Supply / demand - the main exchange doing 90% of business has frozen a massive chunk of bitcoins for days now.  With the supply shock, why hasn't the price exploded? I mean if bitcoins are hot the few left around should be trading gangbusters.  Could it be there is no underlying demand at this stage but speculation?  So basically what i'm implying is that the people at Mt Gox were selling to each other mostly with a trickle of miners.

Does that tell you something?  If you want this to succeed you need vendors.  I think the cash that's poured in has gone to the first holders of bitcoins and I think I'd be very careful given there's no boom in the underlying demand.

Because if there is no demand we are about to see a supply FLOOD when Gox comes online.  So unless you all start trading with each other, add the miners new coins, where's the new cash coming from?  Vendors are taking it OUT if there are any.

How do you guys see it?  I'm calling it a great idea that's become a casino, partly due to the distribution curve its tracking on.  

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PS all comments on crap spelling and grammar are welcome - both have no intrinsic value