amid all this panic do yourself a favor and search for "shaking out weak hands" price may dip, but nothing about bitcoin has changed, the protocol is as safe and useful as ever. since nothing has actually changed that means these fluctuations are no more then blips on its path upward. what bitcoin actually is brought us to the price we are now, it had nothing to do with good or bad press. the press came because of bitcoin. nations are taking note of bitcoin now, sell at your own risk.
there is always panic time when price drops even 50$.
So
just keep doing what you are and do not worry about panicers.
Let they sell BTC to us
but i just feel so bad for anyone caught up in thew panic.... I feel like there must be a thread for newbies to look to if they have been in the game a short time. Some people may not see threads as jokers trying to pass the time if they are over-invested.
it took about 4 months after starting to gain confidence in bitcoin, and I only KNEW it would take off after using it to do my shopping online. its so much easier then using a CC it would be a huge shock to me if crypto didnt explode in a huge way soon. read soon in terms of years not days/weeks.
I think it does explode already last year
and the shockwave is moving quite distance now
depending on your definition, sure it exploded last year. it first became easy to use to buy things other than drugs last year. to me, thats just a fire cracker, when i said explosion I meant something much bigger.
the average person in america still does not know about bitcoin, so that means nothing real has happened yet. todays buyers are still early adopters in this perspective.
I feel bitcoin will be the prefered way to shop online, when that happens todays numbers will seem insanely cheap, todays newborns are handed smart devises with their baby blankets (not really, yet) and they are used in schools alongside textbooks. to these hordes of people with huge buying power bitcoin will rise to power.
Remember Obama won by being the first president to target the youth, still in school but would be 18 by election. the under 18 market for bitcoin is huge, and NONE of them think bitcoin is complicated.