BTC price = 287 on Bitstamp. Are we facing a bump upcoming or BTC is dying.

$ 286.81 (-8.98 %)
Estimated Next Difficulty: 45,872,728,865 (+12.87%)
Adjust time: After 1337 Blocks, About 8.4 days
"These are the times that try men's souls." like the man said.
The market is always right. For a year it has been trying to wash out
excess mining capacity. But still it balloons. The question is what it takes.
Maybe $250, 225, 200 who knows. Something has got to give.
To be honest, I think the killing off of mining capacity may kill bitcoin - if difficulty goes up 13% and price halves, this contract is pretty much worthless
if mining capacity drops sharply, confirmation may takes forever and kill bitcoin.