Yeah but, 131 is ~1800 coins away. Fundamentally, nothing has really changed.
Yup, true. But slowly up we go... after leaving 131 behind, it should move veery fast.

Oh yeah, there is nothing stopping it after that. I've just learned to be a little more patient with BitStamp. You see how long it took to break through 130, right?

Additionally, it would seem to me there is alot of continued upward push. As bearish as I like to be, I still see nothing but "open road" ahead. Obviously one whale could send this whole thing crashing but as it stands, this looks to have some continued power behind it.
We are in an interesting phase of price discovery. Clearly a lot of coins are disappearing due to being put in a "savings account" and at the same time we are seeing more coins being used for donations, daily purchases, etc. I wonder how much the price will go up just based on more adoption via actual daily usage??? Really, that is an interesting question as Bitpay and the like are going to be doing the instant conversions so will be creating liquidity at the exchanges.
As the price moves up (and at times violently) we are going to see people call tops and sell. Eventually, I imagine there will be a reasonable distribution, but the early adopters will always hold a portion as they believe in the greater purpose. They will further most likely re-"invest" in Bitcoin in a variety of ways - e.g., legal fund, VC, etc.
Just considering the current float of 11 million or so and the fact that the actual float is probably less than half that, I really would not be shocked at any price this year between what we are at currently and even $1000. I don't care so much about the price, but it is still a very interesting thing to consider as we are still trying to understand what this is...
http://blockchain.info/charts/estimated-transaction-volume?daysAverageString=7
Get real , everybody is hoarding as much as they can
How do you equate transaction volume to hoarding? I'm not saying people are not putting coins in paper wallets, but "hoarding" sounds awfully negative.
Now, even if 90% of coins were hoarded, what would it do?
The hoarders wouldn't see any value as they would be holding, right?
The 8 decimal places (100 million bits per BTC) would make it such that all transactions could still easily take place.
Eventually, some stability would be reached in the price as the volume of full BTC trades (as opposed to fractional trades) would go down, no?
The only thing that hoarding does is add value by decreasing circulating float. It doesn't seem to decrease the efficacy of what BTC is. Actually, it just attracts more people.
I just think too much worry is placed on the hoarding scenario.
IAS