Seems that this was a self-fulfilling prophecy:
$0.115 never again, takers?
Reasoning:
I have charted the spot_price/ATH price over Jan-Mar, and I think the rally has already resumed. You can offer to bet with quite good odds that we will never cross 0.95*previous_ATH. And you win the bet with a surprisingly good probability. Chart it yourself, lol. I almost always bought at ATH during those months, since it was the least risky entry point.
The supply of people that think that we are in a bubble/denial/bear market/correction/consolidation/younameit is dwindling, and it's dwindling fast. Especially their economic share of the market is about to be crushed if they do not buy back soon.
Do you still see the people that sold out in February? Where are they? LOL, they made their $10k and are out for good. The next time they will hold bitcoins is when they receive their salary.
I had a morning meeting with Roni, explaining to him, that there is no resistance left anywhere in the price going up. No level above $0.15 saw any large volume action. So if you think:
A)
bitcoin is a bubble, sell to the strength. I would suggest selling with a predetermined schedule, such as 1% of the remaining holdings per month, or 10-25% every time it doubles.
B)
bitcoin is going to $300/mBTC, hold.
C)
what is bitcoin??, buy with all your funds that you can afford to lose.