Re: I am pretty confident we are the new wealthy elite, gentlemen.
I am not only holding my btc, but also mine them using cloud mining, and I started buying more since the price is very low. I believe that the price will sky rocket once bitcoin get international recognition and more people start using it. This will take time, maybe 10 years, but it will happen and when it does we (the first investors) will be the richest people. 
Are you mining with CEX.IO or...? I'm currently investing into cex and have about 10ghs, slowly but surely and I'm planing on investing more, price is low atm.
I think the prices will keep going down and down.
I decided to sell all of my mining contract with cloud mining, because it's not profit anymore and I've got ROI so I think this is the right time.
Not a good time to make a living out of bitcoin mining ATM.
I predict the price will keep crashing to a lowest 100US dollars each in a few months time.
It could go down more before it recovers but 100$ is very unlikely amha, it is more likely it will be at 520$+ in 3months than 120$ and even more likely 620$ than 160$