The rise in the dollar price is impressive considering the dollar has also risen in the past few days.
not really... it s federal marshal's auction pump.. and who do we think is pumping it ?? i'm holding my mined coins so they can pump this as much as they want.. i'm still making money .. however, i am heavily, and i mean absolutely heavily inspired when i am butthurt. punishing me only makes me more resolved .. i been heavily inspired to write about this in my new book i am about to drop. when the federal govy pumps bitcoin to make more money from the bitcoins they confiscated yet ignore catastrophes then i think we have a problem .
If you believe that the fed govt is pumping this price, NOT only are you butt hurt, you are also delusional.
You can still buy and get in for under $320, which will be considered a bargain.....
pumping bitcoin for marshal's auction would be a typical obama strategy..... huge money grab... just like 2014 and 2015 taxes were record breakers.. just like obamacare is a huge money grab that is now failing miserably. when u look at the past every single thing obama has done has backfired.. obamacare is now a huge mess with people dropping out not paying their premiums because they have no money cuz they are being taxed outrageously high taxes,
i am NOT going to buy at 300+. as i said before I have more coins in cold storage than i have cash to buy more on the exchange.. if i buy at 300+ then the price will drop and i will lose.. i been down this road before.. instead, i will just become the enemy i have been turned into .. i'm not going to cooperate because this is not the first time this happen. this is the second time.. we didnt get evened up for the first time so we are doubling down.. should NOT have blocked my buy with that massive buy wall. that buy wall that blocked my buy is what i am upset about... and that buy wall was a bitfinex buy wall. i'm not going to make this easy and jump in at a higher price. i will just box. we'll get evened up eventually. shoulda just let me get my buy in when we were down there. thats all i was asking for. let me get my buy in. .. that did not happen because bitfinex put up a 5000 bitcoin buy wall right where my buy in was at.
Your description of government motives sounds way too partisan, when it tends to be that actual practices do NOT change very much depending upon political party... so in essence, you seem to be loading too muc partisanship into your explanation.
Also, as another poster explained, the government does NOT need bitcoin moneys in order to profit.... The government may have other motives to sabatoge bitcoin, but pumping its price seems to be contradictory to its overall motive. hello?
Concerning your personal financial situation, it sounds like you may be doing the right thing under your current financial circumstances.
It sounds as if you are learning from your past mistakes and also planning on a longer term strategy in order to recoup into a better position.
I understand that any of us can become very emotional and then tend to go balls to the walls, by taking too many risks... and sooner or later those kinds of investment strategies will catch up with us.
Taking some risks can be fine, and probably it is within the essence of bitcoin investment (more so in the other crypto currencies) but to some extent we have to plan for probabilities each way, and maybe even to be a bit on the conservative side. Betting a little conservatively won't make you as rich on the upside, but it preserves you moreso for a lot more variety of scenarios that would more likely place you into a decent financial position.