OP: "derp 1 crash derp game over derp bitcoin dead"
Haha, that is not what I said at all. I still think bitcoin is here to stay and eventually it will head "to the moon"... but a common sentiment around here was that 2014 would be the year of bitcoin, which I'm assuming means the price will continue to rise from last year's momentum. I just don't see that happening yet. I think we're gonna continue in the $700-900 range for months, maybe even for the rest of this year.
No, nobody knows what will happen this year. I personally think that we are in for a hell of a bumpy ride with all the new regulatory attention to bitcoin, but if we play our cards right we'll be heading for the moon. I'll buy til' the end.
OP, you do as you wish, and I hope that this year proves you wrong.
All I am doing is holding, trading alts to increase my overall BTC count, and buying small amounts when it falls below $650. Like I said in the OP it was $635 when I was writing this and it's been up since then. Seems like there's still a strong resistance at the 650 mark which is pretty impressive considering all the shit going on.
It hasn't started that way, but still there is more then enough time for it to end that way. I mean you never know how it will proceed from here. It could get a lot better, or lot worse.
That's true