WHAT? Bitcoin is up to $~142?!?!??!

Just 1-2 weeks ago, I was selling bitcoins I earned at the virtual felt for $75!  Don't I feel like an idiot when I check out the latest going rate for BTC was $142 - nearly double what I sold it for 2 weeks ago!?!??!

I continue to keep grinding away at Seals With Clubs, but I'm beginning to wonder what will happen as the price of BTC continues to rise - or stays at its current levels.  The lowest current offering is a 1/1 NLHE game.  Each chip is worth 1/1000 of a BTC.  I'm no math genius, but my spidey skills say that each chip is worth $0.14 meaning that a full buy in at 1/1 is playing bigger stakes than 10NL - $14.00.  I'd imagine that for a lot of people, the buy in has become too big and they're becoming dissuaded from playing on the site.

I fear that the prior "easy money" games at the lower stakes will dry up with the rise in the price.  I'm worried that a lot of the players have "BTC inventory" if you will, having bought the BTC prior to its recent run-up.  I have to become used to getting paid off on most every hand - flopping sets on an A high board and stacking a mouthbreather thinking his A2o is good - not only stacking off, but calling off an all in shove raise. 

On the other hand, I'm seriously wondering whether I should be cashing in or holding my extra BTC.  As I continue to grind, I'm adding an increasing amount of coins, selling as I get them.  Should I be holding my "investment" for greater returns later?  I've heard reports talking about how bitcoin is expected to rise to $1,000 - wouldn't that be a huge coup?  Over the past month or so, the going rate for the coin has risen around 6% PER DAY!  WTF?!?!?!?

As with real life investing, I've always taken the approach of dollar cost averaging - to date, I've tried to take the same approach with bitcoin; as I get the BTC, I've sold them periodically at the different price points.  I'm thinking I'm going to stray from that prior course of action and see how many coins I can accumulate and hold.

Finally, I'm rarely posting hand histories, so I wanted to share a hand where I didn't get paid [a rarity].  I was hoping the villian hit a straight on the turn, or had any hand - he called my flop bet.  I wasn't able to extract much of anything for the royal flush, and the high hand promotion has gone away.  I checked the Cardschat odds for hitting a royal flush and it seems to be 649,739:1.  According to Wikipedia, those are pretty crazy odds.  It's highly unlikely.  The weirdest part is I've played around 1.2 million hands, yet hit 3-4 royals lifetime.  I guess I run good at my royal flush per hand played ratio...

Perhaps you have alternate opinions as to how I could have played this hand a bit better.  It obviously plays pretty easy once I hit the royal - my second or third [online] lifetime royal.  Certainly, this counts as my first royal since I won the $800 for hitting the live royal flush at Charles Town a few months back.  Check it out:

Game: NL Hold'em (40 - 200) - Blinds 1/2
Site: Seals With Clubs
Table: NLHE 9max 1/2 #6
Seat 1: WXXXXe (177)
Seat 2: mXXXXc (201)
Seat 3: lXXXXXe (94)
Seat 4: fXXXXXr (312)
Seat 6: mXXXXa (259)
Seat 7: DXXXXw (172)
Seat 8: kXXXXXe (182)
Seat 9: KXXpFloppin (772)
mXXXa has the dealer button
DXXXXw posts small blind 1
kXXXXe posts big blind 2
** Hole Cards **
Dealt to KXXpFloppin [Tc Kc]
KXXpFloppin calls 2
WXXXXXe folds
mXXXXc calls 2
lXXXXe folds
fXXXXr folds
mXXXXa folds
DXXXXw calls 1
kXXXXe checks
** Flop ** [Qc Th Ac]
DXXXXw checks
kXXXXe checks
KXXpFloppin bets 8
mXXXXc calls 8
DXXXXw folds
kXXXXe folds
** Turn ** [Jc]
KXXpFloppin checks
mXXXXc checks
** River ** [4d]
KXXpFloppin bets 100
mXXXXc folds
KXXpFloppin refunded 100
KXXpFloppin wins Pot (24)
Rake (0)
KXXpFloppin shows [Tc Kc]