You are the biggest moron!

21 billion bitcoins? really? And I need to get my math right before posting misinformation!

12,456,475 bitcoins in circulation divided by 700,000 is 5.6%.

Well, la de da, I was 1.6% off. Didn't really feel like getting the calculator out, but since you insist.

Minus 5.6% of the total supply, and if those mtgox people want there coins back, they'll have to rebuy. What percentage of bitcoin will they rebuy? You will then have to add that to 5.6%, for the increased valuation of bitcoin. If in theory, mtgox people wanted the whole 5.6% back, then the value of bitcoin "should" increase 11.2%, not withstanding the effects of lost consumer/investor confidence in bitcoin in general.