Saw an article this morning.
http://www.msn.com/en-us/news/technology/the-blackmail-of-ashley-madison-users-has-already-begun/ar-BBlXLTH?li=AA54ur I guess a extortionist group called "Team GrayFlay" is already threatening to blackmail Ashley Madison users in the hack and they want payment only in Bitcoin. From the article
Unfortunately your data was leaked in the recent hacking of Ashley Madison and I now have your information. If you would like to prevent me from finding and sharing this information with your significant other send exactly 2.00000054 bitcoins (approx. value $450 USD) to the following address…
If Team GrayFlay (or any other blackmailer, for that matter) emailed all 32 million account holders, and just 0.01% of them agreed to pay up the $450 (£288) ransom, it would still earn them $1.4 million dollars (£0.9 million).
So I guess this is bullish news? Not sure how I feel about making a profit on the heels of extortion though.
Nobody will pay that if they have half a brain.
Betting that everyone in a pool of 32 million has >1/2 brin is a _____ bet?
Fill in blank.
All in. Bitcoin is going up!
Sorry that I have NOT been following you Bitchick, but I thought that several months back you sold a large portion of your bitcoins (at least your husband did).
When did you get back into the "all in" sentiment? In other words, for how long have you been buying back in?
Well, thankfully husband only had us sell 25%. (like it or not, he was right about selling. It is never fun to tell husbands they are right though. LOL) But we actually cannot buy much back because we have a daughter starting college in a couple weeks. It is a private university too and we are planning on paying for it all without any loans. We have most of the year covered but I really hope we have another bubble by the halving next Summer.
Whatever happened to self-reliance and the American way? I mean, I would NOT expect that your daughter necessarily have to pay for all of her college expense (especially with the cost of education these days), but shouldn't she bear some of the expenses with the expectation that she is going to have increased future earnings (and probably better quality of life overall) upon receipt of a college degree.
Would you still believe that she is learning any valuable life-lesson(s) if you pay for her whole bill, or do you have some other side arrangement with her regarding this situation?
In that regard, you should be able to invest into both daughter's education and some form of dollar cost averaging in respect to bitcoins.
Yes, I agree that selling can sometimes be a good thing, yet we do NOT really know for sure at the time. In retrospect, he turned out to be correct; however, I am a bit unsure about whether it was very prudent of a move for someone who is supposed to be a bull (except for perhaps you guys may have ended up being a bit overextended - which can happen to any of us from time to time - especially when we sometimes will get a bit overexuberant regarding the upward price direction and/or potentials) - on the other hand, there seems to have been a considerable amount of measuring involved, since his decision was to only sell 25% of the stash.. .yet in retrospect, frequently we kick ourselves because of what actually happened with the market - but who would have thunk?