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RE: Does this kind of trading activity look familiar to anyone else?
Your first sentence is the problem you claim media is responsible for. YOU are the one saying bitcoin will kill the market.. Think before you write. People read your first and last sentence and move on. So what most take away from your post is: "Bitcoin is dying and killing the market. We'll pay for it eventually"
Good job, you've become the problem.
On another note I do believe BTC needs to die so other, better coins, can take over. Slowly we are seeing more and more ETH/XXX pairs in exchanges. This opens a way for people to buy something else than BTC to exchange into different coins. I'm not saying Eth will be the final coin to take over BTC, but it shows the move towards better and faster options.