Wow

That actually doesn't illustrate the magnitude of the drop since it's one day behind. It's currently at 6 million market cap.
There are no lessons to be learned from BC. Another generic pump and dump coin.
I knew it ever since the start. Now there are dozens of new "POW" coins coming along, there even is Whitecoin which is an exact replica. It's basically a gamble in which the big btc holders control the market and steal coins to investors giving it a shot. Imagine how many people lost btc during the BC pump and dump, yet they never learn. :/
This really helps anyone to see the pump&dump properly:

But hey, it will go back up, it's a good short term investment, until the guys playing with the coin jump into the next one.