Ok, I have been following Btc since around xmas when it was big news and the price shot up.  I haven't invested in it as the price keeps falling and have only brought enough to buy a few bits and pieces.

Now if you look at any of the price graphs you will see that it goes from nothing to silly money for no apparent reason, and then seems to have been in gradual decline since then.  Every time it does go up, it never goes above the previous low.  It has dipped below $300 recently and I would say will be heading towards $200 in another month.  Was the high point just a blip?

All this is despite all the publicity it has had since xmas and all the work that is currently going on in the community.  As no one is mining anymore, does it matter if Expedia or Overstock accept Btc?  Unless you are paid in Btc, you would still have to pay a % to acquire it.

My question to you is, what is your exit strategy?  If you invested in the last nine months, can you afford to sell up?  Are people still investing despite the downward trend?

Hi

I have a few news aggregator apps on the windows/ios stores and thought it might be useful to have a Bitcoin one as well.  To start with here are the raw feeds that I have produced.

RSS
http://www.thirdprize.org/AltCoin.xml

As a list
http://www.thirdprize.org/Rss/AltCoinViewer

As a tag cloud
http://www.thirdprize.org/Rss/AltCoinTagCloud

Have I missed any good feeds?  It has all the big ones in there.  Still have to sort out the icons for the various sources.

Shaun

Been hanging around here a month or two now and just started wondering if there was something creative I could do with bit coin.  How about I deposit X amount of Btc in an address, and then incorporate the address in a picture somehow.  There are QR codes and keys.  It would probably be abstract tech impressionist (or a bit cyberpunk).  How much would the picture be worth?  Art is generally worth what someone is wiling to pay for it, but this has some actual value sitting somewhere.  Would you pay £500 for a picture (not unreasonable) if it had (at current rates) £100 worth of Btc in it?  Its an investment in either me getting famous, bit coin going up or both.

I guess the private key for the address would have to be included in the package other wise the Btc would be dead and worth nothing. 

Say I have some money (not A LOT but enough) and I want to invest it in something bit coin related.  What is my best bet?  As I see it there are several things I can do with my money.

1)  Get some hardware and start mining.  LOL.
2)  Buy some Bitcoins.
3)  Invest in virtual cloud hashing.
4)  Something else?

The first one is a no go.  The third one sort of assumes you earn more btc than you spend on the contract (or its monetary equivalent).  Lots of ifs there.

Buying btc seems a good option but if you look at the price charts for the last year, the prices are high and they are still going down.  They re still about 4x what they were last year.  If you buy now the value may go down before it goes back up again.  In which case its best to wait till it bottoms out and buy then.

Any suggestions on option 3?

My gut says do something but my brain says leave it 6 months.

The british newspaper "The Guardian" devoted an episode of its "Tech Weekly" podcast to BitCoin this week. They discuss it from several different perspectives and only one of them REALLY doesn't get it.

http://www.theguardian.com/technology/audio/2014/may/14/bitcoin-bubble-tech-weekly-podcast

Well worth a listen (if only as it features Aleks Krotoski).