I think the walls permit bitcoin to rise to $119 in a bold move. Afterwards I go to sleep and not post, and the general bullishness erodes, and the bears push the price back to $106. We will not see 100 ever again.
Damn, I was almost there! If rontus had been working (fortunately he only works about 50 hours of 168 per week, and generally not on Saturdays, and even of his working time, I only give him authority to sell short about 30% of the time, so this is purely of theoretical interest now) he would
certainly have smelled the trend change and managed to sell about
BTC430 at an average price of $113.2. Then I would have told him to buy back at $103 (he is better in selling but my buyback levels are more spot on).
The 42,500m
BTC profit would have enabled our lifestyle for several days...
Well, from your "category list" it seems we are all supernodes... Cool!
Indeed we are. There are only so many bitcoins in the world, and a lowest class supernode is not a U.S. Administration of 100,000 skilled professionals, but an ordinary bloke who bought in any time before March 2013, and has some spare time, and knowledge of English, maths and history. Of course when we go up the ladder, there will be many rpietilas, and in the higher level Goat, MP and Winklewii.
Read the "supernode OP" for more info and comment where appropriate!
Anyhow, as I said earlier everything look very fishy - I see two options: a) you are delusional and not-very-smart folk who made some money in the wild Bitcoin ride we had lately (not so difficult, we went x10 in just a few months) and now you are riding your very own ego trip, or b) you are preparing a big scam flooding the community with your "i am so wealthy" thing
Why is it so offensive that I live in a classy hotel? The highest burn rate of $200k per month was last week, now I spend at about $50k per month. If I go home and eat noodles, my expenses still run at about $20-30k minimum, since I have staff. Most of the businessmen do, in the real world. Generally their expenses are much higher than mine. I am actually very stingy, compared to most of my friends.
If you think this is excessive for what I manage to accomplish, how about complaining about how your very own tax money is spent in Afghanistan with far less positive effect? I would say the difference is about 4 orders of magnitude, in other words 10,000 times more money totally wasted!
With a rather conservative price prediction for the following 3 months, I estimate a 100% per month increase, which would mean that per every
BTC100, you make about $10k first month. A 3rd class supernode can quit eating noodles and start to live. A 2nd class supernode of
BTC1,000 can do what I do, and I just await that the real big guys start to benefit the mankind with their stashes.
This is the reason I spend - to show that even a medium
BTC-holder can do this! No reason to hate, rather you live up to your own standard, and I live up to mine. If you have at least
BTC1,000 as I assume every 2012 or before has (unless he proves otherwise), you can do the same as I do, with ease. Why should I do all the work?? Every city needs at least one supernode, and I am here to help these becoming reality. It is one of the workshops in the summit.
Besides there is no "flooding of community". I post my theoretical observations to my own thread. Then I post my price predictions here, and every time I do, some April 14th troll speaks negatively of me. Then I correct the misunderstanding. In no way I am here to cause disturbance - the instant the OP
BTW: what about an escrowed bet, so you can put your money where your mouth is? Willing to bet that we will be at $300k/BTC by the end of the year, as you predicted? I'm sure al lot of users in these forums would be willing to join this bet. It's a nice way of hedging - if we win you give us your money, if you win we are all rich anyway, you included, so why not?
How about the following:
- You escrow 100 bitcoins for my 1
- You write a 2013 $100,000 call option to your bitcoins, so that I can buy them from you anytime, by just sending you $10 million U.S. Dollars
- If I do not redeem your bitcoins before 31. December 2013, you get my 1 bitcoin as I lose the bet
This way everybody profits. Even if you lose, you get $10 million, and the rest of your bitcoins are worth even more. If I lose, I only lose 1 bitcoin, and I still have a lot (and they were not that valuable anyway..
)
Wouldn't you mind betting repietila?
My middle initial is A.
Risto: man up. You are either spreading BS you don't believe in a ridiculous attempt to talk the price up (you know that's not happening, right?) or you really believe that 1BTC will be above $300k by the end of the year.
If its the latter, I make you an offer you cannot refuse: 2:1 odds at your favor that we won't reach $300k per 1 BTC in this year, and we publish this bet so other members can join up to a maximum total amount you choose. Minimum bet 100