I dont get it, the price drops a little, but the hashrate recovers a bit. Pretty counter intuitive. Looks like many miners dont care about the price at all so the phil wish for the price to drop to low 500 could not help much, quite opposite, the bigger Bitcoin price, the better for both holders + miners.

Edit: deleted offtopic part of this post about ethereum, but I just reacted to the previous discussion here and thought it would be ok, but I agree with phil decission its Bitcoin difficulty thread and altcoin talks belongs elsewhere.