Observation is that pretty much nothing crashes the price of Bitcoin.<p>* During the transaction spam DDOS attacks, the price went <i>up</i> even though it was literally unusable.<p>* The present price seems sustained by something that looks very Willybotish running between OKCoin and Huobi. <a href="https:&#x2F;&#x2F;www.reddit.com&#x2F;r&#x2F;Buttcoin&#x2F;comments&#x2F;3vnjgk&#x2F;what_drives_the_price_of_bitcoin&#x2F;cxppd46?context=2" rel="nofollow">https:&#x2F;&#x2F;www.reddit.com&#x2F;r&#x2F;Buttcoin&#x2F;comments&#x2F;3vnjgk&#x2F;what_drive...</a><p>The remaining American Bitcoin traders are certainly gullible enough to keep buying and trading a 51%-compromised coin. (I mean, there are people who <i>still</i> think Paycoin could make a comeback.) But American traders are a sideshow - all the action is in China (miners, actual traders). So the question would be: will Chinese speculators keep gambling on a 51%-compromised coin?<p>(And of course the MMM ponzi buyers, whose judgement is sufficiently bad that they wouldn&#x27;t even understand the problem.)