Meh .. It won't go anywhere if China-based Exchange website goes down one by one as we see those days . this can cause a huge dump . but the only thing for sure is that the price will rise eventually when the next halving reward happens in Early 2017 .
to be honest this trend is pretty actual for the rest of the world aswell. One by one exchange services are shutting down all over the world.
Whole world ? Most of them are only from China , I guess that the goverment is just finding execuses so they ban China forever just like they did with Gmail , Google etc ...
Bitsmap got hacked but didn't shutdown , they simply implented the Multisig so they get more protection .