People are panicking because of some countries are banning bitcoin and so called experts causing a fuzz that bitcoin will not survive this.
This is a FUD, those "experts" are totally useless and does not help to make the entire economy healthy although the correction is healthy itself.
But guess what, every year bitcoin falls hard and shoots like a moon. I think we are lucky for this year because bitcoin started small and I believe it will pump hard at the end of the year.
It's always the darkest time during the dawn but after that what's next? Morning, rising of bitcoin again.
Dark times will come on bitcoins as this one has been occured on the past but the good thing really is Bitcoin has proven to get a huge pump after its dumped and maybe we can see it pumping for more(Just speculative opinion) But let should wait for it to get restored since I think by mid year we can see the outrageous growth occuring on it.