Hi, is there a reason for seeing $290 as the low?
I'm no bitcoin expert but I have downloaded the bitcoin price history and it seemed to fly through $290 on the way up and hasn't touched it yet on the way down. Because bitcoin had such a rapid up and down the chart doesn't show any obvious support or resistance points.
Let's say bitcoin ends the year at $200, for example's sake. Will this change your plans for 2015? Surely there's going to be a point where you have to say "we're going to have to rethink this".
If you're only managing to mine 4 bitcoins in a month then unless your electricity, rent and equipment costs are less than about $1300 a month you're losing money.
In your book you said that you should've walked away from the adult business earlier and you lost more money than you needed to. If I was trading bitcoin I would be short now and probably would've opened my short position back in April. There doesn't seem to be much to be bullish about and I have to wonder where the demand is at the moment.