What I was trying to get at is the difference between the subjective value each individual market participant gives to bitcoin, and the objective market price that we can see on any exchange.

To me the bitcoin value is well above where it trades now, and it is pretty stable there. Today's events didn't budge my subjective value at all. And given the low turnover of bitcoins in the markets, that seems to be the case for most bitcoin holders.

So in that sense, whatever it does in price in these historically low regions is irrelevant to me. If I could buy more I would. The market price is where the amount of bitcoins sold matches the amount of bitcoins bought. It says little about the other 90% of bitcoins that don't leave their coffers.