There is zero chance of Bitcoin plummeting to $10.

We've had all the possible bad news we can receive; drugs, chinese goverment, mtgox, the list goes on and on.
Nonetheless after the great 1200, it stabilized well on 800ish.

We can see this pattern if we look back earlier in 2013 when it hit another all-time high. It stabilized again as well.

If we look back on Bitcoin's price in the history and it's growth together with potential growth, then claiming Bitcoin will hit $10 is the most ignorant statement ever made.

But yeah, gotta give these PhD's a break right, because all these great minds predicted that the Internet was a bubble too and nobody will ever be using it more than the fax-machine, this was stated by multiple Nobel Prize-winners.

It is most obvious we live in new worlds now.