I've been keeping records of various statistics, including the current value of the BTC and have noticed it steadily declining over the last few weeks. I don't think I've seen it go up once. Does anyone know what's going on? The highest value I have for the BTC is from when I began keeping records, on 6/16/11. Then it was 16.7 USD/BTC. Today, 12.52

Look further back, prior to the speculation spike caused by media events, 1 BTC was hovering around US$9. So if the Silkroad and other events did not bring Bitcoin into the limelight, US$9 would likely had be the "real" value of 1 BTC. What we're seeing now, in my non-financially trained opinion, is merely market correction to the correct valuation, quite possibly $9~$10 before it will climb up again.