Yeah I guess, I follow you. There are many reasons really. Some of them talking about the FUD due to Korea and China bans while on the other hand people also speculate about the crypto corrections which are being done again to overcome the last years up surge. There is even groups on steemit who talking about the manipulated market crash where big players are doing that on purpose so that after bitcoin gets to very low they can earn some higher profits. Anywa, whatever might be reason we should be very stable at this scenario and must support the market. Otherwise it could go far down and might get difficult to recover soon.

Wthether this is positive or negative situation we are in but I feel that we should look forward to it in neutral way. There is no need to panic about this downfall as we have already seen a lot of them earlier in the time. There are big players in the industry who are throwing more money towards the bitcoin becaus it is getting low at the moment and they think that we may not find good opportunities than this to invest more money into it. This is where these big people get richer. The one with low capital always fear of loosing money and fall into trap. So yeah better watch it superficially and wait for the another dip, and invest even more.

Cryptocurrency market get shocked over the news of ban from Korean government. Both bitcoin and Altcoin prices corrected sharply. But this correction has given an oppoturnity to many new and existing investors to enter into Altcoin market and invest for a long term. Etherum is the best altcoin currently functioning in coin market. Its price is raising continuously along with bitcoin price. Ethereum works on the same platform of bitcoin, so anything happens to bitcoin ethereum will emerge as best substitute.

When we are supporting bitcoin, why not to Altcoins. Altcoins functions more or less similar like bitcoin. Altcoins are cheaper to buy and less volatile compared to bitcoin currency. There are many altcoins introduced since 2009, but among them very few are popular and functioning smoothly. Ethereum, Litcoin, Ripple, Dash are popular altcoins. Currently their price and movement is less. But this is the best time to make a long term investment in them. They have potential, they may have us returns like bitcoin did.

Bitcoin currency is correcting sharply resulting in falling its price from $15000 to $9000 in less than 15 days. Not only bitcoin but all crypto currencies are falling.  Soon bitcoin will settle at some price, and then opportunity of investing / buying coins will start. Till then bitcoin investors have to keep their patience and hold their coins, they can accumulate more coins once the price gets settled.

Ban by Korean government paniced cryptocurrency market. Bitcoin which was around $15000 dropped sharply and went below $9000. Ethereum was around $1400 dropped below $800. These two major dropdowns pulled remaining cryptocurrencies. Chines government now planning to close down bitcoin exchanges. Such news is making bitcoin investors nervous and they are selling their coins results in dropping price.

Bitcoin is both, asset as well as currency. It depends on us how we use it. Bitcoin was introduced by its introducer as a currency, to reduce problems faced by common people in their day to day trades. Its purpose was to eliminate middlemen from trades and to reduce various charges charged by banks performing a transaction. But later on its use as an asset get populated. Due to continuous demand and limited supply pushed bitcoin prices too high. Due to these prices more and more investors get attracted towards it. As a result it become the most popular and highest returns giving investment in a very short span of time.

Roll down from$19600 to $11000, indeed is reason to getting worried about. Not only bitcoin but all cryptocurrencies are falling down. Yearend slowdown, profit booking by investors is making markets all over the world little low. But news of ban from Korea making bitcoin investors restless. Bitcoin is a volatile currency, but such volatility is dangerous got the development of any currency. It may affect growth and future development of currency. Bitcoin`s investors may get diverted to altcoins or to any other investments , if bitcoin fail to fulfil the expectations of its investors.

All altcoins are following their mother currency Bitcoin. Prices of altcoins vary with the volatility of bitcoin currency. Altcoin functions more or less like bitcoins. Every year end all markets all over the world goes down, due to festival season investors withdraw their profits. As a result currency, equity, commodity market comes down. Addition to that many countries, which were earlier supporting cryptocurrencies  are now banning them over some security reasons. This is creating a panic wave among crypto investors. But soon this period will be over, and cryptocurrencies will start rising again.

That`s a big question worrying bitcoin investors since last one month. Bitcoin has crossed $19000 mark in the month of December. Since then bitcoin`s price is decreasing regularly. Bitcoin community is panicked by such continuous roll down. But such roll downs are expected after such a big upward rally. As predicted by experts bitcoin may touch $10000 and the starts its upward rally again. It is advised to hold your bitcoins and accumulate as much as you can afford.

