I am not concerned about the current fall of all crypto currencies including bitcoin because I believe they will definitely bounce back.
But I am interested in finding what is the cause behind this? What caused people to panic and what caused all the cryptos to dip so low at once?
This is not unusual drop in the crypto but the past is repeating itself along with few consequences like Korean exchangers ban and China ban. There is also part of communit which thinks that the crypto is going down this year and could drop to almost dark ages rates. But anyway we should be always positive about this market. It has got potential to rise again and show the dominance over each other. On top of this it is also mentioned everywhere that this year is going to be altcoin year. So we might see our little babies growing to teen age now. ;-) let’s not panic and forget about dips and crest.