Do not panic, because this has happened several times before and it always bounce back from March onwards. If you look at the other Alt coins, you will notice that they are also going down, so there are not a new movement from Bitcoin to other Alt coins.
I cannot substantiate my claims, but I think some Fiat whales are slowly dumping coins to manipulate the price. I cannot pinpoint the motivation behind this, but I know they are slowly cooking the frog. ^hmmmmm^
Topic: Will bitcoin stay? What should we do... - page 4. (Read 567 times)
Bitcoin price has been fallen a lot since last 2 weeks. From $17,000 to $8,000 its about 50% fall within 2 weeks. Croyptocurrencies have higher movements and includes risk of losing. Trading is not a good idea with Croypto-Currencies if you have a tight budget. But for wallets you don't lose the coins. We have seen this kind of fall before too and market jumps up more than it falls.
The same thing might also happen its just confusing us by some rumors , I suggest to hold coins and wait to see what really happens.
Today's Rate: 1 BTC = $8590.09
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