Usual correction of 5-10%, nothing to worry about so far. Of course with the price bitcoin has reached, a 5% correction means minus 1000$ on price, this could frighten newbies.
Agreed. If anything, this is going to push people to start buying more. They're soon going to realize they won't get many more opportunities to purchase sub 18,000 in the future. Will probably continue the cycle of up and downs by having another surge after this correction. Bitcoin's got a pretty cyclical nature and I think it's secure enough to the point right now that people aren't trying to get rid of it (aka, no major drops soon).
). The whales are trying to cheat people 
