Today is down and we are finished at +23.6% for the day!
I cashed ½ my coins today. I will buy back when we drop under 250.
Looking forward to this crash.
i hope you are "trolling" on this one.. are you? is this a joke? how can we go back to $250 with such diff jumps and investments in mining?
is your opinion that whatever equipment mining the new diff increases is SOOO cheap to produce that they will dump coins for any price down to new unknown levels?
growth is stupid high. so something has to give.
I am positioned in this manner.
I sold 6 coins
I kept 6 coins
I have 4 avalon6's
If coins crash to 250 I will buy 9 coins with my sales from yesterday.
If coins go to 600 I will sell the six on hand.
Keeping my mining earnings from the 4 avalon6's
If coins stay between 250 to 600
I will do no buys or sales, but keep the mining earnings.
So I have multiple moves to do.
My analysis shows us to have a transaction growth issue. Which is yet to be dealt with.
transactions were 25,000 a day in July 2012 they are now 200,000
so we went up 8x most people do not remember transaction fees were 0.0010 and are now 0.0002
so the actual transactions can be adjusted from 200,000 to 40,000
yes coins are not 10 usd they are 360 usd , but we simply are not growing transaction wise.
So a big move is going to happen since growth is simply crazy.