Hacks turn out to be good buying opportunities as of recent
So if some major exchange like Kraken or Bitstamp (or Bitfinex again, though I don't know if it counts as a major exchange nowadays) gets hacked, and the price plunges to, say, $700, don't hesitate to buy back what you sold at $900 per coin. In respect to selling right now, you can always sell a little and leave a little just for the case the price continues to climb. As I said before, we can only know it retrospectively if the price was high or low. If the price hits the $1,000 mark tomorrow or in a week (which is quite possible, to be honest), today's prices won't look really high
Well, 900 dollars per coin looks very cheap now. But such prices were thought as high just about a week ago, though this doesn't mean that we can't crash way below $900 (easy come, easy go). It would be particularly interesting (as well as profitable) to see at which point this pump will finally turn into a dump (kinda looks we are going for the second top presently, if you know what I mean). It seems that quite a few people had got fooled into this rally expecting it to end sooner rather than later, and ultimately became cannon fodder to the market and those who are manipulating it...
There can be only few
why we didn't crush when we were at $600 for example? i don't think bitcoin is only pump and dump at this point it look very solid and stable, if it was like you said it would return to $200 but instead it went very high and it's going even higher, i'm convicted we won't see $900 again, new bottom will be $1000 very soon