Seeing as how the block reward went from 50 to 25, 24 is the new 12. We're just not there yet and people selling off BTC while the price edges higher is delaying it. They really ought to keep it until 23-24-ish to make the most.
BTC must flow from weak hands to strong hands before higher prices can be sustained.
I keep hearing this 'weak to strong hands' thing. Where does it come from? Does it mean if I bought wherever I bought low and had weak hands but subsequently don't bother trading it does that mean my hands are getting stronger otherwise I wouldn't be able to hold onto them at higher prices? On first impression it seems to be a flawed metaphor appearing to be favoured by those with a 'dog-eat-dog' the survival-of-the-fittest, no-mercy-on-the-losers world-view. Am I close to the mark?