Internet is now becoming the basic needs of human life. If internet goes off, not only bitcoin but whole world gets halted. Because almost all economies, industries, educational institutions are using internet in their day to day activity. Whole world will collapse for a while. Bitcoin is a digital currency. It get stored, verified and secured with the help of miners which are spread worldwide, internet is the main connecting link between them. Bitcoin investors will suffer a huge loss; they will not be in a position to perform any transaction. But situation like this will arise only when World war will broke out or a huge Tsunami will hit and destroy the whole civilization.

Bitcoin is a mother currency of all cryptocurrencies.Bitcoin has dominated currency market since its origin.  Almost all cryptocurrencies work more or less like bitcoin currency. Ethereum is best alternative to bitcoin currency. If bitcoin is gold then Ethereum is immediate silver. Ethereum has shown much price rise since last on year. It has potential to compete with bitcoin currency. Bitcoin`s increased volatility, raised transaction charges are compelling its investors to find an alternative. For them much cheaper and secured Ethereum is better option.

Bitcoin is giving everything to everyone, but one has to choose the right time. After crossing $19500 mark in mid December last year, bitcoin is rolling back and settled near $13500. This is the best time to jump into a bitcoin market. But we should not invest all our money in one shot. Chances of fall in bitcoin price is expected. So it is better to invest on every fall. If you are a long term investor then hold your investments. Otherwise you can sell and earn profit on every desired rise in bitcoin currency.

Yes this is possible, if we study performances of both cryptocurrencies there are chances. Bitcoin is around $13000 after crossing $19500 mark. Ethereum has reached $1300 mark. Bitcoin & ethereum works on same platforms. Coming years are difficult for bitcoin due to many reasons. Bitcoin currency has become too volatile as a result common investor prefers staying away from it. Bitcoin`s transaction charges and transaction has increased a lot. Many countries already banned bitcoin and many are planning to ban or regulate bitcoin for security reasons. As a result of all these reasons bitcoin investors are shifting their investments from bitcoin to much cheaper and stable currency Ethereum.

Bitcoin was popular in Asian countries like China, Japan, Indonesia, South Korea, India etc. China was the biggest trader as well as bitcoin miner. Biggest mining farms were from China. Going one step ahead Japan has taken initiative to setup bitcoin ATM centers. But later on China banned bitcoin currency from their economy by having security reason. After that countries like Japan, Indonesia, Korea also banned Bitcoin currency. India has not banned bitcoin yet but Central bank is warning bitcoin investors and traders against use of bitcoin. This is bitcoin`s status in Asia now.

From which angel bitcoin seems dangerous. Bitcoin is the safest cryptocurrency, secured by its own security system blockchain. Bitcoin transactions are constantly secured and verified by its miners. People who don’t have knowledge or information about bitcoin currency may call it dangerous one. Those who are not paying taxes on bitcoin are dangerous for government. For bitcoin investors bitcoin is a highest return giving asset/investment.

Bitcoin is a digital currency. It was invented with the purpose, to reduce the problems faced by common people while performing banking transactions i their day to day life. Bitcoin is a decentralised currency, means no third party interference is required while performing a transaction. Its peer to peer exchange helps to maintain secrecy of transaction. Its own security system Blockchain is unbreakable. So there is complete freedom for a buyse as well as seller to perform a trade. Complete elimination of third person making chances of corruption almost zero. If we use bitcoin everywhere chances of corruptions will reduce considerably.

With the increasing use of mobile and internet there arises a need of digital money. Cryptocurrencies have shown their success in the year 2017. Last year was challenging for crypotoworld. Despite ban and regulations by many countries bitcoin and other altcoins showed a good performance. Bitcoin has given its investors far more than they have ever expected. In the coming years bitcoin may have to face more challenges. But still crypto currency is the future of currency world. Compared to traditional currencies crypto currencies are still new to currency market, it will take time to settle in.

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China is a communist country, where everything is owned and controlled by government. Acceptance of bitcoin currency is itself is miracle. How centralised economy allowing decentralised currency? Chine`s government tried to crack or trace the bitcoin transactions. But due peer to peer exchange system it is not possible unless the investor converts it in fiat currency. So Chine`s government decided to ban bitcoin currency.Bitcoin was popular in China. China was the biggest bitcoin miner in the world. This ban panicked bitcoin community a lot.