I have neutral feelings, I do not consider this drop too big deal. 10% price change in one day is OK, 20+% is more scary, for me at least, I have seen a lot.
yup the sudden change in price in one day is normal to the emerging markets that most begginers dont know about even experts, take a look at amazon, google etc. when they were emerging back then their price would fluctuate 90% in just one day if you look at their market history, 5 years from now i think the bitcoin volatility will end and it somehow settle its price at certain point.
I think I agree with you. I also believe the prices for Bitcoin and other major cryptos has stabilized. No more buying bitcoin with hope of selling hundreds of thousands the next year, people are now treating it as currency that it is.