Short: lots of people not wanting to deal with "probably stolen" bitcoins, selling them, making the bitcoin's value drop, and so on. Then, 250 000 bitcoins robbed:
- will be worth nothing if nobody want to pay for them
- still is illegal
And if the crash would be "just" to @5 then what? Is it some hacking or bubble bursting?
What if @3 ?
Here it happened, first it was drop to @10, then @5 then to @1 and so on.
There are more people involved then the @0.01 guy.
I would buy like hell if the price would drop to say @9, and most people on this forum would. With price @1 I doubt anyone would not buy (unless he started to think the entire bitcoin thing collapsed overall).