i want to know if anyone can answer a few questions with complete details please?
Why the value of Bitcoin is going down?
When would it be back up?
Would it ever goes back up like 2012 at $1,000?
What's really going on with bitcoin?
Price was going down due to very little trading for about 2 weeks followed by a run of sellers compared to buyers.
Most sellers didnt leave they just bought back in at a lower price.
Some sellers had no choice as they were caught up in options and would lose their shirt and
some sellers just lost the faith and panic sold ( I doubt they will come back in for a long while and miss the boat)
Price will go back up when more buyers than sellers AND the volume increases. It will rise sharply once most of the traders feel that market is rising however it is also down to new money appearing and that is down to the BTC sermon being spread around verses all the bitcoin horror scam stories associated with money and any new technology.
Yes it can easily exceed 1000 in 2015, all down to market sentiment and some good news which offsets the critics especially the ones who dont take time to understand it properly and misinform.
Whats really going on is simple.. its in its infancy, attracting risk investors and they will drive it up and down like a prostitutes knickers, over time adoption occurs and it will increase in price and reduce in volatility but thats a long way off.
Hope this helps.