Nope, already down $40 today... That's not up and up..
That is right, the bitcoin price is very volatile. It is up $80 in a day again. That is bad for the adoption for commerce.
It's normal for the price to go up and down several times a day. I don't see how this is bad. The short term focus is positive.
With the world financial markets in crisis; brexit, chinese massively search for other currency's to prevent losing money. The bitcoin price may grow for a little longer.
The kwuk finds every opportunity to claim negative things about bitcoin. Which means if he is active something good is happening for bitcoin.