Quote from: juju on June 15, 2015, 07:43:50 PM

Quote from: asunnarborg on June 15, 2015, 03:33:15 AM

Check out this post I wrote this weekend - https://medium.com/@asunnarborg/how-to-time-the-bitcoin-market-hint-don-t-d3286ed70341

What do you think?

I read your article last night before I fell asleep, it was pretty quick read. I actually was reading through your article and was kind of upset until I understood the point for using Lawnmower, it was was too mitigate some of the price volatility.

Because your app purchases a tiny bit each day with your normal transactions, you are spreading your risk of buying coins over multiple days thus averaging out the overall cost of your purchase. I thought it was really cool how you were able to average out your final price point/1 BTC.

I never understood Lawnmowers perceived benefit until now. Thanks for sharing with the community!

Wow thanks a lot, really appreciate it!