felt fear yesterday and frustration today that the new day is dawning and it could not make any progress to the upside. The pounding will start again in a few hours most likely. I am thinking of selling as a precautionary move, to buy back lower. If yesterday wasn't the capitulation (and it wasn't: too high, too little volume), there is some chance that the capitulation will come today.
That was the most bullish thing I've seen in weeks. You've cheered me up. I may not need any whiskey today. (Given my failure to sleep, I will almost certainly need the amphetamine.)
Some natural pep and energy, crossed from the economy thread:
Since June 24 difficulty has been rising about 1.7% daily. Emission is currently declining a little faster than 0.8% daily. Compounding these factors over the course of 1 month, we arrive at a factor of 2x increase in the ratio cost-of-mining/supply-mined.
Monero will be worth twice as much, one month from today, by that metric, using neutral statistical assumptions consistent with empirical observation.
Now excuse me while I go over to the poloniex troll box and report that Risto said he was planning to sell off, and buy back lower.