That's a bit disingenuous. Bitcoin's price has dropped over 75% over the past 12 months, in a constant decline.
Despite a lot of VC money pouring into BTC startups, there just doesn't seem to be any traction. My guess is that Mt. Gox irrevocably destroyed faith in the system for the "common user", because even the biggest exchange couldn't bother with hiring some security people (well, at least bitstamp seemed like that, what exactly happened at Mt. Gox is still a mystery to me).
Despite a lot of VC money pouring into BTC startups, there just doesn't seem to be any traction. My guess is that Mt. Gox irrevocably destroyed faith in the system for the "common user", because even the biggest exchange couldn't bother with hiring some security people (well, at least bitstamp seemed like that, what exactly happened at Mt. Gox is still a mystery to me).