I dont want to say I told you so, but the price has indeed collapsed since I started this thread at the highs in December 2013.
However it is not over yet. It will go down to single digits and lower (eventually zero is a fair valuation).
If you want a summary of my reasoning read the my first post and this one:
https://bitcointalk.org/index.php?topic=361037.msg3926046#msg3926046