Since were braking up from here, if bull volume fails were probably ending up in 160$ around double bottom

To be honest I also did short just then:



(I came from long at $233 before this trade).

I already hold BTC, USD lending rates are slightly under 10% a year

I don't plan on selling (or spending a significant amount of) the BTC at these prices or any price lower than it is

I have enough backing/collateral to prevent a margin call

so why not use some leverage   and try to play the swings in the process


negative. though I should try that again.. it was an easy ~2 BTC profit in and out trade

just reentering the trade at a base price ~$5 lower

I feel a little bearish actually. Care to elaborate on why you went long at this time? I'm genuinely interested in your take on the market.

back in on margin
150 btc averaged a few pennies over 240

thanks to those who gave me 30 day guaranteed rate USD loans 

The four strikes against Bitcoin:

First, Bitcoin mining is illegal.  Do the research, bitcoin mining has all the legal elements of prize, chance, and consideration which makes it a lottery...

Whales dumping on the enthusiastic kids that bought bitcoin because of the CNN news. I love it!