That's quite a strategy, isn't it? I hated his harsh words pertaining to btc being a fraud and all but I don't hate him. His words (in time with the China news) may have impacted the trend in a way. But then again, if you'll notice how happy the traders are with the recent dive you'll understand. If you're a trader then this past few days are "the moment" to buy in more. And admit it or not some of us here are happy traders too who benefitted and took advantage of the moment to buy more coins to trade for the coming weeks.
We certainly see some recovery happening, but I am afraid that current situation might be only a first stadium of series of crashes.
The current crash was caused by JPMorgan and ICO Ban in China, but what do you think will happen after China will cease all Bitcoin to yuan trading activities?
I am worried that we will see another wave of price crashes by October's end when Huobi and OKCoin will halt trading yuan-BTC pair.