Korean exchange hacked, MEW phising site scam theft, bitcoin unstable and about to fork, a new ICO every minute taking in and liquidating millions in ETH, Alphabay disappears with potentially millions in bitcoin, ETH and monero, people cashing out gains because it looks like a massive bear market is incoming, coinbase having tons of ongoing issues with ETH transfers and trading, ICO's not delivering on promises and many turning out to be vaporware and or scams entirely, people losing enthusiasm, noobs buying the top and losing their will to hold when they lose half their money in 2 weeks.......

Theres a ton of reasons for a dip. The biggest of which is the billions of dollars dumped into an ecosystem with very little utility and no actual value for the time being. This is a correction that is past due.

I'm still bullish on crytpo long term, but its time for some crazy losses to get things back to reality a little bit. I for one will be buying the dip and Holding longterm if this turns into a crypto iceage like the last 2 years.