In retrospect. Could have also dropped to $300 for years, forcing him to eat his shoes.

As long as you don't think this means you have a magic gift for picking winners you will be ok.

Meantime 7300 this morning. Time to get going to work...

C

This is an interesting problem. Not quite sure what you should do other than buy a 70 foot tall grain silo, fill it with gold, and go swimming like scrooge McDuck.

7250+ and 600 for Bitcrap cash and 55 for litecoin. Not a bad way to go to sleep.

And glad I bought the Bitcoin Porsche earlier, it's keeping me from Lambos.

Hm. Lambos are way cheaper than I thought. Wonder if I can fit in one.

Hm.

So I was thinking this morning. And I realized one way to boost the price of bitcoin is to increase overall demand in the general populace. Then it hit me:

How about offering a service where when a loved one dies you can buy a bitcoin for the ferryman across the river Styx? The bitcoin is purchased, then on the day of the funeral the key for the bitcoin is burned, thus sending it to the afterlife.

Hey, it's like being buried with your grave goods and it increases the value of remaining bitcoins.

Aaaand we're back at 7k. Ok, things to do, things to do.....

Just woke up *yawn*.  Wow, looks like a good night, 7300 is just amazing. I think this was the best quote for the night:

 Lambo's should be a small part of every diversified portfolio.

Indeed....

So you're saying you want me to sell a bit of my stash for another rally :-)?

He'll be back. Meantime 6800 seems just so low and boring right now....

That could be a good poll question: What kind of car are you going to get:

Schwinn
Trabant
Yugo
Toyota Prius
Leaf
Lexus
Classic Porsche
Tesla
New Porsche
Ferrari
Lambo
McLarin
Yugo

Myself I'm debating a Maybach. Had a friend who invested some of his dot.com winnings in a Maybach. Later when he was homeless he lived in the thing and STILL lived better than I.

10,000
20,000
30,000
40,000
50,000
.....

Resist! Eat your cellphone, that will keep you from selling for at least 8 hours.

Tell that to Voyager.

Oh people said that during the bubble too. They called it the new economy. If we ever get together I'll tell you funny stories.

That said I remember afterwards when we measured AAPL stock in BTUs. In other words, how many BTUs of heat it would generate if you burned it.

AAPL is worth a tad bit more now. Thus it is with bitcoin IMO.

This is fascinating to watch: People are getting seriously rich-ish on this forum (everyone has their own definition of that, but it is what it is) and it's fun to read about how people handle it. From my dot.com days I remember these bits:

1) NEVER CONFUSE LUCK WITH SKILL
2) Some people will cash out for hookers and blow
3) Some people will not cash out for hookers and blow.

Fun to watch.(1) is critical, I can't tell you how many dot.com millionaires thought it was because of their super l33t skillz and founded companies that ate all their money and then some. Never confuse luck with skill.

Sell some coin and buy:

1) Something to help you sleep
2) A high quality hooker to blow you every night to sleep.

Seriously, it helps.

Here we are, 6666.6

Yaay!

Yeah, this is getting nutty. Waking up to almost 6600 bitcoin is a bit odd.

As for spending vs. saving.... Maybe buy a few little dreams to enjoy in the now (remember life is short, and dreams deferred till next year are dreams that you can only enjoy for one less year in your life) and space those out while the back end money continues to grow.

But yeah, I think most people have a sell point ($300, $650, $1,000, $5,000) where they dump. Sometimes it goes up, sometimes it crashes. Then other people buy in at that level and ride the next elevator either to the sky or to the bottom of the sea.

Bitcoin... seems weird. Odd that Litecoin is just sitting there...

C

6370+. I was thinking: When it was 1k or so a year ago I couldn't have imagined it would go up by a factor of five.

Now I wonder if it will go up by another factor of 5 to 30k. Not unbelievable.

C

Boring....

$6200 Bitcoin.

Boring.

Ok.