Let's be honest, the technology behind it hasn't evolved much from a user's standpoint.
technology for 99% of the rest of the things in the world has not evolved much from a user's standpoint. but that doesn't make any of the any less valuable than they are as long as they have their usages. and bitcoin has a lot, and lots more potential to it than you see. and this potential is still raw and as it is reached the price grows.
I'm more than satisfied with the current price, but I think it has a higher chance of a huge correction than to go up.
there is a bigger chance for a slower rise than a bigger rise.
there is a much smaller chance for a big fall that lasts than anything else.
in my opinion we will continue seeing the same speed rise for the following 6 months at least. and nothing will change with how price rises, we will have the big ups then some FUD and a 30% crash before it jumps back up again. and after 6 months
only if we don't get some big news like this year, the price will slow down for a while but it will still rise.
So I'd be happy if it remains at this level. Anyone else in the same boat?
sorry but bitcoin is not known to be stable for this long. the longest time of stability that I can remember was back in the time when price was at the bottom after MtGox at $230 which lasted about a month and even then with that kind of stability we had 2 big things: 1 drop to $180 and 1 rise to $250