I can't believe people are making threads about this.
As long as bitcoins has excisted, prices have gone up and down. It's in the nature of bitcoin. If supply is larger then demand, then the price will drop until demand is larger then supply, when the price will rise again.
You shouldn't convert you bitcoin. Just hold on, and wait until the price will rise again (which will happen).
This is one of the reason. Additionally, it is like the normal economy in the physical world there are lots of factor, the only one I know is what my friend told me that during paydays when many campaign give wages at same time it affects price of the btc, because the demand on converting is high, hold on to your btc ,it is the chance for you to become a millionaire. As long as bitcoins has excisted, prices have gone up and down. It's in the nature of bitcoin. If supply is larger then demand, then the price will drop until demand is larger then supply, when the price will rise again.
You shouldn't convert you bitcoin. Just hold on, and wait until the price will rise again (which will happen).