It's typical Stamp behavior that started ever since the rally from 100. Someone dumps deep into the book and then nobody notices or cares, the bots fill in the space which never gets touched again, and it actually becomes something bullish that causes a small rally above where it started.

bitcoinity.org/markets
trading.i286.org

I like to observe the action on btcchina and the walls at gox while making my entries on btce and bitfinex which lag slightly. Even then though it's difficult to get the exact bottoms like you say. When things are moving fast and there's a large enough reward on the table, I don't play around over a few bucks trying to place bids exactly in front of walls etc - theres no time for that - I bid where I will make sure my order is getting filled - Even if I am $30 away from the bottom its much better than missing the $150 train. Market orders are worth it many times. I mean buying the ask. Bitfinex has some nice deep asks. But don't ever do an actual "market order" on bitfinex because bad things happen.

I think the collective of newly wealthy bitcoiners with fiat sitting on exchanges, alone, is enough to buy out all of the bitcoins at $50 or so. $10 would not even be physically possible, without some change in fundamentals. I don't even see 300 happening. Look at all the orders at 400-500.

When I'm doing hardcore rapid daytrading during a crash I don't use emas for my entries. I use the order books and volume.

5 minutes for quick in and out movements
15 minutes to denote the local end of a sharp crash for the day
1 hour to predict a nice breakout.
4 hour to go all in
1 day for da cold storage hodling

The 4 hour and daily chart looks terrible, but meanwhile there are all these giant sexy walls on gox and stamp. Cmon let's see this final capitulation already so I can buy and hodl (and start sleeping again).

Stamp. 

Well it started out as a greeky hobby and turned into 'I should be a millionaire within a year but I should probably do it soon before the system collapses' so it's become very important and time consuming (I trade).

Actually the green line is a sideways price chart.

Oops I'm talking about the guy withdrawing cash.

This is the the multiday trading range & slide into the crash before the actual crash, like last week.

I guess these are all the coins that were bought on btcchina yesterday and the day before.

You're not worried about missing some phenomenal buying or trading opportunity? At what point do you deposit back and how do you deposit quickly enough to catch the buy?

Why cash out specifically? Are you so bearish you think the exchange system is going to fall apart or start stealing too?

New investors.

China.

No, I believe "downtrend until western exchanges regain pre-China volume levels and support the price on their own". This could very well be higher than the previous low, or could be lower.

Apparently loaded has not taken care of all the sellers... Are you still in China???

But it looks like mtgox may be starting the decoupling.  Then again thats what I thought when this exact same thing happened at this point last week.

You're right. I don't see the dollar over going to $0. Historically it's stayed flat at exactly $1.

Nostalgic memories of gox days where 5K walls were normal.