when it was happening the general idea was that it would have no effect on price since we all knew it was going to happen long b4 it happened, it wasn't unexpected and there for "priced in" and that bitcoin was going up for far more compelling reasons.
i agree with this.
and its still true, we all know there will be less coins mined over time, it is infact a reason why people buy bitcoin in the first place (limited supply) therefor priced in at all times.
Yeah, this. It always seemed price in and no real effect afterwards. Oh June 2011 how long ago you now seem. I hope to look back on this summer with the same semi sorta fondness. "Damn that sucked when the expected bubble didn't happen and the price dropped in August. Well who cares since the price is now $25,436!"