> At some point, all of the serious speculators will have put all their money into the coin, and they will be looking to cash out.
You are assuming that the price rise is due to short term speculators looking to make a quick buck. I think a lot more people are buying into the philosophy, politics, and revolutionary technology and won't be so quick to sell.
I think that most people buying know fairly well that it can crash, so they dont acquire more than they are willing to loose completely. So in the event of a crash, they are not necessarily going to sell, they might just keep them around in the hope that it will go up later.