I will also explain it to u in once setence: CHINESE AREA NOT ALLOWING BITCOIN TO CORRECT/BOTTOM UP PROPERLY, THEY ARE EXTENDING EVERY DAMN CAPITULATION AND MAKING YOU ALL BANKRUPT.
Untrue. Doesn't match the market sentiment that I observed in China. And calm youself down, the price will bottom up, give the market some breathing room and don't let emotion carries you. Cheap coins aren't bad, e.g. it avoids the public impression that bitcoin investors are insane, buying at the bad news (MtGox), and it gives some room for MtGox's bidder to build portfolio. And even if your reason is correct, your wording better be "with China bitcoin is turning into ...", because China is too big to be personalized.