some altcoins are holding quite well. XRP for instance. its rise against BTC has mostly offset the crash in the BTC/USD market.
People panic but don't realize how much of a buying opportunity these dumps are. I'm sure they'll get back in, but that will be on the way up, where they always find themselves enter the market at the wrong time.
true, it'll only be clear in hindsight. by the same token, it's hard to know exactly where the good buying opportunities lie. masterluc considers the long term trend intact until we touch the $1200 level and i think that has a pretty strong basis. lots of wiggle room there!