In the speculation threads people are crying over the drop in price as though 'this is the end'. I'd like to point out that while Bitcoin might have been driven primarily by speculation in the early days, that has changed significantly. At this point, Bitcoin infrastructure development (ASIC's, Services, Conferences, Technology,etc...) is growing at an ever increasing rate. This is how those nervous Bitcoin holders should be pricing the Bitcoins in their hands. The 'machine' of Bitcoin is getting only larger, more international, more decentralised.
Measure the value of a Bitcoin by the infrastructure and people behind it- and it's only going up. How many conferences/meetups are there this year? 10+? It's incredible. I couldn't be more excited.
If we already have adequate infrastructure, additional infrastructure will add little value. In order to increase the value of bitcoins, we need to get bitcoins into the hands of more people, and encourage people to use it rather than converting to fiat (if possible).