So this is the reason for that sudden drop. Lucky for the hacker(s) they stole a big amount of btc. What the hell with the security? If the security is very weak. Who would want to own btc? They should work on that coz huge amount is at risk if this thing continues. Expect more dropping this week.
I would say expect more drop in the morning , when the Chinese wake up. They tend to affect the prices even more. Right now the wall to trinkle down to 450's is very thin. I agree, I think the price of Bitcoin will get down to the $450 level and maybe even lower at $400. It's sad that this happened and I really feel for the people that lost there Bitcoins/money.
