I know that I've said in the past that I would hold onto my coins, but if it starts playing in the 60's this week, then that tells me that this is a slow bleed-out. Where we stop on the way down is anyone's guess. So if we start playing in the 60's, I think that it will be time for me to gracefully exit.
Good, one less speculator.
Here's a thought, how about trying to create something of actual value and trade that good or service for bitcoin directly, without worrying about the last 10 candles on clarkmoody?
This is like a goddamn forex forum anymore.
Actually I did. I'm working on attempting to create a bed and breakfast type business that accepts Bitcoins. The idea came about after Airbnb.com's refusal to accept Bitcoins. 9flats.com recently began accepting Bitcoins.
Because of the wild price swings, a simple brick and mortar start-up like I wanted to get off the ground is extremely difficult. But I won't give up.