Let's call the train the bull-train or the bear-train. Whichever it is, it seems like the majority of people are going for the current trend. So polarizing. Let's look to the devs who works calmly on the software and their services while they register the price movements without emotions. Bitcoin has existed since 2009, and it ain't going away tomorrow.
Also it's worth mentioning that the current price is about twice the price of the bubbletop in 2011 (32), yet people are screming this is the end. In 2011 when the price was half of what it is now, people were screaming that we're going to the moon. It's all about context short term for these people.
Don't embarass yourself and be one of those emotional dumbasses that thinks something is going to the moon, or dying just because of some volatile price movements. Some people have invested more than they could afford to lose, and they've broken the golden rule of investing, and they're now suffering. If they'd been more rational about it and didn't invest more than they could afford to lose, and had some patience, who knows what they could've cashed out in a few months time or longer if they sat tight. If cashing out to fiat is their goal though. Since it's quite likely bitcoin will increase in price long term, perhaps it makes more sense in trying to increase the amount of bitcoins that you hold ? If we look at the purchasing power of bitcoins vs. the purchasing power of dollars over the last few years, the bitcoin is outperforming the dollar, even though speculative profit in the short run can be tempting for many to cash out in fiat.
