Can someone explain why every coin is dropping that much in the last hours? I cant find any reason except "correction", but a price correction for every coin and that high?
There are times when the market is just doing its own thing even without proper explanation. Plus it is the holiday season which is traditionally a damp season for any investment type of the market. Hopefully, things will get into the reverse once the Christmas season has been over. With Bitcoin, it is still affected by the concern on the scalability issues and the high transaction fees -- all of these problems are needing the attention they deserve. As for me, this is just one of the many natural-occurring dip which can be the best opportunity to buy some Bitcoin cheap. No need to panic at all as our emotions can sometimes be our enemy when it comes to 'investing'. Let's go picnic instead this Christmas. Happy holidays, everyone!