I slightly have different opinion on this, I don't think it will kill the bitcoin in any ways. Yes, it might affect the price badly but it won't destroy the bitcoin. Believe me or not but there are many people with cash in their banks are waiting outside bitcoin to enter in it at a right price and in every crash such people jump in with their fiat balance so it doesn't affect the price as it is supposed to as per the over supply principle.
Right on point, that's why I strongly suggest we stop spreading false news in order not to cause newbies to panic and sell what they own. At this stage of Bitcoins career is where everyone should be confident to invest because whatever dumping that may occur as a result of the volatility will be restored back to normal as readily available enthusiasts are waiting to get onboard in such circumstances.
Such things promote panic selling even in the little loss but that is nothing as compared to the loss of the long-term (the profit forgotten just because of early exits). We have to understand the fact that there are traders and even institutional investors entered in the bitcoin and their actions will create short-term volatility on the price chart but in the long term we will have actual growth of bitcoin through user base point of view and that would be the strong growth of it.
