Waaaay too early to call the bottom yet. While I do like the fact that we bounced off almost the exact bottom of the mid-late november crash, there is plenty of pent up market frustration to still be released. This being the bottom, however, would fit quite nicely with the progressive shrinking of bubbles (32-->2, 266-->50, 1240-->455) = (93.75%, 81.2%, 63.3%)

FWIW I tried explaining bitcoins to a bank manager in Malaysia yesterday. All was going well until I told her what the current price was and you could tell she had lost interest. If BTC/XBT hits $1K then human psychology is going to kick in as a barrier to acceptance for the average Joe and Jane.

Let's compare apples to apples.  There are about 10 billion ounces of gold in the world.  Divide that by 21 million and you get that the final supply of each bitcoin equals about 476 ounces of gold today.  A Satoshi is 0.000 000 01 bitcoin, so it is equivalent in supply to .000 004 76 ounces of gold. 

.000 004 76 ounces of gold might sound small, but the equivalent value of that amount of gold at current prices ($1276/ounce) is .6 cents.  That seems oddly close to a reasonable base unit for a currency to me.

Coincidence?  I think not.  Satoshi knew what he was doing and probably based the final supply and initial divisibility off of similar calculations.