This is my main strategy. Those who can control their emotions can exploit the emotional buying most people participate in. A good example recently was facebook's IPO. The prices people were paying were outrageous for a company with such limited growth potential.
I also see this all the time among entrepreneurs who start businesses. They pick something they want to do without doing any market research to see if it is feasible. Then they sink all their capitol into "Greg's pony petting service", and are shocked when no one responds.
When investing I try to only use the calculator function in my brain.

You can tell the media does not "get it". They think drugs are the coolest thing about bitcoin only because they can't get their heads around the truly visionary aspects of BTC.

I think it would work about as well as making file sharing illegal. Good luck!  

It's hard to know if this a pattern with only two examples. If it happens next year then I may look at strategies to profit from such a phenomena.

Hmm. also true. Please do not start another thread. lol

Should we just bump this thread every morning? Because today is the best time to sell in over a year, until tomorrow.

Done.   

This item for sale in new user section. I linked this for the owner, it's not mine.

https://bitcointalk.org/index.php?topic=100686.0;topicseen

Yes, your right. I think the dream solution would be some software that would run on existing machines like credit card readers.

1:56pm Eastern time. No, You are asking an un-answerable question.

OMG the stock market is going up and down also!!! What could it mean?

How come when I look at those charts I just see a bunch of made up lines having no connection to future prices. Almost all the *real money I have made on wall street has been by betting against the "experts". It is a well known fact among traders that market gurus almost never do better than random chance.
In the time I have been here I have seen countless such threads and they never pan out.   

lol, no worse than a wall street economist. They think rallies never end.

I wish someone had taught me about money as a kid. I had to learn the hard way by loosing a ton of it.                      

The fun part is that his money is appreciating right before his eyes. If you had gotten him a bond or something it would have taken so long that the lesson would be hard to grasp.

Holly crap, he's right. dree12 can control the cosmos!!   
Is there a wiki page showing future prices? 

Reading this thread one might be tempted to believe that the future can be predicted, which it cannot.

1. a block is a unit containing a record of bitcoin transactions. About every 10 min. a new block is created
and added to the blockchain. The blockchain contains the records of every bitcoin transaction since day one.  Creating/discovering blocks takes a lot of computer power. As a reward 50BTC are given to a lucky computer trying to hash numbers and discover a block. That reward will decrease over time.

2. Right now bitcoin is divisible to 8 decimal points, more can be added if the price goes way up. The smallest unit currently is known as a Satoshi.

3. Mining is the process of discovering blocks and trying for the block reward. It has grown into a highly specialized endeavor. To have much of a chance of discovering a block you need a room full of highly modified computers with multiple video cards in each. You can also join a mining pool. In a pool you are given a fraction of the reward based on how much your computer contributed to the pooled effort of many computers.

It would be an even better deal if we got a few people together for an online class. Maybe we could offer this once a month for new peers?

Once you get used to Linux you will never want to pay money for a lesser OS.

Sorry your bummed Rifleman. There is a history here of new accounts coming in to spread FUD and scam people out of their BTC . If you had seen how bad it was a year ago you would be asking why we even allow new accounts.