People are so stupid. No one cares about your pathetic analysis. You know nothing about this technology, and the reason for the speculation and market bumps is because people like YOU.AKA People who don't understand what this is, and will probably never will. Just keep "speculating", god knows that's what you do best. 
http://en.wikipedia.org/wiki/Tulip_mania
There's always something "new" and "it'll work this time!" about whatever bubble. Tulips, land in florida, dot-bomb stocks, CDOs, land in florida (again, now with air-conditioning!). The current bubble-mania is Commodities, which spiked the price of grain and oil and sparked the Arab Spring. Following closely on the heels of food is the student loan/for-profit-college bubble which is at it's early stages.
Bitcoins are as non-bubbly because of their "technology" as petsovernight.com was.