While I think the 1000+ in a couple months might be much if we simply are back onto the original exponential trend line, I do believe we will start climbing and continue upward was all this is behind us.
hummm so sell now and take my losses and go lick my wonds.....damn i just bought ten more at <100 stupid!!!??!?!?!?!?
Thanks though, I like your optimism in general. glad to see not every bull went to bear:)
I actually bought quite a bit at 100 also. 100 even seemed to be holding this morning after STRONG sell volume, and there was some strong buy volume happening right when Gox trading halted. I don't know the future but after the next couple days pass things may start to look up, and the correction could be over. OR it could be weeks, months, who knows. I'd still be a general bull though, but I go semi bear as things drop. I'm kinda bullbear... or neither I guess, just try to be reasonable. But I can't stand FUD, and overall I think there is a TON of money to be made whether 100ish is the bottom already, 60ish, or wherever. I was there during the 2011 crash and felt all the stress, but when $2 came along everything changed, hahaha. Bitcoin will live. But there will be an opportunity it make back any lost money.
What are you planning to do when the exchange opens, short?