Since S. Korea is leading the way down (-20% ~ -30% across board), I suppose that Korean are finally starting to discount the possibility that their govt may pull a China-style ban, regardless of whether it's tax authority raid on exchanges or new legislation being discussed.  But on the bright side, newbies to the crypto world will finally get a chance to see what their favorite ALT is made of.  BTC got here today not because it's the coolest kid on the block, but being basically the last one standing through out all the storms.