Anytime bitcoin fails, this kind of threads are occupying the forum. This is interesting, bitcoin is already there as a solid one. Price makes corrections normally, then what is wrong with bitcoin, I can't understand this.
As long as people don't understand this market, and think Bitcoin can become worthless the next day, these things will continue to happen. It just shows how people are straight gambling with their savings, in the hope to ride this market's 'hype' and to gain some growth as well. Funny thing however is that these people chase quick profits, but the only thing they are doing is swallowing quick losses. Their ignorance and incompetence makes them lose out time on time again. It has been like that for years now, and it will continue like this as long as people don't research the market they invest in.
Also people need to understand that you cannot invest in something and make profits quickly most of those that have made good profits are the ones that have held for a long time, yes you can make profits quick but most of the time that means you can lose that money quickly as well, this is why being methodical about where we invest is the best approach to obtain lasting profits.