Quote from: avikz on June 21, 2016, 09:00:54 AM

This is the true nature of bitcoin. The price is dynamic and the fluctuation is a normal thing.

However, the sudden huge decrease in price is due to the huge selling by the Chinese. Traders have booked their profits at $780 level and due to the huge volume of sell trades, the price went down. These dynamic pricing is the main reason why it is not accepted by the major e-retailers like amazon and all.

However, I see no reason to panic as of now. The price will bounce back soon.

you must clearly be american

get this silly notion of "the Chinese" "China" out of your head.