could go under "Numismatics & Hobbies"?
 
RetardedMonkey said:
Anyone trying to pick the top, or just riding it out?

I tried today at $262USD/BTC on BTC-E, it dipped a little then rocketed back up......ooohhh shittttt...jumped back on the train. It probably cost me $300 or so for my fruitless troubles. I'll sit tight, $1000/BTC will happen I'm sure, even if it takes a couple of years more. It could take weeks.
 
RetardedMonkey said:
Anyone trying to pick the top, or just riding it out?

I sold my entire trading parcel at $320 on Gox.

Hoping for $281 rebuy.

I just trade for more BTC now, don't want to cash out.
 
Sold some at $207, $232, $264, $297. Accidentally sold a bunch at ~$300 during dinner by leaving a sell trade open. Given up trying to pick a top - but the funny thing is, even as I'm selling, the value of my remaining BTC is hovering around the same fiat value, and there's a pile of fiat building up alongside of it.

Target is still parity with gold though - every time I sold in the last 48 hours, I was expecting to be able to buy back in, and only managed a few times.
 
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