I mean we're assuming everyone has fiat waiting on exchange to fire on the announcements of merchant acceptance, which I don't as I've met my hodling goals. My second assumption is that the new bubble will be majorly made of up those who owned no bitcoins.
I was re awoken to the woe of not getting my miner online in 2010-2011 when the silkroad bust came through, after some forum reading I bought coins over a miner and have been happy since.