You look like the typical Bitcoin newbie.
At a 10K USD bitcoin price and a bullish trend,you "believe in the future of Bitcoin".
At a 8.5K USD price correction and a possible bearish trend,you don't believe in the future of BTC anymore and you start whining that the price will go to 1 USD in 12 months to 18 months.This just isn't serious,man.
If you wanna sell everything,just do it.Panic selling is something normal,unfortunately,I've done it before.
Stop whining and act like a man.
The question "Is bitcoin a failed experiment?" has been asked 134934565 times on this forum and every time  it's asked at a bearish trend,when the price was falling.Bitcoin is here for more than 10 years and it isn't going anywhere near 1 USD or USD price.

in your eyes (who have been expecting to become rich overnight by buying bitcoin) it looks like a failed experiment because you never bothered to figure out why bitcoin was created in first place. you think the only purpose of it is to give you profit which is obviously wrong. don't worry you are not the first one to make this mistake and lose a lot of money short term trading trying to make profit from daily fluctuations.

What comes by the hype, goes by the fear.

If you believe Bitcoin's future value blindly especially if you come to this world because of the hype, then it makes sense that you want to leave this out now.

I wouldn't say you are wrong or right on your decision, but you may know bitcoin has failed several times and there might be people who think like you before, far before you made this thread and they were wrong.

So many people keep asking same questions when Bitcoin price start to fall down. But you should stop and think twice before acting.

For example I found that one for you;
One of our forum members asks in 2011 if the price of Bitcoin fell below $ 9.50, would you sell them all?


And the other members answered: NO! Buy buy buy! Bitcoin price is not falling for the first time. There is no need to panic here. There are a lot of similar posts created here in the past, and many people who panicked and sold their bitcoin. And all those who do this are very regretful now.

You'd witnessed now a downtrend but that is only a small correction of the Bitcoin price. I have been watching the Crypto market price for almost 3 years and I experienced the worst downtrend last year compared to this year. So, there's nothing to worried about because that's how volatile works on Bitcoin.

Bitcoin will never have a predictable movement. Ever. Unless someone is actually trying to control the market and is trying to fool the mass that they can predict the movement. Then the result might be something we wouldn't want to happen. That is for them to change the movement quickly and since the people are fooled with their nonsense prediction, then the real players would take advantage of it.

Coronavirus outbreak has nothing to do with the price of Bitcoin they are not correlative. And, it is impossible that Bitcoin will become to zero price unless if the whole world against it and banned all sites that may access Bitcoin. Adoption is not the thing here. Blockchain has never been adopted by the first-world countries to support crypto. They have used it for different purposes and that basically it.

Well this is the first post that I've seen blaming the Corona virus for a drop in the price of Bitcoin. The virus has been around since the 1960s, and it must be amazing that Bitcoin ever managed to get started in that case. The banking elite never let a good crisis go to waste, so they are probably using the current manufactured pandemic to accumulate Bitcoin. They have done it with gold and silver for years, but if they can demonstrate that the price of Bitcoin is unreliable, it will help them to issue their crypto replacement for the failed fiat system.

A good pandemic will convince people that a global financial reset if needed, but most Bitcoin Talk members can see through this ploy. If you aren't a member of Bitcoin Talk, you will just have to keep taking the pills.

Although I see where you are comming from, I wouldn't say it is a failed experiment (yet)... everyone knows that BTC can't sustain adoption, we have all seen what happened during certain periods around the last bull run (BTC transfers were taking days) and BTC is still worth around 10k (2 yeas later)
I don't think that BTC will have the tools to deliver adoption, it is extremely volatile and limited in terms of transfer speed and cost (network gets clogged easily)... lightning network is a patch and as far as I know it is not yet working 100%...
And while we discuss this around the oldest crypto, there are several modern ones that can help ...

I don't believe it is an experiment. I think it was created by the central banks to prepare the world population for a new form of currency, and it was created with restrictions that prevent it from ever becoming the dominant world currency. It has been successful both as a development platform, and as the only virtual currency with "real value" rather than a new form of centralised fiat currency. Because of this, it is a real store of value in these uncertain times.

Yeah, bitcoin newbies who went in because they got greedy, they thought it was going to make them a lot of money in a few weeks like all the friends who told them to get in now. They don't believe in bitcoin and never did. All they believed in was a get rich quick scheme.

They probably also traded up and down with tether, never even used a real bitcoin wallet their whole life too. So they come in here to whine. Same old story and good riddance I say.

I think it's quite reasonable to call Bitcoin an experiment. Well, at least when it started out. Though Satoshi might or might not have been really really confident with Bitcoin's success, it probably could've failed in it's first few months(though it obviously didn't). But yea, though I don't see Bitcoin as an experiment anymore(probably just partly), I'd say as time goes it's becoming a lot less and less experimental.