Oh?! Baidu accepting 1.5 BTC for preorders on a single cell phone drove this market here? Wow, never thought that 1.5 btc could have such an effect, I had better sell all now while there is still hope!
Ignoring the fact that baidu helped the price explode is as ridiculous as thinking that bitcoins are banned in china.
There is a difference between a catalyst and a reason though.