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1  Economy / Speculation / Re: It is time to start closing short positions on: September 19, 2014, 07:02:28 AM
It must be tough having all those accounts, sweating away making posts. Does it work ?
2  Economy / Speculation / Re: losing fait on: September 19, 2014, 03:24:31 AM
Hi mocrotasje,

My first post. Long time lurker. As in not an investment advisor!

I hope you have not sold yet. Sounds like you bought in Nov -Jan ?

I believe it's sad to see some of the comments in this thread.
Maybe the best way I can help is to ask you some questions.

1. Do you believe "BTC is shit...It's dead...I got inside info" without proof ?

2. Do you believe your an idiot ?

3. Do you believe the price could have got to $1200 without Gox & Willy ?

4. Are you aware of the ETF and it's possible future effect on the price ?

5. Are the twins going to use their BTC ? Or are they going to buy from exchanges ?

6. Has there been any fatal news for BTC ?

7. Will BTC be replaced with something even better in the future ?

8. How important is that $230K to you ?

That is just the tip of the ice-berg. There are many questions. Your situation is certainly
not without hope. You could just HOLD. You could lock in your loss and walk.
Or many other strategies in between.

Calling people names isn't helping. They are still trying to predict the future saying BTC is
going to be worthless.

Would you like me to predict the future ?

You've decided to Hold and Hedge your bets. You bought 328 BTC @ $700 ($229600). You take 28BTC
today worth $410 ea and buy 666000 Maidsafe. Four years pass. Safecoin is trading at $1.20 and Bitcoin
is still here at $350. Your total investment is now worth roughly $904000.

(Just holding BTC could achieve the same result.)

Who is the IDIOT now ?

9. Is this good advice ? 

It is an example only. I think it's better than calling you names and shows what could happen.
Chill. Do some research. Come up with a plan. I think BTC is here to stay.
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