Now may not be a bad time to buy a bunch. Actually about 12 hours ago was the best time to buy a lot. It looks like it is recovering nicely now but there could be another drop.
really not the right time to buy, while I've heard about bitfinex got hacked. the price will likely continue to fall.
Bitcoin wont stay under 500 dollars i will give it 1 week to get back to the 600 dollars and it will, give time to people to get this cheap coins around, with a 20% discount, but the hacker will dump the coins if hasnt started already doing.