3) We collectively pay miners 7200 BTC per day to secure the network. At $3, that's over $20,000 per day. At $30, that's $200,000 per day. That money has to come from somewhere - and if you're the one manipulating the market to keep it that high, you're the one who ends up paying for it. Unless you have a really good reason why the price needs to be that high, that's wasted money. (A price boom creates a mining boom, which creates a hashrate boom until mining profits reach about current levels; once it settles out most of that $200,000/day gets spent on electricity.) The current level of economic activity does not justify that level of blockchain security.
^ THIS
$15 makes NO sense. The current hashing power is overkill, and a waste of electricity. Mining right now is a zero sum game. It's ridiculous to think that bitcoin has to be valued above $10 to have value.