He's right, though.

One big sell off and this will trace back to 7.50-8.00 if not lower

I didn't mean the very next move.  But this is going to pop soon.

I bought ~36 bitcoins today. The first amount. Providing I can send them to an address and it all goes well I'll continue with some more. I'm annoyed the price has gone up in the short amount of time I've been trying to buy them but what can I do? :-(

Long term, you can say that more than 7% per week is unsustainable, but I don't think you can say anything about the short term, without the benefit of hindsight.

I doubt this will happen. It will soon return $5 due to speculation imo. The bubble will burst.

Watch out, many ppl watching this closely with the fingers on the sell button. Coin dump is closing in im affraid.

Nah, let him keep it... in fact, let him keep his guess of single digits by March 2013 as well. It will put the rest of his forecasts in context 

Overdue.  This thing needs to stop for a few weeks.

It's not clear what was done with the US$40k that was stolen but is it possible (likely) that they were used to buy bitcoins with to allow the bitcoins to be withdrawn thus driving the price up yesterday.

i.e. the hacker sent US$40k to some dummy account, immediately converts to bitcoins at whatever rate is available (pushing the price higher), then withdraws the bitcoin.

So this hack might have resulted in some "false" buying pressure. The hacker bought the bitcoins not because they were bullish about the value of bitcoin but rather because it is the most convenient and anonymous way to withdraw the money.