Bitcoin probably will have completely run its course by 2013. There's absolutely no reason to believe this is a reversal.
Hi Proudhon, I've seen the question asked before, but I don't recall your reply. Why do you hang out on these threads? Are you short and hoping to reinforce your predictions? Do I understand correctly that you believe bitcoin will completely die in the near future? Are you trying to save those who will listen (though someone always has to hold the bag)? Are you looking forward to some big "I told you so" party? I'm sincerely curious what motivates you.
My guess is that a lot of these folks want to buy in at a good price or buy some mining gear on the cheap. I cannot resist throwing out seeds of doubt in such hopes although I really do have some concerns about Bitcoin's viability in the sub $2.00 range so I tend to resist that temptation these days.
Other people probably got stuck sitting on a zillion scam-coins and hope somehow that their plight will improve if Bitcoin fails. Or they hope that they could ride some of those trains if the pesky old grand-daddy were out of the picture.
Other people probably do have legitimate technical, fundamental, or political reasons for believing that Bitcoin should be bearish (or die).
It sort of does not pass the smell test that people would spend vast amounts of time and energy trying to manipulate opinion for no reason at all even if unemployment is fairly high these days.
