I have a few bitcoins on mtgox, and for the last few weeks have been playing it to reasonable success, in total I had made a profit of some 5 bitcoins until today.
I had expected the drop in btc price to continue until something had changed the market, a new service with bitocoin or some bit piece of news.
Last night I set a sell at a little over $0.80, and a buy at $0.76. On arriving today I see that I did indeed have that sell order filled, only to find the price has jumped through $0.84
Why oh why???
And then I see it, my Black Swan, the slashdot article.
But I ask "wait a second, slashdotters can't have gotten funds into mtgox that quick" and realised that it was those evil speculators who are responsible for this rise
![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
Anyway, I'm holding on to my cash until the price drops down to at least $0.80, no sir I'm no solidifying my losses.
In the short term, unless there is a huge influx of new users(buyers) into bitcion or the market has something that seriously changes things then I expect the price to continue to fall.
Want to prove me wrong? Offer some more goods or services for bitcoin to grow the economy!