fun fact:
after the last big run-up&crash in nov. 2013 it took 14 months to fall even below prior ath. and that was including the mtgox desaster.
this time around it took not 620 weeks but only 1 week. (without any goxlike desater)
someone is trying to ruin trust in bitcoin BIGTIME
Our only workable use-case has shown itself to be sort of unworkable. China can clamp down on capital outflow through bitcoin at the drop of a chopstick.