Nearly $2 billion has been wiped off bitcoin’s value in three days

[The Sceptical Chymist]

$2 billion gets wiped off (or added to) the market value of Coca-Cola stock all the time.  True, bitcoin has a much smaller 'market value', but there's no need to fret over this.  Volatility is the name of the psychotic game we're all playing with this crazy peer-to-peer currency we know as bitcoin.  It's nothing.  Fucking buy more and move on.

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[BitMaxz]

Its nearly a week when i'm not active because i have some important do with my papers.. and now i just check and online the price has huge drop from the top of the mountain landslide to $1,000 below..
$2 billion such a large amount of money i could not imagine that the price will crash in this week.

[leowonderful]

Its nearly a week when i'm not active because i have some important do with my papers.. and now i just check and online the price has huge drop from the top of the mountain landslide to $1,000 below..
$2 billion such a large amount of money i could not imagine that the price will crash in this week.

Well, we're now back above 1000USD and it's likely not a dead cat bounce this time so it's looking good so far. Bitcoin is naturally volatile and if you can't deal with it, it's not for you. It's likely we will now rise back up again but I'd wait a few hours and see for sure if the trend isn't going down again.

[RoommateAgreement]

all of this because of a series of stupid FUD and the funny part of it is that traders who sold to make the panic happen don't even care about that topic, they actually would love a hypothetical situation in those FUDs to happen so that they can make even more money and in fact they are going to buy even more bitcoin to have more coins in case that FUD happens.

[nydiacaskey01]

If it's bad news for sure the media will come up with an article about Bitcoin and they are very good in creating a good headline that will make those who are still curious about Bitcoin to think twice before diving into the Bitcoin world. Media is not helping with the growth of Bitcoin but instead its helping spread bad news about it.

[Schuyler]

If it's bad news for sure the media will come up with an article about Bitcoin and they are very good in creating a good headline that will make those who are still curious about Bitcoin to think twice before diving into the Bitcoin world. Media is not helping with the growth of Bitcoin but instead its helping spread bad news about it.

Bad news always sells better and makes more noise, that is why the media is pouncing on every opportunity that they can get. Although the market cap has substantially decreased over the last week or so, the long term trend is still pretty much intact. Now, if only those media outfits look at it the same way we do, I am sure something better is going to come out of this.

[Kakmakr]

Nearly $2 billion has been wiped off bitcoin’s value in three days all because of a fork.

Headline from the front page of Yahoo.com

Source: https://www.yahoo.com/finance/news/nearly-2-billion-wiped-off-121914544.html

This is why BTU needs to go away and the scaling wars need to end. How far will the value of BTC drop should this clusterfuck continue?

You are missing the whole point of this. Just follow the money and you will see what is being done. Bitcoin's price goes down, while Dash & ETH price goes up. Roger Ver back Dash in a interview and with subtle hints attack Core developers. So is this not strange at all?

You will soon see a price corrections when these people start dumping Dash & ETH and starts to pump BTC again. There are people making tons of money, by manipulating Crypto currencies.