YEP... seems kind of strange, and mostly difficult to believe ... because if you gamble, the odds are stacked against you and more likely than NOT, you are going to lose most, if NOT all, of what BTC holdings you have.

You forgot about 5) working for either fiat or BTC and converting that paid work to BTC.

Like I said, I do my trading manually - therefore, I am currently selling BTC as the price goes up, and I am currently buying BTC as the price goes down. 

My system presumes accumulation of BTC and presumes that BTC prices are inevitably going to go up and continue to go up, even though there will be volatility along the way that will allow me to continue to build my BTC stash during those periods of up and down (which seems inevitable in Bitcoinlandia).

I think that part of the reason that my system is hedged for success, so long as BTC prices continue to go up, is because I am only trading a small portion of my total BTC holdings in order that the total value of my BTC holdings will go up faster than I am selling any of it off, so even if the price does NOT come back down, the portfolio is still profitable because I am selling BTC along the way for more than I bought them... and I am ONLY selling those coins that are in the black (rather than some coins that I have that are in the red).   

Therefore, my investment seems to be covered either way, so long as in the long term the prices go up. and if the prices come back down, then I have cash in my BTC investment account that is designated and allocated for reinvestment in case of such eventualities. 

One of the difficulties with getting into a position to be able to implement my particular plan (or some variation of such) is that I have built a sufficient portion of my BTC stash that I am able to trade and the costs of those BTC are sufficiently below my selling prices.  I also have projected into my plan to completely cash out some portions of the holdings in the event that BTC totally fails, then I will have taken some of those profits off of the table  - hopefully getting to the point, some day, as some BTC investors have achieved, that all of my BTC investment is based on profits and to have withdrawn all of the initial investment principle.

The article, in no way suggests price movement in either direction, it only describes some of the current price dynamics and how we got here, which I believe is a fairly safe assessment.

Also, I believe that part of the point of my earlier post was to highlight the fairly ridiculous premise of earlier assertion that the poster should wait a week in order to decide what to do about his/her bitcoin...

Waiting until next week is all fine and dandy if this week ends up being an uneventful week in bitcoinlandia and full of consolidation-like price activities.

On the other hand, merely because there seems to have been a couple days gravitation towards lower $260s does NOT signify that BTC prices are going to stay in this range throughout this week.

It is possible, that we could experience some consolidation while bears and bulls reassess their positions - yet sometimes it could take only a few extra active and motivated whales to cause the volume to once again increase and the price to move - either way..... especially during the week, when there is a real decent ability to quickly put some fiat onto various exchanges.

Even if it is wishful thinking, is there a link for such article? 

One question would be if it is based on actual facts and another thing is if it is a projection.

If it is a projection, then the question may be what needs to happen in order for the projection to occur.

For example, if pigs would have to fly in order for the projection to occur, then it is NOT very likely to occur.   On the other hand, if it only required some kind of realistic and probable events to occur (such as BTC price reaching $300 and/or transactions per day reaching 300 thousand and/or hash rate reaching blah blah blah,  then it would become more likely that the outcome is feasible and or reasonable to occur). 

ON the other hand, I know I am running out of hands, when the outcome relies on the behavior of other humans, then it becomes more of a political question rather than a question of math or inevitability (because humans are NOT always very predictable in their conduct, especially when they are either attempting to be controlled or when they are told that the outcome is inevitable, they may do the opposite, just to prove the point).

I thought that this thread was for speculation?

hahahahahaha   

Below  is a decent short article summarizing the current BTC price dynamics and giving a summary assessment regarding whether BTC prices will rise in the near future to meet a potential $300 price point. 




http://www.newsbtc.com/2015/10/19/bitcoin-price-technical-analysis-headed-for-300/


By the way, waiting until next week  doesn't help you if there is a price movement this week. ..... hahahahahahahahahahahaha

Your days are likely numbered, so enjoy it while you can...... but your psychological problems are most likely going to cause you to act rashly and to make some stupid-ass posts which will shorten your tenure here.

hahahahahahahaha

Why would any commercial business suggest that you do NOT publish their information... especially if you are choosing to do it for free. 

a trading bot also has to be programmed (or set with the proper parameters) in order to NOT fuck things up when trading indicators are acting contrary to expectations (or contrary to profitability). 

