Bitcoin dumps off a cliff..
- 9% in the last 24 hours, that's a normal day in the Bitcoin market, I was hoping to see something like - 40 to 50% to call it a dump 
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This is the exact opposite of what Bitcoin is supposed to do..
is the bitcoin price supposed to move in only one direction minus any correction?Has Bitcoin strayed too far from its purpose?
Depends on what time frame you are looking at. Are we going to judge Bitcoin from the time it started trading over a decade ago or from last week?Also, i believe bitcoin's major purpose was to do with being an alternative electronic payment system
