Everyone sees the price jump from 15$ one month to 31$ the next they're obviously speculating that it will continue to rise(which it is/will) and I believe(in the partially inebriated mind of mine right now) that the newcomers are collecting to horde and the old-timers are selling like no tomorrow because they KNOW asic's are coming and that the price will probably tank soon.
How would the entrance of ASICs make the price tank?