The extreme rise of the Bitcoin exchange value as described in my previous post Bitcoin exchange value exploding has come to an end. The Bitcoin prize rose to a peak value of 270 US$ per Bitcoin (BTC) yesterday 10th, April in the afternoon (UT) but fell in a few hours sharply for 100 US$ to a value of 140 US$.
Today, 11th, April, the value stabilized, but still fell slightly to currently 120 USD/ BTC.
On a long term view the fascinating features of the Bitcoin currency should promise further acceptance and grow in use.
Link: Actual five day chart from bitcoincharts.com
exchange price USD/ BTC and volume on April 11-12, 2013
Seen on a larger time scale, the Bitcoin prize had risen in the three months of 2013 incredibly 1500 % and lost now in one day half of its value (see below)!
exchange price USD/ BTC (%) 13 Jan -11 April 2013