not all downs are crash.. sometimes there are traps.. :p
So far... every down in Bitcoin has been a trap. That doesn't mean this will hold true in the future.
meh, I wouldn't call the crash in 2011 a trap, if you had the HODL philosophy back then you'd lost the opportunity to rebuy at the bottom, and it's not like it jumped quick, it took more than an year to recover...
what makes me really worried about the current b- (may I say it?) bubble is that people who bought now are basically buying because of le magic money/to the moon!!!1 meme, this is a get rich fast scheme, they aren't truly believers.
I think Q1 of 2014 will be bearish, but after that it will be super awesome: bitcoin will turn a hipster thing and many companies will want to look cool and modern. and use it!
btw happy xmas!
