The big rise a couple of weeks ago was most likely related to the MMM ponzi sceme.
I dont trade a lot but just because the price has gone down a bit it doesn't really matter, you will still win or loose just like if the price was $600 per coin.
Depends what you bought in at.
Thats actually right, whatever the price it is the trading profit is same
But the problem current price make people lazy and disgusted on bitcoin. Just a little example my friends one by one left bitcoin trading and back to forex just because current price is not exciting as $600 .
I heard it before, last jumping price related to bitcoin MMM.
Another news, silk road activity take a part on bitcoin fast movement. Are you beleive on it?
And some people says bitcoin price currently controlled by several big traders.
Any other speculation regarding this situation?