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I've splurged on tiny things and donations over the years with my old CPU-mined bitcoins. I'd completely forgotten about my wallet until things started getting crazy at $300 a week or so ago (was it that short?).

I was lucky enough to find 1.02BTC still sitting there, and now I can only hope that I can get Coinbase to verify my bank account before anything pops.

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I too have the feeling that this is the peak but when I think about why, I don't have any reason other than this is the highest price to date. With a relatively small total valuation you're susceptible high volatility. Bitcoin has had lots of peaks and valleys but over its brief history. But, the peaks have always been higher than the valleys. Is there any reason to suspect this trend to stop? I think the underlying driving force for the overall increae in valuation is the adoption of bitcoin as currency. As far as I can tell, this is increasing pretty rapidly and will most likely continue increaseing.

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