http://arstechnica.com/tech-policy/2011/10/bitcoin-implodes-down-more-than-90-percent-from-june-peak/ http://arstechnica.com/tech-policy/2011/10/bitcoin-implode

http://arstechnica.com/tech-policy/2011/10/bitcoin-implodes-down-more-than-90-percent-from-june-peak/ http://arstechnica.com/tech-policy/2011/10/bitcoin-implodes-... Well, whatever you want to call it "plan"/"strategy"/"hope"/"insane dreaming". About this time last year, if I executed on my "plan" I'd have reached my goal in Nov 2013. Bottom line is I think bitcoin still has a disaster or 2 or 3 ahead of it that'll tank the price; only to recover a month or 2 later. With all this MtGox drama happening + "Russia banning bitcoin", I'm poised to move. Also, this list[1] was front-page of HN at one time. If #9 actually happens, combined with a disaster that makes the price tank - say, MtGox shutting down & "USA bans Bitcoin!!", then I'd be set. I know my "plan" depends on 2 unlikely events. Probably won't happen, but this is bitcoin we're talking about. Nobody knows what will happen yet. This is my "plan" based on the craziness I see of bitcoin. Nothing really that special; buy low & sell high. Call me crazy but I say coins still has a few huge swings coming up in 2014. MtGox is already causing one right now. Even if these extremes don't happen, I got 1k that I'm day trading with under smaller swings that I'll at least earn back the 2k I've put in so far if not more. 1. http://lightspeedindia.wordpress.com/2014/01/13/bitcoin-2014-top-10-predictions/ http://lightspeedindia.wordpress.com/2014/01/13/bitcoin-2014... Bonus: Reddit is doing a good job of getting people all riled up to cause these big swings... http://www.reddit.com/r/Bitcoin/comments/1xitx4/im_giving_1_bitcoin_bounty_for_someone_to_draw_up/ http://www.reddit.com/r/Bitcoin/comments/1xitx4/im_giving_1_...