Ha, wow. It halved in value over the course of a month, and then went back up almost as high as before. This looks like the type of thing we shouldn't usually sell on a schedule.

-----Original Message----- From: Mark Jenkins
Sent: Tuesday, August 13, 2013 9:58 PM
To: [email protected]
Subject: Re: [SkullSpace-Discuss] Skullspace mining profits

Stefan wrote:
Don't forget about the bitcoin mine. That puts us even closer to
breaking even.

On 08/13/13 16:30, Ian Trump wrote:
Good Point – Bit Coin is at $163.00 at $300.00 were taking $200.00 out
and pulling it in as income.

As both me and Jeff mentioned, this degree of mining profitability will
only last for a little awhile -- Ian bought his BFL unit super early
(May *2012*) -- many more are coming online behind him to compete. I
think there will be a long tail where it will remain profitable, but in
much smaller amounts.

I keep checking out the Skullspace mining profits at
https://blockchain.info/charts/balance?address=1Mz6YwFap2FEpPrSq3EEpqW4Endo7gA1wr
looking to see a bend from the profitability slope being less steep. Am
I hallucinating to already feel like I see it that line bending..?

And who knows if the market price of this 1.5+ BTC will hold out until
Saturday when I'll be selling off this first round on Skullspace's
behalf. Perhaps it will crash terribly Friday night back to early July
levels. (sale will still go ahead!)

http://bitcoincharts.com/charts/bitstampUSD#rg90zczsg2013-07-04zeg2013-08-14ztgWzm1g10zm2g25
(July 5 to now)

Can somebody put "Bitcoin market" on the calendar for 2pm Saturday? I'll
be doing announcements in various places later today and tomorrow.

quick version: First ever, in person, openly advertised Bitcoin market
in Winnipeg. 2 pm, Saturday August 17, Skullspace. One guaranteed buyer,
one guaranteed seller to attend.
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