I agree except for recent hours where it exhibits classic pump characteristics.
Exactly. People learn from their mistakes. I know I did.
The bitcoin/gold analogy is accurate. Despite bitcoin's lack of acceptance and usage it thrives as a store of value.
I use bitcoins exclusively for a store of value and I bought back when they were 200-600 each so I mean, I'm not too worried if there's a correction at this point. I'm in for the long haul. I think if a lot of people don't get burned from a huge dump then we should have a lot of newcomers this time around. That'll help sustain the higher price. The mainstream media is definitely reporting this at this point so we're getting more greedy people interested too that are really too late to the game but hey, another few hundred added to each bitcoin is fine with me.