It looks like we are coming out of the China bubble. My forecast is that bitcoin's traded value will work its way back to the red line:
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I've made my commitment to mining. My intent is to multiply my bitcoins. To that end, I've paid 8.92 bits for a 2TH mining system plus a contract for the manufacturer to host my mining for 4 months. I expect the venture to return 14 bits - this would be a 5 bit gain over cost.
The order has been processed. My mining rig is scheduled to be manufactured and to be up and running by Feb 24, 2014. The venture is underway!
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