Stupid DDoS and dump attack. To succeed they should have DDoSed MtGox while NOT dumping on MtGox but on Bitstamp.
The market depth there is much smaller and they could have dropped the price by 8$ with the same amount of BTC required
to drop 2$ on MtGox. Now when the spread between MtGox and Bitstamp would have been 16$ instead of the usual 8$,
what would many of us think? Let's dump on MtGox while I can get in front of others, 8$ drop is a big deal.
Dumping on Stamp won't have the same effect. If they can hit the "leader", they can knock everyone down.
The good news, if they did try a DDOS, they failed pretty miserably. Anyway, we are down a little but still in a trading range.
What next?...