Dang... It hit almost $6 today.... will this drop ever end? ~$2 in 2 days .... what the heck is going on? Is everyone pulling out? This feels like a big sham!
No, everyone is not pulling out. In fact many are coming back in. What happened today was simply traders selling due to continued downward trend, miners selling who couldn't wait anymore and Mt. Gox owner also reported that a significant number of stolen coins, or what they think are stolen, were sold today. They don't have enough proof to do anything about it but still.
And I forgot to mention that some have probably also panic sold and if $6 breaks we will see way more panic selling. But that's not a smart move, speculators are just hoping for people to panic because then they can buy in when the price is super low.