Quote from: ryanmnercer on April 11, 2014, 03:52:32 PM

Quote from: LMGTFY on April 11, 2014, 03:50:26 PM

Quote from: ryanmnercer on April 11, 2014, 03:11:54 PM

40-45% reduction in value in 5 weeks isn't 'everyday news'.

It kind of is. Look at the long-term graph (http://bitcoincharts.com/charts/bitstampUSD#tgSza1gWMAzm1g20za2gWMAzm2g1920zl) - BTC typically falls by 50-75% after every all time high (and in a matter of days, not weeks). This has been occurring every 8-9 months. BTC's volatility is well known.

Yes and the past is not the future. Previous rebounds and dips have precisely nothing to do with determining the future.

The 40-45% reduction was in the past, surely? Regardless, if you look at a graph and see what's being tracked has been very volatile you would - presumably - conclude that there's a high probability that it will continue to be volatile.