Quote from: JimboToronto on December 01, 2016, 04:55:56 PM

Good morning Bitcoinland.

I see we had a wee rise overnight... currently about $757USD/$1012CAD according to Bitcoinaverge.

Quote from: bitebits on November 30, 2016, 09:31:38 PM

do you consider +1000 CAD per bit[Suspicious link removed]d or bad news, from a personal perspective?

You often mention you are accumulating, so you want the CAD price to be as low as possible. Correct?
Or do you simply convert all your savings into bitcoins, no matter the CAD price? Any particular number you are aiming for?

Really, $1000CAD is no big thing, just an arbitrary number. I did however use CAD to buy my bitcoins, so there's double satisfaction in having earned from Bitcoin's rise and also from having used it as a safe haven from the loonie's decline.

While some accumulators desire as low a price for as long as possible to keep accumulating as cheaply as possible, I'm happy to see the price continuing generally upward as long as I get fairly regular buying opportunities in the form of short-lived dips.

If I need to buy some dollars for an emergency, I'm pretty much guaranteed to turn a profit.

I don't convert my sayings into bitcoins. My Bitcoin holdings are my savings, more like a pension fund for my old age. When a buying opportunity occurs, I add as many bitcoins as I can afford without crimping my operating cash.

A target number? I've thought that when (if?) it reaches $10k per coin, I'll spend what I need to buy back all the dollars I've spent on Bitcoins. Currently, that's between 4 and 5 coins.

In recent times, I have been making various attempts to avoid disclosing too many specifics regarding exactly how many coins that I hold, but surely, there is some information out there in which you could get ball park ideas.

Based on this post, and your earlier posts about your average cost per coin, here is my approximate estimate regarding the number of coins that you own.

Approximate amount invested: 4.53 x $750 = $3,400

Based on my foggy memory - estimated average cost per coin: $150

Approximate current number of coins held: $3400 / $150 = 22.67 ( 1/one millionth of the total BTC supply)