I've been reading the "big boy" forums for a few weeks now.  The bears are really patting themselves on the back for their pessimism.  But I think the truth is that they were right for the wrong reasons.  The fundamentals looked solid: more accounts being created at the bitcoin sites and eroding confidence in fiat.  Their bearish predictions turned out to be true due to a vulnerability in TCP/IP and human psychology.  The bottom line is that a DDOS has caused a reset on the price discovery mechanism occurring globally.  I think that from here on, reliability and security will be more heavily weighed in price discovery.  Here's the problem - given an essentially unlimited supply on botnets, anything internet-based can be crippled.  This gives criminals a profound influence over pricing.  Not a good sign.