I am going to clarify my previous post: if one huge $-whale would buy the whole 600k BTC, then he won't dump all at once.
But if 60 $-whales would buy each 10k BTC, then it will be a race to the bottom, the first ones who dump will get close to the market price.
The last ones, something close to 10$, or whatever the bottom will be. But don't panic yet, there should be plenty of time left.

For me, the big question is, will the feds sell one 600k wallet, or will they split into let's say 60 x 10k wallets?
I mean, IMO they won't get many buyers (at market price) for a 600k wallet, if market price will be around 1k$ / coin by then.

I believe the upcoming drop won't last more than 3 - 4 days, and after that we'll see the second sub-wave of wave B (price will go up for a while).
We are still comfortably away from capitulation, when that moment will come I'll post a warning.

It IS a re-enactment of June, but with lower seller pressure.

AFAIK EM is trading on BTC-E, and while he can be rude, IMO he's not a troll. But in the bull section of the forums, he just looks like one.  

Stop bitching about low volume on Gox, during the next couple of days there will be plenty of volume. 

Yes, good one! LMAO here too! 

If it took the feds so long to get DPR, then how long will it take getting hundreds (maybe thousands, I don't know) drug merchants?
This may have an impact 6 - 12 months from now, by then the BTC market would have moved on, while other drug markets replaced SR.
I am more interested to know when will the feds sell the confiscated coins, that could have an impact on the market.

PS. I forgot that this is the bearish scenario thread, so I have to post a bearish image. Enjoy, if you can understand where we are. 

OK. Quoted for future reference.

IMO by the 17th we could be in the 135$ - 140$ range, but that's not even close to infinity. 

Yes, as much a coincidence as the SR news with wave A. Strange, but can happen.

Are you serious when stating 'a break out is imminent'?
IMO a significant drop can start in 1 - 2 days, to end the first sub-wave of wave B.

A rational person doesn't need TA to know that we are clearly in a bear market since the 5th September.
It's a funny one, with limited seller pressure, due to the relative scarcity of the coins and also a bullish mood.
So some of you may have trouble recognizing the EW patterns, but they are there.
The gist of the issue raised by EM is what will happen after the 5th sub-wave of capitulation?
Will the price be in the 80$  - 90$ range and a new bubble period will form, or will the bubble
deflate completely and the price will reach 50s, maybe even 40s? IMO it depends on how many
of the 'missing' coins will reappear in the market during capitulation, with the intention of cashing out.
But cashing out of Gox is still a problem AFAIK, so as long as Fort Gox 'works' this way, the complete
deflation scenario seems unlikely to me. During capitulation the price should drop by about 50$,
IMO only if if drops a lot more, then EM's scenario could be close to the truth.

Many people don't understand that the SR shut down was only the catalyst of the crash.
The market was primed for the crash, which was Elliot wave A. Now we are in the fake return to bull market (wave B).
If the Gox market sticks to its memory, we should see a drop to the 115$ - 120$ range, followed by a rise to 135$ - 140$.
And then, of course, we'll start capitulation.   

Really? Then I missed some nice action. Bitcoinity intermittently showed Gox as 4 - 5 minutes lag.
Bitcoincharts has been also malfunctioning, which drives me 'half blind'.

I don't mean immediately. But there's the potential to drop again tomorrow.
Right now the price has peaked and I'm curious to see how low will the limited drop be.
Should give me a hint about the final bottom.

If we hit 110$ once, we can hit that low again. I hope Gox won't lag anymore, so I can trade without worrying about my order being 5 min late.

Well, good for you! I didn't dare to trade in this volatility because I saw occasionally up to 5 minutes of lag on Gox, too risky for me.
IMO the fall isn't over, it will continue for one or two days, and right now the bid sum / ask sum ratio still points below 115$.

Turns out I was kind of right by accident (the SR news). Due to somewhat low volume, the drop should have started
on the 5th, 2 days later than I predicted, and although I expected it to be turbulent, I didn't imagine it would be that turbulent. 

All large drops lasted 2 days or more, and this one should last until the 4th October or later.
IMO that buy wall will be eaten, maybe not soon but it will.

PS. What happen to the buy wall?

Dead cat bounce. This is far from over.