Edit: WOW! This is getting insane. 43000+ satoshis and still rising. I can say for certain that BC was the best week of mining I ever spent.
I have about 8k BC and I'm so happy I do. Spent some time mining on the multi pools as well and I'm really glad I did. Still mining on the BC multi, even though the BC income will be small now due to the skyrocketing price, it will add to the buy pressure to drive the price up more and I'll keep getting more (even small amounts) as it rises.
To sell or not to sell - I would hate to have my 4+ BTC holding in BC drop back down to .5 BTC.
Do it like the smart traders do: sell half, keep the other half. Worst case scenario, you still had 3x profit.
I put a sell order for half of my BC (3500) at 60000. When I came back home BC was at 95000... Kinda regretting.That is true... that is what the smart traders do.
In my case, I've never been a smart trader and I'm not gonna start now! LOL!
I'll sell when it hits the moon!
This doesn't just seem like a pump to me, it's going up at a steady gradual pace. I don't see it stopping soon, every time I open up Mint I'm amazed by how much more it progresses.
Let's see, $1 would be about .002 BTC? Is that correct? We're basically half way there...
I would welcome a price in the 30000's again, though I don't think it's going that low.
Heck I don't think it will even drop past the 50000's. But that's just my feeling.
Mintpal, why are you still wasting time on Craptsy?Not sure where everyone is trading, but looking at Craptsy charts, it seems a lot like a pump and dump to me. I also see that someone with ~50 BTC could move the market up to 80000 with little to no effort based on the sell book. Likewise, the same amount would drop price by 10-15k if it were dumped...
I no longer need to sell my farm with the profit I made from BC. That, and it covered all my credit card and student loan debt as well as more left over (perhaps some sort of expansion with the cheap cards available). Not really sure though since scrypt asics are around the corner and I haven't really seen a great surge in X11 or other gpu-friendly algos.
So then, what do you think is the next big thing? I've been mining BC for a couple of weeks now, but that has been getting less "profitable" from a quantity standpoint.It's why I turn a significant portion of my hashing power to any new coin @ launch. Worst-case I'm out six hours of electricity costs, best case.. well, BlackCoin.
Risks like these put me in the black long ago. Now it's just fun. I kind of wish I had mined more BC, though.. at least the first 48 hours. Would have made a return in the low-middle six figures.
Oh well. Opportunity cost and all that. This is basically just a hands-off second job + hobby all wrapped into one for me, anyway.
So then, what do you think is the next big thing? I've been mining BC for a couple of weeks now, but that has been getting less "profitable" from a quantity standpoint.
It's going to be really interesting to see where BC goes from here. The multipool will still provide well over ~50 BTC of buy support per day with its hash power, if 50+ BTC were dropped right now would clear out the order book back up into the 40s.
Add me to the list of biggest payoff yet with BC. That's a once in a lifetime kind of coin. And I will continue to support it. There's no reason not as its been very good to me, and I'm not up for going through another 1000 shit clones before I find the next BC.