This is not FUD...it's FACT.
Err, you seem to be getting some terms confused here.
Fact: the cost of getting BTC transactions confirmed quickly has risen dramatically since two years ago.
Subjective: this will result in a drop in the BTC/fiat exchange rate.
Speculators can be extremely irrational. A lot of the time, the price doesn't follow any kind of meaningful events like that.
Err..I'm actually just paraphrasing what he said. Make a phone call to MIT and complain to him if you think he's full of crap. What will happen is common sense....if you want to call it subjective, it doesn't bother me one bit.
Fact: the forum has been flooded with complaints and threads on this issue over the past few days as people are making transactions at these price levels...and are extremely disturbed at their experience.