lol you only want to buy cheap coins
longterm is intact!
How long does a graph have to keep going down before the short term becomes long term? Sure, bitcoins were once worth a few cents each, now they're worth $6. Fantastic. We're in a massive bull market. Only problem is they were worth $30+ a few months ago. Anyone who got bitcoins before March is probably still smiling. The rest are rather unhappy.
It all depends on the time period you're willing to choose. For example, Citigroup's share price is actually stable and there's nothing wrong with the stock. The company has no problems... if you're willing to compare the share price today to what it was 20 years ago. The stock hit $500+ in the meantime, but we shouldn't be worried by that.
http://www.google.com/finance?q=NYSE:C