Why did the value of 1 BTC fall from ~1100 USD in December to ~450 now? I can understand volatility for a couple 100 dollars even, but the value has almost halved. Is this due to the Mt. Gox hacking?
Those are more speculations IMO, but I believe reasons are clear:
1. Mt.Gox
2. Other exchanges suffers attacks
3. Charlie S.
4. Then it was not bad
until5. ITS
6. China (maybe yes/maybe no)
but all of those means nothing
Bitcoin is not 1 year old project and it is very strong even with all of those issues there are plenty of good news too.Bitcoin is still fragile in terms of the ecosystem, so when a government takes a stance, or something happens to a prominent company in the space, it can easily affect the price. Large markets work the same way.