There are two possible scenarios:
1. MtGox survives and allows btc withdrawals: people will arbitrage their mtgox coins on other exchanges and the prices will aligne somewhere in the middle between all exchages: something like 300-400$
2. MtGox files bakrupcy: people will lose trust in bitcoin and will sell: price will drop something around 400$ (hard to say)
This is precisely how I see it.
This is utter bullshit. Grow up (in your Bitcoin knowledge). Bitcoin is not a stock. It is a platform. And while you and all your buddies are sweating all day hunched over your computers to try and make $15 on the highs and lows, the rest of us are investing in whats actually being created, and not stressing over some bad news. Bad news is irrelevant. Speculation has a negative connotation. Call it what it really is: Confidence in the technology. Your confidence is in your charts that you used for Google stock. This is why your'e all freaking out and terrified right now, while the rest of us are relaxed. Fortunately as *ADOPTION* increases, and the volatility decrease as a result, you all wont have enough highs and dips to warrant sticking around, and you'll go back to your eTrade screens.
-B-