Quote from: Xian01 on January 26, 2015, 03:06:54 PM

Quote from: pekatete on January 26, 2015, 02:59:19 PM

Answer to your psycology question is simple, I wonder why you could not figure it out. (and there-in lies your answer, thing is, can you figure that out?)

.... Help me understand the psychology here.

"If I was hesitant purchasing something at $341, why should I be less hesitant to purchase it at $370 ? Why would I have more motivation to purchase at $370 when it was just $341 earlier ? $310 a day before that."

Furthermore, BTC appears to be trending down. How should one feel if they purchased at $370 right now, and later today, the price is reduced to $360 ?

Like I suspected, you could not figure out your own conundrum, so I'll bow to your request and get you out of that misery.
1. You should be less hesitant to purchase at the current higher price because it can go higher. But you have options right now, as you pointed out earlier, in the shape of the SP20, till they re-instate their price in sympathy with bitmain, then the proverbial crap will have hit the fan for you.
2. It's your call whether to purchase now at $370 or hedge your bets in anticipation of a price drop later today to $360. But be prepared to live with your call should you choose not to buy now and the price later today staggers to $371. Oh, I nearly forgot, you should feel as you please whatever call you make and refrain from blaming bitmain (or real life as you prefer to call it) for your decision.

Forgive the verbosity, just in response to your cry for help.