A second day of losses in cryptocurrency markets is giving would-be traders a chance to buy that may not be repeated.

Bitcoin dropped below $ 10,000 on Cointelegraph's price index Wednesday, Jan. 17. On the same day, Ethereum (ETH) went below $ 1945,

Community and industry figures have reacted with mixed emotions to the downturn, which mimics

"Unless you can watch your stock with us panic-stricken, you should not be in the stock market." – Warren Buffett . (What's the numbers for the crypto market?) – Parabolic Trav (@parabolictrav) January 17, 2018

If #Bitcoin was a bus. pic.twitter.com/mcDcj0Cvf5 – WhalePanda (@WhalePanda) January 17, 2018

Data shows that Bitcoin set its annual low in the second week of January for 2015, 2016 and 2017:

2015 – Low Was Jan 15

2016 – Low Was Jan 16

2017 – Low Was Jan 12

2018 – Low …. – Bails (@iancbailey) January 16, 2018

Across major altcoin markets, assets are also currently being traded at steep discounts versus just a week ago, when many were still beating all-time highs in USD.

<img alt=" Chart "src =" http://cointelegraph.com/storage/uploads/view/08af185319f408b1eb95161868c5935a.png "title =" Chart "/>

The slide against fiat is firing a fresh round of mainstream media speculation Wednesday , meanwhile, with various publications hinting at the possibility of Bitcoin's alleged 'bubble' having burst.

"Did Bitcoin just burst?" Bloomberg write

A curious U-turn in the industry from highly-critical CNBC. Even if prices had fallen 20% Tuesday, the network came out with a piece explaining why Bitcoin "skeptics" were "wrong" to suggest it has no value.

"Many people think that bitcoin is a bubble, and that's predicted on the concept that bitcoin has no value. But there's reason to believe that it's just not true, "CNBC's article concludes.