Yeah well if you have not noticed yet bitcoin has dropped from $4880 all the way down to $4180 that is a $700 decline!

So why is this happening? Almost all crypto's are crashing! China has banned ICO's in their county as they view it as an illegitimate way of raising funds... I somehow doubt china's ban will last very long and regardless I expect all cryptos to rise once again over the next few weeks!

Is this a bad thing?

Well weather you have a current investment or not, no it is not. The currencies will recover. If you have no current investment on any crypto's at the moment I would suggest purchasing them now! Its a great chance to make a 10% gain in less than a week!

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