That would be a gamble. Making a positive news feel negative by manipulated first reaction and then hope that there'll be a stampede. Very well executed if true. Besides in China you really have to have the coins to cause anything like that. Other excahnges followed like sheep...

A) No crack-down happening, so the factual content of the news is not negative, even to the opposite.

B) Changes in customer base and esp. the number of coins do not happen so fast.

C) I think the support in $800 held very well, and am not too concerned about it being broken when the pigs wake up and decide to cash out their coins in the following hours. The midterm you don't ever know about the Chinese - a bear market there will put a dampener to growth here (as selling pressure makes spread go negative and coins flow back to the west, dampening any rally attempt).

D) December trendtarget is only at $400 so it is entirely possible to retrace all the way there. It just does not feel like that to me now.

E) The situation is both a good time to sell for those who have contemplated selling + a good time to buy for those who are adding up. Let the trades continue!

Bitcoinity for china is  lagging, actual bottom 4750, now 4900 ($803)

I have received 180mBTC from an anonymous donor to be used in the same manner.

The crash from 266->50 was more than 75%, so I think the magnitude will decrease but -75% remains very much of a possibility (after a real rally of course).

For now, I think $0.8 is the floor so I adviced the newcomers to buy because they will not likely gain much by waiting.

I will attend to this matter asap. Thank you.

I just arranged the tea leaves such that the probability of a crash to anything below $800 is so small that it makes more sense to buy in now with the funds that were speculatively sold. So in total I bought about BTC225 this week, the speculative position was never so big really. So now I'm fine if it goes up or stays, but even if the drop to $500 happens, I get to buy back + keep the castle in Estonia. Not bad, except the part to buy back the short at higher prices. And even that I played solidly, bitcoin was stronger, but hate to admit that trolls were right.

Trolls: you realize how many millions you have lost by your bad decision to not buy bitcoin with strong funds when you first saw it??

I also think that since litecoins are a ridiculous noninnovation, BTC people should really stop being so smug and move on to mBTC.

It is a shame to be beaten by ltc!

"Wealth that is earned, increases happiness of the earner. Wealth that is received, does not."

Where is your buy target? $500?

If so, it is good to remember that $500 was first time ever breached in any exchange 17 days ago. That is so long that surely it will not happen ever again (Yes I know everybody was considering it an insanely high price back then, as well as $400 a few days before)

My decision to go back to the bull camp was after the last weekend crash, because it seems that sentiment could not be damaged by whatever crooked tricks some pulled from their hats and wallets, and the most the price could crash was -30%, and China barely budged.

The article may be right at most in the blind chicken -level, because he seems to have no understanding in bitcoin fundamentals and therefore all his data is wrong.

I've been wondering whether satoshi actually makes most sense to most of the people in the world. Make the transaction once and for all.

Interesting observation is that 1 lakh satoshi = 1 mBTC

1 bitcoin is already well known and will continue to be the unit of account of the rich.

For those aiming to get by, 1 satoshi will be worth about $0.01-$0.10 soon, and is a very practical unit, as well as the multiples k and M. No need to deal with decimals.

Cool! I have a website registered on my name, but the blog format imho is not as good as a forum. I will perhaps still put it online in comments-disabled mode where I (my editor) polish the threads/articles from this forum in the easily digestible mode. I mean, this forum is very organic food but therefore contains also joints, sinews, bones and whatnot.

In addition is my thinktank group, which has several interested people but is not organized yet.

Also my supernode has been disabled since May, but when that comes back online, oh boy 

Ridiculous to even think that the Hunts were instrumental in anything of substance.

Trolls try to extract the silver short squeeze masterplan from me. I am not about to tell it, so I had to ignore the trolls.

Is there any way to unsubscribe the thread?

$1.4/mBTC.

There is very much logic in my writings, but in order to follow it, you have to spend 30 minutes per day just by following and thinking about me. Because most people are unwilling to do it, they only get a part of the message, and it is dangerous to act upon incomplete logic.

Just haven't found a way to do it any other way  Even if I write very perfect guides on all things Bitcoin, I cannot make people follow every aspect of them, and the result will be in their hand anyway.

If you still want to support your donation address, how about sending a good sum of money to yourself through intermediaries?

It is not that much, really. I think give it to someone trustable who has the need and ability to put the money in good use for the benefit of people in his immediate neighborhood (however you call it). If he is personally not the most needy, he should consider who is and give the money or supplies.

I don't need thank you pictures, but hundreds of people read this thread. So some of them may be in the position to give a few mBTC after hearing the report that the initial donation reached the recipient and has been converted to roof tiles, pots and pans, or food

I am getting interested! Of course it is more hassle for the donor, but also at least 10x more timely help for the needy!

What does he gain by not revealing his identity here (if he is a public person anyway)?

Sorry for me, because the flashcrash buyback was about $820, and I sold at $672, therefore lost money on that trade irrevocably.

Sorry for those who do not understand that a strong sell with bitcoin means to sell 30% of your holdings and a weak sell is 10% (as opposed to stocks where sell means sell all, and strong sell is go short).