What is the reason for all of a sudden price dropping???

[thecast]

Its just market noise, overall price is always up.

[hannscryo]

Don't be afraid of these short term price jumps/drops, bitcoin will be worth much more every year that pass.

[Damnyo]

It's just market noise, overall the price has gone up only.

[Lamigo]

The bitcoin price is now stabilized at the $500 region, and we are now back to the boring horizontal price movement lol.

[maurya78]

Merchants accepting coins and tuning it into fiat
And lower mining profitability resulting in miners having to constantly sell mined coin to. Pay bills

[gelar24]

Don't be afraid of these short term price jumps/drops, bitcoin will be worth much more every year that pass.

yes actually stay relaxed when prices fell as much selling and that's where we take advantage to buy cheap price. and bitcoin prices will go up every year, like previous years

[Brewins]

Don't be afraid of these short term price jumps/drops, bitcoin will be worth much more every year that pass.

yes actually stay relaxed when prices fell as much selling and that's where we take advantage to buy cheap price. and bitcoin prices will go up every year, like previous years

I won't see price breaking the 1100 again this year. Maybe at the 1000's again, but I doubt. This year is different, the first time we had a Gox event and such.

Too much people with the hope we get 10x higher price every year, i'm afraid what can happens if doesn't happen this year.