Hold!

Sent from my iPhone

On 2013-11-23, at 9:18, "Mark Jenkins" <[email protected]> wrote:

> On 23/11/13 02:48 AM, chris kluka wrote:
>> Myself and a buddy day-trade on btc-e.com <http://btc-e.com>.
> 
> Outperforming buy and hold so far?
> 
> Easy to see how it could have been done in hindsight but hard to actually 
> pull off. Never know when you're going to call the top or miss the train.
> 
> On average it is said that traders can't outperform financial markets, so 
> congrats if you have.
> 
> How did the recent moves from ~400 to ~800 back down to ~400 and back up 
> currently to 700s work out for you?
> 
> This isn't to say that anything other then outperforming buy and hold is the 
> way to go, everyone has to be careful with a high risk asset to keep their 
> exposure within a level they can live with. No shame in letting your bitcoin 
> go to take profit and not be the one holding the bag.
> 
> And folks who sell into the big upswings and buy again after drops are 
> helping tame the beast, so thanks if you're one of the many doing so.
> 
> 
> The Skullspace Bitcoin endowment trust seeded by Ian ($50) got in around $360 
> CAD/BTC on Nov 11. We're looking pretty good so far as we approach our two 
> week mark. To Ian and Stefan (fellow trustees), we're going to continue to be 
> holding spartans, right?
> 
> Accountability FIY:
> 
> The $50 Ian seed
> https://blockchain.info/address/152mf2TWcwVySrzb9qd2g4cD1Z2vcDgDt6
> 0.139 BTC
> 
> 5.0 GH/s BFL (Ian machine) mining profits from Nov 16 on:
> https://blockchain.info/address/14eS3vDCn66Dy7N1PJXA7KTULPirfCJJeW
> 0.0114 BTC
> 
> Both of the above addresses are from the Electrum seed that both Ian and I 
> have. If both Stefan and Ian are around Tuesday night we'll be moving these 
> to the redundant 2 of 3 scheme I demoed at BSides.
> 
> And there is 0.00429 on my mining pool account from the little USB miners. 
> Recently added two of the 4 Jeremy donated to my router at home. Other two 
> new ones will join the original Skullspace two on the VM server soon.
> 
> In sum:
> (0.139+0.0114+0.00429)*800
> ~= $123.75
> 
> 
> 
> > Depositing is simple.
> 
> Depositing crypto coins at btc-e is simple -- at every exchange it is, thats 
> whats nice about crypto coins.
> 
> For fiat, only reasonable way I know of to fund BTC-e in Winnipeg is 
> international wire transfer through your bank.
> 
> At least their bank is German, so that should turn less heads when you ask 
> your bank to wire funds vs the location of the BTC-e itself, which is 
> Bulgaria.
> https://en.bitcoin.it/wiki/BTC-E
> http://www.coindesk.com/btc-e-bitcoin-exchange-review/
> 
> 
> BTC-e recently added Payza as a withdrawl only method. (can't be used for 
> deposit). Payza was founded in Canada, is now a UK company, is FINTRAC 
> registered, still has an operations centre in Montreal and has Canadian EFT 
> strait to your bank account as a withdrawal method.
> 
> 
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