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RE: Bitcoin and Everything Crashing! Programmer explains.
Watch the whole video till the end. Love the quote near the end. Which somewhat agree on it. Drop is necessary for us to take a step back and evaluate the currency.
Similar with the stock market, when a company drop. Something went wrong somewhere. Not just us as investor, but business owner and developers as well to evaluate and maybe to even change the business model.
As a developer and entrepreneur myself, trend do change over the time as well. The key to survival is to able to adapt to changes. Which is a better approach than blind faith hoping things to rebounds.