I think someone is going to have a really bad time with that market stop order...

I dont know why people do such terrible use of giant market orders there. Both up and down.

This is a good time to sell if it you missed it the other day.  Or if you like to gamble, it might be good for another $40 rise.

Idk I expect some bots to freak out if/when that H1 ema crosses. Might be good for another $30. Then straight back down after that of course.

But you can't see all the wisdom.

Much psychology. Many trade.

Such China. Much rise. Spectacular volume. Wow. See on you the moon.

Here goes again. All exchanges following btcchina's movement on 200 coins of volume. What a joke.

FTFY I fucking love daytrading. I live for crash days!

I thought it was the hours of sleep and socializing that I had lost.

I thought it was China that brought us out of the silk road crash too.

It all needs to start with a full capitulation on Bitstamp, acting on it's own without following btcchina. Volume needs to be found again at it's natural level, and then there needs to be a rise on consistently high volume also.

What if there was never any volume to begin with, and it was all fake volume in China, followed by a bunch of volume in the west consisting of bots and traders following btcchina like a zombie, and the actual amount that has entered the market by VCs and new blood is maybe $100M or $200M.

I'm ready for the launch.

These would be people not already familiar with bitcoin.

1. What are some good places to buy xmas present with bitcoin. Will they ship in time for xmas?

2. What is the best way to give someone bitcoins for xmas? I'm thinking of like an e gift card that pops up with a cute personalized message and links someone to an easy way to access their bitcoins.

3. Would it be bad taste to give someone bitcoins while it's crashing? Like "hey you might see the value of these of drop by half in the coming weeks but if you wait out the volatility, they'll probably rebound and then achieve even higher levels. The revolutionary currency may reach above $10,000 but for now they are on a steep decline. I know I just wasted money but bear with me here." ?

Would it be bad taste to give someone bitcoin as an xmas gift while it's crashing?

We've seen in April/May/June that walls that walls of any size which pop up in front of a downtrend on low volume will be filled. At the peak of the second bulltrap in may on gox there was an 8,000 btc wall at $127 which popped up after the trend had already reversed from $136. It was filled along with about 30K of orders beneath it in a giant market order, and the downtrend proceeded to $66. On the way down there were also a variety of 5K - 20K btc walls that came into the play.

The walls are of course a bullish sign that there is demand from real investors and this may be a fair price. However, people are mistaken to think that it will stop the train.

On bitstamp (not including bitfinex orders):
10k btc to $500
20.26k btc to $400
34.24k btc to $300

On gox:
19.75k btc to $500
38.14k btc to $400
54.55k btc to $300