Today's random thoughts, in no particular order: 1. Two people sent me messages asking me whether I was buying big. The answer is that I never sell my existing bitcoins, but my new money is in stocks right now. I may buy more bitcoins when the price starts to move again as July 24 approaches. Yester...

A few thoughts: 1. There is a model of psychological development of the lifecycle: https://en.wikipedia.org/wiki/Eight_stages_of_psychosocial_development. The theory goes that as people become older, they "graduate" from one big question to another big question in their lives. At each phas...

Today's random thoughts: 1. There's an article circulating where the author postulates that the price of bitcoins will fall as low as $120 before the next bubble begins. While I don't agree with the technical analysis he uses to reach that figure, I know that if bitcoins are ever worth $120 again, I...

Some thoughts for today: 1. With the volatility of bitcoins, you can almost always make money as long as you don't have a timeframe. The algorithm, which I've used successfully on paper, is to buy right after a huge panic, catching the falling knife. Then you simply wait and be very patient, selling...

Brief thoughts for today: 1. It gets tiring to listen to people from poorly managed bitcoin companies coming up with insane plans to somehow save their companies even though they are insolvent. After Mt Gox, we now have Neo and Bee. Am I the only person who believes that if a company fails, then the...

Today's thoughts: 1. In altcoin mining news, the charts are a beautiful thing: http://shoemakervillage.org/temp/payouts-0418.jpg. The expected payout for mining the most profitable coin for 1Mh/s/day has almost doubled since Monday. It looks like, despite all the recent articles where people claim a...

Today's thoughts: 1. I stated at least three times last week that this was purposeful manipulation by the Chinese government in an attempt to kill bitcoins. Many people ignored that post and stated that "China didn't ban bitcoins" or that April 15 passed without any issues. Today's news sh...

Time for another daily "story" of related points that all wrap up into an interesting conclusion: 1. People who argue that these 200,000 coins from Mt Gox (if they are sold) will be sold off-market are missing the point. They key issue is that those coins would have been sold anyway. The s...

A few comments for today: 1. I remain perplexed by these rises in prices recently. There doesn't seem to be anything that could possibly explain them, other than that people who panicked are having second thoughts. I still won't be buying until the price rises higher to demonstrate a reversal. 2. Th...