Hello, guys!
The price has dropped by almost 100$ and I am wondering if anyone can properly explain why this happened.
As far as I know, the following things happened:
1. The DAO got robbed - improper term, as this was done using the tools that came with it.
2. Bitfinex was down 3 times yesterday.
3. The Chinese have been pumping over the past 2 weeks. Have they decided to make a profit now?

Is there anything else that contributed to this drop? Can you explain this in layman terms?
Thanks for the time.