The Breakdown

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I am still a Bitcoin trader

Bitcoin: It isn't money, but you can trade it.
Bitcoin: It isn't money, but you can trade it. Mark Scott

Just a quick update on my adventures in Bitcoin, the cyber- or crypto-currency I've written about several times — and traded!

There was what seemed to me like a Bitcoin bubble at the end of last year and the beginning of this. I made a nice return on my first trade and then set up what I thought would be a way to "short" Bitcoin for a while. As it turns out, the market at Mt.Gox has been sort of flat since then. So I haven't changed my position. 

Stay tuned for more!

If anyone want to speculate about why there was a run-up in BTC value in December and January, please do so in the comments. I welcome your point of view. Remember, the idea here isn't for me to make money. I've only bought $10 worth of BTC. I'm trying to learn more about cybercurrencies and how they behave.

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