Keep in mind that as BTC is being traded @ $1000 there are hundreds if not thousands of new bitcoiners buying their very first bitcoins @ that price "$1000". These new Bitcoiners are the ones in turn of holding the flame and they wouldn't pass it up until the price reaches $1500 if not $2000. This is what really was going on over and over again. Whenever there are bears falling there are much more bulls joining the game. It does't matter which station you are going to take off, there are always someone taking your place to the next station.

Bitcoin true value can not be evaluated in money. Bitcoin true value is in what money is trying to evaluate. Money has proven to fail in such complex equation. Bitcoin is solid enough to replace money and gold.I understand that its too early to make such statement in 2013. In this case lets add one more statement: There is nothing that can hold BTC from being traded for $1,000,000. It all comes to how much its being used. It is being used now and in 2013 in general much more that how it has been used in 2012. There is no doubt that in the coming couple of years the number of Bitcoin users and services will be multiplied by at least 100 times. So it is ready very possible that BTC will reach 10,000 in 2014.

I still remember the days BTC was being traded for $2 then 7$ then 15$ then 35$ then 90$, .....

If you look just one year back: in November 2012 a lot of Bitcoiners cashed out @ 22$ to 50$ thinking that it wouldn't get any higher than such value in 2013. Guess what? Its November 2013 now and the price has advanced 20x. Oh yea $10,000 per 1 BTC in 2014 might happen in just the first half of the year.

Are you still thinking about cashing out?

By the way BTC @ $2000 today is almost the same as BTC @ $2 two years ago. I don't think that BTC will ever be traded lower than $2000 in 2014.