Because it's irrelevant?
No man... it's not irrelevant... it's the basis of the entire experiment. If it falls to pennies or lower... it's game over for all of us...
I think you've misunderstood Bitcoin. Completely.
This price of BTC is irrelevant to its function as a currency. If you believe it to have been an investment, that's your gamble.
+1
Let's get on with building a better currency and dump the "investors" who keep watching the daily price and imagining they'll soon be rich. Send them back to Wall St. What Bitcoin needs is price stability.
What we still need is easier ways to get in/out of Bitcoins worldwide. I'd like to be able to send BTC to someone in another country without them having to transact back into a (US?) Bank and withdraw thru their ATM. We need a worldwide network of walk-in exchanges much like you can walk in and convert US$/YEN/BAHT/...whatever just about anywhere you go. The biggest boost would be for agents like post offices to handle BTC like they do Western Union/Moneygram or similar transfers. Can you imagine worldwide instant money transfer without ripoff 5-10% fees?