With $1000 in the not too distant future and the ensuing sell off (I'm sure many consider this a psychological target to sell 20-50% of their bitcoins for profit, if only to re-invest after the drop).
The question is: after $1000, just how far do you think BTC will drop back? Could we see the days of $500 from August again, or are we stable above $800-900?
I would welcome the "days of August of $500" again. Please let it happen, I would be very happy to pick up those coins and add them all to my cold wallet. Bitcoin has been proven time and time again that it has not reached its full potential value yet. The dark markets is a potential billion US Dollar market with Bitcoin in the middle of it all, supporting it. Where do you think Bitcoin's price be in 5 years time? It will be higher than it is now.
there are many traders that will welcome a lot higher low prices (such as $800, $790 and $750) with all the money they have. so be sure your dream of $500 days will never come true since the buy support is pretty strong and growing stronger each day.