Quote from: podyx on April 08, 2014, 02:53:24 AM

Quote from: SlipperySlope on April 08, 2014, 02:51:54 AM

Quote from: billyjoeallen on April 08, 2014, 01:03:57 AM

If $400 falls, it becomes a ceiling instead of a floor. I sold almost everything I have to defend that wall and it may not hold. If it breeches, we may not see another ATH this year. The good news is we'll have weeks if not longer to pick up $300 coins. Plenty of time to have a garage sale and move back in with Mom and Dad.

I understand that when you said "I sold almost everything I have to defend that wall" you mean that you sold ordinary belongings for fiat and used that cash to buy bitcoin. Right?

If so, then I have done something similar by selling an old gold bracelet for cash, then putting that cash into my local Robocoin ATM to buy bitcoin. I have been looking around the house for stuff I do not need anymore, but given my household's frugal lifestyle, there is not much left to sell. By agreement with my wife, my bitcoin portfolio is separate from our substantial retirement savings and real estate portfolio - so can't touch that.

Wow. You are actually selling shit to acquire more bitcoin?

Well yes. The stuff I sold I do not need. I strongly believe that 2014 is the last year in which one may easily buy bitcoin for under $1000. Additionally, because I think bitcoin goes to 1 million USD in 2018, I simply add three zeros onto the coins' purchase price and imagine what that would buy only four years from now, e.g. a car in 2018 for a $40 today. Ha.