I second this. Can someone wrap it up. The building my office was in burned down yesterday (~10-15 BTC in casascius coins lost in the fire, among other things)... so I wasn't able to follow.

More and more am I starting to believe that BTCChina is (for a large part) fake.

- Their volume reports are ridiculous. On the 3 minute chart they have almost exclusively 300 btc per candlestick.
- The whole rise-up at BTC-China seems orchestrated. Every sharp rise is nicely crafted into a short dip which then recovers in order to make others believe that it's safe to buy

And most compellingly

- During the crash the volume stays _THE SAME_ throughout. There is a sharp drop, but no panic selling at all! The volume is constant. This does not make any sense to me.
- Notice how every downward candle towards is also attempted to be caugt immediately - many many intermittent recoveries during a crash. It just doesn't make sense.

It's almost as if the whole exchange is scripted to make fake orders to amplify any movements seen on Gox. Zero trading fees would allow this.

=== I'm just speculating here ===

CAVirtex is getting DDOS'd and is massively lagging. The price is also crashing HARD for some reason.

I made this one for you, so we can talk again about the wave we ride on.

love it !

He says as a minor correction comes in again...

China waking up, prepare yourself

Says the man with the large sell order just above the current ATH....