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Comment on Why Bitcoin is Volatile aka I Told You Soparent

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Can you shed any light on why you think it'll bottom out at 300?

it just looks like it by eye. I'll probably buy in at 450 (or lower; whatever it happens to be when I bother looking) anyways, because it's incredibly difficult to get bitcoin timing correct or not taking into account a growth factor.

A full disclosure of my bitcoin history: I bought in at 150 and cashed out at 300 because I got cold feet and I needed the money - I'd have held on if I didn't need the money. I forgot that I had an autodraw, which kept buying at the 300-ish mark, which I sold off at 900, again because I got cold feet about my 1200 mark and I needed the money. This hasn't been entirely speculative work, I have used bitcoin in 'actual bitcoin' transaction. But not silk road.

The nonprofit that I am launching on tuesday will be accepting bitcoin donations starting on friday.

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