I can't believe FUD has so much effect. 10% down in 24hrs just from fudding! Are people so easily affected? This is crypto, you should have been prepared for that.
correlation =/= causation
81 of the top 100 market cap are red % 24h btc right now.
People sell because they want to take profit, need liquidity, or simply because BTC goes up and they know they can sell then buy back cheaper.
People think their fud drops the price, when really it has no effect except maybe to spread a bad reputation for Iconomi and repel some new investors/users.