how long did it take to go from $10 to $30 last time?

[waltmarkers]

I hope folks are a bit more educated and wont panic sell like last year. I wish my crystal balls worked. Much better infrastructure all round now and less FUD.

Screw your crystal balls - you need to work on getting everyone some brass ones so no one causes a panic.

[finkleshnorts]

Watch Bitcoin Days Destroyed and time your sells accordingly. Anything else is folly.

This.

[Cluster2k]

does anyone remember?

Just a few days.  The super bubble coincided with a bitcoin article in Wired.com and the first popular media mentions of Silk Road.  My bet is many people took the new media interest as a strong buy signal, but as we saw it lasted only a few days.  At the time of the super bubble there were people claiming they would be surprised if we ended 2011 below $100/btc.  We barely stayed above $2 towards the end of the year. 

Enjoy $10+.  Hope it lasts.  Be prepared to dump everything if the price shows a significant downwards trend.  You don't want to sell in angst at $2 again.

[waltmarkers]

does anyone remember?

Just a few days.  The super bubble coincided with a bitcoin article in Wired.com and the first popular media mentions of Silk Road.  My bet is many people took the new media interest as a strong buy signal, but as we saw it lasted only a few days.  At the time of the super bubble there were people claiming they would be surprised if we ended 2011 below $100/btc.  We barely stayed above $2 towards the end of the year. 

Enjoy $10+.  Hope it lasts.  Be prepared to dump everything if the price shows a significant downwards trend.  You don't want to sell in angst at $2 again.

At $2, I don't sell a BTC and I buy another 10K USD worth.

[Hexadecibel]

day traders sell on down trends.

Long term investors just buy more BTC   

[unclescrooge]

day traders sell on down trends.

Long term investors just buy more BTC  

+1

No, it's not like last year.