Even though we’ve seen quite a bit of an increase in price and less market fear, I’m not willing to say the bottom is behind us for this cycle. Especially with the mtgox coins still to be distributed. I am however fairly certain we’ll know for sure if that was the bottom by Halloween. I think come The Day of the Dead (El Dia De Los Muertos) we’ll have already seen the market bottom for this cycle.
Yeah, that coins though, I mean when it is distributed, I'm not seeing those people not selling it for a price. They have been waiting for so long that the moment they got it, boom, sold-off.
So we need to monitor the news about when the distribution is, observed the market. If there is no effect then good. But if the market falters then we should take advantage of the situation and buy again.