30 billion is a rounding error in world finance so saying you need sound fundamentals to back up a currency worth 30 million for a month after a crash is silly.

30 billion is a rounding error in world finance so saying you need sound fundamentals to back up a currency worth 30 million for a month after a crash is silly. Bitcoins's apparent stability over the last month simply means people are not willing to sell them for less than 1/10th of what they where worth a few months ago which may or may not be rational but means little.