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Man. Teach your wife. You never sell BTC. You buy BTC with your spare cash. More when they are cheaper, less when they are more expensive. But you don't sell them. Well, if you can double your initial fiat investment selling 5% of your total stash, go ahead, I won't stop you. But no more than that. Just hold on the mofos for the long haul. This is the way you play this game.

Learn from Vladimir

Maybe not central banks, but it will still require banks in the old fashioned sense, if not the same banks that we know today. Mt Gox is essentially a bank.

Me, cause I did buy bitcoins in 2010.  I think "why did I sell bitcoins at $15?" and then i answer myself "because my wife told me to"

Who doesn't think this?

true, noones done beanie babies before, or dot com stocks when it came out, bubble mentality ' noones done this so its going to work', nthis is very entertaining for me, not a question if its going to burst, jsut when

don't want to hit you, I love you because we NEED you

but we also need weak hands for us the stronger hands to get cheap coins at $40ish

Bitcoin is the currency we deserve, but not the one we need right now. So, we'll speculate it, because bitcoin can take it. Because bitcoin is not our hero. Bitcoin is a silent guardian. A watchful protector. A Dark Knight.

The first movie, Mr. Anderson's boss.

The wallet is generated securely with an offline computer that is destroyed after printing the private keys (also the printer is). You print out two copies of the private key.

You align the A4 sheets together and cut it in half with scissors. Then you have two copies of the beginning of the privkey, and two copies of the ending. You store these keys in such a manner that it is improbable that a thief would get access to one A + one B key and even if he did, you could outspeed him in combining your remaining keys and spending it to a more secure wallet. Also it should be improbable for both A keys to be destroyed simultaneously, ditto for B keys. This is your core position.

The wallet is generated securely with an offline computer that is
- Then you decide your "creep rate". The creep, is an hourly percentage, which I suggest to be between 0.1% and 1.0%. You adjust your buyback level upwards every hour by the creep amount. In practice, you have no reason to adjust it any less than 2% at a time. So if your creep is 1.0% per hour, you need to increase your limit order by 2%, every 2 hours. If your creep is 0.1%, you increase it by 2.5% once per day.

- Eventually your limit buy order executes. If you were nimble, you get to increase your bitcoin stash, if not, you lose. I have been able to beat the market, but I am a fulltimer with 16 years stock trading experience. At any rate, you will never lose out completely since you have your money in the exchange after the moment you have sold, until the moment your buy executes. If bitcoin goes to singularity, you have your secure core position, and you can buy the earth with it. Otherwise you eventually buy back. Repeat when appropriate.

- The ladder refers to either the incrementally creeping nature of this method, or it can also refer to an additional tweak where you use several buyback levels spread apart, and after your bihourly reset, you remove the lowest bid, and add a new bid which is higher than any of the outstanding previous bids.

No, no, I meant you phrased your first strategy as if it's just for those who believe "Bitcoin's a bubble", while I am not a bear yet I still somehow use it, and you probably can too. I employ the word "bearish" also because I somehow can't figure out why you brought up the topic of "going short" since you're a obvious mega-bull.