Is it time to dump BTC to buy something better? That's what Steven Englander, head of strategy at New York-based Rafiki Capital, thinks crypto holders might be trying to decide.
My conjecture is that cryptocurrency holders are trying to decide whether to abandon Bitcoin because its limitations mean it will be superseded by better products or bet that it can thrive despite them.
http://metro.co.uk/2018/01/17/bitcoin-ethereum-ripple-prices-plunge-cryptocurrency-meltdown-7235810/
Of course, I personally "dumped" BTC long ago in favor of better prospects, and I haven't done bad at all.
In fact, I've now dumped all legacy crypto altogether, and have no intention to ever get involved in it ever again.
It's only cutting edge, state-of-the-art, 3rd generation crypto for me.
