According to The Independent, the price of bitcoin has hit its lowest point in more than a year after a long period of stability.
The Independent writes things because they're in the business of scribbling--and that doesn't mean anything they write is true or verified, or even reasonable.
I figured bitcoin would break out of the narrow range it was trading in eventually; I just didn't know which way it would break. I had my hopes up that it would take off in a more vertical direction, but hey--markets surprise me all the time. This is probably just a temporary shake out of weak-handed investors, and we'll see a recovery in a month or so.
It's a 10% movement. This is bitcoin. Get used to shit like this happening. If you don't have the stomach for this kind of volatility, maybe you should collect stamps or something.