I too have been tempted to play the market and it wouldn't be too difficult to be honest with only a few BTC to make profit. However now it is too risky to do so, the train could leave the station and there’s a good chance it wont come back.
I'd rather obtain more BTC by converting cold hard cash to buy XC currency, rather than risking the XC I already have.... hopefully I'll accumulate enough to help break some walls down the next time there’s a huge pump.
I'd rather obtain more BTC by converting cold hard cash to buy XC currency, rather than risking the XC I already have.... hopefully I'll accumulate enough to help break some walls down the next time there’s a huge pump.
That is what a lot of us have done. I dare not risk selling any of mine in hope that it goes lower to buy back up.
Eventually that should be the end game for the coin to actually be traded in currency to XC and not currency to BTC to XC.... Would be great it it stood on its own like LTC and BTC.
I have an exchange developed - fully functional and working - I was thinking i could set live for CAD - > XC / BTC - > XC / LTC -> XC (I will have issues doing usd -> XC due to legal issues... hmmm, any Canadians here think its worth to have a CAD / XC market?
hmmm...
What the hell good are ya then no USD.... I cant spend Canadian money here in the US, I tried to cash in a few pieces of change and the bank laughed at me! ( Well no they didnt laugh just gave it back to me :/ )
You do have a point though, the Courts here in the US says BTC is property while the IRS says its money, must be great to have it both ways, only in US government is that possible.
