I know the basic your opinions and prediction bitcoins will be die because of the bitcoin's price went down more than $500 in one day, i could understood about that, you are in fear because of the fluctuation of bitcoin's price then made prediction about bitcoins will be died soon, in all of instrument of investment the fluctuating of price is needed because it will gives us chance to purchase cheap bitcoins and you know bitcoin's price will goes up again.

Indeed the price has decreased in an unexpected way and the downfall is not over yet but it is impossible that bitcoins will become worth one hundred dollars only. I am not an expert but anyone of us can at least tell this with certainty. The users have increased by so far and most of them will stick with bitcoins.

Over the years bitcoin had always reacted to news and whenever it recovers it goes beyond the previous value benchmark to break another record. Every dump in price is an advantage for some to quickly acquire more for the next rise. Spend more time with it to understand more but sometimes its an advantage. bitcoin cant ever have this stable price, never.

It has been practice by all the traders of Bitcoin which they take advantage of always, the problem here is most of the corrections are being abused by big players which they don't show mercy if they offload their position for profit taking, this shows us the disadvantage of being a decentralized currency as the one who has a big position is the one who can decide the flow of the market. The plays of the players added by the catalyst brought by the news will create a devastating panic selling for the other traders.

At this point, I doubt if it's ever gonna create a major panic like it did way back 2013-2014.

The effects of the China FUD are getting more short lived, you said it yourself at the beginning of the year it took bitcoin a few weeks to recover, now it only took bitcoin a few days to recover, soon enough the China FUD is not going to work anymore and the next time something like this happen we are not going to care anymore.

I don't think Bitcoin is going to fall down to $100 but let's not be too quick to say that the drop is over. The drop has had an awesome bounceback, but that could easily just be people buying the dip. I think the next few months will tell us whether it's going to keep sliding or keep shooting up.

It's not just fud, there is now some detailed info (as far as we can believe it) regarding China and BTC.
Which basically comes down to China seeing BTC as a potential threat.

I read that some crytographic algorithm will still work in quantum computing. Is that true? Can someone share more insights?