I could give a crap if the Bitcoin drops to $1.00, and here's why.
Let's say i buy 100 BTC at $1.00 a coin, which would equal $100.00 (complicated math). An hour later i'll spend or exchange the 100 BTC and they'll be worth $100.00 (give or take a few dollars). I'm not going to be holding onto coins when the price fluctuates so rapidly and i could lose a lot of money. I think it's smart to quickly buy bitcoins, and then quickly get rid of them before they lose value. Someone who stockpiles their BTC could gain a lot of money as well, but i don't think it's worth the gamble.