I read negative articles that cite slow failure: http://www.panture.com/bitcoin-will-slowly-fail/
Probably written by someone waiting to buy in.
And also positive articles that make bitcoin look like its not going anywhere: http://www.theguardian.com/technology/economics-blog/2014/feb/25/bitcoin-will-survive-despite-mtgox-offline
Probably written by someone who has just bought in.
Im worried about investing in it again, but Im willing to take a risk. With the irs calling it out though and saying its not a currency is something that really worried me though. I dont think the govt will allow the coin to take over. Does anyone else feel fear in their gut? I enjoyed being in the game but idk if now is the best time to get back
A trade on momentum at this stage is a pretty good bet, looking at entire price history.
Set threshold like if BTC rises by >=20% within 10 days then buy.
A lot of people want to ride again, as does the greedy monkey in you.
edit: oh yeah, screw news about IRS, people don't think about school work when riding roller coasters.