Strange. I don't have a chart pulled up, can you tell me how much bitcoin has declined for the year?
I was planning on picking something up around $40
Rolling 12 months? It is up from 6.8 on July 3, 2012 to $82 right now. That's an increase of 1,105.88%
Since January 1, 2013? It is up from 13.55 to $82. That's an increase of 505.16%
Off its high of 266 on April 10? It is down 69.17%
Thanks for doing the maths on this one. The figures make for interesting reading.
To be honest BTC is holding its value remarkably well and a decline like this is just BTC finding it's current level.