I have a really good system working for me, right now (using fairly small amounts of money), yet I am doing it all manually so it is very time intensive and probably is taking too much time.. in terms of its profitability.  Nonetheless, I am expecting that as my profits continue to increase, then my amounts traded are also going to increase (all of this presuming that BTC prices are going up, in the long run)

You seem a bit self absorbed.....

There are likely better ways to contribute to this conversation while making your points more broadly relevant to the topic of the thread, no?

Yep.   

I thought that the low volume was merely a factor of the weekend - and maybe there is some truth to that; however, some people are likely getting disappointed - especially with such low volume and then feeling that they are paying 1-2% more because of the price there which is also affected by such low volume.

It may take several more weeks to bring up the volume to some reasonable level.

There is a link next to each of them, so surely, the charts show a snapshot of different exchanges.

My BTC payment came through for 32 posts, which seems to have been a pretty accurate calculation of my weekly posts between the time of joining up and up until the time of the payment.

Surely, it is NOT a lot of pay;however, it is kind of nice towards bringing down my average costs per BTC, since it is considered as $0 spent for the BTC, and maybe I would have been posting a similar quantity of posts, anyhow... so NOT really much if any extra work in order to receive the payment.

Regarding price and walls, maybe we are going to remain in this territory of $255 to $275 for a few days.

Actually, since the weekend mostly contained retracement, maybe there will be some movement in one direction or the other by NO later than Wednesday... I remain fairly confident that the short term price direction will be upward -yet I am retaining some doubts about whether prices can go above or remain above $300 prior to the Fed auction. 

Thoughts? 

Where we going this week and in the coming 2.5 weeks prior to the Fed auction?

That's a good point, fatman!!! 

Each of us should be prepared to defend our arguments with logic and empirical examples - rather than merely criticizing the facts and/or logic of others.

In this regard, it is muc easier to criticize the arguments of others than to set forth a decent basis for your own arguments.

furthermore, sometimes, we just are NOT going to agree on some of the points, and in that regard, sometimes, it is a good thing to just accept that there are differences of opinions without necessarily bashing your opponent.

Personally, I am NOT very attached to either side of the outcome so long as there is a decent amount of input from a variety of stakeholders, while at the same time some employment of compromises without rushing into directions that could be detrimentally irreversible. 

The Bitcoin protocol is likely to survive and even thrive, despite variations of view and even some high level of passion expressed on the various sides of the discussion.

So NOW you are abandoning ship?  That's a little bit crazy.

I doubt that this lack of a clear direction regarding BTC's scalability is going to be as detrimental to either its long-term or short-term success as you seem to be making it out to be.

Yes, you may be able to profit with some of the volatility of various other investments, yet BTC seems to remain a good long-term and fairly secure vehicle to place a decent amount of capital, currently.  Also there are decent upside potentials with BTC and even considerable likelihood that we could experience a sudden and unannounced doubling or tripling of value with little to NO notice and thereafter NO return to previous price levels....

So ultimately, for your own good, I hope you are NOT being too rash with your seemingly emotional decision to diversify (and/or as you put it "divest" out of BTC).

Fees on Coinbase exchange is .25%, right? 

Have you considered Uphold (formerly known as Bitreserve).  There's NO fees, once you become a verified member, which is NOT too difficult to achieve at least if you have a bank account or an address.

Unless you bought at $1000, that's pretty low to be selling "all" of your btc

Yes, I think that you will be proved wrong in your pessimism within a few week - however, since I really do NOT claim to know too much about the short-term price prospects of BTC, it could take longer to play out.. and it is possible that we won't break $300 this time - but I am placing the odds to be pretty decent (better than 50/50) that BTC prices will break $300 within the next 8 weeks, and likely stay above $300 within the next 6-12 months - and surely, fairly sustainable prices in the $500s and greater have a decent chance too within the next 12 months.