this has nothing to do with crypto believers and newbie panic sellers this time. instead it is an attack against bitcoin that has been building up for a couple of weeks now from the BCH camp, mainly Craig Scammer Wright. in case you missed it the propaganda machine has been actively spreading FUD and lots of lies about how they are going to dump bitcoin. then the manipulation came and with a small drop the bots with their stop losses went crazy hence the current price.

Relax. We are nowhere near panic time.

Some people make false news, fud on the internet everywhere. I have seen in this year BTC didn't grown and it stucked at the 6500 USD.

If you are serious on BTC, then its right time to quit including alt coins.

Indeed. Most people or user are quitting bitcoin just because the price is very low right now. But I know that it's just the same like last year. For today, the price is low but next year, it will rise again.

I am already so tired thinking what can have gone wrong this time that necessitate for the Bitcoin value to fall drastically. I have already accepted the fact that if Bitcoin is falling then let it fall as far as it can fall so it can then start rising again. This has been the same cycle, the same story, the same headline and the same thing all over again. Next year I might be leaving cryptocurrency once and for all as I am tired of all of these shenanigans.

I think at this time bitcoin is in the stage of price recovery because bitcoin tends to fall rather than up but this is a great opportunity if we use it in the form of investment because after this can be passed then the bitcoin will rise again and we can sell our assets as long as we can get a lot .

I don't panic and I'm just looking at the market on how its going to recover immediately. But it seems that its just getting started and we can expect more dips to come. I don't want to discourage others but OP is right, there's a lot of worst dips in the past.
I'm a true believer of bitcoin and will continue to encourage the new ones that this is very normal for a market that's very volatile.

imo btc is suffering these price drops because too many people borrowed fiat to buy btc during the 2017 bubble

interest rates are now rising, so these investors are finding they have to offload btc to cover their borrowings

personal savings levels are low, after years of low interest rates, so with little ability to pour saved cash into btc people borrowed to get in, and got in at the wrong time - when the market was rising ...

add the tax obligations that have come with legitimacy, and it's no wonder btc has had a shocking 2018 thus far

too much hope for approval by wall st, and etfs, and so forth as well ...

reality is those parasites have just lapped up the opportunity to make tons in 2018 by shorting what ought to be a safe haven/savings haven/leg up into wealth and freedom, for millions of people around the world ...

im holding, but it rally sucks atm, all the same

In my own opinion, there is really no need to be panic or whatever coz it's normal in the market due to volatility. Those who are panicking are noobs to be honest. Remember there are people who can manipulate the market but it's up to you if you're going to go with the flow or you'll just give up and let those manipulator wins.

We are here! and this dips are basically like early Christmas mega sale! Lucky are those that are just getting in. They will sure get the most bank for their buck. Lucky us also because we get to experience everything in this market. Whatever is happening it is always gonna depend on who is looking to see if it's good or bad. Bag time!