This is such a small price drop. What about the people that bought ripple at 3 dollars? they are down 90 percent. I would barely even call this a dip, wake me up when something exciting happens.
Really? Oh well, it is not a small drop for a short-term investor like me. I made about 500$ from trades between 1 week ago until now, and my profit are now gone!!!!1111!11!!!
I confirm that 300$ drop is not so huge on BTC trends, we already saw this many times and in higher proportion.
It could be many reason, possibly some whales that are playing for people to panic sell with again MTgox rumors in order to buy at lower price.