Bitcoin has went down to usd 4,000 since August 22 and the JP Morgan chief executive, Jamie Dimon, called it a fraud. What do you think?
Bitcoin has been called a fraud since the start.
Bitcoin itself fluctuates on supply and demand between July and August the bitcoin price raised from 3000 to 4800 there is nothing wrong with it, this kind of volatile price is normal.
Many bitcoiners selling and the price went down, many bitcoiners holding the price went up and so on. Add to this the difficulty of mining bitcoin day by day.