The problem is us! It's psychological. If we panic, lose face, turn and run, we will just be wasting our time. There's nothing to fear. Don't falter in the face of negative propaganda, which sadly will probably be passed about even by a few people here.
Hodl on!
Nothing to fear?
would the possibility of:
MtGox: $160 Bitstamp $110 BTC38: $0.00
fear you out a bit?
When I first became aware of you on here T.Stuart, you seemed balanced enough in your posts, but as time has progressed you have become more and more fanatical.
I bought in at $835, had every opportunity of turning a tidy profit, but when I came back from a walk, I saw that Bitcoin on Bitstamp had broken through a very important $905 short term resistance and was trading at $880, before any 'news' came on the scene, I recognise this to be a bearish signal and like a skittish reactionary bitch, I sold everything right away (as opposed to waiting on the inevitable bounce). Although I cut my own throat once again, turns out I did read the signals correctly despite being a nervy trigger happy bitch which is my flaw, being drunk on Bitcoin punch is yours.
I would suggest that there is not much more upside in this market for the time being, but a good bit of downside is yet to come. You have been raving on about Bitcoin since $500 level, so I am assuming that you bought in then. If so, take some profits man!
Bitcoin is no longer about anarchy or monetary freedom, just look at the human behaviour that has enveloped around it. Bitcoin is the spawn of Satan and the only reason you should be into Bitcoin is for what it can do for you, whether that be buying substances that you couldn't pay for using conventional means, shifting money around, or speculating. I suspect that the reason so many around here have such a hard-on for Bitcoin is for the latter reason, speculation. That means they are out to seek profit and if this is the case, the need to get of the Bitcoin kool-aid and recognise when the right times are to take some profit.