Is there any poilcy from state?
Found this on Reddit, not saying bitcoin is dead or going to die or destroyed or would it survive etc etc. If you observe BTC charts, it follows a pattern and almost everytime this pattern keeps repeating. There is nothing to panic about it, this is is how the BTC market works.
Nice charts to compared and that's true, represent what happens today.
People always looking for easy money, so they buy at lower price and wait for higher peak to cash out, this is the outcome ; bitcoin price drop back like crazy like $800 and furthermore maybe decline for another $1500.
There are some people who regret didn't sell for sure but no need to worry as bitcoin will recover again and reach more than $2500 next month.
if only I could get 1 satoshi each time someone posts that picture I would have been 2 in a million already
take a look at these quick and dirty screenshots I took today: https://bitcointalksearch.org/topic/bitcoin-charts-deja-vu-1935374
each of these rises are exactly the same as the current rise and each time we had the same thing where there is a big panic and they start panic selling to cause the dump and each time it is only because it is easy to manipulate bitcoin market since it is small to get your hands on cheap coins otherwise impossible to acquire.