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RE: What is happening to Bitcoin?
This is a healthy market correction that was long due. We need this to go gain higher grounds. If you cant take the BTC action, have a look at Diamond coins. The price isnt that volatile. Best regards Dr DMD.
I do feel this this a bit of maket correction. I just feel like the timing of it all was either purely coincidental, or coordinated and monetized upon ahead of time by larger actors. The game is played. Hopefully its a temporary dip.
It's likely a temporary dip, though I've posted about this too, holding the same fear as you about the price dipping, especially if we want to use Bitcoin, Litecoin etc. as a currency.
I think BCH may have shaken the bedrock of BTC a bit by being added to Coinbase. Those BTC fees are paralyzing. New comers see the Bitcoin branding on BCH and think it's golden. Maybe it is. It sure is soaking up those potential BTC dollars.