Nanotube,

  I don't see what is going to happen in the future, I look to what has happened in the past. Currently, BTC is priced to high, IMO. We currently can not look at it as a currency but a commodity. A commodity with out price regulation of derivatives. It is the Corn of the 70's, the Gold of the 49's, etc..., etc...  

 I see the argument of the Price is the Price, and agree, if one is willing to pay $7 it is worth $7. But look on volume as to the price, so many take the trade of 1 BTC at $7 as meaning all 6 Million BTC are worth $7. Now, you know this is a fallacy. Lets just try to lesson the hurt, when it comes.