Originally Posted by deonbell

I wanted to start selling some bitcoin and resell locally on localbitcoin. I bought some with the intention of selling my bitcoin for a small markup. I saw this jump up, and went ahead and sold it back to coinbase. So I am like a reluctant swing trader.

If prices stabilize again in the 200 to 300 range, I may try to resell again. Sure I am gonna get a 1099 from Coinbase now.

I don't like to gamble myself, Especially against the computers Goldman, Citi, and the other have.

Not saying Bitcoin isn't being subject to price manipulation, But I am not in bitcoin for the swing trade.

And you can buy weed with it.