Admittedly, the rhetoric was nonsense, but no less so than claims of a tulip mania and ponzi schemes. You're certainly entitled to your own speculation, but to use buzzwords like ponzi, not only shows your opinions as anecdotal, but also a stubbornly ignorant understanding of BTC altogether.

No, of course Gox won't pay out millions of dollars - they can't pay out now. Though, it is true that any other exchange is likely unable to handle massive cash withdrawals on a massive scale simultaneously. Even so, you do understand how an exchange works, yes? Gox, for example, isn't buying your coins and giving you cash out of their account (if one existed) ..if I sell $2 million worth of BTC on an exchange, it means that another individual has bought, and paid in, the necessary funds. Further, if BTC should ever reach $1 million, a person would be buying goods and services directly - no reason to exchange into a different currency, particularly one that loses value as you hold it.