Quote from: Vycid on August 20, 2013, 09:05:31 AM

Quote from: ft73 on August 20, 2013, 09:01:13 AM

Quote from: Vycid on August 20, 2013, 08:45:14 AM

So, the question is - does the market stay irrational longer than I stay solvent? I guess I'm a gambler after all.

Considered the kind of market we deal with, we're probably all gamblers here (and yes, i find it disturbing).

I can't agree much with your AM view though, i think you are missing some underlying market mechanics.
Good luck however.

Yeah, I can't argue with that. The fact that AM is a bitcoin-denominated security makes this insanely volatile already.

I'm curious as to what market mechanics you're referring to, though?

Greed and fear most notably.
In my view you are leveraging on the latter.
The former at the moment pushes quite some vapourware.
Market correlation is a third and important element, you'll be able to collect quite some evidence.

So many key elements play a role in AM share value, other than actual fundamentals.
I think we have to (carefully) live with it.