I feel pity for the people that sold. I mean, you're in BTC for two reasons, money, and research.
Money: You want to make a ton of it, everybody wants that and we all agree.
Research: You're a nerd, you like cryptography, you're an anarchist, libertarian or any of those stupid labels, you like the concept of a deregulated cryptocurrency and you think it's the future.
So, why the hell are people selling? it's been proven time and again (except the big crash in 2011) that bitcoin is going up.
EVEN if the bubble burst, do you honestly think you'll be see bitcoin under $50 ever again? (Unless there's a major security flaw in the protocol or MTGox gets hacked again) both scenarios unlikely due to the recent upgrades and changes to the platform.
I started mining in August 2012 and I consider myself a late adopter yet, my current profits are bordering 800%
Do I care if I see a retract in gains from 800% to 300%? Of course not! I'm still making money. And most of you are! so why selling?
The way I see it, people here are either making money or "losing opportunities" to make money, which is a fancy way to call it losing money.
Agreed that taking profits never killed anyone, and it's ohh so tempting to sell.
Be wise, be patient and you'll see even bigger margins on your favor.
And that's all I have to say about that.
Death Ill give you a call on you BTC at @$10 from now until the end of time... remember this when we are back to 10,000btc for 2 pizza