I just sold my mined stash at 10.40. no regrets. great price to get.
I just cannot picture the price going up enough to make holding worth it.
More downside then upside.
Wow, tell me what other asset you are holding that is better than bitcoin!?
Just to be clear my mined stash just represents several days worth of production.
This is not 100 days worth of coins mind you.
If the price goes up by 50 cents it does not represent a big enough windfall for me to say
shucks.. i should have held. But if the price goes down a 1.50, which I think is more likely
over the short term that starts to represent a good percentage of profits.
bitcoin seems to be following a pattern in my mind. summer bump and winter blues.
even the hacks seem familiar lately. the timing is just so convenient. kids going back to
school which represent quite a nice chunk of possible users (college kids with expendable
income that quickly want to spend their money on something else). the summer bump of
excitement starting to drain away.
but hey that is just me. this august is last year's june.