Yeah, I think DeathAndTaxes has it right.

Certainly the collapse of BTCST has probably reduced the influx of fiat, but I think by far the largest chunk of that would be from existing bitcoiners; I'm not expecting large outflows, even if Pirate does make significant payouts (which I don't expect).

I see BTC being stable at $10-$11, short term. I don't think we're going to see a continuation of the bubble-licious behaviour we had immediately prior to the correction two weeks ago; at least not for a little while.