This is right. bitcoin price is dropping very fast. I don't understand what is the reason of bitcoin's price dropping like that.
now bitcoin price is 550$. and 4000$ is far far away from it. I don't think bitcoin price can reach to this mark at all..
bitcoin need more demands and markets.
The price drop is likely due to the large hack of an exchange in China. Something like 70 million dollars worth of bitcoins were stolen. Generally, hacks that large tank the price because it introduces fear and uncertainty in the market, which the market does not handle well and people flee to safety.
And if exchanges employed adequate security, it wouldn't happen either. Instead of blaming the victims, you might blame the people who are directly responsible for hacks, and that is the people who set up an exchange and then fail to employ the security measures necessary to keep the coins safe.