This make me very mad.
What we are seeing is the moronic dumping of all altcoins back to Bitcoin to then dump that into USD or EUR.
Rest assured that regardless of how low this goes it will bounce back fast once Bitcoin stabilizes.
What annoys me more than price is how the media, a simple story, can turn an entire economy upside down and cause people to lose hundreds of millions of dollars. Fuck the weakhanded and fuck the media for releasing dramatic stories that they have know will crash markets when released. Wouldn't surprise me if the publishers and writers of said articles sold off their coins before posting the articles on line.