let me clear up some confusion, i just woke up and saw the price had halved. the most obvious reason that this has happened (to me, at least) is because a lot of people, especially newer miners looking to get in on the action with BC got too discouraged over the fact they couldn't work out the POS configuration for the wallet and inadvertently dumped their coins and abandoned ship because they are crying that the dev has a life away from his computer.

the price is going to rebound back, i dont care how much you disagree with this statement. i am right a lot of the time, usually all the time, i also have many leather bound books and my house smells of rich mahogany.  bunch of maroons