I would rather see a slow rise in temperature rather than spike and crashes. Slow growth and low volatility is great for convincing merchants to get on board, and merchants are ultimately what we need to sustain higher prices.
I consider it a good thing that the idea of sending a huge amount of funds (fiat or BTC) to MtGox is a scary thing at the moment.
but having a good amount siting on the exchange is not a bad idea, use it in times like these
buy buy buya slow and steady ride up has been going every since 4$
the trend is new ish and slow, it will stay on the up side is 5-8 $ for years.
investing now means 5 years from now, you see Gains!
buying low and selling high is the plan,
we will continue to push on up IMO till 8$ in about 1-3 years?
after that its any ones guess
maybe a equally slow decline back to 5 until the next big bubble?
1000% gains in 3-5 year is still a good possibility, it depends on the overall success of bitcoin
in 3-5 years their will be all kinds of new "online money, you can spend on your cell phone..." but bitcoin will be regarded as 1# with 90% of market share
we just have to do the secret!
do some thing every day that bring us closer to our goal,
Decentralizing World Domination! BITCOIN FTW
