I agree. Given the volatilaty of bitcoin you really need to pay attention
when selling it. Deciding to sell on a certain day regardless of price is
not a good idea.
On 2013-08-14 12:18 PM, "Michael K" <[email protected]>
wrote:

> 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=**
> 1Mz6YwFap2FEpPrSq3EEpqW4Endo7g**A1wr<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<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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