What’s all the panic about?

Bitcoin dropped to 16.5k today. 16.5k guys… everyone is running around like their hair is on fire. I’ve only been on the HODL train for a little over a month and this sub has convinced me to expect and not worry about dips like this. It’s only been a month for me and I’m not panicked, why is everyone else?

I was bracing for dips down to 11 or 12k. We’re up here hovering around 17k and acting like the world is going to end.

Coinbase isn’t a big deal, BCH isn’t a big deal. Bitcoin has seen worse and continues to grow, I for one will be buying this dip, because BCH isn’t the gold standard for Crypto Currency. Bitcoin is.

submitted by /u/CappinPeanut
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Bitcoin – The Currency of the Internet

What’s all the panic about? (reddit.com)

Bitcoin dropped to 16.5k today. 16.5k guys… everyone is running around like their hair is on fire. I’ve only been on the HODL train for a little over a month and this sub has convinced me to expect and not worry about dips like this. It’s only been a month for me and I’m not panicked, why is everyone else? I was bracing for dips down to 11 or 12k. We’re up here hovering around 17k and acting like the world is going to end. Coinbase isn’t a big deal, BCH isn’t a big deal. Bitcoin has seen…

Bitcoin

Why are people panic selling over JP Morgan comments? THIS CURRENCY UNDERMINES EVERYTHING THEY STAND FOR, IT’S BIASED.

I hate to be angry at (some of) the bitcoin community but right now I cannot avoid but being so. JP Morgan is a multinational bank that invests OUR money and then makes profits off it by investing and then gives us 1% return on its investments, and artificially boosting investments if they don't go their way. By panic selling, you are giving them the power to manipulate our currency against theirs. This guy has a vested interest to maintain power to the banks (the elite few) who control the vast majority of our money. Bitcoin goes against that in every way, removing the middleman for transactions (i.e. him). I cannot fathom how this is causing a panic sell, it's a banker… (switch the b to a w to know how I feel about that).

submitted by /u/dude7691
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Bitcoin